NOT LISTED FOR SALE

Estimated Value: $535,000 - $622,000

3 Beds
1.5 Baths
1,520 Sq Ft
$381/Sq Ft Est. Value

Last Sold September 21, 2023

Last sale price $540,000 $355 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $3,454/month

13 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Living Room
  • Douglas Elementary Rated A-
  • No HOA
  • Entrance Foyer

About This Home

As of September 2023

Introducing a prime opportunity in the hottest neighborhood within walking distance to North Hills with shops, restaurants and live entertainment. Gorgeous lot with spacious front and back yards. Updated hardwood and LVP flooring throughout home. Calling all first-time home buyers, savvy investors expanding their portfolios, and ambitious home builders seeking their next project. This property offers endless potential and is a must-see for those looking to make a strategic move in a thriving location. Easy access to I-440 Beltline. Starbucks, Wegmans, Target, Trader Joe’s nearby. Two neighborhood swim and tennis clubs (Lakemont and Quail Hollow) nearby. Eastgate Park nearby. Highly sought out neighborhood!

Last Agent to Sell the Property

Stacey Jacobs

Raleigh Custom Realty, LLC License #159084 Listed on: 08/17/2023

Co-Listed By

Summer Jacobs

Raleigh Custom Realty, LLC License #332350

Last Buyer's Agent

Angie Cole

A Cole Realty LLC License #254201

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,493

Year Built

  • Built in 1965

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 80 x 143 x 102 x 149
  • Landscaped

Parking

  • Private Driveway

Home Design

  • Bungalow
  • Brick Exterior Construction
  • Wood Siding

Interior Spaces

  • 1,520 Sq Ft Home
  • Multi-Level Property
  • Wood Burning Fireplace
  • Entrance Foyer
  • Family Room
  • Living Room
  • Combination Kitchen and Dining Room
  • Storage
  • Crawl Space

Flooring

  • Wood
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Deck

Schools

  • Douglas Elementary School
  • Carroll Middle School
  • Sanderson High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • Association fees include unknown
  • Lakemont Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,493

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Year Built: 1965
  • Prop. Type: Residential
  • Reso Association Fee Includes: Unknown
  • Co List Office Mls Id: 71708
  • Co List Office Phone: 919-847-2664
  • Subdivision Name: Lakemont
  • Above Grade Finished Sq Ft: 1520.0
  • Architectural Style: Bungalow
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Multi/Split
  • New Construction: No
  • Contract Information Ownership Type: Other
  • General Property Information Below Grade Unfinished Area: 100.0
  • General Property Information Total Unfinished Area2: 100.0
  • General Property Information Lot Size Dimensions: 80 x 143 x 102 x 149
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: Yes
  • Cooling Central Air: Yes
  • Flooring Luxury Vinyl: Yes
  • Interior Features KitchenDining Room Combination: Yes
  • Sewer:Public Sewer: Yes
  • Structure Type Site Built: Yes
  • Water Source Public: Yes
  • Flooring Hardwood: Yes
  • Room Types Bedroom 2 Level: 2
  • Room Types Bedroom 3 Level: 2
  • Room Types Dining Room2: Yes
  • Room Types Family Room2: Yes
  • Room Types Primary Bedroom Level: 2
  • Room Types Living Room2: Yes
  • Architectural Style Bungalow: Yes
  • Levels MultiSplit: Yes
  • General Property Information Above Grade Finished Area: 1520.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 13068.0
  • General Property Information Lot Size Acres: 0.3
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Flooring: Hardwood, Luxury Vinyl
  • Interior Amenities: Entrance Foyer, Kitchen/Dining Room Combination, Storage
  • Basement: Crawl Space
  • Appliances: Gas Water Heater
  • Basement YN: No
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Total Bedrooms: 7
  • Interior Features:Entrance Foyer: Yes
  • Basement:Crawl Space: Yes
  • Interior Features:Storage3: Yes
  • Appliances:Gas Water Heater: Yes
  • Fireplace Features:Wood Burning: Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Acres: 0.3
  • Construction Type: Brick, Wood Siding
  • Patio And Porch Features: Deck
  • Lot Features:Landscaped: Yes
  • Patio And Porch Features:Deck2: Yes
  • Construction Materials:Wood Siding: Yes
  • Construction Materials:Brick: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Concrete, Driveway
  • Parking Features:Concrete4: Yes
  • Parking Features:Driveway: Yes

Utilities

  • Heating: Electric, Forced Air, Natural Gas
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Electric4: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Ninth Grade High School: Wake - Sanderson
  • Middle Or Junior School: Wake - Carroll

Lot Info

  • Lot Dimensions: 80 x 143 x 102 x 149
  • Lot Size Sq Ft: 13068.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3493.0
  • Tax Year: 2023

MLS Schools

  • Elementary School: Wake - Douglas

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 17, 2023
Closed on
Sep 21, 2023
Sold by
Schrum Eric Lewis and Schrum Kristen Howard
Bought by
Sunshine Group Properties Llc
Seller's Agent
Stacey Jacobs
Raleigh Custom Realty, LLC
Buyer's Agent
Angie Cole
A Cole Realty LLC
List Price
$556,500
Sold Price
$540,000
Premium/Discount to List
-$16,500
-2.96%
Views
66
Current Estimated Value
$579,374

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,374
Avg. Annual Appreciation
3.49%

Purchase Details

Closed on
Dec 18, 2019
Sold by
Puryear Sonja Kay and Puryear Mitchell B
Bought by
Schrum Eric Lewis and Schrum Kristen Howard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$266,000
Interest Rate
3.6%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Sunshine Group Properties Llc $540,000 None Listed On Document
Schrum Eric Lewis $280,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Schrum Eric Lewis $266,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/21/2023 09/21/23 Sold $540,000 -3.0% $355 / Sq Ft
08/30/2023 08/30/23 Pending -- -- --
08/17/2023 08/17/23 For Sale $556,500 -- $366 / Sq Ft
Source: Doorify MLS

Tax History Compared to Growth

Source: Public Records

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
2025 $4,443 $507,145 $475,000 $32,145
2024 $4,425 $507,145 $475,000 $32,145
2023 $3,493 $318,634 $240,000 $78,634
2022 $3,246 $318,634 $240,000 $78,634
2021 $3,120 $318,634 $240,000 $78,634
2020 $3,064 $318,634 $240,000 $78,634
2019 $2,650 $226,924 $130,000 $96,924
2018 $2,499 $226,924 $130,000 $96,924
2017 $2,381 $226,924 $130,000 $96,924
2016 $2,332 $226,924 $130,000 $96,924
2015 -- $204,170 $120,000 $84,170
2014 -- $204,170 $120,000 $84,170
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2527505

Doorify MLS

APN: 1716.13-02-4645-000