See Home Value
$429,302*
House - Off Market

2114 Reaves Drive

Raleigh, NC 27608
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1139 Sqft
$347,000 - $423,000
Reference Base Price*
11.51%
Since Dec 1, 2021
National-US
Primary Model
Sold Dec 06, 2021
$385,000
$365,750 by First Heritage Mortgage Llc
Mortgage Due Jan 01, 2052

About This Property

MULTIPLE OFFERS – DEADLINE FOR HIGHEST & BEST 5:00PM SUNDAY 11/7/21. Ready to move in superb Villa Park home tucked between Five Points & Anderson Heights, a top tier location.  This home is move in ready but would be ideal candidate for expansion/renovation or keep as investment rental property.  It could also be an ideal tear down. The tenant has just moved out so there is no notice required for showings. HVAC is 3 yrs old and roof replaced September 2015 & nice hardwood floors.

The manager has listed the unit size as 1139 square feet.
Unit Size
1,139Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$338
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1941

Price History

Date / Event Date Event Price
Dec 6, 2021 Sold to Robert Caudle $385,000
Sold to Robert Caudle
Nov 9, 2021 No longer available -
No longer available
Sep 1, 2021 Listed $385,000
Listed

Property Highlights

Fireplace
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1941
  • Effective Year Built: 1960
  • Total Rooms: 5
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Construction Type: Frame
  • Building Style: Conventional
  • Roof Shape Type: Gable
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 8,276
  • Total Building Area: 1,074
  • Building Area: 1,074
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,074
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: VILLA PARK PROP
  • Land Acres: 0.19
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LO73 & 74 VILLA PARK BM1935-00038

Ownership

  • Current Owner : CAUDLE ROBERT
  • Previous Owner : ANDREWS DEBORAH W
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 051800

Zoning

  • Zoning: R-6

Geography

  • Account Number: 0242120
  • District: 01
  • Parcel: 1705.19-70-2452 0242120
  • Lot: 73,74
  • Municipality: RALEIGH
  • Latitude: 35.8113
  • Longitude: -78.6383

    Address

  • Full Address: 2114 Reaves Dr
  • Address - House Number: 2114
  • Address - Street Name: Reaves
  • Address - Suffix Type: Dr
  • State: NC
  • City Name: Raleigh
  • Carrier Code: C021
  • 4-Digit Zip Code: 1643
  • Zip Code: 27608

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,285

    Appraisal Valuation

  • Standard Deviation: 0.1305
  • Valuation Date: Sep 21, 2022
  • Confidence Score: 85
  • Final Value: 498,183
  • High Value: 563,218
  • Low Value: 433,148

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $365,750
  • First Open Lien Mortgage Lender: FIRST HERITAGE MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Dec 06, 2021
  • First Open Lien Mortgage Loan Amount: $365,750
  • 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: Jan 01, 2052

    Market Valuation

  • Market Total Value: $322,463
  • Market Land Value: $280,500
  • Market Improvement Value: $41,963

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $322,463
  • Assessed Land Value: $280,500
  • Assessed Improvements Value: $41,963

    Sales

  • Current Sale Contract Date: Dec 02, 2021
  • Current Sale Recording Date: Dec 06, 2021
  • Current Sale Transaction ID: 11873242074
  • Current Sale Price: $385,000
  • Current Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST HERITAGE MORTGAGE LLC
  • First Mortgage Transaction Date: Dec 06, 2021
  • First Mortgage Loan Amount: $365,750
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2052



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Multifamily
6 Beds
4 Baths
-
$385,000 Jun 30, 2014
$385,000 Oct 31, 2014
$421/mo
In Contract
Land
Loft
-
-
$425,000 Jan 25, 2022
-
-

About University


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Frequently Asked Questions

When was property at 2114 Reaves Drive built and last sold?
The property at 2114 Reaves Drive was built in 1941 and last sold on Dec 2, 2021 for $385,000.
How much is this home worth?
The estimated value of the home located at 2114 Reaves Drive is $398,501.
What are some comparable homes to 2114 Reaves Drive?
There are currently no comparable homes to 2114 Reaves Drive.

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