See Home Value
$649,659*
House - Off Market

402 Cole Street

Raleigh, NC 27605
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1881 Sqft
$572,000 - $698,000
Reference Base Price*
2.31%
Since Aug 1, 2022
National-US
Primary Model
Sold Jul 25, 2022
$705,000
$625,000 by Coastal Federal Credit Union
Mortgage Due Aug 01, 2052
Sold Jan 06, 2022
$655,000

About This Property

The manager has listed the unit size as 1881 square feet.
Unit Size
1,881Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$338
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1926

Price History

Date / Event Date Event Price
Jul 27, 2022 No longer available -
No longer available
Jul 25, 2022 Sold to Elizabeth Nicholaides $705,000
Sold to Elizabeth Nicholaides
Jun 24, 2022 In contract -
In contract
Jun 15, 2022 Price Decreased $635,000
↓ $10K (1.5%)
Price Decreased
Jun 7, 2022 Price Decreased $644,900
↓ $5K (0.8%)
Price Decreased
Show More

Property Highlights

Fireplace
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1926
  • Effective Year Built: 1980
  • Total Rooms: 7
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Construction Type: Brick
  • Building Style: Conventional
  • Exterior Walls Type: Brick
  • Roof Shape Type: Gable
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 600
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 9,583
  • Total Building Area: 1,980
  • Building Area: 1,980
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,980
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: GLENWOOD
  • Land Acres: 0.22
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LO19 & 20 GLENWOOD BL35 BM1885-00115

Ownership

  • Current Owner : NICHOLAIDES ELIZABETH
  • Previous Owner : RDFN VENTURES INC
  • Owner Before Previous Owner: JOHNSTON DAVID S
  • Owner Before Previous Owner 2: JOHNSTON JAN S
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 050300

Zoning

  • Zoning: R-10

Geography

  • Account Number: 0002468
  • District: 01
  • Parcel: 1704.11-55-5246 0002468
  • Lot: 19,20
  • Municipality: RALEIGH
  • Latitude: 35.7971
  • Longitude: -78.6441

    Address

  • Full Address: 402 Cole St
  • Address - House Number: 402
  • Address - Street Name: Cole
  • Address - Suffix Type: St
  • State: NC
  • City Name: Raleigh
  • Carrier Code: C001
  • 4-Digit Zip Code: 1206
  • Zip Code: 27605

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,280

    Appraisal Valuation

  • Standard Deviation: 0.0687
  • Valuation Date: Aug 31, 2022
  • Confidence Score: 96
  • Final Value: 632,843
  • High Value: 676,322
  • Low Value: 589,363

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $625,000
  • First Open Lien Mortgage Lender: COASTAL FEDERAL CREDIT UNION
  • First Open Lien Mortgage Recording Date: Jul 25, 2022
  • First Open Lien Mortgage Loan Amount: $625,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2052

    Market Valuation

  • Market Total Value: $519,493
  • Market Land Value: $282,150
  • Market Improvement Value: $237,343

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $519,493
  • Assessed Land Value: $282,150
  • Assessed Improvements Value: $237,343

    Sales

  • Current Sale Contract Date: Jul 18, 2022
  • Current Sale Recording Date: Jul 25, 2022
  • Current Sale Transaction ID: 11892750238
  • Current Sale Price: $705,000
  • Current Sale Document Type: Special Warranty Deed
  • Previous Sale Recording Date: Jan 06, 2022
  • Previous Sale Contract Date: Jan 06, 2022
  • Previous Sale Amount: $655,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: COASTAL FEDERAL CREDIT UNION
  • First Mortgage Transaction Date: Jul 25, 2022
  • First Mortgage Loan Amount: $625,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2052



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
2 Beds
1 Bath
1,386 ft²
$451/ft²
$625,000 Mar 9, 2023
-
$381/mo
House
2 Beds
2 Baths
1,488 ft²
$349/ft²
$519,000 Oct 24, 2022
-
-
House
2 Beds
1 Bath
1,240 ft²
$484/ft²
$600,000 Mar 25, 2023
-
$319/mo
House
3 Beds
2 Baths
1,636 ft²
$427/ft²
$699,000 Mar 23, 2023
-
$441/mo
Condo
2 Beds
2.5 Baths
1,535 ft²
$489/ft²
$750,000 Mar 2, 2023
-
$463/mo
Condo
2 Beds
2 Baths
974 ft²
$570/ft²
$554,900 Feb 16, 2022
-
-
Condo
2 Beds
2 Baths
974 ft²
$566/ft²
$550,900 Aug 2, 2022
-
-

About University


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Frequently Asked Questions

When was property at 402 Cole Street built and last sold?
The property at 402 Cole Street was built in 1926 and last sold on Jul 18, 2022 for $705,000.
How much is this home worth?
The estimated value of the home located at 402 Cole Street is $658,830.
What are some comparable homes to 402 Cole Street?
There are currently no comparable homes to 402 Cole Street.

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