When was property at 508 Oakland Drive built and last sold?

The property at 508 Oakland Drive was built in 1962 and last sold on Sep 29, 2021 for $700,000.

How much is this home worth?

The estimated value of the home located at 508 Oakland Drive is $832,866.

What are some comparable homes to 508 Oakland Drive?

There are currently no comparable homes to 508 Oakland Drive.

Raleigh

27609

North Hills

508 Oakland Drive

1 / 30

Map

$915,438*

● House - Off Market

508 Oakland Drive

Raleigh, NC 27609

4 Beds

4 Baths

3271 Sqft

$720,000 - $878,000

Reference Base Price*

14.44%

Since Sep 1, 2021

National-US

Primary Model

Sold Oct 01, 2021

$700,000

Reams Shelly K Speer Kevin P

Buyer

Ward William Neil Ward Kim A

Seller

$623,000 by First Citizens Bank & Trust Co

Mortgage

About This Property

.58 acre lot Zoned R-4 may have opportunity to split lot. BA to verify. Home sold as is. Tons of square footage with extra unfinished space too. Home has great space for hard to find in-law suite on main level. All bedrooms are generous in size, large kitchen with breakfast area plus formal dining. Family room with fireplace. This property has great bones, fantastic location and waiting for new owner to make it there own. More pictures coming next week. Home needs updating but what a gem you will have.

The manager has listed the unit size as 3271 square feet.

Unit Size

3,271Ft²

Days on Market

Land Size

0.58 acres

Price per sqft

$245

Property Type

House

Property Taxes

HOA Dues

Year Built

1962

Price History

Date / Event	Date	Event
Oct 1, 2021	Sold to Kevin P Speer, Shelly K Reams	$700,000
Sold to Kevin P Speer, Shelly K Reams
Aug 29, 2021	No longer available	-
No longer available
Jul 29, 2021	Listed	$799,900
Listed

Property Highlights

Fireplace

Air Conditioning

Building Info

Overview

General

Year Built: 1962

Effective Year Built: 1962
Total Rooms: 7
Bedroom Count: 0
Bathroom Count: 3
Full Bathrooms: 3
Partial Bathrooms: 3
Building Condition: Excellent
Construction Type: Brick
Building Style: Conventional
Exterior Walls Type: Brick
Roof Shape Type: Gable
Floor Count: 1
Living Units: 1
Basement Type: Partial basement
Basement Area: 699
Garage Type: Carport
Parking Space Count: 0

Dimensions

Lot Size Square Feet: 25,265

Total Building Area: 2,849
Building Area: 2,849
Building Area Measurement: Heated Area

Heating and Cooling

Fireplace Count: 1

Air Conditioning: Central air conditioning
Heating: Central heating
Heated Square Feet: 2,849
Heating Fuel Type: Gas

Utilities

Sewer System: Yes

Water Service: Yes

Building

Property Class: Residential

Subdivision: JORDAN S/D
Land Acres: 0.58
Standard Land Use Code: Single family residential
Legal Description 1: LO2 D L JORDAN S/D BLC

Ownership

Current Owner : REAMS SHELLY K

Current Owner 2: SPEER KEVIN P
Previous Owner : WARD WILLIAM NEIL
Previous Owner 2: WARD KIM A
Ownership Rights Codes: Husband and wife

Neighborhood

School District Name: Wake County Schools

Census Tract: 052603

Zoning

Zoning: R-4

Geography

Account Number: 0074113

District: 01
Parcel: 1705.12-95-6388 0074113
Lot: 2
Municipality: RALEIGH
Latitude: 35.825
Longitude: -78.63

Address

Full Address: 508 Oakland Dr

Address - House Number: 508
Address - Street Name: Oakland
Address - Suffix Type: Dr
State: NC
City Name: Raleigh
Carrier Code: C002
4-Digit Zip Code: 7820
Zip Code: 27609

Valuation

Tax

Tax Year: 2022

Tax Amount: $4,655

Appraisal Valuation

Standard Deviation: 0.1237

Valuation Date: Aug 31, 2022
Confidence Score: 86
Final Value: 844,996
High Value: 949,590
Low Value: 740,403

Open Liens

Total Open Liens: 1

Total Open Liens Amount: $623,000
First Open Lien Mortgage Lender: FIRST CITIZENS BANK & TRUST CO
First Open Lien Mortgage Recording Date: Oct 01, 2021
First Open Lien Mortgage Loan Amount: $623,000
First Open Lien Mortgage Term: 360
First Open Lien Mortgage Position: 1
First Open Lien Mortgage Loan Type: Commercial

Market Valuation

Market Total Value: $457,762

Market Land Value: $313,500
Market Improvement Value: $144,262

Assessments Valuation

Assessed Year: 2022

Assessed Total Value: $457,762
Assessed Land Value: $313,500
Assessed Improvements Value: $144,262

Sales

Current Sale Contract Date: Sep 29, 2021

Current Sale Recording Date: Oct 01, 2021
Current Sale Transaction ID: 11864597802
Current Sale Price: $700,000
Current Sale Document Type: Warranty Deed

Last Sale Mortgage

First Mortgage Lender: FIRST CITIZENS BANK & TRUST CO

First Mortgage Transaction Date: Oct 01, 2021
First Mortgage Loan Amount: $623,000
First Mortgage Terms: 360
First Mortgage Loan Type: Commercial

Redact Ownership Info

Comparables

3604 Julia Lane

Active

Townhouse

3 Beds

3.5 Baths

2,445 ft²

$306/ft²

$749,000 Nov 17, 2023

$710/mo

About North Hills

Stats & Trends

Median Asking:

$800,000

Sale Price/ft²

$361

Below Asking

0.02%

Average Days on Market

Average Home Size

3754 ft²

Average Home Age

15.4 years

Currently For Sale

56 Listings

Similar Homes for Sale

Unit for sale at 3604 Julia Lane, Raleigh, NC 27609

$749,000

3 Beds
3.5 Baths
2,445 ft²

3604 Julia Lane, Raleigh, NC 27609 Listing by Elizabeth Ferrel

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1 Bed
1 Bath
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508 Oakland Drive

About This Property

Price History

Property Highlights

Building Info

Overview

Building

Ownership

Neighborhood

Zoning

Geography

Valuation

Comparables

About North Hills

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions