NOT LISTED FOR SALE

1500 Princess Anne Rd Raleigh, NC 27607

North Cary Neighborhood

Estimated Value: $479,000 - $539,000

4 Beds
2.5 Baths
1,902 Sq Ft
$266/Sq Ft Est. Value

Last Sold June 04, 2024

Last sale price $475,000 $250 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $2,874/month

19 Days on Market

Highlights

  • 0.6 Acre Lot
  • Traditional Architecture
  • Main Floor Bedroom
  • Reedy Creek Magnet Middle School Rated A
  • Wood Flooring
  • Corner Lot

About This Home

As of June 2024

Rarely available home in the beautiful rolling hills of Medfield Estates with no HOA & no city taxes! Central to Cary and Raleigh, this 4 bed, 2.5 bath home sits on a large 0.6 acre corner lot with gorgeous landscaping. The kitchen features hardwood floors, a huge pantry, ample dining space & opens to a private deck. A huge living room features a large bay window. Upstairs hosts 3 bedrooms, 2 full bathrooms and hardwood floors throughout the beds and hall. The lower level features another large living area with fireplace, half bath, laundry room, 4th bedroom and several closets. Two-car garage with a large, separate workshop area. New roof in 2022. Optional neighborhood pool membership. Best of all, Stoney Acres Farm is a local goods small farm open weekly that's nestled right in the neighborhood just a short walk from this home. Don't wait on this one!

Last Agent to Sell the Property

George Patrick III

Berkshire Hathaway HomeService License #275514 Listed on: 04/14/2024

Berkshire Hathaway HomeService

Last Buyer's Agent

Maria Moga

ERA Pacesetters Realty License #257391

ERA Pacesetters Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,275

Year Built

  • Built in 1972

Lot Details

  • 0.6 Acre Lot
  • Native Plants
  • Corner Lot
  • Many Trees
  • Back Yard

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Garage Door Opener

Home Design

  • Traditional Architecture
  • Brick Veneer
  • Raised Foundation
  • Slab Foundation
  • Architectural Shingle Roof
  • Wood Siding
  • Lead Paint Disclosure

Interior Spaces

  • 1,902 Sq Ft Home
  • 3-Story Property
  • Entrance Foyer
  • Family Room with Fireplace
  • Living Room
  • Combination Kitchen and Dining Room

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom

Laundry

  • Laundry Room
  • Laundry on lower level

Schools

  • Reedy Creek Elementary And Middle School
  • Athens Dr High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • Septic Tank
  • Septic System

Community Details

  • No Home Owners Association
  • Medfield Estates Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0774062854

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,275

Year Built

Built in 1972

Lot Details

0

Parking

2

Listing Details

  • Year Built: 1972
  • Prop. Type: Residential
  • Horses: No
  • Subdivision Name: Medfield Estates
  • Above Grade Finished Sq Ft: 1902.0
  • Architectural Style: Traditional
  • Garage Yn: Yes
  • Unit Levels: Multi/Split
  • New Construction: No
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: Yes
  • Cooling Central Air: Yes
  • Foundation Details Slab: Yes
  • Interior Features KitchenDining Room Combination: Yes
  • Laundry Features Laundry Room: Yes
  • Flooring Carpet: Yes
  • Flooring Hardwood: Yes
  • Lot Features Hardwood Trees: Yes
  • Room Types Bedroom 2 Level: Main
  • Room Types Bedroom 3 Level: Upper
  • Room Types Bedroom 4 Level: Upper
  • Room Types Dining Room2: Yes
  • Room Types Family Room2: Yes
  • Architectural Style Traditional: Yes
  • Room Types Primary Bedroom Level: Upper
  • Room Types Living Room2: Yes
  • Levels MultiSplit: Yes
  • Water Source Community Water: Yes
  • General Property Information Enhanced Accessible2: No
  • General Property Information Horse YN2: No
  • Utilities Water Connected: Yes
  • General Property Information Above Grade Finished Area: 1902.0
  • Utilities Electricity Connected: Yes
  • Room Types Laundry2: Yes
  • Roof Architectural Shingle: Yes
  • Utilities Natural Gas Connected: Yes
  • Utilities Septic Connected: Yes
  • Disclosures Lead Based Paint: Yes
  • Laundry Features Lower Level: Yes
  • General Property Information Lot Size Square Feet2: 26136.0
  • Foundation Details Raised: Yes
  • General Property Information Lot Size Acres: 0.6
  • General Property Information Stories2: 3
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Flooring: Carpet, Hardwood
  • Interior Amenities: Entrance Foyer, Kitchen/Dining Room Combination, Pantry
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Family Room
  • Fireplaces: 1
  • Total Bedrooms: 8
  • Stories: 3
  • Interior Features:Entrance Foyer: Yes
  • Interior Features:Pantry: Yes
  • Fireplace Features:Family Room: Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Roof: Architectural Shingle
  • Acres: 0.6
  • Disclosures: Lead Based Paint, Seller Disclosure
  • Construction Type: Brick Veneer, Wood Siding
  • Foundation Details: Raised, Slab
  • Lot Features:Landscaped: Yes
  • Construction Materials:Brick Veneer: Yes
  • Construction Materials:Wood Siding: Yes
  • Lot Features:Corner Lot: Yes
  • Lot Features:Back Yard2: Yes
  • Lot Features:Many Trees: Yes
  • Lot Features:Native Plants: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Open Parking: No
  • Parking Features: Garage, Garage Door Opener, Garage Faces Front
  • Total Parking Spaces: 4.0
  • Parking Features:Garage: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Garage Faces Front: Yes
  • General Property Information:Garage Spaces: 2.0
  • General Property Information:Attached Garage YN: Yes
  • General Property Information:Parking Total: 4.0
  • General Property Information:Open Parking YN2: No

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Septic Connected, Water Connected
  • Heating: Forced Air, Natural Gas
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Community Water
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Ninth Grade High School: Wake - Athens Dr
  • Middle Or Junior School: Wake - Reedy Creek

Lot Info

  • Lot Size Sq Ft: 26136.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 0774062854

Tax Info

  • Tax Annual Amount: 1275.38
  • Tax Year: 2023

MLS Schools

  • Elementary School: Wake - Reedy Creek

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 14, 2024
Closed on
Jun 4, 2024
Sold by
Andrews Lynwood Lee and Edmundson Lezer Renee
Bought by
Moga Marioara and Moga Niculae
Seller's Agent
George Patrick III
Berkshire Hathaway HomeService
Buyer's Agent
Maria Moga
ERA Pacesetters Realty
List Price
$499,000
Sold Price
$475,000
Premium/Discount to List
-$24,000
-4.81%
Views
207
Current Estimated Value
$505,147

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,147
Avg. Annual Appreciation
5.26%
Original Mortgage
$380,000
Outstanding Balance
$372,599
Interest Rate
7.1%
Mortgage Type
New Conventional
Estimated Equity
$132,548

Purchase Details

Closed on
Feb 28, 1994
Bought by
Andrews Lynwood Lee and Andrews Tezer K
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
Moga Marioara $475,000 None Listed On Document
Andrews Lynwood Lee $132,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moga Marioara $380,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/04/2024 06/04/24 Sold $475,000 -4.8% $250 / Sq Ft
05/08/2024 05/08/24 Off Market $499,000 -- --
05/07/2024 05/07/24 For Sale $499,000 0.0% $262 / Sq Ft
05/04/2024 05/04/24 For Sale $499,000 0.0% $262 / Sq Ft
04/14/2024 04/14/24 For Sale $499,000 -- $262 / 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 $1,450 $460,637 $195,000 $265,637
2023 $1,275 $322,015 $138,000 $184,015
2022 $1,183 $322,015 $138,000 $184,015
2021 $1,151 $322,015 $138,000 $184,015
2020 $1,133 $322,015 $138,000 $184,015
2019 $2,151 $260,980 $108,000 $152,980
2018 $1,978 $260,980 $108,000 $152,980
2017 $1,876 $260,980 $108,000 $152,980
2016 $1,838 $260,980 $108,000 $152,980
2015 -- $218,482 $66,000 $152,482
2014 $1,458 $218,482 $66,000 $152,482
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 10023016

Doorify MLS

APN: 0774.09-06-2854-000