NOT LISTED FOR SALE

Estimated Value: $593,000 - $666,000

3 Beds
2 Baths
1,289 Sq Ft
$490/Sq Ft Est. Value

Last Sold February 16, 2023

Last sale price $600,000 $465 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $3,739/month

33 Days on Market

Highlights

  • Wood Flooring
  • Quartz Countertops
  • Cottage
  • Olds Elementary School Rated A
  • No HOA
  • Brick or Stone Mason

About This Home

As of February 2023

Beautifully renovated STONE COTTAGE in University Park! Hardwoods throughout, brand new kitchen and owners suite, stone fireplace, quartz countertops. This 3 bedroom/2 bathroom blends midcentury cottage character with new! Minutes from Whole Foods Ridgewood shopping center, downtown, 440/40- walk to NC State, coffee shops and restaurants, the Greenway, neighborhood parks and schools!

Last Agent to Sell the Property

Katherine Cannon

O'Neal & Company License #305428 Listed on: 12/09/2022

Co-Listed By

John O'Neal

O'Neal & Company License #183956

Last Buyer's Agent

Van Fletcher

Allen Tate/Raleigh-Glenwood License #249084

Allen Tate/Raleigh-Glenwood

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,788

Year Built

  • Built in 1944

Lot Details

  • 9,148 Sq Ft Lot
  • Lot Dimensions are 60 x 149
  • Landscaped with Trees

Home Design

  • Cottage
  • Brick or Stone Mason
  • Brick Foundation
  • Stone

Interior Spaces

  • 1,289 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Combination Kitchen and Dining Room
  • Unfinished Basement
  • Natural lighting in basement
  • Pull Down Stairs to Attic
  • Quartz Countertops
  • Laundry Room

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • Private Driveway
  • On-Street Parking

Schools

  • Olds Elementary School
  • Martin Middle School
  • Broughton High School

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater

Community Details

Overview

  • No Home Owners Association
  • University Park Subdivision

Recreation

  • Community Playground
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,788

Year Built

Built in 1944

Lot Details

0

Listing Details

  • Year Built: 1944
  • Prop. Type: Residential
  • Co List Office Phone: 919-559-7337
  • Subdivision Name: University Park
  • Above Grade Finished Sq Ft: 1289.0
  • Architectural Style: Cottage
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Contract Information Ownership Type: Other
  • General Property Information Below Grade Unfinished Area: 1030.0
  • General Property Information Total Unfinished Area2: 1030.0
  • General Property Information Lot Size Dimensions: 60 x 149
  • General Property Information Basement YN: Yes
  • General Property Information Fireplace YN: Yes
  • Attic Features Pull-Down Stairs: Yes
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Interior Features KitchenDining Room Combination: Yes
  • Laundry Features Laundry Room: Yes
  • Levels One: Yes
  • Sewer:Public Sewer: Yes
  • Structure Type Site Built: Yes
  • Water Source Public: Yes
  • Flooring Hardwood: Yes
  • Lot Features Hardwood Trees: Yes
  • Room Types Primary Bedroom Level: M
  • Remarks and Miscellaneous Syndication Remarks2: Beautifully renovated STONE COTTAGE in University Park! Hardwoods throughout, brand new kitchen and owners suite, stone fireplace, quartz countertops. This 3 bedroom/2 bathroom blends midcentury cottage character with new! Minutes from Whole Foods Ridgewood shopping center, downtown, 440/40- walk to NC State, coffee shops and restaurants, the Greenway, neighborhood parks and schools!
  • Foundation Details BrickMortar: Yes
  • Architectural Style Cottage: Yes
  • General Property Information Above Grade Finished Area: 1289.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 9147.6
  • General Property Information Lot Size Acres: 0.21
  • General Property Information:Living Area3: 1289.0
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Hardwood, Tile
  • Interior Amenities: Kitchen/Dining Room Combination, Primary Downstairs, Quartz Counters
  • Basement: Daylight, Unfinished
  • Appliances: Electric Water Heater
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Community Features:Playground2: Yes
  • Interior Features:Primary Downstairs: Yes
  • Interior Features:Quartz Counters: Yes
  • Appliances:Electric Water Heater: Yes
  • Basement:Daylight: Yes
  • Fireplace Features:Living Room: Yes
  • Basement:Unfinished: Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Acres: 0.21
  • Construction Type: Fiber Cement, Stone
  • Foundation Details: Brick/Mortar
  • Construction Materials:Fiber Cement: Yes
  • Construction Materials:Stone: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Concrete, Driveway, On Street
  • Parking Features:Concrete4: Yes
  • Parking Features:Driveway: Yes
  • Parking Features:On Street: Yes

Utilities

  • Heating: Electric, Forced Air, Heat Pump
  • Cooling: Central Air, Heat Pump
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Electric4: Yes
  • Heating:Forced Air: Yes
  • Heating:Heat Pump2: Yes
  • HeatingCooling:Heat Pump: Yes

Condo/Co-op/Association

  • Community Features: Playground
  • Association: No

Association/Amenities

  • Association Amenities:Trail(s): Yes

Schools

  • Ninth Grade High School: Wake - Broughton
  • Middle Or Junior School: Wake - Martin

Lot Info

  • Lot Dimensions: 60 x 149
  • Lot Size Sq Ft: 9147.6
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1788.0
  • Tax Year: 2022

MLS Schools

  • Elementary School: Wake - Olds

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 9, 2022
Closed on
Feb 7, 2023
Sold by
Wkg Investments Llc
Bought by
Faucette Cameron Blackwood and Faucette Matthew Charles
Seller's Agent
Katherine Cannon
O'Neal & Company
Buyer's Agent
Van Fletcher
Allen Tate/Raleigh-Glenwood
List Price
$649,900
Sold Price
$600,000
Premium/Discount to List
-$49,900
-7.68%
Views
81
Current Estimated Value
$631,489

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,489
Avg. Annual Appreciation
1.84%
Original Mortgage
$510,000
Outstanding Balance
$489,767
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$141,722

Purchase Details

Listed on
Jul 4, 2022
Closed on
Aug 2, 2022
Sold by
Frank Thompson Steven
Bought by
Wkg Investments Llc
Seller's Agent
Brandie Upshaw
Relevate Real Estate Inc.
Buyer's Agent
Katherine Cannon
O'Neal & Company
List Price
$450,000
Sold Price
$425,000
Premium/Discount to List
-$25,000
-5.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
89.38%
Original Mortgage
$500,000
Interest Rate
5.78%
Mortgage Type
New Conventional
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 Buyer Sale Price Title Company
Faucette Cameron Blackwood $600,000 --
Wkg Investments Llc $425,000 Gwynn Edwards & Getter Pa
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Faucette Cameron Blackwood $510,000
Previous Owner Wkg Investments Llc $500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/15/2023 12/15/23 Off Market $600,000 -- --
12/15/2023 12/15/23 Off Market $425,000 -- --
02/16/2023 02/16/23 Sold $600,000 -7.7% $465 / Sq Ft
01/17/2023 01/17/23 Pending -- -- --
12/15/2022 12/15/22 For Sale $649,900 +52.9% $504 / Sq Ft
08/02/2022 08/02/22 Sold $425,000 -5.6% $321 / Sq Ft View Prior Sale
07/13/2022 07/13/22 Pending -- -- --
07/04/2022 07/04/22 For Sale $450,000 -- $340 / 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 $5,056 $577,486 $425,000 $152,486
2024 $5,035 $577,486 $425,000 $152,486
2023 $3,883 $354,427 $240,000 $114,427
2022 $1,788 $349,226 $240,000 $109,226
2021 $1,719 $349,226 $240,000 $109,226
2020 $1,688 $349,226 $240,000 $109,226
2019 $1,597 $272,184 $160,000 $112,184
2018 $2,994 $272,184 $160,000 $112,184
2017 $2,852 $272,184 $160,000 $112,184
2016 $2,793 $272,184 $160,000 $112,184
2015 $2,707 $259,443 $142,500 $116,943
2014 $2,567 $259,443 $142,500 $116,943
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2486576

Doorify MLS

APN: 0794.11-65-0942-000