NOT LISTED FOR SALE

923 Ranch Farm Rd Raleigh, NC 27603

Estimated Value: $225,000 - $302,343

3 Beds
1 Bath
1,387 Sq Ft
$203/Sq Ft Est. Value

Last Sold June 27, 2022

Last sale price $208,500 $150 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $1,672/month

26 Days on Market

Highlights

  • 0.45 Acre Lot
  • Ranch Style House
  • 1 Fireplace
  • Deck
  • Wood Flooring
  • No HOA

About This Home

As of June 2022

Renovation-ready. Old house on a quiet street, 10-15 minutes to downtown Raleigh in an excellent location. House has been a solid rental property. Current Rent is $1300/mo. Month to Month lease in place. New exterior paint and complete crawlspace overhaul completed Fall 2021. Home needs repairs & updates; built before building codes. No city taxes; located in ETJ. Septic, pumped 2020, Private well, LP gas. Large lot with mature trees, room to play. No HOA. Showings by Appt. Tenant Occupied.

Last Agent to Sell the Property

Angie Bagley

Greystone Management, Inc. License #257544 Listed on: 04/18/2022

Last Buyer's Agent

Michelle Vega

Movil Realty License #291399

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,013

Year Built

  • Built in 1940

Lot Details

  • 0.45 Acre Lot
  • Property is zoned R-20

Parking

  • 1 Carport Space

Home Design

  • Ranch Style House
  • Wood Siding

Interior Spaces

  • 1,387 Sq Ft Home
  • 1 Fireplace
  • Entrance Foyer
  • Family Room
  • Living Room
  • Dining Room
  • Crawl Space

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Deck
  • Porch

Schools

  • Smith Elementary School
  • North Garner Middle School
  • Garner High School

Utilities

  • Heating System Uses Propane

Community Details

  • No Home Owners Association
  • Green Acres Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,013

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Year Built: 1940
  • Prop. Type: Residential
  • Subdivision Name: Green Acres
  • Above Grade Finished Sq Ft: 1387.0
  • Architectural Style: Ranch
  • Carport Y N: Yes
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Contract Information Ownership Type: Other
  • General Property Information Lot Size Dimensions: need survey
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: Yes
  • Architectural Style Ranch: Yes
  • Levels One: Yes
  • Structure Type Site Built: Yes
  • Flooring Hardwood: Yes
  • Room Types Bedroom 2 Level: M
  • Room Types Dining Room2: Yes
  • Room Types Family Room2: Yes
  • Room Types Primary Bedroom Level: M
  • Flooring Vinyl: Yes
  • Room Types Living Room2: Yes
  • General Property Information Above Grade Finished Area: 1387.0
  • General Property Information Carport YN: Yes
  • General Property Information Carport Spaces2: 1.0
  • General Property Information Lot Size Square Feet2: 19602.0
  • General Property Information Lot Size Acres: 0.45
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Hardwood, Vinyl
  • Interior Amenities: Entrance Foyer
  • Basement: Crawl Space
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Total Bedrooms: 5
  • Interior Features:Entrance Foyer: Yes
  • Basement:Crawl Space: Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Acres: 0.45
  • Construction Type: Wood Siding
  • Patio And Porch Features: Deck, Porch
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Deck2: Yes
  • Construction Materials:Wood Siding: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Carport
  • Parking Features:Carport: Yes

Utilities

  • Heating: Propane
  • HeatingYN: Yes
  • Heating:Propane2: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Ninth Grade High School: Wake - Garner
  • Middle Or Junior School: Wake - North Garner

Lot Info

  • Zoning: R-20
  • Lot Dimensions: need survey
  • Lot Size Sq Ft: 19602.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1013.0
  • Tax Year: 2021

MLS Schools

  • Elementary School: Wake - Smith

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 6, 2023
Sold by
Wooten Louis E
Bought by
Nw Real Estate Investments Llc
Current Estimated Value
$281,336

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,100
Outstanding Balance
$167,486
Interest Rate
7.63%
Mortgage Type
New Conventional
Estimated Equity
$113,850

Purchase Details

Listed on
Apr 18, 2022
Closed on
Jun 15, 2022
Sold by
Bagley Angela M
Bought by
Bette Life Group Investments Llc
Seller's Agent
Angie Bagley
Greystone Management, Inc.
Buyer's Agent
Michelle Vega
Movil Realty
List Price
$250,000
Sold Price
$208,500
Premium/Discount to List
-$41,500
-16.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.82%
Original Mortgage
$166,800
Interest Rate
5.3%
Mortgage Type
Construction

Purchase Details

Closed on
Apr 1, 2016
Sold by
The Estate Of Mavis N Bunn
Bought by
Bagley Angela M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,194
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 6, 2003
Sold by
Jordan Brenda B and Jordan John B
Bought by
Bunn Mavis N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,500
Interest Rate
2.85%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
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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
Nw Real Estate Investments Llc $337,940 None Listed On Document
Bette Life Group Investments Llc $208,500 Mccall Law Firm Pc
Bagley Angela M $90,000 None Available
Bunn Mavis N -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nw Real Estate Investments Llc $170,100
Previous Owner Better Life Group Investment L $337,940
Previous Owner Bette Life Group Investments Llc $166,800
Previous Owner Bagley Angela M $105,500
Previous Owner Bagley Angela M $87,194
Previous Owner Bunn Mavis N $151,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2023 12/15/23 Off Market $208,500 -- --
06/27/2022 06/27/22 Sold $208,500 -3.0% $150 / Sq Ft
05/17/2022 05/17/22 Pending -- -- --
05/09/2022 05/09/22 Price Changed $215,000 -14.0% $155 / Sq Ft
05/05/2022 05/05/22 For Sale $250,000 0.0% $180 / Sq Ft
04/29/2022 04/29/22 Pending -- -- --
04/21/2022 04/21/22 For Sale $250,000 -- $180 / 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 $1,810 $288,242 $120,000 $168,242
2023 $1,121 $141,263 $48,000 $93,263
2022 $1,040 $141,263 $48,000 $93,263
2021 $1,013 $141,263 $48,000 $93,263
2020 $996 $141,263 $48,000 $93,263
2019 $912 $109,189 $30,000 $79,189
2018 $839 $109,189 $30,000 $79,189
2017 $796 $109,189 $30,000 $79,189
2016 $781 $109,189 $30,000 $79,189
2015 $407 $111,217 $40,000 $71,217
2014 -- $111,217 $40,000 $71,217
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2443131

Doorify MLS

APN: 1701.13-22-3766-000