NOT LISTED FOR SALE

1541 the Arts Dr Raleigh, NC 27603

South Raleigh Neighborhood

Estimated Value: $495,000 - $623,000

4 Beds
3 Baths
2,639 Sq Ft
$209/Sq Ft Est. Value

Sale Details

Date Sold: June 1, 2022

Last sale price $550,000 $208 Per Sq Ft

Current estimated payment $3,408 / mo

2 Days on Market

Highlights

  • Tennis Courts
  • Transitional Architecture
  • Main Floor Bedroom
  • Clubhouse
  • Wood Flooring
  • Bonus Room

About This Home

As of June 2022

MOVE-IN READY! Gorgeous 4 BR, 3 BA home located in desirable Renaissance Park neighborhood. Near downtown Raleigh with community pool and gym! Designed for comfort w/ features incl. 2-car garage, 2 story foyer, spacious bonus loft, gas fireplace in family room. Downstairs guest room w/full bath. Primary bedroom features tray ceiling, large WI closet and en-suite bathroom with garden tub, shower and double vanity. Landscaped backyard w/screened porch & patio. Open, wooded-backed lot for outdoor entertaining.

Last Agent to Sell the Property

S. Michael Mansour

Selling Directly License #214185 Listed on: 04/21/2022

Last Buyer's Agent

Pooja Kapur

EXP Realty LLC License #328533

EXP Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,396

Year Built

  • Built in 2011

Lot Details

  • 6,970 Sq Ft Lot
  • Landscaped

HOA Fees

  • $77 Monthly HOA Fees

Parking

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

Home Design

  • Transitional Architecture
  • Traditional Architecture
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 2,639 Sq Ft Home
  • 2-Story Property
  • Tray Ceiling
  • Smooth Ceilings
  • Ceiling Fan
  • Gas Log Fireplace
  • Entrance Foyer
  • Family Room with Fireplace
  • Breakfast Room
  • Dining Room
  • Bonus Room
  • Screened Porch
  • Pull Down Stairs to Attic
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Butlers Pantry
  • Electric Range
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • 3 Full Bathrooms
  • Double Vanity
  • Private Water Closet
  • Soaking Tub
  • Shower Only
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on upper level

Outdoor Features

  • Tennis Courts
  • Patio
  • Rain Gutters

Schools

  • Smith Elementary School
  • North Garner Middle School
  • Garner High School

Utilities

  • Forced Air Zoned Cooling and Heating System
  • Electric Water Heater

Community Details

Overview

  • Ppm Association, Phone Number (919) 848-4911
  • Renaissance Park Subdivision

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,396

Year Built

Built in 2011

Lot Details

6,970 Sq Ft Lot

HOA Fees

$77 per month

Parking

2

Listing Details

  • Year Built: 2011
  • Prop. Type: Residential
  • Subdivision Name: Renaissance Park
  • Above Grade Finished Sq Ft: 2639.0
  • 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: New survey needed.
  • 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
  • Foundation Details Slab: 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
  • Flooring Hardwood: Yes
  • Interior Features Smooth Ceilings: Yes
  • Levels Two: 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 Dining Room2: Yes
  • Room Types Family Room2: Yes
  • Architectural Style Traditional: Yes
  • Room Types Primary Bedroom Level: 2
  • Laundry Features Upper Level: Yes
  • Room Types Breakfast Room: Yes
  • Interior Features Shower Only: Yes
  • General Property Information Association Phone: 919-848-4911
  • General Property Information Above Grade Finished Area: 2639.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 6969.6
  • General Property Information Lot Size Acres: 0.16
  • General Property Information:Living Area3: 2639.0
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Hardwood
  • Interior Amenities: Butler's Pantry, Ceiling Fan(s), Double Vanity, Eat-in Kitchen, Entrance Foyer, Granite Counters, Pantry, Shower Only, Smooth Ceilings, Soaking Tub, Tray Ceiling(s), Walk-In Closet(s), Walk-In Shower, Water Closet
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Microwave, Plumbed For Ice Maker
  • Basement YN: No
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Family Room, Gas Log
  • Fireplaces: 1
  • Appliances Dishwasher: Yes
  • Appliances:Plumbed For Ice Maker: Yes
  • Community Features:Playground2: Yes
  • Community Features:Pool2: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Interior Features:Double Vanity: Yes
  • Interior Features:Entrance Foyer: Yes
  • Interior Features:Granite Counters: Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Walk-In Shower: Yes
  • Community Features:Street Lights: Yes
  • Fireplace Features:Family Room: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Interior Features:Tray Ceiling(s): Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Range: Yes
  • Fireplace Features:Gas Log: Yes
  • Interior Features:Soaking Tub: Yes
  • Interior Features:Butler_squote_s Pantry: Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Exterior Features: Rain Gutters, Tennis Court(s)
  • Acres: 0.16
  • Construction Type: Vinyl Siding
  • Foundation Details: Slab
  • Patio And Porch Features: Covered, Patio, Porch, Screened
  • 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:Vinyl Siding: Yes
  • Patio And Porch Features:Patio: Yes
  • Exterior Features:Tennis Court(s)3: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Concrete, Driveway, Garage, Garage Faces Front
  • Parking Features:Attached: Yes
  • Parking Features:Garage: Yes
  • Parking Features:Concrete4: Yes
  • Parking Features:Driveway: Yes
  • Parking Features:Garage Faces Front: Yes
  • General Property Information:Garage Spaces: 2.0

Utilities

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

Condo/Co-op/Association

  • Community Features: Playground, Pool, Street Lights
  • Association Fee: 231.0
  • Association Fee Frequency: Quarterly
  • Association Name: PPM
  • Phone: 919-848-4911
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: PPM
  • Association Amenities:Pool: Yes
  • Association Amenities:Tennis Courts: Yes
  • Association Amenities:Clubhouse: Yes
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 231.0
  • General Property Information:Association Fee Frequency: Quarterly

Schools

  • Ninth Grade High School: Wake - Garner
  • Middle Or Junior School: Wake - North Garner

Lot Info

  • Lot Dimensions: New survey needed.
  • Lot Size Sq Ft: 6969.6
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3396.0
  • Tax Year: 2021

MLS Schools

  • Elementary School: Wake - Smith

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 21, 2022
Closed on
Jun 1, 2022
Sold by
Shields and Cameron
Bought by
Durairaj Saravana Selvi and Malayandi Jeyakannan
Seller's Agent
S. Michael Mansour
Selling Directly
Buyer's Agent
Pooja Kapur
EXP Realty LLC
List Price
$525,000
Sold Price
$550,000
Premium/Discount to List
$25,000
4.76%
Current Estimated Value
$552,285

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,285
Avg. Annual Appreciation
0.11%
Original Mortgage
$495,000
Outstanding Balance
$470,291
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$81,994

Purchase Details

Closed on
Dec 5, 2014
Sold by
Blankenship Michael T
Bought by
Reed Cameron and Shields Daniel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$263,145
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 6, 2012
Sold by
Amelia Park Llc
Bought by
Blankenship Michael T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$254,911
Interest Rate
4.07%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Durairaj Saravana Selvi $550,000 Jackson Law Pc
Reed Cameron $268,000 None Available
Blankenship Michael T $255,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Durairaj Saravana Selvi $495,000
Previous Owner Reed Cameron $263,145
Previous Owner Blankenship Michael T $254,911
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/15/2023 12/15/23 Off Market $550,000 -- --
06/01/2022 06/01/22 Sold $550,000 +4.8% $208 / Sq Ft
04/30/2022 04/30/22 Pending -- -- --
04/28/2022 04/28/22 For Sale $525,000 -- $199 / 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 $4,591 $524,100 $120,000 $404,100
2024 $4,572 $524,100 $120,000 $404,100
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2022

    S. Michael Mansour

    Selling Directly

    (919) 656-4714

    6 in this area

    120 Total Sales

    S. Michael Mansour
    Section Image

  • P

    Buyer's Agent in 2022

    Pooja Kapur

    EXP Realty LLC

    (919) 527-8245

    2 in this area

    67 Total Sales

    Pooja Kapur
    Section Image
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Map

Source: Doorify MLS

MLS Number: 2443990

Doorify MLS

APN: 1702.17-01-4998-000

North Carolina Wake County Raleigh 27603 South Raleigh

1541 the Arts Dr, Raleigh, NC

Not Listed for Sale

Detached

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