NOT LISTED FOR SALE

720 Carolina Ave Raleigh, NC 27606

Estimated Value: $237,000 - $301,942

3 Beds
2.5 Baths
1,294 Sq Ft
$207/Sq Ft Est. Value

Last Sold December 14, 2022

Last sale price $245,000 $189 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $1,637/month

2 Days on Market

Highlights

  • Deck
  • Traditional Architecture
  • No HOA
  • Adams Elementary Rated A-
  • End Unit
  • Laundry Room

About This Home

As of December 2022

End Unit townhome with NO HOA dues!!! No HOA = lower monthly cost. The roof was installed in 2014 with lifetime architectural shingles! Exterior is vinyl siding and brick veneer. Inside features fresh paint throughout (all walls, trim, ceilings, & cabinetry) and brand new carpet upstairs. Downstairs has durable vinyl flooring, laundry room w/ washer & dryer included, and great backyard privacy on the large deck. All bedrooms connect to a full bathroom and the owner's bedroom has a spacious walk-in closet. Great location close to PNC arena, the state fair grounds, NC State, and lots of new development! This property has the perfect layout, price point, & location for owner-occupants or investors!

Last Agent to Sell the Property

Penelope Wilkinson

Northside Realty Inc. License #278096 Listed on: 10/21/2022

Last Buyer's Agent

Heather Larose

Northside Realty Inc. License #278909

Northside Realty Inc.

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,089

Year Built

  • Built in 1985

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 245x33
  • End Unit

Parking

  • Private Driveway

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 1,294 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Family Room with Fireplace
  • Dining Room
  • Crawl Space

Kitchen

  • Electric Range
  • Range Hood
  • Dishwasher

Flooring

  • Carpet
  • Luxury Vinyl Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Deck

Schools

  • Adams Elementary School
  • Lufkin Road Middle School
  • Athens Dr High School

Utilities

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

Community Details

  • No Home Owners Association
  • Carolina Heights Subdivision

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,089

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Year Built: 1985
  • Prop. Type: Residential
  • Subdivision Name: Carolina Heights
  • Above Grade Finished Sq Ft: 1294.0
  • Architectural Style: Traditional
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Contract Information Ownership Type: Townhouse
  • General Property Information Lot Size Dimensions: 245x33
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: Yes
  • Cooling Central Air: Yes
  • Flooring Luxury Vinyl: Yes
  • Laundry Features Laundry Room: Yes
  • Laundry Features Main Level: Yes
  • Sewer:Public Sewer: Yes
  • Structure Type Site Built: Yes
  • Water Source Public: Yes
  • Flooring Carpet: Yes
  • Levels Two: Yes
  • Room Types Bedroom 2 Level: 2
  • Room Types Bedroom 3 Level: 2
  • Room Types Dining Room2: Yes
  • Room Types Family Room2: Yes
  • Architectural Style Traditional: Yes
  • Room Types Primary Bedroom Level: 2
  • Flooring Vinyl: Yes
  • Appliances Refrigerators: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Common Walls End Unit: Yes
  • General Property Information Above Grade Finished Area: 1294.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 8276.4
  • General Property Information Lot Size Acres: 0.19
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Flooring: Carpet, Luxury Vinyl, Vinyl
  • Basement: Crawl Space
  • Appliances: Dishwasher, Dryer, Electric Range, Gas Water Heater, Range Hood, Refrigerator, Washer
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Family Room, Wood Burning
  • Fireplaces: 1
  • Total Bedrooms: 9
  • Appliances Dishwasher: Yes
  • Appliances:Range Hood: Yes
  • Basement:Crawl Space: Yes
  • Fireplace Features:Family Room: Yes
  • Appliances:Electric Range: Yes
  • Appliances:Gas Water Heater: Yes
  • Fireplace Features:Wood Burning: Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Acres: 0.19
  • Common Walls: End Unit
  • Construction Type: Brick, Vinyl Siding
  • Patio And Porch Features: Deck
  • Construction Materials:Vinyl Siding: Yes
  • Patio And Porch Features:Deck2: Yes
  • Construction Materials:Brick: Yes

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Ninth Grade High School: Wake - Athens Dr
  • Middle Or Junior School: Wake - Lufkin Road

Lot Info

  • Lot Dimensions: 245x33
  • Lot Size Sq Ft: 8276.4
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1089.0

MLS Schools

  • Elementary School: Wake - Adams

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 21, 2022
Closed on
Dec 14, 2022
Sold by
Pw Investments Nc Llc
Bought by
Teel Derek Jerome
Seller's Agent
Penelope Wilkinson
Northside Realty Inc.
Buyer's Agent
Heather Larose
Northside Realty Inc.
List Price
$239,000
Sold Price
$245,000
Premium/Discount to List
$6,000
2.51%
Views
4
Current Estimated Value
$267,986

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,986
Avg. Annual Appreciation
4.85%
Original Mortgage
$236,823
Outstanding Balance
$230,882
Interest Rate
6.95%
Mortgage Type
FHA
Estimated Equity
$47,115

Purchase Details

Closed on
Jan 13, 2014
Sold by
Mcnear Marcus and Mcnear Patricia
Bought by
Wilkinson Penelope J and Wilkinson Jane A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,125
Interest Rate
4.29%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Teel Derek Jerome $245,000 --
Wilkinson Penelope J $77,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Teel Derek Jerome $236,823
Previous Owner Wilkinson Penelope J $58,125
Previous Owner Mcnear Marcus $67,200
Previous Owner Mcnear Marcus $68,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2023 12/15/23 Off Market $245,000 -- --
12/14/2022 12/14/22 Sold $245,000 +2.5% $189 / Sq Ft
10/23/2022 10/23/22 Pending -- -- --
10/21/2022 10/21/22 For Sale $239,000 -- $185 / 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
2024 $2,124 $242,284 $60,000 $182,284
2023 $1,171 $105,603 $25,000 $80,603
2022 $1,089 $105,603 $25,000 $80,603
2021 $1,048 $105,603 $25,000 $80,603
2020 $1,029 $105,603 $25,000 $80,603
2019 $1,013 $85,644 $20,000 $65,644
2018 $956 $85,644 $20,000 $65,644
2017 $911 $85,644 $20,000 $65,644
2016 $893 $85,644 $20,000 $65,644
2015 $989 $93,561 $21,000 $72,561
2014 $939 $93,561 $21,000 $72,561
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2022

    Penelope Wilkinson

    Northside Realty Inc.

  • Heather Larose

    Buyer's Agent in 2022

    Heather Larose

    Northside Realty Inc.

    (919) 333-1571

    72 Total Sales

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Map

Source: Doorify MLS

MLS Number: 2480249

Doorify MLS

APN: 0783.06-39-7891-000

North Carolina Wake County Raleigh 27606

720 Carolina Ave, Raleigh, NC

This home is located at 720 Carolina Ave, Raleigh, NC 27606 since 21 October 2022 and is currently estimated at $267,986, approximately $207 per square foot. This property was built in 1985. 720 Carolina Ave is a home located in Wake County with nearby schools including Adams Elementary, Lufkin Road Middle School, and Learn With The Best School.

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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