NOT LISTED FOR SALE

1508 October Rd Raleigh, NC 27614

Estimated Value: $753,000 - $791,000

5 Beds
3 Baths
3,420 Sq Ft
$226/Sq Ft Est. Value

Last Sold December 14, 2022

Last sale price $700,000 $205 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $4,642/month

10 Days on Market

Highlights

  • Deck
  • Transitional Architecture
  • Main Floor Bedroom
  • Abbotts Creek Elementary School Rated A
  • Wood Flooring
  • Bonus Room

About This Home

As of December 2022

Stately home on over 1/2 lot in N. Raleigh! 2-story family room w/abundance of natural light & gas fireplace open to chef's kitchen & spacious breakfast area. Gorgeous kitchen features stainless appliances, granite countertops & center island. 1st fl office & guest suite w/full bath. Owners' suite has remodeled spa bath 2021 w/new walk-in shower, marble counters & dual sink vanity and private sitting rm. Newer roof 2019. Huge bonus rm! Large back yard w/wooded buffer for privacy. Convenient to I540 & miles of greenway trails!

Last Agent to Sell the Property

Jennifer Spencer

Spencer Properties License #189567 Listed on: 10/31/2022

Last Buyer's Agent

John Stammetti

All About You Realty License #311246

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,389

Year Built

  • Built in 1996

Lot Details

  • 0.67 Acre Lot
  • Lot Dimensions are 69x183x236x240
  • Fenced Yard
  • Corner Lot
  • Landscaped with Trees

HOA Fees

  • $23 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Side Facing Garage
  • Private Driveway

Home Design

  • Transitional Architecture
  • Traditional Architecture
  • Brick Exterior Construction

Interior Spaces

  • 3,420 Sq Ft Home
  • 2-Story Property
  • Plumbed for Central Vacuum
  • Smooth Ceilings
  • High Ceiling
  • Ceiling Fan
  • Screen For Fireplace
  • Gas Log Fireplace
  • Blinds
  • Mud Room
  • Entrance Foyer
  • Family Room with Fireplace
  • Breakfast Room
  • Dining Room
  • Home Office
  • Bonus Room
  • Utility Room
  • Laundry on main level
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Gas Range
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • 3 Full Bathrooms
  • Bathtub
  • Shower Only in Primary Bathroom

Attic

  • Attic Floors
  • Pull Down Stairs to Attic

Home Security

  • Home Security System
  • Fire and Smoke Detector

Accessible Home Design

  • Accessible Washer and Dryer

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Rain Gutters

Schools

  • Abbotts Creek Elementary School
  • Wakefield Middle School
  • Wakefield High School

Utilities

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

Community Details

  • Wake HOA
  • Wood Spring Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,389

Year Built

Built in 1996

Lot Details

0

HOA Fees

$23 per month

Parking

2

Listing Details

  • Year Built: 1996
  • Prop. Type: Residential
  • Subdivision Name: Wood Spring
  • Above Grade Finished Sq Ft: 3420.0
  • Architectural Style: Traditional, Transitional
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Contract Information Ownership Type: Other
  • General Property Information Lot Size Dimensions: 69x183x236x240
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: Yes
  • Appliances Microwave: Yes
  • Architectural Style Transitional: Yes
  • Attic Features Pull-Down Stairs: Yes
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Laundry Features Main Level: Yes
  • Security Features Smoke Detector(s): Yes
  • Sewer:Public Sewer: Yes
  • Structure Type Site Built: Yes
  • Water Source Public: Yes
  • Cooling Zoned: Yes
  • Flooring Carpet: Yes
  • Flooring Ceramic Tile: Yes
  • Flooring Hardwood: Yes
  • Interior Features Separate Shower: Yes
  • Interior Features Smooth Ceilings: Yes
  • Levels Two: Yes
  • Lot Features Hardwood Trees: Yes
  • Room Types Bedroom 2 Level: M
  • Room Types Bedroom 3 Level: 2
  • Room Types Bedroom 4 Level: 2
  • Room Types Bonus Room: Yes
  • Room Types Den2: Yes
  • Room Types Dining Room2: Yes
  • Room Types Family Room2: Yes
  • Architectural Style Traditional: Yes
  • Room Types Office: Yes
  • Room Types Primary Bedroom Level: 2
  • Room Types Bedroom 5 Level: 2
  • Room Types Utility Room: Yes
  • Room Types Breakfast Room: Yes
  • Interior Features Bathtub Only: Yes
  • Interior Features Shower Only: Yes
  • Utilities Cable Available: Yes
  • Security Features Security System: Yes
  • Fireplace Features Fireplace Screen: Yes
  • Room Types Mud Room: Yes
  • General Property Information Above Grade Finished Area: 3420.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 29185.2
  • Interior Features Central Vacuum Prewired: Yes
  • General Property Information Lot Size Acres: 0.67
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Ceramic Tile, Hardwood, Tile
  • Interior Amenities: Bathtub Only, Ceiling Fan(s), Central Vacuum Prewired, Eat-in Kitchen, Entrance Foyer, Granite Counters, High Ceilings, High Speed Internet, Pantry, Separate Shower, Shower Only, Smooth Ceilings, Walk-In Closet(s)
  • Basement: Crawl Space
  • Appliances: Dishwasher, Gas Range, Gas Water Heater, Microwave, Plumbed For Ice Maker, Range
  • Basement YN: No
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Fireplace Features: Family Room, Fireplace Screen, Gas Log
  • Fireplaces: 1
  • Total Bedrooms: 11
  • Appliances Dishwasher: Yes
  • Appliances:Plumbed For Ice Maker: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Interior Features:Entrance Foyer: Yes
  • Interior Features:Granite Counters: Yes
  • Interior Features:High Ceilings: Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Basement:Crawl Space: Yes
  • Fireplace Features:Family Room: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Fireplace Features:Gas Log: Yes
  • Appliances:Gas Water Heater: Yes
  • Attic Features:Floored: Yes
  • Appliances:Gas Range: Yes
  • Interior Features:High Speed Internet: Yes
  • Appliances Range: Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Exterior Features: Fenced Yard, Rain Gutters
  • Acres: 0.67
  • Home Warranty: No
  • Construction Type: Brick, Fiber Cement
  • Patio And Porch Features: Covered, Deck, Porch
  • Accessibility Features:Accessible WasherDryer: Yes
  • Construction Materials:Fiber Cement: Yes
  • Exterior Features:Rain Gutters: Yes
  • Lot Features:Landscaped: Yes
  • Patio and Porch Features:Porch: Yes
  • Window Features:Blinds: 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: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Concrete, Driveway, Garage, Garage Faces Side
  • Parking Features:Attached: Yes
  • Parking Features:Garage: Yes
  • Parking Features:Concrete4: Yes
  • Parking Features:Driveway: Yes
  • Parking Features:Garage Faces Side: Yes
  • General Property Information:Garage Spaces: 2.0

Utilities

  • Utilities: Cable Available
  • Heating: Electric, Forced Air, Zoned
  • Cooling: Central Air, Zoned
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Electric4: Yes
  • Heating:Forced Air: Yes
  • Heating:Zoned2: Yes

Condo/Co-op/Association

  • Association Fee: 275.0
  • Association Fee Frequency: Annually
  • Association Name: Wake HOA
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: Wake HOA
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 275.0
  • General Property Information:Association Fee Frequency: Annually

Schools

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

Lot Info

  • Lot Dimensions: 69x183x236x240
  • Lot Size Sq Ft: 29185.2
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4389.0
  • Tax Year: 2022

MLS Schools

  • Elementary School: Wake - Abbotts Creek

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 31, 2022
Closed on
Dec 11, 2022
Sold by
Loverso Frank and Loverso Elizabeth
Bought by
Stefanick Michael and Stefanick Kaitlyn
Seller's Agent
Jennifer Spencer
Spencer Properties
Buyer's Agent
John Stammetti
All About You Realty
List Price
$715,000
Sold Price
$700,000
Premium/Discount to List
-$15,000
-2.1%
Views
9
Current Estimated Value
$773,247

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$73,247
Avg. Annual Appreciation
3.55%
Original Mortgage
$495,000
Outstanding Balance
$475,745
Interest Rate
5.5%
Mortgage Type
New Conventional
Estimated Equity
$297,502

Purchase Details

Closed on
May 29, 2002
Sold by
Driscoll Glenn M and Stanner Jodi L
Bought by
Loverso Frank and Loverso Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$268,400
Interest Rate
6.92%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Stefanick Michael $700,000 --
Loverso Frank $335,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stefanick Michael $495,000
Previous Owner Loverso Frank $268,400
Closed Loverso Frank $50,325
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/15/2023 12/15/23 Off Market $700,000 -- --
12/14/2022 12/14/22 Sold $700,000 -2.1% $205 / Sq Ft
11/13/2022 11/13/22 Pending -- -- --
11/03/2022 11/03/22 For Sale $715,000 -- $209 / 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 $6,375 $728,708 $175,000 $553,708
2024 $6,349 $728,708 $175,000 $553,708
2023 $4,723 $431,505 $100,000 $331,505
2022 $4,389 $431,505 $100,000 $331,505
2021 $4,219 $431,505 $100,000 $331,505
2020 $4,142 $431,505 $100,000 $331,505
2019 $4,589 $394,219 $80,000 $314,219
2018 $4,327 $394,219 $80,000 $314,219
2017 $4,121 $394,219 $80,000 $314,219
2016 $4,036 $394,219 $80,000 $314,219
2015 $4,101 $394,083 $80,000 $314,083
2014 $3,889 $394,083 $80,000 $314,083
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Doorify MLS

MLS Number: 2481658

Doorify MLS

APN: 1729.03-30-0852-000