8 months on rocket

7612 Fayetteville Rd, Raleigh, NC, 27603

$5,170,000

3 Bedrooms
2 Full Baths
1,248 SqFt
$4,143/SqFt
House

Location

Image provided by Mapbox

Property Highlights

Home TypeSingle Family Residence
Year Built1989
HeatingNone
CoolingOther
MLS #10017444
Lot Size9.40 Acres
StatusActive

About 7612 Fayetteville Rd

9.4 +- Acres total, Prime land located along Fayetteville rd. in the Opportunity Zone business corridor. Other properties near to this are zoned R-40 adjacent to the new Costco shopping center, retail buildings and high density apartments. High traffic area ready for redevelopment. Property being sold in conjunction with 7.37 acres vacant land PIN#0689988964.

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 1989
  • Living Area: 1,248 SqFt

Listing Office:

  • Office Name: Keller Williams Legacy
  • Office Phone: (919) 439-2105
  • Listing Agent: Ben Parker

Interior Features

Interior Information:

  • Flooring Type: Other

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Lot Features

Lot Information:

  • Lot Size: 9.40 Acres

Utilities

Utilities Information:

  • Heating: None
  • Cooling: Other

Other

Directions Information:

  • Directions: From Ten-Ten Rd, turn to Fayetteville Road. Go past Walgreens and Costco Gasoline make U-turn and the property will be on your right. It is currently called Ironhead Towing in GPS

Price Information

Listing Price Info

Price Summary:

  • List Price: $5,170,000
  • Price Per SqFt: $4,143/SqFt

Tax Information:

  • Annual Amount: $847
  • Tax Year: 2021
House and calculator

What can I afford?

Understand what home price range makes sense for your budget.

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

7612 Fayetteville Rd vs Raleigh

252 DAYS ON ROCKET

+216 Days

$5,170,000

+$4.7M More

$4,143/SqFt

+$3.9K More

KEY TAKEAWAY

This property is $4.7M more than the Median Sold Price and $3.9K/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: #10017444

Listing Office:

  • Office Name: Keller Williams Legacy
  • Office Phone: (919) 439-2105
  • Listing Agent: Ben Parker

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: 11/22/2024, 11:50:54 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$847$117,743
2020$833$117,743
2019$1,268$166,368
2018$1,203$166,368

History based on county public records data.

Payment Calculator

$25.8K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$15.5K

Powered By

Rocket Mortgage

Advertisement

NMLS#3030

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-823151
4
/10
  • Vance Elementary School

  • 8808 Old Stage Rd

  • 1.82 miles

  • Public District Grades PK-5

school-card-donut-823152
3
/10
  • Banks Road Elementary School

  • 10225 Chambers Rd

  • 2.78 miles

  • Public District Grades PK-5

school-card-donut-823153
4
/10
  • Timber Drive Elementary School

  • 1601 Timber Dr

  • 3.59 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $30,917. Residents of Raleigh, NC typically earn less than $35k each year. Most families are single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Living In Raleigh, NC

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

What are the common housing types in Raleigh, NC?

Raleigh's housing market showcases a diverse array of options, with single-family homes being a significant presence, reflecting a mix of contemporary and colonial architecture. Apartments and condominiums offer alternatives for those seeking urban living, particularly in the downtown area. The city has experienced growth with new housing developments, adding modern amenities to the market.

What are the advantages of living in Raleigh, NC?

Raleigh is celebrated for its vibrant cultural scene and green spaces. The community prides itself on a blend of urban sophistication and southern charm, with annual events like the International Bluegrass Music Festival highlighting its cultural diversity. The city's character is further defined by its numerous parks and a strong focus on family-friendly activities.

Are essential services in Raleigh, NC convenient?

The city is served by a robust educational system, including a variety of public and private schools, and is home to several higher education institutions, such as North Carolina State University. Healthcare services are comprehensive, with multiple hospitals and clinics catering to a range of medical needs. Retail and dining options are plentiful, reflecting Raleigh's regional cuisine and fashion, and the city is proactive in adapting services to meet the evolving needs of its residents.

How do Raleigh, NC residents get around?

Raleigh's transportation infrastructure includes an extensive network of buses that connect various parts of the city. While some areas boast high walkability, particularly in downtown and certain residential neighborhoods, others are more car-dependent. The city is also connected by major highways, facilitating travel to neighboring cities and states. Efforts are ongoing to enhance the efficiency and accessibility of the city's transportation system.

Frequently Asked Questions About 7612 Fayetteville Rd

What is the listing price of this property?

The listing price of 7612 Fayetteville Rd property is $5,170,000.

What type of property is this?

The property 7612 Fayetteville Rd is a house located in Raleigh, North Carolina, 27603.

Is this property for sale now?

Active Listing: 7612 Fayetteville Rd 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 $847 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 7612 Fayetteville Rd has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 7612 Fayetteville Rd is 1,248 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 7612 Fayetteville Rd is 1989.
Rocket Homes logo

Interested in 7612 Fayetteville Rd? Let's connect.

Let Us Contact You

By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.


Rocket Homes›North Carolina›Wake County›Raleigh›27603›7612 Fayetteville Rd

This home is located at 7612 Fayetteville Rd in Raleigh, NC and zip code 27603. This 1,248 square foot home, which was built in 1989, sits on a 9.40 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since March 15, 2024 and is currently priced at $5,170,000.

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. 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.

More Resources