Desireable North Raleigh location in popular neighborhood. Terrific opportunity for sweat equity mostly cosmetic(paint & carpet) and this will be a wonderful home on a pretty street and a great investment! 1/3 acre lot backs to wooded buffer! Home priced well below market. Home to sell "AS IS". Great location, great schools! Seller motivated!
Single-familyProperty Type
1979Year Built
0.37 acresLot Size
$207Est. Price/Sq.Ft.
Listed by Mary Ann Larson• RE/MAX United
Listed by Keith Larson
Bought with Jo Lewter• Bethesda Realty
Source:TMLS #1748781
Redfin Estimate
$337,174
$167K since sold in September 2016$2,000 since October
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 21.9% lower than the average sale price ($432K) of 6 comparable homes.
Desireable North Raleigh location in popular neighborhood. Terrific opportunity for sweat equity mostly cosmetic(paint & carpet) and this will be a wonderful home on a pretty street and a great investment! 1/3 acre lot backs to wooded buffer! Home priced well below market. Home to sell "AS IS". Great location, great schools! Seller motivated!
Public Records
Jul 27, 1992
Sold
$68,000
$42/sq ft
Public Records
Oct 18, 1985
Sold
$32,500
$20/sq ft
Public Records
Jun 5, 1985
Sold
$32,500
$20/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$3,209 (+0.4%)
$175,000 + $190,687
$365,687
2024
$3,196 (+14.9%)
$175,000 + $190,687
$365,687
2023
$2,781 (+7.6%)
$175,000 + $190,687
$365,687
2022
$2,585 (+4.0%)
$107,000 + $146,335
$253,335
2021
$2,485 (+2.9%)
$107,000 + $146,335
$253,335
2020
$2,415 (+29.0%)
$107,000 + $146,335
$253,335
2019
$1,871 (+6.0%)
$107,000 + $122,999
$229,999
2018
$1,765 (+5.0%)
$56,000 + $103,744
$159,744
2017
$1,682 (+2.1%)
$56,000 + $103,744
$159,744
2016
$1,647 (−1.8%)
$56,000 + $103,744
$159,744
2015
$1,677 (+5.4%)
$56,000 + $103,744
$159,744
2014
$1,591 (+7.0%)
$56,000 + $104,041
$160,041
2013
$1,487
$56,000 + $104,041
$160,041
2012
$1,487 (+1.0%)
$56,000 + $104,041
$160,041
2011
$1,472
$56,000 + $104,041
$160,041
Tax history for 7509 Mine Shaft Rd
Year
Property tax
Land + Additions
Assessment*
2025
$3,209 (+0.4%)
$175,000 + $190,687
$365,687
2024
$3,196 (+14.9%)
$175,000 + $190,687
$365,687
2023
$2,781 (+7.6%)
$175,000 + $190,687
$365,687
2022
$2,585 (+4.0%)
$107,000 + $146,335
$253,335
2021
$2,485 (+2.9%)
$107,000 + $146,335
$253,335
2020
$2,415 (+29.0%)
$107,000 + $146,335
$253,335
2019
$1,871 (+6.0%)
$107,000 + $122,999
$229,999
2018
$1,765 (+5.0%)
$56,000 + $103,744
$159,744
2017
$1,682 (+2.1%)
$56,000 + $103,744
$159,744
2016
$1,647 (−1.8%)
$56,000 + $103,744
$159,744
2015
$1,677 (+5.4%)
$56,000 + $103,744
$159,744
2014
$1,591 (+7.0%)
$56,000 + $104,041
$160,041
2013
$1,487
$56,000 + $104,041
$160,041
2012
$1,487 (+1.0%)
$56,000 + $104,041
$160,041
2011
$1,472
$56,000 + $104,041
$160,041
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Zoning and permits
Zoning
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
May 5, 2024 • Final
Temporary street, lane, and sidewalk closures and dumpster or pod placement
Install fiber optic cables using softscape shallow duct and traditional boring methods.
Grading
Feb 14, 2019 • Final
Residential addition
Addition
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Interior
Basement Information
Basement Sq. Ft: 782
Basement Type: Full
Bathroom Information
# of Full Baths: 2
Heating & Cooling
Air Conditioning Type: Separate System
Heating Fuel Type: Gas
Heating Type: Forced Air
Fireplace Information
# of Fireplaces: 1
Has Fireplace
Room Information
# of Rooms: 8
Exterior
Exterior Information
Physical Condition: Average
Foundation Type: Unknown With Basement
Building Style Type: Split Foyer
Exterior Wall: Frame
Roof Shape Type: Gable
Building Type: Single Family
Property Information
Subdivision Name: MINE VLY SEC 03
Living Sq. Ft: 1,626
Building Sq. Ft: 1,626
# of Units: 1
# of Stories: 1
Stories Type: 1
Legal Description: LO63 MINE VALLEY SE3 BM1978-00642
Parking & Garage Information
Parking Type: Frame Garage
Garage/Parking Sq. Ft: 572
Garage / Carport Type: Frame
Lot Information
# of Buildings: 1
Land Sq. Ft: 16,117
Legal Lot Number: 63
Municipality Name: RALEIGH
Acres: 0.37
Zoning Code: R-4
County Use Description: RESIDENTIAL-1 FAMILY
Utility Information
Utility Type: All
Financial
Assessor Information
Assessment Year: 2026
Public facts
Beds: —
Baths: 2.0
Sq. Ft.: 1,626
Stories: 1.0
Lot Size: 0.37 acres
Style: Single Family Residential
Year Built: 1979
Year Renovated: 1989
County: Wake County
APN: 1707.09 15 7467 000
Home facts updated by county records on Oct 30, 2026
Around this home
Schools
K - 12
Preschool & daycare
Lynn Road Elementary
Public PreK-5 • Assigned • 0.9mi
7/10
Carroll Middle
Public 6-8 • Assigned • 2.7mi
5/10
Sanderson High
Public 9-12 • Assigned • 1.4mi
6/10
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
50% chance of strong winds in next 30 years
2/10 Air Factor
1 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
90
73
81
67
80
63
69
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
$321,000 – $388,000
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