587 E Cabarrus St Raleigh, NC 27601
Olde East Raleigh Neighborhood
3
Beds
2.5
Baths
1,289
Sq Ft
2,614
Sq Ft Lot
Highlights
- Transitional Architecture
- Wood Flooring
- Great Room
- Hunter Elementary School Rated A
- Main Floor Primary Bedroom
- Quartz Countertops
About This Home
As of June 2021A stunning 1915's renovated 2-story-single family home in Downtown Raleigh. Modern open layout with first-floor primary suite. Quartz countertops and stainless steel appliances. Hardwoods throughout and tile flooring in the baths. Short distance to enjoy nearby restaurants, newly renovated Chavis Park center, Transfer Co. Food Hall, new Current Wellness studio, Roshambo Beverage Co, and more!
Last Agent to Sell the Property
Norm Johnson
NorthGroup Real Estate, Inc. License #283560 Listed on: 04/29/2021
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,744
Year Built
- Built in 1915
Lot Details
- 2,614 Sq Ft Lot
- Lot Dimensions are 27x90x27x90
- Fenced Yard
Parking
- On-Street Parking
Home Design
- Transitional Architecture
Interior Spaces
- 1,289 Sq Ft Home
- 2-Story Property
- Smooth Ceilings
- Ceiling Fan
- Great Room
- Family Room
- Storage
- Utility Room
- Wood Flooring
Kitchen
- Electric Range
- Microwave
- Plumbed For Ice Maker
- Dishwasher
- Quartz Countertops
Bedrooms and Bathrooms
- 3 Bedrooms
- Primary Bedroom on Main
- Walk-In Closet
- Bathtub with Shower
- Walk-in Shower
Laundry
- Laundry Room
- Laundry on main level
Outdoor Features
- Covered Patio or Porch
Schools
- Olds Elementary School
- Ligon Middle School
- Broughton High School
Utilities
- Forced Air Heating and Cooling System
- Electric Water Heater
Community Details
- No Home Owners Association
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 21, 2023
Sold by
Ni Mike and Ni Yun
Bought by
Maple Investment Ii Llc
Current Estimated Value
Purchase Details
Listed on
Apr 29, 2021
Closed on
May 24, 2021
Sold by
Craig Colin Andrew and Craig Valerie Jane
Bought by
Ni Mike and Ni Yun
Seller's Agent
Norm Johnson
NorthGroup Real Estate, Inc.
Buyer's Agent
Kathryn MacKinnon
Better Homes & Gardens Real Es
List Price
$465,000
Sold Price
$480,000
Premium/Discount to List
$15,000
3.23%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.93%
Purchase Details
Closed on
Jul 21, 2016
Sold by
Telegraph Rd Properties Llc
Bought by
Craig Colin Andrew and Craig Valerie Jane
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,600
Interest Rate
3.6%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 14, 2007
Sold by
Mason Kenneth E and Mason Nargretta S
Bought by
Zande Leasing Co Llc
Similar Homes in Raleigh, NC
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | None Listed On Document | |
| Warranty Deed | $480,000 | None Available | |
| Warranty Deed | $313,500 | None Available | |
| Warranty Deed | $49,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $232,024 | New Conventional | |
| Previous Owner | $265,600 | New Conventional | |
| Previous Owner | $149,852 | Construction | |
| Previous Owner | $5,500 | Unknown | |
| Previous Owner | $35,700 | Unknown |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/16/2024 02/16/24 | Rented | $2,200 | 0.0% | -- |
| 01/10/2024 01/10/24 | Under Contract | -- | -- | -- |
| 12/27/2023 12/27/23 | Price Changed | $2,200 | 0.0% | $2 / Sq Ft |
| 12/15/2023 12/15/23 | Off Market | $480,000 | -- | -- |
| 12/02/2023 12/02/23 | Price Changed | $2,300 | -6.1% | $2 / Sq Ft |
| 11/07/2023 11/07/23 | For Rent | $2,450 | 0.0% | -- |
| 06/16/2021 06/16/21 | Sold | $480,000 | +3.2% | $372 / Sq Ft |
| 05/02/2021 05/02/21 | Pending | -- | -- | -- |
| 04/29/2021 04/29/21 | For Sale | $465,000 | -- | $361 / Sq Ft |
Source: Doorify MLS
Tax History Compared to Growth
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 | $4,352 | $498,739 | $270,000 | $228,739 |
| 2023 | $4,270 | $389,883 | $157,500 | $232,383 |
| 2022 | $3,968 | $389,883 | $157,500 | $232,383 |
| 2021 | $3,814 | $389,883 | $157,500 | $232,383 |
| 2020 | $3,744 | $389,883 | $157,500 | $232,383 |
| 2019 | $3,113 | $266,885 | $48,000 | $218,885 |
| 2018 | $2,936 | $266,885 | $48,000 | $218,885 |
| 2017 | $2,796 | $266,885 | $48,000 | $218,885 |
| 2016 | $0 | $73,844 | $60,000 | $13,844 |
| 2015 | -- | $49,619 | $22,400 | $27,219 |
| 2014 | $507 | $49,619 | $22,400 | $27,219 |
Source: Public Records
Agents Affiliated with this Home
-
abby vaughn
a
Seller's Agent in 2024
abby vaughn
Oak City Properties
(203) 415-8001
2 Total Sales
-
N
Seller's Agent in 2021
Norm Johnson
NorthGroup Real Estate, Inc.
-
Kathryn MacKinnon
Buyer's Agent in 2021
Kathryn MacKinnon
Better Homes & Gardens Real Es
(919) 770-8749
1 in this area
91 Total Sales
Map
Source: Doorify MLS
MLS Number: 2380618
APN: 1713.09-06-1849-000
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