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CondominiumResidential

1612 OBERLIN RD

RALEIGH, NC 27608
1.42 ac
Lot SizeThe size of the land the home sits on, from county records.
1971
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.
Built 19858 units2,181–2,181 ft²
$5.5M
All units combinedThe sum of our current value estimates for every unit in the building — roughly what the whole building's homes are worth together.
$709K
Median unit valueThe middle unit value in this building by our estimate: half the units are worth more, half less.
$325
Median $/ft²The middle price per square foot across the building's units, by our current estimates. Useful for comparing units of different sizes.

-26.3%vs the Raleigh ZIP median sale $/ft² ($441)

Sales Performance

—
Median sale (12 mo)The middle sale price among this building's units that sold in the last 12 months, from recorded deeds.
—
1-yr changeHow the building's median sale price over the last 12 months compares with the 12 months before that.
0
Sales (12 mo)Units in this building that sold in the last 12 months, from recorded arms-length deeds.
0.0%
Turnover (12 mo)The share of units that changed hands in the last 12 months. Around 4–6% a year is typical; much higher can signal investor churn or a wave of exits.
Median sale price (yearly, all time)Every recorded arms-length sale in the building since records begin, grouped by year: the bars count sales and the line tracks the median price paid.MedianSales
20002005200620092012201420162017
Sale price per ft² (yearly, all time)The middle price per square foot across the building's units, by our current estimates. Useful for comparing units of different sizes.$/ft²
20002005200620092012201420162017

12 arms-length sales on record for this building.

Unit Mix & Floor PlansThe building's recurring floor plans, found by grouping units with identical beds, baths and square footage in county records. Larger groups are the building's standard layouts; leftover units have one-off sizes.

Studio
8 units
Recurring floor plansThe building's recurring floor plans, found by grouping units with identical beds, baths and square footage in county records. Larger groups are the building's standard layouts; leftover units have one-off sizes.
Studio · 2 ba · 2,181 ft²
8 units

Value DistributionHow the building's units spread across value ranges by our current estimates. A wide spread usually means big differences in size, floor or view.

$591K–$591K
1 unit
$615K–$615K
1 unit
$657K–$657K
1 unit
$702K–$717K
4 units
$736K–$736K
1 unit

Ownership & Financing

Owner-occupiedThe share of units where the owner lives in the unit, per county records. The rest are second homes or rentals.100%
Company-ownedUnits owned through an LLC, trust, or other company — a rough proxy for investor ownership.13%
Typical owner tenureThe middle number of years since each unit last changed hands — how long the current owners have been in place.13.5 yrs
Avg. loan-to-valueAverage current loan balance against unit value across the building. Low numbers mean owners hold lots of equity — a sign of financial stability.9%
Median owner equityThe middle dollar amount of equity (value minus loans) unit owners hold in this building.$710,408
Median tax billThe middle annual property tax bill among the building's units.$5,465
Pre-foreclosure noticesUnits with an active pre-foreclosure or foreclosure notice on file.0

Recent SalesThe latest recorded arms-length sales in the building, newest first.

Unit 2Mar 13, 2017$390,000Unit 8Sep 15, 2016$350,000Unit 1Aug 1, 2014$410,000Unit 5Aug 17, 2012$388,000Unit 3Jun 7, 2012$359,500Unit 7Mar 21, 2011$362,500Unit 2Oct 13, 2009$360,000Unit 1Oct 18, 2006$410,000Unit 6Sep 29, 2006$405,000Unit 8Dec 6, 2005$430,000

Values are TopHap estimates, not appraisals. Sales, ownership and tax figures come from recorded county documents via ATTOM and can lag by several weeks.

Climate Risk

Overall riskThe average of the five hazard scores below, on a 0 to 100 scale. Higher means greater projected risk over the coming decades.11
1
FloodProjected flooding risk from rivers, heavy rain, and storm surge, scored 0 to 100. Higher is riskier.
12
WildfireProjected wildfire risk, scored 0 to 100, based on how much land burns in a typical year. Higher is riskier.
45
DroughtProjected water shortage risk, scored 0 to 100. Higher means more strain on the local water supply.
FEMA Flood ZoneFEMA's flood zone for this address. Zones starting with A or V are high risk, and lenders usually require flood insurance there.minimal

Scores 0–100; higher = greater projected risk.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Condominium
CountyWake
Lot (acres)The size of the land the home sits on, from county records.1.42
HeatingThe type of heating system in the home.Yes
FireplaceWhether the home has a fireplace, and what kind.Yes
PoolWhether the property has a pool, and what kind, such as in-ground.No

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

M
Oberlin Magnet Middle SchoolA-
Middle · Grades 6–8 · 0.7 mi
H
Broughton Magnet High SchoolA-
High · Grades 9–12 · 0.9 mi
E
Lacy Elementary SchoolA-
Elementary · Grades PK–5 · 1.5 mi

District: Wake County Schools

Neighborhood · ZIP 27608These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.93
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.78
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.44

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.94%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.48%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.4.4%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.2%
PopulationHow many people live in this area.11,694
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.3,641 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$147,769
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$195,952
Average tempThe average temperature here across a full year.60°F
Annual precipHow much rain and melted snow falls here in a typical year.47 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.58%

Ownership

OccupancyWhether the owner appears to live here or somewhere else. It is inferred from the mailing address on record.Absentee owner
Company ownedWhether the owner is a company or trust rather than a person.No

All UnitsEvery property record the county has at this street address, such as the units in a condo building. Prices shown are our estimates, not asking prices.

1612 Oberlin Rd
3 ba
$633K
1612 Oberlin Rd Apt 1
2 ba · 2,181 ft²
$717K
1612 Oberlin Rd Apt 2
2 ba · 2,181 ft²
$615K
1612 Oberlin Rd Apt 3
2 ba · 2,181 ft²
$717K
1612 Oberlin Rd Apt 4
2 ba · 2,181 ft²
$657K
1612 Oberlin Rd Apt 5
2 ba · 2,181 ft²
$717K
1612 Oberlin Rd
2 ba · 2,181 ft²
$736K
1612 Oberlin Rd Apt 7
2 ba · 2,181 ft²
$702K
1612 Oberlin Rd Apt 8
2 ba · 2,181 ft²
$591K

Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

About 1612 Oberlin Rd

How many units are in 1612 Oberlin Rd, Raleigh, NC?

1612 Oberlin Rd, Raleigh, NC has 8 residential units across built in 1985, according to county assessor records.

What is a unit at 1612 Oberlin Rd, Raleigh, NC worth?

The median TopHap Estimate across the 8 units at 1612 Oberlin Rd, Raleigh, NC is $709,227. That works out to $325 per square foot. Units run from 2,181 to 2,181 square feet. Estimates are modelled from recorded sales and assessments, not appraisals.

Is 1612 Oberlin Rd, Raleigh, NC expensive for Raleigh?

Units at 1612 Oberlin Rd, Raleigh, NC carry a median of $325 per square foot, 26% below the Raleigh median of $441 per square foot.

How often do units sell at 1612 Oberlin Rd, Raleigh, NC?

0 units at 1612 Oberlin Rd, Raleigh, NC sold in the last 12 months, out of 12 recorded arms-length sales all time. That is a turnover rate of 0.0% of the building per year.

Have units at 1612 Oberlin Rd, Raleigh, NC appreciated?

Across 4 repeat sales of the same unit, 1612 Oberlin Rd, Raleigh, NC returned a median 0.5% per year. Because each pair is the same unit bought and sold, the figure is not distorted by which units traded. The median owner held for 7.6 years.

What floor plans does 1612 Oberlin Rd, Raleigh, NC have?

The most common plan at 1612 Oberlin Rd, Raleigh, NC is a 0-bedroom of 2,181 square feet, repeated 8 times, with a median estimate of $709,227. TopHap identifies 1 recurring plans in the building.

Closest homes

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Assigned schools

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