NOT LISTED FOR SALE

5329 Wayne St Raleigh, NC 27606

Crossroads Neighborhood

Estimated Value: $687,000 - $911,024

-- Bed
3 Baths
3,968 Sq Ft
$196/Sq Ft Est. Value

Last Sold August 12, 2022

Last sale price $855,000 $215 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $4,874/month

4 Days on Market

Highlights

  • Fireplace
  • Central Air
  • Heating Available
  • Ceramic Tile Flooring

About This Home

As of August 2022

Investor alert! Hard to find Quad near NCSU and inside Raleigh Beltline (I-40,I-440) All 4 units have 2 bedrooms, 2 full baths, spacious living room with fireplace. Vinyl Plank in the bedroom, Kitchen and living room and tiles in bathrooms. Hallway laundry closet with Washer/Dryer Hookups. Large storage closet on front deck. Fully rented before with history of long term tenants. Convenient to I-40,I-440, shopping, restaurants, downtown Raleigh, RDU.

Last Agent to Sell the Property

Binny Joseph

Binny Realty Inc. License #258399 Listed on: 07/15/2022

Last Buyer's Agent

John O'Neal

O'Neal & Company License #183956

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,683

Year Built

  • Built in 1984

Lot Details

  • 0.44

Parking

  • Off-Street Parking

Home Design

  • Masonite

Interior Spaces

  • Fireplace
  • Crawl Space

Flooring

  • Ceramic Tile
  • Luxury Vinyl Tile

Schools

  • Dillard Elementary And Middle School
  • Athens Dr High School

Utilities

  • Central Air
  • Heating Available

Community Details

  • 4 Units
  • Wayneridge Subdivision

Listing and Financial Details

  • The owner pays for sewer, water
  • 3 Month Lease Term

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,683

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Year Built: 1984
  • Prop. Type: Residential Income
  • Subdivision Name: Wayneridge
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • General Property Information Fireplace YN: Yes
  • Cooling Central Air: Yes
  • Flooring Luxury Vinyl: Yes
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • Flooring Ceramic Tile: Yes
  • Contract Information Lease Term: 3 To 6 Months
  • General Property Information Carport YN: No
  • General Property Information Number Of Units Total3: 4.0
  • Owner Pays:Sewer2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile, Luxury Vinyl
  • Basement: Crawl Space
  • Basement:Crawl Space: Yes

Exterior Features

  • Construction Type: Masonite
  • Construction Materials:Masonite: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Off Street
  • Parking Features:Off Street: Yes

Utilities

  • Heating: Electric
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Electric4: Yes

Schools

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

Rental Info

  • Lease Term: 3 To 6 Months
  • Owner Pays: Sewer, Water

Tax Info

  • Tax Annual Amount: 3683.0
  • Tax Year: 2022

Multi Family

  • Number Of Units Total: 4

MLS Schools

  • Elementary School: Wake - Dillard

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2022
Closed on
Aug 12, 2022
Sold by
Joice Kurian Bincy and Joice J
Bought by
Raleigh Housing Fund Inc
Seller's Agent
Binny Joseph
Binny Realty Inc.
Buyer's Agent
John O'Neal
O'Neal & Company
List Price
$849,000
Sold Price
$855,000
Premium/Discount to List
$6,000
0.71%
Total Days on Market
4
Current Estimated Value
$778,006

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$76,994
Avg. Annual Appreciation
-3.26%

Purchase Details

Closed on
Feb 1, 2018
Sold by
5329 Wayne St Llc
Bought by
Kurian Bincy Joice and Kurian Joice

Purchase Details

Closed on
Apr 28, 2014
Sold by
Kurian Joice and Kurian Bincy
Bought by
5329 Wayne St Llc

Purchase Details

Closed on
Oct 23, 2013
Sold by
Nationstar Mortgage Llc
Bought by
Kurian Joice

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,375
Interest Rate
4.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 14, 2013
Sold by
Johnson Morgan L and Johnson Inneke
Bought by
Nationstar Mortgage Llc

Purchase Details

Closed on
Sep 30, 2005
Sold by
Maduabuchukwu Boniface and Maduabuchukwu Chika
Bought by
Johnson Morgan L and Johnson Inneke M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,200
Interest Rate
5.66%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 4, 1999
Sold by
Kidd John E and Kidd Elizabeth
Bought by
Maduabuchukwu Boniface and Maduabuchukwu Chika

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
6.98%
Source: Public Records

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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
Raleigh Housing Fund Inc $855,000 None Listed On Document
Kurian Bincy Joice -- None Available
5329 Wayne St Llc -- None Available
Kurian Joice $220,500 None Available
Kurian Joice $220,500 None Available
Nationstar Mortgage Llc $265,339 None Available
Johnson Morgan L $284,000 None Available
Maduabuchukwu Boniface $247,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kurian Joice $165,375
Previous Owner Johnson Morgan L $227,200
Previous Owner Johnson Morgan L $56,800
Previous Owner Maduabuchukwu Boniface $194,200
Previous Owner Maduabuchukwu Boniface $198,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/12/2022 08/12/22 Sold $855,000 +0.7% $215 / Sq Ft
07/19/2022 07/19/22 Pending -- -- --
07/15/2022 07/15/22 For Sale $849,000 -- $214 / 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 $3,959 $355,871 $60,000 $295,871
2022 $3,683 $355,871 $60,000 $295,871
2021 $3,543 $355,871 $60,000 $295,871
2020 $3,479 $355,871 $60,000 $295,871
2019 $3,530 $297,662 $60,000 $237,662
2018 $3,332 $297,662 $60,000 $237,662
2017 $3,177 $297,662 $60,000 $237,662
2016 $3,113 $297,662 $60,000 $237,662
2015 $2,924 $274,641 $60,000 $214,641
2014 $2,776 $274,641 $60,000 $214,641
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2022

    Binny Joseph

    Binny Realty Inc.

    (919) 636-1582

    1 in this area

    137 Total Sales

    Binny Joseph
    Section Image
  • John O'Neal

    Buyer's Agent in 2022

    John O'Neal

    O'Neal & Company

    (919) 559-7337

    1 in this area

    45 Total Sales

    John O'Neal
    Section Image
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Map

Source: Doorify MLS

MLS Number: 2462468

Doorify MLS

APN: 0783.17-11-8816-000

North Carolina Wake County Raleigh 27606 Crossroads

5329 Wayne St, Raleigh, NC

This home is located at 5329 Wayne St, Raleigh, NC 27606 since 15 July 2022 and is currently estimated at $778,006, approximately $196 per square foot. This property was built in 1984. 5329 Wayne St is a home located in Wake County with nearby schools including Dillard Drive Magnet Elementary School, Dillard Drive Magnet Middle School, and Adventist Christian Academy of Raleigh.

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.

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