Sold
Last Sold Price
2,715 sqft$157/sqft
5628 Thea Ln, Raleigh, NC 27606
Multi FamilyProperty Type
0.33 acresLot Size
1984Year Built
$157/sq ftPrice per sq ft

Description

Investor alert! Duplex close to NC state & Cary. Excellent Cash Flow. Had no vacancy for 6 years @ $1300 month per unit. Currently vacant due to sale. Both units: 3br, 2.5 bath, walk-in closet, fireplace, deck, & storage. Updated HVACs & water heaters. Newly painted exterior & interior. New flooring Unit A. Unit B flooring installed 2019. Equipped with all major appliances incl. washer/dryer. Unit A features a newly remodeled kitchen w/all new cabinets & granite countertops, ss appliances + updated...Investor alert! Duplex close to NC state & Cary. Excellent Cash Flow. Had no vacancy for 6 years @ $1300 month per unit. Currently vacant due to sale. Both units: 3br, 2.5 bath, walk-in closet, fireplace, deck, & storage. Updated HVACs & water heaters. Newly painted exterior & interior. New flooring Unit A. Unit B flooring installed 2019. Equipped with all major appliances incl. washer/dryer. Unit A features a newly remodeled kitchen w/all new cabinets & granite countertops, ss appliances + updated ba's.
  • Listed by: Stephanie J Smith • Select Premium Properties, Inc
Listing closed: 06/25/2021 12:00 AM • Source: TRIANGLEMLS, MLS#: 2361547

Recent comparable sales

Median sold price

$400,000

Avg days on market

67

Sale-to-list ratio

79.5%

Raleigh, NC

9 comparable properties found

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Location

Listing Courtesy of Select Premium Properties, Inc

Sold By Fonville Morisey/Stonehenge Sales Office

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Payment Calculator

$2,388 per month

30 year fixed, 6.55% Interest

Principal and Interest

$2,170

Property Taxes

$217

HOA Dues

$0

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Property Information for 5628 Thea Lane

Property Details
  • Taxes: $2,608 / year
  • MLS Type: Residential Income / Duplex
  • County: Wake County
  • View: No
  • Subdivision: Not in a Subdivision
Building Information
  • Residences: 2
  • Year Built: 1984
  • Lot Size: 0.33 AC / 14,374 SF
Summary
Location and General Information
  • Directions: Take gorman st exit from I 40. Left onto Avent ferry Rd. Right onto Athens drive. Left onto Kaplan Dr. Right onto Thea Lane. Or Take I440 beltine to melbourne exit. Left onto melbourne. Right onto kaplan. Right onto Thea lane.
  • Subdivision Name: Not in a Subdivision
  • Latitude: 35.771152
  • Longitude: -78.720002
  • Road Frontage Type: Other
Taxes and HOA Information
  • Tax Lot: 26
  • Tax Annual Amount: $2,608.00
School Information
  • Elementary School: Wake County Schools
  • Middle Or Junior School: Wake County Schools
  • High School: Wake County Schools
Parking
  • Parking Features: 3 space+/Unit
  • Carport: No
  • Garage: No
Property
Lot Information
  • Farm Land Area Units: Square Feet
Property and Assessments
  • New Construction: No
  • Photos Count: 18
  • 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
  • Accessibility Features: Main Floor Laundry
  • Construction Materials: Masonite
  • Patio And Porch Features: Deck, Porch
  • New Construction Type: Masonite
Interior Features
  • Levels: Unit 1/2 Sty, Unit 2/2 Sty
  • Basement Description: Crawl Space
  • Fireplace Y N: Yes
  • Fireplaces Total: 2
  • Flooring: Carpet, Laminate, Vinyl
  • Cooling: A/C Age 3 Years, Central Air
  • Cooling?: Yes
  • Heating: Age 0-3 Yrs, Heat Pump, Electric, Fireplace(s), Fireplace
  • Heating?: Yes
  • Appliances: Dishwasher, Disposal, Range/Oven, Refrigerator
  • Laundry Features: Individual Laundry, W/D Connection
  • Interior Features: 2.5 Baths, 3 Bedroom, Extra Storage, Kitchen, Living Room, Dining Room, Utility Room
  • Equipment Appliances: Dishwasher, Disposal, Range/Oven, Refrigerator
  • Interior: 3 space+/Unit, Masonite, Individual Laundry, W/D Connection
  • Equipment: Dishwasher, Disposal, Range/Oven, Refrigerator, Individual Laundry, W/D Connection, 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 5628 Thea Lane

DateEvent & SourcePriceAppreciation
Jun 25, 2021

Sold

TRIANGLEMLS #2361547

$427,000
Jun 25, 2021

Sold

TRIANGLEMLS #2361547

$427,000
Jun 25, 2021

Pending

TRIANGLEMLS #2361547

DateEvent & SourcePrice
06/25/2021

Sold

TRIANGLEMLS #2361547

$427,000
06/25/2021

Sold

TRIANGLEMLS #2361547

$427,000
06/25/2021

Pending

TRIANGLEMLS #2361547

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

Public Records for 5628 Thea Lane

Taxable ValueLand$128,000Additions$371,400Total$499,400
Tax Record2025$4,395 ($366 / month)
Home Facts
Total Finished SqFt2,715 SqFtAbove Grade Finished SqFt2,715 SqFtStories2Lot Size14,375 SqFtStyleDuplexYear Built1984Year Renovated2009ZoningR-6CountyWAKEAPN0783.10-35-0669 0120051Fireplace TypeHas Fireplace

Schools near 5628 Thea Lane

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 8
Rating
School
Distance
Dillard Drive Elementary
PublicPK to 5

Dillard Drive Middle
Public6 to 8

Athens Drive High
Public9 to 12

Connections Academy
Public6 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: 5628 Thea Lane, Raleigh, NC 27606
$427,000
2,715
14,374
$475,000
$475,000
3
2,546
14,810
$202,000
3
1,150
13,939
4
2,546
14,375
$235,000
4
2,145
14,375

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 Select Premium Properties, Inc

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.