Property Report for 701 Colonial Dr, Raleigh, NC 27603

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701 Colonial Dr, Raleigh, NC 27603
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701 Colonial Dr, Raleigh, NC 27603
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Property Details
  • Property Address 701 Colonial Dr, Raleigh, NC 27603
  • County Wake
  • Parcel ID 1701.18-40-1890 0011954
  • Legal description LO22 ECHO HGTS SE2 BLA
  • School district Wake County Schools
  • Acreage 0.59
  • Property class Multi (2-4 Units)
  • Zoning Subscribe
  • Square footage 2,178
  • Year built 1963
  • Bedrooms N/A
  • Bathrooms N/A

About the Property

701 Colonial Dr is a multi (2-4 units) in the city of Raleigh, NC 27603. Located in the Wake County Schools, which resides in Wake County, NC and built in 1963. This Multi (2-4 Units) sits on a 25,700 sq ft lot and features 2,178 sq ft of living space.

The most recent property tax for 701 Colonial Dr was $1,624 with an estimated market value range of $309,100 to $386,800. This property was last sold on December 09, 2005 for $162,500.

Property Info

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Flood

Ownership

Land
  • Acres 0.59
  • Square Feet 25,700
Building
  • Units 2
  • Year Built 1963
  • Effective Year Built 1973
  • Stories 1
  • # Fireplaces N/A
  • Garage/Carport N/A
Utilities
  • Cooling None
  • Heating Central
Interior
  • Square Footage
  • Living Area 2,178
  • Total Rooms 10
  • Bedrooms N/A
  • Total Bathrooms N/A
  • Full Bathrooms N/A
Your Property Report will also include the following information:

Raleigh Residential Market Stats

Median Sale Price $522,000 +25.8% YoY
Median Price/sq ft. $227
Wake County Median Sale Price $522,000 +25.8% YoY

See more Real Estate Trends for Raleigh including home values, types of properties sold and transaction volumes.

Taxes and Assessments for 701 Colonial Dr, Raleigh

Tax YearTaxesTax Assesed ValueExemptions
2022$1,624 (+2.7%) $219,373

2021$1,582 (+1.6%) $219,373

2020$1,556 (+18.5%) $219,373 (+40.8%)

2019

2018

2017

2016

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Sales History for 701 Colonial Dr, Raleigh

The most recent sale on 701 Colonial Dr took place on Dec 09, 2005 and recorded on Dec 09, 2005 for $162,500. Sign up for full access to the complete sales history including potential flips, distressed sales and buyer and seller data.
Sale DateRecorded DateBuyer(s)Seller(s)PriceDocument ID

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Recently Sold Comparables
These are nearby recently sold properties that are similar to this property, base on available data.
AddressDistanceSqFtSale DatePrice$/SqFt
2009 RYERSON DR .95 mi2,14207/17/2023$400,000$187
1308 RED BRICK RD 4.87 mi2,40107/17/2023$457,500$191
4510 PALE MOSS DR 4.9 mi2,08407/17/2023$395,000$190
Active Mortgages and Equity Analysis
Date RecordedPositionOriginal AmountAmortized BalanceLoan TypeInterest RateLenderLender Type

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  • Estimated Value from ATTOM AVM:

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Automated Valuation Models (AVM)
Our Property Reports contain multiple Automated Valuation Models showing low, median, and high values along with confidence scores.
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Market Value Estimate
Nov 11, 2022 Confidence Score: 88%

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Rental Value Estimate ATTOM

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Various data sets have been provided by a third party or government source and are subject to change and possible errors. Depending on location and source, data may be missing or not available. Information is deemed reliable but not guaranteed to be accurate, up-to-date, or complete. Buyers, investors, and others are responsible for verifying the accuracy of all information.