4701 Hollowell Ln Raleigh, NC 27604
Atlantic NeighborhoodEstimated Value: $530,000 - $660,000
--
Bed
3
Baths
3,063
Sq Ft
$192/Sq Ft
Est. Value
Highlights
- Corner Lot
- Luxury Vinyl Tile Flooring
- Forced Air Heating and Cooling System
About This Home
As of May 2022Well maintained all brick ranch triplex in a great location near Milbrook and Capital. Each 2BD/2BA apt. has the same layout. All apts. have luxury vinyl plank in the LR. Apt. A was fully renovated in 2018. Roof was replaced in 2018, all water heaters replaced (2-2019 & 1 -2022). Fully occupied: Apt A - $1,025/mo-03/31/23; Apt B - $1,025.00/mo; 03/31/23; Apt C - $1,095/mo; MTM. Great investment property for investors to hold in a historically strong and steady rental area!
Last Agent to Sell the Property
Raleigh Investment Real Estate License #211785 Listed on: 04/06/2022
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,431
Year Built
- Built in 1984
Lot Details
- 0.45
Parking
- Off-Street Parking
Home Design
- Brick Exterior Construction
Flooring
- Carpet
- Luxury Vinyl Tile
- Vinyl
Schools
- Lead Mine Elementary School
- Carroll Middle School
- Sanderson High School
Utilities
- Forced Air Heating and Cooling System
- Heat Pump System
Additional Features
- Crawl Space
- Corner Lot
Community Details
Overview
- 3 Units
- Homeplace Square Subdivision
Building Details
- Gross Income $3,145
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 6, 2022
Closed on
May 11, 2022
Sold by
Svanes and Torkel
Bought by
Horoho Kenneth
Seller's Agent
Diane Murdock
Raleigh Investment Real Estate
Buyer's Agent
Melissa Gordon
Coldwell Banker Advantage
List Price
$460,000
Sold Price
$565,000
Premium/Discount to List
$105,000
22.83%
Total Days on Market
1
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,115
Avg. Annual Appreciation
1.37%
Original Mortgage
$423,750
Outstanding Balance
$404,908
Interest Rate
5.27%
Mortgage Type
New Conventional
Estimated Equity
$184,207
Purchase Details
Closed on
Jul 10, 2018
Sold by
Southern Special Properties Llc
Bought by
Svanes Torkel and Svanes Susanne
Purchase Details
Closed on
Mar 14, 2018
Sold by
Leaston John and Leaston Doris
Bought by
Wilmington Trust N A
Purchase Details
Closed on
Sep 11, 2017
Sold by
Leaston John and Leaston Doris
Bought by
Zulu Llc
Purchase Details
Closed on
Oct 26, 2005
Sold by
King Properties Llc
Bought by
Leaston John and Leaston Doris
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,980
Interest Rate
5.84%
Mortgage Type
Stand Alone Second
Purchase Details
Closed on
May 26, 2000
Sold by
Panchall Harshad P
Bought by
King Properties Inc
Similar Homes in Raleigh, NC
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Horoho Kenneth | $565,000 | Lowry Stephen D | |
| Svanes Torkel | $247,500 | None Available | |
| Wilmington Trust N A | $252,000 | None Available | |
| Zulu Llc | -- | None Available | |
| Leaston John | $550,000 | None Available | |
| King Properties Inc | $210,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Horoho Kenneth | $423,750 | |
| Previous Owner | Svanes Torkel | $200,000 | |
| Previous Owner | Leaston John | $61,980 | |
| Previous Owner | Leaston John | $179,925 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/14/2023 12/14/23 | Off Market | $565,000 | -- | -- |
| 05/13/2022 05/13/22 | Sold | $565,000 | +22.8% | $184 / Sq Ft |
| 04/07/2022 04/07/22 | Pending | -- | -- | -- |
| 04/06/2022 04/06/22 | For Sale | $460,000 | -- | $150 / Sq Ft |
Source: Doorify MLS
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $4,985 | $567,013 | $150,000 | $417,013 |
| 2023 | $3,837 | $346,495 | $60,000 | $286,495 |
| 2022 | $3,568 | $346,495 | $60,000 | $286,495 |
| 2021 | $3,431 | $346,495 | $60,000 | $286,495 |
| 2020 | $3,370 | $346,495 | $60,000 | $286,495 |
| 2019 | $3,062 | $259,033 | $56,000 | $203,033 |
| 2018 | $0 | $259,033 | $56,000 | $203,033 |
| 2017 | $2,755 | $259,033 | $56,000 | $203,033 |
| 2016 | $2,699 | $259,033 | $56,000 | $203,033 |
| 2015 | $2,791 | $263,746 | $56,000 | $207,746 |
| 2014 | $2,649 | $263,746 | $56,000 | $207,746 |
Source: Public Records
Agents Affiliated with this Home
-
Diane Murdock
D
Seller's Agent in 2022
Diane Murdock
Raleigh Investment Real Estate
(919) 368-3077
5 in this area
20 Total Sales
-
Melissa Gordon
Buyer's Agent in 2022
Melissa Gordon
Coldwell Banker Advantage
(919) 614-6878
1 in this area
53 Total Sales
Map
Source: Doorify MLS
MLS Number: 2440753
APN: 1726.13-02-6883-000
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Some IDX listings have been excluded from this IDX display. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. Listings marked with an icon are provided courtesy of the Doorify MLS, Inc. of North Carolina, Internet Data Exchange Database. Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property. Copyright 2025 Doorify MLS, Inc. of North Carolina. All rights reserved.
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