$690,000
SOLD MAY 20, 2025
4 Beds
2 Baths
1,531 Sq Ft
0.25 Acres

Recently Sold

$451 Per Sq Ft

1% Below List Price

11 Days on Market

Highlights

  • Wood Flooring
  • Brick Veneer
  • 1-Story Property
  • Olds Elementary School Rated A
  • Central Heating and Cooling System
  • 1-minute walk to Chamberlain Park

About This Home

As of May 2025

609 Tower Street presents a rare opportunity to own a charming 1950s mostly brick ranch in the sought-after Village District. This well-maintained home features 4 bedrooms, 2 bathrooms, and beautiful hardwood floors throughout. Originally a duplex, it has been thoughtfully converted into a single-family residence.

Zoned R-10 and situated on a 0.25-acre lot, a duplex configuration is still permitted—offering exciting potential to expand or add a second 4-bedroom unit. The property also offers generous off-street parking and a spacious outdoor area.

Currently leased to students at a strong rental rate through July 2026, this home is ideal as a versatile investment property or an easy conversion to a single-family residence. All of this just one block from the Village District's shops, dining, and entertainment.

Tenants are responsible for utilities.

The property is tenant-occupied, with escorted showings available on Saturdays and Tuesdays from 12:00 PM to 1:00 PM. Feel free to attend during these windows until the property is pending.

Last Agent to Sell the Property

Doro Taylor

CityGate Real Estate Services, License #233095 Listed on: 03/26/2025

CityGate Real Estate Services,

Co-Listed By

Reeves Stowe

Compass -- Raleigh License #353075

Last Buyer's Agent

BUDDY McClamrock

Raleigh Realty License #99442

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,362

Year Built

  • Built in 1959

Lot Details

  • 0.25 Acre Lot

Home Design

  • Brick Veneer
  • Combination Foundation
  • Shingle Roof
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1,531 Sq Ft Home
  • 1-Story Property
  • Basement
  • Crawl Space

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • Gravel Driveway
  • On-Site Parking
  • 6 Open Parking Spaces

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • The owner pays for common area maintenance, exterior maintenance, grounds care, HVAC maintenance, insurance, management, pest control, repairs, roof maintenance, snow removal, taxes
  • Assessor Parcel Number 0794935459

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,362

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Year Built: 1959
  • Prop. Type: Residential Income
  • Co List Office Phone: 919-726-6548
  • Subdivision Name: Not in a Subdivision
  • Above Grade Finished Sq Ft: 1531.0
  • Unit Levels: One
  • New Construction: No
  • General Property Information Basement YN: Yes
  • Architectural Style Ranch: Yes
  • Cooling Central Air: Yes
  • Levels One: Yes
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • Flooring Hardwood: Yes
  • Flooring Vinyl: Yes
  • Remarks and Miscellaneous Syndication Remarks2: 609 Tower Street presents a rare opportunity to own a charming 1950s mostly brick ranch in the sought-after Village District. This well-maintained home features 4 bedrooms, 2 bathrooms, and beautiful hardwood floors throughout. Originally a duplex, it has been thoughtfully converted into a single-family residence. Zoned R-10 and situated on a 0.25-acre lot, a duplex configuration is still permitted—offering exciting potential to expand or add a second 4-bedroom unit. The property also offers generous off-street parking and a spacious outdoor area. Currently leased to students at a strong rental rate through July 2026, this home is ideal as a versatile investment property or an easy conversion to a single-family residence. All of this just one block from the Village District's shops, dining, and entertainment. Tenants are responsible for utilities. The property is tenant-occupied, with escorted showings available on Saturdays and Tuesdays from 12:00 PM to 1:00 PM. Feel free to attend during these windows until the property is pending.
  • Roof:Shingle: Yes
  • Contract Information Lease Term: 12 Months
  • General Property Information Above Grade Finished Area: 1531.0
  • Roof Asphalt3: Yes
  • General Property Information Number Of Units Total3: 1.0
  • General Property Information Lot Size Square Feet2: 10890.0
  • General Property Information Lot Size Acres: 0.25
  • Foundation Details Combination: Yes
  • General Property Information Stories2: 1
  • General Property Information:Living Area3: 1531.0
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Flooring: Hardwood, Vinyl
  • Basement: Crawl Space
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Stories: 1
  • Basement:Crawl Space: Yes

Exterior Features

  • Roof: Asphalt, Shingle
  • Acres: 0.25
  • Construction Type: Brick Veneer, Vinyl Siding
  • Foundation Details: Combination
  • Construction Materials:Vinyl Siding: Yes
  • Construction Materials:Brick Veneer: Yes

Garage/Parking

  • Attached Garage: No
  • Open Parking Spaces: 6.0
  • Open Parking: Yes
  • Parking Features: Gravel, On Site
  • Parking Features:Gravel: Yes
  • Parking Features:On Site: Yes
  • General Property Information:Open Parking YN2: Yes
  • General Property Information:Open Parking Spaces2: 6.0

Utilities

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

Lot Info

  • Lot Size Sq Ft: 10890.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 0794935459

Rental Info

  • Lease Term: 12 Months
  • Owner Pays: Common Area Maintenance, Exterior Maintenance, Grounds Care, HVAC Maintenance, Insurance, Management, Pest Control, Repairs, Roof Maintenance, Snow Removal, Taxes

Tax Info

  • Tax Annual Amount: 4362.24
  • Tax Year: 2024

Multi Family

  • Number Of Units Total: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 26, 2025
Closed on
May 2, 2025
Sold by
Roger That Llc
Bought by
Elliott Carolyn
Seller's Agent
Doro Taylor
CityGate Real Estate Services,
Buyer's Agent
BUDDY McClamrock
Raleigh Realty
List Price
$695,000
Sold Price
$690,000
Premium/Discount to List
-$5,000
-0.72%
Views
35
Current Estimated Value
$665,679

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$24,321
Avg. Annual Appreciation
-5.21%

Purchase Details

Closed on
Oct 20, 2009
Sold by
Valentine Melton E and Valentine Sarah
Bought by
Roger That Llc and Roger That Roger Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,600
Interest Rate
5.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 29, 2004
Sold by
Lindsay Christopher S and Macdonald Daphne
Bought by
Valentine Melton E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
5.35%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 14, 2003
Sold by
Lindsay Christopher S and Macdonald Daphne
Bought by
Lindsay Christopher S and Macdonald Daphne
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Warranty Deed $690,000 None Listed On Document
Warranty Deed $690,000 None Listed On Document
Warranty Deed $224,500 None Available
Warranty Deed $180,000 None Available
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $179,600 New Conventional
Previous Owner $144,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/20/2025 05/20/25 Sold $690,000 -0.7% $451 / Sq Ft
04/06/2025 04/06/25 Pending -- -- --
03/26/2025 03/26/25 For Sale $695,000 -- $454 / 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 $4,380 $497,667 $420,000 $77,667
2024 $4,362 $497,667 $420,000 $77,667
2023 $3,601 $326,700 $275,000 $51,700
2022 $3,348 $326,700 $275,000 $51,700
2021 $3,219 $326,700 $275,000 $51,700
2020 $3,161 $326,700 $275,000 $51,700
2019 $2,707 $230,156 $160,000 $70,156
2018 $2,555 $230,156 $160,000 $70,156
2017 $2,434 $230,156 $160,000 $70,156
2016 $2,385 $230,156 $160,000 $70,156
2015 $2,258 $214,155 $129,600 $84,555
2014 -- $214,155 $129,600 $84,555
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 10084744

Doorify MLS

APN: 0794.16-93-5459-000