6329 New Market Way

Raleigh, NC 27615

$250,000
Last Sold Price
3
Beds
1,393 Sq. Ft.
$179 / Sq. Ft.
1,393
Sq. Ft.
$179
per Sq. Ft.
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Closed 8/2/24
Closed 8/2/24
IMG_7305
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Description

Tenant occupied & can only be shown saturdays at 4pm - incredible deal at only $250k! Calling all investors! Tremendous North Raleigh condo in popular Northridge Country Club location. The property is already leased for $1850 a month through May 31, 2025. This is a 7.4% annual return against the purchase price—tremendous margins! The current tenant is nearly moved out, and the newest tenant takes occupancy on June 1. The property can be shown up until that point. The home has been dramatically updated...Tenant occupied & can only be shown saturdays at 4pm - incredible deal at only $250k! Calling all investors! Tremendous North Raleigh condo in popular Northridge Country Club location. The property is already leased for $1850 a month through May 31, 2025. This is a 7.4% annual return against the purchase price—tremendous margins! The current tenant is nearly moved out, and the newest tenant takes occupancy on June 1. The property can be shown up until that point. The home has been dramatically updated and shows extremely well with updated kitchens, baths, flooring, fixtures—you name it! The property is currently investor-owned and was purchased sight unseen, exempt from disclosures. Buyers are advised to do their own diligence prior to presenting offers.
  1. Listed by Jordan Lee • Jordan Lee Real Estate

Property Details for 6329 New Market Way

View
Yes
Subdivision
North Ridge Condominiums
HOA Fees
$286.23
LISTING CLOSED: 08/02/2024 01:23 PM

Property Details for 6329 New Market Way

StatusClosed
MLS #10030718
Pet Policy-
Taxes$1,957 / year
HOA Fees$286 / month
Condo/Co-op Fees-
Property TypeCondo
MLS TypeResidential / Condominium
Year Built1969
CountyWake County
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Location

Listing Courtesy of Jordan Lee Real Estate

Sold By EXP Realty LLC

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Building Information for 6329 New Market Way

Building/Complex6329 New Market WayFloor-Stories2Residences-Pet Policy-Pet Policy Details-Year Built1969

Payment Calculator

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$1,695 per month

30 year fixed, 6.36% Interest

Principal and Interest

$1,246

Property Taxes

$163

HOA Dues

$286

The Payment Calculator is for illustrative purposes only.

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Property Information for 6329 New Market Way

Summary
Location and General Information
  • Directions: From 440: Go north on Falls of Neuse Rd. Right on Spring Forest Rd. Left on New Market Way. Left at the last cul-de-sac. From 540: Go south on Falls of Neuse Rd. Left on Spring Forest Rd. Left on New Market Way. Left at the last cul-de-sac.
  • Subdivision Name: North Ridge Condominiums
  • Latitude: 35.870768
  • Longitude: -78.619053
Taxes and HOA Information
  • Association Fee Includes: Maintenance Grounds, Road Maintenance
  • Association: Yes
  • Total HOA Dues: $254.00
  • HOA 1 Fees Required: Yes
  • Tax Annual Amount: $1,956.93
  • City Limits Of: Raleigh
  • City Limits YN: Yes
  • Lot Number: n/a
  • Restrictive Covenants YN: Yes
Contract Information
  • Lease Expiration Date: 2025-05-31
  • Original MLS: Triangle MLS Inc
  • Property Leased YN: Yes
  • Years Owned: 1 or More Year(s)
School Information
  • Elementary School: Wake - North Ridge
  • Middle Or Junior School: Wake - West Millbrook
  • High School: Wake - Millbrook
Parking
  • Open Parking: Yes
  • Parking Features: Open, Parking Lot
  • Attached Garage: No
  • Garage: No
Property
Lot Information
  • Building Area Total: 1393.0
  • Architectural Style: Traditional
  • Total Other Area Sq Ft: 0
  • Parcel Number: 1717.18228176.065
  • Enhanced Accessible: No
  • Primary Residence YN: No
  • Sold PriceList Price: 1
Property and Assessments
  • New Construction: No
  • Photos Count: 27
  • Property Attached: Yes
  • Below Grade Finished Area: 0.0
  • Below Grade Finished Area Units: Square Feet
  • Common Walls: 1 Common Wall, End Unit
  • Community Features: Pool
Utilities
  • Sewer: Public Sewer
  • Water Source: Public
  • Water_Sewer: Public, Public Sewer
Interior and Exterior Features
Exterior Features
  • Construction Materials: Brick, Vinyl Siding
  • Foundation Details: Slab
  • Pool Private: No
  • Roof: Shingle
  • New Construction Type: Brick, Vinyl Siding
Interior Features
  • Levels: Two
  • Stories: 2
  • Flooring: Laminate
  • Cooling: Ceiling Fan(s), Central Air
  • Cooling?: Yes
  • Heating: Fireplace(s), Heat Pump
  • Heating?: Yes
  • Appliances: Electric Cooktop, Microwave, Water Heater
  • Laundry Features: Upper Level
  • Interior Features: Bathtub/Shower Combination, Ceiling Fan(s), Double Vanity
  • Equipment Appliances: Electric Cooktop, Microwave, Water Heater
  • Interior: Open, Parking Lot, Brick, Vinyl Siding, Upper Level
  • Equipment: Electric Cooktop, Microwave, Water Heater, Upper Level, Open, Parking Lot
Room Information
Room Information
  • Rooms Total: 7.0
Room 1
  • Room Dimensions: 8.6 x 6
  • Room Width: 6.0
  • Room Length: 8.6
  • Room Level: Main
  • Room Type: Entrance Hall
Room 2
  • Room Dimensions: 10.8 x 10
  • Room Width: 10.0
  • Room Length: 10.8
  • Room Level: Main
  • Room Type: Kitchen
Room 3
  • Room Dimensions: 10.2 x 10.2
  • Room Width: 10.2
  • Room Length: 10.2
  • Room Level: Main
  • Room Type: Dining Room
Room 4
  • Room Dimensions: 19.4 x 14.4
  • Room Width: 14.4
  • Room Length: 19.4
  • Room Level: Main
  • Room Type: Family Room
Room 5
  • Room Dimensions: 16.3 x 11
  • Room Width: 11.0
  • Room Length: 16.3
  • Room Level: Second
  • Room Type: Primary Bedroom
Room 6
  • Room Dimensions: 11.7 x 10
  • Room Width: 10.0
  • Room Length: 11.7
  • Room Level: Second
  • Room Type: Bedroom 2
Room 7
  • Room Dimensions: 11.6 x 9
  • Room Width: 9.0
  • Room Length: 11.6
  • Room Level: Second
  • Room Type: Bedroom 3
Agent
Sale and Listing
  • Property Type: Residential
  • Property Class Name: CrossProperty
Rental
Rental Information
  • Lease Term: 12 Months

Property History for 6329 New Market Way

DateEvent & SourcePriceAppreciation
Aug 2, 2024

Sold

TRIANGLEMLS #10030718

—
Aug 2, 2024

Pending

TRIANGLEMLS #10030718

—
Aug 1, 2024

Sold

TRIANGLEMLS #10030718

$250,000—
DateEvent & SourcePrice
08/02/2024

Sold

TRIANGLEMLS #10030718

—
08/02/2024

Pending

TRIANGLEMLS #10030718

—
08/01/2024

Sold

TRIANGLEMLS #10030718

$250,000

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

Public Records for 6329 New Market Way

Taxable ValueLand-Additions$288,730Total-
Tax Record2025$2,538 ($212 / month)
Home Facts
Beds0Baths2.5Total Finished SqFt1,480 SqFtAbove Grade Finished SqFt1,480 SqFtStories2Lot Size436 SqFtStyleCondominiumYear Built1969Year Renovated2010ZoningR-10CountyWAKEAPN1717.18-22-8176 0123232

Schools near 6329 New Market Way

This home is within Wake County School District.
Rating
School
Type
Grades
Distance
North Ridge Elementary
Public - PK to 5
West Millbrook Middle
Public - 6 to 8
Millbrook High
Public - 9 to 12
Phillips High
Public - 9 to 12
Rating
School
Distance
North Ridge Elementary
PublicPK to 5

West Millbrook Middle
Public6 to 8

Millbrook High
Public9 to 12

Phillips 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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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 Jordan Lee Real Estate

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