Back 71 Red Lane
Off Market

71 Red Lane

Raleigh NC 27606

3
4
3
1312 sq. ft.
871.2 sq. ft.
Townhouse
Last sold for $269,000
Ed KarazinEd Karazin, last sold this property on 21 August 2025 after 69 days on market.

Overview

Fantastic Deal! Location and Rare Find Near NC State! This 3 story town home is a wonderful Investment Property or it could be perfect for a parent wanting to have their child and a couple friends live with them! The first floor has the Family Room and a Huge Kitchen! Plus the laundry and a half bathroom. The 2nd floor has two large bedrooms - each with their own bathroom! The 3rd floor has 1 more bedroom and another full bathroom. This location is near PNC Arena, State Fairgrounds, NCSU, Shopping, Groceries and Downtown Raleigh! Currently 3 tenants paying a total of $1,932 per month until July 23rd.

Features

3 bedrooms
4 bathrooms
3 carspaces
1312 sq. ft. floor area
871.2 sq. ft. lot size
Townhouse

Estimated Value

Based on this property and similar 3 bedroom townhouses sold in Raleigh over the last 12 months, the estimated median property value of 71 Red Lane is $378.85k.

Median value
$378.85k
Estimated value range
$243k - $605k
Median days on market
33
Estimated value trend
-5%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Raleigh. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 71 Red Lane

2025
Sold
$269,000
21 Aug 2025 by Ed Karazin, of REMAX One Hundred | Durham
2020
Sold
$111,000
07 Jan 2020
2003
Sold
$111,000
16 Jun 2003 by Donna Preiss, of Preiss Company, The

Happy sellers in Raleigh

~%

We have insufficient information to provide an overview of customer satisfaction for Raleigh. Viewing the agent profiles, reviews and sales for Raleigh can provide insights for this location.

Local market activity for 3 bedroom townhouses in Raleigh

In the last 12 months, 60 three-bedroom townhouses similar to 71 Red Lane, have been sold.

This represents a 10% decrease in three-bedroom townhouses sales when compared to the previous 12 months.

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