Seller's Agent in 2021
Gretchen Coley
Compass -- Raleigh
(919) 526-0401
1,016 Total Sales
1701 Banbury Rd Raleigh, NC 27608
Estimated Value: $2,557,000 - $2,964,000
6
Beds
5.5
Baths
4,656
Sq Ft
$589/Sq Ft
Est. Value
Highlights
- New Construction
- Family Room with Fireplace
- Transitional Architecture
- Lacy Elementary Rated A
- Vaulted Ceiling
- 1-minute walk to Banbury Park
About This Home
As of October 2021If IT FACTOR is a thing then this home has it. Perched on the corner of Brooks and Banbury and stunning from every angle, it seems as though it was made for this corner. Light floods the casement windows illuminating the comfortable floor plan with large gathering spaces. Inside you will find chic comfort without stuffiness. The kitchen is incredible, the scullery perfection, and the dining and family room open to a large covered porch that gives privacy for the evening glass of wine in front of the fire.
Last Agent to Sell the Property
Compass -- Raleigh License #209948 Listed on: 07/29/2021
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,720
Year Built
- Built in 2021 | New Construction
Lot Details
- 0.43 Acre Lot
- Corner Lot
Parking
- 3 Car Garage
Home Design
- Transitional Architecture
- Frame Construction
- Stucco
Interior Spaces
- 4,656 Sq Ft Home
- 2-Story Property
- Bookcases
- Vaulted Ceiling
- Insulated Windows
- Mud Room
- Entrance Foyer
- Family Room with Fireplace
- 2 Fireplaces
- L-Shaped Dining Room
- Home Office
- Bonus Room
- Storage
- Laundry on upper level
- Utility Room
- Crawl Space
- Quartz Countertops
Flooring
- Wood
- Ceramic Tile
Bedrooms and Bathrooms
- 6 Bedrooms
- Main Floor Bedroom
- Walk-In Closet
Outdoor Features
- Outdoor Fireplace
- Rain Gutters
- Porch
Schools
- Lacy Elementary School
- Oberlin Middle School
- Broughton High School
Utilities
- Forced Air Zoned Heating and Cooling System
- Heating System Uses Natural Gas
- Tankless Water Heater
Community Details
Overview
- No Home Owners Association
- Built by DJF Builders
- Budleigh Subdivision
Recreation
- Trails
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 29, 2021
Closed on
Oct 26, 2021
Sold by
Colanco Development Llc
Bought by
Miller Robert Alexander
Seller's Agent
Gretchen Coley
Compass -- Raleigh
Buyer's Agent
Van Fletcher
Allen Tate/Raleigh-Glenwood
List Price
$2,250,000
Sold Price
$2,250,000
Total Days on Market
51
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$490,880
Avg. Annual Appreciation
5.65%
Original Mortgage
$1,680,000
Outstanding Balance
$1,551,811
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$1,189,069
Purchase Details
Closed on
Oct 28, 2020
Sold by
Colanco Company
Bought by
Colanco Company Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,088,000
Interest Rate
2.8%
Mortgage Type
Future Advance Clause Open End Mortgage
Purchase Details
Closed on
Sep 20, 2016
Sold by
Glover David Lewia
Bought by
Colanco Company
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$341,250
Interest Rate
3.43%
Mortgage Type
Future Advance Clause Open End Mortgage
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Miller Robert Alexander | $2,250,000 | None Available | |
| Colanco Company Llc | -- | None Available | |
| Colanco Company | $425,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Miller Robert Alexander | $232,000 | |
| Open | Miller Robert Alexander | $1,680,000 | |
| Previous Owner | Colanco Company Llc | $1,088,000 | |
| Previous Owner | Colanco Company | $341,250 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/15/2023 12/15/23 | Off Market | $2,250,000 | -- | -- |
| 10/28/2021 10/28/21 | Sold | $2,250,000 | 0.0% | $483 / Sq Ft |
| 09/26/2021 09/26/21 | Pending | -- | -- | -- |
| 08/06/2021 08/06/21 | For Sale | $2,250,000 | -- | $483 / Sq Ft |
Source: Doorify MLS
Tax History Compared to Growth
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 | $19,879 | $2,286,615 | $750,000 | $1,536,615 |
| 2023 | $19,015 | $1,742,695 | $485,000 | $1,257,695 |
| 2022 | $17,665 | $1,742,695 | $485,000 | $1,257,695 |
| 2021 | $4,719 | $485,000 | $485,000 | $0 |
| 2020 | $4,633 | $485,000 | $485,000 | $0 |
| 2019 | $3,187 | $275,000 | $275,000 | $0 |
| 2018 | $3,005 | $275,000 | $275,000 | $0 |
| 2017 | $2,861 | $275,000 | $275,000 | $0 |
| 2016 | $4,364 | $426,403 | $275,000 | $151,403 |
| 2015 | $4,892 | $470,496 | $321,360 | $149,136 |
| 2014 | $4,639 | $470,496 | $321,360 | $149,136 |
Source: Public Records
Agents Affiliated with this Home
-
Gretchen Coley
-
Van Fletcher
Buyer's Agent in 2021
Van Fletcher
Allen Tate/Raleigh-Glenwood
(919) 449-7535
208 Total Sales
Map
Source: Doorify MLS
MLS Number: 2398691
APN: 0795.19-70-4630-000
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Some IDX listings have been excluded from this IDX display. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. Listings marked with an icon are provided courtesy of the Doorify MLS, Inc. of North Carolina, Internet Data Exchange Database. Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property. Copyright 2025 Doorify MLS, Inc. of North Carolina. All rights reserved.
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