NOT LISTED FOR SALE

1026 Virginia Water Dr Rolesville, NC 27571

Estimated Value: $516,000 - $610,000

5 Beds
4 Baths
3,337 Sq Ft
$169/Sq Ft Est. Value

Last Sold November 04, 2022

Last sale price $490,000 $147 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $3,581/month

104 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Home fronts a pond
  • Traditional Architecture
  • 50 Feet of Waterfront
  • Deck
  • Wood Flooring

About This Home

As of November 2022

Wow, Ready for you! This home HAS IT ALL- Enjoy beautiful pond view from deck + rocking chair front porch. Awesome Floorplan & On The Pond! Boasting 5BR, 4 Full Bath, OPEN living with Large Family Room open to kitchen w/ Gas cooktop, 42' cabinets, granite , stainless, Island, Pantry. 1st Floor Bdrm / Full Bath, front flex rm, Huge bonus up, Large Mstr w/ prvt bath, walk in closets, 2 car garage, open corner lot with space next to it. Sellers MOTIVATED, they found their next home and THIS HOME IS READY FOR YOU!

Last Agent to Sell the Property

Alan Hillman

Long & Foster Real Estate INC/Raleigh License #277581 Listed on: 06/20/2022

Long & Foster Real Estate INC/Raleigh

Last Buyer's Agent

Valeriu Dolganiuc

Choice Residential Real Estate License #315467

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,157

Year Built

  • Built in 2007

Lot Details

  • 0.35 Acre Lot
  • Lot Dimensions are 64 x 86 x 19 x 100 x 69 x 159
  • Home fronts a pond
  • 50 Feet of Waterfront
  • Landscaped
  • Corner Lot

HOA Fees

  • $75 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Garage Door Opener
  • Private Driveway

Home Design

  • Traditional Architecture
  • Brick or Stone Mason
  • Vinyl Siding
  • Stone

Interior Spaces

  • 3,337 Sq Ft Home
  • 2-Story Property
  • Bookcases
  • Tray Ceiling
  • Smooth Ceilings
  • High Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Insulated Windows
  • Entrance Foyer
  • Family Room with Fireplace
  • Living Room
  • Dining Room
  • Bonus Room
  • Utility Room
  • Crawl Space
  • Pull Down Stairs to Attic
  • Fire and Smoke Detector

Kitchen

  • Built-In Self-Cleaning Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • 4 Full Bathrooms
  • Separate Shower in Primary Bathroom
  • Soaking Tub
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Laundry on upper level
  • Gas Dryer Hookup

Outdoor Features

  • Deeded Waterfront Access Rights
  • Deck
  • Covered Patio or Porch
  • Rain Gutters

Schools

  • Rolesville Elementary And Middle School
  • Rolesville High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Gas
  • Heating System Uses Natural Gas
  • Heat Pump System
  • Gas Water Heater

Community Details

Overview

  • Elite Management Association
  • Cedar Lakes Subdivision

Recreation

  • Community Playground
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,157

Year Built

Built in 2007

Lot Details

0

HOA Fees

$75 per month

Parking

2

Listing Details

  • Year Built: 2007
  • Prop. Type: Residential
  • Subdivision Name: Cedar Lakes
  • Above Grade Finished Sq Ft: 3337.0
  • Architectural Style: Traditional
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Contract Information Ownership Type: Other
  • General Property Information Lot Size Dimensions: 64 x 86 x 19 x 100 x 69 x 159
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: Yes
  • Appliances Microwave: Yes
  • Wall Oven: Yes
  • Attic Features Pull-Down Stairs: Yes
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Interior Features BathtubShower Combination: Yes
  • Laundry Features Laundry Room: Yes
  • Security Features Smoke Detector(s): Yes
  • Sewer:Public Sewer: Yes
  • Structure Type Site Built: Yes
  • Water Source Public: Yes
  • Cooling Zoned: Yes
  • Flooring Carpet: Yes
  • Flooring Hardwood: Yes
  • Interior Features Separate Shower: Yes
  • Interior Features Smooth Ceilings: Yes
  • Levels Two: Yes
  • Room Types Bedroom 2 Level: M
  • Room Types Bedroom 3 Level: 2
  • Room Types Bedroom 4 Level: 2
  • Room Types Bonus Room: Yes
  • Room Types Dining Room2: Yes
  • Room Types Family Room2: Yes
  • Architectural Style Traditional: Yes
  • Room Types Primary Bedroom Level: 2
  • Laundry Features Upper Level: Yes
  • Room Types Bedroom 5 Level: 2
  • Room Types Utility Room: Yes
  • Room Types Living Room2: Yes
  • Pool Features Swimming Pool ComFee: Yes
  • Heating Gas Pack2: Yes
  • General Property Information Water Frontage Length2: 50.0
  • Waterfront Access Deeded Access: Yes
  • Lot Water Features Waterfront3: Yes
  • General Property Information Above Grade Finished Area: 3337.0
  • General Property Information Carport YN: No
  • Laundry Features Gas Dryer Hookup: Yes
  • General Property Information Lot Size Square Feet2: 15246.0
  • General Property Information Lot Size Acres: 0.35
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Hardwood, Tile
  • Interior Amenities: Bathtub/Shower Combination, Bookcases, Ceiling Fan(s), Entrance Foyer, Granite Counters, High Ceilings, Pantry, Separate Shower, Smooth Ceilings, Soaking Tub, Tray Ceiling(s), Walk-In Closet(s)
  • Basement: Crawl Space
  • Appliances: Dishwasher, Gas Cooktop, Gas Water Heater, Microwave, Range Hood, Self Cleaning Oven, Wall Oven
  • Basement YN: No
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Fireplace Features: Family Room, Gas, Gas Log, Sealed Combustion
  • Fireplaces: 1
  • Total Bedrooms: 10
  • Appliances Dishwasher: Yes
  • Appliances:Gas Cooktop: Yes
  • Appliances:Range Hood: Yes
  • Community Features:Playground2: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Interior Features:Entrance Foyer: Yes
  • Interior Features:Granite Counters: Yes
  • Interior Features:High Ceilings: Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Basement:Crawl Space: Yes
  • Fireplace Features:Family Room: Yes
  • Fireplace Features:Sealed Combustion: Yes
  • Interior Features:Tray Ceiling(s): Yes
  • Fireplace Features:Gas Log: Yes
  • Appliances:Gas Water Heater: Yes
  • Interior Features:Soaking Tub: Yes
  • Appliances:Self Cleaning Oven: Yes
  • Fireplace Features:Gas4: Yes
  • Interior Features:Bookcases: Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Water Body Name: Cedar Lake
  • Exterior Features: Rain Gutters
  • Acres: 0.35
  • Waterfront Features: Pond
  • Waterfront: Yes
  • Construction Type: Stone, Vinyl Siding
  • Patio And Porch Features: Covered, Deck, Porch
  • Exterior Features:Rain Gutters: Yes
  • Lot Features:Landscaped: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Covered2: Yes
  • Construction Materials:Vinyl Siding: Yes
  • Construction Materials:Stone: Yes
  • Patio And Porch Features:Deck2: Yes
  • Window Features:Insulated Windows: Yes
  • Lot Features:Corner Lot: Yes
  • Waterfront Features:Pond2: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Concrete, Driveway, Garage, Garage Door Opener, Garage Faces Front
  • Parking Features:Attached: Yes
  • Parking Features:Garage: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Concrete4: Yes
  • Parking Features:Driveway: Yes
  • Parking Features:Garage Faces Front: Yes
  • General Property Information:Garage Spaces: 2.0

Utilities

  • Heating: Forced Air, Gas Pack, Natural Gas, Zoned
  • Cooling: Central Air, Heat Pump, Zoned
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes
  • Heating:Zoned2: Yes
  • HeatingCooling:Heat Pump: Yes

Condo/Co-op/Association

  • Community Features: Playground
  • Association Fee: 75.0
  • Association Fee Frequency: Monthly
  • Association Name: Elite Management
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: Elite Management
  • Association Amenities:Pool: Yes
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 75.0
  • General Property Information:Association Fee Frequency: Monthly

Schools

  • Ninth Grade High School: Wake - Rolesville
  • Middle Or Junior School: Wake - Rolesville

Lot Info

  • Lot Dimensions: 64 x 86 x 19 x 100 x 69 x 159
  • Lot Size Sq Ft: 15246.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4157.0
  • Tax Year: 2021

MLS Schools

  • Elementary School: Wake - Rolesville

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 20, 2022
Closed on
Nov 1, 2022
Sold by
Reynolds Jason Ray
Bought by
Grigoras Gheorghe and Grigoras Bcaterina
Seller's Agent
Alan Hillman
Long & Foster Real Estate INC/Raleigh
Buyer's Agent
Valeriu Dolganiuc
Choice Residential Real Estate
List Price
$595,900
Sold Price
$490,000
Premium/Discount to List
-$105,900
-17.77%
Current Estimated Value
$564,741

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$74,741
Avg. Annual Appreciation
5.25%
Original Mortgage
$398,860
Outstanding Balance
$387,976
Interest Rate
6.7%
Mortgage Type
FHA
Estimated Equity
$177,797

Purchase Details

Closed on
Apr 10, 2020
Sold by
Heath David L and Heath Mary Ann
Bought by
Reynolds Jason R and Reynolds Alyssa Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$365,290
Interest Rate
3.6%
Mortgage Type
VA

Purchase Details

Closed on
Jul 6, 2011
Sold by
Federal National Mortgage Association
Bought by
Heath David L and Heath Mary Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,652
Interest Rate
4.53%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 25, 2011
Sold by
Lee Xavier O and Lee Chrystal D
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jun 1, 2006
Sold by
Lennar Carolinas Llc
Bought by
Lee Xavier O and Lee Chrystal D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,950
Interest Rate
6.1%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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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
Grigoras Gheorghe $490,000 --
Reynolds Jason R $365,500 None Available
Heath David L -- None Available
Federal National Mortgage Association $276,929 None Available
Lee Xavier O $341,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grigoras Gheorghe $398,860
Previous Owner Reynolds Jason R $365,290
Previous Owner Heath David L $232,800
Previous Owner Heath David L $245,652
Previous Owner Lee Xavier O $340,950
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2023 12/15/23 Off Market $490,000 -- --
11/04/2022 11/04/22 Sold $490,000 -2.0% $147 / Sq Ft
10/02/2022 10/02/22 Pending -- -- --
09/23/2022 09/23/22 Price Changed $499,900 -2.9% $150 / Sq Ft
09/08/2022 09/08/22 Price Changed $514,900 -1.9% $154 / Sq Ft
08/19/2022 08/19/22 Price Changed $524,900 -1.9% $157 / Sq Ft
08/12/2022 08/12/22 Price Changed $534,900 -2.7% $160 / Sq Ft
08/05/2022 08/05/22 Price Changed $549,900 -1.8% $165 / Sq Ft
07/28/2022 07/28/22 Price Changed $559,900 -2.6% $168 / Sq Ft
07/22/2022 07/22/22 Price Changed $574,900 -1.5% $172 / Sq Ft
07/08/2022 07/08/22 Price Changed $583,500 -0.2% $175 / Sq Ft
06/25/2022 06/25/22 Price Changed $584,900 -1.8% $175 / Sq Ft
06/20/2022 06/20/22 For Sale $595,900 -- $179 / 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
2024 $5,148 $528,497 $80,000 $448,497
2023 $4,009 $357,107 $50,000 $307,107
2022 $3,964 $365,392 $50,000 $315,392
2021 $3,893 $365,392 $50,000 $315,392
2020 $3,893 $365,392 $50,000 $315,392
2019 $3,845 $296,567 $48,000 $248,567
2018 $3,384 $296,567 $48,000 $248,567
2017 $3,267 $296,567 $48,000 $248,567
2016 $3,224 $296,567 $48,000 $248,567
2015 $3,569 $336,574 $54,000 $282,574
2014 $3,446 $336,574 $54,000 $282,574
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2457124

Doorify MLS

APN: 1768.05-17-7939-000