See Home Value
$514,661*
House - Off Market

2611 Wade Avenue

Raleigh, NC 27607
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2033 Sqft
$324,000 - $394,000
Reference Base Price*
43.00%
Since Apr 1, 2020
National-US
Primary Model
Sold May 20, 2021
$1,140,000
Sold May 08, 2002
$182,000
$145,600 by Wells Fargo Home Mtg Inc
Mortgage Due May 01, 2032

About This Property

This is 1 of 4 properties to be sold: 2611 Wade Ave 2619 Wade Ave 2615 Wade Ave 2607 Wade Ave All the properties are to be sold together. Property is being sold for land development or long term investment almost 2 acres surveys are available for interested parties.  NOT SOLD SEPRATELY   2611, 2618, 2615 Wade Ave generate over $8000 a month in rent. 2607 Wade Ave in not rented potential rent $1295-$1495 if made ready to rent.

The manager has listed the unit size as 2033 square feet.
Unit Size
2,033Ft²
Days on Market
-
Land Size
0.40 acres
Price per sqft
$177
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1951

Price History

Date / Event Date Event Price
Mar 9, 2020 No longer available -
No longer available
Dec 6, 2019 Listed $359,900
Listed
May 8, 2002 Sold to Debora Lynn Johnson $182,000
Sold to Debora Lynn Johnson

Property Highlights

Fireplace
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1951
  • Effective Year Built: 1970
  • Total Rooms: 6
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Style: Conventional
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Hip
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 145
  • Garage Type: Carport
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 17,424
  • Total Building Area: 1,888
  • Building Area: 1,888
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,888
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: RIGNEY PROP
  • Land Acres: 0.4
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LO1 REC RIGNEY PROP BM2001-00928

Ownership

  • Current Owner : CABA PROPERTIES II LLC
  • Previous Owner : LOVE WESLEY ALAN
  • Previous Owner 2: JOHNSON DEBORA LYNN
  • Owner Before Previous Owner: RIGNEY VIOLA H
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 051400

Zoning

  • Zoning: RX-3

Geography

  • Account Number: 0297574
  • District: 01
  • Parcel: 0794.12-86-4371 0297574
  • Lot: 1
  • Municipality: RALEIGH
  • Latitude: 35.8002
  • Longitude: -78.6679

    Address

  • Full Address: 2611 Wade Ave
  • Address - House Number: 2611
  • Address - Street Name: Wade
  • Address - Suffix Type: Ave
  • State: NC
  • City Name: Raleigh
  • Carrier Code: C006
  • 4-Digit Zip Code: 4115
  • Zip Code: 27607

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,499

    Appraisal Valuation

  • Standard Deviation: 0.1381
  • Valuation Date: Aug 31, 2022
  • Confidence Score: 83
  • Final Value: 830,465
  • High Value: 945,208
  • Low Value: 715,723

    Market Valuation

  • Market Total Value: $343,588
  • Market Land Value: $240,000
  • Market Improvement Value: $103,588

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $343,588
  • Assessed Land Value: $240,000
  • Assessed Improvements Value: $103,588

    Sales

  • Current Sale Contract Date: May 19, 2021
  • Current Sale Recording Date: May 20, 2021
  • Current Sale Transaction ID: 11843659788
  • Current Sale Price: $1,140,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: May 08, 2002
  • Previous Sale Contract Date: May 07, 2002
  • Previous Sale Amount: $182,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO HOME MTG INC
  • Previous Mortgage Transaction Date: May 08, 2002
  • Previous Mortgage Loan Amount: $145,600
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: May 01, 2032



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
2 Baths
1,044 ft²
$383/ft²
$400,000 Feb 15, 2023
-
$230/mo
Condo
2 Beds
2 Baths
978 ft²
$409/ft²
$399,900 Feb 2, 2023
-
$230/mo

About University


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Nearby Rentals

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$3,700 /mo

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  • 2,900 ft²
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Unit for rent at 400 W North Street, Raleigh, NC, 27603

$3,500 /mo

  • 3 Beds
  • 2 Baths
  • 1,630 ft²
400 W North Street, Raleigh, NC, 27603 Listing by Ann-Cabell Baum
Unit for rent at 801 Glenwood Avenue, Raleigh, NC, 27605

$1,500 /mo

  • 1 Bed
  • 1 Bath
801 Glenwood Avenue, Raleigh, NC, 27605 Listing by John O'Neal


Frequently Asked Questions

When was property at 2611 Wade Avenue built and last sold?
The property at 2611 Wade Avenue was built in 1951 and last sold on May 19, 2021 for $1,140,000.
How much is this home worth?
The estimated value of the home located at 2611 Wade Avenue is $393,448.
What are some comparable homes to 2611 Wade Avenue?
There are currently no comparable homes to 2611 Wade Avenue.

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