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Zebulon 27597 Pineview
1208 Spruce Drive
$240,000
● House - Off Market

1208 Spruce Drive

Zebulon, NC 27597
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,168 Ft²
$255,420
RealtyHop Estimate
13.52%
Since Oct 1, 2021
National-US
Primary Model

About This Property

Adorable home in Zebulon! NO HOA! Marble tile, granite countertops and stainless steel appliances in the kitchen. Enjoy the huge bay window overlooking the fenced in back yard! The home feels super spacious with vaulted ceilings in the main area and the master bedroom. Cozy around the gas log fireplace in the living room. Great location! Close to shops and restaurants.
Unit Size
1,168 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$193
Property Type
House
Property Taxes
$149
HOA Dues
-
Year Built
1996

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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 #2399474)

Price History

Date / Event Date Event Price
Sep 2, 2021 Sold
Premium
Sold
Aug 3, 2021 Listed by DASH Carolina $225,000
Listed by DASH Carolina
Mar 23, 2020 Sold
Premium
Sold
Feb 20, 2020 Listed by DASH Carolina $179,000
Listed by DASH Carolina
Oct 18, 2005 Sold
Premium
Sold

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1996
  • Effective Year Built: 2010
  • Total Rooms: 6
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 15
  • Exterior Walls Type: 19
  • 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: 1,158
  • Building Area: 1,158
  • Building Area Measurement: E

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,158
  • 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: LO112 PINEVIEW SUB SC3 PH1 BM1993-1288

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 054306

Zoning

  • Zoning: R4

Geography

  • Account Number: 0201818
  • District: 09
  • Subdivision Phase Number: 1
  • Parcel: 1795.15-53-1247 0201818
  • Lot: 112
  • Municipality: LITTLE RIVER
  • Latitude: 35.8179
  • Longitude: -78.3417

    Address

  • Full Address: 1208 Spruce Dr
  • Address - House Number: 1208
  • 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: 2023
  • Tax Amount: $191,734

    Appraisal Valuation

  • Standard Deviation: 0.1458
  • Valuation Date: Nov 22, 2023
  • Confidence Score: 82
  • Final Value: 269,965
  • High Value: 309,327
  • Low Value: 230,602

    Market Valuation

  • Market Total Value: $154,005
  • Market Land Value: $28,000
  • Market Improvement Value: $126,005

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $154,005
  • Assessed Land Value: $28,000
  • Assessed Improvements Value: $126,005

    Sales

  • Current Sale Contract Date: Sep 01, 2021
  • Current Sale Recording Date: Sep 02, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Previous Sale Recording Date: Mar 23, 2020
  • Previous Sale Contract Date: Mar 23, 2020
  • Previous Sale Amount: $181,000
  • 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

$1,310 /mo

  • 2 Beds
  • 1 Bath
  • 816 ft²
300 Jones Street, Charlotte, NC, 27597 Listing by Ashlee Cortez
Unit for rent at 524 Southland Drive, Zebulon, NC, 27597

$2,500 /mo

  • 4 Beds
  • 2 Baths
524 Southland Drive, Zebulon, NC, 27597 Listing by Eddie Alie
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

Rentals Near You

Click here to view more rentals in the neighborhood.
TMLS

Listed by: Samuel Spangler Duncan, DASH Carolina
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2399474
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 1208 Spruce Drive built and last sold?
The property at 1208 Spruce Drive was built in 1996 and last sold on Sep 1, 2021 for $240,000.
How much is this home worth?
The estimated value of the home located at 1208 Spruce Drive is $0.
What are some comparable homes to 1208 Spruce Drive?
There are currently no comparable homes to 1208 Spruce Drive.
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