NOT LISTED FOR SALE

Estimated Value: $584,000 - $707,000

3 Beds
2.5 Baths
2,664 Sq Ft
$237/Sq Ft Est. Value

Last Sold February 24, 2023

Last sale price $550,000 $206 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $3,523/month

7 Days on Market

Highlights

  • Colonial Architecture
  • Wood Flooring
  • No HOA
  • Pleasant Union Elementary School Rated A
  • 1 Fireplace
  • 2 Car Garage

About This Home

As of February 2023

Well cared-for longtime family home nestled in a quiet, rural North Raleigh setting. Move-in ready for any buyer, especially one excited to personalize this blank canvas with their preferred touches. Recent roof and HVAC improvements underscore the overall structural and system quality maintained by owners over the years. Flooded with natural light and loaded with storage space, there are ample aesthetic and functional features to be appreciated. A huge outdoor deck partitioned by a separate roofed, screened, and skylighted porch, overlooks a large, flat, wooded yard that provides both usable space and privacy. Additional floored attic with staired access provides the potential for significant finished square footage. 8x12 storage shed, washer, dryer, dishwasher, microwave, refrigerator, and hanging storage in garage all convey! Showings begin Saturday, 01/14/23.

Last Agent to Sell the Property

Chris Shaw

EXP Realty LLC License #265633 Listed on: 01/11/2023

EXP Realty LLC

Last Buyer's Agent

Jerry Diamond

Choice Residential Real Estate License #266423

Choice Residential Real Estate

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1989

Lot Details

  • 1.03 Acre Lot
  • Lot Dimensions are 381x141.5x331x120.5

Parking

  • 2 Car Garage
  • Private Driveway

Home Design

  • Colonial Architecture
  • Masonite

Interior Spaces

  • 2,664 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace

Flooring

  • Wood
  • Carpet
  • Luxury Vinyl Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Schools

  • Pleasant Union Elementary School
  • West Millbrook Middle School
  • Millbrook High School

Utilities

  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Somerset Subdivision

Home Details

Home Type

Single Family

Year Built

Built in 1989

Lot Details

0

Parking

2

Listing Details

  • Year Built: 1989
  • Prop. Type: Residential
  • Subdivision Name: Somerset
  • Above Grade Finished Sq Ft: 2664.0
  • Architectural Style: Colonial
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Contract Information Ownership Type: Other
  • General Property Information Above Grade Unfinished Area: 1664.0
  • General Property Information Total Unfinished Area2: 1664.0
  • General Property Information Lot Size Dimensions: 381x141.5x331x120.5
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: Yes
  • Flooring Luxury Vinyl: Yes
  • Structure Type Site Built: Yes
  • Flooring Carpet: Yes
  • Flooring Hardwood: Yes
  • Levels Two: Yes
  • Flooring Vinyl: Yes
  • Architectural Style Colonial: Yes
  • General Property Information Above Grade Finished Area: 2664.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 44866.8
  • General Property Information Lot Size Acres: 1.03
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Hardwood, Luxury Vinyl, Vinyl
  • Appliances: Electric Water Heater
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Total Bedrooms: 7
  • Appliances:Electric Water Heater: Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Acres: 1.03
  • Construction Type: Masonite
  • Construction Materials:Masonite: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Concrete, Driveway, Garage
  • Parking Features:Garage: Yes
  • Parking Features:Concrete4: Yes
  • Parking Features:Driveway: Yes
  • General Property Information:Garage Spaces: 2.0

Utilities

  • Heating: Electric, Heat Pump
  • HeatingYN: Yes
  • Heating:Electric4: Yes
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Ninth Grade High School: Wake - Millbrook
  • Middle Or Junior School: Wake - West Millbrook

Lot Info

  • Lot Dimensions: 381x141.5x331x120.5
  • Lot Size Sq Ft: 44866.8
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 292932.0
  • Tax Year: 2020

MLS Schools

  • Elementary School: Wake - Pleasant Union

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 11, 2023
Closed on
Feb 22, 2023
Sold by
Slack Kathleen and Slack Robert E
Bought by
Bonner Elizabeth K and Bonner Jesse R
Seller's Agent
Chris Shaw
EXP Realty LLC
Buyer's Agent
Jerry Diamond
Choice Residential Real Estate
List Price
$570,000
Sold Price
$550,000
Premium/Discount to List
-$20,000
-3.51%
Views
21
Current Estimated Value
$613,689

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,689
Avg. Annual Appreciation
5.28%
Original Mortgage
$495,000
Outstanding Balance
$479,469
Interest Rate
6.33%
Mortgage Type
New Conventional
Estimated Equity
$150,939

Purchase Details

Closed on
Aug 1, 1994
Bought by
Slack Robert E and Slack Kathleen
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
Bonner Elizabeth K $550,000 Attorneys Title
Slack Robert E $203,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bonner Elizabeth K $495,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/15/2023 12/15/23 Off Market $550,000 -- --
02/24/2023 02/24/23 Sold $550,000 -3.5% $206 / Sq Ft
01/18/2023 01/18/23 Pending -- -- --
01/11/2023 01/11/23 For Sale $570,000 -- $214 / 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 $3,646 $566,873 $180,000 $386,873
2024 $3,540 $566,873 $180,000 $386,873
2023 $3,161 $402,841 $120,000 $282,841
2022 $2,929 $402,841 $120,000 $282,841
2021 $2,851 $402,841 $120,000 $282,841
2020 $2,804 $402,841 $120,000 $282,841
2019 $2,872 $349,163 $130,000 $219,163
2018 $2,640 $349,163 $130,000 $219,163
2017 $2,503 $349,163 $130,000 $219,163
2016 $2,452 $349,163 $130,000 $219,163
2015 $2,314 $330,380 $120,000 $210,380
2014 $2,194 $330,380 $120,000 $210,380
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2490186

Doorify MLS

APN: 0890.01-16-8731-000