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    Property profile & analytics

    1008 Carlton Ave Raleigh, NC 27606-5079

    • Garden apartment buildings
    • 2,460 SF
    • 0.25 lot acres
    OFF-MARKET
    Value Estimation
    $395,000
    Last Sale
    Jan 06, 2022
    Location Intelligence
    Property ID
    US53-1126094
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Garden apartment buildings

    Property Details for 1008 Carlton Ave

    Year built
    1985
    Construction
    FRAME
    Lot size
    0.25 lot acres
    Property size
    2,460 SF
    Zone code
    RX-3
    Property type
    Garden apartment buildings
    APN
    0794.17-20-3460 0050548
    APU
    794172034600050548

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Raleigh
    County
    Wake
    State
    North Carolina
    Longitude
    -78.6886
    Latitude
    35.784
    CBSA code
    39580
    CBSA name
    RALEIGH-CARY, NC METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $5,601
    $210,000
    $290,997
    $500,997
    -
    $210,000
    $290,997
    $500,997

    Comparable in this City

    • Value Estimation by Request
      12,240 SF

      1107 Carlton Ave

      GARDEN APT, COURT APT (5+ UNITS) • 12,240 SF
      1107 Carlton Ave, Raleigh, NC 27606
      View Details
    • Value Estimation by Request
      4,992 SF

      4761 Blue Bird Ct

      GARDEN APT, COURT APT (5+ UNITS) • 4,992 SF
      4761 Blue Bird Ct, Raleigh, NC 27606-1773
      View Details
    • Value Estimation by Request
      8,208 SF

      2700 Brigadoon Dr

      GARDEN APT, COURT APT (5+ UNITS) • 8,208 SF
      2700 Brigadoon Dr, Raleigh, NC 27606-5196
      View Details
    • Value Estimation by Request
      5,520 SF

      1005 Carlton Ave

      GARDEN APT, COURT APT (5+ UNITS) • 5,520 SF
      1005 Carlton Ave, Raleigh, NC 27606-1965
      View Details
    • Value Estimation by Request
      8,996 SF

      3137 Aileen Dr

      GARDEN APT, COURT APT (5+ UNITS) • 8,996 SF
      3137 Aileen Dr, Raleigh, NC 27606-3690
      View Details
    • Value Estimation by Request
      21,464 SF

      1210 Winding Arbor Trl

      GARDEN APT, COURT APT (5+ UNITS) • 21,464 SF
      1210 Winding Arbor Trl, Raleigh, NC 27606-4362
      View Details

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    1008 Carlton Ave
    Raleigh, NC 27606-5079
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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