R
Seller's Agent in 2025
Reef Ivey IV
Deaton Investment Real Estate
(919) 995-3111
2 in this area
6 Total Sales
4724 Hoyle Dr Raleigh, NC 27604
Atlantic NeighborhoodEstimated Value: $511,667
8
Beds
4
Baths
3,180
Sq Ft
$161/Sq Ft
Est. Value
Highlights
- Ranch Style House
- Carpet
- Heat Pump System
- Cooling Available
About This Home
As of January 2025Located in Northeast Raleigh, this offering features a one-story quadraplex. Residents are within five minutes of multiple dining, retail, entertainment and employment options as well as Duke Raleigh Hospital. All units have two-bedroom and one-bathroom floorplans with 795 square feet. There is plenty of value to be added and rent growth to realize. The units need work and are currently below market rents. Renovated two-bedroom units of similar size in the neighborhood are renting for $1,300-$1,400 per month. Tenants pay their own utilities. Driveway is shared with the adjacent quad which is also for sale.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,374
Year Built
- Built in 1982
Lot Details
- 0.44 Acre Lot
Home Design
- 3,180 Sq Ft Home
- Ranch Style House
- Brick Foundation
- Shingle Roof
- Masonite
Flooring
- Carpet
- Laminate
- Vinyl
Bedrooms and Bathrooms
- 8 Bedrooms
- 4 Full Bathrooms
Parking
- Parking Lot
- Off-Street Parking
Utilities
- Cooling Available
- Heat Pump System
Community Details
- Pepperdine Subdivision
Listing and Financial Details
- The owner pays for insurance, taxes
- Assessor Parcel Number 1726029636
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 4, 2024
Closed on
Dec 13, 2024
Sold by
Tower Valerie L and Tower Jason M
Bought by
Lakeside Avenue Apartments Llc
Seller's Agent
Reef Ivey IV
Deaton Investment Real Estate
Buyer's Agent
Reef Ivey IV
Deaton Investment Real Estate
List Price
$490,000
Sold Price
$515,500
Premium/Discount to List
$25,500
5.2%
Total Days on Market
6
Views
29
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
-$3,833
Avg. Annual Appreciation
-2.54%
Original Mortgage
$872,500
Outstanding Balance
$871,011
Interest Rate
6.81%
Mortgage Type
Credit Line Revolving
Estimated Equity
-$359,344
Purchase Details
Closed on
Feb 15, 2008
Sold by
Ibrahim Saleh K and Ibrahim Manal
Bought by
Tower Jason M and Tower Valerie L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$214,000
Interest Rate
6.06%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Apr 28, 1998
Sold by
Ibrahim Kamal Saleh and Ibrahim Inaam
Bought by
Ibrahim Saleh K and Ibrahim Manal
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Lakeside Avenue Apartments Llc | $1,031,000 | Tryon Title | |
| Lakeside Avenue Apartments Llc | $1,031,000 | Tryon Title | |
| Tower Jason M | $267,000 | None Available | |
| Ibrahim Saleh K | $165,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Lakeside Avenue Apartments Llc | $872,500 | |
| Closed | Lakeside Avenue Apartments Llc | $872,500 | |
| Previous Owner | Tower Jason M | $201,592 | |
| Previous Owner | Tower Jason M | $214,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/09/2025 01/09/25 | Sold | $515,500 | +5.2% | $162 / Sq Ft |
| 10/10/2024 10/10/24 | Pending | -- | -- | -- |
| 10/04/2024 10/04/24 | For Sale | $490,000 | -- | $154 / 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 | $4,374 | $494,380 | $150,000 | $344,380 |
| 2023 | $3,252 | $291,020 | $60,000 | $231,020 |
| 2022 | $3,027 | $291,020 | $60,000 | $231,020 |
| 2021 | $2,912 | $291,020 | $60,000 | $231,020 |
| 2020 | $2,860 | $291,020 | $60,000 | $231,020 |
| 2019 | $2,800 | $234,677 | $56,000 | $178,677 |
| 2018 | $2,644 | $234,677 | $56,000 | $178,677 |
| 2017 | $2,521 | $234,677 | $56,000 | $178,677 |
| 2016 | $2,471 | $234,677 | $56,000 | $178,677 |
| 2015 | $2,555 | $239,030 | $56,000 | $183,030 |
| 2014 | $2,427 | $239,030 | $56,000 | $183,030 |
Source: Public Records
Agents Affiliated with this Home
-
Reef Ivey IV
-
Thomas Furlow
Seller Co-Listing Agent in 2025
Thomas Furlow
Deaton Investment Real Estate
(919) 847-1117
4 in this area
74 Total Sales
Map
Similar Homes in Raleigh, NC
Source: Doorify MLS
MLS Number: 10056420
APN: 1726.13-02-9636-000
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Some IDX listings have been excluded from this IDX display. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. Listings marked with an icon are provided courtesy of the Doorify MLS, Inc. of North Carolina, Internet Data Exchange Database. Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property. Copyright 2025 Doorify MLS, Inc. of North Carolina. All rights reserved.
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