NOT LISTED FOR SALE

Estimated Value: $1,247,000 - $2,133,000

2 Beds
3 Baths
3,420 Sq Ft
$546/Sq Ft Est. Value

Last Sold February 12, 2024

Last sale price $1,900,000 $556 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $10,797/month

92 Days on Market

Highlights

  • Private Waterfront
  • Barn
  • In Ground Pool
  • North Forest Pines Elementary School Rated A
  • Horses Allowed On Property
  • Home fronts a pond

About This Home

As of February 2024

AMAZING EQUESTRIAN ESTATE BEHIND PRIVATE GATES ON 20 PLUS ACRES FEATURING A LONG ASPHALT CURBING PRIVATE DRIVEWAY W/CONCRETE SPLIT RAIL FENCING, SPACE FOR BOAT & RV COVERED PARKING, 2 BEDROOMS PLUS BONUS ROOM, OVERZISED SALT WATER POOL, PUTTING GREEN, PRIVATE POND W/DECK & GAZEBO, 10 STALL HORSE BARN SHED & RIDING RING. ADOBE STYLE ARCHITECTURE STYLE FULLY UPGRADED; SUB-ZERO FRIDGE/FREEZER, CHESTNUT CABINETS THROUGHOUT, DOUBLE WALL OVEN, CENTER GRILL, CHERRY WOOD WINE CELLAR, INDOOR/OUTDOOR PIZZA OVEN. SPACIOUS MASTER BEDROOM SUITE W/TILE FLOORS, BUILT IN HEADBOARD W/CABINETS & GRANITE TOPS. SMART HOUSE CONTROLLED BY CELL PHONE. SPLIT LEVEL FLOOR PLAN LAY OUT, RADIANT FLOOR HEATING INCL GARAGE. DETACHED 2ND GARAGE ADDED RECENTLY, NEWER ROOF, METAL SHOP W/STORAGE AND MORE.

Last Agent to Sell the Property

Martin Verdi

Engel & Volkers Raleigh License #335125 Listed on: 10/04/2023

Co-Listed By

Deborah Tilton

Engel & Volkers Raleigh License #259105

Last Buyer's Agent

Thomas Butler

Long & Foster Real Estate INC/Brier Creek License #345500

Long & Foster Real Estate INC/Brier Creek

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,602

Year Built

  • Built in 1996

Lot Details

  • 20.44 Acre Lot
  • Home fronts a pond
  • Private Waterfront
  • Property fronts a private road
  • Fenced Yard
  • Secluded Lot
  • Irrigation Equipment
  • Wooded Lot
  • Landscaped with Trees
  • Property is zoned R-40W

Parking

  • 4 Car Garage
  • Garage Door Opener
  • Private Driveway

Home Design

  • 1.5-Story Property
  • Stucco

Interior Spaces

  • 3,420 Sq Ft Home
  • Wet Bar
  • Bookcases
  • High Ceiling
  • Ceiling Fan
  • Skylights
  • Gas Log Fireplace
  • Entrance Foyer
  • Family Room with Fireplace
  • 2 Fireplaces
  • Combination Dining and Living Room
  • Breakfast Room
  • Home Office
  • Bonus Room
  • Sun or Florida Room
  • Screened Porch
  • Storage
  • Utility Room
  • Attic

Kitchen

  • Built-In Double Oven
  • Gas Range
  • Down Draft Cooktop
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Granite Countertops

Flooring

  • Radiant Floor
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Dressing Area
  • 3 Full Bathrooms
  • Double Vanity
  • Bathtub with Shower
  • Walk-in Shower

Laundry

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

Home Security

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

Pool

  • In Ground Pool
  • Saltwater Pool

Outdoor Features

  • Patio
  • Rain Gutters

Schools

  • N Forest Pines Elementary School
  • Wake Forest Middle School
  • Wake Forest High School

Farming

  • Barn
  • Pasture

Horse Facilities and Amenities

  • Horses Allowed On Property

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Well
  • Electric Water Heater
  • Septic Tank
  • Satellite Dish

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,602

Year Built

Built in 1996

Lot Details

0

Parking

4

Listing Details

  • Year Built: 1996
  • Prop. Type: Residential
  • Horses: Yes
  • Road Frontage Type: Private Road, Other
  • Co List Office Mls Id: 80782
  • Co List Office Phone: 919-391-5555
  • Subdivision Name: Not in a Subdivision
  • Above Grade Finished Sq Ft: 3420.0
  • Architectural Style: Ranch
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Multi/Split, One and One Half
  • New Construction: No
  • Contract Information Ownership Type: Other
  • General Property Information Above Grade Unfinished Area: 780.0
  • General Property Information Total Unfinished Area2: 780.0
  • General Property Information Lot Size Dimensions: Survey Needed
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: Yes
  • Appliances Microwave: Yes
  • Wall Oven: Yes
  • Architectural Style Ranch: Yes
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Interior Features BathtubShower Combination: Yes
  • Laundry Features Laundry Room: Yes
  • Laundry Features Main Level: Yes
  • Security Features Smoke Detector(s): Yes
  • Structure Type Site Built: Yes
  • Lot Features Hardwood Trees: Yes
  • Water Source Well: Yes
  • Room Types Bedroom 2 Level: M
  • Room Types Bedroom 3 Level: 2
  • Room Types Bonus Room: Yes
  • Room Types Dining Room2: Yes
  • Room Types Family Room2: Yes
  • Room Types Office: Yes
  • Room Types Primary Bedroom Level: M
  • Interior Features LivingDining Room Combination: Yes
  • Room Types Utility Room: Yes
  • Appliances Refrigerators: Yes
  • Room Types Living Room2: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Room Types Breakfast Room: Yes
  • Other Equipment Satellite Dish: Yes
  • Room Types Sunroom: Yes
  • Security Features Security System: Yes
  • General Property Information Senior Community YN: No
  • Levels One and One Half: Yes
  • Security Features Prewired: Yes
  • Fencing Privacy: Yes
  • Levels MultiSplit: Yes
  • Interior Features Dressing Room: Yes
  • Pool Features In Ground: Yes
  • Other Equipment Irrigation Equipment: Yes
  • Waterfront Access Private Ownership: Yes
  • General Property Information Horse YN2: Yes
  • Pool Features Private4: Yes
  • Pool Features Salt Water: Yes
  • General Property Information Above Grade Finished Area: 3420.0
  • General Property Information Carport YN: No
  • Other Structures Barn(s): Yes
  • Appliances Cooktop - Down: Yes
  • Laundry Features Outside2: Yes
  • General Property Information Lot Size Square Feet2: 890366.4
  • General Property Information Lot Size Acres: 20.44
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Flooring: Tile
  • Interior Amenities: Bathtub/Shower Combination, Bookcases, Ceiling Fan(s), Double Vanity, Dressing Room, Entrance Foyer, Granite Counters, High Ceilings, Living/Dining Room Combination, Pantry, Primary Downstairs, Smart Light(s), Storage, Walk-In Closet(s), Walk-In Shower, Wet Bar
  • Appliances: Cooktop - Down, Dishwasher, Double Oven, Dryer, Electric Water Heater, Gas Range, Microwave, Plumbed For Ice Maker, Refrigerator, Wall Oven, Washer
  • Basement YN: No
  • Full Bathrooms: 3
  • Total Bedrooms: 2
  • Fireplace Features: Family Room, Gas Log
  • Fireplaces: 2
  • Total Bedrooms: 8
  • Appliances Dishwasher: Yes
  • Appliances:Plumbed For Ice Maker: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Interior Features:Double Vanity: 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:Storage3: Yes
  • Appliances:Electric Water Heater: Yes
  • Fireplace Features:Gas Log: Yes
  • Interior Features:Bookcases: Yes
  • Interior Features:Wet Bar: Yes
  • Appliances:Double Oven: Yes
  • Appliances:Gas Range: Yes
  • Attic Features:Walk-In Attic: Yes
  • Interior Features:Smart Light(s)2: Yes
  • Fireplace Features:Fireplaces Total: 2

Exterior Features

  • Water Body Name: Unnamed
  • Exterior Features: Fenced Yard, Rain Gutters, Smart Camera(s)/Recording
  • Fencing: Privacy
  • Acres: 20.44
  • Waterfront Features: Pond
  • Waterfront: Yes
  • Construction Type: Stucco
  • Patio And Porch Features: Covered, Enclosed, Patio, Porch, Screened
  • Exterior Features:Rain Gutters: Yes
  • Lot Features:Landscaped: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Screened: Yes
  • Lot Features:Wooded: Yes
  • Patio And Porch Features:Covered2: Yes
  • Patio And Porch Features:Patio: Yes
  • Exterior Features:Fenced - Yard: Yes
  • Patio And Porch Features:Enclosed2: Yes
  • Window Features:Skylight(s): Yes
  • Lot Features:Secluded: Yes
  • Waterfront Features:Pond2: Yes
  • Exterior Features:Smart Camera(s)Recording: Yes
  • Lot Features:Pasture2: Yes
  • Construction Materials:Stucco: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 4.0
  • Parking Features: Asphalt, Attached, Covered, Detached, Driveway, Garage, Garage Door Opener
  • Parking Features:Attached: Yes
  • Parking Features:Garage: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Driveway: Yes
  • Parking Features:Asphalt2: Yes
  • Parking Features:Detached: Yes
  • Parking Features:Covered: Yes
  • General Property Information:Garage Spaces: 4.0

Utilities

  • Heating: Forced Air, Propane, Radiant Floor
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Well
  • Heating:Forced Air: Yes
  • Sewer Septic Tank: Yes
  • Heating:Propane2: Yes
  • Heating:Radiant Floor: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Ninth Grade High School: Wake - Wake Forest
  • Middle Or Junior School: Wake - Wake Forest

Lot Info

  • Zoning: R-40W
  • Lot Dimensions: Survey Needed
  • Lot Size Sq Ft: 890366.4
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 5602.0
  • Tax Year: 2023

MLS Schools

  • Elementary School: Wake - N Forest Pines

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2023
Closed on
Feb 7, 2024
Sold by
Allen Kenneth Ray and Allen Michelle N
Bought by
Penaflor Barbra Lyn and Penaflor Arthur Benavente
Seller's Agent
Martin Verdi
Engel & Volkers Raleigh
Buyer's Agent
Thomas Butler
Long & Foster Real Estate INC/Brier Creek
List Price
$2,200,000
Sold Price
$1,900,000
Premium/Discount to List
-$300,000
-13.64%
Views
318
Current Estimated Value
$1,866,740

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$33,260
Avg. Annual Appreciation
-2.88%

Purchase Details

Closed on
Sep 22, 2006
Sold by
Allen Connie Farris
Bought by
Allen Kenneth Ray

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,443,030
Interest Rate
6.48%
Mortgage Type
Purchase Money Mortgage
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
Penaflor Barbra Lyn $1,900,000 None Listed On Document
Allen Kenneth Ray -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Allen Kenneth Ray $150,000
Previous Owner Allen Kenneth Ray $1,443,030
Previous Owner Allen Kenneth Ray $787,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/12/2024 02/12/24 Sold $1,900,000 -13.6% $556 / Sq Ft
01/04/2024 01/04/24 Pending -- -- --
10/04/2023 10/04/23 For Sale $2,200,000 -- $643 / 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 -- $1,812,067 $230,888 $1,581,179
2024 $11,273 $1,812,067 $230,888 $1,581,179
2023 $5,602 $715,959 $185,904 $530,055
2022 $5,191 $715,959 $185,904 $530,055
2021 $4,592 $650,599 $185,904 $464,695
2020 $4,516 $650,599 $185,904 $464,695
2019 $4,436 $540,679 $176,304 $364,375
2018 $4,077 $540,679 $176,304 $364,375
2017 $3,864 $540,679 $176,304 $364,375
2016 $3,786 $540,679 $176,304 $364,375
2015 -- $587,702 $223,632 $364,070
2014 $3,887 $587,702 $223,632 $364,070
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2535635

Doorify MLS

APN: 1831.11-66-2859-000