NOT LISTED FOR SALE

Estimated Value: $788,000 - $859,000

3 Beds
2.5 Baths
1,675 Sq Ft
$490/Sq Ft Est. Value

Last Sold August 01, 2022

Last sale price $740,000 $442 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $5,142/month

2 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • High Ceiling
  • Underwood Magnet Elementary School Rated A
  • Bonus Room
  • Granite Countertops

About This Home

As of August 2022

Are those fireworks I hear in the distance? Celebrate your good fortune of being in Raleigh this holiday weekend with this delightful modernized bungalow in the heart of Five Points. Sellers painstakingly finished the lower level adding a permanent staircase, gorgeous bonus space with exposed brick, half bath (plumbed to easily add a shower) and third bedroom. Dripping with authenticity, this character-rich 1919 beauty has an unusually large wrap-around front porch, very large and fully fenced grassy backyard, off-street parking and huge deck for grilling, hosting and relaxing. All new electrical (including the panel) and ductwork, all new interior doors, Pella windows and new vanities and toilets. Downstairs is even plumbed for a kitchenette if desired. All this house needs is you.

Last Agent to Sell the Property

David Worters

Compass -- Raleigh License #272896 Listed on: 07/01/2022

Compass -- Raleigh

Co-Listed By

Emma Singer

Compass -- Raleigh License #326642

Last Buyer's Agent

Rachel Lowe

Hodge & Kittrell Sotheby's Int License #313830

Hodge & Kittrell Sotheby's Int

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,287

Year Built

  • Built in 1919

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 50x200
  • Fenced Yard
  • Landscaped
  • Cleared Lot

Home Design

  • Bungalow
  • Wood Siding
  • Aluminum Siding

Interior Spaces

  • 1-Story Property
  • Bookcases
  • Smooth Ceilings
  • High Ceiling
  • Ceiling Fan
  • Electric Fireplace
  • Family Room with Fireplace
  • Living Room
  • Dining Room
  • Bonus Room
  • Utility Room

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Finished Basement

  • Interior and Exterior Basement Entry
  • Natural lighting in basement

Parking

  • Parking Pad
  • Gravel Driveway

Eco-Friendly Details

  • Energy-Efficient Thermostat

Outdoor Features

  • Deck
  • Patio
  • Porch

Schools

  • Underwood Elementary School
  • Oberlin Middle School
  • Broughton High School

Utilities

  • Central Air
  • Floor Furnace
  • Heating System Uses Natural Gas
  • Electric Water Heater
  • Cable TV Available

Community Details

Overview

  • No Home Owners Association

Recreation

  • Community Playground

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,287

Year Built

Built in 1919

Lot Details

0

Listing Details

  • Year Built: 1919
  • Prop. Type: Residential
  • Co List Office Mls Id: 75688
  • Co List Office Phone: 919-726-6548
  • Subdivision Name: Not in a Subdivision
  • Above Grade Finished Sq Ft: 1180.0
  • Architectural Style: Bungalow
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Efficiency: Thermostat
  • Contract Information Ownership Type: Other
  • General Property Information Lot Size Dimensions: 50x200
  • General Property Information Basement YN: Yes
  • General Property Information Fireplace YN: Yes
  • Appliances Microwave: Yes
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Laundry Features Laundry Room: Yes
  • Laundry Features Main Level: Yes
  • Levels One: Yes
  • Sewer:Public Sewer: Yes
  • Structure Type Site Built: Yes
  • Water Source Public: Yes
  • Flooring Carpet: Yes
  • Flooring Hardwood: Yes
  • Interior Features Smooth Ceilings: Yes
  • Lot Features Partially Cleared: Yes
  • Room Types Bedroom 2 Level: M
  • Room Types Bedroom 3 Level: L
  • Room Types Bonus Room: Yes
  • Room Types Dining Room2: Yes
  • Room Types Primary Bedroom Level: M
  • Room Types Utility Room: Yes
  • Appliances Refrigerators: Yes
  • Room Types Living Room2: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Utilities Cable Available: Yes
  • Architectural Style Bungalow: Yes
  • General Property Information Above Grade Finished Area: 1180.0
  • General Property Information Below Grade Finished Area: 495.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 9583.2
  • General Property Information Lot Size Acres: 0.22
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Hardwood, Tile
  • Interior Amenities: Bookcases, Ceiling Fan(s), Granite Counters, High Ceilings, Pantry, Primary Downstairs, Smooth Ceilings, Walk-In Closet(s), Walk-In Shower
  • Basement: Daylight, Exterior Entry, Finished, Interior Entry
  • Appliances: Dishwasher, Dryer, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 495.0
  • Fireplace Features: Electric, Family Room
  • Fireplaces: 1
  • Total Bedrooms: 6
  • Appliances Dishwasher: Yes
  • Community Features:Playground2: Yes
  • Interior Features:Ceiling Fan(s)2: 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
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Range: Yes
  • Basement:Daylight: Yes
  • Basement:Exterior Entry: Yes
  • Basement:Interior Entry: Yes
  • Interior Features:Bookcases: Yes
  • Basement Finished: Yes
  • Fireplace Features:Fireplaces Total: 1
  • Fireplace Features:Electric2: Yes

Exterior Features

  • Exterior Features: Fenced Yard
  • Acres: 0.22
  • Construction Type: Aluminum Siding, Fiber Cement, Wood Siding
  • Patio And Porch Features: Deck, Patio, Porch
  • Construction Materials:Fiber Cement: Yes
  • Lot Features:Landscaped: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Patio: Yes
  • Patio And Porch Features:Deck2: Yes
  • Exterior Features:Fenced - Yard: Yes
  • Construction Materials:Wood Siding: Yes
  • Construction Materials:Aluminum Siding: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Driveway, Gravel, Parking Pad
  • Parking Features:Driveway: Yes
  • Parking Features:Gravel: Yes
  • Parking Features:Parking Pad: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: Playground
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Ninth Grade High School: Wake - Broughton
  • Middle Or Junior School: Wake - Oberlin

Lot Info

  • Lot Dimensions: 50x200
  • Lot Size Sq Ft: 9583.2
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Green Features

  • Green Energy Efficient:Thermostat: Yes

Tax Info

  • Tax Annual Amount: 4287.0
  • Tax Year: 2021

MLS Schools

  • Elementary School: Wake - Underwood

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2022
Closed on
Jul 29, 2022
Sold by
Kolesa and Michelle
Bought by
Balko Julie Ann and Marimpietri Craig West
Seller's Agent
David Worters
Compass -- Raleigh
Buyer's Agent
Rachel Lowe
Hodge & Kittrell Sotheby's Int
List Price
$695,000
Sold Price
$740,000
Premium/Discount to List
$45,000
6.47%
Total Days on Market
2
Current Estimated Value
$820,640

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,640
Avg. Annual Appreciation
2.59%
Original Mortgage
$703,000
Outstanding Balance
$677,816
Interest Rate
5.78%
Mortgage Type
Balloon
Estimated Equity
$118,155

Purchase Details

Closed on
Jan 21, 2020
Sold by
Kruse Dann V and Kruse Nancy S
Bought by
Kolesa Colton and Kolesa Michelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$372,000
Interest Rate
3.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 13, 2015
Sold by
Fogleman Paul Mceachern and Fogleman Elizabeth Cole
Bought by
Kruse Dann and Kruse Nancy S

Purchase Details

Closed on
Aug 5, 2013
Sold by
Kirkland Robert Edward and Kirkland Ashley Sims
Bought by
Fogleman Paul Mceachern

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$291,150
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 29, 2012
Sold by
Murray Louis J and Murray Virgina F
Bought by
Kirkland Robert Edward and Kirkland Ashley Sims

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 29, 2004
Sold by
M&B Builders Inc
Bought by
Murray Louis J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
4.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 17, 2004
Sold by
Park Robert D and Park Dorothy C
Bought by
M&B Builders Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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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
Balko Julie Ann $740,000 Gene Davis Law Pllc
Kolesa Colton $462,500 None Available
Kruse Dann $347,500 None Available
Fogleman Paul Mceachern $323,500 None Available
Kirkland Robert Edward $190,000 None Available
Murray Louis J -- --
M&B Builders Inc $165,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Balko Julie Ann $703,000
Previous Owner Kolesa Colton $372,000
Previous Owner Fogleman Paul Mceachern $291,150
Previous Owner Kirkland Robert Edward $152,000
Previous Owner Murray Louis J $168,000
Previous Owner M&B Builders Inc $165,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2023 12/15/23 Off Market $740,000 -- --
08/01/2022 08/01/22 Sold $740,000 +6.5% $442 / Sq Ft
07/03/2022 07/03/22 Pending -- -- --
07/01/2022 07/01/22 For Sale $695,000 -- $415 / 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 $6,437 $738,870 $495,000 $243,870
2023 $4,760 $434,843 $280,500 $154,343
2022 $4,423 $434,843 $280,500 $154,343
2021 $4,287 $436,518 $280,500 $156,018
2020 $4,210 $436,518 $280,500 $156,018
2019 $3,905 $333,531 $176,000 $157,531
2018 $0 $333,531 $176,000 $157,531
2017 $3,510 $333,531 $176,000 $157,531
2016 $3,438 $333,531 $176,000 $157,531
2015 $2,846 $270,973 $160,800 $110,173
2014 $2,700 $270,973 $160,800 $110,173
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2459711

Doorify MLS

APN: 1704.07-68-8414-000