Wow! Amazing investment opportunity to buy and hold 2 homes for the price of 1. Homes sit on 1 lot and do share a well. Live in one, rent the other or rent both and make a positive cash flow. Conveniently located, fenced yard, hardwood floors and much more make this a great investment.
Wow! Amazing investment opportunity to buy and hold 2 homes for the price of 1. Homes sit on 1 lot and do share a well. Live in one, rent the other or rent both and make a positive cash flow. Conveniently located, fenced yard, hardwood floors and much more make this a great investment.
TMLS #2057599
Nov 15, 2016
Listing Removed
—
Mar 29, 2016
Listed
$150,000
$68/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$2,454 (+2.9%)
$96,000 + $281,493
$377,493
2024
$2,384 (+43.5%)
$96,000 + $281,493
$377,493
2023
$1,662 (+7.8%)
$96,000 + $281,493
$377,493
2022
$1,542 (+2.7%)
$46,080 + $161,898
$207,978
2021
$1,501 (+1.6%)
$46,080 + $161,898
$207,978
2020
$1,477 (+16.1%)
$46,080 + $161,898
$207,978
2019
$1,272 (+8.5%)
$46,080 + $161,898
$207,978
2018
$1,172 (+5.3%)
$28,800 + $122,053
$150,853
2017
$1,113 (+2.1%)
$28,800 + $122,053
$150,853
2016
$1,090 (−10.9%)
$28,800 + $122,053
$150,853
2015
$1,223 (+5.3%)
$28,800 + $122,053
$150,853
2014
$1,161 (+6.8%)
$48,000 + $122,464
$170,464
2013
$1,087
$48,000 + $122,464
$170,464
2012
$1,087
$48,000 + $122,464
$170,464
2011
$1,087
$48,000 + $122,464
$170,464
Tax history for 421 & 425 Grovemont Rd
Year
Property tax
Land + Additions
Assessment*
2025
$2,454 (+2.9%)
$96,000 + $281,493
$377,493
2024
$2,384 (+43.5%)
$96,000 + $281,493
$377,493
2023
$1,662 (+7.8%)
$96,000 + $281,493
$377,493
2022
$1,542 (+2.7%)
$46,080 + $161,898
$207,978
2021
$1,501 (+1.6%)
$46,080 + $161,898
$207,978
2020
$1,477 (+16.1%)
$46,080 + $161,898
$207,978
2019
$1,272 (+8.5%)
$46,080 + $161,898
$207,978
2018
$1,172 (+5.3%)
$28,800 + $122,053
$150,853
2017
$1,113 (+2.1%)
$28,800 + $122,053
$150,853
2016
$1,090 (−10.9%)
$28,800 + $122,053
$150,853
2015
$1,223 (+5.3%)
$28,800 + $122,053
$150,853
2014
$1,161 (+6.8%)
$48,000 + $122,464
$170,464
2013
$1,087
$48,000 + $122,464
$170,464
2012
$1,087
$48,000 + $122,464
$170,464
2011
$1,087
$48,000 + $122,464
$170,464
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Beds
—
Baths
1
Stories
1
Lot width
—
Lot depth
—
Lot size
0.47 Acres
Year renovated
1970
Sq. Ft.
1,100
Year built
1964
Style
Single Family Residential
County
Wake County
APN
1701.14 43 9207 000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 30, 2026.
Property details
Parking
Parking Information
Parking Features: Driveway, Gravel
Interior
Bathroom Information
Bathrooms Full: 2
Bedroom Information
Bedrooms Total: 6
Interior Features
Appliances: Electric Water Heater
Interior Features: Eat-in Kitchen
Flooring: Hardwood, Vinyl
Room Information
Unfinished
Exterior
Building Information
Construction Materials: Asbestos, Wood Siding
Building Area Total: 2200.0
Structure Type: Site Built
Exterior Features
Patio and Porch Features: Deck
Foundation Details: Block
Exterior Features: Fenced Yard
Property information
Above Grade Finished Area: 2200.0
Below Grade Finished Area: 0.0
Levels: One
Ownership Type: Other
Lot Information
Lot Size Acres: 0.47
Lot Size Area: 0.47
Lot Size Dimensions: .47 acres
Lot Size Square Feet: 20473.2
Lot Size Units: Acres
Financial
Financial Information
Buyer Financing: Cash
Utilities
Utility Information
Sewer: Septic Tank
Water Source: Well
Heating & Cooling
Heating: Yes
Heating Information: Electric, Heat Pump, Oil
Cooling: Yes
Cooling Information: Central Air, Heat Pump
Location
HOA Information
Association: No
Association Fee: 0.0
Association Fee 2: 0.0
Association Fee Includes: Unknown
School Information
Elementary School: Wake - Smith
Middle Or Junior School: Wake - North Garner
High School: Wake - Garner
Location Information
County Or Parish: Wake
Directions: From Hwy 70 towards Garner right onto Timber Drive , right onto Grovemont Rd house is on the left. House is located on the corner of Valley Road and Grovemont Rd.
Latitude: 35.709159
Longitude: -78.648285
Postal Code: 27603
Public facts
Beds: —
Baths: 1.0
Sq. Ft.: 1,100
Stories: 1.0
Lot Size: 0.47 acres
Style: Single Family Residential
Year Built: 1964
Year Renovated: 1970
County: Wake County
APN: 1701.14 43 9207 000
Home facts updated by county records on Oct 30, 2026
Other
Listing Date Information
Contract Status Change Date: 2017-06-27
Documents Change Timestamp: 2024-06-18T02:56:44Z
Around this home
Schools
K - 12
Preschool & daycare
Smith Elementary
Public PreK-5 • Assigned • 0.4mi
5/10
North Garner Middle
Public 6-8 • Assigned • 2.0mi
3/10
Garner High
Public 9-12 • Assigned • 0.6mi
5/10
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
61% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Raleigh, NC • 27603
Average low and high temperatures (°F)
49
28
55
35
70
45
77
54
79
59
90
68
91
72
82
67
81
62
71
51
66
43
54
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
$348,000 – $421,000
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