$212,000 - $287,000
RENTED MAY 24, 2024

1950 Trailwood Heights Ln Unit 201 Raleigh, NC 27603

South Raleigh Neighborhood
2 Beds
2 Baths
893 Sq Ft
$266 Price per Sq Ft

Last Sold March 12, 2024

Last sale price $225,000 $252 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $1,480/month

About This Home

As of March 2024

Beautiful 2BR/2BA 2nd Floor Condo in Trailwood Heights! The condo features an open living area & kitchen that is great for entertaining! Large primary bedroom with private bathroom! Private balcony with large storage closet! Pool Community! Convenient to NCSU, Downtown, Major Roadways, Shopping and more! *No pets*

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 15, 2023
Closed on
Mar 11, 2024
Sold by
Opendoor Property Trust
Bought by
Elsner Katherine Fischer
Seller's Agent
Thomas Shoupe
Opendoor Brokerage LLC
Buyer's Agent
May Mcmillan Bensen
Berkshire Hathaway HomeService
List Price
$230,000
Sold Price
$225,000
Premium/Discount to List
-$5,000
-2.17%
Views
168
Current Estimated Value
$237,700

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,700
Avg. Annual Appreciation
5.07%
Original Mortgage
$225,000
Outstanding Balance
$222,365
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
$15,335

Purchase Details

Closed on
Nov 22, 2023
Sold by
Sabin Susan and Lorith Richard Thomas
Bought by
Opendoor Property Trust

Purchase Details

Closed on
Mar 12, 2015
Sold by
Edwards Teresa and Edwards Teresa M
Bought by
Lorith Richard Thomas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,612
Interest Rate
3.79%
Mortgage Type
VA

Purchase Details

Closed on
Jul 27, 2006
Sold by
Townsend Robin V and Townsend Marcia
Bought by
Kleitches Teresa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
6.6%
Mortgage Type
Purchase Money Mortgage

Range of Values:

Collateral Analytics

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ICE

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First American

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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
Elsner Katherine Fischer $225,000 None Listed On Document
Opendoor Property Trust $212,500 None Listed On Document
Lorith Richard Thomas $75,000 None Available
Kleitches Teresa M $90,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Elsner Katherine Fischer $225,000
Previous Owner Lorith Richard Thomas $85,000
Previous Owner Lorith Richard Thomas $76,612
Previous Owner Kleitches Teresa M $72,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/24/2024 05/24/24 Rented $1,295 0.0% --
05/10/2024 05/10/24 Price Changed $1,295 -4.1% $1 / Sq Ft
04/16/2024 04/16/24 Price Changed $1,350 -3.6% $2 / Sq Ft
03/19/2024 03/19/24 For Rent $1,400 0.0% --
03/12/2024 03/12/24 Sold $225,000 0.0% $252 / Sq Ft
02/28/2024 02/28/24 Pending -- -- --
02/22/2024 02/22/24 Price Changed $225,000 -0.4% $252 / Sq Ft
02/08/2024 02/08/24 Price Changed $226,000 -0.4% $253 / Sq Ft
01/25/2024 01/25/24 Price Changed $227,000 -1.3% $254 / Sq Ft
12/15/2023 12/15/23 For Sale $230,000 -- $258 / Sq Ft

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 $1,867 $212,687 $0 $212,687
2023 $1,292 $116,675 $0 $116,675
2022 $1,201 $116,675 $0 $116,675
2021 $1,155 $116,675 $0 $116,675
2020 $1,151 $116,675 $0 $116,675
2019 $948 $80,042 $0 $80,042
2018 $895 $80,042 $0 $80,042
2017 $853 $80,042 $0 $80,042
2016 $835 $80,042 $0 $80,042
2015 $976 $92,278 $0 $92,278
2014 $926 $92,278 $0 $92,278
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2024

    Spencer Southern

    Lisa Southern Real Estate

    (919) 800-0880

    1 Total Sale

    Spencer Southern
    Section Image

  • T

    Seller's Agent in 2024

    Thomas Shoupe

    Opendoor Brokerage LLC

    (704) 850-9371

    Thomas Shoupe
    Section Image

  • N

    Seller Co-Listing Agent in 2024

    Nicole Regal

    Opendoor Brokerage LLC

    (704) 419-8789

    Nicole Regal
    Section Image

  • M

    Buyer's Agent in 2024

    May Mcmillan Bensen

    Berkshire Hathaway HomeService

    (919) 740-4530

    1 in this area

    61 Total Sales

    May Mcmillan Bensen
    Section Image
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Map

North Carolina Wake County Raleigh 27603 South Raleigh

1950 Trailwood Heights Ln Unit 201, Raleigh, NC

Homes for Sale in Raleigh, NC

This home is located at 1950 Trailwood Heights Ln Unit 201, Raleigh, NC 27603 and is currently estimated at $237,700, approximately $266 per square foot. 1950 Trailwood Heights Ln Unit 201 is a home located in Wake County with nearby schools including Dillard Drive Magnet Elementary School, Dillard Drive Magnet Middle School, and Adventist Christian Academy of Raleigh.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.