See Home Value
Raleigh 27610 Hillcrest
3816 Thelma Street E
$765,000 - $935,000
Land - Off Market

3816 Thelma Street E

Raleigh, NC 27610
bedrooms
Studio
bathrooms
0 Bath
Sold Jan 18, 2011
$99,750
Sold Feb 22, 2006
$135,000
$121,500 by Argent Mortgage Company Llc
Mortgage Due Mar 01, 2036

About This Property

This property is priced for sale based on new land value for highest and best use.  this same listing as2481610 in TMLS under multifamily. builder will take 1140 sq. ft off back tip to make another lot work if this property is sold by itself.  To e settled with offer. City has indicated new zoning can e RX4 which requires elevators but no restrictions on parking as Rapid Bus Service nearby.       Improvements could be shown with 48 hrs . notice and prequalification letter. Listing Co. holds no EARNEST Money. Accordng to new UDO rules and my seller, 17 Two Story Townhomes and 17 ADU's can be built on this lot. There is city water and sewer available and street is paved .Electricity, Cable is available. Busline  runs  on  New Bern Ave. and is in Walking Distance.
Unit Size
-
Days on Market
-
Land Size
0.79 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
-
Year Built
1969

Price History

Date / Event Date Event Price
Feb 15, 2024 No longer available -
No longer available
Jan 4, 2024 Relisted $850,000
Relisted
Jan 3, 2024 No longer available -
No longer available
May 31, 2023 Relisted $850,000
Relisted
Apr 15, 2023 In contract -
In contract
Show More

Property Highlights

Building Info

Overview

    General

  • Year Built: 1969
  • Effective Year Built: 1969
  • Total Rooms: 8
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: Average
  • Construction Type: Brick
  • Building Style: Duplex
  • Exterior Walls Type: Brick
  • Roof Shape Type: Gable
  • Floor Count: 1
  • Living Units: 2
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 34,412
  • Total Building Area: 2,696
  • Building Area: 2,696
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,696
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BEACON LAKE
  • Land Acres: 0.79
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: LO147 & 148 BEACON LAKE

Ownership

  • Current Owner : DEUTSCHE BANK NATIONAL TRUST COMPANY
  • Previous Owner : VERNON VERNON JAY
  • Previous Owner 2: VERNON TERRI L
  • Owner Before Previous Owner: BENEVIDES DAVID M
  • Owner Before Previous Owner 2: BENEVIDES KATHERINE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 054106

Zoning

  • Zoning: R-4

Geography

  • Account Number: 0076853
  • District: 17
  • Parcel: 1724.15-64-4676 0076853
  • Lot: 147
  • Municipality: ST MATTHEW'S
  • Latitude: 35.7956
  • Longitude: -78.5736

    Address

  • Full Address: 3816 Thelma St
  • Address - House Number: 3816
  • Address - Street Name: Thelma
  • Address - Suffix Type: St
  • State: NC
  • City Name: Raleigh
  • Carrier Code: C022
  • 4-Digit Zip Code: 2489
  • Zip Code: 27610

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,079
  • Intital Tax Deliquent Year: 2019

    Appraisal Valuation

  • Standard Deviation: 0.068
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 96
  • Final Value: 863,354
  • High Value: 922,121
  • Low Value: 804,586

    Market Valuation

  • Market Total Value: $95,308
  • Market Land Value: $54,000
  • Market Improvement Value: $41,308

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $95,308
  • Assessed Land Value: $54,000
  • Assessed Improvements Value: $41,308

    Sales

  • Current Sale Contract Date: Jan 14, 2011
  • Current Sale Recording Date: Jan 18, 2011
  • Current Sale Transaction ID: 1128802590
  • Current Sale Price: $99,750
  • Current Sale Document Type: Trustee's Deed (Certificate of Title)
  • Previous Sale Recording Date: Feb 22, 2006
  • Previous Sale Contract Date: Jan 24, 2006
  • Previous Sale Amount: $135,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: ARGENT MORTGAGE COMPANY LLC
  • Previous Mortgage Transaction Date: Feb 22, 2006
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $121,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • Previous Mortgage Loan Due Date: Mar 01, 2036



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Condo
Stu
-
-
$850,000 Oct 29, 2022
-
$136/mo

About Southeast Raleigh


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Frequently Asked Questions

When was property at 3816 Thelma Street built and last sold?
The property at 3816 Thelma Street was built in 1969 and last sold on Jan 14, 2011 for $99,750.
How much is this home worth?
The estimated value of the home located at 3816 Thelma Street is $858,500.
What are some comparable homes to 3816 Thelma Street?
Homes that are comparable to 3816 Thelma Street include a land property at 3816 Thelma Street, located in Raleigh, NC.

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