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Sold on 09/20/2022

1007 Timber Dr, Garner, NC 27529

$578,000

Last sold 09/20/2022 for $570K

  • —

    bed

  • —

    bath

  • 3,003

    Sqft ($190/Sqft)

Multi-family not for sale
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About 1007 Timber Dr

Property type Multi-family
Neighborhood
Year built 1984
HOA fee $0/month
Lot size 0.36 Acre
Movoto estimate
Rental estimate
Property description
Well-maintained triplex to be sold with a duplex two doors down (5 units altogether). See MLS # 2468628 for info on the duplex. 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#2468632 • last updated 4 years ago
Movoto checked Doorify MLS for data 35 minutes ago
Overview
Cooling/AC Central Air
Heating Forced Air, Electric
Levels/Style Unit 1/2 Sty, Unit 2/2 Sty, Unit 3/2 Sty
MLS # 2468632
Type Residential Income
Status CLOSED
SubType Triplex
Living Area 3003
Lot Size (SqFt) 15507
Lot Size (Acres) 0.36
Property Tax 3425
Year Built 1984
Interior
Basement Crawl Space
Laundry W/D Connection
Flooring Carpet, Vinyl
Appliances Dishwasher, Disposal, Range/Oven, Refrigerator
Interior Features 1.5 Baths, 2 Bedroom, Dining Room, Extra Storage, Kitchen, Living Room, Utility Room
Exterior
Construction Masonite
Parking 2 Space/Unit
Patio/Porch Deck, Porch
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.
$578K
Range: $508K-$647K
Last 30 days 
Rental est.: $969/month
Gross rent multiplier: 49.0
  • Sep 2022
    Public Records
  • Sep 20, 2022 Sold
    $570,000
  • Sep 2022
    mls logo MLS # 2468632
  • Sep 20, 2022 Sold
    $570,000 (+2.7%)
  • Aug 19, 2022 Active
    —
  • Aug 15, 2022 Listed
    $555,000
  • Aug 15, 2022 Listed
    $555,000
  • Year Property taxes Tax assessment
  • 2025
    $5,080 +0.3%
    $484,037
  • 2024
    $5,063 +35.1%
    $484,037 +68.53%
  • 2023
    $3,748 +9.4%
    $287,211
  • 2022
    $3,425 +5.3%
    $287,211
  • 2021
    $3,254 +1.3%
    $287,211
  • 2020
    $3,211 +12.7%
    $287,211 +31.87%
  • 2019
    $2,849 +11.3%
    $217,806
  • 2017
    $2,559 +1.2%
    $217,806
  • 2016
    $2,528 -3.7%
    $217,806
  • 2015
    $2,625
    —
  • 1007 Timber Dr
    $570K
  • 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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