2 months on rocket

3816 Thelma St, Raleigh, NC, 27610

$1,899,000

Home List Price

$10,000*

Closing Credit

8 Bedrooms
8 Full Baths
2,696 SqFt
$704/SqFt
Multi

Location

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3816 Thelma St, Raleigh$1,899,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
Year Built1969
HeatingHeat Pump
CoolingGas Pack, Heat Pump
MLS #10047999
Lot Size1.75 Acres
StatusActive

About 3816 Thelma St

Income producing Duplex includes two adjacent vacant land lots: 3900 and 3904 Thelma St. The three contiguous parcels have a combined size of 1.54 +/- Acres. SELLER FINANCING AVAILABLE. Zoning and Planning Overlays include the Transit Overlay District (TOD) and RX-4 zoning. SELLER IS OPEN TO SELLING EITHER THE DUPLEX, OR THE LAND SEPARATELY. The TOD allows up to 6 story building height with minimal parking or frontage requirements. A rent by room, 8 bed / 8 bath fully leased Duplex, is in place.

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 1969
  • Living Area: 2,696 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, Wood

Bedroom and Bathroom Information:

  • Full Bathrooms: 8
  • Total Bedroom Count: 8

Lot Features

Lot Information:

  • Lot Size: 1.75 Acres

Utilities

Utilities Information:

  • Heating: Heat Pump
  • Cooling: Gas Pack, Heat Pump

Other

Directions Information:

  • Directions: Take 440E to Exit 13B / US 64 Bus E / New Bern Ave. Right onto Beacon Lake Drive. Right turn onto Thelma St. Destination is on your left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,899,000
  • Price Per SqFt: $704/SqFt

Tax Information:

  • Annual Amount: $2,503
  • 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

3816 Thelma St vs Raleigh

86 DAYS ON ROCKET

+50 Days

$1,899,000

+$1.4M More

$704/SqFt

+$470 More

KEY TAKEAWAY

This property is $1.4M more than the Median Sold Price and $470/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: #10047999

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: 11/15/2024, 10:21:39 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

Feb 22, 2006Home Sold
$135,000

Tax History

YEARPROP. TAXASSESSMENT
2021$2,503$253,133
2020$2,457$253,133
2019$1,508$134,437
2018$1,439$134,437

History based on county public records data.

Payment Calculator

$9,545

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,760

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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-324580
3
/10

  • Powell Magnet Elementary School

  • 1130 Marlborough Rd

  • 1.66 miles

  • Public Magnet Grades PK-5

school-card-donut-324581
4
/10

  • Wilburn Elementary School

  • 3707 Marsh Creek Rd

  • 1.81 miles

  • Public District Grades PK-5

school-card-donut-324582
5
/10

  • Rogers Lane Elementary School

  • 201 N Rogers Ln

  • 1.91 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 majority of Raleigh, NC residents have income between $35k-100k annually. The majority of families are single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›North Carolina›Wake County›Raleigh›27610›3816 Thelma St

This home is located at 3816 Thelma St in Raleigh, NC and zip code 27610 in the Beacon Lake neighborhood. This 2,696 square foot home, which was built in 1969, sits on a 1.75 acre lot. Features: 8 bedrooms, 8 bathrooms. It has been listed on Rocket Homes since August 20, 2024 and is currently priced at $1,899,000.

In October 2024, from all listings sold in Raleigh, NC there were more than 94 sold above asking price, over 270 sold below and more than 103 were sold right at the asked price. The inventory of homes for sale in Raleigh, NC between September 2024 and October 2024 increased 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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