Sold
Last Sold Price
2,210 sqft

5116 Vann St, Unit A, Raleigh, NC 27606

0.35 acresLot Size
1982Year Built
$124/sq ftPrice per sq ft

Description

Investor alert! This duplex is a fantastic opportunity to own a fully leased property on cul-de-sac close to NCSU, Fairgrounds, Cary shopping and 440 and 40! Each unit has two bedrooms and two bathrooms. Plenty of parking available in front of units and on street. Tenants have lived in units long term and prefer not to move even if current market indicates rental increase.Investor alert! This duplex is a fantastic opportunity to own a fully leased property on cul-de-sac close to NCSU, Fairgrounds, Cary shopping and 440 and 40! Each unit has two bedrooms and two bathrooms. Plenty of parking available in front of units and on street. Tenants have lived in units long term and prefer not to move even if current market indicates rental increase.
  • Listed by: Molly M Simpson • Better Homes & Gardens Real Estate Paracle
Listing closed: 11/30/2020 12:00 AM • Source: TRIANGLEMLS, MLS#: 2351950
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Recent comparable sales

Median sold price

$950,000

Avg days on market

61

Sale-to-list ratio

73.8%

Raleigh, NC

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Location

Listing Courtesy of Better Homes & Gardens Real Estate Paracle

Sold By Better Homes & Gardens Real Estate Paracle

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$1,670 per month

30 year fixed, 7.03% Interest

Principal and Interest

$1,463

Property Taxes

$207

HOA Dues

$0

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Property Information for 5116 Vann Street, Unit A

Property Details

  • Taxes: $2,488 / year
  • County: Wake County
  • Subdivision: West Side

Building Information

  • Residences: 2
  • Year Built: 1982
  • Lot Size: 0.35 AC / 15,246 SF

Summary

Location and General Information
  • Directions: From US 1 exit onto Jones Franklin Road exit. Make a right onto Vann Street.
  • Subdivision Name: West Side
  • Latitude: 35.78098
  • Longitude: -78.719006
Taxes and HOA Information
  • Tax Lot: 5
  • Tax Annual Amount: $2,488.00
School Information
  • Elementary School: Wake - Farmington Woods
  • Middle Or Junior School: Wake - Martin
  • High School: Wake - Athens Dr
Parking
  • Parking Features: 3 space+/Unit
  • Carport: No
  • Garage: No

Property

Lot Information
  • Farm Land Area Units: Square Feet
  • Parcel Number: 0783393249
Property and Assessments
  • New Construction: No
  • Photos Count: 22
  • Property Attached: Yes
  • Below Grade Finished Area Units: Square Feet
Utilities
  • Sewer: City Sewer
  • Water Source: City Water
  • Water_Sewer: City Water, City Sewer

Interior and Exterior Features

Exterior Features
  • Construction Materials: Cedar
  • New Construction Type: Cedar
Interior Features
  • Levels: Unit 1/1 Sty, Unit 2/1Sty
  • Basement Description: Crawl Space
  • Fireplace Y N: No
  • Flooring: Carpet, Vinyl
  • Cooling: Central Air
  • Cooling?: Yes
  • Heating: Electric
  • Interior Features: 2 Baths, 2 Bedroom
  • Interior: 3 space+/Unit, Cedar
  • Equipment: 3 space+/Unit

Multi Family

Unit Information
  • Total Units: 2

Agent

Sale and Listing
  • Property Class Name: MultiFamily

Rental

Rental Information
  • Lease Term: Month To Month

Property History for 5116 Vann Street, Unit A

DateEvent & SourcePriceAppreciation
Nov 30, 2020

Sold

TRIANGLEMLS #2351950

$274,000—
Nov 30, 2020

Pending

TRIANGLEMLS #2351950

—
Nov 29, 2020

Sold

TRIANGLEMLS #2351950

$274,000—
DateEvent & SourcePrice
11/30/2020

Sold

TRIANGLEMLS #2351950

$274,000
11/30/2020

Pending

TRIANGLEMLS #2351950

—
11/29/2020

Sold

TRIANGLEMLS #2351950

$274,000

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

Schools near 5116 Vann Street, Unit A

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 - K to 8
Rating
School
Distance
Farmington Woods Elementary
PublicPK to 5

Martin Middle
Public6 to 8

Athens Drive High
Public9 to 12

Mount Vernon
PublicK to 8

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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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 5116 Vann Street, Unit A, Raleigh, NC 27606
$274,000
–
–
2,210
15,246
$269,000
–
4
2,254
15,246
–
–
3
3,341
14,810
$185,000
2
952
–
$200,000
2
1,004
–
$161,000
2
947
–

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 Better Homes & Gardens Real Estate Paracle

Listings marked with a Doorify MLS icon are provided courtesy of the Doorify MLS, of North Carolina, Internet Data Exchange Database. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers' personal, non-commercial use. Copyright 2024 Doorify MLS of North Carolina. All rights reserved.