Seller's Agent in 2025
Rachel Lowe
Hodge & Kittrell Sotheby's Int
(336) 317-9389
8 in this area
169 Total Sales
10805 the Olde Place Raleigh, NC 27614
Falls Lake Neighborhood
4
Beds
4.5
Baths
3,972
Sq Ft
1.21
Acres
Highlights
- Deck
- Traditional Architecture
- Main Floor Bedroom
- Brassfield Elementary School Rated A-
- Wood Flooring
- Attic
About This Home
As of August 2025Thoughtful design meets timeless appeal in this beautifully updated home in desirable North Raleigh. This secluded, 1.2-acre oasis, tucked away on a quiet cul-de-sac, includes a nearly 4000-square-foot home, 1200-square-foot auxiliary building, and over 1000-square-feet of outdoor living spaces. The 4-bedroom, 4.5-bath main house features high-end touches such as custom cabinetry, oak flooring, luxury appliances (Dacor, Thermador, Bosch), and ensuite bathrooms and provides ample space with a second-floor flex room with built-in bar, third-floor bonus room, attached 2-car garage, and formal dining room. An additional 2-car garage with 13-foot ceilings and a nearly 600-square-foot flex room make up the auxiliary building. Currently used as an art studio and gym, these climate controlled spaces hold limitless possibilities as an office, shop, game room, or guest house. The large deck, screened-in-porch, fire pit and spa overlook a stunningly manicured lawn and provide an ideal spot for relaxing or outdoor entertaining. With thoughtful updates and unparalleled privacy, this home offers the luxury and flexibility to suit any buyer's needs.
Last Agent to Sell the Property
Hodge & Kittrell Sotheby's Int License #313830 Listed on: 06/19/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,278
Year Built
- Built in 1985
Lot Details
- 1.21 Acre Lot
- Cul-De-Sac
- Back Yard Fenced
- Landscaped
Parking
- 4 Car Attached Garage
- Side Facing Garage
- Private Driveway
- 2 Open Parking Spaces
Home Design
- Traditional Architecture
- Brick Exterior Construction
- Brick Foundation
- Block Foundation
- Shingle Roof
Interior Spaces
- 3,972 Sq Ft Home
- 3-Story Property
- Bookcases
- Bar Fridge
- Smooth Ceilings
- Ceiling Fan
- Recessed Lighting
- 2 Fireplaces
- Wood Burning Fireplace
- Entrance Foyer
- Family Room
- Breakfast Room
- Dining Room
- Bonus Room
- Screened Porch
- Home Gym
- Basement
- Crawl Space
Kitchen
- Gas Range
- Range Hood
- Microwave
- Dishwasher
- Stainless Steel Appliances
- Kitchen Island
- Quartz Countertops
Flooring
- Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- Main Floor Bedroom
- Walk-In Closet
- Double Vanity
- Walk-in Shower
Laundry
- Laundry Room
- Laundry on upper level
- Sink Near Laundry
Attic
- Scuttle Attic Hole
- Pull Down Stairs to Attic
Outdoor Features
- Deck
- Separate Outdoor Workshop
- Outdoor Storage
Schools
- Brassfield Elementary School
- West Millbrook Middle School
- Millbrook High School
Utilities
- Cooling System Mounted In Outer Wall Opening
- Forced Air Zoned Heating and Cooling System
- Well
- Tankless Water Heater
- Water Softener
- Septic Tank
Community Details
- No Home Owners Association
- The Olde Place Subdivision
Listing and Financial Details
- Assessor Parcel Number 1709831286
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 25, 2022
Closed on
Jun 1, 2022
Sold by
Lynn Hustedt and Lynn Carol
Bought by
Welch David and Bendele George
Seller's Agent
Nan McBean
Long & Foster Real Estate INC/Raleigh
Buyer's Agent
Rachel Lowe
Hodge & Kittrell Sotheby's Int
List Price
$899,900
Sold Price
$1,000,000
Premium/Discount to List
$100,100
11.12%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.85%
Purchase Details
Closed on
Jul 17, 1995
Bought by
Hustedt Wolfgang and Carol Lynn
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $1,000,000 | Gene Davis Law Pllc | |
| Deed | $355,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,104,800 | New Conventional | |
| Previous Owner | $359,800 | New Conventional | |
| Previous Owner | $100,000 | Credit Line Revolving | |
| Previous Owner | $50,000 | Credit Line Revolving | |
| Previous Owner | $120,000 | Balloon | |
| Previous Owner | $120,000 | Unknown |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/15/2025 08/15/25 | Sold | $1,381,000 | -3.4% | $348 / Sq Ft |
| 07/16/2025 07/16/25 | Pending | -- | -- | -- |
| 06/27/2025 06/27/25 | Price Changed | $1,430,000 | -3.1% | $360 / Sq Ft |
| 06/19/2025 06/19/25 | For Sale | $1,475,000 | 0.0% | $371 / Sq Ft |
| 05/24/2025 05/24/25 | Pending | -- | -- | -- |
| 05/01/2025 05/01/25 | Price Changed | $1,475,000 | -6.9% | $371 / Sq Ft |
| 04/16/2025 04/16/25 | For Sale | $1,585,000 | +58.5% | $399 / Sq Ft |
| 12/15/2023 12/15/23 | Off Market | $1,000,000 | -- | -- |
| 06/01/2022 06/01/22 | Sold | $1,000,000 | +11.1% | $250 / Sq Ft |
| 04/30/2022 04/30/22 | Pending | -- | -- | -- |
| 04/28/2022 04/28/22 | For Sale | $899,900 | -- | $225 / Sq Ft |
Source: Doorify MLS
Tax History Compared to Growth
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 | $6,465 | $1,007,710 | $200,000 | $807,710 |
| 2024 | $6,278 | $1,007,710 | $200,000 | $807,710 |
| 2023 | $4,430 | $565,555 | $110,000 | $455,555 |
| 2022 | $3,795 | $522,668 | $110,000 | $412,668 |
| 2021 | $3,693 | $522,668 | $110,000 | $412,668 |
| 2020 | $3,561 | $522,668 | $110,000 | $412,668 |
| 2019 | $3,983 | $485,251 | $150,000 | $335,251 |
| 2018 | $3,661 | $485,251 | $150,000 | $335,251 |
| 2017 | $0 | $485,251 | $150,000 | $335,251 |
| 2016 | $3,400 | $485,251 | $150,000 | $335,251 |
| 2015 | $4,394 | $629,771 | $224,000 | $405,771 |
| 2014 | $4,164 | $629,771 | $224,000 | $405,771 |
Source: Public Records
Agents Affiliated with this Home
-
Rachel Lowe
-
Keli Smith
Buyer's Agent in 2025
Keli Smith
ERA Live Moore
(919) 737-5397
3 in this area
74 Total Sales
-
Nan McBean
Seller's Agent in 2022
Nan McBean
Long & Foster Real Estate INC/Raleigh
(919) 522-0046
1 in this area
14 Total Sales
Map
Source: Doorify MLS
MLS Number: 10089704
APN: 1709.04-83-1286-000
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Some IDX listings have been excluded from this IDX display. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. Listings marked with an icon are provided courtesy of the Doorify MLS, Inc. of North Carolina, Internet Data Exchange Database. Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property. Copyright 2025 Doorify MLS, Inc. of North Carolina. All rights reserved.
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