NOT LISTED FOR SALE

Estimated Value: $714,000 - $1,105,000

-- Bed
3 Baths
2,898 Sq Ft
$303/Sq Ft Est. Value

Last Sold June 09, 2023

Last sale price $825,000 $285 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $5,347/month

17 Days on Market

Highlights

  • Wood Flooring
  • Heating System Uses Natural Gas
  • 4-minute walk to Mordecai Historic Park
  • Conn Elementary Rated A-

About This Home

As of June 2023

This beautiful Oakwood gem, nestled in the heart of a historic Raleigh neighborhood. This charming residence boasts the perfect blend of character and modern amenities, offering the best of both worlds. With its prime location, you’ll enjoy easy access to all that downtown Raleigh has to offer. Walk to local shops, cafes, and restaurants, or simply take in the beautiful tree-lined streets that surround this home. PROPERTY HIGHLIGHTS PARCEL ID | 1704828920 SALE PRICE | $900,000 | $225K/ UNIT LOT SIZE | 0.33 BUILDING SIZE | 2,898 SF UNIT 1 | 1BR | 1BA UNIT 2 | 1BR | 1BA UNIT 3 | 1BR | 1BA UNIT 4 | 1BR | 1BA **ALL SHOWINGS REQUIRE 24HR NOTICE UPON LOI SUBMISSION** BROKER IS THE MEMBER OF THE SELLER ENTITY

Last Agent to Sell the Property

Nikita Zhitov

CityPlat License #251529 Listed on: 04/14/2023

Last Buyer's Agent

Sylvain Dufour

Keller Williams Realty License #304661

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,774

Year Built

  • Built in 1925

Parking

  • Off-Street Parking

Home Design

  • Brick Foundation

Flooring

  • Wood
  • Carpet

Schools

  • Conn Elementary School
  • Oberlin Middle School
  • Broughton High School

Utilities

  • No Cooling
  • Heating System Uses Natural Gas

Community Details

  • 4 Units
  • Historic Oakwood Subdivision

Listing and Financial Details

  • The owner pays for electricity, gas, sewer, water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,774

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Year Built: 1925
  • Prop. Type: Residential Income
  • Subdivision Name: Historic Oakwood
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • Flooring Carpet: Yes
  • Flooring Wood: Yes
  • Foundation Details BrickMortar: Yes
  • Cooling None4: Yes
  • General Property Information Carport YN: No
  • General Property Information Number Of Units Total3: 4.0
  • Owner Pays:Sewer2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Combination, Wood

Exterior Features

  • Foundation Details: Brick/Mortar

Garage/Parking

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

Utilities

  • Heating: Natural Gas
  • Cooling: None
  • Cooling Y N: No
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes

Schools

  • Ninth Grade High School: Wake - Broughton
  • Middle Or Junior School: Wake - Oberlin

Rental Info

  • Owner Pays: Electricity, Gas, Sewer, Water

Tax Info

  • Tax Annual Amount: 4774.0

Multi Family

  • Number Of Units Total: 4

MLS Schools

  • Elementary School: Wake - Conn

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 14, 2023
Closed on
Jun 8, 2023
Sold by
Nrcm Partners Llc
Bought by
6Th Sense Llc
Seller's Agent
Nikita Zhitov
CityPlat
Buyer's Agent
Sylvain Dufour
Keller Williams Realty
List Price
$900,000
Sold Price
$825,000
Premium/Discount to List
-$75,000
-8.33%
Views
17
Current Estimated Value
$876,788

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,788
Avg. Annual Appreciation
4.19%

Purchase Details

Closed on
Sep 3, 2021
Sold by
Moon William L and Moon Betty P
Bought by
Nrcm Partners Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Interest Rate
2.7%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jan 1, 1973
Bought by
Moore William L
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
6Th Sense Llc $825,000 None Listed On Document
Nrcm Partners Llc $490,000 None Available
Moore William L $10,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nrcm Partners Llc $480,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/09/2023 06/09/23 Sold $825,000 -8.3% $285 / Sq Ft
05/01/2023 05/01/23 Pending -- -- --
04/14/2023 04/14/23 For Sale $900,000 -- $311 / 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 $7,273 $824,831 $479,700 $345,131
2024 $7,244 $824,831 $479,700 $345,131
2023 $5,339 $482,500 $300,000 $182,500
2022 $4,965 $482,500 $300,000 $182,500
2021 $4,775 $482,500 $300,000 $182,500
2020 $4,689 $482,500 $300,000 $182,500
2019 $5,091 $432,419 $148,800 $283,619
2018 $4,805 $432,419 $148,800 $283,619
2017 $4,578 $432,419 $148,800 $283,619
2016 $4,485 $432,419 $148,800 $283,619
2015 $3,869 $365,887 $150,750 $215,137
2014 $3,672 $365,887 $150,750 $215,137
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2505128

Doorify MLS

APN: 1704.16-82-8920-000