NOT LISTED FOR SALE

5508 Hickory Ln Raleigh, NC 27603

Estimated Value: $307,000 - $353,327

3 Beds
2 Baths
1,686 Sq Ft
$197/Sq Ft Est. Value

Last Sold February 23, 2022

Last sale price $275,000 $163 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $1,972/month

2 Days on Market

Highlights

  • 0.47 Acre Lot
  • Wood Flooring
  • No HOA
  • Ranch Style House
  • 1 Fireplace
  • Brick Veneer

About This Home

As of February 2022

*HIGHEST & BEST DEADLINE 2/6 by 7PM* Joanna & Chip would love this fixer upper with all it's potential. It's an absolute visionaries dream, so if you're looking for a home to renovate then this ones for you! Close to White Oak Shopping. Very large secluded lot. Detached double garage, lots of brick work, inground pool with patio surround. Roof was replaced in 2010.

Last Agent to Sell the Property

Tricia Hill

Fathom Realty NC License #212776 Listed on: 02/03/2022

Fathom Realty NC

Last Buyer's Agent

Rod Al-Haddad

Best Investment Realty License #272954

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,299

Year Built

  • Built in 1968

Lot Details

  • 0.47

Parking

  • 2 Car Garage
  • Gravel Driveway

Home Design

  • Ranch Style House
  • Brick Veneer

Interior Spaces

  • 1,686 Sq Ft Home
  • 1 Fireplace
  • Family Room
  • Living Room
  • Utility Room

Flooring

  • Wood
  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

  • Smith Elementary School
  • North Garner Middle School
  • Garner High School

Utilities

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

Additional Features

  • Patio
  • 0.47 Acre Lot

Community Details

  • No Home Owners Association
  • Echo Heights Subdivision

Listing and Financial Details

  • Property held in a trust

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,299

Year Built

Built in 1968

Lot Details

0

Parking

2

Listing Details

  • Year Built: 1968
  • Prop. Type: Residential
  • Subdivision Name: Echo Heights
  • Above Grade Finished Sq Ft: 1686.0
  • Architectural Style: Ranch
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Contract Information Ownership Type: Other
  • General Property Information Lot Size Dimensions: see survey
  • General Property Information Association Fee Required YN: No
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: Yes
  • Architectural Style Ranch: Yes
  • Cooling Central Air: Yes
  • Levels One: Yes
  • Structure Type Site Built: Yes
  • Flooring Carpet: Yes
  • Room Types Bedroom 2 Level: M
  • Room Types Bedroom 3 Level: M
  • Room Types Family Room2: Yes
  • Room Types Primary Bedroom Level: M
  • Flooring Vinyl: Yes
  • Room Types Utility Room: Yes
  • Room Types Living Room2: Yes
  • Flooring Wood: Yes
  • Flooring Laminate: Yes
  • General Property Information Above Grade Finished Area: 1686.0
  • General Property Information Carport YN: No
  • Special Listing Conditions Trust: Yes
  • General Property Information Lot Size Square Feet2: 20473.2
  • General Property Information Lot Size Acres: 0.47
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Combination, Laminate, Vinyl, Wood
  • Appliances: Gas Water Heater
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Total Bedrooms: 6
  • Appliances:Gas Water Heater: Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Acres: 0.47
  • Construction Type: Brick Veneer
  • Patio And Porch Features: Patio
  • Patio And Porch Features:Patio: Yes
  • Construction Materials:Brick Veneer: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Driveway, Garage, Gravel
  • Parking Features:Garage: Yes
  • Parking Features:Driveway: Yes
  • Parking Features:Gravel: Yes
  • General Property Information:Garage Spaces: 2.0

Utilities

  • Heating: Electric, Forced Air, Propane
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Electric4: Yes
  • Heating:Forced Air: Yes
  • Heating:Propane2: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Ninth Grade High School: Wake - Garner
  • Middle Or Junior School: Wake - North Garner

Lot Info

  • Lot Dimensions: see survey
  • Lot Size Sq Ft: 20473.2
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1299.0
  • Tax Year: 2021

MLS Schools

  • Elementary School: Wake - Smith

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 25, 2024
Sold by
T & T Boys Inc
Bought by
Hawad Hussein Ghassan
Current Estimated Value
$332,332

Purchase Details

Closed on
Sep 29, 2022
Sold by
Best Investment Realty Llc
Bought by
Hawad Hussein Ghassan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,000
Interest Rate
5.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 22, 2003
Sold by
Moore Danny Lee and Moore Freida J
Bought by
Treadway Keith E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,000
Interest Rate
10.25%
Mortgage Type
Purchase Money Mortgage
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
Hawad Hussein Ghassan -- None Listed On Document
Hawad Hussein Ghassan $320,000 None Listed On Document
Treadway Keith E $130,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hawad Hussein Ghassan $304,000
Previous Owner Tredaway Keith E $113,550
Previous Owner Treadway Keith E $123,750
Previous Owner Treadway Keith E $120,000
Previous Owner Treadway Keith E $104,000
Previous Owner Faith Tabernacle Ministry $130,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2023 12/15/23 Off Market $275,000 -- --
02/23/2022 02/23/22 Sold $275,000 +10.4% $163 / Sq Ft
02/07/2022 02/07/22 Pending -- -- --
02/05/2022 02/05/22 For Sale $249,000 -- $148 / 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 $1,980 $315,603 $90,000 $225,603
2023 $1,544 $195,443 $49,500 $145,943
2022 $1,335 $182,056 $49,500 $132,556
2021 $1,299 $182,056 $49,500 $132,556
2020 $1,278 $182,056 $49,500 $132,556
2019 $1,162 $139,882 $32,400 $107,482
2018 $1,070 $139,882 $32,400 $107,482
2017 $1,015 $139,882 $32,400 $107,482
2016 $994 $139,882 $32,400 $107,482
2015 $1,077 $152,263 $40,000 $112,263
2014 $1,022 $152,263 $40,000 $112,263
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2429583

Doorify MLS

APN: 1701.19-52-9049-000