PENDING
$48K PRICE DROP
5612 Preston Place Raleigh, NC 27604
Estimated payment $1,471/month
Total Views
8,503
3
Beds
2.5
Baths
1,506
Sq Ft
$154
Price per Sq Ft
Highlights
- Contemporary Architecture
- Central Air
- Heat Pump System
- 2 Car Attached Garage
- Carpet
- 1-Story Property
About This Home
Check out this house in a great community bordering Milburnie Park and the Neuse River. This is a court-ordered sale and the contract is now in the 10-day upset bid process at the courthouse. The seller (Commissioner) has never lived in the house and makes no representations as to the condition of the property. This is a completely as-is sale and the seller will not renegotiate repairs or financial concessions.
Maps show that his property is included in the 500 year flood plain. A lender has stated that flood insurance would be ''recommended, but not required.''
Case 23SP002442-910 - Minimum bid: $231,525; Deposit amount: $11,576.25. 10-day upset bid period ends 2/17/25
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,925
Year Built
- Built in 1995
Lot Details
- 9,148 Sq Ft Lot
HOA Fees
- $19 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- 2 Open Parking Spaces
Home Design
- Contemporary Architecture
- Slab Foundation
- Shingle Roof
- Vinyl Siding
Interior Spaces
- 1,506 Sq Ft Home
- 1-Story Property
- Carpet
Bedrooms and Bathrooms
- 3 Bedrooms
Schools
- Beaverdam Elementary School
- River Bend Middle School
- Knightdale High School
Utilities
- Central Air
- Heat Pump System
Community Details
- Association fees include unknown
- Beachwood HOA, Phone Number (919) 403-1400
- Beachwood Subdivision
Listing and Financial Details
- Auction
- Assessor Parcel Number 1734776140
Map
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Home Values in the Area
Average Home Value in this Area
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 | $1,925 | $306,797 | $80,000 | $226,797 |
| 2023 | $1,626 | $206,013 | $40,000 | $166,013 |
| 2022 | $1,508 | $206,013 | $40,000 | $166,013 |
| 2021 | $1,468 | $206,013 | $40,000 | $166,013 |
| 2020 | $1,444 | $206,013 | $40,000 | $166,013 |
| 2019 | $1,350 | $162,794 | $30,000 | $132,794 |
| 2018 | $1,242 | $162,794 | $30,000 | $132,794 |
| 2017 | $1,177 | $162,794 | $30,000 | $132,794 |
| 2016 | $1,154 | $162,794 | $30,000 | $132,794 |
| 2015 | $1,162 | $164,363 | $30,000 | $134,363 |
| 2014 | $1,102 | $164,363 | $30,000 | $134,363 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/10/2025 02/10/25 | Price Changed | $231,525 | +5.0% | $154 / Sq Ft |
| 01/28/2025 01/28/25 | Price Changed | $220,500 | -8.1% | $146 / Sq Ft |
| 01/24/2025 01/24/25 | Pending | -- | -- | -- |
| 01/21/2025 01/21/25 | Price Changed | $240,000 | -7.7% | $159 / Sq Ft |
| 01/08/2025 01/08/25 | Price Changed | $260,000 | -7.1% | $173 / Sq Ft |
| 12/19/2024 12/19/24 | For Sale | $280,000 | -- | $186 / Sq Ft |
Source: Doorify MLS
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $130,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $125,329 | VA | |
| Closed | $134,770 | VA | |
| Closed | $130,500 | VA | |
| Previous Owner | $26,300 | Credit Line Revolving |
Source: Public Records
Similar Homes in Raleigh, NC
Source: Doorify MLS
MLS Number: 10067829
APN: 1734.02-77-6140-000
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