See Home Value
$257,000
● House - Off Market

3718 Lee Road

Raleigh, NC 27604
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,480 Ft²
$316,057
RealtyHop Estimate
21.61%
Since May 1, 2021
National-US
Primary Model

About This Property

Meticulously updated ranch style house located on a spacious lot in a desirable North East Raleigh neighborhood. Great flow throughout. New LVP & carpet flooring. Pinterest inspired bathrooms with tile floors and walls. Spacious kitchen with exposed shelving and tons of cabinet space. Ceramic backsplash sits atop a stunning granite adding the perfect contrast| Stainless steel appliances| Back porch leads out to your enormous yard with a 3-tiered deck! Check it out! Seller offering 3k in closing costs!
Unit Size
1,480 Ft²
Days on Market
-
Land Size
0.45 acres
Price per sqft
$176
Property Type
House
Property Taxes
$126
HOA Dues
-
Year Built
1954

Payment Calculator

Cap Rate Calculator

Last updated: 2 years ago (TMLS #2360383)

Price History

Date / Event Date Event Price
Mar 5, 2025 Sold
Sold
Jan 28, 2025 In contract -
In contract
Jan 23, 2025 Listed by Coldwell Banker HPW $345,000
Listed by Coldwell Banker HPW
Welcome to an incredible home that you will absolutely love. Very convenient to downtown Raleigh but feels like its in the country. This home oozes with charm and character that can't be replicated in new homes. Extensively updated in 2020, this three bedroom ranch lives much larger than the 1500 square feet. That number does not include the enclosed porch/sunroom that may become your favorite room. The spacious family room with dining area will be the gathering point for all activities.. If features a wood burning fireplace with built-in bookcase on both sides. It opens to a very large deck with a pergola. The kitchen is gorgeous with granite countertops, marble backsplash, white cabinets and stainless steel appliances replaced in 2020. Off the kitchen is the large utility/laundry room that doubles as a walk-in pantry. The original living room now functions as a play room and office with built-ins. The primary bedroom features two closets and an updated bathroom with walk-in shower. There are two nicely sized secondary bedrooms with an updated second full bath between them. Enjoy a very large, fenced backyard with two large decks, a fire pit, and a very large shed or workshop with a covered area next to it. The roof, HVAC and water heater have all been replaced since 2020. You can built a large workshop or ADU in the backyard (zoned R6). Connected to city water and sewer. The half acre lots in this community give you room to breathe and it is extremely quiet. No HOA, no dues.
Apr 7, 2021 Sold
Sold
Jan 6, 2021 Listed by THE CEDENO GROUP REAL ESTATE LLC $259,900
Listed by THE CEDENO GROUP REAL ESTATE LLC
Show More

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1954
  • Total Rooms: 5
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 15
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 0
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 5
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 19,602
  • Total Building Area: 1,464
  • Building Area: 1,464
  • Building Area Measurement: E

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,464
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: NEW HOPE ACRES
  • Land Acres: 0000000450
  • Standard Land Use Code: 1001
  • County Land Use Code: 01
  • Legal Description 1: LO14 NEW HOPE ACRES

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 052707

Zoning

  • Zoning: R-6

Geography

  • Account Number: 0101645
  • District: 17
  • Parcel: 1725.07-69-1140 0101645
  • Lot: 14
  • Municipality: ST MATTHEW'S
  • Latitude: 35.8351
  • Longitude: -78.5744

    Address

  • Full Address: 3718 Lee Rd
  • Address - House Number: 3718
  • Address - Street Name: Lee
  • Address - Suffix Type: Rd
  • State: NC
  • City Name: Raleigh
  • Carrier Code: C032
  • 4-Digit Zip Code: 4237
  • Zip Code: 27604

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $172,863

    Appraisal Valuation

  • Standard Deviation: 0.1393
  • Valuation Date: Oct 11, 2023
  • Confidence Score: 83
  • Final Value: 301,433
  • High Value: 343,438
  • Low Value: 259,427

    Market Valuation

  • Market Total Value: $156,755
  • Market Land Value: $65,000
  • Market Improvement Value: $91,755

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $156,755
  • Assessed Land Value: $65,000
  • Assessed Improvements Value: $91,755

    Sales

  • Current Sale Contract Date: Apr 07, 2021
  • Current Sale Recording Date: Apr 07, 2021
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Previous Sale Recording Date: Oct 21, 2020
  • Previous Sale Contract Date: Oct 21, 2020
  • Previous Sale Amount: $168,500
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: ADJ
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Northeast Raleigh


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 6003 Kohler Lane, Raleigh, NC, 27616

$1,895 /mo

  • 3 Beds
  • 2 Baths
  • 1,824 ft²
6003 Kohler Lane, Raleigh, NC, 27616 Listing by Rob Wellman
Unit for rent at 4631 Malone Court, Raleigh, NC, 27616

$1,950 /mo

  • 3 Beds
  • 2 Baths
  • 1,650 ft²
4631 Malone Court, Raleigh, NC, 27616 Listing by Vincent Thai
Unit for rent at 5224 Round Hill Lane, Raleigh, NC, 27616

$1,920 /mo

  • 3 Beds
  • 2 Baths
  • 1,622 ft²
5224 Round Hill Lane, Raleigh, NC, 27616 Listing by Jason Pittman


Frequently Asked Questions

When was property at 3718 Lee Road built and last sold?
The property at 3718 Lee Road was built in 1954 and last sold on Apr 7, 2021 for $257,000.
How much is this home worth?
The estimated value of the home located at 3718 Lee Road is $0.
What are some comparable homes to 3718 Lee Road?
There are currently no comparable homes to 3718 Lee Road.