NOT LISTED FOR SALE

1109 Stone Home Ln Raleigh, NC 27603

Estimated Value: $1,537,805 - $1,855,000

5 Beds
6 Baths
6,360 Sq Ft
$267/Sq Ft Est. Value

Last Sold June 24, 2022

Last sale price $1,350,000 $212 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $9,713/month

62 Days on Market

Highlights

  • Horses Allowed On Property
  • Fireplace in Primary Bedroom
  • Recreation Room
  • 10.08 Acre Lot
  • Deck
  • Marble Flooring

About This Home

As of June 2022

Sellers spared no expense in this custom built home. Over 10 acres beautifully gated and ready to welcome you! 5 bedrooms, 4 full & 2 half baths, office & 2 bonus rooms! Luxury finishes throughout! Gourmet chef's kitchen. Custom built shelving and trim, 5-in white oak flooring. Heated floor in master bath. Basement & walk-up attic fully framed, ready to finish. No HOA! See docs for full list of luxury upgrades.

Last Agent to Sell the Property

Ashley Chassereau

KW Realty Platinum License #332699 Listed on: 03/10/2022

Last Buyer's Agent

Linda Trevor

Compass -- Cary License #190844

Compass -- Cary

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,216

Year Built

  • Built in 2012

Lot Details

  • 10.08 Acre Lot
  • Property fronts a private road
  • Fenced Yard
  • Open Lot
  • Cleared Lot

Parking

  • 4 Car Garage
  • Side Facing Garage

Home Design

  • Traditional Architecture
  • Rustic Architecture
  • Fixer Upper
  • Brick or Stone Mason
  • Masonite
  • Stone

Interior Spaces

  • 6,360 Sq Ft Home
  • 3-Story Property
  • Tray Ceiling
  • High Ceiling
  • Gas Log Fireplace
  • Entrance Foyer
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room
  • Breakfast Room
  • Dining Room
  • Home Office
  • Recreation Room
  • Bonus Room
  • Unfinished Basement
  • Interior and Exterior Basement Entry
  • Unfinished Attic
  • Laundry in multiple locations

Kitchen

  • Eat-In Kitchen
  • Butlers Pantry
  • Double Self-Cleaning Oven
  • Gas Cooktop
  • Warming Drawer
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Radiant Floor
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Private Water Closet
  • Shower Only
  • Walk-in Shower

Home Security

  • Home Security System
  • Smart Lights or Controls
  • Intercom
  • Fire and Smoke Detector

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Playground
  • Rain Gutters

Schools

  • Vance Elementary School
  • North Garner Middle School
  • South Garner High School

Utilities

  • Heating System Uses Natural Gas
  • Hot Water Heating System
  • Well
  • Tankless Water Heater
  • Water Purifier
  • Septic Tank

Additional Features

  • Accessible Washer and Dryer
  • Pasture
  • Horses Allowed On Property

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,216

Year Built

Built in 2012

Lot Details

0

Parking

4

Listing Details

  • Year Built: 2012
  • Prop. Type: Residential
  • Horses: Yes
  • Road Frontage Type: Private Road
  • Road Surface Type: Unimproved
  • Subdivision Name: Not in a Subdivision
  • Above Grade Finished Sq Ft: 6360.0
  • Architectural Style: Rustic, Traditional
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • New Construction: No
  • Contract Information Ownership Type: Other
  • General Property Information Below Grade Unfinished Area: 6601.0
  • General Property Information Total Unfinished Area2: 6601.0
  • General Property Information Lot Size Dimensions: Survey
  • General Property Information Basement YN: Yes
  • General Property Information Fireplace YN: Yes
  • Appliances Microwave: Yes
  • Flooring Tile: Yes
  • Interior Features Water Closet: Yes
  • Laundry Features Main Level: Yes
  • Security Features Smoke Detector(s): Yes
  • Structure Type Site Built: Yes
  • Flooring Carpet: Yes
  • Flooring Hardwood: Yes
  • Lot Features Partially Cleared: Yes
  • Water Source Well: Yes
  • Room Types Bedroom 2 Level: 2
  • Room Types Bedroom 3 Level: 2
  • Room Types Bedroom 4 Level: 2
  • Room Types Bonus Room: Yes
  • Room Types Den2: Yes
  • Room Types Dining Room2: Yes
  • Room Types Family Room2: Yes
  • Architectural Style Traditional: Yes
  • Room Types Office: Yes
  • Room Types Primary Bedroom Level: M
  • Laundry Features Upper Level: Yes
  • Room Types Bedroom 5 Level: 2
  • Appliances Refrigerators: Yes
  • Room Types Living Room2: Yes
  • Room Types Breakfast Room: Yes
  • Interior Features Shower Only: Yes
  • Security Features Security System: Yes
  • Levels Three Or More: Yes
  • Other Equipment Intercom: Yes
  • Room Types Recreation Room3: Yes
  • Flooring Marble: Yes
  • Laundry Features Multiple Locations: Yes
  • Architectural Style Rustic: Yes
  • Attic Features Unfinished2: Yes
  • Property Condition Fixer: Yes
  • General Property Information Horse YN2: Yes
  • General Property Information Above Grade Finished Area: 6360.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 438910.56
  • General Property Information Lot Size Acres: 10.076
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Hardwood, Marble, Tile
  • Interior Amenities: Butler's Pantry, Eat-in Kitchen, Entrance Foyer, Granite Counters, High Ceilings, Pantry, Primary Downstairs, Shower Only, Smart Light(s), Tray Ceiling(s), Walk-In Closet(s), Walk-In Shower, Water Closet
  • Basement: Exterior Entry, Interior Entry, Unfinished
  • Appliances: Dishwasher, Double Oven, Electric Cooktop, Electric Range, Gas Cooktop, Microwave, Plumbed For Ice Maker, Refrigerator, Self Cleaning Oven, Tankless Water Heater, Warming Drawer, Water Purifier
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Total Bedrooms: 5
  • Fireplace Features: Family Room, Gas Log, Primary Bedroom
  • Fireplaces: 2
  • Total Bedrooms: 11
  • Appliances Dishwasher: Yes
  • Appliances:Gas Cooktop: Yes
  • Appliances:Plumbed For Ice Maker: Yes
  • Appliances:Tankless Water Heater: Yes
  • Interior Features:Entrance Foyer: Yes
  • Interior Features:Granite Counters: 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
  • Fireplace Features:Family Room: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Interior Features:Tray Ceiling(s): Yes
  • Appliances:Electric Range: Yes
  • Fireplace Features:Gas Log: Yes
  • Appliances:Electric Cooktop: Yes
  • Appliances:Self Cleaning Oven: Yes
  • Basement:Exterior Entry: Yes
  • Basement:Interior Entry: Yes
  • Appliances:Double Oven: Yes
  • Attic Features:Walk-In Attic: Yes
  • Fireplace Features:Primary Bedroom: Yes
  • Appliances:Water Purifier: Yes
  • Basement:Unfinished: Yes
  • Interior Features:Butler_squote_s Pantry: Yes
  • Appliances:Warming Drawer: Yes
  • Interior Features:Smart Light(s)2: Yes
  • Fireplace Features:Fireplaces Total: 2

Exterior Features

  • Exterior Features: Fenced Yard, Playground, Rain Gutters
  • Acres: 10.08
  • Construction Type: Masonite, Stone
  • Foundation Details: Other
  • Patio And Porch Features: Covered, Deck, Porch
  • Accessibility Features:Accessible WasherDryer: Yes
  • Exterior Features:Rain Gutters: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Covered2: Yes
  • Construction Materials:Stone: Yes
  • Patio And Porch Features:Deck2: Yes
  • Exterior Features:Fenced - Yard: Yes
  • Lot Features:Open Lot: Yes
  • Construction Materials:Masonite: Yes
  • Exterior Features:Playground3: Yes
  • Lot Features:Pasture2: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 4.0
  • Parking Features: Garage, Garage Faces Side
  • Parking Features:Garage: Yes
  • Parking Features:Garage Faces Side: Yes
  • General Property Information:Garage Spaces: 4.0

Utilities

  • Heating: Electric, Hot Water, Natural Gas, Radiant Floor
  • HeatingYN: Yes
  • Water Source: Well
  • Heating:Electric4: Yes
  • Heating:Natural Gas: Yes
  • Sewer Septic Tank: Yes
  • Heating:Hot Water2: Yes
  • Heating:Radiant Floor: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Ninth Grade High School: Wake - South Garner
  • Middle Or Junior School: Wake - North Garner

Lot Info

  • Lot Dimensions: Survey
  • Lot Size Sq Ft: 438910.56
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 8216.0
  • Tax Year: 2021

MLS Schools

  • Elementary School: Wake - Vance

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 10, 2022
Closed on
Jun 22, 2022
Sold by
Alexander Reaves Justin and Alexander Leann Kelly
Bought by
Rivers William and Rivers Rebecca Lynn
Seller's Agent
Ashley Chassereau
KW Realty Platinum
Buyer's Agent
Linda Trevor
Compass -- Cary
List Price
$1,800,000
Sold Price
$1,350,000
Premium/Discount to List
-$450,000
-25%
Current Estimated Value
$1,697,701

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$347,701
Avg. Annual Appreciation
7.19%
Original Mortgage
$1,080,000
Outstanding Balance
$1,027,891
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$669,810

Purchase Details

Closed on
May 23, 2011
Sold by
Johnson Percy L and Johnson Linda Diann Kirksey
Bought by
Reaves Justin Alexander and Reaves Kelly Leeann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
4.85%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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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
Rivers William $1,350,000 Sizemore Jonathan T
Reaves Justin Alexander $225,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rivers William $1,080,000
Previous Owner Reaves Justin Alexander $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/15/2023 12/15/23 Off Market $1,350,000 -- --
06/24/2022 06/24/22 Sold $1,350,000 -15.6% $212 / Sq Ft
05/17/2022 05/17/22 Pending -- -- --
04/08/2022 04/08/22 Price Changed $1,600,000 -11.1% $252 / Sq Ft
03/16/2022 03/16/22 For Sale $1,800,000 -- $283 / 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 $8,543 $1,332,534 $317,100 $1,015,434
2024 $8,295 $1,332,534 $317,100 $1,015,434
2023 $9,114 $1,166,307 $247,040 $919,267
2022 $8,443 $1,166,307 $247,040 $919,267
2021 $8,216 $1,166,307 $247,040 $919,267
2020 $3,440 $1,166,307 $247,040 $919,267
2019 $8,125 $992,456 $210,085 $782,371
2018 $7,467 $992,456 $210,085 $782,371
2017 $7,076 $992,456 $210,085 $782,371
2016 $6,932 $992,456 $210,085 $782,371
2015 $7,074 $1,015,726 $231,675 $784,051
2014 -- $1,015,726 $231,675 $784,051
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2435436

Doorify MLS

APN: 1609.01-37-0549-000