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1615 Malta Ave, Raleigh, NC, 27610

$365,000

Home List Price

$4,334*

Closing Credit

4 Bedrooms
2 Full Baths, 1 Partial
1,357 SqFt
$269/SqFt
House

Location

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1615 Malta Ave, Raleigh$365,000

Buyer Closing Credits

$4,334*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingConcrete, Driveway, Off Street, On Street
Year Built1950
HeatingForced Air
CoolingCentral Air, Window Unit(s)
BasementYes
MLS #10055226
Lot Size0.14 Acres
StatusActive

About 1615 Malta Ave

Just painted + cleaned. This is FOUR bedrooms under $400k in Downtown Raleigh! This rare 4-bedroom ranch has been updated to be move-in ready or as an income-producing rental property. With a fresh coat of paint inside, the kitchen and bathrooms recently updated and a new roof, plumbing, and fence all added in 2024, this is a worry-free home. Updated flooring + hardwoods throughout. Tucked away in a serene spot, yet just minutes from downtown, this home offers the perfect blend of city convenience and peace. Whether you're hosting on the back deck or relaxing in the very secluded yard, this home gives you room to grow in style. A great opportunity for both first time homebuyers or investors at this price and in this prime location—don't miss your chance to make 1615 Malta yours! Kitchen + bathrooms updated in 2023. New roof (2024), new fence (2024), and french drains + sump pump in crawlspace (2024). Special financing + credit available for qualified buyers - see Docs.

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 1950
  • Living Area: 1,357 SqFt

Listing Office:

  • Office Name: Rich Realty Group
  • Office Phone: (919) 710-0256
  • Listing Agent: Ryan Daniel Sabatini

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Electric Range, Microwave
  • Basement: Yes
  • Flooring Type: Hardwood, Luxury Vinyl, Tile
  • Interior: Entrance Foyer, Laminate Counters, Smooth Ceilings, Walk-In Shower

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Exterior: Back Fence, Wood Fence, Deck, Porch Front, Porch, Fence, Gutters, Smart Lock(s)

Parking Information:

  • Attached Garage: No
  • Parking: Concrete, Driveway, Off Street, On Street

Lot Features

Lot Information:

  • Lot: Back Yard, Landscaped, Rectangular Lot, Secluded
  • Lot Size: 0.14 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air, Window Unit(s)

Other

Directions Information:

  • Directions: From Raleigh Blvd, turn onto Joe Louis Ave, take a lift onto Sherrybrook Dr. and left onto Malta Ave. Home will be at the end of the cul-de-sac on the left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $365,000
  • Price Per SqFt: $269/SqFt

Tax Information:

  • Annual Amount: $1,315
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Raleigh, NC.

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Raleigh, NC

City

Med. Sold Price

$442.3K

Med. Price/SqFt

$233

Avg. Days On Market

36

# of Sold Homes

467

1615 Malta Ave vs Raleigh

55 DAYS ON ROCKET

+19 Days

$365,000

-$77.3K Less

$269/SqFt

+$35 More

KEY TAKEAWAY

This property is $77.3K less than the Median Sold Price and $35/SqFt more than other homes in Raleigh, NC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Triangle MLS
  • MLS Number: #10055226

Listing Office:

  • Office Name: Rich Realty Group
  • Office Phone: (919) 710-0256
  • Listing Agent: Ryan Daniel Sabatini

IDX Copyright © 2024 Doorify MLS of North Carolina. All rights reserved. Listings marked with a Doorify MLS icon are provided courtesy of the Doorify MLS, of North Carolina, Internet Data Exchange Database. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use.

Properties subject to prior sale, change, withdrawal or rental. Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/21/2024, 2:20:57 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Oct 08, 2010Home Sold
$30,000

Tax History

YEARPROP. TAXASSESSMENT
2021$1,315$133,042
2020$1,290$133,042
2019$762$67,917
2018$727$67,917

History based on county public records data.

Payment Calculator

$1,889

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,161

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-321780
3
/10

  • Hunter Magnet Elementary School

  • 1018 E Davie St

  • 0.54 miles

  • Public Magnet Grades PK-5

school-card-donut-321781
6
/10

  • Poe Magnet Elementary School

  • 400 Peyton St

  • 0.59 miles

  • Public Magnet Grades PK-5

school-card-donut-321782
4
/10

  • Southeast Raleigh Elementary School

  • 1436 Rock Quarry Rd

  • 0.65 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $21,024. Typical income of Raleigh, NC residents is less than $35k annually. The most common type of family is single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1615 Malta Ave

What is the listing price of this property?

The listing price of 1615 Malta Ave property is $365,000.

What type of property is this?

The property 1615 Malta Ave is a house located in Raleigh, North Carolina, 27610.

Is this property for sale now?

Active Listing: 1615 Malta Ave is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $1,315 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on October 8, 2010 for $30,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1615 Malta Ave has 4 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 1615 Malta Ave is 1,357 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1615 Malta Ave is 1950.

Rocket Homes›North Carolina›Wake County›Raleigh›27610›1615 Malta Ave

This home is located at 1615 Malta Ave in Raleigh, NC and zip code 27610 in the Inside the Beltline neighborhood. This 1,357 square foot home, which was built in 1950, sits on a 0.14 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since September 27, 2024 and is currently priced at $365,000.

Over 94 listings were sold over their listed price in October 2024 in Raleigh, NC. In the same period over 270 listings were sold below the listed price and 103 listings were sold for the listed price. The number of listings in Raleigh, NC increased by 2.3% between September 2024 and October 2024. While the average time on the market in October 2024 was 36 days, the median list price was $442,333.

From Rocket Homes Real Estate and based on county public records data.

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