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2515 Happy Ln

Raleigh, NC 27614

4 bd 3 ba 2,433 sqft Built 2004 Lot 2,614 sqft townhomes
Most recent sale
$520,000
Aug 22, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 22, 2022 Sold $520,000 MLS #2457473
Jun 22, 2022 Listed $499,000 MLS #2457473
Apr 9, 2012 Listing removed $270,000 DoorifyMLS
Sep 9, 2011 Price changed $270,000 MLS #1795259
Jul 26, 2011 Listed $250,000 MLS #1795259
Sep 16, 2005 Sold $262,500 Public Record
Oct 1, 2003 Sold $1,522,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $445,299 $90,000 $535,299 $4,688
2024 $445,299 $90,000 $535,299 $4,669
2023 $284,516 $65,000 $349,516 $3,829
2022 $263,155 $65,000 $328,155 $3,342
2021 $263,155 $65,000 $328,155 $3,213
2020 $263,155 $65,000 $328,155 $3,155
2019 $217,131 $65,000 $282,131 $3,290
2018 $217,131 $65,000 $282,131 $3,103
2017 $217,131 $65,000 $282,131 $2,955
2016 $217,131 $65,000 $282,131 $2,894
2015 $240,909 $60,000 $300,909 $3,136
2014 $240,909 $60,000 $300,909 $2,974
2013 $240,909 $60,000 $300,909 $2,778
2012 $240,909 $60,000 $300,909 $2,778
2011 $240,909 $60,000 $300,909 $2,751
2010 $240,909 $60,000 $300,909 $2,751
2009 $240,909 $60,000 $300,909 $2,751
2007 $240,909 $60,000 $300,909 $2,116

Property facts

Year built
2004
Property type
townhomes
Stories
2
Beds
4
Baths
3
Living area
2,433 sqft
Lot size
2,614 sqft
ZIP code
27614
City
Raleigh
Street
Happy Ln
Coordinates
35.92827, -78.56376

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,285
Gross rental yield
7.58%
Implied cap rate
4.93%
Trend-extrapolated value

Frequently asked questions

When did 2515 Happy Ln last sell?
2515 Happy Ln most recently sold on Aug 22, 2022 for $520,000.
What is the current tax assessment for 2515 Happy Ln?
The most recent total assessment for 2515 Happy Ln (year 2025) is $535,299 with $4,688 in property tax.
How does 2515 Happy Ln's assessment compare to its last sale price?
The current assessment is 2.9% above the last sale price of $520,000.
When was 2515 Happy Ln built?
2515 Happy Ln was built in 2004.
How does 2515 Happy Ln compare to others on Happy Ln?
We track 6 other properties on Happy Ln. Browse the list under "Other properties on Happy Ln" to compare beds, baths, and sale history.
What are the property facts for 2515 Happy Ln?
2515 Happy Ln is a 4 bed, 3 bath, 2,433 sqft, 2,614 sqft lot townhomes.
Is 2515 Happy Ln a flip candidate?
No — 2515 Happy Ln does not appear in our flips dataset.
Is 2515 Happy Ln a tax-appeal candidate?
No — 2515 Happy Ln is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-2.4%
Implied 1-yr
-9.6%
2026 Q3
$1.1M
2026 Q4
$1.1M
ZIP 27614 — Median Price History + Forecast

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