NOT LISTED FOR SALE

12012 Peed Rd Raleigh, NC 27614

Falls Lake Neighborhood

Estimated Value: $806,000 - $932,000

4 Beds
2 Baths
2,749 Sq Ft
$307/Sq Ft Est. Value

Last Sold November 13, 2024

Last sale price $834,026 $303 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $4,780/month

4 Days on Market

Highlights

  • Creek or Stream View
  • Deck
  • Wooded Lot
  • Pleasant Union Elementary School Rated A
  • Contemporary Architecture
  • Vaulted Ceiling

About This Home

As of November 2024

Rare 5+ acre lot in North Raleigh - Nature lovers paradise with pristine views - Over 300 ft of frontage on scenic Sextons Creek - Custom designed mid century modern home (MCM) built by the renowned Thomas Gipson & Company - One owner home featuring modernist architecture - Striking interior design - Vaulted wood ceilings in main living areas - Floor to ceiling windows make you feel as one with the natural surroundings -Hardwoods throughout main level - Granite counters and S/S appliances in kitchen - Spacious master w/ sitting area - Bonus room - New carpet - Two loft areas on the third floor - Walk in storage - Total square footage is 3036' - Sealed crawlspace - Bring your hiking shoes for the trail down to the creek

Last Agent to Sell the Property

John Hawkins

Long & Foster Real Estate INC/Raleigh License #86964 Listed on: 10/02/2024

Long & Foster Real Estate INC/Raleigh

Last Buyer's Agent

Sherri Smith

Wieland Properties, Inc. License #171814

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,458

Year Built

  • Built in 1988

Lot Details

  • Wooded Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Contemporary Architecture
  • Modernist Architecture
  • Rustic Architecture
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 2,749 Sq Ft Home
  • 3-Story Property
  • Central Vacuum
  • Vaulted Ceiling
  • Entrance Foyer
  • Family Room
  • Living Room
  • Breakfast Room
  • Dining Room
  • Loft
  • Bonus Room
  • Creek or Stream Views
  • Laundry Room

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom located in the basement
  • 2 Full Bathrooms

Outdoor Features

  • Deck
  • Porch

Schools

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

Utilities

  • Cooling Available
  • Heat Pump System
  • Well
  • Septic Tank

Community Details

  • No Home Owners Association
  • The Coit Ray Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0891602331

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,458

Year Built

Built in 1988

Lot Details

5.37 Acres

Parking

2

Listing Details

  • Year Built: 1988
  • Prop. Type: Residential
  • Subdivision Name: The Coit Ray
  • Above Grade Finished Sq Ft: 2749.0
  • Architectural Style: Contemporary, Modernist, Rustic
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • New Construction: No
  • General Property Information Above Grade Unfinished Area: 287.0
  • General Property Information Total Unfinished Area2: 287.0
  • General Property Information Basement YN: No
  • Laundry Features Laundry Room: Yes
  • Flooring Carpet: Yes
  • Flooring Hardwood: Yes
  • Water Source Well: Yes
  • Room Types Bedroom 2 Level: Second
  • Room Types Bedroom 3 Level: Second
  • Room Types Bedroom 4 Level: Second
  • Room Types Bonus Room: Yes
  • Room Types Dining Room2: Yes
  • Room Types Family Room2: Yes
  • Room Types Primary Bedroom Level: Lower
  • Room Types Loft: Yes
  • Room Types Living Room2: Yes
  • Room Types Breakfast Room: Yes
  • Levels Three Or More: Yes
  • Architectural Style Contemporary: Yes
  • Architectural Style Modernist: Yes
  • Architectural Style Rustic: Yes
  • General Property Information Enhanced Accessible2: No
  • Roof:Shingle: Yes
  • Room Types Entrance Hall: Yes
  • General Property Information Above Grade Finished Area: 2749.0
  • Room Types Laundry2: Yes
  • General Property Information:Living Area3: 2749.0
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Hardwood
  • Interior Amenities: Central Vacuum, Vaulted Ceiling(s)
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Interior Features:Vaulted Ceiling(s): Yes
  • Interior Features:Central Vacuum: Yes

Exterior Features

  • Roof: Shingle
  • Construction Type: Wood Siding
  • Foundation Details: See Remarks
  • Patio And Porch Features: Deck, Porch
  • Patio and Porch Features:Porch: Yes
  • Lot Features:Wooded: Yes
  • Patio And Porch Features:Deck2: Yes
  • Construction Materials:Wood Siding: Yes
  • View:CreekStream: Yes
  • Lot Features:Views: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Open Parking: No
  • Parking Features: Garage
  • Total Parking Spaces: 2.0
  • Parking Features:Garage: Yes
  • General Property Information:Garage Spaces: 2.0
  • General Property Information:Attached Garage YN: Yes
  • General Property Information:Parking Total: 2.0
  • General Property Information:Open Parking YN2: No

Utilities

  • Heating: Heat Pump
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Well
  • Heating:Heat Pump2: Yes
  • Sewer Septic Tank: Yes
  • HeatingCooling:Heat Pump: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

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

Lot Info

  • Parcel #: 0891602331

Tax Info

  • Tax Annual Amount: 4458.0
  • Tax Year: 2024

MLS Schools

  • Elementary School: Wake - Pleasant Union

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2024
Closed on
Nov 13, 2024
Sold by
Pickren Robert G and Pickren Deborah K
Bought by
Hartman Anthony E and Hartman Karen L
Seller's Agent
John Hawkins
Long & Foster Real Estate INC/Raleigh
Buyer's Agent
Sherri Smith
Wieland Properties, Inc.
List Price
$795,000
Sold Price
$834,026
Premium/Discount to List
$39,026
4.91%
Views
12
Current Estimated Value
$845,010

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,984
Avg. Annual Appreciation
0.98%
Original Mortgage
$625,519
Outstanding Balance
$619,292
Interest Rate
6.12%
Mortgage Type
New Conventional
Estimated Equity
$225,718

Purchase Details

Closed on
Jun 29, 1988
Bought by
Pickren Robert G and Pickren Deborah K
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Hartman Anthony E $834,500 None Listed On Document
Hartman Anthony E $834,500 None Listed On Document
Pickren Robert G $165,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hartman Anthony E $625,519
Closed Hartman Anthony E $625,519
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/13/2024 11/13/24 Sold $834,026 +4.9% $303 / Sq Ft
10/06/2024 10/06/24 Pending -- -- --
10/02/2024 10/02/24 For Sale $795,000 -- $289 / Sq Ft
Source: Doorify MLS

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 $4,591 $714,625 $279,500 $435,125
2024 $4,458 $714,625 $279,500 $435,125
Source: Public Records

Agents Affiliated with this Home

  • John Hawkins

    Seller's Agent in 2024

    John Hawkins

    Long & Foster Real Estate INC/Raleigh

    (919) 219-9996

    19 in this area

    125 Total Sales

    John Hawkins
    Section Image
  • Sherri Smith

    Buyer's Agent in 2024

    Sherri Smith

    Wieland Properties, Inc.

    (919) 616-1100

    7 in this area

    105 Total Sales

    Sherri Smith
    Section Image
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Map

Source: Doorify MLS

MLS Number: 10055872

Doorify MLS

APN: 0891.04-60-2331-000

North Carolina Wake County Raleigh 27614 Falls Lake

12012 Peed Rd, Raleigh, NC

Not Listed for Sale

Detached

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