See Home Value
Wake 27603 Laurel Grove
1012 Mountain Laurel Drive
$500,000
● House - Off Market

1012 Mountain Laurel Drive

Raleigh, NC 27603
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,844 Ft²
$2,677
Est. Monthly
4.27%
Cap Rate

About This Property

Welcome to this charming 3-bedroom, 2-bathroom ranch-style home in South Raleigh, with easy access to 540/40, shopping, and downtown Raleigh! Featuring upgraded light fixtures, luxury vinyl plank flooring throughout the main living areas, and all bedrooms on the first floor. The spacious living room includes a beautiful corner fireplace, while the formal dining room offers an ideal space for entertaining. The kitchen boasts quartz countertops, a stylish backsplash, and a light and bright breakfast nook. The first-floor primary suite includes dual vanities, a walk-in closet, and a walk-in shower. Upstairs, enjoy a large bonus area with endless possibilities - office, media room, gym, or extra bedroom. Outdoors, relax on the expansive deck overlooking a large backyard with wooded views. Additional storage is available in the walk-in crawl space and included shed. There is also electric hookup for an RV behind the 2 car garage, and an oversized, flat driveway. All of this on a .71 acre lot on a quiet street with no HOA!
Unit Size
2,844 Ft²
Days on Market
-
Land Size
0.71 acres
Price per sqft
$176
Property Type
House
Property Taxes
$221
HOA Dues
-
Year Built
1997

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Last updated: 2 years ago (TMLS #10111706)

Price History

Date / Event Date Event Price
Sep 30, 2025 Sold
Sold
Sep 15, 2025 In contract -
In contract
Aug 7, 2025 Price Decreased $500,000
↓ $10K (2%)
Price Decreased
Jul 25, 2025 Listed by Costello Real Estate & Investm $510,000
Listed by Costello Real Estate & Investm
Jun 5, 2025 Price Decreased $518,000
↓ $7K (1.3%)
Price Decreased
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Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1997
  • Effective Year Built: 1997
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 15
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 0
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 5
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 30,928
  • Total Building Area: 2,148
  • Building Area: 2,148
  • Building Area Measurement: E

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,148
  • Heating Fuel Type: 9

    Utilities

  • Sewer System: 0
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LAUREL GROVE SUB
  • Land Acres: 0000000710
  • Standard Land Use Code: 1001
  • County Land Use Code: 01
  • Legal Description 1: LO44 LAUREL GROVE SUB PH1 BM1996-01189

Neighborhood

  • School District Name: Wake County Schools
  • School Tax School District: 23
  • Census Tract: 052902

Zoning

  • Zoning: R-30

Geography

  • Account Number: 0227318
  • District: 15
  • Subdivision Phase Number: 1
  • Parcel: 1607.04-93-0455 0227318
  • Lot: 44
  • Municipality: PANTHER BRANCH
  • Latitude: 35.5999
  • Longitude: -78.6333

    Address

  • Full Address: 1012 Mountain Laurel Dr
  • Address - House Number: 1012
  • Address - Street Name: Mountain Laurel
  • Address - Suffix Type: Dr
  • State: NC
  • City Name: Raleigh
  • Carrier Code: R038
  • 4-Digit Zip Code: 8658
  • Zip Code: 27603

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $216,452
  • Initial Tax Delinquent Year: 2020

    Appraisal Valuation

  • Standard Deviation: 0.1318
  • Valuation Date: Aug 31, 2022
  • Confidence Score: 85
  • Final Value: 489,062
  • High Value: 553,521
  • Low Value: 424,602

    Market Valuation

  • Market Total Value: $296,943
  • Market Land Value: $42,000
  • Market Improvement Value: $254,943

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $296,943
  • Assessed Land Value: $42,000
  • Assessed Improvements Value: $254,943

    Sales

  • Current Sale Contract Date: May 03, 2022
  • Current Sale Recording Date: May 04, 2022
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Previous Sale Recording Date: Feb 24, 2022
  • Previous Sale Contract Date: Feb 24, 2022
  • Previous Sale Amount: $405,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Laurel Grove


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Frequently Asked Questions

When was property at 1012 Mountain Laurel Drive built and last sold?
The property at 1012 Mountain Laurel Drive was built in 1997 and last sold on May 3, 2022 for $462,000.
How much is this home worth?
The estimated value of the home located at 1012 Mountain Laurel Drive is $493,685.
What are some comparable homes to 1012 Mountain Laurel Drive?
There are currently no comparable homes to 1012 Mountain Laurel Drive.