See Home Value
$530,128*
House - Off Market

215 E Cabarrus Street

Raleigh, NC 27601
bedrooms
4 Beds
bathrooms
4 Baths, 2 Half Baths
square feet
2010 Sqft
$315,000 - $385,000
Reference Base Price*
51.47%
Since Nov 1, 2018
National-US
Primary Model
Sold Apr 05, 2019
$385,000
Sold Jan 10, 2019
$268,000
$292,500 by Nc Vista Llc
Mortgage Due Apr 10, 2020

About This Property

Investors, Investors, Investors. Opportunity to acquire this unique property just 2 blocks from Fayetville Street in Downtown Raleigh. Off Road Parking. Currently laid out as two apartments which require renovation or could be returned to a magnificent single family home. Walk to bars and restaurants in downtown. Walk to work at Red Hat, Citrix State/County/City Government as well as many other downtown businesses. Need quick CASH sale. Sold AS IS, no repairs will be carried out by seller.

The manager has listed the unit size as 2010 square feet.
Unit Size
2,010Ft²
Days on Market
-
Land Size
0.10 acres
Price per sqft
$174
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1915

Price History

Date / Event Date Event Price
Oct 22, 2018 No longer available -
No longer available
Oct 17, 2018 Price Decreased $350,000
↓ $30K (7.9%)
Price Decreased
Oct 12, 2018 Listed $380,000
Listed

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1915
  • Effective Year Built: 2021
  • Total Rooms: 8
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Good
  • Construction Type: Frame
  • Building Style: Conventional
  • 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: 4,356
  • Total Building Area: 2,066
  • Building Area: 2,066
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,066
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Land Acres: 0.1
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 215 E CABARRUS

Ownership

  • Current Owner : TRIANGLE GREEN PROPERTIES LLC
  • Previous Owner : SHARP REAL ESTATE INVESTMENTS LLC
  • Owner Before Previous Owner: DIXON HAROLD
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 050100

Zoning

  • Zoning: DX-3

Geography

  • Account Number: 0029753
  • District: 01
  • Parcel: 1703.43-86-0906 0029753
  • Municipality: RALEIGH
  • Latitude: 35.7743
  • Longitude: -78.6359

    Address

  • Full Address: 215 E Cabarrus St
  • Address - House Number: 215
  • Street Direction: E
  • Address - Street Name: Cabarrus
  • Address - Suffix Type: St
  • State: NC
  • City Name: Raleigh
  • Carrier Code: C011
  • 4-Digit Zip Code: 1833
  • Zip Code: 27601

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,729
  • Intital Tax Deliquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1332
  • Valuation Date: Oct 11, 2023
  • Confidence Score: 84
  • Final Value: 665,676
  • High Value: 754,355
  • Low Value: 576,997

    Market Valuation

  • Market Total Value: $432,029
  • Market Land Value: $150,000
  • Market Improvement Value: $282,029

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $432,029
  • Assessed Land Value: $150,000
  • Assessed Improvements Value: $282,029

    Sales

  • Current Sale Contract Date: Apr 04, 2019
  • Current Sale Recording Date: Apr 05, 2019
  • Current Sale Transaction ID: 11596139780
  • Current Sale Price: $385,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Jan 10, 2019
  • Previous Sale Contract Date: Jan 07, 2019
  • Previous Sale Amount: $268,000
  • Previous Sale Document Type: Special Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: NC VISTA LLC
  • Previous Mortgage Transaction Date: Jan 10, 2019
  • Previous Mortgage Loan Amount: $292,500
  • Previous Mortgage Term: 14
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Apr 10, 2020



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
2 Baths
1,483 ft²
$276/ft²
$409,000 Jan 29, 2023
-
$138/mo
House
3 Beds
2 Baths
1,171 ft²
$299/ft²
$350,000 Jan 20, 2023
-
$145/mo
House
2 Beds
1 Bath
951 ft²
$405/ft²
$385,000 Oct 8, 2022
-
$187/mo
Land
Loft
-
-
$349,000 Oct 26, 2022
-
-
Condo
1 Bed
1 Bath
-
$404,999 Feb 16, 2023
-
-

About Central Raleigh


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Nearby Rentals



Frequently Asked Questions

When was property at 215 East Cabarrus Street built and last sold?
The property at 215 East Cabarrus Street was built in 1915 and last sold on Apr 4, 2019 for $385,000.
How much is this home worth?
The estimated value of the home located at 215 East Cabarrus Street is $374,452.
What are some comparable homes to 215 East Cabarrus Street?
There are currently no comparable homes to 215 East Cabarrus Street.

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