$300,000
SOLD OCT 30, 2024

609 Okelly St Raleigh, NC 27607

3 Beds
1 Bath
856 Sq Ft
4,792 Sq Ft Lot

Recently Sold

$350 Per Sq Ft

50% Above List Price

6 Days on Market

Highlights

  • No HOA
  • Eat-In Kitchen
  • Park
  • Olds Elementary School Rated A
  • Bathtub with Shower
  • Accessible Approach with Ramp

About This Home

As of October 2024

In the heart of Raleigh, lies a spectacular investment opportunity with endless potential. This vintage 3-bedroom/1 Bath home, originally built in 1958, is a true fixer-upper waiting to be restored to its original charm or torn down to transform your vision into a reality. Sitting on .11 acres, this home will be sold in conjunction with the adjacent .11-acre lot (613 Okelly Street - MLS# 10053432) offering a combined price of $250,000 and a total of .22-acres. Located steps from Method Community Park and within walking distance to NC State University and Meredith College, these properties are perfectly positioned for investors looking to capitalize on a prime location, great price point, and excellent ROI potential. 609 & 613 Okelly Street will be sold together ''as is'' CASH ONLY!

Last Agent to Sell the Property

Angie Cole

LPT Realty LLC License #254201 Listed on: 09/18/2024

LPT Realty LLC

Last Buyer's Agent

David Jones

Rich Realty Group License #283920

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,197

Year Built

  • Built in 1958

Parking

  • On-Street Parking

Home Design

  • Fixer Upper
  • Block Foundation
  • Shingle Roof

Interior Spaces

  • 856 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Basement
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Electric Range

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Schools

  • Wake County Schools Elementary And Middle School
  • Wake County Schools High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Additional Features

  • Accessible Approach with Ramp
  • Outdoor Storage
  • 4,792 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 0794229309

Community Details

Overview

  • No Home Owners Association

Recreation

  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,197

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Year Built: 1958
  • Prop. Type: Residential
  • Subdivision Name: Not in a Subdivision
  • Above Grade Finished Sq Ft: 856.0
  • Architectural Style: Ranch
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • General Property Information Basement YN: Yes
  • General Property Information Fireplace YN: No
  • Architectural Style Ranch: Yes
  • Cooling Central Air: Yes
  • Interior Features BathtubShower Combination: Yes
  • Levels One: Yes
  • Sewer:Public Sewer: Yes
  • Structure Type Site Built: Yes
  • Water Source Public: Yes
  • Flooring Carpet: Yes
  • Room Types Bedroom 2 Level: Main
  • Room Types Bedroom 3 Level: Main
  • Room Types Family Room2: Yes
  • Room Types Primary Bedroom Level: Main
  • Appliances Refrigerators: Yes
  • General Property Information Senior Community YN: No
  • Flooring Laminate: Yes
  • Foundation Details Block3: Yes
  • Property Condition Fixer: Yes
  • General Property Information Enhanced Accessible2: No
  • Roof:Shingle: Yes
  • General Property Information Spa YN: No
  • General Property Information Above Grade Finished Area: 856.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 4791.6
  • General Property Information Lot Size Acres: 0.11
  • General Property Information Stories2: 1
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Flooring: Carpet, Laminate
  • Interior Amenities: Bathtub/Shower Combination, Eat-in Kitchen
  • Basement: Crawl Space
  • Private Spa: No
  • Appliances: Electric Range, Refrigerator
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Total Bedrooms: 5
  • Stories: 1
  • Basement:Crawl Space: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Appliances:Electric Range: Yes
  • Community Features:Park2: Yes

Exterior Features

  • Roof: Shingle
  • Exterior Features: Storage
  • Acres: 0.11
  • Construction Type: Block, Concrete
  • Foundation Details: Block
  • Accessibility Features:Accessible Approach with Ramp: Yes
  • Exterior Features:Storage2: Yes
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete2: Yes

Garage/Parking

  • Attached Garage: No
  • Open Parking: No
  • Parking Features: On Street
  • Parking Features:On Street: Yes
  • General Property Information:Open Parking YN2: No

Utilities

  • Heating: Electric, Forced Air, Natural Gas
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Electric4: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Park
  • Senior Community: No
  • Association: No

Association/Amenities

  • Association Amenities:None: Yes
  • General Property Information:Association YN: No

Schools

  • Ninth Grade High School: Wake County Schools
  • Middle Or Junior School: Wake County Schools

Lot Info

  • Lot Size Sq Ft: 4791.6
  • ResoLotSizeUnits: Acres
  • Parcel #: 0794229309
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2197.0
  • Tax Year: 2024

MLS Schools

  • Elementary School: Wake County Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 18, 2024
Closed on
Oct 30, 2024
Sold by
Jones David
Bought by
Jones David and Dicunzolo Kristina
Seller's Agent
Angie Cole
LPT Realty LLC
Buyer's Agent
David Jones
Rich Realty Group
List Price
$200,000
Sold Price
$300,000
Premium/Discount to List
$100,000
50%
Views
32
Current Estimated Value
$334,163

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,163
Avg. Annual Appreciation
-5.83%

Purchase Details

Closed on
Jan 7, 2004
Sold by
Cotton Earlie and Cotton Lula Belle
Bought by
Medlin Raymond E
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 Type Sale Price Title Company
Deed -- None Listed On Document
Quit Claim Deed -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2024 10/30/24 Sold $300,000 +50.0% $350 / Sq Ft
09/24/2024 09/24/24 Pending -- -- --
09/18/2024 09/18/24 For Sale $200,000 -- $234 / 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
2025 $2,206 $250,663 $170,000 $80,663
2024 $2,197 $250,663 $170,000 $80,663
2023 $1,007 $90,541 $51,000 $39,541
2022 $937 $90,541 $51,000 $39,541
2021 $901 $90,541 $51,000 $39,541
2020 $885 $90,541 $51,000 $39,541
2019 $763 $64,094 $34,000 $30,094
2018 $720 $64,094 $34,000 $30,094
2017 $687 $64,094 $34,000 $30,094
2016 $0 $64,094 $34,000 $30,094
2015 -- $73,432 $32,000 $41,432
2014 -- $73,432 $32,000 $41,432
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 10053434

Doorify MLS

APN: 0794.18-22-9309-000