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7612 Fayetteville Rd, Raleigh, NC, 27603

$5,170,000

3 Bedrooms
2 Full Baths
1,248 SqFt
$4,143/SqFt
House
Schools Nearby

Location

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Property Highlights

Home TypeSingle Family Residence
Year Built1989
MLS #10017444
Lot Size9.40 Acres
StatusActive

About 7612 Fayetteville Rd

9.4 +- Acres total, Prime land located along Fayetteville rd. in the Opportunity Zone business corridor. Currently zoned R-40 adjacent to new Costco shopping center, retail buildings and high density apartments. High traffic area ready for redevelopment. Property being sold in conjunction with 7.37 acres vacant land PIN#0689988964.

Property Details

Property Features

Property Information:

  • Year Built: 1989
  • Living Area: 1,248 SqFt

Listing Office:

  • Office Name: Keller Williams Legacy
  • Office Phone: (919) 439-2105
  • Listing Agent: Ben Parker

Interior Features

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Lot Features

Lot Information:

  • Lot Size: 9.40 Acres

School Info

Assigned Schools Information:

  • Middle Creek High School, Public District Grades 9-12
  • Wake Early College of Health and Science, Public District Grades 9-12
  • Dillard Drive Middle School, Public District Grades 6-8
  • Yates Mill Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: From Ten-Ten Rd, turn to Fayetteville Road. Go past Walgreens and Costco Gasoline make U-turn and the property will be on your right. It is currently called Ironhead Towing in GPS

Price Information

Listing Price Info

Price Summary:

  • List Price: $5,170,000
  • Price Per SqFt: $4,143/SqFt

Tax Information:

  • Annual Amount: $847
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Raleigh, NC.

Med. Sold Price

$425K

Med. Price/SqFt

$229

Avg. Days On Market

78

# of Sold Homes

507

7612 Fayetteville Rd vs Raleigh

46 DAYS ON ROCKET

-32 Days

$5,170,000

+$4.7M More

$4,143/SqFt

+$3.9K More

KEY TAKEAWAY

This property is $4.7M more than the Median Sold Price and $3.9K/SqFt more than other homes in Raleigh, NC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Triangle MLS
  • MLS Number: #10017444

Listing Office:

  • Office Name: Keller Williams Legacy
  • Office Phone: (919) 439-2105
  • Listing Agent: Ben Parker

IDX Copyright © 2024 Triangle MLS, Inc. of North Carolina. All rights reserved.

Listings marked with an icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database.

The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental.

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: 5/1/2024, 12:50:22 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$847$117,743
2020$833$117,743
2019$1,268$166,368
2018$1,203$166,368

History based on county public records data.

Payment Calculator

$25.8K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$15.5K

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NMLS#3030

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

school-card-donut-4003139
4
/10
  • Yates Mill Elementary School

  • 5993 Yates Mill Pond Rd

  • 5.05 miles

  • Public District Grades KG-5

Middle School

school-card-donut-4003140
2
/10
  • Dillard Drive Middle School

  • 5200 Dillard Dr

  • 5.91 miles

  • Public District Grades 6-8

High School

school-card-donut-4003141
7
/10
  • Middle Creek High School

  • 123 Middle Creek Park Ave

  • 3.69 miles

  • Public District Grades 9-12

school-card-donut-4003142
10
/10
  • Wake Early College of Health and Science

  • 2901 Holston Ln

  • 10.05 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $30,917. The most common annual income of people living in Raleigh, NC is less than $35k. The majority of families are single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 7612 Fayetteville Rd

What is the listing price of this property?

The listing price of 7612 Fayetteville Rd property is $5,170,000.

What type of property is this?

The property 7612 Fayetteville Rd is a house located in Raleigh, North Carolina, 27603.

Is this property for sale now?

Active Listing: 7612 Fayetteville Rd is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 7612 Fayetteville Rd are:
Yates Mill Elementary School: GreatSchools Rating 4/10
Dillard Drive Middle School: GreatSchools Rating 2/10
Middle Creek High School: GreatSchools Rating 7/10
Wake 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 $847 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 7612 Fayetteville Rd has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 7612 Fayetteville Rd is 1,248 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 7612 Fayetteville Rd is 1989.
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Rocket HomesNorth CarolinaWake CountyRaleigh276037612 Fayetteville Rd

This home is located at 7612 Fayetteville Rd in Raleigh, NC and zip code 27603. This 1,248 square foot home, which was built in 1989, sits on a 9.40 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since March 15, 2024 and is currently priced at $5,170,000.

In March 2024 more than 149 listings in Raleigh, NC were sold above the asking price. During the same period more than 130 listings were sold at asking price, while more than 228 were sold below. The number of listings in Raleigh, NC increased by 4.6% between February 2024 and March 2024. While the average time on the market in March 2024 was 78 days, the median list price was $425,075.

From Rocket Homes Real Estate and based on county public records data.

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