NOT LISTED FOR SALE

1521 Meadows Bank Way Raleigh, NC 27603

Estimated Value: $923,371 - $984,000

4 Beds
4.5 Baths
4,278 Sq Ft
$226/Sq Ft Est. Value

Last Sold October 06, 2021

Last sale price $827,736 $193 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $5,599/month

11 Days on Market

Highlights

  • Two Primary Bedrooms
  • Transitional Architecture
  • High Ceiling
  • Deck
  • Main Floor Primary Bedroom
  • Quartz Countertops

About This Home

As of October 2021

Breathtaking better than new home w/immaculate attention to detail & flooded w/ natural light. An entertainer's dream- gorgeous chef?s kitchen w/quartz countertops opening to a generous family room & formal dining. Grand 2-story & 10 ft ceilings on main, beautiful stone fireplace, stunning owner's bath w/incredible shower, massive closet & plentiful storage. 1st floor in-law suite. Spacious screened porch & deck overlooks expansive, fully fenced yard w/beautiful landscaping, & mature trees on 0.69 acres.

Last Agent to Sell the Property

Stacey Gonyeau

Corcoran DeRonja Real Estate License #289672 Listed on: 08/10/2021

Last Buyer's Agent

Gina Laad

Realty Passion License #325154

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,332

Year Built

  • Built in 2019

Lot Details

  • 0.69 Acre Lot
  • Fenced Yard
  • Irrigation Equipment
  • Landscaped with Trees

HOA Fees

  • $82 Monthly HOA Fees

Parking

  • 3 Car Garage
  • Side Facing Garage
  • Private Driveway

Home Design

  • Transitional Architecture
  • Brick or Stone Mason
  • Stone

Interior Spaces

  • 4,278 Sq Ft Home
  • 2-Story Property
  • Tray Ceiling
  • Smooth Ceilings
  • High Ceiling
  • Gas Log Fireplace
  • Entrance Foyer
  • Family Room with Fireplace
  • Breakfast Room
  • Dining Room
  • Screened Porch
  • Utility Room
  • Crawl Space
  • Unfinished Attic
  • Home Security System

Kitchen

  • Electric Cooktop
  • Dishwasher
  • Quartz Countertops

Flooring

  • Carpet
  • Tile
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Double Master Bedroom
  • Walk-In Closet
  • Double Vanity
  • Separate Shower in Primary Bathroom
  • Soaking Tub
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on main level

Outdoor Features

  • Deck
  • Patio
  • Exterior Lighting
  • Rain Gutters

Schools

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

Utilities

  • Cooling Available
  • Heat Pump System
  • Electric Water Heater
  • Septic Tank

Community Details

Overview

  • Cas Association
  • Built by Caruso
  • Meadows Of Banks Subdivision, Charlotte Floorplan

Recreation

  • Community Playground
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,332

Year Built

Built in 2019

Lot Details

0

HOA Fees

$82 per month

Parking

3

Listing Details

  • Builder Name: Caruso
  • Builder Model: Charlotte
  • Year Built: 2019
  • Prop. Type: Residential
  • Subdivision Name: Meadows of Banks
  • Above Grade Finished Sq Ft: 4278.0
  • Architectural Style: Transitional
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Contract Information Ownership Type: Other
  • General Property Information Above Grade Unfinished Area: 432.0
  • General Property Information Total Unfinished Area2: 432.0
  • General Property Information Lot Size Dimensions: See Survey
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: Yes
  • Architectural Style Transitional: Yes
  • Flooring Luxury Vinyl: Yes
  • Flooring Tile: Yes
  • Laundry Features Laundry Room: Yes
  • Laundry Features Main Level: Yes
  • Structure Type Site Built: Yes
  • Flooring Carpet: 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 Dining Room2: Yes
  • Room Types Family Room2: Yes
  • Room Types Primary Bedroom Level: M
  • Room Types Utility Room: Yes
  • Room Types Breakfast Room: Yes
  • Security Features Security System: Yes
  • Attic Features Unfinished2: Yes
  • Water Source Community Water: Yes
  • Other Equipment Irrigation Equipment: Yes
  • Interior Features Second Primary Bedroom: Yes
  • General Property Information Above Grade Finished Area: 4278.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 30056.4
  • General Property Information Lot Size Acres: 0.69
  • General Property Information Builder Name: Caruso
  • General Property Information Builder Model: Charlotte
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Luxury Vinyl, Tile
  • Interior Amenities: Double Vanity, Entrance Foyer, High Ceilings, Primary Downstairs, Quartz Counters, Second Primary Bedroom, Separate Shower, Smooth Ceilings, Soaking Tub, Tray Ceiling(s), Walk-In Closet(s), Walk-In Shower
  • Basement: Crawl Space
  • Appliances: Dishwasher, Electric Cooktop, Electric Water Heater
  • Basement YN: No
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Family Room, Gas Log
  • Fireplaces: 1
  • Total Bedrooms: 14
  • Appliances Dishwasher: Yes
  • Community Features:Playground2: Yes
  • Community Features:Pool2: Yes
  • Interior Features:Double Vanity: Yes
  • Interior Features:Entrance Foyer: Yes
  • Interior Features:High Ceilings: Yes
  • Interior Features:Primary Downstairs: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Walk-In Shower: Yes
  • Basement:Crawl Space: Yes
  • Fireplace Features:Family Room: Yes
  • Interior Features:Quartz Counters: Yes
  • Interior Features:Tray Ceiling(s): Yes
  • Appliances:Electric Water Heater: Yes
  • Fireplace Features:Gas Log: Yes
  • Appliances:Electric Cooktop: Yes
  • Interior Features:Soaking Tub: Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Exterior Features: Fenced Yard, Lighting, Rain Gutters
  • Acres: 0.69
  • Construction Type: Fiber Cement, Stone
  • Patio And Porch Features: Covered, Deck, Patio, Porch, Screened
  • Construction Materials:Fiber Cement: 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:Covered2: Yes
  • Construction Materials:Stone: Yes
  • Patio And Porch Features:Patio: Yes
  • Patio And Porch Features:Deck2: Yes
  • Exterior Features:Fenced - Yard: Yes
  • Exterior Features:Lighting: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 3.0
  • Parking Features: Concrete, Driveway, Garage, Garage Faces Side
  • Parking Features:Garage: Yes
  • Parking Features:Concrete4: Yes
  • Parking Features:Driveway: Yes
  • Parking Features:Garage Faces Side: Yes
  • General Property Information:Garage Spaces: 3.0

Utilities

  • Heating: Electric, Heat Pump
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Community Water
  • Heating:Electric4: Yes
  • Heating:Heat Pump2: Yes
  • Sewer Septic Tank: Yes
  • HeatingCooling:Heat Pump: Yes

Condo/Co-op/Association

  • Community Features: Playground, Pool
  • Association Fee: 245.0
  • Association Fee Frequency: Quarterly
  • Association Name: CAS
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: CAS
  • Association Amenities:Pool: Yes
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 245.0
  • General Property Information:Association Fee Frequency: Quarterly

Schools

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

Lot Info

  • Lot Dimensions: See Survey
  • Lot Size Sq Ft: 30056.4
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4332.0
  • Tax Year: 2021

MLS Schools

  • Elementary School: Wake County Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 10, 2021
Closed on
Sep 29, 2021
Sold by
Castellucci Irma A
Bought by
Jampana Varma and Jampana Mithravinda
Seller's Agent
Stacey Gonyeau
Corcoran DeRonja Real Estate
Buyer's Agent
Gina Laad
Realty Passion
List Price
$849,900
Sold Price
$827,736
Premium/Discount to List
-$22,164
-2.61%
Current Estimated Value
$966,843

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$139,107
Avg. Annual Appreciation
3.90%
Original Mortgage
$548,000
Outstanding Balance
$421,106
Interest Rate
2.1%
Mortgage Type
New Conventional
Estimated Equity
$545,737

Purchase Details

Closed on
Nov 19, 2019
Sold by
Caruso Builder Meadows Of Banks Llc
Bought by
Castellucci Irma A and Castellucci Victor J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$376,823
Interest Rate
3.5%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Jampana Varma $828,000 None Available
Castellucci Irma A $685,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jampana Varma $548,000
Previous Owner Castellucci Irma A $376,823
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/15/2023 12/15/23 Off Market $827,736 -- --
10/06/2021 10/06/21 Sold $827,736 -2.6% $193 / Sq Ft
08/26/2021 08/26/21 Pending -- -- --
08/15/2021 08/15/21 For Sale $849,900 -- $199 / 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 $5,359 $834,678 $140,000 $694,678
2024 $5,203 $834,678 $140,000 $694,678
2023 $4,805 $613,723 $118,000 $495,723
2022 $4,452 $613,723 $118,000 $495,723
2021 $4,333 $613,723 $118,000 $495,723
2020 $4,222 $608,103 $118,000 $490,103
2019 $0 $75,000 $75,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2400905

Doorify MLS

APN: 0698.01-06-3926-000