5035 Tallwood Dr Raleigh, NC 27613

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3 beds · 3 baths · 3,046 sq ft · Lot Size: 67,518 sq ft · Single Family Home
Est. Property Value: $710,705

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5035 Tallwood Dr is in the 27613 neighborhood of Raleigh, NC. It is located in Wake County and ZIP code 27613. This Single Family Home was built in 1993 and is approximately 32 years old. The single family home spans 3046 sq ft with 3 bedrooms and 3 bathrooms and sits on a 67518 sq ft lot. According to public records, it was last sold in 2006 for $334,500 and has a tax-assessed value of $388,103, which is $233 per sq ft. Analyze and compare real estate investment strategies for properties like this home at 5035 Tallwood Dr Raleigh, NC 27613 with Property Intel by Whitepages.

5035 Tallwood Dr

Raleigh, NC 27613

Owner Info

Owners & Occupancy for 5035 Tallwood Dr

This property is owned by Alan R Blatecky. Owner contact information includes 9 phone numbers and 3 email addresses.

Property Owners

OccupationVisiting Fellow, Rti International
Cell Phone(919) ***-****View Cell Phone
Residence***********
Landline(704) 395-0038
Distance from Property**********
Email Address*******@yahoo.comView Email

Occupancy

Current Occupancy******View Occupancy

Property Financials for 5035 Tallwood Dr

5035 Tallwood Dr, Raleigh, NC has a mortgage from Southbank (orig. March 10, 2006). The Wake county assessment for 2024 values it at $388,103, with annual taxes of $3,924.

Mortgage & Equity Information

Loan Amount$******
LenderSouthbank
Origination DateMarch 10, 2006
Interest Rate****%
Term30 Years
Rate TypeFixed
Est Balance$********
Due Date**************
Equity View Equity

Property Tax

Purchase DateMarch 10, 2006
Property Tax Amount$3,924 in 2024
Purchase Price$334,500
Assessed Value$388,103 on 2024

Investment Potential for 5035 Tallwood Dr

The property has a current estimated value of $710,705, which is 102% above the zip median, based on public records. It last sold on March 10, 2006 for $335K. Projected long-term
is $37,200 annually ($3,100 per month) with a 87% occupancy rate.

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Long-Term

Gross Rental
$37,200 per year($3,100 per month)
Net Operating Income
Cap Rate
Occupancy Rate
87%in 27613 zip code
 
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Property Details for 5035 Tallwood Dr

Property Details

Property Sq Ft

Living Area

3,046 sq ft

118% above market

Lot Size

67,518 sq ft

933% above market

Price Per Sq Ft

Living Area

$233 / sq ft

4% below market

Lot Size Area

$11 / sq ft

78% below market

Property condition, age, exterior, etc. for 5035 Tallw…
Longitude: -78.719051 Latitude: 35.959629 Parcel Number (APN): 195161…

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Discover more single family homes near 5035 Tallwood Dr in Raleigh, North Carolina. Get property details like ownership length, owner age, and occupancy status to help you find the best real estate opportunities in this neighborhood.

Market Benchmarks

Compare data for 5035 Tallwood Dr in Wake County to the median in the zip code area and surrounding markets, where available.
View zip code benchmarks
Property
State
Difference
$710,705
$257,944
$452,760 (176%)
$368,113
$676,508 (184%)
YoY Price Change
2.32%
-22%
Year Built
1993
1990
3 years
Living Space
3,046 sq ft
1,590 sq ft
1456 (92%)
$ Per Living Sq Ft
$233
$158
$75 (48%)
Lot Size
67,518 sq ft
20,473 sq ft
47045 (230%)
$ Per Lot Sq Ft
$11
$12
-$1 (-12%)

Net Operating Income
$18,197
$4,954 (27%)
Annual Revenue
$37,200
$25,200
$12,000 (48%)
$6,673
$7,376 (111%)
Net Operating Income
$18,197
$4,954 (27%)
Cap Rate
6.84%
Home Value Comparison: Property vs. Local and Regional 3-Bed Single Family Home Medians

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