Seller's Agent in 2023
Pam Young
Pam Young Realty, LLC
(919) 810-4989
31 Total Sales
2312 Gresham Lake Rd Raleigh, NC 27615
Estimated Value: $488,000 - $542,000
3
Beds
3
Baths
2,156
Sq Ft
$237/Sq Ft
Est. Value
Highlights
- Two Primary Bedrooms
- Deck
- Wood Flooring
- West Millbrook Middle School Rated A-
- Ranch Style House
- No HOA
About This Home
As of November 2023Custom built brick ranch home back on the market due to changes in the buyer's circumstances. With repairs complete this beautiful home offers a variety of ownership options in an ideal location without HOA interference. Ask your agent for a copy of the home inspection report and list of repairs/improvements. With its classic style and midcentury modern charm, hardwood floors, freshly painted rooms, desirable floorplan, new roof(2022), new water heater(2020), new A/C unit(2023) and permitted, professionally built addition(2015) with its own private entrance, full bath and walk-in closet, this original owner home enjoys a prime location, protected from the city limits, yet close to parks, restaurants and conveniences. The secluded, fenced backyard with mature landscaping, multiple storage buildings, workshop, garden area and paths are an added bonus. Parking is ideal with the circular drive, oversized 2-car carport with parking pad and additional graveled parking beside the house. Do you need more space for multi-generational living, hobbies or work? Looking for a diverse investment opportunity? You have found it!
Last Agent to Sell the Property
Pam Young Realty, LLC License #285535 Listed on: 08/10/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,543
Year Built
- Built in 1969
Lot Details
- 0.68 Acre Lot
- Fenced Yard
- Landscaped with Trees
- Garden
- Property is zoned R-4
Home Design
- Ranch Style House
- Brick Exterior Construction
- Wood Siding
Interior Spaces
- 2,156 Sq Ft Home
- Bookcases
- Ceiling Fan
- Screen For Fireplace
- Gas Log Fireplace
- Fireplace Features Masonry
- Propane Fireplace
- Insulated Windows
- Blinds
- Entrance Foyer
- Family Room with Fireplace
- Living Room
- Dining Room
- Home Office
- Crawl Space
- Storm Windows
Kitchen
- Electric Range
- Microwave
- Plumbed For Ice Maker
- Dishwasher
Flooring
- Wood
- Carpet
- Tile
- Vinyl
Bedrooms and Bathrooms
- 3 Bedrooms
- Double Master Bedroom
- Walk-In Closet
- 3 Full Bathrooms
- Private Water Closet
- Bathtub with Shower
- Walk-in Shower
Laundry
- Laundry on main level
- Stacked Washer and Dryer
Attic
- Attic Fan
- Pull Down Stairs to Attic
Parking
- 2 Carport Spaces
- Circular Driveway
Outdoor Features
- Deck
- Patio
- Separate Outdoor Workshop
- Rain Gutters
- Porch
Schools
- North Ridge Elementary School
- West Millbrook Middle School
- Millbrook High School
Utilities
- Cooling Available
- Forced Air Heating System
- Heating System Uses Propane
- Wall Furnace
- Well
- Electric Water Heater
- Septic Tank
Community Details
- No Home Owners Association
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 10, 2023
Closed on
Nov 2, 2023
Sold by
Hughes Jon Lewis
Bought by
Malek Hamidreza
Seller's Agent
Pam Young
Pam Young Realty, LLC
Buyer's Agent
Darius Neshat
Real Broker, LLC
List Price
$475,000
Sold Price
$465,000
Premium/Discount to List
-$10,000
-2.11%
Views
76
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
$46,834
Avg. Annual Appreciation
5.13%
Original Mortgage
$418,500
Outstanding Balance
$410,755
Interest Rate
7.19%
Mortgage Type
New Conventional
Estimated Equity
$101,079
Purchase Details
Closed on
Jan 1, 1969
Bought by
Hughes Jon Lewis and Hughes Rachel M
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 |
|---|---|---|---|
| Malek Hamidreza | $465,000 | Tryon Title | |
| Hughes Jon Lewis | $22,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Malek Hamidreza | $418,500 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/18/2023 12/18/23 | Off Market | $465,000 | -- | -- |
| 11/03/2023 11/03/23 | Sold | $465,000 | -2.1% | $216 / Sq Ft |
| 09/23/2023 09/23/23 | Pending | -- | -- | -- |
| 09/14/2023 09/14/23 | For Sale | $475,000 | +2.2% | $220 / Sq Ft |
| 08/11/2023 08/11/23 | Off Market | $465,000 | -- | -- |
| 08/11/2023 08/11/23 | Pending | -- | -- | -- |
| 08/10/2023 08/10/23 | For Sale | $475,000 | -- | $220 / 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 |
|---|---|---|---|---|
| 2025 | $3,057 | $474,764 | $235,000 | $239,764 |
| 2024 | $2,968 | $474,764 | $235,000 | $239,764 |
| 2023 | $1,543 | $240,321 | $74,000 | $166,321 |
| 2022 | $1,431 | $240,321 | $74,000 | $166,321 |
| 2021 | $1,393 | $240,321 | $74,000 | $166,321 |
| 2020 | $1,370 | $240,321 | $74,000 | $166,321 |
| 2019 | $1,201 | $189,576 | $60,000 | $129,576 |
| 2018 | $1,105 | $189,576 | $60,000 | $129,576 |
| 2017 | $1,048 | $189,576 | $60,000 | $129,576 |
| 2016 | $0 | $189,005 | $60,000 | $129,005 |
| 2015 | -- | $149,895 | $56,000 | $93,895 |
| 2014 | -- | $149,895 | $56,000 | $93,895 |
Source: Public Records
Agents Affiliated with this Home
-
Pam Young
-
Darius Neshat
D
Buyer's Agent in 2023
Darius Neshat
Real Broker, LLC
(919) 521-7712
23 Total Sales
Map
Source: Doorify MLS
MLS Number: 2526156
APN: 1717.12-87-7491-000
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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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