This 2 unit semi-detached rental unit is centrally located close to Crabtree Valley Mall. Recently upgraded, this is an excellent investment opportunity in a desirable neighborhood.
Multi-familyProperty Type
1979Year Built
0.42 acresLot Size
$248Est. Price/Sq.Ft.
1 spaceParking
Listed by Edmond Batchelor• TradeMark Residential
Bought with Peter Rumsey• Howard Hanna Allen Tate Raleigh Glenwood
Source:TMLS #1965826
Redfin Estimate
$547,166
$343K since sold in March 2015$16K since August
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 21.3% lower than the average sale price ($695K) of 6 comparable homes.
This 2 unit semi-detached rental unit is centrally located close to Crabtree Valley Mall. Recently upgraded, this is an excellent investment opportunity in a desirable neighborhood.
TMLS #770200
Feb 18, 2005
Sold
$174,000
$79/sq ft
Feb 18, 2005
Sold
$174,000
$79/sq ft
Jan 7, 2005
Listing Removed
—
Oct 21, 2004
Listed
$179,900
$81/sq ft
Oct 21, 2004
Listed
$179,900
$81/sq ft
Nice Duplex, Great loction, just behind Crabtree Valley Mall, New ext paint this year, 2BR 1 full bath and 1 half bath each unit; washer/dryer/mwave/refrig each unit; currently leased; showing apptmt needed; 1 hour notice, 12-24-04 reduced price $10,000 for quick sale. Hurry, will not last long!
Public Records
Aug 9, 1996
Sold
$130,000
$59/sq ft
Public Records
Apr 29, 1986
Sold
$96,500
$44/sq ft
Public Records
Apr 29, 1986
Sold
$120,000
$54/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$4,527 (+0.4%)
$200,000 + $314,449
$514,449
2024
$4,508 (+43.7%)
$200,000 + $314,449
$514,449
2023
$3,136 (+7.5%)
$200,000 + $314,449
$514,449
2022
$2,916 (+4.0%)
$76,000 + $208,062
$284,062
2021
$2,804 (+1.8%)
$76,000 + $208,062
$284,062
2020
$2,753 (+14.4%)
$76,000 + $208,062
$284,062
2019
$2,407 (+6.0%)
$76,000 + $208,062
$284,062
2018
$2,272 (+4.9%)
$70,000 + $134,262
$204,262
2017
$2,165 (+2.1%)
$70,000 + $134,262
$204,262
2016
$2,121 (+7.7%)
$70,000 + $134,262
$204,262
2015
$1,970 (+5.3%)
$70,000 + $134,262
$204,262
2014
$1,870 (+6.9%)
$70,000 + $116,412
$186,412
2013
$1,749
$70,000 + $116,412
$186,412
2012
$1,749 (+1.0%)
$70,000 + $116,412
$186,412
2011
$1,732
$70,000 + $116,412
$186,412
Tax history for 4908 Edwards Mill Rd
Year
Property tax
Land + Additions
Assessment*
2025
$4,527 (+0.4%)
$200,000 + $314,449
$514,449
2024
$4,508 (+43.7%)
$200,000 + $314,449
$514,449
2023
$3,136 (+7.5%)
$200,000 + $314,449
$514,449
2022
$2,916 (+4.0%)
$76,000 + $208,062
$284,062
2021
$2,804 (+1.8%)
$76,000 + $208,062
$284,062
2020
$2,753 (+14.4%)
$76,000 + $208,062
$284,062
2019
$2,407 (+6.0%)
$76,000 + $208,062
$284,062
2018
$2,272 (+4.9%)
$70,000 + $134,262
$204,262
2017
$2,165 (+2.1%)
$70,000 + $134,262
$204,262
2016
$2,121 (+7.7%)
$70,000 + $134,262
$204,262
2015
$1,970 (+5.3%)
$70,000 + $134,262
$204,262
2014
$1,870 (+6.9%)
$70,000 + $116,412
$186,412
2013
$1,749
$70,000 + $116,412
$186,412
2012
$1,749 (+1.0%)
$70,000 + $116,412
$186,412
2011
$1,732
$70,000 + $116,412
$186,412
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Zoning
OX-7-PL-CU
Office Mixed Use District-7 Stories-Parking Limited Frontage-Conditional Use
OX is intended to provide for a variety of office and employment uses while allowing for housing and limited retail and service-related options. Limited retail and service-related options are allowed subject to use standards that restrict the size and scale of each use.; OX is not intended to provide for areas exclusively dominated by office or employment uses but provide for developments that balance employment and housing options with access to convenience retail services and goods.; OX can serve as a land use transition between other mixed use districts and residential neighborhoods.; The PL Frontage is intended for areas where access to buildings by automobile is desired but where some level of walkability is maintained. Permits a maximum of 2 bays of on-site parking with a single drive aisle between the building and the street right-of-way.; Each conditional district (bearing the designated CU on the Official Zoning Map) corresponds to a general use district. All zoning requirements that apply to the general use district are also applicable to the corresponding conditional district unless adopted conditions are more restrictive.