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Sold on 09/20/2022

1003 Timber Dr, Garner, NC 27529

$405,500

Last sold 09/20/2022 for $380K

  • —

    bed

  • —

    bath

  • 2,032

    Sqft ($187/Sqft)

Multi-family not for sale
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About 1003 Timber Dr

Property type Multi-family
Neighborhood
Year built 1984
HOA fee $0/month
Lot size 0.28 Acre
Movoto estimate
Rental estimate
Property description
Well-maintained duplex to be sold with a triplex two doors down (5 units altogether). See MLS # 2468632 for info on the triplex. Fully leased with long-term tenants. Ideal for investment portfolios and 1031 tax exchange. Serious inquiries only; showings will be limited due to tenants. Please do not disturb tenants; reach out to the listing broker for showing information. Lease info available upon request.
Listed by
Listing Agent - Joel G Tate
Listing Office - Tate & Company, Inc.
Source: Doorify MLS mls logo
MLS#2468628 • last updated 4 years ago
Movoto checked Doorify MLS for data 1 hour ago
Overview
Cooling/AC Central Air, Heat Pump
Heating Forced Air, Electric
Levels/Style Unit 1/2 Sty, Unit 2/2 Sty
MLS # 2468628
Type Residential Income
Status CLOSED
SubType Duplex
Living Area 2032
Lot Size (SqFt) 12000
Lot Size (Acres) 0.28
Property Tax 2585
Year Built 1984
Interior
Laundry W/D Connection
Flooring Carpet, Vinyl
Appliances Dishwasher, Disposal, Range/Oven, Refrigerator
Interior Features 1.5 Baths, 2 Bedroom, Kitchen, Living Room, Utility Room
Exterior
Foundation Slab
Construction Masonite
Parking 3 Space+/Unit
Patio/Porch Patio
Amenities / Utilities
Sewer/Septic City Sewer
Water Source City Water
Location
County Wake
Subdivision Heather Ridge
Elementary School Wake - Aversboro
Middle School Wake - East Garner
High School Wake - Garner
Zoning MF-1
Directions US Highway 70 To Garner; Right (south) On Timber Drive; Property On Right Just Before The Aversboro Road Intersection.
$405K
Range: $377K-$433K
Last 30 days 
Rental est.: $969/month
Gross rent multiplier: 32.7
  • Sep 2022
    Public Records
  • Sep 20, 2022 Sold
    $380,000
  • Sep 2022
    mls logo MLS # 2468628
  • Sep 20, 2022 Sold
    $380,000 (+2.7%)
  • Aug 19, 2022 Active
    —
  • Aug 15, 2022 Listed
    $370,000
  • Aug 15, 2022 Listed
    $370,000
  • Year Property taxes Tax assessment
  • 2025
    $3,913 +0.3%
    $373,451
  • 2024
    $3,900 +37.8%
    $373,451 +71.89%
  • 2023
    $2,830 +9.4%
    $217,256
  • 2022
    $2,585 +5.3%
    $217,256
  • 2021
    $2,456 +1.3%
    $217,256
  • 2020
    $2,424 +9.4%
    $217,256 +27.95%
  • 2019
    $2,215 +11.4%
    $169,797
  • 2017
    $1,988 +1.3%
    $169,797
  • 2016
    $1,964 -4.6%
    $169,797
  • 2015
    $2,059
    —
  • 1003 Timber Dr
    $380K
  • Heather Ridge
    —
  • 27529
    $410K -5% y/y
  • Garner
    $410K -5% y/y
No chart available
Statistics calculated by Movoto

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4/10
Aversboro Elementary
public Grades PK, K-5
Wake County School District
2/10
East Garner Middle
public Grades 6-8
Wake County School District
4/10
Garner High
public Grades 9-12
Wake County School District
Source: GreatSchools.org © 2026. All rights reserved.

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