NOT LISTED FOR SALE

1520 Adams Mountain Rd Raleigh, NC 27614

Falls Lake Neighborhood

Estimated Value: $883,000 - $1,214,000

3 Beds
4 Baths
3,800 Sq Ft
$288/Sq Ft Est. Value

Last Sold May 23, 2022

Last sale price $975,000 $257 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $6,600/month

2 Days on Market

Highlights

  • Tennis Courts
  • Home Theater
  • 3.8 Acre Lot
  • Brassfield Elementary School Rated A-
  • Gated Community
  • Clubhouse

About This Home

As of May 2022

Stunning Executive Home nestled on 3.8 acres in the gated swim/tennis community of Adams Mountain! This private wooded retreat is close to it all; 540, Falls Lake, shopping, & dining. You will love the amazing views from the wall of windows, gleaming hardwood floors, and fabulous open kitchen w/ island cooktop & double oven. Multiple areas for entertaining or relaxing in the private, serene outdoor oasis w/ screened porch & 2-tiered deck. Theatre Rm, huge Bonus Rm, Office, 5 car Garage, and so much more!

Last Agent to Sell the Property

Angie Cole

A Cole Realty LLC License #254201 Listed on: 04/19/2022

Last Buyer's Agent

Tiffany Alexy

Fathom Realty NC License #275619

Fathom Realty NC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,649

Year Built

  • Built in 1998

Lot Details

  • 3.8 Acre Lot
  • Secluded Lot
  • Landscaped with Trees
  • Garden

HOA Fees

  • $156 Monthly HOA Fees

Parking

  • 5 Car Garage
  • Workshop in Garage
  • Side Facing Garage
  • Garage Door Opener
  • Private Driveway

Home Design

  • Transitional Architecture
  • Brick Veneer

Interior Spaces

  • 3,800 Sq Ft Home
  • 3-Story Property
  • Wet Bar
  • Bookcases
  • Coffered Ceiling
  • High Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Insulated Windows
  • Entrance Foyer
  • Family Room with Fireplace
  • Living Room
  • Breakfast Room
  • Dining Room
  • Home Theater
  • Home Office
  • Bonus Room
  • Screened Porch
  • Storage
  • Utility Room
  • Crawl Space
  • Finished Attic

Kitchen

  • Eat-In Kitchen
  • Built-In Double Oven
  • Gas Cooktop
  • Plumbed For Ice Maker
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Private Water Closet
  • Whirlpool Bathtub
  • Shower Only in Primary Bathroom

Laundry

  • Laundry Room
  • Laundry on main level

Accessible Home Design

  • Accessible Washer and Dryer

Outdoor Features

  • Tennis Courts
  • Deck
  • Separate Outdoor Workshop
  • Rain Gutters

Schools

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

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Propane
  • Heat Pump System
  • Gas Water Heater
  • Septic Tank
  • Cable TV Available

Community Details

Overview

  • Adams Mountain HOA
  • Adams Mountain Subdivision

Recreation

  • Tennis Courts
  • Community Pool

Additional Features

  • Clubhouse
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,649

Year Built

Built in 1998

Lot Details

0

HOA Fees

$156 per month

Parking

5

Listing Details

  • Year Built: 1998
  • Prop. Type: Residential
  • Subdivision Name: Adams Mountain
  • Above Grade Finished Sq Ft: 3800.0
  • Architectural Style: Transitional
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Multi/Split, Three Or More
  • New Construction: No
  • Contract Information Ownership Type: Other
  • General Property Information Above Grade Unfinished Area: 238.0
  • General Property Information Total Unfinished Area2: 238.0
  • General Property Information Lot Size Dimensions: See Recorded Plat
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: Yes
  • Wall Oven: Yes
  • Architectural Style Transitional: Yes
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Interior Features Water Closet: Yes
  • Laundry Features Laundry Room: Yes
  • Laundry Features Main Level: Yes
  • Structure Type Site Built: Yes
  • Water Source Public: Yes
  • Cooling Zoned: Yes
  • Flooring Carpet: Yes
  • Flooring Hardwood: Yes
  • Interior Features Separate Shower: Yes
  • Lot Features Hardwood Trees: Yes
  • Room Types Bedroom 2 Level: 2
  • Room Types Bedroom 3 Level: 2
  • Room Types Bonus Room: Yes
  • Room Types Den2: Yes
  • Room Types Dining Room2: Yes
  • Room Types Family Room2: Yes
  • Room Types Office: Yes
  • Room Types Primary Bedroom Level: 2
  • Room Types Utility Room: Yes
  • Room Types Living Room2: Yes
  • Room Types Breakfast Room: Yes
  • Interior Features Shower Only: Yes
  • Utilities Cable Available: Yes
  • Levels Three Or More: Yes
  • Other Structures Workshop: Yes
  • Levels MultiSplit: Yes
  • Room Types Media Room: Yes
  • General Property Information Above Grade Finished Area: 3800.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 165528.0
  • General Property Information Lot Size Acres: 3.8
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Hardwood, Tile
  • Interior Amenities: Bookcases, Ceiling Fan(s), Coffered Ceiling(s), Eat-in Kitchen, Entrance Foyer, High Ceilings, Pantry, Separate Shower, Shower Only, Storage, Water Closet, Wet Bar, Whirlpool Tub
  • Basement: Crawl Space
  • Appliances: Dishwasher, Double Oven, Gas Cooktop, Gas Water Heater, Plumbed For Ice Maker, Wall Oven
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Family Room, Wood Burning
  • Fireplaces: 1
  • Total Bedrooms: 10
  • Appliances Dishwasher: Yes
  • Appliances:Gas Cooktop: Yes
  • Appliances:Plumbed For Ice Maker: Yes
  • Community Features:Pool2: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Interior Features:Entrance Foyer: Yes
  • Interior Features:High Ceilings: Yes
  • Interior Features:Pantry: Yes
  • Basement:Crawl Space: Yes
  • Community Features:Street Lights: Yes
  • Fireplace Features:Family Room: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Interior Features:Storage3: Yes
  • Appliances:Gas Water Heater: Yes
  • Fireplace Features:Wood Burning: Yes
  • Interior Features:Bookcases: Yes
  • Interior Features:Wet Bar: Yes
  • Appliances:Double Oven: Yes
  • Interior Features:Coffered Ceiling(s): Yes
  • Interior Features:Whirlpool Tub: Yes
  • Attic Features:Finished2: Yes
  • Security Features:Gated Community: Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Exterior Features: Rain Gutters, Tennis Court(s)
  • Acres: 3.8
  • Construction Type: Brick, Brick Veneer
  • Patio And Porch Features: Deck, Enclosed, Porch, Screened
  • Accessibility Features:Accessible WasherDryer: Yes
  • Exterior Features:Rain Gutters: Yes
  • Lot Features:Landscaped: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Screened: Yes
  • Patio And Porch Features:Deck2: Yes
  • Construction Materials:Brick Veneer: Yes
  • Lot Features:Garden2: Yes
  • Window Features:Insulated Windows: Yes
  • Construction Materials:Brick: Yes
  • Patio And Porch Features:Enclosed2: Yes
  • Exterior Features:Tennis Court(s)3: Yes
  • Lot Features:Secluded: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 5.0
  • Parking Features: Attached, Concrete, Detached, Driveway, Garage, Garage Door Opener, Garage Faces Side, Workshop in Garage
  • Parking Features:Attached: Yes
  • Parking Features:Garage: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Concrete4: Yes
  • Parking Features:Driveway: Yes
  • Parking Features:Garage Faces Side: Yes
  • Parking Features:Detached: Yes
  • Parking Features:Workshop in Garage: Yes
  • General Property Information:Garage Spaces: 5.0

Utilities

  • Utilities: Cable Available
  • Heating: Electric, Forced Air, Propane, Zoned
  • Cooling: Central Air, Heat Pump, Zoned
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Electric4: Yes
  • Heating:Forced Air: Yes
  • Heating:Zoned2: Yes
  • Sewer Septic Tank: Yes
  • HeatingCooling:Heat Pump: Yes
  • Heating:Propane2: Yes

Condo/Co-op/Association

  • Community Features: Pool, Street Lights
  • Association Fee: 156.0
  • Association Fee Frequency: Monthly
  • Association Name: Adams Mountain HOA
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: Adams Mountain HOA
  • Association Amenities:Pool: Yes
  • Association Amenities:Tennis Courts: Yes
  • Association Amenities:Clubhouse: Yes
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 156.0
  • General Property Information:Association Fee Frequency: Monthly

Schools

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

Lot Info

  • Lot Dimensions: See Recorded Plat
  • Lot Size Sq Ft: 165528.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4649.0

MLS Schools

  • Elementary School: Wake County Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2022
Closed on
May 12, 2022
Sold by
Charles Fleischmann Iv
Bought by
Levites Heather Ann and Meyer Taylor
Seller's Agent
Angie Cole
A Cole Realty LLC
Buyer's Agent
Tiffany Alexy
Fathom Realty NC
List Price
$850,000
Sold Price
$975,000
Premium/Discount to List
$125,000
14.71%
Current Estimated Value
$1,092,785

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$117,785
Avg. Annual Appreciation
3.70%
Original Mortgage
$710,400
Outstanding Balance
$670,117
Interest Rate
3.63%
Mortgage Type
New Conventional
Estimated Equity
$426,925

Purchase Details

Closed on
Jun 14, 2006
Sold by
Pritchard Cynthia Gail and Usery Billy
Bought by
Fleischmann Charles and Fleischmann Rebecca

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$629,100
Interest Rate
8.12%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Levites Heather Ann $975,000 Mccall Law Firm Pc
Fleischmann Charles $699,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Levites Heather Ann $710,400
Previous Owner Fleischmann Charles $629,100
Previous Owner Usrey Billy C $50,000
Previous Owner Usrey Billy C $249,000
Previous Owner Usrey Billy C $46,263
Previous Owner Usrey Billy C $196,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2023 12/15/23 Off Market $975,000 -- --
05/23/2022 05/23/22 Sold $975,000 +14.7% $257 / Sq Ft
04/24/2022 04/24/22 Pending -- -- --
04/22/2022 04/22/22 For Sale $850,000 -- $224 / 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 $5,881 $943,720 $318,000 $625,720
2023 $5,157 $658,802 $136,000 $522,802
2022 $4,778 $658,802 $136,000 $522,802
2021 $4,649 $658,802 $136,000 $522,802
2020 $4,572 $658,802 $136,000 $522,802
2019 $5,613 $684,768 $136,000 $548,768
2018 $5,159 $684,768 $136,000 $548,768
2017 $4,889 $684,768 $136,000 $548,768
2016 $4,789 $684,768 $136,000 $548,768
2015 $5,074 $727,763 $171,600 $556,163
2014 $4,809 $727,763 $171,600 $556,163
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2443358

Doorify MLS

APN: 1800.03-41-6215-000