Sold
Last Sold Price
4 beds2,250 sqft
618 Brooks Ave, Raleigh, NC 27607
Single FamilyProperty Type
0.26 acresLot Size
1942Year Built
$333/sq ftPrice per sq ft
1 carParking Spaces

Description

Extremely lucrative investment! Stable tenants pay very high rental rate for this market. Leased through 2023. See agent notes for details. Flat .26 acre corner lot could allow an ADU for additional income. Alternatively, unlike a duplex, this home is single family so with a few updates this 1942 bungalow could be a showpiece single family home. Many options make this property unique. Walk to NCSU, Village district, Rose Garden, parksExtremely lucrative investment! Stable tenants pay very high rental rate for this market. Leased through 2023. See agent notes for details. Flat .26 acre corner lot could allow an ADU for additional income. Alternatively, unlike a duplex, this home is single family so with a few updates this 1942 bungalow could be a showpiece single family home. Many options make this property unique. Walk to NCSU, Village district, Rose Garden, parks
  • Listed by: Christine Lewis 919.443.3123 frank@drefirm.com Brokerage DRE #C17220 • Corcoran DeRonja Real Estate
Listing closed: 05/24/2022 12:00 AM • Source: Doorify MLS (fka Triangle MLS), MLS#: 2439887

Location

Listing Courtesy of Corcoran DeRonja Real Estate

Sold By Berkshire Hathaway HomeService

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Payment Calculator

$4,259 per month

30 year fixed, 6.71% Interest

Principal and Interest

$3,876

Property Taxes

$384

HOA Dues

$0

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Property Information for 618 Brooks Avenue

Property Details
  • Taxes: $4,606 / year
  • MLS Type: Residential / Single Family Residence
  • County: Wake County
  • Subdivision: Not in a Subdivision
Building Information
  • Year Built: 1942
  • Lot Size: 0.26 AC / 11,325 SF
Summary
Location and General Information
  • Directions: From 440 exit on Wade Ave toward downtown, Right on Brooks Ave. Home will be on your left.
  • Subdivision Name: Not in a Subdivision
  • Latitude: 35.796224
  • Longitude: -78.672379
Taxes and HOA Information
  • Association: No
  • Tax Annual Amount: $4,606.00
  • City Limits Of: Raleigh
  • Has City Limits: Yes
  • Lot Number: 1
  • Has Restrictive Covenants: No
Contract Information
  • Lease Expiration Date: 2023-05-13
  • Original Listing ID: 2439887
  • Original MLS: Triangle MLS Inc
  • Has Property Leased: Yes
Owner
  • Ownership Type: Other
School Information
  • Elementary School: Wake - Olds Elementary
  • Middle Or Junior School: Wake - Martin Middle
  • High School: Wake - Needham Broughton High
Parking
  • Parking Features: Concrete, Driveway, Garage, On Street
  • Carport: No
  • Garage Spaces: 1.0
  • Garage: Yes
Property
Lot Information
  • Building Area Total: 2250.0
  • Lot Features: Corner Lot
  • Lot Size Dimensions: tbd
  • Architectural Style: Bungalow
  • Total Other Area Sq Ft: 192.0
  • Structure Type: Site Built
  • Sold PriceList Price: 0.97
Property and Assessments
  • New Construction: No
Utilities
  • Sewer: Public Sewer
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Construction Materials: Brick
  • Patio And Porch Features: Deck, Porch
  • New Construction Type: Site Built, Brick
Interior Features
  • Levels: Two
  • Basement Description: Unfinished
  • Fireplace Features: Living Room
  • Has Fireplace: Yes
  • Fireplaces Total: 1
  • Flooring: Hardwood, Tile
  • Cooling: Central Air
  • Has Cooling: Yes
  • Heating: Forced Air, Natural Gas
  • Has Heating: Yes
  • Appliances: Dishwasher, Electric Range, Gas Water Heater
Room Information
Room Information
  • Rooms Total: 7.0
Room 1
  • Type: Living Room
  • Level: Main
Room 2
  • Type: Dining Room
  • Level: Main
Room 3
  • Type: Kitchen
  • Level: Main
Room 4
  • Type: Primary Bedroom
  • Level: Second
Room 5
  • Type: Bedroom 2
  • Level: Second
Room 6
  • Type: Bedroom 3
  • Level: Second
Room 7
  • Type: Bedroom 4
  • Level: Main

Property History for 618 Brooks Avenue

DateEvent & SourcePriceAppreciation
May 24, 2022

Sold

Doorify MLS (fka Triangle MLS) #2439887

$750,000
May 23, 2022

Sold (Public Record)

Public Record #1490603820

$750,000

+19.6% / yr

Apr 24, 2022

Pending

Doorify MLS (fka Triangle MLS) #2439887

DateEvent & SourcePrice
05/24/2022

Sold

Doorify MLS (fka Triangle MLS) #2439887

$750,000
05/23/2022

Sold (Public Record)

Public Record #1490603820

$750,000

+19.6% / yr

04/24/2022

Pending

Doorify MLS (fka Triangle MLS) #2439887

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

Public Records for 618 Brooks Avenue

Taxable ValueLand$475,000Additions$283,090Total$758,090
Tax Record2025$6,631 ($553 / month)
Home Facts
Beds0Baths2.5Total Finished SqFt2,175 SqFtAbove Grade Finished SqFt2,175 SqFtStories2Lot Size11,326 SqFtStyleSingle Family ResidenceYear Built1942Year Renovated1987ZoningR-6CountyWAKEAPN0794.15-74-1879 0191194Fireplace TypeHas Fireplace

Schools near 618 Brooks 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 - 9 to 12
Rating
School
Distance
Olds Elementary
PublicPK to 5

Martin Middle
Public6 to 8

Needham Broughton High
Public9 to 12

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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Listing Courtesy of Corcoran DeRonja Real Estate

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