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407 Oak Run Dr

Raleigh, NC 27606

2 bd 3 ba 1,250 sqft Built 1987 Lot 1,307 sqft townhomes
Most recent sale
$270,000
Jul 22, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 22, 2022 Sold $270,000 MLS #2452770
Jun 2, 2022 Listed $285,000 MLS #2452770
Feb 25, 2019 Sold $85,000 Public Record
Jan 13, 1995 Sold $83,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $204,772 $55,000 $259,772 $2,285
2024 $204,772 $55,000 $259,772 $2,276
2023 $105,516 $34,000 $139,516 $1,540
2022 $105,516 $34,000 $139,516 $1,432
2021 $105,516 $34,000 $139,516 $1,377
2020 $105,516 $34,000 $139,516 $1,353
2019 $87,344 $33,000 $120,344 $1,415
2018 $87,344 $33,000 $120,344 $1,335
2017 $87,344 $33,000 $120,344 $1,272
2016 $87,344 $33,000 $120,344 $1,246
2015 $85,570 $31,000 $116,570 $1,227
2014 $85,570 $31,000 $116,570 $1,164
2013 $85,570 $31,000 $116,570 $1,088
2012 $85,570 $31,000 $116,570 $1,088
2011 $85,570 $31,000 $116,570 $1,078
2010 $85,570 $31,000 $116,570 $1,078
2009 $85,570 $31,000 $116,570 $1,078
2007 $85,570 $31,000 $116,570 $1,145

Property facts

Year built
1987
Property type
townhomes
Stories
2
Beds
2
Baths
3
Living area
1,250 sqft
Lot size
1,307 sqft
ZIP code
27606
City
Raleigh
Street
Oak Run Dr
Coordinates
35.78031, -78.73364

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
$1,688
Gross rental yield
7.50%
Implied cap rate
4.88%
Trend-extrapolated value

Frequently asked questions

When did 407 Oak Run Dr last sell?
407 Oak Run Dr most recently sold on Jul 22, 2022 for $270,000.
What is the current tax assessment for 407 Oak Run Dr?
The most recent total assessment for 407 Oak Run Dr (year 2025) is $259,772 with $2,285 in property tax.
How does 407 Oak Run Dr's assessment compare to its last sale price?
The current assessment is 3.8% below the last sale price of $270,000.
When was 407 Oak Run Dr built?
407 Oak Run Dr was built in 1987.
How does 407 Oak Run Dr compare to others on Oak Run Dr?
We track 7 other properties on Oak Run Dr. Browse the list under "Other properties on Oak Run Dr" to compare beds, baths, and sale history.
What are the property facts for 407 Oak Run Dr?
407 Oak Run Dr is a 2 bed, 3 bath, 1,250 sqft, 1,307 sqft lot townhomes.
Is 407 Oak Run Dr a flip candidate?
No — 407 Oak Run Dr does not appear in our flips dataset.
Is 407 Oak Run Dr a tax-appeal candidate?
No — 407 Oak Run Dr 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
-2.1%
Implied 1-yr
-8.3%
2026 Q3
$529.6K
2026 Q4
$516.9K
ZIP 27606 — Median Price History + Forecast

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