This three bedroom, two bath fixer-upper in Raleigh, North Carolina presents an exciting opportunity for potential buyers. With a little bit of work and TLC, this property has the potential to become a stunning home in a desirable location. The spacious 1.18 acre lot offers the possibility of subdividing, providing even more options for the future. Located in the vibrant city of Raleigh, residents will have access to a variety of amenities, including local schools, restaurants, and entertainment options. Whether you choose to renovate the existing structure or tear it down and start fresh, this property has endless potential for creating a dream home in a sought-after area.
Sold for $695,000
$695,000
4218 Arbutus Dr, Raleigh, NC 27612
3beds
2,273sqft
Single Family Residence, Residential
Built in 1962
1.18 Acres Lot
$753,700 Zestimate®
$306/sqft
$3,275 Estimated rent
Home value
$753,700
$701,000 - $814,000
$3,275/mo
Zestimate® history
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$4,114/mo
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Local schools
Zillow last checked:
Listing updated:
Listed by:
Paul Haynes 919-749-1208,
Haynes Properties
Bought with:
Hilary Reaves, 244253
Metro Digs, Inc
Source: Doorify MLS,MLS#: 10004613
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Has Heating (Unspecified Type)
Cooling
- Has cooling: Yes
Interior area
- Total structure area: 2,273
- Total interior livable area: 2,273 sqft
- Finished area above ground: 2,273
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Carport
- Carport spaces: 2
Features
- Stories: 1
- Has view: Yes
Lot
- Size: 1.18 Acres
Details
- Parcel number: 0786902843
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence, Residential
Condition
- New construction: No
- Year built: 1962
Community & HOA
Community
- Subdivision: Laurel Hills
Location
- Region: Raleigh
Financial & listing details
- Price per square foot: $306/sqft
- Tax assessed value: $627,023
- Annual tax amount: $3,631
- Date on market: 1/5/2024
Price history
| Date | Event | Price |
|---|---|---|
| 2/8/2024 | Sold | $695,000+6.9%$306/sqft |
Source:  Doorify MLS #10004613 Report a problem | ||
| 1/8/2024 | Pending sale | $650,000$286/sqft |
Source: Doorify MLS #10004613 Report a problem | ||
| 1/5/2024 | Listed for sale | $650,000$286/sqft |
Source: Doorify MLS #10004613 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,488 +0.4% | $627,023 |
| 2024 | $5,466 +50.5% | $627,023 +89.3% |
| 2023 | $3,631 +7.6% | $331,298 |
| 2022 | $3,374 +4% | $331,298 |
| 2021 | $3,244 +1.9% | $331,298 |
| 2020 | $3,185 -14.1% | $331,298 +4.2% |
| 2019 | $3,706 | $318,033 |
| 2018 | $3,706 +11.3% | $318,033 |
| 2017 | $3,328 +2.1% | $318,033 |
| 2016 | $3,260 +14.3% | $318,033 +16.2% |
| 2015 | $2,853 +5.4% | $273,598 |
| 2014 | $2,706 | $273,598 |
| 2013 | -- | $273,598 |
| 2012 | -- | $273,598 |
| 2011 | -- | $273,598 |
| 2010 | -- | $273,598 |
| 2009 | -- | $273,598 |
| 2008 | -- | -- |
| 2007 | -- | -- |
| 2006 | -- | -- |
| 2005 | -- | -- |
| 2004 | -- | -- |
| 2003 | -- | -- |
| 2002 | -- | -- |
| 2001 | -- | -- |
Find assessor info on the county website
Neighborhood: Northwest Raleigh
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Nearby schools
GreatSchools rating
- 6/10Stough ElementaryGrades: PK-5Distance: 0.5 mi
- 7/10Oberlin Middle SchoolGrades: 6-8Distance: 2.9 mi
- 7/10Needham Broughton HighGrades: 9-12Distance: 4.3 mi
Schools provided by the listing agent
- Elementary: Wake - Stough
- Middle: Wake - Oberlin
- High: Wake - Broughton
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
$753,700
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
$753,700
- North Carolina
- Wake County
- Raleigh
- 27612
- Northwest Raleigh
- 4218 Arbutus Dr
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