NOT LISTED FOR SALE

507 Oak Run Dr Raleigh, NC 27606

Cary Towne Center Neighborhood

Estimated Value: $251,000 - $282,883

3 Beds
2 Baths
1,400 Sq Ft
$192/Sq Ft Est. Value

Last Sold July 07, 2021

Last sale price $204,000 $146 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $1,820/month

2 Days on Market

Highlights

  • Traditional Architecture
  • Bamboo Flooring
  • Screened Porch
  • Reedy Creek Magnet Middle School Rated A
  • Main Floor Primary Bedroom
  • Breakfast Room

About This Home

As of July 2021

Offer accepted. Waiting on final docs. 3 bed / 2 bath home in popular Oak Run! One main floor bedroom and two bedrooms upstairs. Spacious kitchen with tons of storage and counter space. Large screened porch. Polybutylene removed by previous seller. Great location near NCSU, Raleigh & Cary. Come see you next home today.

Last Agent to Sell the Property

Cindy Bright

My Dog Tess, Inc. License #219835 Listed on: 06/04/2021

Last Buyer's Agent

Krystal Kramer

Better Homes & Gardens Real Es License #316272

Better Homes & Gardens Real Es

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,363

Year Built

  • Built in 1987

Lot Details

  • 1,307 Sq Ft Lot
  • Lot Dimensions are 22x70

HOA Fees

  • $180 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Masonite

Interior Spaces

  • 1,400 Sq Ft Home
  • 2-Story Property
  • Entrance Foyer
  • Family Room with Fireplace
  • Breakfast Room
  • Screened Porch
  • Crawl Space
  • Eat-In Kitchen
  • Laundry on main level

Flooring

  • Bamboo
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Parking

  • Parking Lot
  • Assigned Parking

Schools

  • Reedy Creek Elementary And Middle School
  • Athens Dr High School

Utilities

  • Central Air
  • Heat Pump System
  • Gas Water Heater

Community Details

  • Association fees include ground maintenance, maintenance structure, road maintenance, storm water maintenance
  • Association Phone (910) 295-3791
  • Oak Run Townhomes Subdivision

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,363

Year Built

Built in 1987

Lot Details

0

HOA Fees

$180 per month

Listing Details

  • Year Built: 1987
  • Prop. Type: Residential
  • Reso Association Fee Includes: Maintenance Grounds, Maintenance Structure, Road Maintenance, Storm Water Maintenance
  • Subdivision Name: Oak Run Townhomes
  • Above Grade Finished Sq Ft: 1400.0
  • Architectural Style: Traditional
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Contract Information Ownership Type: Townhouse
  • General Property Information Lot Size Dimensions: 22x70
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: Yes
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Laundry Features Main Level: Yes
  • Sewer:Public Sewer: Yes
  • Structure Type Site Built: Yes
  • Water Source Public: Yes
  • Flooring Carpet: Yes
  • Levels Two: Yes
  • Room Types Bedroom 2 Level: 2
  • Room Types Bedroom 3 Level: 2
  • Room Types Family Room2: Yes
  • Architectural Style Traditional: Yes
  • Room Types Primary Bedroom Level: M
  • Flooring Vinyl: Yes
  • Room Types Breakfast Room: Yes
  • General Property Information Association Phone: 910-295-3791
  • Laundry Features Laundry Closet: Yes
  • Flooring Bamboo: Yes
  • General Property Information Above Grade Finished Area: 1400.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 1306.8
  • General Property Information Lot Size Acres: 0.03
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Flooring: Bamboo, Carpet, Tile, Vinyl
  • Interior Amenities: Eat-in Kitchen, Entrance Foyer, Primary Downstairs
  • Basement: Crawl Space
  • Appliances: Gas Water Heater
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Family Room
  • Fireplaces: 1
  • Total Bedrooms: 6
  • Interior Features:Entrance Foyer: Yes
  • Interior Features:Primary Downstairs: Yes
  • Basement:Crawl Space: Yes
  • Fireplace Features:Family Room: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Appliances:Gas Water Heater: Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Acres: 0.03
  • Construction Type: Masonite
  • Patio And Porch Features: Porch, Screened
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Screened: Yes
  • Construction Materials:Masonite: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Assigned, Parking Lot
  • Parking Features:Assigned: Yes
  • Parking Features:Parking Lot: Yes

Utilities

  • Heating: Electric, Heat Pump
  • Cooling: Central Air, Heat Pump
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Electric4: Yes
  • Heating:Heat Pump2: Yes
  • HeatingCooling:Heat Pump: Yes

Condo/Co-op/Association

  • Association Fee: 180.0
  • Association Fee Frequency: Monthly
  • Phone: 910-295-3791
  • Association: Yes

Association/Amenities

  • Association Fee Includes:Maintenance Grounds2: Yes
  • Association Fee Includes:Maintenance Structure2: Yes
  • General Property Information:Association Fee: 180.0
  • General Property Information:Association Fee Frequency: Monthly

Schools

  • Ninth Grade High School: Wake - Athens Dr
  • Middle Or Junior School: Wake - Reedy Creek

Lot Info

  • Lot Dimensions: 22x70
  • Lot Size Sq Ft: 1306.8
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1363.0
  • Tax Year: 2020

MLS Schools

  • Elementary School: Wake - Reedy Creek

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 4, 2021
Closed on
Jul 2, 2021
Sold by
Hedgepeth Kelly Lane
Bought by
Murer Michelle Marie and Murer Michelle M
Seller's Agent
Cindy Bright
My Dog Tess, Inc.
Buyer's Agent
Krystal Kramer
Better Homes & Gardens Real Es
List Price
$194,900
Sold Price
$204,000
Premium/Discount to List
$9,100
4.67%
Current Estimated Value
$268,971

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,971
Avg. Annual Appreciation
7.00%
Original Mortgage
$197,880
Outstanding Balance
$181,480
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$88,516

Purchase Details

Closed on
Oct 30, 2015
Sold by
Bowman Rebecca A
Bought by
Hedgepeth Kelly Lane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,790
Interest Rate
3.89%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 31, 1993
Bought by
Bowman Rebecca A
Source: Public Records

Range of Values:

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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
Murer Michelle Marie $204,000 None Available
Hedgepeth Kelly Lane $122,000 Attorney
Bowman Rebecca A $72,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Murer Michelle Marie $197,880
Previous Owner Hedgepeth Kelly Lane $119,790
Previous Owner Bowman Rebecca A $94,950
Previous Owner Bowman Rebecca A $20,000
Previous Owner Bowman Rebecca A $79,000
Previous Owner Bowman Rebecca A $15,650
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2023 12/15/23 Off Market $204,000 -- --
07/07/2021 07/07/21 Sold $204,000 +4.7% $146 / Sq Ft
06/06/2021 06/06/21 Pending -- -- --
06/04/2021 06/04/21 For Sale $194,900 -- $139 / 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
2024 $2,097 $239,108 $55,000 $184,108
2023 $1,553 $140,623 $34,000 $106,623
2022 $1,444 $140,623 $34,000 $106,623
2021 $1,388 $140,623 $34,000 $106,623
2020 $1,363 $140,623 $34,000 $106,623
2019 $1,361 $115,727 $33,000 $82,727
2018 $1,284 $115,727 $33,000 $82,727
2017 $1,224 $115,727 $33,000 $82,727
2016 $1,199 $115,727 $33,000 $82,727
2015 $1,180 $112,045 $31,000 $81,045
2014 $1,120 $112,045 $31,000 $81,045
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2021

    Cindy Bright

    My Dog Tess, Inc.

    (919) 215-0072

    1 in this area

    80 Total Sales

    Cindy Bright
    Section Image
  • Krystal Kramer

    Buyer's Agent in 2021

    Krystal Kramer

    Better Homes & Gardens Real Es

    (919) 539-5376

    1 in this area

    41 Total Sales

    Krystal Kramer
    Section Image
See All Agents

Map

Source: Doorify MLS

MLS Number: 2388002

Doorify MLS

APN: 0773.08-88-8989-000

North Carolina Wake County Raleigh 27606 Cary Towne Center

507 Oak Run Dr, Raleigh, NC

This home is located at 507 Oak Run Dr, Raleigh, NC 27606 since 04 June 2021 and is currently estimated at $268,971, approximately $192 per square foot. This property was built in 1987. 507 Oak Run Dr is a home located in Wake County with nearby schools including Reedy Creek Elementary School, Reedy Creek Magnet Middle School, and GRACE Christian School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Doorify MLS 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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