NOT LISTED FOR SALE

723 Locust Ln Raleigh, NC 27603

Estimated Value: $457,000 - $473,000

3 Beds
2.5 Baths
2,386 Sq Ft
$194/Sq Ft Est. Value

Last Sold July 26, 2024

Last sale price $455,000 $191 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $2,751/month

7 Days on Market

Highlights

  • 0.8 Acre Lot
  • Deck
  • High Ceiling
  • A-Frame Home
  • Bonus Room
  • Granite Countertops

About This Home

As of July 2024

Welcome to this unique home in the heart of Raleigh! Nestled within a sprawling wooded lot, this stunning home offers some privacy and serenity. Adorned with charming Cedar siding, the exterior boasts a timeless appeal w/ a fresh, contemporary twist. Step inside to discover a nicely renovated interior, where modern elegance meets comfort. Revel in the luxurious ambiance created by new granite countertops in both the kitchen and baths, complemented by freshly painted walls. New luxury plank flooring and new plush carpeting span throughout the entire residence, providing a seamless blend of style and functionality. All bedrooms are on the main floor. Upstairs, you will find a versatile bonus room offering endless possibilities for customization to suit your lifestyle.The primary bedroom features an enhanced en-suite bath complete with a brand-new walk-in tile shower, a separate garden tub, and a double vanity. The heart of the home lies in the open concept living room, where a cozy fireplace serves as the focal point, perfect for relaxing evenings. Step outside to a spacious backyard enveloped by nature's beauty, complete with a swing set. Don't miss this rare opportunity to own a truly exceptional home that seamlessly blends modern luxury with the tranquility of nature. Experience the epitome of upscale living in Raleigh - schedule your private tour today! Showings start 5/18.

Last Agent to Sell the Property

Anna Hendren

Hendren Realty License #207729 Listed on: 05/17/2024

Co-Listed By

Brooke Hendren

Hendren Realty License #350501

Last Buyer's Agent

Amy Gretenstein

Real Estate By Design License #286227

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,993

Year Built

  • Built in 2003 | Remodeled

Lot Details

  • 0.8 Acre Lot
  • Rectangular Lot
  • Paved or Partially Paved Lot
  • Cleared Lot

Home Design

  • A-Frame Home
  • Brick Foundation
  • Shingle Roof
  • Wood Siding
  • Cedar

Interior Spaces

  • 2,386 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Ceiling Fan
  • Living Room
  • Breakfast Room
  • Bonus Room

Kitchen

  • Free-Standing Electric Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Carpet
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Primary bathroom on main floor
  • Double Vanity
  • Separate Shower in Primary Bathroom
  • Walk-in Shower

Laundry

  • Laundry on main level
  • Washer and Electric Dryer Hookup

Parking

  • 2 Parking Spaces
  • 2 Carport Spaces

Outdoor Features

  • Deck

Schools

  • Smith Elementary School
  • North Garner Middle School
  • Garner High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Propane
  • Heat Pump System
  • Propane
  • Well
  • Septic Tank
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Echo Heights Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0015009

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,993

Year Built

Built in 2003 | Remodeled

Lot Details

0

Listing Details

  • Year Built: 2003
  • Prop. Type: Residential
  • Horses: No
  • Co List Office Mls Id: 77471
  • Co List Office Phone: 336-449-0736
  • Subdivision Name: Echo Heights
  • Above Grade Finished Sq Ft: 2386.0
  • Architectural Style: A-Frame
  • Carport Y N: Yes
  • Garage Yn: No
  • Unit Levels: One and One Half
  • New Construction: No
  • General Property Information Basement YN: No
  • Appliances Microwave: Yes
  • Cooling Central Air: Yes
  • Flooring Luxury Vinyl: Yes
  • Laundry Features Main Level: Yes
  • Flooring Carpet: Yes
  • Interior Features Separate Shower: Yes
  • Lot Features Partially Cleared: Yes
  • Water Source Well: Yes
  • Room Types Bedroom 2 Level: Main
  • Room Types Bedroom 3 Level: Main
  • Room Types Bonus Room: Yes
  • Room Types Primary Bedroom Level: Main
  • Laundry Features Electric Dryer Hookup: Yes
  • Appliances Refrigerators: Yes
  • Room Types Living Room2: Yes
  • Room Types Breakfast Room: Yes
  • Utilities Cable Available: Yes
  • General Property Information Senior Community YN: No
  • Laundry Features Laundry Closet: Yes
  • Levels One and One Half: Yes
  • Foundation Details BrickMortar: Yes
  • General Property Information Enhanced Accessible2: No
  • General Property Information Horse YN2: No
  • Architectural Style A-Frame: Yes
  • Roof:Shingle: Yes
  • General Property Information Spa YN: No
  • General Property Information Above Grade Finished Area: 2386.0
  • General Property Information Carport YN: Yes
  • Room Types Primary Bathroom Level: Main
  • Cooling Ceiling Fan(s): Yes
  • Laundry Features Washer Hookup: Yes
  • Utilities Electricity Connected: Yes
  • Utilities Propane3: Yes
  • Property Condition UpdatedRemodeled: Yes
  • General Property Information Carport Spaces2: 2.0
  • General Property Information Lot Size Square Feet2: 34848.0
  • General Property Information Lot Size Acres: 0.8
  • General Property Information Stories2: 1
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Flooring: Carpet, Luxury Vinyl
  • Interior Amenities: Ceiling Fan(s), Double Vanity, Granite Counters, High Ceilings, Pantry, Separate Shower, Walk-In Closet(s), Walk-In Shower, See Remarks
  • Private Spa: No
  • Appliances: Dishwasher, Free-Standing Electric Range, Microwave, Refrigerator
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Total Bedrooms: 8
  • Stories: 1
  • Appliances Dishwasher: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Interior Features:Double Vanity: Yes
  • Interior Features:Granite Counters: Yes
  • Interior Features:High Ceilings: Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Walk-In Shower: Yes
  • Appliances:Free-Standing Electric Range: Yes
  • Interior Features:See Remarks10: Yes

Exterior Features

  • Roof: Shingle
  • Fencing: None
  • Acres: 0.8
  • Disclosures: Seller Disclosure
  • Home Warranty: No
  • Construction Type: Cedar, Wood Siding
  • Foundation Details: Brick/Mortar
  • Patio And Porch Features: Deck
  • Patio And Porch Features:Deck2: Yes
  • Construction Materials:Wood Siding: Yes
  • Construction Materials:Cedar: Yes
  • Lot Features:Rectangular Lot: Yes
  • Lot Features:Paved: Yes

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2.0
  • Open Parking: No
  • Parking Features: Carport
  • Total Parking Spaces: 2.0
  • Parking Features:Carport: Yes
  • General Property Information:Parking Total: 2.0
  • General Property Information:Open Parking YN2: No

Utilities

  • Utilities: Cable Available, Electricity Connected, Propane
  • Heating: Central, Propane
  • Cooling: Ceiling Fan(s), Central Air, Heat Pump
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Well
  • Sewer Septic Tank: Yes
  • HeatingCooling:Heat Pump: Yes
  • Heating:Propane2: Yes
  • Heating:Central: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Ninth Grade High School: Wake - Garner
  • Middle Or Junior School: Wake - North Garner

Lot Info

  • Lot Size Sq Ft: 34848.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 0015009

Tax Info

  • Tax Annual Amount: 1993.04
  • Tax Year: 2023

MLS Schools

  • Elementary School: Wake - Smith

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2024
Closed on
Jul 3, 2024
Sold by
Barakat Amina Rokann and Barakat Najib
Bought by
Stanton Shelby Rothstein and Stanton Cameron
Seller's Agent
Anna Hendren
Hendren Realty
Buyer's Agent
Amy Gretenstein
Real Estate By Design
List Price
$455,000
Sold Price
$455,000
Views
31
Current Estimated Value
$464,021

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,021
Avg. Annual Appreciation
1.83%
Original Mortgage
$364,000
Outstanding Balance
$360,267
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$103,754

Purchase Details

Closed on
Mar 11, 2024
Bought by
Barakat Amina Rokann and Barakat Najib

Purchase Details

Closed on
Oct 7, 2022
Sold by
Kaluk Barakat
Bought by
Barakat Amina Rokann

Purchase Details

Closed on
Jan 12, 2007
Bought by
Abdalla Mohamed M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,000
Interest Rate
9.35%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 25, 2001
Sold by
Costin Distributing Co and Costin Kathryn
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
Stanton Shelby Rothstein $455,000 None Listed On Document
Barakat Amina Rokann -- None Listed On Document
Barakat Amina Rokann -- --
Abdalla Mohamed M $210,000 None Available
-- $18,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stanton Shelby Rothstein $364,000
Previous Owner Abdalla Mohamed M $189,000
Previous Owner Barakat Namee $201,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/26/2024 07/26/24 Sold $455,000 0.0% $191 / Sq Ft
05/21/2024 05/21/24 Pending -- -- --
05/17/2024 05/17/24 For Sale $455,000 0.0% $191 / Sq Ft
05/14/2024 05/14/24 Off Market $455,000 -- --
05/13/2024 05/13/24 For Sale $455,000 -- $191 / 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 $2,674 $427,365 $100,000 $327,365
2023 $1,993 $253,051 $55,000 $198,051
2022 $1,848 $253,051 $55,000 $198,051
2021 $1,798 $253,051 $55,000 $198,051
2020 $1,769 $253,051 $55,000 $198,051
2019 $1,641 $198,459 $36,000 $162,459
2018 $1,509 $198,459 $36,000 $162,459
2017 $1,431 $198,459 $36,000 $162,459
2016 $1,402 $198,459 $36,000 $162,459
2015 $1,421 $201,694 $40,000 $161,694
2014 $1,347 $201,694 $40,000 $161,694
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 10029070

Doorify MLS

APN: 1701.18-31-7391-000