See Home Value
Raleigh 27607 Fairmont
2507 Vanderbilt Avenue
$630,671*
House - Off Market

2507 Vanderbilt Avenue

Raleigh, NC 27607
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2024 Sqft
$374,000 - $456,000
Reference Base Price*
51.97%
Since Feb 1, 2019
National-US
Primary Model
Sold Jan 23, 2019
$420,000
$315,000 by Townebank
Mortgage
Sold Dec 01, 1989
$130,000

About This Property

INVESTOR ALERT! So much potential in this all-brick home with tenants in place through July 20, 2019! Off-street parking in long private drive can fit up to 5-6 cars. Walkable to NC State, Hillsborough Street & Pullen Park! Hardwoods through main & upstairs. Former dining room has been converted to 4th bedroom with a closet. Unfinished basement w/laundry.

The manager has listed the unit size as 2024 square feet.
Unit Size
2,024Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$205
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1939

Price History

Date / Event Date Event Price
Jan 26, 2019 No longer available -
No longer available
Jan 23, 2019 Sold $420,000
Sold
Dec 14, 2018 Listed $415,000
Listed

Property Highlights

Fireplace
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1939
  • Effective Year Built: 1970
  • Total Rooms: 7
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Construction Type: Brick
  • Building Style: Conventional
  • Exterior Walls Type: Brick
  • Roof Shape Type: Gable
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 440
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 9,148
  • Total Building Area: 1,960
  • Building Area: 1,960
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: No air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,960
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: FAIRMONT
  • Land Acres: 0.21
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LO92 & 93 FAIRMONT BM1926-8

Ownership

  • Current Owner : 13TH FLOOR HOLDINGS LLC
  • Previous Owner : DUNN JOHN KELLY
  • Previous Owner 2: DUNN NATALIE JILL
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 051200

Zoning

  • Zoning: R-6

Geography

  • Assessors Map Reference: BK 1926 PG 8
  • Account Number: 0030619
  • District: 01
  • Parcel: 0794.20-82-2162 0030619
  • Lot: 92,93
  • Municipality: RALEIGH
  • Latitude: 35.7887
  • Longitude: -78.6686

    Address

  • Full Address: 2507 Vanderbilt Ave
  • Address - House Number: 2507
  • Address - Street Name: Vanderbilt
  • Address - Suffix Type: Ave
  • State: NC
  • City Name: Raleigh
  • Carrier Code: C013
  • 4-Digit Zip Code: 7244
  • Zip Code: 27607

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,278

    Appraisal Valuation

  • Standard Deviation: 0.1211
  • Valuation Date: Jul 05, 2023
  • Confidence Score: 86
  • Final Value: 645,400
  • High Value: 723,595
  • Low Value: 567,204

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $315,000
  • First Open Lien Mortgage Lender: TOWNEBANK
  • First Open Lien Mortgage Recording Date: Jan 23, 2019
  • First Open Lien Mortgage Loan Amount: $315,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial

    Market Valuation

  • Market Total Value: $420,526
  • Market Land Value: $279,000
  • Market Improvement Value: $141,526

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $420,526
  • Assessed Land Value: $279,000
  • Assessed Improvements Value: $141,526

    Sales

  • Current Sale Contract Date: Jan 19, 2019
  • Current Sale Recording Date: Jan 23, 2019
  • Current Sale Transaction ID: 11562183574
  • Current Sale Price: $420,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Dec 01, 1989
  • Previous Sale Contract Date: Dec 01, 1989
  • Previous Sale Amount: $130,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: TOWNEBANK
  • First Mortgage Transaction Date: Jan 23, 2019
  • First Mortgage Loan Amount: $315,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial



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
Condo
2 Beds
1.5 Baths
1,000 ft²
$420/ft²
$420,000 Jul 27, 2023
-
$178/mo
Condo
2 Beds
1 Bath
1,008 ft²
$356/ft²
$359,000 Aug 16, 2023
-
$194/mo
Condo
2 Beds
1.5 Baths
916 ft²
$381/ft²
$349,000 Jun 22, 2023
-
$180/mo
Land
Loft
-
-
$399,900 Aug 11, 2023
-
-

About University


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Frequently Asked Questions

When was property at 2507 Vanderbilt Avenue built and last sold?
The property at 2507 Vanderbilt Avenue was built in 1939 and last sold on Jan 19, 2019 for $420,000.
How much is this home worth?
The estimated value of the home located at 2507 Vanderbilt Avenue is $447,022.
What are some comparable homes to 2507 Vanderbilt Avenue?
There are currently no comparable homes to 2507 Vanderbilt Avenue.

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