$331,000
SOLD AUG 15, 2022

8326 Ray Rd Raleigh, NC 27613

2 Beds
1 Bath
1,040 Sq Ft
0.69 Acres

Recently Sold

$318 Per Sq Ft

18% Above List Price

2 Days on Market

Highlights

  • No HOA
  • Bungalow
  • Baseboard Heating
  • Cooling System Mounted In Outer Wall Opening
  • 1-Story Property

About This Home

As of June 2023

An investors dream! .69 acres located in beautiful Raleigh. Home was rented for the last year.

Last Agent to Sell the Property

Crystal Wall

ERA Strother Real Estate #5 License #320582 Listed on: 06/14/2022

ERA Strother Real Estate #5

Last Buyer's Agent

Angel Garcia

Divine Realty & Auction Group License #267283

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,341

Year Built

  • Built in 1960

Lot Details

  • 0.69 Acre Lot
  • Lot Dimensions are 118x83x123x46x23x101x266
  • Property is zoned R-4

Parking

  • Gravel Driveway

Home Design

  • Bungalow
  • Vinyl Siding

Interior Spaces

  • 1,040 Sq Ft Home
  • 1-Story Property
  • Laminate Flooring
  • Crawl Space

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

  • Lead Mine Elementary School
  • Carroll Middle School
  • Sanderson High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Window Unit Cooling System
  • Heating System Uses Natural Gas
  • Heating System Uses Propane
  • Baseboard Heating
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,341

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Year Built: 1960
  • Prop. Type: Residential
  • Subdivision Name: Not in a Subdivision
  • Above Grade Finished Sq Ft: 1040.0
  • Architectural Style: Bungalow
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Contract Information Ownership Type: Other
  • General Property Information Lot Size Dimensions: 118x83x123x46x23x101x266
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: No
  • Levels One: Yes
  • Structure Type Site Built: Yes
  • Water Source Public: Yes
  • Room Types Primary Bedroom Level: M
  • Architectural Style Bungalow: Yes
  • Flooring Laminate: Yes
  • Cooling Wall Unit(s): Yes
  • General Property Information Above Grade Finished Area: 1040.0
  • General Property Information Carport YN: No
  • Cooling Window Unit(s): Yes
  • General Property Information Lot Size Square Feet2: 30056.4
  • General Property Information Lot Size Acres: 0.69
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Laminate
  • Basement: Crawl Space
  • Appliances: Electric Water Heater
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Total Bedrooms: 5
  • Basement:Crawl Space: Yes
  • Appliances:Electric Water Heater: Yes

Exterior Features

  • Acres: 0.69
  • Construction Type: Vinyl Siding
  • Construction Materials:Vinyl Siding: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Driveway, Gravel
  • Parking Features:Driveway: Yes
  • Parking Features:Gravel: Yes

Utilities

  • Heating: Baseboard, Natural Gas, Propane
  • Cooling: Wall Unit(s), Window Unit(s)
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Sewer Septic Tank: Yes
  • Heating:Propane2: Yes
  • Heating:Baseboard: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Ninth Grade High School: Wake - Sanderson
  • Middle Or Junior School: Wake - Carroll

Lot Info

  • Zoning: R-4
  • Lot Dimensions: 118x83x123x46x23x101x266
  • Lot Size Sq Ft: 30056.4
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1341.0
  • Tax Year: 2021

MLS Schools

  • Elementary School: Wake - Lead Mine

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2022
Closed on
Aug 12, 2022
Sold by
Robert Broadie Derrick and Robert Darlene Ave
Bought by
Lebel Roger A and Lebel Lisa R
Seller's Agent
Crystal Wall
ERA Strother Real Estate #5
Buyer's Agent
Angel Garcia
Divine Realty & Auction Group
List Price
$280,000
Sold Price
$331,000
Premium/Discount to List
$51,000
18.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.93%

Purchase Details

Listed on
Jun 14, 2022
Closed on
Jul 18, 2022
Sold by
Randall Morgan Bruce
Bought by
Harrington Sheila and Morgan Elvis Carl
Seller's Agent
Crystal Wall
ERA Strother Real Estate #5
Buyer's Agent
Angel Garcia
Divine Realty & Auction Group
List Price
$280,000
Sold Price
$331,000
Premium/Discount to List
$51,000
18.21%

Purchase Details

Closed on
Jul 3, 2017
Sold by
Broodie Ola Mae Evans
Bought by
Broadie Ola Mae Evans and Broadie Derrick B

Purchase Details

Closed on
May 17, 2007
Sold by
Morgan Bruce R and Greenlee Tabitha
Bought by
Morgan Eluis Junicus

Purchase Details

Closed on
Oct 13, 2004
Sold by
Morgan Elvis Junious
Bought by
Morgan Bruce R and Greenlee Tabitha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
5.67%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 19, 2000
Sold by
Morgan Zuleen Webster and Morgan Elvis Junious
Bought by
Martin June Christopher and Martin Carmen Taylor
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $331,000 Law Office Of Jonathan Richard
Deed -- None Listed On Document
Interfamily Deed Transfer -- None Available
Quit Claim Deed -- None Available
Interfamily Deed Transfer -- --
Warranty Deed $37,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $85,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2025 07/15/25 Price Changed $375,000 0.0% --
07/15/2025 07/15/25 For Sale $375,000 -6.0% --
02/05/2025 02/05/25 Off Market $399,000 -- --
12/29/2024 12/29/24 For Sale $399,000 +30.8% --
12/15/2023 12/15/23 Off Market $305,000 -- --
12/15/2023 12/15/23 Off Market $331,000 -- --
06/29/2023 06/29/23 Sold $305,000 -6.2% $293 / Sq Ft
06/05/2023 06/05/23 Pending -- -- --
05/27/2023 05/27/23 Price Changed $325,000 -7.1% $313 / Sq Ft
04/29/2023 04/29/23 For Sale $350,000 +5.7% $337 / Sq Ft
08/15/2022 08/15/22 Sold $331,000 +18.2% $318 / Sq Ft
06/16/2022 06/16/22 Pending -- -- --
06/14/2022 06/14/22 For Sale $280,000 -- $269 / 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 $1,170 $188,370 $188,370 $0
2023 $1,119 $143,520 $143,520 $0
2022 $1,378 $188,017 $143,520 $44,497
2021 $660 $188,017 $143,520 $44,497
2020 $1,319 $188,017 $143,520 $44,497
2019 $1,291 $155,663 $122,128 $33,535
2018 $1,188 $155,663 $122,128 $33,535
2017 $1,127 $155,663 $122,128 $33,535
2016 $720 $155,663 $122,128 $33,535
2015 -- $198,210 $168,062 $30,148
2014 $1,324 $198,210 $168,062 $30,148
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2455828

Doorify MLS

APN: 0788.20-81-6260-000