NOT LISTED FOR SALE

Estimated Value: $1,387,000 - $1,416,000

5 Beds
4.5 Baths
4,360 Sq Ft
$322/Sq Ft Est. Value

Last Sold June 18, 2024

Last sale price $1,370,000 $314 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $8,809/month

37 Days on Market

Highlights

  • Deck
  • Traditional Architecture
  • Attic
  • Green Hope Elementary Rated A
  • Wood Flooring
  • Corner Lot

About This Home

As of June 2024

Welcome to your dream home! Located in prestigious Preston Village, this amazing residence exudes luxury and comfort at every turn.
As you enter, you're immediately drawn to the heart of the home - the luxury kitchen. Adorned with top-of-the-line appliances, custom cabinetry, and exquisite countertops, this culinary haven is sure to inspire your inner chef. Whether you're whipping up a quick breakfast or hosting a lavish dinner party, this kitchen is equipped for it all.
The home boasts 5 spacious bedrooms, each offering a tranquil retreat for rest and relaxation. With 4 1/2 bathrooms, mornings are a breeze as everyone gets ready for the day ahead. Plus, there are 2 bonus rooms that can be customized to suit your lifestyle - whether you crave a home office, a playroom for the kids, or a cozy media room.
But the luxury doesn't stop indoors. Step outside and discover your own private oasis, perfect for outdoor living. Enjoy lazy afternoons on the screened porch, relax on the patio, or soak up the sun on the Trex deck. And for those who love to entertain, the outdoor kitchen is a true delight, complete with all the amenities you need to impress your guests.
With 2 garages, there's ample space for parking, with room for 6 cars indoors and 6 more in the driveway. But here's where it gets exciting - the second garage offers endless possibilities. Easily convert it into 700 square feet of additional living space, whether you envision a first-floor bedroom suite, a home gym, or a studio for your hobbies.
This home truly offers the best of both worlds - luxurious indoor living and endless outdoor enjoyment. So go ahead, invite the whole family over and start making memories in your stunning new abode!

Last Listed By

Jeff Peterson

Choice Residential Real Estate License #279749 Listed on: 03/28/2024

Choice Residential Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,081

Year Built

  • Built in 1994

Lot Details

  • 0.5 Acre Lot
  • Cul-De-Sac
  • Corner Lot

HOA Fees

  • $71 Monthly HOA Fees

Parking

  • 4 Car Attached Garage
  • 2 Open Parking Spaces

Home Design

  • Traditional Architecture
  • Brick Veneer
  • Shingle Roof

Interior Spaces

  • 4,360 Sq Ft Home
  • 2-Story Property
  • Bar Fridge
  • Gas Fireplace
  • Family Room with Fireplace
  • Screened Porch
  • Attic

Kitchen

  • Double Oven
  • Built-In Gas Oven
  • Built-In Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Slate Flooring
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Sink Near Laundry

Outdoor Features

  • Deck
  • Patio

Schools

  • Green Hope Elementary School
  • Davis Drive Middle School
  • Green Hope High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Community Sewer or Septic
  • Cable TV Available
  • TV Antenna

Listing and Financial Details

  • Assessor Parcel Number 0744.01-47-3022.000

Community Details

Overview

  • Preston Village Homeowners Association, Phone Number (919) 848-4911
  • Preston Village Subdivision
  • Community Parking

Recreation

  • Recreation Facilities
  • Community Playground
  • Community Pool
  • Park

Security

  • Resident Manager or Management On Site

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,081

Year Built

Built in 1994

Lot Details

0

HOA Fees

$71 per month

Parking

4

Listing Details

  • Year Built: 1994
  • Prop. Type: Residential
  • Reso Association Fee Includes: None
  • Subdivision Name: Preston Village
  • Above Grade Finished Sq Ft: 4360.0
  • Architectural Style: Traditional
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • New Construction: No
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: Yes
  • Appliances Microwave: Yes
  • Cooling Central Air: Yes
  • Laundry Features Laundry Room: Yes
  • Water Source Public: Yes
  • Flooring Carpet: Yes
  • Flooring Ceramic Tile: Yes
  • Flooring Hardwood: Yes
  • Architectural Style Traditional: Yes
  • Appliances Refrigerators: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Utilities Cable Available: Yes
  • General Property Information Association Phone: (919) 848-4911
  • General Property Information Senior Community YN: No
  • Levels Three Or More: Yes
  • General Property Information Enhanced Accessible2: No
  • Sewer Community Sewer: Yes
  • Roof:Shingle: Yes
  • General Property Information Spa YN: No
  • Flooring Slate: Yes
  • General Property Information Above Grade Finished Area: 4360.0
  • Laundry Features Sink: Yes
  • Other Equipment TV Antenna: Yes
  • General Property Information Lot Size Square Feet2: 21780.0
  • General Property Information Lot Size Acres: 0.5
  • General Property Information Stories2: 2
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Flooring: Carpet, Ceramic Tile, Hardwood, Slate
  • Private Spa: No
  • Appliances: Bar Fridge, Built-In Gas Oven, Built-In Range, Dishwasher, Double Oven, Dryer, Gas Water Heater, Microwave, Refrigerator, Washer
  • Basement YN: No
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Family Room, Gas
  • Stories: 2
  • Appliances Dishwasher: Yes
  • Community Features:Playground2: Yes
  • Community Features:Pool2: Yes
  • Fireplace Features:Family Room: Yes
  • Appliances:Gas Water Heater: Yes
  • Fireplace Features:Gas4: Yes
  • Appliances:Double Oven: Yes
  • Attic Features:Walk-In Attic: Yes
  • Community Features:Park2: Yes
  • Pool Features:Community: Yes
  • Appliances:Built-In Range: Yes
  • Appliances:Bar Fridge: Yes
  • Appliances:Built-In Gas Oven: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.5
  • Disclosures: Seller Disclosure
  • Home Warranty: No
  • Construction Type: Brick Veneer, Fiber Cement
  • Foundation Details: Other
  • Patio And Porch Features: Deck, Patio, Screened
  • Construction Materials:Fiber Cement: Yes
  • Patio And Porch Features:Screened: Yes
  • Lot Features:Cul-De-Sac: Yes
  • Patio And Porch Features:Patio: Yes
  • Patio And Porch Features:Deck2: Yes
  • Construction Materials:Brick Veneer: Yes
  • Lot Features:Corner Lot: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 4.0
  • Open Parking Spaces: 2.0
  • Open Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 6.0
  • Parking Features:Garage: Yes
  • Association Amenities:Parking: Yes
  • General Property Information:Garage Spaces: 4.0
  • General Property Information:Attached Garage YN: Yes
  • General Property Information:Parking Total: 6.0
  • General Property Information:Open Parking YN2: Yes
  • General Property Information:Open Parking Spaces2: 2.0

Utilities

  • Utilities: Cable Available
  • Heating: Central, Natural Gas
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Central: Yes

Condo/Co-op/Association

  • Community Features: Park, Playground, Pool
  • Senior Community: No
  • Association Fee: 212.0
  • Association Fee Frequency: Quarterly
  • Association Name: Preston Village Homeowners Association
  • Phone: 919-848-4911
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: Preston Village Homeowners Association
  • Association Amenities:Management: Yes
  • Association Amenities:Recreation Facilities: Yes
  • Association Amenities:Playground: Yes
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 212.0
  • General Property Information:Association Fee Frequency: Quarterly

Schools

  • Ninth Grade High School: Wake - Green Hope
  • Middle Or Junior School: Wake - Davis Drive

Lot Info

  • Lot Size Sq Ft: 21780.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 0744.01-47-3022.000
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 7081.09
  • Tax Year: 2023
  • Tax Map Number: 24

MLS Schools

  • Elementary School: Wake - Green Hope

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 28, 2024
Closed on
Jun 13, 2024
Sold by
Buschbach Terry A and Buschbach Deanne
Bought by
Mcelravey John Newton and Mcelravey Katherine Wood
Seller's Agent
Jeff Peterson
Choice Residential Real Estate
Buyer's Agent
Karen Coe
Keller Williams Legacy
List Price
$1,550,000
Sold Price
$1,370,000
Premium/Discount to List
-$180,000
-11.61%
Total Days on Market
37
Views
97
Current Estimated Value
$1,404,321

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,321
Avg. Annual Appreciation
1.33%
Original Mortgage
$1,096,000
Interest Rate
6.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 26, 1994
Bought by
Buschbach Terry A and Buschbach Deanne

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
Mcelravey John Newton $1,370,000 Magnolia Title
Buschbach Terry A $292,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcelravey John Newton $1,096,000
Closed Mcelravey John Newton $1,096,000
Previous Owner Bushbach Terry A $100,000
Previous Owner Buschbach Terry $300,000
Previous Owner Buschbach Terry A $162,060
Previous Owner Haeber Dale $417,000
Previous Owner Buschbach Terry A $190,000
Previous Owner Buschbach Terry A $100,000
Previous Owner Buschbach Terry A $216,000
Previous Owner Buschbach Terry A $170,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/18/2024 06/18/24 Sold $1,370,000 -1.4% $314 / Sq Ft
05/08/2024 05/08/24 Off Market $1,390,000 -- --
05/05/2024 05/05/24 Pending -- -- --
04/25/2024 04/25/24 Price Changed $1,390,000 -4.1% $319 / Sq Ft
04/04/2024 04/04/24 Price Changed $1,450,000 -6.5% $333 / Sq Ft
03/31/2024 03/31/24 For Sale $1,550,000 0.0% $356 / Sq Ft
03/31/2024 03/31/24 Off Market $1,550,000 -- --
03/28/2024 03/28/24 For Sale $1,550,000 -- $356 / 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 $10,962 $1,304,954 $325,000 $979,954
2023 $7,082 $704,743 $183,000 $521,743
2022 $6,817 $704,743 $183,000 $521,743
2021 $6,680 $704,743 $183,000 $521,743
2020 $6,715 $704,743 $183,000 $521,743
2019 $6,451 $600,588 $168,000 $432,588
2018 $6,052 $600,588 $168,000 $432,588
2017 $5,816 $600,588 $168,000 $432,588
2016 $5,729 $600,588 $168,000 $432,588
2015 $5,776 $584,616 $152,000 $432,616
2014 -- $584,616 $152,000 $432,616
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 10019610

Doorify MLS

APN: 0744.01-47-3022-000