This is a great rental property and has a great history for being rented over the last 20 years. The townhome is in good shape and has been well taken care of. Recently has had roof replaced. 24 hour notice is required. All units are rented until end of lease term which is 7/25/2024. Three of the units are paying $525/month and one is paying $549/month. The 4 new leases have been signed and start 8/14/2024 at $600/month and end 7/25/2025. Owner pays utilities except for internet.
Property Details
Property Features
Property Information:
Architectural Style: Transitional
Year Built: 2002
Living Area: 1,536 SqFt
Listing Office:
Office Name: TradeMark Residential
Office Phone: (919) 510-4010
Listing Agent: Bo B Winn
Interior Features
Interior Information:
Appliances: Dishwasher, Electric Oven, Electric Water Heater, Refrigerator
Athens Drive High School, Public District Grades 9-12
Wake Early College of Health and Science, Public District Grades 9-12
Martin Middle School, Public Magnet Grades 6-8
Farmington Woods Elementary School, Public Magnet Grades KG-5
Other
Directions Information:
Directions: Hillsborough Street towards Cary. Pass through the Hillsborough/Western intersection then cross over WEstern Blvd into Red Wolf Crossing. Take a right then take left onto Red Lane. Townhome is on the left.
Price Information
Listing Price Info
Price Summary:
List Price: Price Not Disclosed
Price Per SqFt: $202/SqFt
HOA Fees:
Amount: $150
Frequency: Monthly
Tax Information:
Annual Amount: $1,676
Tax Year: 2021
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Housing Market Comparison
See how this home compares to others in Raleigh, NC.
Listings marked with an icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database.
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Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. 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 comparative market analysis, or home valuation of any property. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 6/9/2024, 6:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$1,676
$170,216
2020
$1,645
$170,216
2019
$1,467
$132,448
2018
$1,398
$132,448
History based on county public records data.
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
8
/10
Farmington Woods Elementary School
1413 Hampton Valley Rd
Distance between this listing and this school3.36 miles
Public Magnet Grades KG-5
Middle School
4
/10
Martin Middle School
1701 Ridge Rd
Distance between this listing and this school2.90 miles
Public Magnet Grades 6-8
High School
7
/10
Athens Drive High School
1420 Athens Dr
Distance between this listing and this school1.38 miles
Public District Grades 9-12
10
/10
Wake Early College of Health and Science
2901 Holston Ln
Distance between this listing and this school7.86 miles
Public District Grades 9-12
Assigned Schools
8
/10
Farmington Woods Elementary School
1413 Hampton Valley Rd
Distance between this listing and this school3.36 miles
Public Magnet Grades KG-5
Nearby Schools
6
/10
Combs Elementary School
2001 Lorimer Rd
Distance between this listing and this school1.50 miles
Public Magnet Grades KG-5
6
/10
Adams Elementary School
805 Cary Towne Blvd
Distance between this listing and this school2.13 miles
Public District Grades PK-5
Assigned Schools
4
/10
Martin Middle School
1701 Ridge Rd
Distance between this listing and this school2.90 miles
Public Magnet Grades 6-8
Nearby Schools
5
/10
Mount Vernon
5418 Chapel Hill Rd
Distance between this listing and this school0.49 miles
Public District Grades KG-8
3
/10
Dillard Drive Middle School
5200 Dillard Dr
Distance between this listing and this school2.28 miles
Public District Grades 6-8
Assigned Schools
7
/10
Athens Drive High School
1420 Athens Dr
Distance between this listing and this school1.38 miles
Public District Grades 9-12
10
/10
Wake Early College of Health and Science
2901 Holston Ln
Distance between this listing and this school7.86 miles
Public District Grades 9-12
Nearby Schools
7
/10
Cary High School
638 Walnut St
Distance between this listing and this school2.49 miles
The neighbors living near this home have an average income of $36,593. Most Raleigh, NC residents have annual incomes between $35k-100k. Most families are single, no kids. Typical level of education for residents in this area is post secondary degree.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 16 Red Ln
What type of property is this?
The property 16 Red Ln is a townhouse located in Raleigh, North Carolina, 27606.
Is this property for sale now?
Sale Pending: 16 Red Ln is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.
What are the assigned schools for this property?
The assigned schools for 16 Red Ln are: Farmington Woods Elementary School: GreatSchools Rating 8/10Martin Middle School: GreatSchools Rating 4/10Athens Drive High School: GreatSchools Rating 7/10Wake Early College of Health and Science: GreatSchools Rating 10/10
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $1,676 (source: MLS/based on county public records data).
How many bedrooms and bathrooms does this property have?
The property at 16 Red Ln has 4 bedrooms and 4 full and 1 half bathrooms.
What is the square footage of this property?
The property 16 Red Ln is 1,536 SqFt (source: MLS/tax record).
This home is located at 16 Red Ln in Raleigh, NC and zip code 27606 in the West Raleigh neighborhood. This 1,536 square foot home, which was built in 2002, sits on a 0.02 acre lot. Features: 4 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since May 13, 2024.
While more than 175 listings in Raleigh, NC in May 2024 were sold above asking price, there were more than 159 listings sold at asking price, and more than 245 were sold below. The number of listings in Raleigh, NC increased by 3.3% between April 2024 and May 2024. In May 2024 median list price was $432,294 and the average listing age was 19 days.
From Rocket Homes Real Estate and based on county public records data.