$315,170 - $338,000
RENTED AUG 30, 2024

7038 Racine Way Raleigh, NC 27615

3 Beds
2.5 Baths
1,636 Sq Ft
$198 Price per Sq Ft

Highlights

  • Deck
  • Wood Flooring
  • 1 Car Attached Garage
  • West Millbrook Middle School Rated A-
  • Fireplace
  • Walk-In Closet

About This Home

As of August 2024

Great open floorplan townhome in fabulous Raleigh location! Gleaming hardwood on 1st floor. Kit w/stainless steel appliances is open to the dining & family rm w/fireplace. Upstairs is lg. primary suite w/tray ceiling, walk-in closet, & bath. 2 additional spacious BRs, hall BA. Washer/dryer included! 1 car garage & private patio.
$300 pet fee per pet if approved. $150 admin fee. Landlord believes home contains approx 1636 sqft but tenant shall verify & not rely upon foregoing representation. Rented as is unless otherwise agreed. Required Resident Benefit Package $49.95/month includes liability insurance, credit building, identity theft protection, HVAC air filter delivery, on-demand pest control & much more! Photos taken prior to tenant placement.

Last Agent to Rent the Property

Gregory Beck

Coldwell Banker HPW - Prope License #186820 Listed on: 07/13/2024

Last Renter's Agent

Brandon Waugh

Angela Drum Team Realtors License #349080

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,732

Year Built

  • Built in 2006

Lot Details

  • 1,742

Parking

  • 1 Car Attached Garage
  • Private Driveway
  • Off-Street Parking

Interior Spaces

  • 1,636 Sq Ft Home
  • 2-Story Property
  • Fireplace
  • Living Room
  • Dining Room
  • Laundry Room

Kitchen

  • Electric Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Outdoor Features

  • Deck
  • Patio

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Security Deposit $1,825
  • Property Available on 8/25/24
  • Tenant pays for cable TV, electricity, gas, hot water, sewer, trash collection, water
  • The owner pays for association fees

Community Details

Overview

  • Property has a Home Owners Association
  • Northridge Trace Association
  • Northridge Trace Subdivision

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,732

Year Built

Built in 2006

Lot Details

0

Parking

1

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Hot Water, Sewer, Trash Collection, Water
  • Owner Pays: Association Fees
  • Available Date: 2024-08-25

Listing Details

  • Building Name: Northridge Trace
  • Year Built: 2006
  • Prop. Type: Residential Lease
  • Subdivision Name: Northridge Trace
  • Above Grade Finished Sq Ft: 1636.0
  • Unit Levels: Two
  • General Property Information Fireplace YN: Yes
  • Appliances Microwave: Yes
  • Cooling Central Air: Yes
  • Levels Two: Yes
  • Room Types Dining Room2: Yes
  • Flooring Vinyl: Yes
  • Appliances Refrigerators: Yes
  • Room Types Living Room2: Yes
  • Flooring Wood: Yes
  • Contract Information Availability Date: 2024-08-25
  • Contract Information Security Deposit2: 1825.0
  • General Property Information Above Grade Finished Area: 1636.0
  • Room Types Laundry2: Yes
  • Structure Type Townhouse: Yes
  • General Property Information Building Name: Northridge Trace
  • Pets Allowed Yes2: Yes
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Flooring: Vinyl, Wood
  • Interior Amenities: Walk-In Closet(s)
  • Appliances: Dishwasher, Disposal, Electric Oven, Electric Range, Microwave, Range, Refrigerator
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Appliances Dishwasher: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Appliances:Electric Range: Yes
  • Appliances Range: Yes
  • Appliances:Electric Oven: Yes
  • Laundry Features:In Unit: Yes

Exterior Features

  • Patio And Porch Features: Deck, Patio
  • Patio And Porch Features:Patio: Yes
  • Patio And Porch Features:Deck2: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Driveway, Off Street
  • Parking Features:Driveway: Yes
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 1.0
  • Parking Features:Off Street: Yes
  • General Property Information:Attached Garage YN: Yes

Utilities

  • Heating: Natural Gas
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association Name: Northridge Trace
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: Northridge Trace
  • Owner Pays:Association Fees: Yes
  • General Property Information:Association YN: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 14, 2008
Sold by
Sorrell Scott D
Bought by
Rajan Sandeep and Prabakar Uthra
Current Estimated Value
$323,293

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
5.86%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 21, 2006
Sold by
Pulte Home Corp
Bought by
Sorrell Scott D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,550
Interest Rate
6.31%
Mortgage Type
Unknown
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
Rajan Sandeep $175,000 None Available
Sorrell Scott D $180,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rajan Sandeep $25,000
Open Rajan Sandeep $134,800
Closed Rajan Sandeep $140,000
Previous Owner Sorrell Scott D $179,550
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2024 08/30/24 Rented $1,800 -1.4% --
08/23/2024 08/23/24 Under Contract -- -- --
07/13/2024 07/13/24 For Rent $1,825 -- --
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 $2,732 $312,253 $70,000 $242,253
2023 $2,379 $216,420 $50,000 $166,420
2022 $2,211 $216,420 $50,000 $166,420
2021 $2,126 $216,420 $50,000 $166,420
2020 $2,087 $216,420 $50,000 $166,420
2019 $1,968 $168,090 $40,000 $128,090
2018 $1,857 $168,090 $40,000 $128,090
2017 $1,769 $168,090 $40,000 $128,090
2016 $1,733 $168,090 $40,000 $128,090
2015 $1,963 $187,682 $42,000 $145,682
2014 $1,863 $187,682 $42,000 $145,682
Source: Public Records

Agents Affiliated with this Home

  • Gregory Beck

    Landlord's Agent in 2024

    Gregory Beck

    Coldwell Banker HPW - Prope

    (919) 388-5436

    Gregory Beck
    Section Image

  • B

    Tenant's Agent in 2024

    Brandon Waugh

    Angela Drum Team Realtors

    (919) 610-5495

    2 Total Sales

    Brandon Waugh
    Section Image
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Map

Source: Doorify MLS

MLS Number: 10043582

Doorify MLS

APN: 1717.16-94-7261-000

North Carolina Wake County Raleigh 27615

7038 Racine Way, Raleigh, NC

This home is located at 7038 Racine Way, Raleigh, NC 27615 since 13 July 2024 and is currently priced at $323,293. This property was built in 2006. 7038 Racine Way is a home located in Wake County with nearby schools including North Ridge Elementary School, West Millbrook Middle School, and Millbrook High School.

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