$660,000
SOLD MAR 19, 2025
4 Beds
6 Baths
2,452 Sq Ft
0.38 Acres

Recently Sold

$269 Per Sq Ft

1% Below List Price

6 Days on Market

Highlights

  • Wooded Lot
  • Outdoor Gas Grill
  • Central Heating and Cooling System
  • Transitional Architecture
  • Luxury Vinyl Tile Flooring
  • Private Driveway

About This Home

As of March 2025

Introducing an incredible opportunity to own a fully furnished, renovated, and well-maintained duplex in a prime North Raleigh location! 5905 & 5907 Applewood Lane offers versatile living options, whether you're looking to ''house-hack'' by living in one side and renting out the other, seeking a home with a flexible layout that accommodates multiple household arrangements, or investing in a high-demand rental property.

Each side of the duplex features two spacious upstairs bedrooms, each with an ensuite bath, while the main level boasts a bright and open living room, a half bath, and a multifunctional eat-in kitchen. Step outside to enjoy the new back decks, updated in 2023, with peaceful forest views. Each unit also includes a private off-street driveway with space for two vehicles and a new roof installed in 2023.

This property has been successfully rented as both a mid-term and short-term rental, and the sale includes all furnishings, kitchenware, and linens (if desired by the buyer), making for a seamless, move-in-ready experience.

Be sure to check out our Features List for a full breakdown of the thoughtful updates throughout and other docs/disclosures for profit & loss information from the owners. Don't miss this exceptional North Raleigh opportunity—schedule your showing today!


Up to $2500 lender credit towards closing costs with preferred lender*, Diane Kinlaw dkinlaw@revolutionmortgage.com (919) 624-9541. Lender credit determined by loan amount and is equivalent to .75% of the initial loan balance up to a maximum of $2,500.00

Last Agent to Sell the Property

Catie Krygeris Sherry

Keller Williams Realty Cary License #347896

Keller Williams Realty Cary

Last Buyer's Agent

Cathy Reed

Dogwood Properties License #292237

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,452

Year Built

  • Built in 1979

Lot Details

  • 0.38 Acre Lot
  • Private Entrance
  • Wooded Lot
  • Landscaped with Trees
  • Back Yard

Home Design

  • Transitional Architecture
  • Raised Foundation
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 2,452 Sq Ft Home
  • 2-Story Property
  • Basement
  • Crawl Space
  • Washer and Dryer

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Carpet
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Parking

  • Private Driveway
  • 4 Open Parking Spaces

Schools

  • Green Elementary School
  • Carroll Middle School
  • Sanderson High School

Additional Features

  • Outdoor Gas Grill
  • Central Heating and Cooling System

Community Details

  • 2 Units
  • North Bend Townhomes Subdivision

Listing and Financial Details

  • The owner pays for all utilities
  • Assessor Parcel Number 1716183753

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,452

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Year Built: 1979
  • Prop. Type: Residential Income
  • Subdivision Name: North Bend Townhomes
  • Above Grade Finished Sq Ft: 2452.0
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • General Property Information Basement YN: Yes
  • Architectural Style Transitional: Yes
  • Cooling Central Air: Yes
  • Flooring Luxury Vinyl: Yes
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • Flooring Carpet: Yes
  • Levels Two: Yes
  • Lot Features Hardwood Trees: Yes
  • Appliances Refrigerators: Yes
  • Roof:Shingle: Yes
  • Contract Information Lease Term: Short Term Lease
  • General Property Information Above Grade Finished Area: 2452.0
  • General Property Information Number Of Units Total3: 2.0
  • General Property Information Lot Size Square Feet2: 16553.0
  • Foundation Details Raised: Yes
  • General Property Information Number Of Buildings2: 1.0
  • General Property Information Lot Size Acres: 0.38
  • Owner Pays:All Utilities: Yes
  • General Property Information Stories2: 2
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Flooring: Carpet, Luxury Vinyl, Plank
  • Basement: Crawl Space
  • Appliances: Dishwasher, Electric Range, Refrigerator, Washer/Dryer
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Total Bedrooms: 4
  • Stories: 2
  • Appliances Dishwasher: Yes
  • Basement:Crawl Space: Yes
  • Appliances:Electric Range: Yes
  • Appliances:WasherDryer: Yes

Exterior Features

  • Roof: Shingle
  • Exterior Features: Gas Grill, Private Entrance
  • Acres: 0.38
  • Construction Type: Wood Siding
  • Foundation Details: Raised
  • Lot Features:Wooded: Yes
  • Construction Materials:Wood Siding: Yes
  • Exterior Features:Gas Grill: Yes
  • Lot Features:Back Yard2: Yes
  • Exterior Features:Private Entrance: Yes

Garage/Parking

  • Attached Garage: No
  • Open Parking Spaces: 4.0
  • Open Parking: Yes
  • Parking Features: Driveway
  • Parking Features:Driveway: Yes
  • General Property Information:Open Parking YN2: Yes
  • General Property Information:Open Parking Spaces2: 4.0

Utilities

  • Heating: Central
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Central: Yes

Schools

  • Ninth Grade High School: Wake - Sanderson
  • Middle Or Junior School: Wake - Carroll

Lot Info

  • Lot Size Sq Ft: 16553.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 1716183753
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: Short Term Lease
  • Owner Pays: All Utilities

Tax Info

  • Tax Annual Amount: 4451.98
  • Tax Year: 2024
  • Tax Map Number: 3

Multi Family

  • Number Of Units Total: 2
  • Number Of Units Furnished: All Units

MLS Schools

  • Elementary School: Wake - Green

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/19/2025 03/19/25 Sold $660,000 -0.8% $269 / Sq Ft
02/12/2025 02/12/25 Pending -- -- --
02/06/2025 02/06/25 For Sale $665,000 +116.3% $271 / Sq Ft
12/15/2023 12/15/23 Off Market $307,500 -- --
07/31/2023 07/31/23 Sold $307,500 -3.8% $256 / Sq Ft
06/13/2023 06/13/23 Pending -- -- --
06/02/2023 06/02/23 Price Changed $319,700 0.0% $266 / Sq Ft
05/26/2023 05/26/23 Price Changed $319,800 0.0% $266 / Sq Ft
05/11/2023 05/11/23 For Sale $319,900 -- $266 / Sq Ft
Source: Doorify MLS

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
2023 $1,702 $154,294 $100,000 $54,294
2022 $1,582 $154,294 $100,000 $54,294
2021 $1,521 $154,294 $100,000 $54,294
2020 $1,494 $154,294 $100,000 $54,294
2019 $1,304 $110,820 $30,000 $80,820
2018 $1,231 $110,820 $30,000 $80,820
2017 $1,173 $110,820 $30,000 $80,820
2016 $1,149 $110,820 $30,000 $80,820
2015 $1,122 $106,389 $25,000 $81,389
2014 $1,065 $106,389 $25,000 $81,389
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $594,474 New Conventional
Previous Owner $1,575,000 New Conventional
Source: Public Records

Deed History

Date Type Sale Price Title Company
Warranty Deed $615,000 None Listed On Document
Warranty Deed $2,100,000 --
Source: Public Records

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