3 months on rocket

3809 Virginia St, Raleigh, NC, 27610

$1,250,000

Home List Price

$10,000*

Closing Credit

9 Bedrooms
9 Full Baths
5,376 SqFt
$233/SqFt
Multi

Location

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3809 Virginia St, Raleigh$1,250,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
Garage1 space
Year Built1968
HeatingHeat Pump
CoolingHeat Pump
MLS #10048102
Lot Size0.92 Acres
StatusActive

About 3809 Virginia St

This unique offering includes two duplexes on a shared lot—3809 Virginia St. and 3807 Thelma St.—with flexible options for buyers. Zoned RX-4 with a Transit Overlay District (TOD), the property presents significant development potential, allowing for the construction of a 6-story residential mixed-use building with minimal parking and frontage requirements. Currently, both duplexes are income-producing, with rooms rented by the week. 3809 Virginia St. features 5 beds/5 baths, while 3807 Thelma St. has 4 beds/4 baths and a garage, with each room generating weekly income. Whether you're looking to capitalize on the immediate rental income or redevelop the property for larger-scale use, this opportunity offers the best of both worlds. Owner financing is available.

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 1968
  • Living Area: 5,376 SqFt

Listing Office:

  • Office Name: Compass -- Raleigh
  • Office Phone: (919) 726-6548
  • Listing Agent: Marianne Mansour

Interior Features

Interior Information:

  • Flooring Type: Carpet, Ceramic Tile

Bedroom and Bathroom Information:

  • Full Bathrooms: 9
  • Total Bedroom Count: 9

Exterior Features

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: No

Lot Features

Lot Information:

  • Lot Size: 0.92 Acres

Utilities

Utilities Information:

  • Heating: Heat Pump
  • Cooling: Heat Pump

Other

Directions Information:

  • Directions: Follow I-440 E to US-64 BUS E/New Bern Ave. Take exit 13B from I-440 E Merge onto I-440 E Take exit 13B for U.S. 64 Business E toward Knightdale Continue on US-64 BUS E/New Bern Ave. Turn right onto Plainview Dr Turn left onto Hillcrest Dr Turn right onto Virginia St Destination will be on the left

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,250,000
  • Price Per SqFt: $233/SqFt

Tax Information:

  • Annual Amount: $3,053
  • 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

$448.4K

Med. Price/SqFt

$234

Avg. Days On Market

42

# of Sold Homes

425

3809 Virginia St vs Raleigh

119 DAYS ON ROCKET

+77 Days

$1,250,000

+$801.5K More

$233/SqFt

-$1 Less

KEY TAKEAWAY

This property is $801.5K more than the Median Sold Price and $1/SqFt less than other homes in Raleigh, NC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #10048102

Listing Office:

  • Office Name: Compass -- Raleigh
  • Office Phone: (919) 726-6548
  • Listing Agent: Marianne Mansour

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: 12/18/2024, 12:21:11 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

Jun 28, 2006Home Sold
$93,000
Jan 03, 2006Home Sold
$110,000

Tax History

YEARPROP. TAXASSESSMENT
2021$3,053$309,647
2020$2,997$309,647
2019$2,155$193,588
2018$2,054$193,588

History based on county public records data.

Payment Calculator

$6,306

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,814

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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-4518541
3
/10

  • Powell Magnet Elementary School

  • 1130 Marlborough Rd

  • 1.61 miles

  • Public Magnet Grades PK-5

school-card-donut-4518542
4
/10

  • Wilburn Elementary School

  • 3707 Marsh Creek Rd

  • 1.76 miles

  • Public District Grades PK-5

school-card-donut-4518543
5
/10

  • Rogers Lane Elementary School

  • 201 N Rogers Ln

  • 1.98 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 $36,930. The most common annual income of people living in Raleigh, NC is between $35k-100k. 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

Rocket Homes›North Carolina›Wake County›Raleigh›27610›3809 Virginia St

This home is located at 3809 Virginia St in Raleigh, NC and zip code 27610 in the Beacon Lake neighborhood. This 5,376 square foot home, which was built in 1968, sits on a 0.92 acre lot. Features: 9 bedrooms, 9 bathrooms. It has been listed on Rocket Homes since August 21, 2024 and is currently priced at $1,250,000.

In November 2024, from all listings sold in Raleigh, NC there were more than 67 sold above asking price, over 257 sold below and more than 101 were sold right at the asked price. Between October 2024 and November 2024, Raleigh, NC real estate market has seen decrease in the number of listings by 9.7%. In November 2024, listings were on the market for 42 days. During the same period, the median list price in this real estate market was $448,424.

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

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