Off Market May 2019 for $620K
$1,065,577
Est. refi paymentEst. refi $4,038/mo
bd
3.5 ba
3,050
sq ft

2116 Gresham Lake Rd, Raleigh, NC 27615

map-entry

About this home

2116 Gresham Lake Rd is a 3,050 square foot house on a 0.4 acre lot with 3.5 bathrooms. - it last sold on May 31, 2019 for $620,000. Based on Redfin's Raleigh data, we estimate the home's value is $1,065,577.
Single-familyProperty Type
1995Year Built
0.4 acresLot Size
$349Est. Price/Sq.Ft.
Source:Public Records

Redfin Estimate

$1,065,577
$446K since sold in May 2019$34K since August

This home's estimate is 10.6% higher than the average sale price ($964K) of 6 comparable homes.

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Earn from this home

Sell
$579,328
Est. take-home

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Refinance
$0
Est. cash available

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Market trends in 27615, NC

Sale history for 2116 Gresham Lake Rd

Tax history for 2116 Gresham Lake Rd

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Zoning and permits

R-4

Residential-4 District

Subject to the density restriction of 4 units per acre, R-4 allows single-unit living in a detached house with a minimum lot size of 10,000 sq ft.; Decreased minimum lot sizes are permitted as part of a compact development.; Additional building types, smaller lot sizes and increased density as part of a conservation development are allowed in exchange for preserving common open space.
Permitted uses

Include but are not limited to:

  • Housing-Single unit
  • Housing-Multiple units
  • Infrastructure
  • Public service-Other
  • Recreation-Other
  • Park & open space

Property details

Around this home

Schools

North Ridge Elementary

Public PreK-5 • Assigned • 1.2mi

7/10
West Millbrook Middle

Public 6-8 • Assigned • 1.8mi

8/10
Millbrook High

Public 9-12 • Assigned • 1.4mi

7/10
Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

6/10 Heat Factor

7 days above 105° expected this year, 17 days in 30 years

6/10 Wind Factor

53% chance of strong winds in next 30 years

3/10 Air Factor

2 unhealthy days expected this year, 2 days in 30 years

Provided by First Street

Historical weather

Raleigh, NC • 27615
Average low and high temperatures (°F)
48
29
54
35
69
46
77
55
78
60
89
70
91
74
81
67
80
64
71
52
64
45
53
34
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec

Sun exposure

In this area, properties receive around 9 hours in June and 5.1 hours in December, which is comparable to the U.S. average for solar exposure.

9 hrs
5.1 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$1.01M – $1.23M

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GreatSchools Ratings provided by GreatSchools.org.