NOT LISTED FOR SALE

Estimated Value: $762,000 - $1,013,000

4 Beds
2 Baths
2,435 Sq Ft
$361/Sq Ft Est. Value

Last Sold October 07, 2021

Last sale price $557,000 $229 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $5,405/month

5 Days on Market

Highlights

  • Family Room with Fireplace
  • Traditional Architecture
  • Attic
  • Lacy Elementary Rated A
  • Wood Flooring
  • 4-minute walk to Jaycee Park

About This Home

As of October 2021

Everything you're looking for conveniently located near the Village District, Downtown and NC State! This charming ranch style home sits along Wade Avenue in the heart of ITB Raleigh. Updated features include a newly landscaped and fenced in front yard, a brand new roof and a finished basement. Floor plan includes 4 bedrooms, 2 baths and a flex room. The recently paved driveway extends to the back allowing plenty of parking space. Don't miss this opportunity at an ITB move-in ready destination!

Last Listed By

Marisa Gerard

Dogwood Properties License #328661 Listed on: 08/24/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,270

Year Built

  • Built in 1955

Lot Details

  • 0.39 Acre Lot
  • Lot Dimensions are 80 x 222 x 80 x 218
  • Fenced Yard
  • Landscaped
  • Property is zoned R-4

Home Design

  • Traditional Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1-Story Property
  • Smooth Ceilings
  • Ceiling Fan
  • Wood Burning Fireplace
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room
  • Dining Room
  • Storage
  • Laundry closet
  • Basement
  • Fireplace in Basement
  • Fire and Smoke Detector
  • Granite Countertops
  • Attic

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Walk-in Shower

Parking

  • Garage
  • Rear-Facing Garage
  • Private Driveway

Outdoor Features

  • Covered patio or porch
  • Rain Gutters

Schools

  • Lacy Elementary School
  • Martin Middle School
  • Broughton High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • Wade Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,270

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Year Built: 1955
  • Prop. Type: Residential
  • Reso Association Fee Includes: None
  • Subdivision Name: Wade
  • Above Grade Finished Sq Ft: 1261.0
  • Architectural Style: Traditional
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Contract Information Ownership Type: Other
  • General Property Information Above Grade Unfinished Area: 523.0
  • General Property Information Total Unfinished Area2: 523.0
  • General Property Information Lot Size Dimensions: 80 x 222 x 80 x 218
  • General Property Information Association Fee Required YN: No
  • General Property Information Basement YN: Yes
  • General Property Information Fireplace YN: Yes
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Levels One: Yes
  • Security Features Smoke Detector(s): Yes
  • Sewer:Public Sewer: Yes
  • Structure Type Site Built: Yes
  • Water Source Public: Yes
  • Flooring Hardwood: Yes
  • Interior Features Smooth Ceilings: Yes
  • Room Types Bedroom 2 Level: M
  • Room Types Bedroom 3 Level: M
  • Room Types Bedroom 4 Level: B
  • Room Types Dining Room2: Yes
  • Room Types Family Room2: Yes
  • Architectural Style Traditional: Yes
  • Room Types Primary Bedroom Level: M
  • Room Types Living Room2: Yes
  • Laundry Features Laundry Closet: Yes
  • General Property Information Above Grade Finished Area: 1261.0
  • General Property Information Below Grade Finished Area: 1174.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 16988.4
  • General Property Information Lot Size Acres: 0.39
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Hardwood, Tile
  • Interior Amenities: Ceiling Fan(s), Granite Counters, Smooth Ceilings, Storage, Walk-In Closet(s), Walk-In Shower
  • Appliances: Gas Water Heater
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 1174.0
  • Fireplace Features: Basement, Family Room, Wood Burning
  • Fireplaces: 2
  • Total Bedrooms: 9
  • Interior Features:Ceiling Fan(s)2: Yes
  • Interior Features:Granite Counters: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Walk-In Shower: Yes
  • Fireplace Features:Family Room: Yes
  • Interior Features:Storage3: Yes
  • Appliances:Gas Water Heater: Yes
  • Fireplace Features:Wood Burning: Yes
  • Attic Features:Walk-In Attic: Yes
  • Fireplace Features:Basement: Yes
  • Fireplace Features:Fireplaces Total: 2

Exterior Features

  • Exterior Features: Fenced Yard, Rain Gutters
  • Acres: 0.39
  • Construction Type: Brick
  • Patio And Porch Features: Covered, Porch
  • Exterior Features:Rain Gutters: Yes
  • Lot Features:Landscaped: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Covered2: Yes
  • Exterior Features:Fenced - Yard: Yes
  • Construction Materials:Brick: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Asphalt, Driveway, Garage Faces Rear
  • Parking Features:Driveway: Yes
  • Parking Features:Asphalt2: Yes
  • Parking Features:Garage Faces Rear: Yes

Utilities

  • Heating: Forced Air, Natural Gas
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

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

Lot Info

  • Zoning: R-4
  • Lot Dimensions: 80 x 222 x 80 x 218
  • Lot Size Sq Ft: 16988.4
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3270.0
  • Tax Year: 2021

MLS Schools

  • Elementary School: Wake - Lacy

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 24, 2021
Closed on
Oct 7, 2021
Sold by
Montague Properties Llc
Bought by
Edwards Rebecca
Seller's Agent
Marisa Gerard
Dogwood Properties
Buyer's Agent
Marisa Gerard
Dogwood Properties
List Price
$550,000
Sold Price
$557,000
Premium/Discount to List
$7,000
1.27%
Total Days on Market
5
Current Estimated Value
$879,980

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$322,980
Avg. Annual Appreciation
13.79%
Original Mortgage
$445,000
Outstanding Balance
$410,176
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$469,804

Purchase Details

Closed on
Feb 27, 2017
Sold by
Soucy Alexander M and Soucy Holland E
Bought by
Montague Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,189
Interest Rate
4.09%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 14, 2001
Sold by
Lautato Theresa Ann
Bought by
Welty Lester F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,000
Interest Rate
7.19%

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
Edwards Rebecca $557,000 None Available
Montague Properties Llc $276,000 None Available
Welty Lester F $195,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Edwards Rebecca $445,000
Previous Owner Montague Properties Llc $250,000
Previous Owner Montague Properties Llc $272,189
Previous Owner Welty Lester F $136,000
Previous Owner Welty Lester F $158,800
Previous Owner Welty Lester F $156,000
Closed Welty Lester F $29,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2023 12/15/23 Off Market $557,000 -- --
10/07/2021 10/07/21 Sold $557,000 +1.3% $229 / Sq Ft
08/29/2021 08/29/21 Pending -- -- --
08/24/2021 08/24/21 For Sale $550,000 -- $226 / 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 $6,037 $692,789 $432,000 $260,789
2023 $5,004 $457,252 $240,000 $217,252
2022 $4,650 $457,252 $240,000 $217,252
2021 $3,270 $334,056 $240,000 $94,056
2020 $3,211 $334,056 $240,000 $94,056
2019 $3,241 $277,900 $160,000 $117,900
2018 $3,056 $277,900 $160,000 $117,900
2017 $2,785 $265,753 $160,000 $105,753
2016 $2,727 $265,753 $160,000 $105,753
2015 $2,435 $233,233 $129,800 $103,433
2014 -- $233,233 $129,800 $103,433
Source: Public Records

Agents Affiliated with this Home

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Source: Doorify MLS

MLS Number: 2403711

Doorify MLS

APN: 0794.12-86-5566-000