When was property at 2116 Tibwin Drive built and last sold?

The property at 2116 Tibwin Drive was built in 1996 and last sold on Feb 15, 2024 for $790,000.

How much is this home worth?

The estimated value of the home located at 2116 Tibwin Drive is $789,896.

What are some comparable homes to 2116 Tibwin Drive?

There are currently no comparable homes to 2116 Tibwin Drive.

Wake

27606

Old South Trace

2116 Tibwin Drive

$790,000

● House - Off Market

2116 Tibwin Drive

Raleigh, NC 27606

3 Beds

2 Baths, 1 Half Bath

2,742 Ft²

$4,108

Est. Monthly

2.65%

Cap Rate

About This Property

Nestled on a 1.38 acre lot, this home is ready for a second owner. The lower level floor plan has a separate living room and dining room with eat-in kitchen open to the family room. A light-filled, first floor primary suite features a newly redone, luxurious bathroom. Enjoy your morning coffee on the screened porch or back deck overlooking the wooded backyard. Upstairs, the second floor features two bedrooms, an office and a large bonus room with built-in shelving. A walk-in attic, with permanent stairs to the garage, provides storage and expansion possibilities. Side entry two car garage and parking pad. Conveniently located to downtown Raleigh, Cary, 440, 540, shopping centers and more.

Unit Size

2,742 Ft²

Days on Market

Land Size

1.38 acres

Price per sqft

$284

Property Type

House

Property Taxes

$277

HOA Dues

Year Built

1996

Payment Calculator

Cap Rate Calculator

Last updated: 2 years ago (TMLS #10008974)

Price History

Date / Event	Date	Event
Feb 22, 2024	Sold	Premium
Sold
Feb 1, 2024	Listed by Hodge & Kittrell Sotheby's Int	$780,000
Listed by Hodge & Kittrell Sotheby's Int
May 3, 1996	Sold	Premium
Sold

Property Highlights

Garage

Air Conditioning

Building Info

Overview

General

Year Built: 1996

Effective Year Built: 1996
Total Rooms: 7
Bedroom Count: 0
Bathroom Count: 3
Full Bathrooms: 2
Partial Bathrooms: 3
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: 200
Living Units: 1
Floor Cover: 0
Basement Type: 5
Basement Area: 0
Garage Type: 7
Garage Square Area: 593
Parking Space Count: 0
Patio Type: 0
Porch Type: 0
Pool Type: 0

Dimensions

Lot Size Square Feet: 60,113

Total Building Area: 2,687
Building Area: 2,687
Building Area Measurement: E

Heating and Cooling

Fireplace Count: 1

Air Conditioning: 1
Heating: 3
Heated Square Feet: 2,687
Heating Fuel Type: 0

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: R
Subdivision: OLD SOUTH TRACE SUB
Land Acres: 0000001380
Standard Land Use Code: 1001
County Land Use Code: 01
Legal Description 1: LO19 OLD SOUTH TRACE SUB PH2 BM1994-01736

Neighborhood

School District Name: Wake County Schools

School Tax School District: 23
Census Tract: 053007

Zoning

Zoning: R-40W

Geography

Account Number: 0210005

District: 18
Subdivision Phase Number: 2
Parcel: 0781.01-36-4413 0210005
Lot: 19
Municipality: SWIFT CREEK
Latitude: 35.7181
Longitude: -78.7189

Address

Full Address: 2116 Tibwin Dr

Address - House Number: 2116
Address - Street Name: Tibwin
Address - Suffix Type: Dr
State: NC
City Name: Raleigh
Carrier Code: R035
4-Digit Zip Code: 9273
Zip Code: 27606

Valuation

Tax

Tax Year: 2023

Tax Amount: $332,599

Appraisal Valuation

Standard Deviation: 0.0916

Valuation Date: Feb 28, 2024
Confidence Score: 92
Final Value: 829,485
High Value: 905,523
Low Value: 753,447

Market Valuation

Market Total Value: $469,008

Market Land Value: $100,000
Market Improvement Value: $369,008

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $469,008
Assessed Land Value: $100,000
Assessed Improvements Value: $369,008

Sales

Current Sale Contract Date: Feb 15, 2024

Current Sale Recording Date: Feb 22, 2024
Current Sale Price:

Premium
Current Sale Document Type: 71
Previous Sale Recording Date: May 03, 1996
Previous Sale Contract Date: May 03, 1996
Previous Sale Amount: $262,000
Previous Sale Document Type: 27

Data used for valuation calculations is provided by RealtyHop, and other third party sources

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Comparables

About Old South Trace

Stats & Trends

Median Asking:

$775,000

Sale Price/ft²

$285

Below Asking

0.01%

Average Days on Market

Average Home Size

2911 ft²

Average Home Age

27 years

Currently For Sale

1 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 2022 Chancellor Place, Raleigh, NC, 27603

$1,900 /mo

3 Beds
2 Baths
1,492 ft²

2022 Chancellor Place, Raleigh, NC, 27603 Listing by John Metzner

Unit for rent at 8734 Macedonia Lake Drive, Cary, NC, 27518

$2,200 /mo

3 Beds
3 Baths
2,258 ft²

8734 Macedonia Lake Drive, Cary, NC, 27518 Listing by Janet Liu

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: Melanie Jones, Hodge & Kittrell Sotheby's Int
Last Updated: 2 years ago
Data Source: TMLS, MLS# 10008974

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.

2116 Tibwin Drive

About This Property

Price History

Property Highlights

Building Info

Overview

Building

Neighborhood

Zoning

Geography

Valuation

Comparables

About Old South Trace

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions