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6401 Margate Ct

Raleigh, NC 27612

4 bd 4 ba 3,591 sqft Built 1982 Lot 26,572 sqft single_family
Most recent sale
$904,500
Jun 1, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 1, 2022 Sold $904,500 Public Record
Apr 28, 2022 Listed $759,900 MLS #2443420
Jul 28, 2006 Sold $385,900 DoorifyMLS
Jun 30, 2006 Sold $386,000 Public Record
Mar 17, 2000 Sold $277,000 Public Record
Apr 3, 1998 Sold $231,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $509,359 $275,000 $784,359 $6,860
2024 $500,774 $275,000 $775,774 $6,757
2023 $279,576 $130,000 $409,576 $4,484
2022 $279,576 $130,000 $409,576 $4,166
2021 $279,576 $130,000 $409,576 $4,005
2020 $279,576 $130,000 $409,576 $3,932
2019 $240,080 $148,000 $388,080 $4,517
2018 $240,080 $148,000 $388,080 $4,260
2017 $240,080 $148,000 $388,080 $4,057
2016 $240,080 $148,000 $388,080 $3,974
2015 $243,877 $148,000 $391,877 $4,078
2014 $243,877 $148,000 $391,877 $3,867
2013 $243,877 $148,000 $391,877 $3,612
2012 $243,877 $148,000 $391,877 $3,612
2011 $243,877 $148,000 $391,877 $3,576
2010 $243,877 $148,000 $391,877 $3,576
2009 $243,877 $148,000 $391,877 $3,576
2007 $274,203 $186,000 $460,203 $2,814

Property facts

Year built
1982
Property type
single_family
Stories
2
Beds
4
Baths
4
Living area
3,591 sqft
Lot size
26,572 sqft
ZIP code
27612
City
Raleigh
Street
Margate Ct
Coordinates
35.86966, -78.68951

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$4,848
Gross rental yield
6.43%
Implied cap rate
4.18%
Trend-extrapolated value

Frequently asked questions

When did 6401 Margate Ct last sell?
6401 Margate Ct most recently sold on Jun 1, 2022 for $904,500.
What is the current tax assessment for 6401 Margate Ct?
The most recent total assessment for 6401 Margate Ct (year 2025) is $784,359 with $6,860 in property tax.
How does 6401 Margate Ct's assessment compare to its last sale price?
The current assessment is 13.3% below the last sale price of $904,500.
When was 6401 Margate Ct built?
6401 Margate Ct was built in 1982.
How does 6401 Margate Ct compare to others on Margate Ct?
We do not currently track other properties on Margate Ct.
What are the property facts for 6401 Margate Ct?
6401 Margate Ct is a 4 bed, 4 bath, 3,591 sqft, 26,572 sqft lot single_family.
Is 6401 Margate Ct a flip candidate?
No — 6401 Margate Ct does not appear in our flips dataset.
Is 6401 Margate Ct a tax-appeal candidate?
No — 6401 Margate Ct 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
-1.8%
Implied 1-yr
-7.0%
2026 Q3
$620.4K
2026 Q4
$612.4K
ZIP 27612 — Median Price History + Forecast

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