508 Phelps Ave

Beds
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

All brick building with 6x 2BD/1BA units. Located walking distance to Cameron Village, Hillsborough Street and NC State. Ideal apartments for students and young professionals. Contact LA for rent roll and survey. .63 acres lot with potential subdivision to four (maybe five) individual lots. Rents are below market at about $550/unit. Could be $700-$800. HVAC varies by unit.All brick building with 6x 2BD/1BA units. Located walking distance to Cameron Village, Hillsborough Street and NC State. Ideal apartments for students and young professionals. Contact LA for rent roll and survey. .63 acres lot with potential subdivision to four (maybe five) individual lots. Rents are below market at about $550/unit. Could be $700-$800. HVAC varies by unit.
  1. Listed by Stephen Deaton • Deaton Investment Real Estate
  2. Listed by Thomas L Furlow

Property Details for 508 Phelps Avenue

View
Yes
Zoning Description
R-10
LISTING CLOSED: 02/24/2012 12:00 AM

Property Details for 508 Phelps Avenue

StatusClosed
MLS #1814249
Pet Policy-
Taxes-
HOA Fees-
Condo/Co-op Fees-
Property Type Condo
MLS TypeResidential Income / Apartment
Year Built1949
CountyWake County

Location

Listing Courtesy of Deaton Investment Real Estate

Sold By Huntley Realty

Add your commute

Building Information for 508 Phelps Avenue

Building/Complex508 Phelps AveFloor-Stories-Residences6Pet Policy-Pet Policy Details-Year Built1949Building Size-

Payment Calculator

$2,472 per month

30 year fixed, 6.36% Interest

Principal and Interest

$2,472

Property Taxes

$0

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 508 Phelps Avenue

Summary
Location and General Information
  • Zoning: R-10
  • Directions: From Oberlin Road at Cameron Village, turn west onto Bedford Ave. Property is on the corner of Bedford Avenue and Phelps Avenue. 100 yards north of City Park and Rose Garden.
  • Latitude: 35.793537
  • Longitude: -78.668625
Taxes and HOA Information
  • City Limits Of: Raleigh
  • City Limits YN: Yes
  • FIPS Code: 37183
  • Lot Number: 7
  • Tax Rate: 0.93
Contract Information
  • Original Listing ID: 1814249
  • Original MLS: Triangle MLS Inc
School Information
  • Elementary School: Wake - Olds
  • Middle Or Junior School: Wake - Martin
  • High School: Wake - Broughton
Parking
  • Parking Features: Off Street
  • Carport: No
  • Attached Garage: No
  • Garage: No
Property
Lot Information
  • Building Area Total: 0.0
  • Total Other Area Sq Ft: 0
  • Sold PriceList Price: 0.92
Property and Assessments
  • New Construction: No
  • Photos Count: 7
  • Below Grade Finished Area Units: Square Feet
Utilities
  • Sewer: Public Sewer
  • Water Source: Public
  • Water_Sewer: Public, Public Sewer
Interior and Exterior Features
Exterior Features
  • Construction Materials: Brick
  • Pool Private: No
  • New Construction Type: Brick
Interior Features
  • Basement Description: Crawl Space
  • Flooring: Carpet, Tile, Vinyl, Wood
  • Cooling: Central Air, Window Unit(s)
  • Cooling?: Yes
  • Heating: Floor Furnace, Forced Air, Natural Gas
  • Heating?: Yes
  • Interior: Off Street, Brick
  • Equipment: Off Street
Multi Family
Unit Information
  • Total Units: 6
Agent
Sale and Listing
  • Property Class Name: CrossProperty
Units Information
Unit One
  • Unit One: Above Grade Finished Area: 820.0
  • Unit One: Baths Total: 1.0
  • Unit One: Beds Total: 2.0
  • Unit One: Below Grade Finished Area: 0.0
  • Unit One: Levels: One
  • Unit One: Living Area: 820.0
  • Unit One: Other Below Ground Area: 0.0
  • Unit One: Unit Type Total Rent: 559.0
Unit Two
  • Unit Two: Above Grade Finished Area: 810.0
  • Unit Two: Baths Total: 1.0
  • Unit Two: Beds Total: 2.0
  • Unit Two: Below Grade Finished Area: 0.0
  • Unit Two: Levels: One
  • Unit Two: Living Area: 810.0
  • Unit Two: Other Below Ground Area: 0.0
  • Unit Two: Unit Type Total Rent: 589.0
Unit Three
  • Unit Three: Above Grade Finished Area: 810.0
  • Unit Three: Baths Total: 1.0
  • Unit Three: Beds Total: 2.0
  • Unit Three: Below Grade Finished Area: 0.0
  • Unit Three: Levels: One
  • Unit Three: Living Area: 810.0
  • Unit Three: Other Below Ground Area: 0.0
  • Unit Three: Unit Type Total Rent: 559.0
Unit Four
  • Unit Four: Above Grade Finished Area: 820.0
  • Unit Four: Baths Total: 1.0
  • Unit Four: Beds Total: 2.0
  • Unit Four: Below Grade Finished Area: 0.0
  • Unit Four: Levels: One
  • Unit Four: Living Area: 820.0
  • Unit Four: Other Below Ground Area: 0.0
  • Unit Four: Unit Type Total Rent: 559.0

Property History for 508 Phelps Avenue

DateEvent & SourcePriceAppreciation
Feb 24, 2012

Sold (Public Record)

Public Record #328147202

$498,000

+3.3% / yr

Feb 24, 2012

Sold

TRIANGLEMLS #1814249

$496,000
Feb 24, 2012

Sold

AMLS #1814249

$496,000
DateEvent & SourcePrice
02/24/2012

Sold (Public Record)

Public Record #328147202

$498,000

+3.3% / yr

02/24/2012

Sold

TRIANGLEMLS #1814249

$496,000
02/24/2012

Sold

AMLS #1814249

$496,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 508 Phelps Avenue

Taxable ValueLand$600,000Additions$208,471Total$808,471
Home Facts
Baths3.5Total Finished SqFt4,801 SqFtAbove Grade Finished SqFt4,801 SqFtStories1Lot Size27,443 SqFtStyleMulti-Family Dwelling (2-4)Year Built1949Year Renovated1980ZoningR-10CountyWAKEAPN0794.16-83-2960-000

Schools near 508 Phelps Avenue

This home is within Wake County School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 6 to 13
Rating
School
Distance
Olds Elementary
PublicPK to 5

Martin Middle
Public6 to 8

Needham Broughton High
Public9 to 12

Wake Young Women's Leadership Academy
Public6 to 13

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Deaton Investment Real Estate

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