2 months on rocket

618 W Lane St, Raleigh, NC, 27603

$966,000

Home List Price

$10,000*

Closing Credit

5 Bedrooms
3 Full Baths
2,061 SqFt
$469/SqFt
Multi
Schools Nearby

Location

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618 W Lane St, Raleigh$966,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeTriplex
ParkingConcrete, Gravel, Off Street, On Street
Year Built1939
HeatingOther
CoolingCentral Air
BasementYes
FireplaceLiving Room
MLS #10010930
Lot Size0.13 Acres
StatusActive

About 618 W Lane St

EXCEPTIONAL INVESTMENT GEM! Embrace the allure of urban living with this captivating triplex nestled in the vibrant pulse of Downtown Raleigh! Boasting two distinct 2-bedroom/1-bath sanctuaries on the main floor and an enchanting 1-bedroom/1-bath hideaway in the basement, this property beckons with promise. Immerse yourself in the dynamic energy of Glenwood South, where a plethora of culinary delights, retail treasures, and entertainment extravaganzas await just steps from your doorstep! Unveil the boundless possibilities of this property and seize the opportunity of a lifetime today!

Property Details

Property Features

Property Information:

  • Architectural Style: A-Frame
  • Year Built: 1939
  • Living Area: 2,061 SqFt

Listing Office:

  • Office Name: Real Broker, LLC
  • Office Phone: (919) 348-2585
  • Listing Agent: Matt Bergevin

Interior Features

Interior Information:

  • Basement: Yes
  • Flooring Type: Hardwood, Vinyl
  • Fireplace: Living Room

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Exterior: Deck

Parking Information:

  • Attached Garage: No
  • Parking: Concrete, Gravel, Off Street, On Street

Lot Features

Lot Information:

  • Lot Size: 0.13 Acres

Utilities

Utilities Information:

  • Heating: Other
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Needham Broughton High School, Public Magnet Grades 9-12
  • Wake Early College of Health and Science, Public District Grades 9-12
  • Daniels Middle School, Public District Grades 6-8
  • Wiley Elementary School, Public Magnet Grades KG-5

Other

Directions Information:

  • Directions: From RDU, take I-40E towards Raleigh. Take Exit 289 for Wade Ave. Continue onto Wade Ave. Turn right onto St Mary St. Turn left onto W Lane St. Property will be on the left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $966,000
  • Price Per SqFt: $469/SqFt

Tax Information:

  • Annual Amount: $4,714
  • Tax Year: 2021
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Housing Market Comparison

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

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Raleigh, NC

City

Med. Sold Price

$425K

Med. Price/SqFt

$229

Avg. Days On Market

78

# of Sold Homes

507

618 W Lane St vs Raleigh

79 DAYS ON ROCKET

+1 Day

$966,000

+$540.9K More

$469/SqFt

+$240 More

KEY TAKEAWAY

This property is $540.9K more than the Median Sold Price and $240/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: #10010930

Listing Office:

  • Office Name: Real Broker, LLC
  • Office Phone: (919) 348-2585
  • Listing Agent: Matt Bergevin

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: 4/28/2024, 6:20:22 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jun 21, 2005Home Sold
$330,000

Tax History

YEARPROP. TAXASSESSMENT
2021$4,714$482,455
2020$4,628$482,455
2019$4,442$404,768
2018$4,231$404,768

History based on county public records data.

Payment Calculator

$4,889

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,963

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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-2492339
6
/10

  • Wiley Elementary School

  • 301 Saint Marys St

  • 0.18 miles

  • Public Magnet Grades KG-5

Middle School

school-card-donut-2492340
6
/10

  • Daniels Middle School

  • 2816 Oberlin Rd

  • 2.03 miles

  • Public District Grades 6-8

High School

school-card-donut-2492341
6
/10

  • Needham Broughton High School

  • 723 Saint Marys St

  • 0.37 miles

  • Public Magnet Grades 9-12

school-card-donut-2492342
10
/10

  • Wake Early College of Health and Science

  • 2901 Holston Ln

  • 3.58 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $20,034. The most common annual income of people living in Raleigh, NC is less than $35k. The most common type of family is single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›North Carolina›Wake County›Raleigh›27603›618 W Lane St

This home is located at 618 W Lane St in Raleigh, NC and zip code 27603 in the Inside the Beltline neighborhood. This 2,061 square foot home, which was built in 1939, sits on a 0.13 acre lot. Features: 5 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since February 09, 2024 and is currently priced at $966,000.

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. Between February 2024 and March 2024, Raleigh, NC real estate market has seen increase in the number of listings by 4.6%. In March 2024 median list price was $425,075 and the average listing age was 78 days.

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

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