718 S State St Raleigh, NC 27601

$530,000

718 South State Street, Raleigh NC
718 S State St
$530,000
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718 S State St
Raleigh,NC27601(Central Raleigh)

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Home Details for 718 S State St


28 Days on Trulia
23 views
Triplex - Raleigh, NC
718 S State St Great investment oppotunity. 100% occupied, over 5k a month in rental income. Two triplexes for 6 units, built in 2008 so building is in good condition. Possaibility for rental increase to $1,000 a unit.
Schools
Hunter Elementary School
Approaches Standard

Ligon Middle School
Exceeds Standard

William G Enloe High School
Meets Standard
High
Crime
Features for 718 S State St

Information last updated on 06/12/2014 12:00 AM:
    • Price: $530,000
    • Multi-Family
    • Status: For Sale
    • Parking: Off Street
    • Floors: Tile
    • Exterior: Vinyl Siding
    • Lot Size: 0.6 acres
    • Built in 2008
    • Neighborhood: Central Raleigh
    • MLS/Source ID: 1954133
    • Zip: 27601

Public Records for 718 S State St


Official property, sales, and tax information from county (public) records as of 03/2014:
    • Quadruplex (4 units, any combination)
    • 5,040 sqft
    • Stories: 2 story with basement
    • Exterior Walls: Siding (Alum/Vinyl)
    • Style: Conventional
    • 3 Bathrooms
    • Lot Size: 7,405 sqft
    • A/C
    • 4 Units
    • County: Wake
    • 1 Partial Bathroom
    • Built In 2008
    • Heating: Forced air unit
    • Basement: Full Basement

Neighborhood Info


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            Total ratings: 738 | View all ratings
            Last updated 7 hours ago

            Affordability


            Monthly mortgage for 718 S State St

            Property Taxes and Assessment for 718 S State St


            Land
            Improvement
            Total
            $24,000
            +
            $227,939
            =
            $251,939
            Land
            Improvement
            Total
            $24,000
            +
            $227,939
            =
            $251,939
            Year Tax Assessment Market
            2014 N/A $251,939  N/A
            2013 $2,389 N/A N/A
            2008 N/A N/A $251,939 
            Source: Public Records

            Price History & Trends


            Price History for 718 S State St


            Date Event Price Source Agents
            09/06/2006 Sold view detail $47,500 Public records Public records  
            • Recording Date
              09/06/2006
            • Contract Date
              08/21/2006
            • Sale Price
              $47,500
            • Price Type
              Sales Price or Transfer Tax rounded by county prior to computation. Varies by county.
            • Total Transfer Tax
              $95
            • Transaction Type
              Purchase/Resale Arm's Length Residential Transaction
            • Document Type
              Warranty Deed

            Compare homes in the area to 718 S State St

            This Home
            $530,000
            VS
            $234,000
            $217,250

            Real Estate Trends in Central Raleigh


            Listing price for 718 S State St $530,000  
            Average listing price for similar homes $340,586 36% below listing price
            Average sale price for similar homes $494,500 7% below listing price
            Average listing price for all homes in Central Raleigh $298,587 78% below listing price
            Median sale price for all homes in Central Raleigh $234,000 56% below listing price

            Comparables and Estimates around 718 S State St


            $1,099,500
            4 br / 2 ba
            Single-Family Home
            OPEN HOUSE Sun Oct 16, 2pm to 4pm
            • Sold Homes near 718 S State St


              Address Distance Property Type Sold price Sold date Bed Bath Sqft
              1304 Mordecai Dr, Raleigh NC 1.79 Multi-Family $380,000 11/19/13 - - 1,650
              1524 Hanover St, Raleigh NC 2.32 Multi-Family $609,000 06/03/14 - - 1,779
            • Home Estimates for 718 S State St

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