$475,000 - $519,000
RENTED NOV 9, 2024

701 E Martin St Raleigh, NC 27601

Olde East Raleigh Neighborhood
3 Beds
2 Baths
1,104 Sq Ft
$451 Price per Sq Ft

Last Sold June 16, 2022

Last sale price $465,000 $421 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $3,107/month

About This Home

As of June 2022

Charming 3 Bedroom home in the heart of downtown Raleigh. Walk to Transfer Food Hall and Moore Square. Wrap around front porch + patio and fenced back yard. Hardwood floors in living areas and tile in Baths. Stainless steel appliances in Kitchen. Available Dec 1, 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 19, 2022
Closed on
Jun 15, 2022
Sold by
Blackman Allison L
Bought by
Occenad Nathanael
Seller's Agent
Brandi Overby
Home Equity Realty Group
Buyer's Agent
Ginger Lynn
Allen Tate/Raleigh-Falls Neuse
List Price
$437,000
Sold Price
$465,000
Premium/Discount to List
$28,000
6.41%
Current Estimated Value
$497,439

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,439
Avg. Annual Appreciation
2.31%
Original Mortgage
$441,750
Outstanding Balance
$423,282
Interest Rate
5.27%
Mortgage Type
New Conventional
Estimated Equity
$74,157

Purchase Details

Closed on
Feb 20, 2014
Sold by
City Of Raleigh
Bought by
R D Construction Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$24,000
Interest Rate
4.28%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 10, 2006
Sold by
Charles Wm Holland Family Lp
Bought by
City Of Raleigh

Purchase Details

Closed on
Jul 8, 2005
Sold by
Utley Arthur Lee
Bought by
Charles Wm Holland Family Lp

Purchase Details

Closed on
Dec 18, 1997
Sold by
Holland Charles William and Holland Dorothy White
Bought by
Charles Wm Holland Family Ltd Prtnrshp

Range of Values:

Collateral Analytics

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ICE

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Quantarium

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Average Value
Not Available
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
Occenad Nathanael $930 Gwynn Edwards & Getter Pa
R D Construction Inc -- None Available
City Of Raleigh $63,000 None Available
Charles Wm Holland Family Lp $80,624 --
Charles Wm Holland Family Ltd Prtnrshp -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Occenad Nathanael $441,750
Previous Owner R D Construction Inc $110,000
Previous Owner R D Construction Inc $24,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/09/2024 11/09/24 Rented $2,270 0.0% --
10/07/2024 10/07/24 For Rent $2,270 0.0% --
12/15/2023 12/15/23 Off Market $465,000 -- --
06/16/2022 06/16/22 Sold $465,000 +6.4% $421 / Sq Ft
05/21/2022 05/21/22 Pending -- -- --
05/21/2022 05/21/22 For Sale $437,000 -- $396 / Sq Ft

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 $3,876 $443,970 $300,000 $143,970
2023 $3,413 $311,268 $200,000 $111,268
2022 $3,172 $311,268 $200,000 $111,268
2021 $3,049 $311,268 $200,000 $111,268
2020 $2,993 $311,268 $200,000 $111,268
2019 $2,105 $179,899 $80,000 $99,899
2018 $1,986 $179,899 $80,000 $99,899
2017 $1,891 $179,899 $80,000 $99,899
2016 $1,853 $179,899 $80,000 $99,899
2015 $1,267 $145,440 $30,000 $115,440
2014 -- $26,136 $26,136 $0
Source: Public Records

Agents Affiliated with this Home

  • Ginger Lynn

    Seller's Agent in 2024

    Ginger Lynn

    Allen Tate/Raleigh-Falls Neuse

    (919) 624-3084

    2 in this area

    89 Total Sales

    Ginger Lynn
    Section Image
  • Jordan Perkins

    Buyer's Agent in 2024

    Jordan Perkins

    Allen Tate/Raleigh-Falls Neuse

    (919) 757-5635

    21 Total Sales

    Jordan Perkins
    Section Image

  • B

    Seller's Agent in 2022

    Brandi Overby

    Home Equity Realty Group

  • B

    Seller Co-Listing Agent in 2022

    Beth Overby

    Castle Resources Unlimited

    1 in this area

    8 Total Sales

    Section Image
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Map

North Carolina Wake County Raleigh 27601 Olde East Raleigh

701 E Martin St, Raleigh, NC

Homes for Sale in Raleigh, NC

This home is located at 701 E Martin St, Raleigh, NC 27601 and is currently estimated at $497,439, approximately $450 per square foot. 701 E Martin St is a home located in Wake County with nearby schools including Hunter Elementary School, Ligon Magnet Middle School, and Enloe High.

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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