Check Availability
$1,399,000
↓ $51K (3.5%)
House - For Sale

1612 Craig Street

Raleigh, NC 27608
bedrooms
4 Beds
bathrooms
3.5 Baths, 1 Half Bath
square feet
2909 Sqft
$7,502
Estimated Monthly
1.50%
Cap Rate

About This Property

Rare new build opportunity in Hayes Barton. Bring your own builder. .34 Acre lot with large backyard which would be great for outdoor space and a pool. The house needs updates-classic 1940 2-story house with a basement.

The manager has listed the unit size as 2909 square feet.
Unit Size
2,909Ft²
Days on Market
41 days
Land Size
0.34 acres
Price per sqft
$481
Property Type
House
Property Taxes
$632
HOA Dues
-
Year Built
1937

Listed By

Bill Sewell
Sewell Realty Group
Last updated: 17 days ago (TRIANGLE #10028010)

Price History

Date / Event Date Event Price
Jun 1, 2024 Price Decreased $1,399,000
↓ $51K (3.5%)
Price Decreased
May 7, 2024 Listed by Sewell Realty Group $1,450,000
Listed by Sewell Realty Group
Jun 21, 2022 Sold $1,200,000
Sold
Jan 1, 1976 Sold to Mary J Mason, Richard H Mason $60,000
Sold to Mary J Mason, Richard H Mason

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1937
  • Effective Year Built: 1970
  • Total Rooms: 9
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 14,810
  • Total Building Area: 2,975
  • Building Area: 2,975
  • Building Area Measurement: unknown

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,975
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: unknown
  • Subdivision: HAYES BARTON FRANK A DANIELS J
  • Land Acres: 0.34
  • Legal Description 1: LOTS 820 & 821 HAYES BARTON

Ownership

  • Current Owner : BUCKHORN WAY LLC
  • Previous Owner : MASON JR RICHARD H
  • Previous Owner 2: MASON MARY J
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 051600

Zoning

  • Zoning: R-4

Geography

  • Account Number: 0050978
  • District: 01
  • Parcel: 1704.10-27-8385 0050978
  • Lot: 820,821
  • Municipality: RALEIGH
  • Latitude: 35.8029
  • Longitude: -78.6531

    Address

  • Full Address: 1612 Craig St
  • Address - House Number: 1612
  • Address - Street Name: Craig
  • Address - Suffix Type: St
  • State: NC
  • City Name: Raleigh
  • Carrier Code: C004
  • 4-Digit Zip Code: 2202
  • Zip Code: 27608

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $7,051
  • Intital Tax Deliquent Year: 2020

    Appraisal Valuation

  • Standard Deviation: 0.1343
  • Valuation Date: Sep 21, 2022
  • Confidence Score: 84
  • Final Value: 1,088,344
  • High Value: 1,234,517
  • Low Value: 942,172

    Market Valuation

  • Market Total Value: $694,422
  • Market Land Value: $475,000
  • Market Improvement Value: $219,422

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $694,422
  • Assessed Land Value: $475,000
  • Assessed Improvements Value: $219,422

    Sales

  • Current Sale Contract Date: Jun 17, 2022
  • Current Sale Recording Date: Jun 21, 2022
  • Current Sale Transaction ID: 11890536340
  • Current Sale Price: $1,200,000
  • Current Sale Document Type: unknown
  • Previous Sale Recording Date: Jan 01, 1976
  • Previous Sale Contract Date: Jan 01, 1976
  • Previous Sale Amount: $60,000
  • Previous Sale Document Type: unknown

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Townhouse
4 Beds
3.5 Baths
2,743 ft²
$529/ft²
$1,450,000 Mar 15, 2024
-
$225/mo
House
5 Beds
5 Baths
3,087 ft²
$462/ft²
$1,425,000 May 3, 2023
-
$369/mo
House
5 Beds
4 Baths
3,398 ft²
$500/ft²
$1,700,000 Dec 14, 2023
-
-
House
5 Beds
4.5 Baths
3,901 ft²
$372/ft²
$1,450,000 Apr 9, 2024
-
$741/mo
Townhouse
3 Beds
3.5 Baths
2,669 ft²
$523/ft²
$1,395,000 Mar 15, 2024
-
$225/mo
Townhouse
3 Beds
3.5 Baths
2,538 ft²
$532/ft²
$1,350,000 Mar 15, 2024
-
$225/mo
Condo
5 Beds
4 Baths
4,176 ft²
$382/ft²
$1,595,000 Jan 9, 2024
-
$299/mo
Townhouse
6 Beds
4 Baths
4,414 ft²
$339/ft²
$1,495,000 Nov 30, 2022
-
$299/mo
Townhouse
6 Beds
4 Baths
4,414 ft²
$374/ft²
$1,650,000 Oct 20, 2023
-
$299/mo
Land
Loft
-
-
$1,200,000 Mar 20, 2024
-
-
Land
Loft
-
-
$1,195,000 Jan 17, 2024
-
$410/mo

About University


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Frequently Asked Questions

When was property at 1612 Craig Street built and last sold?
The property at 1612 Craig Street was built in 1937 and last sold on Jun 17, 2022 for $1,200,000.
How much is this home worth?
The estimated value of the home located at 1612 Craig Street is $1,461,306.
What are some comparable homes to 1612 Craig Street?
Homes that are comparable to 1612 Craig Street include a townhouse property at 1305 Chamblee Hill Court, a house property at 1506 Scales Street, 838 Woodburn Road.

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