5125 Simmons Branch Trail Raleigh, NC 27606
Highlights
- Wood Flooring
- Cottage
- Private Driveway
- Farmington Woods Elementary Rated A
- Forced Air Heating and Cooling System
- Stacked Washer and Dryer
About This Home
As of October 20245125 & 5127 Simmons Branch is a ''zero-lot-line'' duplex featuring two, town home-style units on separate tax parcels. This offers investors the opportunity to acquire a rental investment property with the ability to resale the town home units individually. Each unit features 3-beds and 3-baths of 1,244 SF. Unit 5125 is rented at $1,600, with the lease expiring 1/31/25. Unit 5127 is rented for $1,600 with a move in date of 6/1/24 and lease expiration of 5/30/25. The roof was replaced in 2021 and both units feature recent updates. See documents for a complete list of improvements and replacements. The owner is also selling the duplexes at 5128/5130 Lundy and 5138/5140 Lundy Drive. Information about these additional properties can be found in the documents folder. The properties can be purchased as individual duplexes, or as a package.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,363
Year Built
- Built in 1986
Lot Details
- 9,148 Sq Ft Lot
Home Design
- Cottage
- Brick Foundation
- Shingle Roof
- Masonite
Interior Spaces
- 2,488 Sq Ft Home
- 2-Story Property
- Stacked Washer and Dryer
Kitchen
- Range
- Dishwasher
Flooring
- Wood
- Carpet
- Luxury Vinyl Tile
- Vinyl
Bedrooms and Bathrooms
- 6 Bedrooms
- 6 Full Bathrooms
Parking
- Private Driveway
- 2 Open Parking Spaces
- Off-Street Parking
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Water Heater
Community Details
- 2 Units
- Simmons Branch Townhomes Subdivision
Listing and Financial Details
- Tenant pays for electricity, water
- Assessor Parcel Number 0783382534
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/17/2024 10/17/24 | Sold | $530,000 | +2.9% | $213 / Sq Ft |
| 05/31/2024 05/31/24 | Pending | -- | -- | -- |
| 05/20/2024 05/20/24 | For Sale | $515,000 | -- | $207 / Sq Ft |
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 | $2,153 | $245,577 | $80,000 | $165,577 |
| 2023 | $1,364 | $123,259 | $30,000 | $93,259 |
| 2022 | $1,268 | $123,259 | $30,000 | $93,259 |
| 2021 | $1,219 | $123,259 | $30,000 | $93,259 |
| 2020 | $1,197 | $123,259 | $30,000 | $93,259 |
| 2019 | $1,331 | $113,134 | $36,000 | $77,134 |
| 2018 | $1,256 | $113,134 | $36,000 | $77,134 |
| 2017 | $1,197 | $113,134 | $36,000 | $77,134 |
| 2016 | $1,173 | $113,134 | $36,000 | $77,134 |
| 2015 | $1,115 | $105,745 | $40,000 | $65,745 |
| 2014 | $1,058 | $105,745 | $40,000 | $65,745 |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $125,000 | New Conventional | |
| Previous Owner | $72,000 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $81,600 | Fannie Mae Freddie Mac | |
| Previous Owner | $69,400 | Unknown |
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $265,000 | None Listed On Document | |
| Warranty Deed | $612,000 | None Available | |
| Warranty Deed | $521,000 | -- |
Source: Doorify MLS
MLS Number: 10030476
APN: 0783.06-38-2534-000
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