NOT LISTED FOR SALE

1001 Enchanted Pine Ln Raleigh, NC 27614

Falls Lake Neighborhood

Estimated Value: $2,463,000 - $2,790,827

4 Beds
7 Baths
5,706 Sq Ft
$462/Sq Ft Est. Value

Last Sold March 05, 2024

Last sale price $2,275,000 $399 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $15,498/month

381 Days on Market

Highlights

  • Home Theater
  • New Construction
  • Transitional Architecture
  • Brassfield Elementary School Rated A-
  • Great Room with Fireplace
  • Wood Flooring

About This Home

As of March 2024

Extraordinary Custom Design By Homestead Building Company Located in Avalaire! One of the Last Opportunities to be in the Most Successful Selling Luxury Community. Fresh Modern Design with Unique Architectural Elements, Open Plan with Plenty of Room For Entertaining. Chef's Kitchen with Large Island flows into the Ultimate Great Room with linear FP, 10ft bifold doors open to covered porch with Phantom Screens. Thermador Appliance Pkg, Additional Sculley/Pantry, Informal Dining. Exercise Room. Owner's retreat with Luxury Spa Bath, double vanities, free standing tub. Second Floor offers 3 Bedrooms with private baths, Large Recreation Room, Media Room/Game Room with Wet Bar. Plenty of Storage! 3-car Garage, Mud Room. Room for a pool! Move-in Ready!!

Last Agent to Sell the Property

Leslie Young

Coldwell Banker HPW License #191462 Listed on: 01/03/2023

Coldwell Banker HPW

Co-Listed By

John Young

Coldwell Banker HPW License #166206

Last Buyer's Agent

Natalie Shaw

Inhabit Real Estate License #276703

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,947

Year Built

  • Built in 2023 | New Construction

Lot Details

  • 1.31 Acre Lot
  • Irrigation Equipment
  • Landscaped with Trees

HOA Fees

  • $217 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Side Facing Garage
  • Circular Driveway

Home Design

  • Transitional Architecture
  • Brick Exterior Construction
  • Frame Construction
  • Stone

Interior Spaces

  • 5,706 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Smooth Ceilings
  • High Ceiling
  • Gas Log Fireplace
  • Insulated Windows
  • Entrance Foyer
  • Great Room with Fireplace
  • 2 Fireplaces
  • Family Room
  • Dining Room
  • Home Theater
  • Home Office
  • Loft
  • Screened Porch
  • Storage
  • Utility Room
  • Home Gym
  • Unfinished Attic
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Butlers Pantry
  • Gas Range
  • Range Hood
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Quartz Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Double Vanity
  • Private Water Closet
  • Bathtub with Shower
  • Shower Only in Primary Bathroom
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on main level

Eco-Friendly Details

  • Energy-Efficient Thermostat

Outdoor Features

  • Outdoor Fireplace
  • Rain Gutters

Schools

  • Brassfield Elementary School
  • West Millbrook Middle School
  • Millbrook High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Tankless Water Heater
  • Septic Tank
  • Cable TV Available

Community Details

  • Association fees include storm water maintenance
  • Charleston Management Association, Phone Number (919) 847-3003
  • Built by Homestead Building Company
  • Avalaire Subdivision, Carmel Plan

Listing and Financial Details

  • Assessor Parcel Number 1708982608

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,947

Year Built

Built in 2023 | New Construction

Lot Details

0

HOA Fees

$217 per month

Parking

3

Listing Details

  • Builder Name: Homestead Building Company
  • Building Name: Homestead Building Company
  • Builder Model: Carmel Plan
  • Year Built: 2023
  • Prop. Type: Residential
  • Reso Association Fee Includes: Storm Water Maintenance
  • Co List Office Mls Id: 3198
  • Co List Office Phone: 919-876-8824
  • Subdivision Name: Avalaire
  • Above Grade Finished Sq Ft: 5706.0
  • Architectural Style: Transitional
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: Yes
  • Efficiency: Thermostat
  • Effective Year Built: 2023
  • General Property Information Lot Size Dimensions: see recorded plat
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: Yes
  • Appliances Microwave: Yes
  • Architectural Style Transitional: Yes
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Interior Features BathtubShower Combination: Yes
  • Interior Features Water Closet: Yes
  • Laundry Features Laundry Room: Yes
  • Laundry Features Main Level: Yes
  • Security Features Smoke Detector(s): Yes
  • Structure Type Site Built: Yes
  • Contract Information Estimated Completion Date: 2023-10-01
  • Cooling Zoned: Yes
  • Flooring Carpet: Yes
  • Flooring Hardwood: Yes
  • Interior Features Separate Shower: Yes
  • Interior Features Smooth Ceilings: Yes
  • Levels Two: Yes
  • Lot Features Hardwood Trees: Yes
  • Property Condition Framed: Yes
  • Room Types Bedroom 2 Level: Second
  • Room Types Bedroom 3 Level: Second
  • Room Types Bedroom 4 Level: Second
  • Room Types Dining Room2: Yes
  • Room Types Family Room2: Yes
  • Room Types Office: Yes
  • Room Types Primary Bedroom Level: Main
  • Room Types Loft: Yes
  • Room Types Utility Room: Yes
  • Appliances Refrigerators: Yes
  • Interior Features Bathtub Only: Yes
  • Interior Features Shower Only: Yes
  • Utilities Cable Available: Yes
  • General Property Information Association Phone: 919-847-3003
  • General Property Information Association Name 2: Charleston Management
  • Attic Features Unfinished2: Yes
  • Water Source Community Water: Yes
  • General Property Information Enhanced Accessible2: No
  • Other Equipment Irrigation Equipment: Yes
  • Room Types Media Room: Yes
  • Room Types Exercise Room: Yes
  • General Property Information Monthly Association Fees2: 650.0
  • Room Types Entrance Hall: Yes
  • General Property Information Above Grade Finished Area: 5706.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 57063.6
  • General Property Information Building Name: Homestead Building Company
  • General Property Information Lot Size Acres: 1.31
  • General Property Information Builder Name: Homestead Building Company
  • General Property Information Builder Model: Carmel Plan
  • Special Features: 4098
  • Property Sub Type: Detached
  • Year Renovated: 2023

Interior Features

  • Flooring: Carpet, Hardwood, Tile
  • Interior Amenities: Bathtub Only, Bathtub/Shower Combination, Butler's Pantry, Double Vanity, Eat-in Kitchen, Entrance Foyer, High Ceilings, Pantry, Primary Downstairs, Quartz Counters, Separate Shower, Shower Only, Smooth Ceilings, Storage, Walk-In Closet(s), Walk-In Shower, Water Closet, Wet Bar
  • Appliances: Dishwasher, Gas Range, Microwave, Plumbed For Ice Maker, Range Hood, Refrigerator, Tankless Water Heater
  • Basement YN: No
  • Full Bathrooms: 5
  • Half Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Gas Log, Great Room, Outside
  • Fireplaces: 2
  • Total Bedrooms: 15
  • Appliances Dishwasher: Yes
  • Appliances:Plumbed For Ice Maker: Yes
  • Appliances:Range Hood: Yes
  • Appliances:Tankless Water Heater: Yes
  • Interior Features:Double Vanity: Yes
  • Interior Features:Entrance Foyer: Yes
  • Interior Features:High Ceilings: Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Primary Downstairs: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Walk-In Shower: Yes
  • Community Features:Street Lights: Yes
  • Fireplace Features:Outside: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Interior Features:Quartz Counters: Yes
  • Interior Features:Storage3: Yes
  • Fireplace Features:Gas Log: Yes
  • Interior Features:Wet Bar: Yes
  • Appliances:Gas Range: Yes
  • Attic Features:Walk-In Attic: Yes
  • Fireplace Features:Great Room: Yes
  • Interior Features:Butler_squote_s Pantry: Yes
  • Fireplace Features:Fireplaces Total: 2

Exterior Features

  • Exterior Features: Rain Gutters
  • Acres: 1.31
  • Construction Type: Brick, Fiber Cement, Stone
  • Patio And Porch Features: Covered, Porch, Screened
  • Construction Materials:Fiber Cement: Yes
  • Exterior Features:Rain Gutters: Yes
  • Lot Features:Landscaped: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Screened: Yes
  • Patio And Porch Features:Covered2: Yes
  • Construction Materials:Stone: Yes
  • Window Features:Insulated Windows: Yes
  • Construction Materials:Brick: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Open Parking: No
  • Parking Features: Circular Driveway, Concrete, Driveway, Garage, Garage Faces Side
  • Total Parking Spaces: 3.0
  • Parking Features:Garage: Yes
  • Parking Features:Concrete4: Yes
  • Parking Features:Driveway: Yes
  • Parking Features:Garage Faces Side: Yes
  • Parking Features:Circular Driveway: Yes
  • General Property Information:Garage Spaces: 3.0
  • General Property Information:Attached Garage YN: Yes
  • General Property Information:Parking Total: 3.0
  • General Property Information:Open Parking YN2: No

Utilities

  • Utilities: Cable Available
  • Heating: Forced Air, Natural Gas, Zoned
  • Cooling: Central Air, Zoned
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Community Water
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes
  • Heating:Zoned2: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Community Features: Street Lights
  • Association Fee: 650.0
  • Association Fee Frequency: Quarterly
  • Association: Charleston Management
  • Association Name: Charleston Management
  • Phone: 919-847-3003
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: Charleston Management
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 650.0
  • General Property Information:Association Fee Frequency: Quarterly

Schools

  • Ninth Grade High School: Wake - Millbrook
  • Middle Or Junior School: Wake - West Millbrook

Lot Info

  • Lot Dimensions: see recorded plat
  • Lot Size Sq Ft: 57063.6
  • ResoLotSizeUnits: Acres
  • Parcel #: 1708982608
  • ResoLotSizeUnits: Acres

Green Features

  • Green Energy Efficient:Thermostat: Yes

Tax Info

  • Tax Annual Amount: 2947.27
  • Tax Year: 2023

MLS Schools

  • Elementary School: Wake - Brassfield

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 3, 2023
Closed on
Feb 24, 2024
Sold by
Homestead Building Company
Bought by
Patel Bhavesh and Patel Nirali
Seller's Agent
Leslie Young
Coldwell Banker HPW
Buyer's Agent
Natalie Shaw
Inhabit Real Estate
List Price
$2,395,000
Sold Price
$2,275,000
Premium/Discount to List
-$120,000
-5.01%
Views
522
Current Estimated Value
$2,636,457

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$361,457
Avg. Annual Appreciation
10.05%
Original Mortgage
$1,900,000
Outstanding Balance
$1,863,675
Interest Rate
5.88%
Mortgage Type
New Conventional
Estimated Equity
$772,782

Purchase Details

Closed on
Aug 4, 2021
Sold by
Blue Heron Signature Homes Llc
Bought by
Homestead Building Company

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,625
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Patel Bhavesh $2,275,000 None Listed On Document
Homestead Building Company $375,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patel Bhavesh $1,900,000
Previous Owner Homestead Building Company $290,625
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/05/2024 03/05/24 Sold $2,275,000 0.0% $399 / Sq Ft
01/19/2024 01/19/24 Pending -- -- --
01/12/2024 01/12/24 Price Changed $2,275,000 -5.0% $399 / Sq Ft
12/15/2023 12/15/23 For Sale $2,395,000 0.0% $420 / Sq Ft
12/14/2023 12/14/23 Off Market $2,395,000 -- --
10/29/2023 10/29/23 Price Changed $2,395,000 -4.2% $420 / Sq Ft
01/03/2023 01/03/23 For Sale $2,500,000 -- $438 / Sq Ft
Source: Doorify MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $14,807 $2,311,862 $650,038 $1,661,824
2024 $14,377 $2,311,862 $650,038 $1,661,824
2023 $2,947 $973,400 $378,000 $595,400
2022 $2,870 $394,681 $378,000 $16,681
2021 $801 $394,681 $378,000 $16,681
2020 $788 $394,681 $378,000 $16,681
2019 $2,896 $352,116 $340,000 $12,116
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2488871

Doorify MLS

APN: 1708.02-98-2608-000