NOT LISTED FOR SALE

Estimated Value: $721,000 - $984,726

8 Beds
8 Baths
3,990 Sq Ft
$218/Sq Ft Est. Value

Last Sold April 12, 2024

Last sale price $916,000 $230 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $5,289/month

6 Days on Market

Highlights

  • 0.44 Acre Lot
  • Fireplace in Primary Bedroom
  • Wooded Lot
  • Open Floorplan
  • Deck
  • No HOA

About This Home

As of April 2024

Investment opportunity! Location! Location! Location! This exceptional quadruplex offers the ultimate convenience with its prime location. 4 mins to CrossRoad Plaza with Target, HomeDepot, Lowe's and tons of shops & restaurants. 10 mins drive to NCSU main & Centennial campus, 14 mins to RDU Airport. All four units have 2 sizable bedrooms (1 primary with bath) & 2 full bathrooms. Open floor plan with spacious living area. In-unit laundry next to the kitchen. Three out of four units were given major makeovers in 2023. All four units have new interior paint. Unit A was fully updated with brand new SS kitchen appliances, countertop, faucet, recessed lights in kitchen & living room, low maintenance LVP throughout the entire unit, popcorn ceiling removed. Unit B has brand new carpet in living room and bedroom, new bathroom vanities & fixtures, brand new dishwasher & dryer installed in 2024. Unit D has LVP throughout and new bathroom fixtures. Shared parking lot with plenty of unassigned parking spaces. Unit A is renting for $1450 until 6/30/24. Unit B is renting for $1370 until 11/30/24. Unit C is renting for $1400 until 4/30/24. No late/missed rent history. Unit D is vacant for the new owner to move in for house hacking or to rent it out for max income. Each unit's utilities are individually metered and tenants pay for their own utilities. No HOA. Please see disclosure of a survey of fence encroachments from 5323 Wayne and other disclosure in the Listing Agent Disclosures.

Last Agent to Sell the Property

Mei Mei Wing Nei Ngai

Wing Nei Ngai, Broker License #323475 Listed on: 03/04/2024

Wing Nei Ngai, Broker

Last Buyer's Agent

Triangle Region Homes

Navigate Realty License #260780

Navigate Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,786

Year Built

  • Built in 1984 | Remodeled

Lot Details

  • 0.44 Acre Lot
  • Property fronts an easement
  • Lot Has A Rolling Slope
  • Wooded Lot

Home Design

  • Quadruplex
  • Bi-Level Home
  • Brick Veneer
  • Brick Foundation
  • Pillar, Post or Pier Foundation
  • Shingle Roof
  • Masonite

Interior Spaces

  • 3,990 Sq Ft Home
  • Open Floorplan
  • Smooth Ceilings
  • Fireplace Features Masonry
  • Electric Fireplace
  • Entrance Foyer
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • 4 Fireplaces
  • Unfinished Attic

Kitchen

  • Electric Oven
  • Free-Standing Electric Oven
  • Free-Standing Electric Range
  • Range Hood
  • Freezer
  • Dishwasher
  • Stainless Steel Appliances
  • Laminate Countertops
  • Fireplace in Kitchen

Flooring

  • Carpet
  • Luxury Vinyl Tile
  • Vinyl

Bedrooms and Bathrooms

  • 8 Bedrooms
  • Fireplace in Primary Bedroom
  • In-Law or Guest Suite
  • 8 Full Bathrooms
  • Fireplace in Bathroom
  • Bathtub with Shower

Laundry

  • Laundry in unit
  • Stacked Washer and Dryer

Parking

  • Direct Access Garage
  • No Garage
  • Paved Parking
  • Guest Parking
  • Additional Parking
  • 4 Open Parking Spaces
  • Parking Lot
  • Outside Parking
  • Off-Street Parking
  • Unassigned Parking

Outdoor Features

  • Deck
  • Outdoor Storage
  • Rain Gutters

Schools

  • Dillard Elementary And Middle School
  • Athens Dr High School

Utilities

  • Multiple cooling system units
  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Natural Gas Not Available
  • Electric Water Heater
  • No Septic System

Listing and Financial Details

  • Tenant pays for all utilities, electricity, hot water, sewer, telephone, trash collection, water
  • The owner pays for exterior maintenance, grounds care, HVAC maintenance, insurance, repairs, taxes
  • Assessor Parcel Number 0783116867

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Wayneridge Subdivision

Building Details

  • 3 Leased Units
  • 1 Vacant Unit

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,786

Year Built

Built in 1984 | Remodeled

Lot Details

0

Listing Details

  • Year Built: 1984
  • Prop. Type: Residential Income
  • Road Frontage Type: City Street, Easement
  • Road Surface Type: Paved
  • Subdivision Name: Wayneridge
  • Above Grade Finished Sq Ft: 3990.0
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Bi-Level
  • New Construction: No
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: Yes
  • Cooling Central Air: Yes
  • Flooring Luxury Vinyl: Yes
  • Interior Features BathtubShower Combination: Yes
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • Flooring Carpet: Yes
  • Interior Features Smooth Ceilings: Yes
  • Flooring Vinyl: Yes
  • Interior Features LivingDining Room Combination: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • General Property Information Senior Community YN: No
  • Interior Features ApartmentSuite: Yes
  • Foundation Details BrickMortar: Yes
  • Attic Features Unfinished2: Yes
  • Utilities Electricity Available: Yes
  • Roof:Shingle: Yes
  • Utilities Water Connected: Yes
  • General Property Information Spa YN: No
  • Contract Information Lease Term: 12 Months
  • General Property Information Above Grade Finished Area: 3990.0
  • General Property Information Carport YN: No
  • Laundry Features Washer Hookup: Yes
  • Utilities Electricity Connected: Yes
  • Utilities Sewer Connected: Yes
  • Laundry Features Inside: Yes
  • Property Condition UpdatedRemodeled: Yes
  • Utilities Natural Gas Not Available: Yes
  • Utilities Septic Not Available: Yes
  • Road Frontage Type Easement: Yes
  • Structure Type Multi Family: Yes
  • Foundation Details PillarPostPier: Yes
  • General Property Information Number Of Units Total3: 4.0
  • General Property Information Lot Size Square Feet2: 19166.0
  • General Property Information Number Of Buildings2: 1.0
  • Levels Bi-Level: Yes
  • General Property Information Lot Size Acres: 0.44
  • Cooling Multi Units: Yes
  • Structure Type Quadruplex: Yes
  • General Property Information Waterfront YN: No
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Combination, Luxury Vinyl, Vinyl
  • Interior Amenities: Apartment/Suite, Bathtub/Shower Combination, Entrance Foyer, Laminate Counters, Living/Dining Room Combination, Open Floorplan, Smooth Ceilings
  • Spa Features: None
  • Private Spa: No
  • Appliances: Dishwasher, Electric Cooktop, Electric Water Heater, Exhaust Fan, Free-Standing Electric Oven, Free-Standing Electric Range, Free-Standing Refrigerator, Freezer, Range Hood, Stainless Steel Appliance(s), Washer/Dryer, Washer/Dryer Stacked
  • Basement YN: No
  • Full Bathrooms: 8
  • Total Bedrooms: 8
  • Fireplace Features: Bath, Bedroom, Dining Room, Electric, Kitchen, Living Room, Masonry, Primary Bedroom
  • Fireplaces: 4
  • Appliances Dishwasher: Yes
  • Appliances:Range Hood: Yes
  • Interior Features:Entrance Foyer: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Cooktop: Yes
  • Fireplace Features:Masonry: Yes
  • Fireplace Features:Living Room: Yes
  • Appliances:WasherDryer Stacked: Yes
  • Fireplace Features:Primary Bedroom: Yes
  • Appliances:Stainless Steel Appliance(s): Yes
  • Fireplace Features:Bedroom: Yes
  • Fireplace Features:Fireplaces Total: 4
  • Appliances:Free-Standing Electric Range: Yes
  • Appliances:Free-Standing Refrigerator: Yes
  • Appliances:Freezer: Yes
  • Appliances:WasherDryer: Yes
  • Interior Features:Open Floorplan: Yes
  • Appliances:Exhaust Fan: Yes
  • Laundry Features:In Unit: Yes
  • Fireplace Features:Electric2: Yes
  • Appliances:Free-Standing Electric Oven: Yes
  • Interior Features:Laminate Counters: Yes
  • Fireplace Features:Dining Room: Yes
  • Fireplace Features:Bath: Yes
  • Fireplace Features:Kitchen: Yes

Exterior Features

  • Roof: Shingle
  • Exterior Features: Rain Gutters, Storage
  • Fencing: None
  • Acres: 0.44
  • Waterfront: No
  • Disclosures: Seller Disclosure
  • Home Warranty: No
  • Construction Type: Brick Veneer, Masonite
  • Foundation Details: Brick/Mortar, Pillar/Post/Pier
  • Patio And Porch Features: Deck
  • Exterior Features:Rain Gutters: Yes
  • Lot Features:Wooded: Yes
  • Patio And Porch Features:Deck2: Yes
  • Construction Materials:Brick Veneer: Yes
  • Construction Materials:Masonite: Yes
  • Lot Features:Rolling Slope: Yes
  • Exterior Features:Storage2: Yes

Garage/Parking

  • Attached Garage: No
  • Open Parking Spaces: 4.0
  • Open Parking: Yes
  • Parking Features: Additional Parking, Direct Access, Guest, No Garage, Off Street, On Site, Open, Outside, Parking Lot, Paved, Unassigned
  • Parking Features:Parking Lot: Yes
  • Parking Features:Additional Parking: Yes
  • Parking Features:Unassigned: Yes
  • Parking Features:Guest: Yes
  • Parking Features:Outside3: Yes
  • Parking Features:Paved2: Yes
  • Parking Features:No Garage: Yes
  • Parking Features:Off Street: Yes
  • Parking Features:Direct Access: Yes
  • Parking Features:On Site: Yes
  • Parking Features:Open: Yes
  • General Property Information:Open Parking YN2: Yes
  • General Property Information:Open Parking Spaces2: 4.0

Utilities

  • Utilities: Electricity Available, Electricity Connected, Natural Gas Not Available, Septic Not Available, Sewer Connected, Water Connected
  • Heating: Forced Air, Heat Pump
  • Cooling: Central Air, Multi Units
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Forced Air: Yes
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

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

Lot Info

  • Zoning: R-10
  • Lot Size Sq Ft: 19166.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 0783116867

Rental Info

  • Tenant Pays: All Utilities, Electricity, Hot Water, Sewer, Telephone, Trash Collection, Water
  • Lease Term: 12 Months
  • Owner Pays: Exterior Maintenance, Grounds Care, HVAC Maintenance, Insurance, Repairs, Taxes

Tax Info

  • Tax Annual Amount: 3786.1
  • Tax Year: 2023

Multi Family

  • Number Of Units Total: 4
  • Number Of Units Leased: 3
  • Number of Month to Month Units: 11
  • Number Of Units Vacant: 1

MLS Schools

  • Elementary School: Wake - Dillard

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2024
Closed on
Apr 4, 2024
Sold by
Scjennc Properties Llc
Bought by
Gibson Richard and Markhard Laurie
Seller's Agent
Mei Mei Wing Nei Ngai
Wing Nei Ngai, Broker
Buyer's Agent
Triangle Region Homes
Navigate Realty
List Price
$900,000
Sold Price
$916,000
Premium/Discount to List
$16,000
1.78%
Views
59
Current Estimated Value
$869,682

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$46,318
Avg. Annual Appreciation
-3.83%
Original Mortgage
$611,840
Outstanding Balance
$605,009
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$264,673

Purchase Details

Closed on
Feb 22, 2023
Sold by
Lee Samuel and Lee Cissy
Bought by
Scjennc Properties Llc

Purchase Details

Listed on
Apr 11, 2022
Closed on
May 26, 2022
Sold by
Jared Stein
Bought by
Lee Samuel and Wan Cissy
Seller's Agent
Lisa Dismore
Porter Group Real Estate
Buyer's Agent
Mei Mei Wing Nei Ngai
Wing Nei Ngai, Broker
List Price
$799,000
Sold Price
$805,000
Premium/Discount to List
$6,000
0.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.45%
Original Mortgage
$581,250
Interest Rate
5.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 8, 2015
Sold by
White David B and Crooker White Nancy
Bought by
Stein Jared and Trubiano Paolo B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
4.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 26, 2012
Sold by
White David H and Crooker-White Nancy
Bought by
White David B and Crooker-White Nancy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,500
Interest Rate
3.36%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 19, 2004
Sold by
White David B and Crooker White Nancy
Bought by
White David B and Crooker White Nancy

Purchase Details

Closed on
Oct 29, 2003
Sold by
Seelig James C and Seelig Lucy F
Bought by
White David B and Crooker White Nancy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,000
Interest Rate
6.03%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 30, 2000
Sold by
Lewis Stephen J and Lewis Erika H
Bought by
Seelig James Craig and Seelig Lucy F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Interest Rate
8.63%

Purchase Details

Closed on
May 18, 1999
Sold by
Cox David W and Cox Fredrika V
Bought by
Lewis Stephen J and Lewis Erika B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,000
Interest Rate
6.87%
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
Gibson Richard $916,000 None Listed On Document
Scjennc Properties Llc -- --
Lee Samuel $805,000 None Listed On Document
Stein Jared $280,000 Attorney
White David B -- None Available
White David B -- --
White David B $280,000 --
Seelig James Craig $260,000 --
Lewis Stephen J $247,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gibson Richard $611,840
Previous Owner Lee Samuel $581,250
Previous Owner Stein Jared $210,000
Previous Owner White David B $196,500
Previous Owner White David B $224,000
Previous Owner Seelig James C $201,000
Previous Owner Seelig James C $30,000
Previous Owner Seelig James C $209,000
Previous Owner Seelig James Craig $208,000
Previous Owner Lewis Stephen J $198,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/12/2024 04/12/24 Sold $916,000 +1.8% $230 / Sq Ft
03/11/2024 03/11/24 Pending -- -- --
03/04/2024 03/04/24 For Sale $900,000 +11.8% $226 / Sq Ft
12/14/2023 12/14/23 Off Market $805,000 -- --
06/02/2022 06/02/22 Sold $805,000 +0.8% $203 / Sq Ft
05/01/2022 05/01/22 Pending -- -- --
04/26/2022 04/26/22 For Sale $799,000 0.0% $201 / Sq Ft
04/19/2022 04/19/22 Pending -- -- --
04/15/2022 04/15/22 For Sale $799,000 -- $201 / 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 $6,334 $720,118 $180,000 $540,118
2023 $3,701 $332,201 $60,000 $272,201
2022 $3,444 $332,201 $60,000 $272,201
2021 $3,312 $332,201 $60,000 $272,201
2020 $3,253 $332,201 $60,000 $272,201
2019 $3,355 $282,621 $60,000 $222,621
2018 $3,168 $282,621 $60,000 $222,621
2017 $3,020 $282,621 $60,000 $222,621
2016 $2,959 $282,621 $60,000 $222,621
2015 -- $274,641 $60,000 $214,641
2014 $2,776 $274,641 $60,000 $214,641
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 10014991

Doorify MLS

APN: 0783.17-11-6867-000