See Home Value
$540,000 - $658,000
House - Off Market

1427 E Lane Street

Raleigh, NC 27610
bedrooms
2 Beds
bathrooms
3 Baths
square feet
1774 Sqft
Sold Mar 11, 2024
$580,000
$580,000 by Bank Of America, N.a.
Mortgage Due Apr 01, 2054
Sold Mar 08, 2019
$395,000
$316,000 by Movement Mortgage
Mortgage Due Apr 01, 2049

About This Property

Not your typical cookie cutter for sure!!! Welcome to this very nice unique and stylish craftsman-style home In Raleigh! Close to nearby downtown attractions including NC Museums, Fayetteville St, Martin Marietta Performing Arts Center, Moore Square Park, and numerous restaurants, shops, parks, universities and so much more! Right away upon entrance, you will find this home dramatic! Very open floor plan for you to enjoy family and friends. Many neat features like the built-in bookshelves, vaulted ceilings, and window designs that offer lots of natural light, Upstairs offers you 2 bedrooms, a spacious primary suite with balcony and a wonderful and luxurious bath with soaking tub and walk in shower! Also upstairs, secondary bedroom, laundry and guest bath. The extra room downstairs can be used as office or just use your imagination.  The home has so many nice spaces beginning with the front porch! Yes, the swing stays!! The expansive back deck has built in bench seats, perfect for outdoor entertaining.  Fenced in back yard.

The manager has listed the unit size as 1774 square feet.
Unit Size
1,774Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$338
Property Type
House
Property Taxes
$363
HOA Dues
-
Year Built
2018

Price History

Date / Event Date Event Price
Mar 13, 2024 No longer available -
No longer available
Feb 14, 2024 In contract -
In contract
Jan 4, 2024 Listed $599,000
Listed
Sep 22, 2018 No longer available -
No longer available
Jul 15, 2018 Listed $474,900
Listed
New construction of a Custom Built Contemporary 1776 sqft home located in the heart of College Park is now Complete! Unique open floor plan, bamboo flooring, natural custom window sills, bullnose return window trim, ambient natural lighting over second floor, on-demand tankless gas water heater, walkout master bedroom to huge second floor deck, covered front and back porches, landscaping to enhance privacy. The manager has listed the unit size as 1776 square feet.

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 2018
  • Effective Year Built: 2018
  • Total Rooms: 5
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Good
  • Construction Type: Frame
  • Building Style: Conventional
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Hip
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,970
  • Total Building Area: 1,754
  • Building Area: 1,754
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,754
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: COLLEGE PARK
  • Land Acres: 0.16
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LO123 COLLEGE PARK BM1911-00015

Ownership

  • Current Owner : NWOKO OKECHUKWU
  • Previous Owner : EKBLAD JONATHAN DAVID
  • Previous Owner 2: OKECHULCWU NWOKO
  • Owner Before Previous Owner: DOME PROPERTIES LLC
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 050600

Zoning

  • Zoning: R-10

Geography

  • Assessors Map Reference: BK 1911 PG 15
  • Account Number: 0073668
  • District: 01
  • Parcel: 1714.18-20-9320 0073668
  • Lot: 123
  • Municipality: RALEIGH
  • Latitude: 35.7834
  • Longitude: -78.6192

    Address

  • Full Address: 1427 E Lane St
  • Address - House Number: 1427
  • Street Direction: E
  • Address - Street Name: Lane
  • Address - Suffix Type: St
  • State: NC
  • City Name: Raleigh
  • Carrier Code: C026
  • 4-Digit Zip Code: 2323
  • Zip Code: 27610

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,353

    Appraisal Valuation

  • Standard Deviation: 0.068
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 96
  • Final Value: 597,596
  • High Value: 638,250
  • Low Value: 556,942

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $580,000
  • First Open Lien Mortgage Lender: BANK OF AMERICA, N.A.
  • First Open Lien Mortgage Recording Date: Mar 11, 2024
  • First Open Lien Mortgage Loan Amount: $580,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2054

    Market Valuation

  • Market Total Value: $397,534
  • Market Land Value: $120,750
  • Market Improvement Value: $276,784

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $397,534
  • Assessed Land Value: $120,750
  • Assessed Improvements Value: $276,784

    Sales

  • Current Sale Contract Date: Mar 07, 2024
  • Current Sale Recording Date: Mar 11, 2024
  • Current Sale Transaction ID: 11922639201
  • Current Sale Price: $580,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Mar 08, 2019
  • Previous Sale Contract Date: Feb 22, 2019
  • Previous Sale Amount: $395,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF AMERICA, N.A.
  • First Mortgage Transaction Date: Mar 11, 2024
  • First Mortgage Loan Amount: $580,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2054

    Previous Mortgages

  • Previous Mortgage Lender: MOVEMENT MORTGAGE
  • Previous Mortgage Transaction Date: Mar 08, 2019
  • Previous Mortgage Loan Amount: $316,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Apr 01, 2049



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
2.5 Baths
1,822 ft²
$343/ft²
$625,000 Feb 14, 2024
-
$375/mo
Townhouse
2 Beds
4 Baths
1,779 ft²
$385/ft²
$685,000 Dec 31, 2023
-
$593/mo
House
3 Beds
2 Baths
1,599 ft²
$369/ft²
$590,000 Feb 8, 2024
-
$232/mo
In Contract
House
3 Beds
2 Baths
2,110 ft²
$250/ft²
$526,900 Oct 26, 2023
-
$255/mo
House
3 Beds
2.5 Baths
1,545 ft²
$314/ft²
$485,000 Sep 14, 2023
-
$364/mo
Condo
2 Beds
2.5 Baths
1,363 ft²
$373/ft²
$509,000 Apr 19, 2021
-
$235/mo
Condo
2 Beds
2.5 Baths
1,315 ft²
$387/ft²
$509,000 Apr 20, 2021
-
$235/mo
Condo
2 Beds
2.5 Baths
1,315 ft²
$387/ft²
$509,000 Mar 23, 2021
-
$235/mo
Condo
3 Beds
2.5 Baths
1,925 ft²
$338/ft²
$650,000 Jan 16, 2024
-
$430/mo
Other
Loft
2.5 Baths
1,987 ft²
$294/ft²
$585,000 Dec 3, 2023
-
-
Townhouse
4 Beds
2.5 Baths
2,167 ft²
$323/ft²
$699,900 Nov 7, 2023
-
$1,266/mo

About Central Raleigh


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Frequently Asked Questions

When was property at 1427 East Lane Street built and last sold?
The property at 1427 East Lane Street was built in 2018 and last sold on Mar 7, 2024 for $580,000.
How much is this home worth?
The estimated value of the home located at 1427 East Lane Street is $611,124.
What are some comparable homes to 1427 East Lane Street?
Homes that are comparable to 1427 East Lane Street include a house property at 113 Bart Street, 7 Hill Street, 716 Brighton Road.

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