NOT LISTED FOR SALE

Estimated Value: $318,000 - $428,000

2 Beds
2 Baths
936 Sq Ft
$418/Sq Ft Est. Value

Last Sold September 19, 2024

Last sale price $410,000 $438 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $2,259/month

2 Days on Market

Highlights

  • Stainless Steel Appliances
  • Ductless Heating Or Cooling System
  • 1-Story Property
  • Hunter Elementary School Rated A
  • Bungalow
  • Private Entrance

About This Home

As of September 2024

Investment opportunity.

Last Agent to Sell the Property

Conner Franck

POINTE REALTY GROUP LLC License #332123 Listed on: 07/26/2024

Last Buyer's Agent

Kit Serrell

Allen Tate/Raleigh-Glenwood License #330535

Allen Tate/Raleigh-Glenwood

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,929

Year Built

  • Built in 1948

Lot Details

  • 7,405 Sq Ft Lot
  • Private Entrance
  • Cleared Lot
  • Back Yard Fenced

Home Design

  • Bungalow
  • Block Foundation
  • Architectural Shingle Roof
  • Lead Paint Disclosure

Interior Spaces

  • 936 Sq Ft Home
  • 1-Story Property
  • Laminate Flooring

Kitchen

  • Electric Oven
  • Range
  • Microwave
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Stacked Washer and Dryer

Parking

  • Gravel Driveway
  • 2 Open Parking Spaces

Utilities

  • Ductless Heating Or Cooling System
  • Heating Available
  • Electric Water Heater

Community Details

  • 4 Units
  • Quarry Hills Subdivision

Listing and Financial Details

  • The owner pays for all utilities
  • Assessor Parcel Number 1713145980

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,929

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Year Built: 1948
  • Prop. Type: Residential Income
  • Subdivision Name: Quarry Hills
  • Above Grade Finished Sq Ft: 936.0
  • Unit Levels: One
  • New Construction: No
  • General Property Information Basement YN: No
  • Appliances Microwave: Yes
  • Levels One: Yes
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • Appliances Refrigerators: Yes
  • Appliances Dryer: Yes
  • Architectural Style Bungalow: Yes
  • Flooring Laminate: Yes
  • Foundation Details Block3: Yes
  • General Property Information Above Grade Finished Area: 936.0
  • Fencing Back Yard: Yes
  • Laundry Features Inside: Yes
  • Roof Architectural Shingle: Yes
  • Disclosures Lead Based Paint: Yes
  • General Property Information Lot Size Square Feet2: 7405.2
  • General Property Information Lot Size Acres: 0.17
  • Owner Pays:All Utilities: Yes
  • Cooling Ductless: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Laminate
  • Appliances: Dryer, Electric Oven, Electric Water Heater, Microwave, Oven, Range, Refrigerator, Stainless Steel Appliance(s), Washer/Dryer Stacked
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Appliances:Electric Water Heater: Yes
  • Appliances:WasherDryer Stacked: Yes
  • Appliances Range: Yes
  • Appliances:Electric Oven: Yes
  • Appliances:Oven: Yes
  • Appliances:Stainless Steel Appliance(s): Yes

Exterior Features

  • Roof: Architectural Shingle
  • Exterior Features: Private Entrance, Private Yard
  • Fencing: Back Yard
  • Acres: 0.17
  • Disclosures: Lead Based Paint
  • Construction Type: Block
  • Foundation Details: Block
  • Lot Features:Back Yard2: Yes
  • Exterior Features:Private Yard: Yes
  • Construction Materials:Block2: Yes
  • Lot Features:Cleared: Yes
  • Exterior Features:Private Entrance: Yes
  • Lot Features:City Lot: Yes

Garage/Parking

  • Attached Garage: No
  • Open Parking Spaces: 2.0
  • Open Parking: Yes
  • Parking Features: Gravel
  • Parking Features:Gravel: Yes
  • General Property Information:Open Parking YN2: Yes
  • General Property Information:Open Parking Spaces2: 2.0

Utilities

  • Heating: Electric
  • Cooling: Ductless
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Electric4: Yes

Lot Info

  • Lot Size Sq Ft: 7405.2
  • ResoLotSizeUnits: Acres
  • Parcel #: 1713145980

Rental Info

  • Owner Pays: All Utilities

Tax Info

  • Tax Annual Amount: 1928.78
  • Tax Year: 2024

Multi Family

  • Number Of Units Total: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 26, 2024
Closed on
Sep 13, 2024
Sold by
Peak Real Estate Partners Llc
Bought by
Elkhatib Adam
Seller's Agent
Conner Franck
POINTE REALTY GROUP LLC
Buyer's Agent
Kit Serrell
Allen Tate/Raleigh-Glenwood
List Price
$400,000
Sold Price
$410,000
Premium/Discount to List
$10,000
2.5%
Views
24
Current Estimated Value
$377,982

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$32,018
Avg. Annual Appreciation
-4.51%
Original Mortgage
$402,573
Outstanding Balance
$398,436
Interest Rate
6.47%
Mortgage Type
FHA
Estimated Equity
-$6,910

Purchase Details

Listed on
Dec 24, 2023
Closed on
Mar 7, 2024
Sold by
Two Apples Properties Llc
Bought by
Peak Real Estate Partners Llc
Seller's Agent
Brent Henson
Compass -- Raleigh
Buyer's Agent
Conner Franck
POINTE REALTY GROUP LLC
List Price
$225,000
Sold Price
$200,000
Premium/Discount to List
-$25,000
-11.11%
Views
107

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
297.67%
Original Mortgage
$200,000
Interest Rate
6.69%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 8, 2022
Closed on
Dec 7, 2022
Sold by
Bent Creek Holdings Llc
Bought by
Two Apples Properties Llc
Seller's Agent
Richard Callahan
Raleigh Homes Realty
Buyer's Agent
Brent Henson
Compass -- Raleigh
List Price
$199,000
Sold Price
$199,000
Views
22

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.40%

Purchase Details

Listed on
Nov 8, 2022
Closed on
Nov 21, 2022
Sold by
Yl Properties Llc
Bought by
Bent Creek Holdings Llc
Seller's Agent
Richard Callahan
Raleigh Homes Realty
Buyer's Agent
Brent Henson
Compass -- Raleigh
List Price
$199,000
Sold Price
$199,000
Views
22

Purchase Details

Closed on
Jun 12, 2009
Sold by
Hefetz Yosef and Houck Lynne M
Bought by
Yl Properties Llc

Purchase Details

Closed on
Apr 10, 2008
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Hefetz Yosef and Houck Lynne

Purchase Details

Closed on
Jan 15, 2008
Sold by
Newman Tommy L and Newman Deborah G
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Aug 7, 2003
Sold by
Allen Virginia A
Bought by
Newman Tommy L and Newman Deborah G
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Elkhatib Adam $410,000 None Listed On Document
Peak Real Estate Partners Llc $200,000 None Listed On Document
Two Apples Properties Llc $199,000 --
Bent Creek Holdings Llc -- --
Yl Properties Llc -- None Available
Hefetz Yosef -- None Available
Federal Home Loan Mortgage Corporation $68,000 None Available
Newman Tommy L $31,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Elkhatib Adam $402,573
Previous Owner Peak Real Estate Partners Llc $200,000
Previous Owner Newman Tommy L $74,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/19/2024 09/19/24 Sold $410,000 +2.5% $438 / Sq Ft
07/29/2024 07/29/24 Pending -- -- --
07/26/2024 07/26/24 For Sale $400,000 +100.0% $427 / Sq Ft
03/12/2024 03/12/24 Sold $200,000 -11.1% $214 / Sq Ft
02/17/2024 02/17/24 Pending -- -- --
12/24/2023 12/24/23 For Sale $225,000 +13.1% $240 / Sq Ft
12/14/2023 12/14/23 Off Market $199,000 -- --
12/08/2022 12/08/22 Sold $199,000 0.0% $213 / Sq Ft
11/11/2022 11/11/22 Pending -- -- --
11/07/2022 11/07/22 For Sale $199,000 -- $213 / 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 $3,150 $356,571 $170,000 $186,571
2024 $1,929 $217,477 $170,000 $47,477
2023 $1,772 $158,865 $121,500 $37,365
2022 $1,649 $158,865 $121,500 $37,365
2021 $1,586 $158,865 $121,500 $37,365
2020 $1,557 $158,865 $121,500 $37,365
2019 $682 $55,394 $24,000 $31,394
2018 $645 $55,394 $24,000 $31,394
2017 $616 $55,394 $24,000 $31,394
2016 $604 $55,394 $24,000 $31,394
2015 $611 $55,105 $24,000 $31,105
2014 $581 $55,105 $24,000 $31,105
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 10043600

Doorify MLS

APN: 1713.13-14-5980-000