NOT LISTED FOR SALE

801 New Bern Ave Unit 5 Raleigh, NC 27601

Oakwood Neighborhood
1 Bed
1 Bath
889 Sq Ft
0.25 Acres

About This Home

This home is located at 801 New Bern Ave Unit 5, Raleigh, NC 27601. 801 New Bern Ave Unit 5 is a home located in Wake County with nearby schools including Powell Elementary, Ligon Magnet Middle School, and Broughton Magnet High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 14, 2024
Sold by
Qureshi Mustafa Qayyum and Malik Ayesha
Bought by
Fazli Nasratullah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$391,200
Outstanding Balance
$387,471
Interest Rate
6.35%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 13, 2024
Sold by
Rr 801Nb Llc
Bought by
Devine Michael Scott

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$391,200
Outstanding Balance
$387,471
Interest Rate
6.35%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 5, 2024
Sold by
Rr 801Nb Llc
Bought by
Qureshi Mustafa Qayyum

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$356,100
Interest Rate
6.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 2, 2024
Sold by
Rr 801Nb Llc
Bought by
Payne Thomas Alan and Payne John Charles

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$356,100
Interest Rate
6.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 26, 2024
Sold by
Adams R L
Bought by
Rr 801Nb Llc

Purchase Details

Closed on
Sep 26, 2019
Sold by
Five Horizons Llc
Bought by
801 New Bern Development Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$981,500
Interest Rate
3.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 16, 2019
Sold by
Domus Trajan Llc
Bought by
Five Horizons Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$981,500
Interest Rate
3.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 15, 2004
Sold by
Joyner Barney G and Joyner Phyllis M
Bought by
Joyner David Lee and Joyner Phyllis M
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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Quantarium

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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
Fazli Nasratullah $489,000 None Listed On Document
Devine Michael Scott $569,000 None Listed On Document
Qureshi Mustafa Qayyum $419,000 None Listed On Document
Park Michael $419,000 None Listed On Document
Payne Thomas Alan $429,000 None Listed On Document
Payne Thomas Alan $429,000 None Listed On Document
Rr 801Nb Llc $6,500,000 None Listed On Document
801 New Bern Development Llc $1,510,000 None Listed On Document
Five Horizons Llc $825,000 Market Title Company Llc
Five Horizons Llc $825,000 None Listed On Document
Joyner David Lee -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fazli Nasratullah $391,200
Closed Devine Michael Scott $551,930
Previous Owner Park Michael $356,100
Previous Owner Park Michael $314,250
Previous Owner Payne Thomas Alan $343,200
Previous Owner 801 New Bern Development Llc $981,500
Source: Public Records

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 $31,137 -- -- --
2024 $31,137 $3,585,168 $653,400 $2,931,768
2023 $4,273 $392,040 $392,040 $0
2022 $13,701 $392,040 $392,040 $0
2021 $3,815 $392,040 $392,040 $0
2020 $9,733 $1,006,337 $529,268 $477,069
Source: Public Records

Map

North Carolina Wake County Raleigh 27601 Oakwood

801 New Bern Ave Unit 5, Raleigh, NC

This home is located at 801 New Bern Ave Unit 5, Raleigh, NC 27601. 801 New Bern Ave Unit 5 is a home located in Wake County with nearby schools including Powell Elementary, Ligon Magnet Middle School, and Broughton Magnet High School.

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