NOT LISTED FOR SALE

5200 Olive Rd Raleigh, NC 27606

South Raleigh Neighborhood

Estimated Value: $411,000 - $477,000

1 Bed
1 Bath
2,194 Sq Ft
$206/Sq Ft Est. Value

Last Sold February 01, 2022

Last sale price $403,500 $184 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $2,630/month

Highlights

  • Deck
  • No HOA
  • Living Room
  • Wood Flooring
  • Home Office
  • Laundry Room

About This Home

As of January 2024

Conveniently located 3 miles from NCSU main campus, This fully furnished room rental includes all utilities and maid service to clean common areas included in the rent! Each bedroom has its own door lock for added security. The suite offers 4 bedrooms with shared living area on 2 levels, outdoor living space, kitchen and laundry. 2 rooms are currently inhabited by male tenants with the 2 additional rooms available. No smoking. No pets. Rooms for one person occupancy only.

Last Agent to Rent the Property

Kelly Lutchman

Allen Tate / Durham License #319824 Listed on: 12/07/2023

Allen Tate / Durham

Last Renter's Agent

Kelly Lutchman

RE/MAX One Hundred

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1970

Lot Details

  • 0.47

Parking

  • Private Driveway

Interior Spaces

  • 2,194 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Home Office
  • Wood Flooring
  • Laundry in Basement
  • Laundry Room

Kitchen

  • Range
  • Microwave

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Schools

  • Dillard Elementary School

Additional Features

  • Deck
  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • Lakeside Subdivision

Listing and Financial Details

  • Property Available on 12/12/23
  • The owner pays for cable TV, electricity, gas, hot water, sewer, trash collection, water
  • 12 Month Lease Term

Home Details

Home Type

Single Family

Year Built

Built in 1970

Lot Details

0.47 Acres

Rental Info

  • Lease Term: 12 Months
  • Owner Pays: Cable TV, Electricity, Gas, Hot Water, Sewer, Trash Collection, Water, Other
  • Available Date: 2023-12-12

Listing Details

  • Year Built: 1970
  • Prop. Type: Residential Lease
  • Subdivision Name: Lakeside
  • Above Grade Finished Sq Ft: 2194.0
  • Unit Levels: Two
  • Appliances Microwave: Yes
  • Cooling Central Air: Yes
  • Levels Two: Yes
  • Room Types Office: Yes
  • Appliances Refrigerators: Yes
  • Room Types Living Room2: Yes
  • Flooring Wood: Yes
  • Laundry Features In Basement: Yes
  • Contract Information Lease Term: 12 Months
  • Contract Information Availability Date: 2023-12-12
  • General Property Information Above Grade Finished Area: 2194.0
  • Room Types Laundry2: Yes
  • Owner Pays:Sewer2: Yes
  • Pets Allowed No2: Yes
  • General Property Information:Living Area3: 2194.0
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Wood
  • Appliances: Microwave, Range, Refrigerator
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Appliances Range: Yes

Exterior Features

  • Patio And Porch Features: Deck
  • Patio And Porch Features:Deck2: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Driveway
  • Parking Features:Driveway: Yes

Utilities

  • Heating: Forced Air
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • HOA Rent Includes: Cable TV, Electricity, Gas, Internet, Sewer, Trash Collection, Water, Other
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

MLS Schools

  • Elementary School: Wake - Dillard

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 1, 2021
Closed on
Jan 31, 2022
Sold by
John Powers Anthony and Lynn Heather
Bought by
Bryan Stanley and Bryan Marisa
Seller's Agent
Teri Wray
Coldwell Banker HPW
Buyer's Agent
Nevin Whitehead
DASH Carolina
List Price
$420,000
Sold Price
$403,500
Premium/Discount to List
-$16,500
-3.93%
Current Estimated Value
$453,009

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,509
Avg. Annual Appreciation
2.84%
Original Mortgage
$383,325
Interest Rate
3.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 4, 2018
Sold by
Powers Heather Lynn and Powers Anthony John
Bought by
Powers Heather Lynn and Powers Anthony John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$201,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 11, 2014
Sold by
Mcdade Walter Kerry
Bought by
Labree Heather Lynn and Powers Anthony John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$181,649
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 26, 1999
Sold by
Jones Marjorie Ward and Ward Gregory Allen
Bought by
Mcdade Walter Kerry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,750
Interest Rate
6.84%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Bryan Stanley $403,500 None Listed On Document
Powers Heather Lynn -- None Available
Labree Heather Lynn $185,000 None Available
Mcdade Walter Kerry $145,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Bryan Stanley $383,325
Previous Owner Powers Heather Lynn $201,000
Previous Owner Labree Heather Lynn $181,649
Previous Owner Mcdade Walter Kerry $137,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/05/2024 01/05/24 Rented $850 0.0% --
12/15/2023 12/15/23 Off Market $403,500 -- --
12/07/2023 12/07/23 For Rent $850 0.0% --
02/01/2022 02/01/22 Sold $403,500 -2.8% $184 / Sq Ft View Prior Sale
12/27/2021 12/27/21 Pending -- -- --
12/22/2021 12/22/21 Price Changed $415,000 -1.2% $189 / Sq Ft
12/10/2021 12/10/21 For Sale $420,000 -- $191 / Sq Ft
Source: Doorify MLS

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 $2,510 $389,328 $160,000 $229,328
2024 $2,438 $389,328 $160,000 $229,328
2023 $1,746 $221,354 $75,000 $146,354
2022 $1,619 $221,354 $75,000 $146,354
2021 $1,575 $221,354 $75,000 $146,354
2020 $1,550 $221,354 $75,000 $146,354
2019 $1,599 $193,364 $70,000 $123,364
2018 $1,471 $193,364 $70,000 $123,364
2017 $1,395 $193,364 $70,000 $123,364
2016 $1,367 $193,364 $70,000 $123,364
2015 $1,411 $200,237 $68,000 $132,237
2014 $1,338 $200,237 $68,000 $132,237
Source: Public Records

Agents Affiliated with this Home

  • K

    Landlord's Agent in 2024

    Kelly Lutchman

    Allen Tate / Durham

    Section Image

  • T

    Seller's Agent in 2022

    Teri Wray

    Coldwell Banker HPW

    Section Image
  • Nevin Whitehead

    Buyer's Agent in 2022

    Nevin Whitehead

    DASH Carolina

    (919) 451-2827

    1 in this area

    69 Total Sales

    Nevin Whitehead
    Section Image
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Map

Source: Doorify MLS

MLS Number: 10001326

Doorify MLS

APN: 0783.18-20-6264-000

North Carolina Wake County Raleigh 27606 South Raleigh

5200 Olive Rd, Raleigh, NC

Not Listed for Sale

Detached

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