See Home Value
$1,929,000 - $2,357,000
House - Off Market

431 Oakland Drive

Raleigh, NC 27609
bedrooms
4 Beds
bathrooms
3.5 Baths, 1 Half Bath
square feet
3880 Sqft
Sold Oct 21, 2022
$700,000
$1,615,000 by Fulton Bank Na
Mortgage Due Mar 01, 2055
Sold Jan 01, 1977
$47,500

About This Property

Presale Opportunity on .76 Acres Inside the Beltline/North Hills! Build with Custom Estate Homes, Inc., one of Raleigh's Premier 100% Turn Key/Custom Builders!

The manager has listed the unit size as 3880 square feet.
Unit Size
3,880Ft²
Days on Market
-
Land Size
0.76 acres
Price per sqft
$552
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1955

Price History

Date / Event Date Event Price
Feb 15, 2024 No longer available -
No longer available
Jan 4, 2024 In contract -
In contract
Jan 3, 2024 No longer available -
No longer available
Dec 15, 2023 In contract -
In contract
Dec 15, 2023 Price Increased $2,143,252
↑ $1M (206.2%)
Price Increased
Show More

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1990
  • Total Rooms: 6
  • 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: 0
  • Garage Type: Carport
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 33,106
  • Total Building Area: 1,761
  • Building Area: 1,761
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,761
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: D L JORDAN PROP
  • Land Acres: 0.76
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LO1 D.L. JORDAN PROP RCMB BM2023-00664

Ownership

  • Current Owner : SHAFFER BRUCE E
  • Current Owner 2: SHAFFER ELLISHA B
  • Previous Owner : VALACHOVIC FREDERIC S
  • Previous Owner 2: VALACHOVIC BETTY D
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 052603

Zoning

  • Zoning: R-4

Geography

  • Account Number: 0073478
  • District: 01
  • Parcel: 1705.12-95-2757 0073478
  • Lot: 1
  • Municipality: RALEIGH
  • Latitude: 35.826
  • Longitude: -78.6314

    Address

  • Full Address: 431 Oakland Dr
  • Address - House Number: 431
  • Address - Street Name: Oakland
  • Address - Suffix Type: Dr
  • State: NC
  • City Name: Raleigh
  • Carrier Code: C002
  • 4-Digit Zip Code: 7817
  • Zip Code: 27609

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,971

    Appraisal Valuation

  • Standard Deviation: 0.135
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 84
  • Final Value: 695,576
  • High Value: 789,490
  • Low Value: 601,662

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,615,000
  • First Open Lien Mortgage Lender: FULTON BANK NA
  • First Open Lien Mortgage Recording Date: Aug 03, 2023
  • First Open Lien Mortgage Loan Amount: $1,615,000
  • First Open Lien Mortgage Term: 378
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2055

    Market Valuation

  • Market Total Value: $454,225
  • Market Land Value: $346,500
  • Market Improvement Value: $107,725

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $454,225
  • Assessed Land Value: $346,500
  • Assessed Improvements Value: $107,725

    Sales

  • Current Sale Contract Date: Oct 10, 2022
  • Current Sale Recording Date: Oct 21, 2022
  • Current Sale Transaction ID: 11897929505
  • Current Sale Price: $700,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Jan 01, 1977
  • Previous Sale Contract Date: Jan 01, 1977
  • Previous Sale Amount: $47,500
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: SECURITYNATIONAL MORTGAGE COMP
  • First Mortgage Transaction Date: Oct 21, 2022
  • First Mortgage Loan Amount: $665,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2052



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
4 Beds
4.5 Baths
4,000 ft²
$449/ft²
$1,795,000 Nov 25, 2023
-
-
House
5 Beds
6.5 Baths
4,513 ft²
$554/ft²
$2,500,000 Nov 1, 2022
-
-
House
5 Beds
4.5 Baths
4,478 ft²
$400/ft²
$1,790,000 Dec 3, 2023
-
-
House
5 Beds
6.5 Baths
4,513 ft²
$554/ft²
$2,500,000 Dec 3, 2023
-
-
House
5 Beds
5.5 Baths
5,518 ft²
$390/ft²
$2,150,000 Aug 15, 2023
-
$315/mo

About North Hills


Similar Homes for Sale

Unit for sale at 436 Oakland Drive, Raleigh, NC 27609

$2,500,000

  • 5 Beds
  • 6.5 Baths
  • 4,513 ft²
436 Oakland Drive, Raleigh, NC 27609 Listing by Howard Perry & Walston Realtor
Unit for sale at 2806 Anderson Drive, Raleigh, NC 27608

$1,790,000

  • 5 Beds
  • 4.5 Baths
  • 4,478 ft²
2806 Anderson Drive, Raleigh, NC 27608 Listing by Howard Perry & Walston Realtor
Unit for sale at 436 Oakland Drive, Raleigh, NC 27609

$2,500,000

  • 5 Beds
  • 6.5 Baths
  • 4,513 ft²
436 Oakland Drive, Raleigh, NC 27609 Listing by James Allen

Nearby Rentals

Unit for rent at 4902 Lakemont Dr, Raleigh, NC, 27609

$3,100 /mo

  • 3 Beds
  • 3 Baths
  • 2,022 ft²
4902 Lakemont Dr, Raleigh, NC, 27609 Listing by Tim Lehan
Unit for rent at 4116 Converse Drive, Raleigh, NC, 27609

$2,950 /mo

  • 4 Beds
  • 2.5 Baths
  • 1,810 ft²
4116 Converse Drive, Raleigh, NC, 27609 Listing by Jason Caron
Unit for rent at 5405 Mapleridge Rd., Raleigh, NC, 27609

$3,000 /mo

  • 4 Beds
  • 2.5 Baths
  • 2,340 ft²
5405 Mapleridge Rd. #5405 Mapleridge Rd., Raleigh, NC, 27609 Listing by Manager


Frequently Asked Questions

When was property at 431 Oakland Drive built and last sold?
The property at 431 Oakland Drive was built in 1955 and last sold on Oct 10, 2022 for $700,000.
How much is this home worth?
The estimated value of the home located at 431 Oakland Drive is $2,323,000.
What are some comparable homes to 431 Oakland Drive?
Homes that are comparable to 431 Oakland Drive include a house property at 4100 Amherst Lane, 436 Oakland Drive, 2806 Anderson Drive.

Quantcast