NOT LISTED FOR SALE

1538 Michelle Dr Raleigh, NC 27614

Estimated Value: $480,000 - $588,000

4 Beds
2.5 Baths
2,473 Sq Ft
$215/Sq Ft Est. Value

Last Sold December 19, 2023

Last sale price $480,000 $194 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $3,269/month

54 Days on Market

Highlights

  • Traditional Architecture
  • Bonus Room
  • Covered Patio or Porch
  • Abbotts Creek Elementary School Rated A
  • Community Pool
  • Breakfast Room

About This Home

As of December 2023

Gorgeous North Raleigh home is back on the market! Features a bright, open floor plan. Has a formal living room & dining room. Entertain in a spacious family room w/gas log FP. Gourmet eat-in-kitchen with island. Primary Suite on upper level is a luxurious retreat with trey ceiling, large WIC, garden tub, and dual vanities. Plus 3 more bedrooms and a Bonus room with a closet providing flexibility (could be used as a 5th bedroom). Large fenced-in back yard with mature trees. Nearby is Bedford Village shopping area and Neuse River Greenway Trail with convenience to I-540.

Last Agent to Sell the Property

Tallie Griffith

ESP Realty License #299623 Listed on: 11/30/2023

Last Buyer's Agent

Megan Hackley

Hodge & Kittrell Sotheby's Int License #269653

Hodge & Kittrell Sotheby's Int

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,482

Year Built

  • Built in 2003

Lot Details

  • 6,098 Sq Ft Lot
  • Fenced Yard

HOA Fees

  • $15 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Private Driveway
  • 2 Open Parking Spaces

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 2,473 Sq Ft Home
  • 2-Story Property
  • Smooth Ceilings
  • Ceiling Fan
  • Gas Log Fireplace
  • Blinds
  • Entrance Foyer
  • Family Room with Fireplace
  • Living Room
  • Breakfast Room
  • Dining Room
  • Bonus Room
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Tile
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Private Water Closet
  • Soaking Tub
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on upper level
  • Dryer
  • Washer

Outdoor Features

  • Covered Patio or Porch
  • Rain Gutters

Schools

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

Utilities

  • Forced Air Zoned Cooling and Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 1729316647

Community Details

Overview

  • Association fees include ground maintenance
  • Towne Properties Association, Phone Number (919) 878-8787
  • Enclave At Falls River Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,482

Year Built

Built in 2003

Lot Details

0

HOA Fees

$15 per month

Parking

2

Listing Details

  • Year Built: 2003
  • Prop. Type: Residential
  • Reso Association Fee Includes: Maintenance Grounds
  • Subdivision Name: Enclave at Falls River
  • Above Grade Finished Sq Ft: 2473.0
  • Architectural Style: Traditional
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • General Property Information Above Grade Unfinished Area: 619.0
  • General Property Information Total Unfinished Area2: 619.0
  • General Property Information Lot Size Dimensions: 0
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: Yes
  • Appliances Microwave: Yes
  • Cooling Central Air: Yes
  • Flooring Luxury Vinyl: Yes
  • Flooring Tile: Yes
  • Interior Features Water Closet: 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
  • Cooling Zoned: Yes
  • Flooring Carpet: Yes
  • Interior Features Smooth Ceilings: Yes
  • Levels Two: Yes
  • Room Types Bedroom 2 Level: Second
  • Room Types Bedroom 3 Level: Second
  • Room Types Bedroom 4 Level: Second
  • Room Types Bonus Room: Yes
  • Room Types Dining Room2: Yes
  • Room Types Family Room2: Yes
  • Architectural Style Traditional: Yes
  • Room Types Primary Bedroom Level: Second
  • Laundry Features Upper Level: Yes
  • Appliances Refrigerators: Yes
  • Room Types Living Room2: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Room Types Breakfast Room: Yes
  • Interior Features Bathtub Only: Yes
  • Utilities Cable Available: Yes
  • Pool Features Swimming Pool ComFee: Yes
  • General Property Information Association Phone: 919-878-8787
  • Flooring Laminate: Yes
  • General Property Information Enhanced Accessible2: No
  • Room Types Entrance Hall: Yes
  • General Property Information Above Grade Finished Area: 2473.0
  • General Property Information Carport YN: No
  • Room Types Laundry2: Yes
  • General Property Information Lot Size Square Feet2: 6098.0
  • General Property Information Lot Size Acres: 0.14
  • General Property Information Stories2: 2
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Flooring: Carpet, Laminate, Luxury Vinyl, Tile
  • Interior Amenities: Bathtub Only, Ceiling Fan(s), Eat-in Kitchen, Entrance Foyer, Pantry, Smooth Ceilings, Soaking Tub, Walk-In Closet(s), Walk-In Shower, Water Closet
  • Appliances: Dishwasher, Dryer, Electric Range, Gas Water Heater, Microwave, Refrigerator, Washer
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Family Room, Gas Log
  • Fireplaces: 1
  • Total Bedrooms: 9
  • Stories: 2
  • Appliances Dishwasher: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Interior Features:Entrance Foyer: Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Walk-In Shower: Yes
  • Fireplace Features:Family Room: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Appliances:Electric Range: Yes
  • Fireplace Features:Gas Log: Yes
  • Appliances:Gas Water Heater: Yes
  • Interior Features:Soaking Tub: Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Exterior Features: Fenced Yard, Rain Gutters
  • Acres: 0.14
  • Construction Type: Brick, Vinyl Siding
  • Patio And Porch Features: Covered, Patio, Porch
  • Exterior Features:Rain Gutters: Yes
  • Patio and Porch Features:Porch: Yes
  • Window Features:Blinds: Yes
  • Patio And Porch Features:Covered2: Yes
  • Construction Materials:Vinyl Siding: Yes
  • Patio And Porch Features:Patio: Yes
  • Exterior Features:Fenced - Yard: Yes
  • Construction Materials:Brick: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Open Parking Spaces: 2.0
  • Open Parking: Yes
  • Parking Features: Asphalt, Driveway, Garage, Garage Door Opener
  • Total Parking Spaces: 2.0
  • Parking Features:Garage: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Driveway: Yes
  • Parking Features:Asphalt2: Yes
  • General Property Information:Garage Spaces: 2.0
  • General Property Information:Attached Garage YN: Yes
  • General Property Information:Parking Total: 2.0
  • General Property Information:Open Parking YN2: Yes
  • General Property Information:Open Parking Spaces2: 2.0

Utilities

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

Condo/Co-op/Association

  • Association Fee: 180.0
  • Association Fee Frequency: Annually
  • Association Name: Towne Properties
  • Phone: 919-878-8787
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: Towne Properties
  • Association Fee Includes:Maintenance Grounds2: Yes
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 180.0
  • General Property Information:Association Fee Frequency: Annually

Schools

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

Lot Info

  • Lot Dimensions: 0
  • Lot Size Sq Ft: 6098.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 1729316647

Tax Info

  • Tax Annual Amount: 3481.84
  • Tax Year: 2023
  • Tax Map Number: 25

MLS Schools

  • Elementary School: Wake County Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 30, 2023
Closed on
Dec 19, 2023
Sold by
Zambo Joseph K and Zambo Jennifer C
Bought by
Koons William and Koons Pamela Meier
Seller's Agent
Tallie Griffith
ESP Realty
Buyer's Agent
Megan Hackley
Hodge & Kittrell Sotheby's Int
List Price
$499,900
Sold Price
$480,000
Premium/Discount to List
-$19,900
-3.98%
Views
199
Current Estimated Value
$531,771

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,771
Avg. Annual Appreciation
6.44%

Purchase Details

Closed on
Nov 23, 2021
Sold by
Sims Clayton B and Sims Kristin
Bought by
Zambo Joseph K and Zambo Jennifer C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$352,000
Interest Rate
3.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 20, 2019
Sold by
Cocuzzi Michael A and Cocuzzi Natalie S
Bought by
Sims Hardiman N and Sims Clayton B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$287,910
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 16, 2006
Sold by
Crawford David E and Crawford Dlynn L
Bought by
Cocuzzi Michael A and Cocuzzi Natalie S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,900
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 13, 2003
Sold by
Pulte Home Corp
Bought by
Crawford David E and Crawford Dlynn L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,976
Interest Rate
5.43%
Mortgage Type
Purchase Money Mortgage
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
Koons William $480,000 Integrated Title
Zambo Joseph K $440,000 None Available
Sims Hardiman N $320,000 None Available
Cocuzzi Michael A $255,000 None Available
Crawford David E $207,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Zambo Joseph K $352,000
Previous Owner Sims Hardiman N $287,910
Previous Owner Cocuzzi Michael A $225,000
Previous Owner Cocuzzi Michael A $224,599
Previous Owner Cocuzzi Michael A $224,500
Previous Owner Cocuzzi Michael A $224,153
Previous Owner Cocuzzi Michael A $15,000
Previous Owner Cocuzzi Michael $225,400
Previous Owner Cocuzzi Michael A $199,900
Previous Owner Crawford David E $57,000
Previous Owner Crawford David E $165,976
Closed Crawford David E $31,120
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/19/2023 12/19/23 Sold $480,000 -4.0% $194 / Sq Ft
12/16/2023 12/16/23 Off Market $499,900 -- --
12/12/2023 12/12/23 For Sale $499,900 0.0% $202 / Sq Ft
12/05/2023 12/05/23 Pending -- -- --
11/07/2023 11/07/23 Pending -- -- --
10/26/2023 10/26/23 Price Changed $499,900 -2.0% $202 / Sq Ft
10/12/2023 10/12/23 For Sale $510,000 -- $206 / 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 $4,289 $491,491 $120,000 $371,491
2023 $3,483 $317,667 $74,000 $243,667
2022 $3,236 $317,667 $74,000 $243,667
2021 $3,111 $317,667 $74,000 $243,667
2020 $3,054 $317,667 $74,000 $243,667
2019 $3,137 $268,952 $74,000 $194,952
2018 $2,959 $268,952 $74,000 $194,952
2017 $2,818 $268,952 $74,000 $194,952
2016 $2,760 $268,952 $74,000 $194,952
2015 $2,798 $268,235 $74,000 $194,235
2014 $2,654 $268,235 $74,000 $194,235
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2536536

Doorify MLS

APN: 1729.03-31-6647-000