SOLD DEC 28, 2021
RENTED JUN 29, 2025
5131 Lundy Dr Raleigh, NC 27606
--
Bed
--
Bath
918
Sq Ft
1965
Built
Highlights
- Wood Flooring
- Central Air
- Heating Available
- Farmington Woods Elementary Rated A
About This Home
As of December 2021Excellent investment opportunity! All brick, ranch duplex convenient to all the Triangle has to offer! Identical floor plan on each side, 2BR/1BA, with a beautiful exposed brick wall in the living room and bedroom. Large fenced yard on each side. New roof; refinished hardwoods; updated appliances. Google fiber. Prime location: Close to NCSU, I-40, I-440, Art Museum, Rex Hospital, Crossroads shopping center. 10 min to downtown Cary; 15 to downtown Raleigh. Fully leased: $2,550 combined rent. No HOA.
Last Agent to Sell the Property
Cameron Boyette
Keller Williams Legacy License #287833 Listed on: 09/29/2021
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,468
Year Built
- Built in 1965
Home Design
- Brick Exterior Construction
Flooring
- Wood
- Laminate
- Tile
- Luxury Vinyl Tile
Basement
- Crawl Space
Parking
- 2 Parking Spaces
- Off-Street Parking
Schools
- Farmington Woods Elementary School
- Martin Middle School
- Athens Dr High School
Utilities
- Central Air
- Heating Available
Community Details
Overview
- 2 Units
- Fairview Hills Subdivision
Building Details
- Gross Income $2,550
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 29, 2021
Closed on
Dec 20, 2021
Sold by
Mahamoudi Ethani and Boyett Cameron
Bought by
Aim Raleigh Properties Llc
Seller's Agent
Cameron Boyette
Keller Williams Legacy
Buyer's Agent
Lori Boyle
Fathom Realty NC, LLC
List Price
$575,000
Sold Price
$540,000
Premium/Discount to List
-$35,000
-6.09%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,878
Avg. Annual Appreciation
1.47%
Purchase Details
Closed on
Jul 25, 2016
Sold by
Whitehorne Leslie P and Whitehorne Charles
Bought by
Mahmoui Elham
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$181,649
Interest Rate
3.75%
Mortgage Type
FHA
Purchase Details
Closed on
Jul 21, 2016
Sold by
Whitehorne Leslie P and Whitehorne Charles
Bought by
Mahmoui Elham
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$181,649
Interest Rate
3.75%
Mortgage Type
FHA
Purchase Details
Closed on
Oct 30, 2009
Sold by
Johnson Lynn B and Johnson Phyllis H
Bought by
Payne Leslie F
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,785
Interest Rate
5.04%
Mortgage Type
FHA
Purchase Details
Closed on
May 9, 2008
Sold by
The Lynn & Arlene Johnson Trust
Bought by
Johnson Lynn B and Johnson Ii Lynn R Bythan
Purchase Details
Closed on
Jan 16, 2007
Sold by
Johnson Arlene Hewitt
Bought by
The Lynn & Arlene Johnson Trust
Purchase Details
Closed on
Sep 11, 2006
Sold by
Johnson Lynn Bythan and Johnson Arlene H
Bought by
Johnson Lynn B and Johnson Arlene Hewitt
Similar Homes in Raleigh, NC
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $540,000 | None Available | |
| Warranty Deed | -- | None Available | |
| Warranty Deed | -- | None Available | |
| Warranty Deed | $172,000 | None Available | |
| Warranty Deed | -- | None Available | |
| Warranty Deed | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $103,000 | New Conventional | |
| Previous Owner | $181,649 | FHA | |
| Previous Owner | $181,649 | FHA | |
| Previous Owner | $168,785 | FHA |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/29/2025 06/29/25 | Rented | $1,395 | 0.0% | -- |
| 06/13/2025 06/13/25 | Under Contract | -- | -- | -- |
| 06/09/2025 06/09/25 | Price Changed | $1,395 | -3.8% | $2 / Sq Ft |
| 05/12/2025 05/12/25 | For Rent | $1,450 | 0.0% | -- |
| 12/14/2023 12/14/23 | Off Market | $540,000 | -- | -- |
| 12/28/2021 12/28/21 | Sold | $540,000 | -6.1% | $588 / Sq Ft |
| 11/11/2021 11/11/21 | Pending | -- | -- | -- |
| 09/29/2021 09/29/21 | For Sale | $575,000 | -- | $626 / Sq Ft |
Source: Doorify MLS
Tax History Compared to Growth
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 | $3,904 | $444,847 | $145,000 | $299,847 |
| 2023 | $2,761 | $249,594 | $100,000 | $149,594 |
| 2022 | $2,567 | $249,594 | $100,000 | $149,594 |
| 2021 | $2,469 | $249,594 | $100,000 | $149,594 |
| 2020 | $2,424 | $249,594 | $100,000 | $149,594 |
| 2019 | $2,051 | $173,532 | $70,000 | $103,532 |
| 2018 | $1,936 | $173,532 | $70,000 | $103,532 |
| 2017 | $1,845 | $173,532 | $70,000 | $103,532 |
| 2016 | $1,808 | $173,532 | $70,000 | $103,532 |
| 2015 | $1,770 | $167,032 | $62,000 | $105,032 |
| 2014 | $1,680 | $167,032 | $62,000 | $105,032 |
Source: Public Records
Agents Affiliated with this Home
-
Brian Schambs
B
Seller's Agent in 2025
Brian Schambs
SCHAMBS PROPERTY MANAGEMENT GROUP, INC.
(919) 803-7789
3 Total Sales
-
C
Seller's Agent in 2021
Cameron Boyette
Keller Williams Legacy
-
Lori Boyle
Buyer's Agent in 2021
Lori Boyle
Fathom Realty NC, LLC
(919) 539-2123
21 Total Sales
Map
Source: Doorify MLS
MLS Number: 2410557
APN: 0783.06-38-1332-000
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