NOT LISTED FOR SALE

724 Parkham Ln Raleigh, NC 27603

Hillsborough Neighborhood

Estimated Value: $429,000 - $494,000

2 Beds
1.5 Baths
1,170 Sq Ft
$393/Sq Ft Est. Value

Last Sold November 09, 2022

Last sale price $445,000 $380 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $3,150/month

40 Days on Market

Highlights

  • Colonial Architecture
  • 4-minute walk to Raleigh Union Station
  • High Ceiling
  • Wiley Elementary Rated A-
  • Wood Flooring
  • Enclosed Patio or Porch

About This Home

As of November 2022

Move-in ready! Only blocks to NCSU, Downtown, Glenwood South and Village District. Extremely walkable…Steps from Dix Park, Downtown restaurants, museums, Union Station, Citrix headquarters and much more! Two bedroom brick townhome with two parking spaces - no parking deck or elevator needed. Crown molding and 9ft ceilings make the living space inviting and open. Beautiful original hardwoods, large bedrooms and second floor W/D. Fenced in back patio with mature trees and privacy. Pet friendly community close to Dix dog park. Home is also a great investment opportunity with 10 years of solid rental history. Low HOA dues with great landscaping, roof and exterior maintenance included so you have that extra time to enjoy life in this gorgeous area of Raleigh!

Last Agent to Sell the Property

Natalee Choby

Rich Realty Group License #231144 Listed on: 08/18/2022

Last Buyer's Agent

Maggie Thompson

Navigate Realty License #316205

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,391

Year Built

  • Built in 1998

Lot Details

  • 871 Sq Ft Lot
  • Lot Dimensions are 16 x 60
  • Privacy Fence

HOA Fees

  • $148 Monthly HOA Fees

Parking

  • Assigned Parking

Home Design

  • Colonial Architecture
  • Craftsman Architecture
  • Brick Veneer

Interior Spaces

  • 1,170 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Ceiling Fan
  • Living Room
  • Dining Room
  • Crawl Space
  • Pull Down Stairs to Attic

Kitchen

  • Electric Range
  • Range Hood
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathtub with Shower

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Enclosed Patio or Porch

Schools

  • Wake County Schools Elementary And Middle School
  • Wake County Schools High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

Overview

  • Association fees include ground maintenance, maintenance structure, storm water maintenance, trash
  • 8 Units
  • 150 St Marys Subdivision

Security

  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,391

Year Built

Built in 1998

Lot Details

0

HOA Fees

$148 per month

Listing Details

  • Year Built: 1998
  • Prop. Type: Residential
  • Reso Association Fee Includes: Maintenance Grounds, Maintenance Structure, Storm Water Maintenance, Trash
  • Subdivision Name: 150 St Marys
  • Above Grade Finished Sq Ft: 1170.0
  • Architectural Style: Colonial, Craftsman
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Contract Information Ownership Type: Townhouse
  • General Property Information Lot Size Dimensions: 16 x 60
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: No
  • Appliances Microwave: Yes
  • Attic Features Pull-Down Stairs: Yes
  • Cooling Central Air: Yes
  • Interior Features BathtubShower Combination: Yes
  • Security Features Smoke Detector(s): Yes
  • Sewer:Public Sewer: Yes
  • Structure Type Site Built: Yes
  • Water Source Public: Yes
  • Flooring Carpet: Yes
  • Flooring Hardwood: Yes
  • Levels Two: Yes
  • Room Types Bedroom 2 Level: 2
  • Room Types Dining Room2: Yes
  • Room Types Primary Bedroom Level: 2
  • Flooring Vinyl: Yes
  • Laundry Features Upper Level: Yes
  • Appliances Refrigerators: Yes
  • Room Types Living Room2: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Architectural Style Craftsman: Yes
  • Architectural Style Colonial: Yes
  • Laundry Features Laundry Closet: Yes
  • Fencing Privacy: Yes
  • General Property Information Above Grade Finished Area: 1170.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 871.2
  • General Property Information Lot Size Acres: 0.02
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses

Interior Features

  • Flooring: Carpet, Hardwood, Vinyl
  • Interior Amenities: Bathtub/Shower Combination, Ceiling Fan(s), High Ceilings
  • Basement: Crawl Space
  • Appliances: Dishwasher, Dryer, Electric Range, Gas Water Heater, Microwave, Plumbed For Ice Maker, Range Hood, Refrigerator, Washer
  • Basement YN: No
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Total Bedrooms: 6
  • Appliances Dishwasher: Yes
  • Appliances:Plumbed For Ice Maker: Yes
  • Appliances:Range Hood: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Interior Features:High Ceilings: Yes
  • Basement:Crawl Space: Yes
  • Appliances:Electric Range: Yes
  • Appliances:Gas Water Heater: Yes

Exterior Features

  • Fencing: Privacy
  • Acres: 0.02
  • Construction Type: Brick Veneer
  • Patio And Porch Features: Enclosed, Patio
  • Patio And Porch Features:Patio: Yes
  • Construction Materials:Brick Veneer: Yes
  • Patio And Porch Features:Enclosed2: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Assigned
  • Parking Features:Assigned: Yes

Utilities

  • Heating: Forced Air, Natural Gas
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association Fee: 148.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • Association Fee Includes:Maintenance Grounds2: Yes
  • Association Fee Includes:Maintenance Structure2: Yes
  • Association Fee Includes:Trash2: Yes
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 148.0
  • General Property Information:Association Fee Frequency: Monthly

Schools

  • Ninth Grade High School: Wake County Schools
  • Middle Or Junior School: Wake County Schools

Lot Info

  • Lot Dimensions: 16 x 60
  • Lot Size Sq Ft: 871.2
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3391.0
  • Tax Year: 2022

Multi Family

  • Number Of Units Total: 8

MLS Schools

  • Elementary School: Wake County Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 5, 2023
Sold by
724 Parkham Llc
Bought by
Charron Arthur O and Charron Karen R
Current Estimated Value
$492,688

Purchase Details

Listed on
Aug 18, 2022
Closed on
Nov 8, 2022
Sold by
Koelsch Brett
Bought by
724 Parkham Llc
Seller's Agent
Natalee Choby
Rich Realty Group
Buyer's Agent
Maggie Thompson
Navigate Realty
List Price
$486,000
Sold Price
$445,000
Premium/Discount to List
-$41,000
-8.44%
Views
1

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.63%

Purchase Details

Closed on
Feb 28, 2003
Sold by
Stankavish Robert E
Bought by
Koelsch Brett

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
5.5%

Purchase Details

Closed on
Feb 26, 1999
Sold by
St Marys Associates Llc
Bought by
Stankavish Robert E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,218
Interest Rate
6.84%
Source: Public Records

Range of Values:

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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
Charron Arthur O $445,000 None Listed On Document
724 Parkham Llc $445,000 --
Koelsch Brett $175,000 --
Stankavish Robert E $137,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Koelsch Brett $33,989
Previous Owner Koelsch Brett $35,000
Previous Owner Koelsch Brett $140,000
Previous Owner Stankavish Robert E $109,218
Closed Koelsch Brett $35,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2023 12/15/23 Off Market $445,000 -- --
11/09/2022 11/09/22 Sold $445,000 -1.1% $380 / Sq Ft
09/27/2022 09/27/22 Pending -- -- --
09/12/2022 09/12/22 Price Changed $450,000 -3.2% $385 / Sq Ft
08/31/2022 08/31/22 Price Changed $465,000 -4.3% $397 / Sq Ft
08/18/2022 08/18/22 For Sale $486,000 -- $415 / 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 $3,811 $436,462 $180,000 $256,462
2023 $3,649 $332,953 $150,000 $182,953
2022 $3,391 $332,953 $150,000 $182,953
2021 $3,260 $332,953 $150,000 $182,953
2020 $3,200 $332,953 $150,000 $182,953
2019 $2,829 $242,387 $115,000 $127,387
2018 $2,668 $242,387 $115,000 $127,387
2017 $2,542 $242,387 $115,000 $127,387
2016 $2,489 $242,387 $115,000 $127,387
2015 $2,217 $212,192 $90,000 $122,192
2014 $2,103 $212,192 $90,000 $122,192
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2022

    Natalee Choby

    Rich Realty Group

    (919) 264-4977

    1 in this area

    28 Total Sales

    Section Image

  • M

    Buyer's Agent in 2022

    Maggie Thompson

    Navigate Realty

    (919) 909-4989

    1 in this area

    62 Total Sales

    Section Image
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Map

Source: Doorify MLS

MLS Number: 2469387

Doorify MLS

APN: 1703.06-38-4705-000

North Carolina Wake County Raleigh 27603 Hillsborough

724 Parkham Ln, Raleigh, NC

This home is located at 724 Parkham Ln, Raleigh, NC 27603 since 18 August 2022 and is currently estimated at $460,008, approximately $393 per square foot. This property was built in 1998. 724 Parkham Ln is a home located in Wake County with nearby schools including Wiley Elementary, Oberlin Middle School, and Broughton Magnet High 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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