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Zebulon 27597 Pineview
1200 Spruce Drive
$159,900
● House - Off Market

1200 Spruce Drive

Zebulon, NC 27597
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,182 Ft²
$239,184
RealtyHop Estimate
49.58%
Since Apr 1, 2019
National-US
Primary Model

About This Property

Gorgeous well maintained corner lot home in popular Pineview with all the bells and whistles. Laminate living room floors. Tile in kitchen, dining and baths. Newer carpet in bedrooms, upgraded baths including custom granite vanity in master. Huge walk in master closet. Oversized deck overlooking huge yard with separate wired workshop. Deck and shop electrical were permitted. Roof 2015, HVAC 2017.  Some siding replaced with fiber cement and all exterior newly painted. Gutters. Floored attic. Move right in!
Unit Size
1,182 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$135
Property Type
House
Property Taxes
$118
HOA Dues
-
Year Built
1994

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 2 years ago (TMLS #2237782)

Price History

Date / Event Date Event Price
Mar 29, 2019 Sold
Premium
Sold
Feb 19, 2019 Listed by HomeTowne Realty $159,900
Listed by HomeTowne Realty
Dec 22, 2005 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Year Built: 1994
  • Effective Year Built: 2006
  • Total Rooms: 5
  • 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: 10,890
  • Total Building Area: 1,199
  • Building Area: 1,199
  • Building Area Measurement: E

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,199
  • Heating Fuel Type: 9

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PINEVIEW SUB
  • Land Acres: 0000000250
  • Standard Land Use Code: 1001
  • County Land Use Code: 01
  • Legal Description 1: LO114 PINEVIEW SUB SC3 PH1 BM1993-1288

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 054302

Zoning

  • Zoning: R4

Geography

  • Account Number: 0201820
  • District: 09
  • Subdivision Phase Number: 1
  • Parcel: 1795.15-53-2375 0201820
  • Lot: 114
  • Municipality: LITTLE RIVER
  • Latitude: 35.8181
  • Longitude: -78.3413

    Address

  • Full Address: 1200 Spruce Dr
  • Address - House Number: 1200
  • Address - Street Name: Spruce
  • Address - Suffix Type: Dr
  • State: NC
  • City Name: Zebulon
  • Carrier Code: R088
  • 4-Digit Zip Code: 6703
  • Zip Code: 27597

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $192,563

    Appraisal Valuation

  • Standard Deviation: 0.1473
  • Valuation Date: Aug 31, 2022
  • Confidence Score: 82
  • Final Value: 282,486
  • High Value: 324,120
  • Low Value: 240,853

    Market Valuation

  • Market Total Value: $159,534
  • Market Land Value: $28,000
  • Market Improvement Value: $131,534

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $159,534
  • Assessed Land Value: $28,000
  • Assessed Improvements Value: $131,534

    Sales

  • Current Sale Contract Date: Mar 15, 2019
  • Current Sale Recording Date: Mar 29, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Previous Sale Recording Date: Dec 22, 2005
  • Previous Sale Contract Date: Dec 21, 2005
  • Previous Sale Amount: $90,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

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

About Pineview

Stats & Trends

Median Asking:

$275,000

Sale Price/ft²

$225

Below Asking

0.02%

Average Days on Market

63

Average Home Size

1380 ft²

Average Home Age

19 years

Currently For Sale

2 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 300 Jones Street, Charlotte, NC, 27597

$1,360 /mo

  • 2 Beds
  • 1 Bath
  • 816 ft²
300 Jones Street, Charlotte, NC, 27597 Listing by Ashlee Cortez
Unit for rent at 2620 Mobile Park Drive, Zebulon, NC, 27597

$950 /mo

  • 2 Beds
  • 1 Bath
2620 Mobile Park Drive, Zebulon, NC, 27597 Listing by Michelle Edwards Mitchell
Unit for rent at 1100 Landen Creek Lane, Zebulon, NC, 27597

$2,900 /mo

  • 5 Beds
  • 3 Baths
1100 Landen Creek Lane, Zebulon, NC, 27597 Listing by Josh Arora

Rentals Near You

Click here to view more rentals in the neighborhood.
TMLS

Listed by: Laura Howell, HomeTowne Realty
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2237782
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 Triangle 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 2026 Triangle MLS, Inc. of North Carolina. All rights reserved.

Frequently Asked Questions

When was property at 1200 Spruce Drive built and last sold?
The property at 1200 Spruce Drive was built in 1994 and last sold on Mar 15, 2019 for $160,000.
How much is this home worth?
The estimated value of the home located at 1200 Spruce Drive is $166,313.
What are some comparable homes to 1200 Spruce Drive?
There are currently no comparable homes to 1200 Spruce Drive.
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