See Home Value
$548,499*
House - Off Market

609 E Lane Street

Raleigh, NC 27601
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1593 Sqft
$338,000 - $412,000
Reference Base Price*
46.27%
Since Jan 1, 2020
National-US
Primary Model
Sold Oct 16, 2020
$625,000
Sold Dec 19, 2019
$350,000
$420,000 by Providence Bank
Mortgage

About This Property

Back on the market after resolving title concerns, this fixer-Upper is a rare opportunity in Historic Oakwood! Great peaceful corner lot, yet walking distance to many downtown conveniences. High ceilings, hardwoods, rocking chair porch & a fenced-in yard.  2 large bedrooms and 2 large living rooms. Buyers ask your agent for a copy of the remodeling floor plan ideas for this home provided in the listing docs. Seller has never lived in home. Home sold As-Is, Agent is related to seller.

The manager has listed the unit size as 1593 square feet.
Unit Size
1,593Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$235
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1910

Price History

Date / Event Date Event Price
Dec 21, 2019 No longer available -
No longer available
Nov 10, 2019 Price Decreased $375,000
↓ $10K (2.6%)
Price Decreased
Sep 29, 2019 Price Decreased $385,000
↓ $7K (1.8%)
Price Decreased
Sep 23, 2019 Price Decreased $392,000
↓ $3K (0.8%)
Price Decreased
Sep 13, 2019 Price Increased $395,000
↑ $5K (1.3%)
Price Increased
Show More

Property Highlights

Fireplace
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1910
  • Effective Year Built: 2020
  • Total Rooms: 6
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Good
  • Construction Type: Frame
  • Building Style: Conventional
  • Roof Shape Type: Gable
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,227
  • Total Building Area: 1,524
  • Building Area: 1,524
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,524
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Land Acres: 0.12
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 609 E LANE STREET

Ownership

  • Current Owner : MONTGOMERY JOHN
  • Current Owner 2: PARRY SUSAN
  • Previous Owner : WRIGHT PROJECTS LLC
  • Owner Before Previous Owner: EQUITY TRUST COMPANY CUSTODIAN
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 050600

Zoning

  • Zoning: R-10

Geography

  • Account Number: 0069699
  • District: 01
  • Parcel: 1704.20-90-8369 0069699
  • Municipality: RALEIGH
  • Latitude: 35.7838
  • Longitude: -78.6296

    Address

  • Full Address: 609 E Lane St
  • Address - House Number: 609
  • Street Direction: E
  • Address - Street Name: Lane
  • Address - Suffix Type: St
  • State: NC
  • City Name: Raleigh
  • Carrier Code: C007
  • 4-Digit Zip Code: 1145
  • Zip Code: 27601

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,603

    Appraisal Valuation

  • Standard Deviation: 0.1157
  • Valuation Date: Aug 31, 2022
  • Confidence Score: 87
  • Final Value: 880,079
  • High Value: 981,925
  • Low Value: 778,232

    Market Valuation

  • Market Total Value: $551,436
  • Market Land Value: $285,000
  • Market Improvement Value: $266,436

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $551,436
  • Assessed Land Value: $285,000
  • Assessed Improvements Value: $266,436

    Sales

  • Current Sale Contract Date: Oct 07, 2020
  • Current Sale Recording Date: Oct 16, 2020
  • Current Sale Transaction ID: 11825561447
  • Current Sale Price: $625,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Dec 19, 2019
  • Previous Sale Contract Date: Dec 05, 2019
  • Previous Sale Amount: $350,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: PROVIDENCE BANK
  • Previous Mortgage Transaction Date: Dec 19, 2019
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $420,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Building or Construction Loan



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
2 Beds
1 Bath
1,357 ft²
$291/ft²
$395,000 Oct 19, 2023
-
$150/mo
House
2 Beds
1 Bath
1,037 ft²
$337/ft²
$349,900 Mar 14, 2024
-
$189/mo
House
2 Beds
1 Bath
752 ft²
$455/ft²
$342,000 Mar 21, 2024
-
$150/mo
House
2 Beds
1 Bath
696 ft²
$444/ft²
$309,000 Nov 4, 2023
-
$168/mo
House
3 Beds
2 Baths
1,138 ft²
$368/ft²
$419,000 Mar 9, 2024
-
-
House
1 Bed
1 Bath
736 ft²
$476/ft²
$350,000 Jun 26, 2023
-
$92/mo
Land
Loft
-
-
$360,000 Mar 22, 2024
-
$114/mo
Land
Loft
-
-
$300,000 Mar 21, 2024
-
$126/mo
Land
Loft
-
-
$300,000 Mar 15, 2024
-
$126/mo

About Central Raleigh


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Nearby Rentals

Unit for rent at

$1,850 /mo

  • 2 Beds
  • 1 Bath
  • 938 ft²
Listing by Mike Attayek
Unit for rent at

$1,750 /mo

  • 2 Beds
  • 1 Bath
Listing by Ann-Cabell Baum
Unit for rent at

$1,800 /mo

  • 2 Beds
  • 0.5 Bath
Listing by Lexie Batchelor


Frequently Asked Questions

When was property at 609 East Lane Street built and last sold?
The property at 609 East Lane Street was built in 1910 and last sold on Oct 7, 2020 for $625,000.
How much is this home worth?
The estimated value of the home located at 609 East Lane Street is $392,273.
What are some comparable homes to 609 East Lane Street?
There are currently no comparable homes to 609 East Lane Street.

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