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625 Locust Ln

Raleigh, NC 27603

3 bd 1 ba 1,140 sqft Built 1967 Lot 22,651 sqft single_family
Most recent sale
$340,000
May 16, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Nov 8, 2025 Listing removed $1,095 DoorifyMLS
May 16, 2022 Sold $340,000 Public Record
Apr 7, 2022 Listed $330,000 MLS #2440433
Feb 1, 2022 Sold $230,000 Public Record
Oct 9, 2021 Listed $244,900 MLS #2412763
Jul 18, 2020 Price changed for rent $1,265 DoorifyMLS
Jul 12, 2020 Price changed for rent $1,290 DoorifyMLS
Jun 22, 2020 Listed for rent $1,295 DoorifyMLS
Feb 8, 2018 Listing removed $1,100 DoorifyMLS
Nov 3, 2017 Price changed for rent $1,100 DoorifyMLS
Oct 25, 2017 Listed for rent $1,175 DoorifyMLS
Jun 30, 2016 Listing removed $1,095 Rently
Jun 29, 2016 Listing removed $1,095 DoorifyMLS
Jun 18, 2016 Listed for rent $1,095 Rently
Jun 18, 2016 Listing removed $1,095 AppfolioUnits
May 24, 2016 Listed for rent $1,095 DoorifyMLS
May 21, 2016 Listed for rent $1,095 AppfolioUnits
Jan 29, 2016 Sold $80,000 Public Record
Jan 4, 2016 Relisted $89,900 MLS #2040462
Dec 15, 2015 Listing removed $104,900 DoorifyMLS
Nov 30, 2015 Listed $104,900 MLS #2040462
Nov 28, 2015 Listing removed $104,900 DoorifyMLS
Nov 11, 2015 Price changed $104,900 MLS #2028923
Oct 15, 2015 Relisted $109,000 MLS #2028923
Oct 9, 2015 Listing removed $109,000 DoorifyMLS
Sep 9, 2015 Listed $109,000 MLS #2028923
May 15, 2015 Listing removed $109,000 DoorifyMLS
Mar 2, 2015 Listed $109,000 MLS #1992804
Mar 1, 2015 Listing removed $109,000 DoorifyMLS
Jan 27, 2015 Relisted $109,000 MLS #1979596
Jan 20, 2015 Listing removed $109,000 DoorifyMLS
Nov 20, 2014 Listed $109,000 MLS #1979596
Oct 1, 2012 Listing removed $76,000 DoorifyMLS
Jul 24, 2012 Price changed $76,000 MLS #1820221
May 24, 2012 Price changed $90,000 MLS #1820221
May 16, 2012 Listed $101,000 MLS #1820221
Feb 17, 1993 Sold $65,000 Public Record
Jan 1, 1977 Sold $31,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $269,584 $100,000 $369,584 $2,383
2024 $269,584 $100,000 $369,584 $2,315
2023 $134,085 $55,000 $189,085 $1,695
2022 $111,193 $55,000 $166,193 $1,385
2021 $111,193 $55,000 $166,193 $1,188
2020 $111,193 $55,000 $166,193 $1,168
2019 $88,300 $36,000 $124,300 $1,035
2018 $88,300 $36,000 $124,300 $953
2017 $88,300 $36,000 $124,300 $904
2016 $88,300 $36,000 $124,300 $886
2015 $87,992 $40,000 $127,992 $909
2014 $87,992 $40,000 $127,992 $862
2013 $87,992 $40,000 $127,992 $806
2012 $87,992 $40,000 $127,992 $806
2011 $87,992 $40,000 $127,992 $806
2010 $87,992 $40,000 $127,992 $806
2009 $87,992 $40,000 $127,992 $806
2007 $87,992 $40,000 $127,992 $775

Property facts

Year built
1967
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
1,140 sqft
Lot size
22,651 sqft
ZIP code
27603
City
Raleigh
Street
Locust Ln
Coordinates
35.70570, -78.64931

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,539
Gross rental yield
5.43%
Implied cap rate
3.53%
Trend-extrapolated value

Frequently asked questions

When did 625 Locust Ln last sell?
625 Locust Ln most recently sold on May 16, 2022 for $340,000.
What is the current tax assessment for 625 Locust Ln?
The most recent total assessment for 625 Locust Ln (year 2025) is $369,584 with $2,383 in property tax.
How does 625 Locust Ln's assessment compare to its last sale price?
The current assessment is 8.7% above the last sale price of $340,000.
When was 625 Locust Ln built?
625 Locust Ln was built in 1967.
How does 625 Locust Ln compare to others on Locust Ln?
We track 4 other properties on Locust Ln. Browse the list under "Other properties on Locust Ln" to compare beds, baths, and sale history.
What are the property facts for 625 Locust Ln?
625 Locust Ln is a 3 bed, 1 bath, 1,140 sqft, 22,651 sqft lot single_family.
Is 625 Locust Ln a flip candidate?
Yes — 625 Locust Ln appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 625 Locust Ln a tax-appeal candidate?
No — 625 Locust 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
-3.4%
Implied 1-yr
-13.5%
2026 Q3
$421.2K
2026 Q4
$403K
ZIP 27603 — Median Price History + Forecast

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