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Off market
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  • $579,600

    5628 Thea Ln, Raleigh, NC 27606

    6beds
    2,715sqft
    MultiFamily
    Built in 1984
    -- sqft lot
    $579,600 Zestimate®
    $213/sqft
    $1,340 Estimated rent

    Home value

    $579,600

    $545,000 - $614,000

    $1,340/mo

    Zestimate® history
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    Owner options

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    $1,340/mo

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    $1,340/mo

    Rent Zestimate®

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    $3,405/mo

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    $3,405/mo

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    What's special

    RARE investment opportunity with excellent cash flow! Duplex tenant occupied on one side with no vacancies for 5 + years! Rented at $1300/mo with increase potential. Great location! Convenient to Cary Crossroads, NC State University, and Cameron Village! Raleigh/Cary duplex off I440/Beltline. New HVACs & water heaters in BOTH units installed within the last 4 years. Each unit is 2 stories, 3 bdrm, 2.5 bath, fireplace, deck & attached storage. New flooring in Unit B in 2019. $5000 credit for improvements.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 4
    • Full bathrooms: 4
    • 1/2 bathrooms: 2
    Heating
    • Forced air, Electric
    Cooling
    • Central
    Appliances
    • Included: Dishwasher, Dryer, Garbage disposal, Range / Oven, Refrigerator, Washer
    Features
    • Flooring: Carpet, Laminate, Linoleum / Vinyl
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 2,715 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Off-street
    Features
    • Exterior features: Other, Wood
    Lot
    • Size: 0.33 Acres
    Details
    • Parcel number: 0783350669

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Frame
    • Roof: Shake / Shingle
    Condition
    • Year built: 1984

    Community & neighborhood

    Location
    • Region: Raleigh

    Price history

    DateEventPrice
    6/25/2021Sold$427,000-2.7%$157/sqft
    Source: Doorify MLS #2361547 Report a problem
    4/23/2021Pending sale$439,000$162/sqft
    Source: Doorify MLS #2361547 Report a problem
    4/2/2021Listed for sale$439,000+5.8%$162/sqft
    Source: Doorify MLS #2361547 Report a problem
    2/12/2021Listing removed--
    Source: Doorify MLS #2361547 Report a problem
    2/12/2021Price change$415,000+1.2%$153/sqft
    Source: Doorify MLS #2361547 Report a problem
    1/21/2021Pending sale$409,900$151/sqft
    Source: Doorify MLS #2361547 Report a problem
    1/14/2021Listed for sale$409,900$151/sqft
    Source: Doorify MLS #2361547 Report a problem
    9/11/2020Listing removed$409,900$151/sqft
    Source: Select Premium Properties, Inc #2336043 Report a problem
    8/9/2020Listed for sale$409,900+230.6%$151/sqft
    Source: Select Premium Properties, Inc #2336043 Report a problem
    12/7/2019Listing removed$1,300
    Source: Owner Report a problem
    12/5/2019Price change$1,300-3.7%
    Source: Owner Report a problem
    12/1/2019Listed for rent$1,350+68.8%
    Source: Owner Report a problem
    10/31/2014Sold$124,000+5.5%$46/sqft
    Source: Agent Provided Report a problem
    10/4/2014Listed for sale$117,500-27.1%$43/sqft
    Source: L and F/Fonville Morisey Realty #1973027 Report a problem
    6/12/2013Sold$161,106+11.1%$59/sqft
    Source: Public Record Report a problem
    9/14/2012Listing removed$145,000$53/sqft
    Source: Linda Craft & Team, LLC #1814520 Report a problem
    7/10/2012Price change$145,000+7.4%$53/sqft
    Source: Linda Craft & Team, LLC #1814520 Report a problem
    7/4/2012Listed for sale$135,000-10%$50/sqft
    Source: Linda Craft & Team, LLC #1814520 Report a problem
    5/9/2012Listing removed$150,000$55/sqft
    Source: Linda Craft and Team, Realtors Report a problem
    3/6/2012Price change$150,000+11.1%$55/sqft
    Source: Linda Craft and Team, Realtors Report a problem
    2/7/2012Price change$135,000-10%$50/sqft
    Source: Linda Craft & Team, LLC #1814520 Report a problem
    12/31/2011Listed for sale$150,000-22.1%$55/sqft
    Source: Linda Craft & Team, LLC #1814520 Report a problem
    7/10/2011Listing removed$800
    Source: RealRentals.com Report a problem
    6/28/2011Listed for rent$800
    Source: RealRentals.com Report a problem
    4/11/2003Sold$192,500+10.6%$71/sqft
    Source: Public Record Report a problem
    12/28/2001Sold$174,000$64/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,395 +0.4%$499,400
    2024$4,377 +47.3%$499,400 +85.7%
    2023$2,972 +7.5%$268,983
    2022$2,763 +4%$268,983
    2021$2,657 +1.8%$268,983
    2020$2,609 +26.8%$268,983 +54.5%
    2019$2,058 $174,099
    2018$2,058 +11.2%$174,099
    2017$1,851 +2.1%$174,099
    2016$1,814 -10.2%$174,099 -8.9%
    2015$2,020 +5.4%$191,183
    2014$1,917 $191,183
    2013-- $191,183
    2012-- $191,183
    2011-- $191,183
    2010-- $191,183
    2009-- $191,183
    2008-- --
    2007-- --
    2006-- --
    2005-- --
    2004-- --
    2003-- --
    2002-- --
    2001-- --

    Find assessor info on the county website

    Neighborhood: West Raleigh

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $579,600
    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
    $579,600