5501 Roan Mountain Pl Raleigh, NC 27613

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3 beds · 2 baths · 1,341 sq ft · Lot Size: 4,792 sq ft · Single Family Home
Est. Property Value: $338,655

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5501 Roan Mountain Pl is in the 27613 neighborhood of Raleigh, NC. It is located in Durham County and ZIP code 27613. This Single Family Home was built in 2001 and is approximately 24 years old. The single family home spans 1341 sq ft with 3 bedrooms and 2 bathrooms and sits on a 4792 sq ft lot. According to public records, it was last sold in 2011 for $155,000 and has a tax-assessed value of $197,474, which is $253 per sq ft. Analyze and compare real estate investment strategies for properties like this home at 5501 Roan Mountain Pl Raleigh, NC 27613 with Property Intel by Whitepages.

Owners & Occupancy for 5501 Roan Mountain Pl

This property is owned by Albert B Martin. Owner contact information includes 5 phone numbers and 3 email addresses.

Property Owners

Cell Phone(623) ***-****View Cell Phone
Residence***********
Landline(919) 598-3266
Distance from Property**********
Email Address*******@wwisinc.comView Email

Occupancy

Current Occupancy******View Occupancy

Property Financials for 5501 Roan Mountain Pl

5501 Roan Mountain Pl, Raleigh, NC has a mortgage from Gateway Bk Mtg Inc (orig. March 10, 2011). The Durham county assessment for 2024 values it at $197,474, with annual taxes of $2,278.

Mortgage & Equity Information

Loan Amount$******
LenderGateway Bk Mtg Inc
Origination DateMarch 10, 2011
Interest Rate****%
Term30 Years
Rate TypeFixed
Est Balance$********
Due Date****************
Equity View Equity

Property Tax

Purchase DateMarch 07, 2011
Property Tax Amount$2,278 in 2024
Purchase Price$155,000
Assessed Value$197,474 on 2024

Investment Potential for 5501 Roan Mountain Pl

The property has a current estimated value of $338,655, which is 4% below the zip median, based on public records. It last sold on March 07, 2011 for $155K. Projected long-term
is $23,400 annually ($1,950 per month) with a 87% occupancy rate.

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Long-Term

Gross Rental
$23,400 per year($1,950 per month)
Net Operating Income
Cap Rate
Occupancy Rate
87%in 27613 zip code
 
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Property Details for 5501 Roan Mountain Pl

Property Details

Property Sq Ft

Living Area

1,341 sq ft

4% below market

Lot Size

4,792 sq ft

27% below market

Price Per Sq Ft

Living Area

$253 / sq ft

4% above market

Lot Size Area

$71 / sq ft

47% above market

Property condition, age, exterior, etc. for 5501 Roan …
Longitude: -78.745068 Latitude: 35.935158 Parcel Number (APN): 194802…

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Market Benchmarks

Compare data for 5501 Roan Mountain Pl in Durham County to the median in the zip code area and surrounding markets, where available.
View zip code benchmarks
Property
State
Difference
$338,655
$257,944
$80,711 (31%)
$368,113
$129,656 (35%)
YoY Price Change
2.32%
51%
Year Built
2001
1990
11 years
Living Space
1,341 sq ft
1,590 sq ft
-249 (-16%)
$ Per Living Sq Ft
$253
$158
$94 (60%)
Lot Size
4,792 sq ft
20,473 sq ft
-15681 (-77%)
$ Per Lot Sq Ft
$71
$12
$59 (492%)

Net Operating Income
$18,197
-$2,666 (-15%)
Annual Revenue
$23,400
$25,200
-$1,800 (-7%)
$6,673
$1,196 (18%)
Net Operating Income
$18,197
-$2,666 (-15%)
Cap Rate
6.84%
Home Value Comparison: Property vs. Local and Regional 3-Bed Single Family Home Medians

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