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Sold for $525,000
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    • $525,000

    360 Wilmot Dr, Raleigh, NC 27606

    5beds
    2,016sqft
    Multi Family
    Built in 1956
    -- sqft lot
    $517,000 Zestimate®
    $260/sqft
    $1,771 Estimated rent

    Home value

    $517,000

    $486,000 - $548,000

    $1,771/mo

    Zestimate® history
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    What's special

    Finished daylight basementRefinished hardwood floorsNew drivewayWalk-in showerAnti-fog backlit mirrorsOpen floorplanGranite countertops
    Fantastic investment opportunity in highly sought after Fairview Acres in close proximity to NC State. Cash flowing, stabilized property with leases in place through 6/30/2026. Single lease in effect - Not individual. 7/1/24 - 6/30/25 Lease at $4,000/month. 7/1/25 - 6/30/26 Lease at $4,450/month. Gorgeous open floorplan with finishes that are rarely seen at this price point. Fully updated kitchen with Samsung appliances, new cabinets, granite countertops, eat-in kitchen bar with waterfall edge. New bathroom upgrades include double vanity cabinets, walk-in shower, tiled floor/shower, and anti-fog backlit mirrors. Additional improvements include New Roof, refinished hardwood floors, new driveway and privacy fencing. Finished daylight basement, with separate entrance from main house, offers additional flex space and laundry room. Property is located on a spacious 0.47 acre lot within the Raleigh Frequent Transit area. Please refer to City of Raleigh UDO for guidelines, but potential to increase revenue by adding ADUs. Covered carport with Storage. Detached shed on property offers additional storage, but is not in habitable condition. Appliances and Washer/Dryer convey. This investment property is As-Is and ready to go! Buyers & Buyers Agents, please reach out to Listing Agent for all property disclosures, financials, and full list of upgrades.

    Zillow last checked:

    Listing updated:

    Listed by:

    Ben Davis 919-356-6881,

    Davis Realty And Development C,

    Elizabeth Ann Jordan 919-308-2337,

    Davis Realty And Development C

    Bought with:

    Eric Alexander, 246536

    Choice Residential Real Estate

    Source: Doorify MLS,MLS#: 10068320MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    Heating
    • Forced Air
    Cooling
    • Central Air
    Appliances
    • Included: Dryer, Disposal, Dishwasher, Microwave, Oven, Range, Refrigerator, Washer
    • Laundry: In Basement, Laundry Room
    Features
    • Ceiling Fan(s), Double Vanity, Eat-in Kitchen, Open Floorplan, Primary Downstairs, Recessed Lighting, Smart Thermostat, Storage, Walk-In Closet(s), Kitchen/Dining Room Combination, Living/Dining Room Combination, Bathtub/Shower Combination, Walk-In Shower
    • Flooring: Hardwood, Tile, Wood
    • Windows: Screens, Wood Frames
    • Basement: Crawl Space,Daylight,Exterior Entry,Finished,Partial,Sump Pump,Walk-Out Access
    Interior area
    • Total structure area: 2,016
    • Total interior livable area: 2,016 sqft
    • Finished area above ground: 1,587
    • Finished area below ground: 429

    Property

    Parking
    • Total spaces: 3
    • Parking features: Attached, Carport, Driveway, Paved
    • Carport spaces: 1
    • Uncovered spaces: 2
    Features
    • Levels: One and One Half
    • Stories: 1
    • Patio & porch: Deck, Front Porch, Patio
    • Exterior features: Rain Gutters, Smart Lock(s), Storage
    • Fencing: Partial
    • Has view: Yes
    • View description: Neighborhood
    Lot
    • Size: 0.47 Acres
    Details
    • Additional structures: Outbuilding, Shed(s), Storage, Workshop
    • Parcel number: 0783075703
    • Zoning: R-4
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Brick, Frame, Fiber Cement
    • Foundation: Brick/Mortar
    • Roof: Shingle
    Condition
    • New construction: No
    • Year built: 1956

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

    Community & HOA

    Community
    • Subdivision: Fairview Acres
    HOA
    • Has HOA: No
    Location
    • Region: Raleigh

    Financial & listing details

    • Price per square foot: $260/sqft
    • Tax assessed value: $337,333
    • Annual tax amount: $2,949
    • Date on market: 12/26/2024
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional
    • Lease term: 12 Months
    • Tenant pays: Electricity, Gas, Pest Control, Sewer, Trash Collection, Water
    • Road surface type: Asphalt

    Price history

    DateEventPrice
    2/11/2025Sold$525,000-1.9%$260/sqft
    Source: Doorify MLS #10068320 Report a problem
    1/7/2025Pending sale$535,000$265/sqft
    Source: Doorify MLS #10068320 Report a problem
    12/26/2024Listed for sale$535,000+66.4%$265/sqft
    Source: Doorify MLS #10068320 Report a problem
    4/12/2024Listing removed--
    Source: Zillow Rentals Report a problem
    4/6/2024Listed for rent$2,500$1/sqft
    Source: Zillow Rentals Report a problem
    11/2/2023Sold$321,500+7.5%$159/sqft
    Source: Doorify MLS #2523776 Report a problem
    7/31/2023Contingent$299,000$148/sqft
    Source: Doorify MLS #2523776 Report a problem
    7/27/2023Listed for sale$299,000$148/sqft
    Source: Doorify MLS #2523776 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,962 +0.4%$442,509 +31.2%
    2024$2,950 +12.2%$337,333 +41%
    2023$2,628 +7.6%$239,270
    2022$2,443 +4%$239,270
    2021$2,348 +1.8%$239,270
    2020$2,306 +7.8%$239,270 +30.9%
    2019$2,138 $182,741
    2018$2,138 $182,741
    2017-- $182,741
    2016-- $182,741 +6.8%
    2015-- $171,097
    2014-- $171,097
    2013-- $171,097
    2012-- $171,097
    2011-- $171,097
    2010-- $171,097
    2009-- $171,097
    2008-- --
    2007-- --
    2006-- --
    2005-- --
    2004-- --
    2003-- --
    2002-- --
    2001-- --
    Find assessor info on the county website

    Neighborhood: West Raleigh

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Wake - Farmington Woods Elementary
    • Middle: Wake - Martin Middle
    • High: Wake - Athens Drive High

    Source: Doorify MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $517,000
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $517,000

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