Check Availability
$284,000 - $346,000
House - In Contract

501 Locust Lane

Raleigh, NC 27603
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1561 Sqft
Sold Mar 03, 2021
$1,306,500
Sold May 01, 2018
$110,000

About This Property

Wonderful opportunity on the edge of Raleigh and Garner! This split level is ready for someone to call it home. Main floor with living room and kitchen, upper level with 3 bedrooms and full bath, and lower level with large family room, full bathroom, and large separate laundry room! Large cul-de-sac lot. No city taxes! Contact list agent for additional questions

The manager has listed the unit size as 1561 square feet.
Unit Size
1,561Ft²
Days on Market
-
Land Size
0.54 acres
Price per sqft
$202
Property Type
House
Property Taxes
$121
HOA Dues
-
Year Built
1964
Listed By
Peter Greijn
Referral Realty.US, LLC.

Price History

Date / Event Date Event Price
Mar 28, 2024 In contract -
In contract
Mar 19, 2024 Listed $315,000
Listed

Property Highlights

Air Conditioning
Exterior Details

Exterior Information

Brick Veneer
Masonite

Building Info

Overview

    General

  • Year Built: 1964
  • Effective Year Built: 1984
  • Total Rooms: 7
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Good
  • Construction Type: Frame
  • Building Style: Split level
  • Exterior Walls Type: Brick
  • Roof Shape Type: Gable
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 516
  • Garage Type: Carport
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 23,522
  • Total Building Area: 1,596
  • Building Area: 1,596
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,596
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: RANGEWOOD SUB
  • Land Acres: 0.54
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LO33 RANGEWOOD SUB SE2

Ownership

  • Current Owner : BSFR I OWNER I LP
  • Previous Owner : REX RESIDENTIAL PROPERTY OWNER A LLC
  • Owner Before Previous Owner: SHARP LESLEE R
  • Ownership Rights Codes: Partnership
  • Current Owner Is a Corporation Indicator: Yes
  • Vacant Flag: Address Standardization Based
  • Vacant Flag Date: Jan 15, 2024

Neighborhood

  • School District Name: Wake County Schools
  • School Tax School District: 23
  • Census Tract: 052802

Zoning

  • Zoning: R2

Geography

  • Account Number: 0074628
  • District: 16
  • Section: 2
  • Parcel: 1701.19-52-3029 0074628
  • Lot: 33
  • Municipality: ST MARY'S
  • Latitude: 35.7061
  • Longitude: -78.6453

    Address

  • Full Address: 501 Locust Ln
  • Address - House Number: 501
  • Address - Street Name: Locust
  • Address - Suffix Type: Ln
  • State: NC
  • City Name: Raleigh
  • Carrier Code: C007
  • 4-Digit Zip Code: 4319
  • Zip Code: 27603

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,457
  • Intital Tax Deliquent Year: 2020

    Appraisal Valuation

  • Standard Deviation: 0.1431
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 83
  • Final Value: 309,260
  • High Value: 353,521
  • Low Value: 264,998

    Market Valuation

  • Market Total Value: $184,348
  • Market Land Value: $55,000
  • Market Improvement Value: $129,348

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $184,348
  • Assessed Land Value: $55,000
  • Assessed Improvements Value: $129,348

    Sales

  • Current Sale Contract Date: Mar 01, 2021
  • Current Sale Recording Date: Mar 03, 2021
  • Current Sale Transaction ID: 11835324579
  • Current Sale Price: $1,306,500
  • Current Sale Document Type: Special Warranty Deed
  • Previous Sale Recording Date: May 01, 2018
  • Previous Sale Contract Date: Apr 26, 2018
  • Previous Sale Amount: $110,000
  • Previous Sale Document Type: Special Warranty Deed

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
2 Baths
1,353 ft²
$259/ft²
$350,000 Mar 14, 2024
-
$262/mo

About Rangewood


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Nearby Rentals

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Unit for rent at 3020 Spline Circle, Raleigh, NC, 27610

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3020 Spline Circle, Raleigh, NC, 27610 Listing by Pamela Rose
Unit for rent at 1105 Ileagnes Road, Raleigh, NC, 27603

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Frequently Asked Questions

When was property at 501 Locust Lane built and last sold?
The property at 501 Locust Lane was built in 1964 and last sold on Mar 1, 2021 for $1,306,500.
How much is this home worth?
The estimated value of the home located at 501 Locust Lane is $318,150.
What are some comparable homes to 501 Locust Lane?
Homes that are comparable to 501 Locust Lane include a house property at 1505 Burchcrest Drive, located in Garner, NC.

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