2028 Messer Rd Raleigh, NC 27603

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3 beds · 2 baths · 1,222 sq ft · Lot Size: 36,155 sq ft · Single Family Home
Est. Property Value: $191,650

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2028 Messer Rd is in the 27603 neighborhood of Raleigh, NC. It is located in Wake County and ZIP code 27603. This Single Family Home was built in 2002 and is approximately 23 years old. The single family home spans 1222 sq ft with 3 bedrooms and 2 bathrooms and sits on a 36155 sq ft lot. According to public records, it was sold for $95,000 and has a tax-assessed value of $141,860, which is $157 per sq ft. Analyze and compare real estate investment strategies for properties like this home at 2028 Messer Rd Raleigh, NC 27603 with Property Intel by Whitepages.

Owners & Occupancy for 2028 Messer Rd

This property is owned by Tammy Kay Manning. Owner contact information includes 8 phone numbers and 5 email addresses.

Property Owners

OccupationAttainment Planning Branch Supervisor, Environmental Program Manager, Nc Division Of Air Quality
Cell Phone(919) ***-****View Cell Phone
Residence***********
Landline(704) 921-6321
Distance from Property**********
Email Address**********@gmail.comView Email

Occupancy

Current Occupancy*****View Occupancy
Resident 1***************** age 63

Property Financials for 2028 Messer Rd

2028 Messer Rd, Raleigh, NC has no known mortgage. The Wake county assessment for 2024 values it at $141,860, with annual taxes of $1,149.

Property Tax

Property Tax Amount$1,149 in 2024
Purchase Price$95,000
Assessed Value$141,860 on 2024

Investment Potential for 2028 Messer Rd

The property has a current estimated value of $191,650, which is 51% below the zip median, based on public records. It last sold for $95,000. Projected long-term
is $22,800 annually ($1,900 per month) with a 95% occupancy rate.

Discover more Single Family Homes in 27603.

Long-Term

Gross Rental
$22,800 per year($1,900 per month)
Net Operating Income
Cap Rate
Occupancy Rate
95%in 27603 zip code
 
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Property Details for 2028 Messer Rd

Property Details

Property Sq Ft

Living Area

1,222 sq ft

44% below market

Lot Size

36,155 sq ft

4% above market

Price Per Sq Ft

Living Area

$157 / sq ft

13% below market

Lot Size Area

$5 / sq ft

53% below market

Property condition, age, exterior, etc. for 2028 Messe…
Longitude: -78.627872 Latitude: 35.579599 Parcel Number (APN): 13M99032E…

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Market Benchmarks

Compare data for 2028 Messer Rd in Wake County to the median in the zip code area and surrounding markets, where available.
View zip code benchmarks
Property
State
Difference
$191,650
$257,944
-$66,294 (-26%)
$368,113
-$119,382 (-32%)
YoY Price Change
2.32%
-229%
Year Built
2002
1990
12 years
Living Space
1,222 sq ft
1,590 sq ft
-368 (-23%)
$ Per Living Sq Ft
$157
$158
-$1 (-1%)
Lot Size
36,155 sq ft
20,473 sq ft
15682 (77%)
$ Per Lot Sq Ft
$5
$12
-$7 (-56%)

Net Operating Income
$18,197
-$1,000 (-5%)
Annual Revenue
$22,800
$25,200
-$2,400 (-10%)
$6,673
-$1,070 (-16%)
Net Operating Income
$18,197
-$1,000 (-5%)
Cap Rate
6.84%
Home Value Comparison: Property vs. Local and Regional 3-Bed Single Family Home Medians

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