NOT LISTED FOR SALE

7647 Gresham Hills Dr Unit 101 Raleigh, NC 27615

Estimated Value: $382,000 - $481,000

-- Bed
3 Baths
2,131 Sq Ft
$206/Sq Ft Est. Value

Last Sold August 02, 2022

Last sale price $415,000 $195 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $2,919/month

9 Days on Market

Highlights

  • Forced Air Heating and Cooling System
  • Millbrook High School Rated A-
  • Carpet

About This Home

As of August 2022

Excellent opportunity to purchase well-maintained duplex in great North Raleigh managed community! Fully leased with great rental history – Apt. 101 -$1,010/mo (exp.06/30/23); Apt. 102 - $1,495/mo (exp.06/14/23). Roof was replaced in 2020. Pristine duplex community conveniently located near I-540 with short commute to RDU,RTP and downtown Raleigh!

Last Agent to Sell the Property

Scott Snyder

Raleigh Investment Real Estate License #208686 Listed on: 06/20/2022

Co-Listed By

Diane Murdock

Raleigh Investment Real Estate License #211785

Last Buyer's Agent

Kalpna Patel

Compass -- Raleigh License #284089

Compass -- Raleigh

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,616

Year Built

  • Built in 2002

Lot Details

  • 8,712

Parking

  • Off-Street Parking

Home Design

  • Slab Foundation

Flooring

  • Carpet
  • Vinyl

Schools

  • Durant Road Elementary School
  • Durant Middle School
  • Millbrook High School

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System

Community Details

  • Property has a Home Owners Association
  • 2 Units
  • Gresham Hills Subdivision

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,616

Year Built

Built in 2002

Lot Details

0

Listing Details

  • Year Built: 2002
  • Prop. Type: Residential Income
  • Co List Office Mls Id: 1703
  • Co List Office Phone: 919-794-4104
  • Subdivision Name: Gresham Hills
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Cooling Central Air: Yes
  • Foundation Details Slab: Yes
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • Flooring Carpet: Yes
  • Flooring Vinyl: Yes
  • General Property Information Carport YN: No
  • General Property Information Number Of Units Total3: 2.0
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Vinyl

Exterior Features

  • Foundation Details: Slab

Garage/Parking

  • Attached Garage: No
  • Parking Features: Off Street
  • Parking Features:Off 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

  • Association Fee Frequency: Annually
  • Association: Yes

Association/Amenities

  • General Property Information:Association Fee Frequency: Annually

Schools

  • Ninth Grade High School: Wake - Millbrook
  • Middle Or Junior School: Wake - Durant

Rental Info

  • Owner Pays: None

Tax Info

  • Tax Annual Amount: 2616.0

Multi Family

  • Number Of Units Total: 2

MLS Schools

  • Elementary School: Wake - Durant Road

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 20, 2022
Closed on
Jul 28, 2022
Sold by
Leaver Jason A and Leaver Ann Cynthia
Bought by
Ho Kiet Anh
Seller's Agent
Scott Snyder
Raleigh Investment Real Estate
Buyer's Agent
Kalpna Patel
Compass -- Raleigh
List Price
$465,000
Sold Price
$415,000
Premium/Discount to List
-$50,000
-10.75%
Current Estimated Value
$473,036

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,036
Avg. Annual Appreciation
4.46%
Original Mortgage
$311,250
Outstanding Balance
$300,100
Interest Rate
5.78%
Mortgage Type
New Conventional
Estimated Equity
$173,104

Purchase Details

Closed on
Mar 15, 2008
Sold by
Leaver Jason A
Bought by
Mvi Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,000
Interest Rate
6.06%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 7, 2008
Sold by
Mvi Llc
Bought by
Leaver Jason A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,000
Interest Rate
6.06%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 26, 2005
Sold by
Wahlbrink Leon and Wahlbrink Ann R
Bought by
Mvi Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,320
Interest Rate
1.4%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jul 19, 2002
Sold by
J W Hunter Construction Inc
Bought by
Wahlbrink Leon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,400
Interest Rate
6.67%
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Ho Kiet Anh $415,000 South John B
Mvi Llc -- None Available
Leaver Jason A -- None Available
Mvi Llc $193,000 None Available
Wahlbrink Leon $185,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ho Kiet Anh $311,250
Previous Owner Leaver Jason $18,000
Previous Owner Leaver Jason $159,000
Previous Owner Mvi Llc $154,320
Previous Owner Wahlbrink Leon $91,000
Previous Owner Wahlbrink Leon $129,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/14/2023 12/14/23 Off Market $415,000 -- --
08/02/2022 08/02/22 Sold $415,000 -10.8% $195 / Sq Ft
06/29/2022 06/29/22 Pending -- -- --
06/20/2022 06/20/22 For Sale $465,000 -- $218 / 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 $3,666 $417,444 $120,000 $297,444
2023 $2,925 $264,722 $70,000 $194,722
2022 $2,720 $264,722 $70,000 $194,722
2021 $2,616 $264,722 $70,000 $194,722
2020 $2,569 $264,722 $70,000 $194,722
2019 $2,550 $216,556 $70,000 $146,556
2018 $2,406 $216,556 $70,000 $146,556
2017 $2,293 $216,556 $70,000 $146,556
2016 $2,246 $216,556 $70,000 $146,556
2015 $2,258 $214,232 $68,200 $146,032
2014 -- $214,232 $68,200 $146,032
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2022

    Scott Snyder

    Raleigh Investment Real Estate

    (919) 271-0284

    10 Total Sales

    Section Image

  • D

    Seller Co-Listing Agent in 2022

    Diane Murdock

    Raleigh Investment Real Estate

    (919) 368-3077

    21 Total Sales

    Section Image
  • Kalpna Patel

    Buyer's Agent in 2022

    Kalpna Patel

    Compass -- Raleigh

    (919) 888-9984

    100 Total Sales

    Section Image

  • K

    Buyer's Agent in 2022

    Kalpna Jean Patel

    ERA Live Moore

See All Agents

Map

Source: Doorify MLS

MLS Number: 2457049

Doorify MLS

APN: 1727.05-17-7997-000

North Carolina Wake County Raleigh 27615

7647 Gresham Hills Dr Unit 101, Raleigh, NC

This home is located at 7647 Gresham Hills Dr Unit 101, Raleigh, NC 27615 since 20 June 2022 and is currently estimated at $439,513, approximately $206 per square foot. This property was built in 2002. 7647 Gresham Hills Dr Unit 101 is a home located in Wake County with nearby schools including Durant Road Elementary, Durant Road Middle, and Millbrook 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.

Doorify MLS Some IDX listings have been excluded from this IDX display. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. Listings marked with an icon are provided courtesy of the Doorify MLS, Inc. of North Carolina, Internet Data Exchange Database. Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property. Copyright 2025 Doorify MLS, Inc. of North Carolina. All rights reserved.

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