615 New Bern Ave Raleigh, NC 27601
Oakwood Neighborhood
4
Beds
4
Baths
2,139
Sq Ft
4,792
Sq Ft Lot
Highlights
- Transitional Architecture
- Wood Flooring
- Private Driveway
- Ligon Magnet Middle School Rated A
- Corner Lot
- No Heating
About This Home
As of November 2024Located in part of the gateway into Downtown Raleigh, this 4-apartment investment property needs work but has enormous potential. It is on a corner lot in the exciting Bus Rapid Transit Corridor, has off-street parking, OX-3 zoning, and is surrounded by new construction and rehab projects.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,333
Year Built
- Built in 1973
Lot Details
- 4,792 Sq Ft Lot
- Corner Lot
Home Design
- Transitional Architecture
- Brick Foundation
- Lead Paint Disclosure
Interior Spaces
- 2,139 Sq Ft Home
- 2-Story Property
Flooring
- Wood
- Vinyl
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Full Bathrooms
Parking
- Private Driveway
- On-Street Parking
- 2 Open Parking Spaces
Schools
- Powell Elementary School
- Ligon Middle School
- Broughton High School
Utilities
- No Cooling
- No Heating
Community Details
- 4 Vacant Units
Listing and Financial Details
- Assessor Parcel Number 1713093103
Map
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/12/2024 11/12/24 | Sold | $365,000 | -18.9% | $171 / Sq Ft |
| 10/15/2024 10/15/24 | Pending | -- | -- | -- |
| 08/24/2024 08/24/24 | Price Changed | $450,000 | -12.6% | $210 / Sq Ft |
| 08/01/2024 08/01/24 | Price Changed | $515,000 | -12.7% | $241 / Sq Ft |
| 07/09/2024 07/09/24 | Price Changed | $590,000 | -5.6% | $276 / Sq Ft |
| 06/20/2024 06/20/24 | For Sale | $625,000 | -- | $292 / 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 |
|---|---|---|---|---|
| 2024 | $5,010 | $574,567 | $287,520 | $287,047 |
| 2023 | $4,333 | $395,644 | $215,640 | $180,004 |
| 2022 | $4,026 | $395,644 | $215,640 | $180,004 |
| 2021 | $3,870 | $395,644 | $215,640 | $180,004 |
| 2020 | $3,799 | $395,644 | $215,640 | $180,004 |
| 2019 | $2,364 | $202,275 | $62,392 | $139,883 |
| 2018 | $2,230 | $202,275 | $62,392 | $139,883 |
| 2017 | $2,124 | $202,275 | $62,392 | $139,883 |
| 2016 | $2,081 | $202,275 | $62,392 | $139,883 |
| 2015 | $1,672 | $159,553 | $39,534 | $120,019 |
| 2014 | $1,587 | $159,553 | $39,534 | $120,019 |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $415,000 | Construction | |
| Previous Owner | $150,000 | New Conventional | |
| Previous Owner | $55,600 | Commercial |
Source: Public Records
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $365,000 | None Listed On Document | |
| Warranty Deed | -- | None Listed On Document | |
| Warranty Deed | $200,000 | Attorney | |
| Warranty Deed | $69,500 | -- |
Source: Public Records
Similar Homes in Raleigh, NC
Source: Doorify MLS
MLS Number: 10036750
APN: 1713.05-09-3103-000
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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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