Sold for $300,000

$300,000

8952 Old Cascade Dr, Garner, NC 27529

2beds

1,009sqft

Single Family Residence, Residential

Built in 1986

1 Acres Lot

$291,500 Zestimate^®

$297/sqft

$1,482 Estimated rent

Home value

$291,500

$277,000 - $306,000

$1,482/mo

Zestimate^® history

Owner options

List your home for rent

$1,482/mo

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$1,482/mo

Rent Zestimate^®

Refinance and save

$1,781/mo

Est. payment

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$1,781/mo

Est. payment

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What's special

Introducing a remarkable investment opportunity! This property encompasses four lots totaling 1 acre, hosting a 2-bedroom, 2-bathroom house. Positioned for maximum potential, it offers lucrative income prospects for investors. A true diamond in the rough, this properties prime location presents unparalleled opportunities. With convenient access to I-40 and easy access to Raleigh, its appeal for tenants or future development is undeniable. Don't let this rare chance slip away - seize the opportunity to secure a lucrative investment in this prime location and turn your aspirations into reality!

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 2
Full bathrooms: 2

Heating

Forced Air, Heat Pump

Cooling

Central Air, Heat Pump

Features

Granite Counters
Flooring: Tile, Vinyl

Interior area

Total structure area: 1,009
Total interior livable area: 1,009 sqft
Finished area above ground: 1,009
Finished area below ground: 0

Property

Parking

Total spaces: 1
Parking features: Carport, Driveway

Features

Stories: 1
Has view: Yes

Lot

Size: 1 Acres

Details

Parcel number: 1639357259
Special conditions: Standard

Construction

Type & style

Home type: SingleFamily
Architectural style: Ranch
Property subtype: Single Family Residence, Residential

Materials

Brick, Wood Siding
Foundation: Brick/Mortar
Roof: Shingle

Condition

New construction: No
Year built: 1986

Utilities & green energy

Sewer: Septic Tank
Water: Well

Community & HOA

Community

Subdivision: Meadowbrook Estates

Location

Region: Garner

Financial & listing details

Price per square foot: $297/sqft
Tax assessed value: $196,526
Annual tax amount: $1,011
Date on market: 2/25/2024

Price history

Date	Event	Price
4/4/2024	Sold	$300,000+9.1%$297/sqft
Source: Doorify MLS #10013541 Report a problem
2/29/2024	Pending sale	$275,000$273/sqft
Source: Doorify MLS #10013541 Report a problem
2/25/2024	Listed for sale	$275,000+89.7%$273/sqft
Source: Doorify MLS #10013541 Report a problem
6/28/2019	Sold	$145,000+3.6%$144/sqft
Source: Doorify MLS #2259573 Report a problem
6/9/2019	Pending sale	$139,900$139/sqft
Source: Keller Williams Realty Platinum #2259573 Report a problem
6/6/2019	Listed for sale	$139,900$139/sqft
Source: Keller Williams Realty Platinum #2259573 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$1,277 +2.9%	$196,526
2024	$1,240 +22.6%	$196,526 +54.5%
2023	$1,012 +7.8%	$127,204
2022	$939 +2.7%	$127,204
2021	$914 +1.7%	$127,204
2020	$899 +26.6%	$127,204 +50.5%
2019	$710	$84,497
2018	$710 +14.4%	$84,497
2017	$621 +2%	$84,497
2016	$609 -17.1%	$84,497 -17.8%
2015	$734 +5.4%	$102,788
2014	$696	$102,788