111 Merwin Road

Raleigh, NC 27606

$350,000
Last Sold Price
4
Beds
2
Baths
1
1/2 Bath
2,908 Sq. Ft.
$120 / Sq. Ft.
2,908
Sq. Ft.
$120
per Sq. Ft.

Description

Back on the market at no fault of the sellers. Location, Location, Location! If you are looking for a great investment property, look no further. Huge opportunity to generate income. This home sits in the Kentwood neighborhood and offers over 2900sq ft, including a full walkout basement with NO HOA. It is a great way to earn even another income stream with its own access door to the outside and a designated kitchenette area with hookups. Did we mention the location? This property sits in the heart...Back on the market at no fault of the sellers. Location, Location, Location! If you are looking for a great investment property, look no further. Huge opportunity to generate income. This home sits in the Kentwood neighborhood and offers over 2900sq ft, including a full walkout basement with NO HOA. It is a great way to earn even another income stream with its own access door to the outside and a designated kitchenette area with hookups. Did we mention the location? This property sits in the heart of Raleigh and is inside the beltline. Minutes from NCSU, Blue Ridge Corridor Expansion, and easy access to major highways, RDU, and RTP. Excellent investment opportunity for a flip or DIY.
  1. Listed by Koren Bowman • Keller Williams Preferred Realty

Property Details for 111 Merwin Road

Subdivision
Kentwood
Association Fee2
$.00

Location

Listing Courtesy of Keller Williams Preferred Realty

Sold By Pointe Realty Group

Add your commute
LISTING UPDATED: 01/12/2023 01:31 PM

Property Details for 111 Merwin Road

StatusClosed
MLS #2468324
Days on Market83
Taxes$280,186 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Detached
Year Built1959
Lot Size0.49 AC / 21,344 SF
CountyWake County

Location

Listing Courtesy of Keller Williams Preferred Realty

Sold By Pointe Realty Group

Add your commute

Building Information for 111 Merwin Road

Stories1Year Built1959Building Size-Lot Size0.49 AC / 21,344 SF

Payment Calculator

$25,259 per month

30 year fixed, 7.25% Interest

Principal and Interest

$1,910

Property Taxes

$23,349

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 111 Merwin Road

Summary
Location and General Information
  • Zoning: R-4
  • Directions: From Raleigh City Cener, Follow E Edenton St & Hillsborough St to Ashe Ave, Turn Left on Ashe Ave, Turn right on Western Blvd, Take Garland Dr and Lorimer Rd to Merwin Rd
  • Cross Street: 14.4 x 26.4
  • Subdivision Name: Kentwood
  • Latitude: 35.77876
  • Longitude: -78.698609
Taxes and HOA Information
  • Association Fee Includes: None Known
  • Association: No
  • Tax Lot: 1
  • Tax Annual Amount: $280,186.00
Owner
  • Ownership Type: Other (SFH incl)
School Information
  • Elementary School: Wake - Combs
  • Middle Or Junior School: Wake - Centennial Campus
  • High School: Wake - Athens Dr
Parking
  • Parking Features: 1 Carport
  • Carport Spaces: 1.0
  • Carport: Yes
  • Attached Garage: No
  • Covered Spaces: 1.0
  • Garage Spaces: 0.0
  • Garage: No
Property
Lot Information
  • Lot Size Dimensions: 101 x 193 x 213 x 111
  • Architectural Style: Ranch
  • Other Structures: Shed(s)
  • Structure Type: House, Site Built
Property and Assessments
  • New Construction: No
  • Photos Count: 19
  • Below Grade Finished Area: 1290.0
  • Below Grade Finished Area Units: Square Feet
Utilities
  • Sewer: Septic Tank
  • Water Source: City Water
  • Gas: Natural Gas
  • Water_Sewer: City Water, Septic Tank
Interior and Exterior Features
Exterior Features
  • Construction Materials: Partial Brick, Wood Ext
  • Foundation Details: Basement
  • Roof: Shingle
  • New Construction Type: Partial Brick, Wood Ext, House, Site Built
Interior Features
  • Levels: One
  • Stories: 1
  • Fireplace Features: Gas
  • Fireplace Y N: Yes
  • Fireplaces Total: 1
  • Flooring: Carpet, Vinyl
  • Cooling: Central Air
  • Cooling?: Yes
  • Heating: Floor Furnace, Natural Gas
  • Heating?: Yes
  • Appliances: Water Htr Age 6+ Yrs
  • Laundry Features: In Basement
  • Equipment Appliances: Water Htr Age 6+ Yrs
  • Interior: 1 Carport, Partial Brick, Wood Ext, In Basement
  • Equipment: Water Htr Age 6+ Yrs, In Basement, 1 Carport
Room Information
Room Information
  • Rooms Total: 12.0
Agent
Sale and Listing
  • For Sale YN: No
  • Property Class Name: Residential

Property History for 111 Merwin Road

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 111 Merwin Road

Taxable ValueLand$120,000Additions$165,973Total$285,973
Tax Record2023$3,137 ($261 / month)
Home Facts
Beds0Baths2.5Total Finished SqFt3,248 SqFtAbove Grade Finished SqFt3,248 SqFtStories1Lot Size21,344 SqFtStyleSingle Family ResidenceYear Built1959ZoningR-4CountyWAKEAPN0783.08-98-4531 0039649Fireplace TypeHas Fireplace

Schools near 111 Merwin Road

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
Combs Elementary
PublicPK to 5

Centennial Campus 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.

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Preferred Realty

Listings marked with an icon are provided in part courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database. Listings are also provided in part by the IDX program of Longleaf Pine REALTORS and Alamance MLS. Copyright 2024 Triangle MLS, Inc. of North Carolina. Copyright 2024 Longleaf Pine REALTORS. Copyright 2024 Alamance MLS. All rights reserved. Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s). Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA competitive or home valuation of any property.