2 months on rocket

2208 Garden Pl, Raleigh, NC, 27607

$2,600,000

17 Bedrooms
9 Full Baths
7,894 SqFt
$329/SqFt
Multi

Location

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Property Highlights

Home TypeQuadruplex
ParkingAdditional Parking, Common, Off Street, On Site, On Street, Paved
Year Built1961
HeatingForced Air, Natural Gas
CoolingCentral Air
MLS #10051972
Lot Size0.24 Acres
StatusActive

About 2208 Garden Pl

Presenting an exciting student-housing investment opportunity located in a bullseye location in Raleigh, North Carolina - one of the hottest markets in the country. Located at 2208 Garden Place, this nearly 8,000 square foot multi-family property is within a short distance of both NC State University and the Village District, a mecca of restaurants, bars and upscale retail. Prominent retailers within ½ mile radius include popular national stores such as Starbucks, Sephora, Chopt, Cava, Insomnia Cookies and Barnes & Nobles as well as local favorites like Jubala Coffee, Ajisai Sushi, Cantina 18 and more. With a walk-score of 92 reaching over 100 food, hotel and retail options, this Property is truly in the center of it all. The Property is currently available for purchase as four spacious four-bedroom apartments, with the opportunity to add an additional ground level studio apartment. Significantly renovated in August of 2024, the Property includes seven dedicated on-site parking spaces with additional city-issued permitted parking in the neighborhood.

Property Details

Property Features

Property Information:

  • Architectural Style: Contemporary
  • Year Built: 1961
  • Living Area: 7,894 SqFt

Listing Office:

  • Office Name: ERA Live Moore
  • Office Phone: (919) 500-7570
  • Listing Agent: Jamie Dawson

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Electric Oven, Electric Range, Exhaust Fan, Gas Water Heater, Range, Range Hood, Refrigerator, Stainless Steel Appliance(s), Washer, Water Heater
  • Basement: No
  • Flooring Type: Luxury Vinyl

Bedroom and Bathroom Information:

  • Full Bathrooms: 9
  • Total Bedroom Count: 17

Exterior Features

Exterior Information:

  • Exterior: Patio

Parking Information:

  • Attached Garage: No
  • Parking: Additional Parking, Common, Off Street, On Site, On Street, Paved

Virtual/3D Tour

  • 3D Tour: 2208 Garden Pl
3D Tour

Lot Features

Lot Information:

  • Lot Size: 0.24 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Hillsboro St to Enterprise to Garden, Property on Right

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,600,000
  • Price Per SqFt: $329/SqFt

Tax Information:

  • Annual Amount: $14,991
  • Tax Year: 2021
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Housing Market Comparison

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

Med. Sold Price

$442.3K

Med. Price/SqFt

$233

Avg. Days On Market

36

# of Sold Homes

467

2208 Garden Pl vs Raleigh

70 DAYS ON ROCKET

+34 Days

$2,600,000

+$2.1M More

$329/SqFt

+$95 More

KEY TAKEAWAY

This property is $2.1M more than the Median Sold Price and $95/SqFt more than other homes in Raleigh, NC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #10051972

Listing Office:

  • Office Name: ERA Live Moore
  • Office Phone: (919) 500-7570
  • Listing Agent: Jamie Dawson

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, 6:20:55 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Apr 17, 2019Home Sold
$1,520,000
Apr 26, 2012Home Sold
$545,000
Dec 03, 2002Home Sold
$426,000

Tax History

YEARPROP. TAXASSESSMENT
2021$14,991$1,530,413
2020$14,718$1,530,413
2019$6,607$595,585
2018$6,296$595,585

History based on county public records data.

Payment Calculator

$13K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$7,861

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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-206718
4
/10
  • Olds Elementary School

  • 204 Dixie Trl

  • 0.66 miles

  • Public District Grades PK-5

school-card-donut-206719
6
/10
  • Wiley Magnet Elementary School

  • 301 Saint Marys St

  • 0.79 miles

  • Public Magnet Grades PK-5

school-card-donut-206720
6
/10
  • Partnership Magnet Elementary School

  • 601 Devereux St

  • 0.96 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $40,865. Typical income of Raleigh, NC residents is less than $35k annually. The majority of families are single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

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Rocket HomesNorth CarolinaWake CountyRaleigh276072208 Garden Pl

This home is located at 2208 Garden Pl in Raleigh, NC and zip code 27607 in the Inside the Beltline neighborhood. This 7,894 square foot home, which was built in 1961, sits on a 0.24 acre lot. Features: 17 bedrooms, 9 bathrooms. It has been listed on Rocket Homes since September 11, 2024 and is currently priced at $2,600,000.

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. Between September 2024 and October 2024, Raleigh, NC real estate market has seen increase in the number of listings by 2.3%. 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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