NOT LISTED FOR SALE

1503 Cherokee Dr Raleigh, NC 27608

Five Points Neighborhood

Estimated Value: $887,000 - $1,194,000

3 Beds
3.5 Baths
2,550 Sq Ft
$411/Sq Ft Est. Value

Sale Details

Date Sold: June 3, 2021

Last sale price $810,000 $318 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $6,162 / mo

2 Days on Market

Highlights

  • Deck
  • Cathedral Ceiling
  • Main Floor Primary Bedroom
  • Underwood Magnet Elementary School Rated A
  • Wood Flooring
  • 3-minute walk to Roanoke Park

About This Home

As of June 2021

A rare find! Beautiful brick bungalow overlooking Roanoke Park-tons of updates, large corner lot, & 2-car garage. Versatile floorpan w/3 bedrooms on main level. Master suite w/huge shower, walk-in closet & attached laundry. Upstairs space is great for office, bonus, & guest space. Tons of storage & secondary laundry in basement. Spacious deck & private fenced yard are perfect for entertaining. Enjoy the wonderful neighborhood coffee shop, brewery & all that 5 Points has to offer.Easy access to downtown.

Last Agent to Sell the Property

Adam O'Brien

Monarch Realty Co. License #303658 Listed on: 04/20/2021

Last Buyer's Agent

Patricia Hampton

Hampton & Company Real Estate License #269691

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,617

Year Built

  • Built in 1941

Lot Details

  • 11,761 Sq Ft Lot
  • Fenced Yard
  • Landscaped
  • Corner Lot

Parking

  • 2 Car Detached Garage
  • Workshop in Garage
  • Garage Door Opener

Home Design

  • Bungalow
  • Brick Exterior Construction

Interior Spaces

  • 2,550 Sq Ft Home
  • 1.5-Story Property
  • Bookcases
  • Smooth Ceilings
  • Cathedral Ceiling
  • Gas Log Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Home Office
  • Bonus Room
  • Storage
  • Utility Room
  • Basement
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Self-Cleaning Oven
  • Gas Range
  • Plumbed For Ice Maker
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry in multiple locations

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Rain Gutters

Schools

  • Wake County Schools Elementary And Middle School
  • Wake County Schools High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

Overview

  • No Home Owners Association
  • Association fees include unknown
  • Roanoke Park Subdivision

Recreation

  • Community Playground

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,617

Year Built

Built in 1941

Lot Details

0.27 Acres

Parking

2

Listing Details

  • Year Built: 1941
  • Prop. Type: Residential
  • Reso Association Fee Includes: Unknown
  • Subdivision Name: Roanoke Park
  • Above Grade Finished Sq Ft: 2550.0
  • Architectural Style: Bungalow
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One and One Half
  • New Construction: No
  • Contract Information Ownership Type: Other
  • General Property Information Below Grade Unfinished Area: 565.0
  • General Property Information Total Unfinished Area2: 565.0
  • General Property Information Lot Size Dimensions: X
  • General Property Information Basement YN: Yes
  • General Property Information Fireplace YN: Yes
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Interior Features BathtubShower Combination: Yes
  • Laundry Features Laundry Room: Yes
  • Security Features Smoke Detector(s): 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
  • Room Types Bedroom 2 Level: M
  • Room Types Bedroom 3 Level: M
  • 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
  • Room Types Utility Room: Yes
  • Room Types Living Room2: Yes
  • Utilities Cable Available: Yes
  • Remarks and Miscellaneous Syndication Remarks2: A rare find! Beautiful brick bungalow overlooking Roanoke Park-tons of updates, large corner lot, & 2-car garage. Versatile floorpan w/3 bedrooms on main level. Master suite w/huge shower, walk-in closet & attached laundry. Upstairs space is great for office, bonus, & guest space. Tons of storage & secondary laundry in basement. Spacious deck & private fenced yard are perfect for entertaining. Enjoy the wonderful neighborhood coffee shop, brewery & all that 5 Points has to offer.Easy access to downtown.
  • Architectural Style Bungalow: Yes
  • Levels One and One Half: Yes
  • Fencing Privacy: Yes
  • Laundry Features Multiple Locations: Yes
  • General Property Information Above Grade Finished Area: 2550.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 11761.2
  • General Property Information Lot Size Acres: 0.27
  • General Property Information:Living Area3: 2550.0
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Hardwood, Tile
  • Interior Amenities: Bathtub/Shower Combination, Bookcases, Cathedral Ceiling(s), Granite Counters, High Ceilings, High Speed Internet, Smooth Ceilings, Storage, Walk-In Closet(s), Walk-In Shower
  • Basement: Crawl Space
  • Appliances: Dishwasher, Electric Water Heater, Gas Range, Plumbed For Ice Maker, Self Cleaning Oven
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log
  • Fireplaces: 1
  • Appliances Dishwasher: Yes
  • Appliances:Plumbed For Ice Maker: Yes
  • Community Features:Playground2: Yes
  • Interior Features:Granite Counters: Yes
  • Interior Features:High Ceilings: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Walk-In Shower: Yes
  • Basement:Crawl Space: Yes
  • Interior Features:Storage3: Yes
  • Appliances:Electric Water Heater: Yes
  • Fireplace Features:Gas Log: Yes
  • Appliances:Self Cleaning Oven: Yes
  • Interior Features:Cathedral Ceiling(s): Yes
  • Interior Features:Bookcases: Yes
  • Appliances:Gas Range: Yes
  • Interior Features:High Speed Internet: Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Exterior Features: Fenced Yard, Rain Gutters
  • Fencing: Privacy
  • Acres: 0.27
  • Construction Type: Brick
  • Patio And Porch Features: Covered, Deck, Porch
  • Exterior Features:Rain Gutters: Yes
  • Lot Features:Landscaped: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Covered2: Yes
  • Patio And Porch Features:Deck2: Yes
  • Exterior Features:Fenced - Yard: Yes
  • Lot Features:Corner Lot: Yes
  • Construction Materials:Brick: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Detached, Garage, Garage Door Opener, Workshop in Garage
  • Parking Features:Garage: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Detached: Yes
  • Parking Features:Workshop in Garage: Yes
  • General Property Information:Garage Spaces: 2.0

Utilities

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

Condo/Co-op/Association

  • Community Features: Playground
  • Association: No

Schools

  • Ninth Grade High School: Wake County Schools
  • Middle Or Junior School: Wake County Schools

Lot Info

  • Lot Dimensions: X
  • Lot Size Sq Ft: 11761.2
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 5617.0

MLS Schools

  • Elementary School: Wake County Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 20, 2021
Closed on
Jun 2, 2021
Sold by
Broughton Erica and Broughton Michael
Bought by
Nakamoto Margaret and Nakamoto Zachary
Seller's Agent
Adam O'Brien
Monarch Realty Co.
Buyer's Agent
Patricia Hampton
Hampton & Company Real Estate
List Price
$775,000
Sold Price
$810,000
Premium/Discount to List
$35,000
4.52%
Current Estimated Value
$1,046,981

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$236,981
Avg. Annual Appreciation
5.38%
Original Mortgage
$99,750
Outstanding Balance
$90,048
Interest Rate
2.99%
Mortgage Type
New Conventional
Estimated Equity
$956,933

Purchase Details

Closed on
Jun 27, 2017
Sold by
Mekeel Jess and Mekeel Lara
Bought by
Broughton Erica M and Broughton Michael S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$396,000
Interest Rate
4.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 28, 2006
Sold by
Brenner Thomas L
Bought by
Patel Chirag L and Patel Laljibhai P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$211,100
Interest Rate
6.31%
Mortgage Type
Purchase Money Mortgage
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
Nakamoto Margaret $810,000 None Available
Broughton Erica M $495,000 None Available
Patel Chirag L $264,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nakamoto Margaret $99,750
Open Nakamoto Margaret $548,250
Previous Owner Broughton Erica M $396,000
Previous Owner Patel Chirag L $211,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/03/2021 06/03/21 Sold $810,000 +4.5% $318 / Sq Ft
04/23/2021 04/23/21 Pending -- -- --
04/21/2021 04/21/21 For Sale $775,000 -- $304 / 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 $7,344 $839,775 $500,850 $338,925
2024 $7,313 $839,775 $500,850 $338,925
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2021

    Adam O'Brien

    Monarch Realty Co.

  • Patricia Hampton

    Buyer's Agent in 2021

    Patricia Hampton

    Hampton & Company Real Estate

    (919) 538-4279

    2 in this area

    204 Total Sales

    Patricia Hampton
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Map

Source: Doorify MLS

MLS Number: 2378900

Doorify MLS

APN: 1704.11-66-6641-000

North Carolina Wake County Raleigh 27608 Five Points

1503 Cherokee Dr, Raleigh, NC

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