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615 Locust Ln, Raleigh, NC, 27603

$289,000

Home List Price

$3,432*

Closing Credit

3 Bedrooms
1 Full Bath, 1 Partial
1,288 SqFt
$224/SqFt
House

Location

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615 Locust Ln, Raleigh$289,000

Buyer Closing Credits

$3,432*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingCarport, Concrete, Covered
Year Built1965
HeatingElectric
CoolingAttic Fan, Central Air, Ceiling Fan(s)
MLS #10061896
Lot Size0.47 Acres
StatusActive

About 615 Locust Ln

Investors welcome! This charming 3-bedroom, 1.5-bathroom brick ranch home offers both character and recent updates, all at an incredible value. Built in 1965 this home features a new roof and water heater installed (2024). Additional work has been done on the septic tank (2022) and a vapor barrier and updated vents added to crawl space (2022), providing peace of mind and added value. Nestled on almost an acre private lot with its own well, the property also includes a detached garage and storage shed—ideal for extra storage or a workshop. This home is move-in ready but provides room to add your personal touch. This is a fantastic opportunity for first-time buyers or anyone seeking great value in Raleigh. Schedule a showing today—this gem won't last long!

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 1965
  • Living Area: 1,288 SqFt

Listing Office:

  • Office Name: Allen Tate/Raleigh-Glenwood
  • Office Phone: (919) 719-2900
  • Listing Agent: Diane Hayes

Interior Features

Interior Information:

  • Appliances: Dishwasher
  • Flooring Type: Linoleum, Wood
  • Interior: Built-in Features, Ceiling Fan(s), Eat-in Kitchen

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Back Fence, Fence

Parking Information:

  • Attached Garage: No
  • Parking: Carport, Concrete, Covered

Lot Features

Lot Information:

  • Lot: Back Yard, Front Yard, Interior Lot, Landscaped, Many Trees
  • Lot Size: 0.47 Acres

Utilities

Utilities Information:

  • Heating: Electric
  • Cooling: Attic Fan, Central Air, Ceiling Fan(s)

Other

Directions Information:

  • Directions: From HWY 401 South, take a right onto Timber, right on Grovemont,left on Old Valley St., right on Ranch Farm Road, Left on Juniper, right on Locust Lane. Property located on the left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $289,000
  • Price Per SqFt: $224/SqFt

Tax Information:

  • Annual Amount: $1,325
  • 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

615 Locust Ln vs Raleigh

43 DAYS ON ROCKET

+1 Day

$289,000

-$159.4K Less

$224/SqFt

-$10 Less

KEY TAKEAWAY

This property is $159.4K less than the Median Sold Price and $10/SqFt less than other homes in Raleigh, NC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Doorify MLS
  • MLS Number: #10061896

Listing Office:

  • Office Name: Allen Tate/Raleigh-Glenwood
  • Office Phone: (919) 719-2900
  • Listing Agent: Diane Hayes

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, 6:21:07 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$1,325$185,702
2020$1,303$185,702
2019$1,060$138,632
2018$1,006$138,632

History based on county public records data.

Payment Calculator

$1,510

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$933

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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-65948
4
/10

  • Smith Magnet Elementary School

  • 1101 Maxwell Dr

  • 0.52 miles

  • Public Magnet Grades PK-5

school-card-donut-65949
5
/10

  • Fuller Magnet Elementary School

  • 2600 Timber Dr

  • 0.88 miles

  • Public Magnet Grades PK-5

school-card-donut-65950
5
/10

  • Vandora Springs Elementary School

  • 1300 Vandora Springs Rd

  • 1.18 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 $62,845. The majority of Raleigh, NC residents have income between $35k-100k annually. Most families are single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 615 Locust Ln

What is the listing price of this property?

The listing price of 615 Locust Ln property is $289,000.

What type of property is this?

The property 615 Locust Ln is a house located in Raleigh, North Carolina, 27603.

Is this property for sale now?

Active Listing: 615 Locust Ln 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 $1,325 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 615 Locust Ln has 3 bedrooms and 1 full and 1 half bathrooms.

What is the square footage of this property?

The property 615 Locust Ln is 1,288 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 615 Locust Ln is 1965.

Rocket Homes›North Carolina›Wake County›Raleigh›27603›615 Locust Ln

This home is located at 615 Locust Ln in Raleigh, NC and zip code 27603 in the Rangewood neighborhood. This 1,288 square foot home, which was built in 1965, sits on a 0.47 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 05, 2024 and is currently priced at $289,000.

Over 67 listings were sold over their listed price in November 2024 in Raleigh, NC. In the same period over 257 listings were sold below the listed price and 101 listings were sold for the listed price. The inventory of homes for sale in Raleigh, NC between October 2024 and November 2024 decreased by 9.7%. Listings spent 42 days on the market in November 2024, and had a median list price of $448,424 during the same period.

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

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