NOT LISTED FOR SALE

2405 Silver Lake Trail Raleigh, NC 27606

Crossroads Neighborhood

Estimated Value: $558,000 - $617,000

4 Beds
2.5 Baths
2,517 Sq Ft
$237/Sq Ft Est. Value

Last Sold September 30, 2022

Last sale price $520,000 $207 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $3,625/month

41 Days on Market

Highlights

  • Clubhouse
  • Transitional Architecture
  • 1 Fireplace
  • Deck
  • Wood Flooring
  • Community Pool

About This Home

As of September 2022

Open and bright home in West Raleigh. Hardwoods in foyer and dining, 1st floor office, large kitchen open to family room, large owners suite, bedroom 2 makes a great bonus room, large garage, Huge deck overlooking landscaped back yard ( Deck recently stained).

Last Agent to Sell the Property

Joe Alercia

RE/MAX United License #163402 Listed on: 06/22/2022

RE/MAX United

Last Buyer's Agent

Taylor Oldham

Choice Residential Real Estate License #314461

Choice Residential Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,362

Year Built

  • Built in 1999

Lot Details

  • 7,841 Sq Ft Lot

HOA Fees

  • $45 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Private Driveway

Home Design

  • Transitional Architecture
  • Vinyl Siding

Interior Spaces

  • 2,517 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Entrance Foyer
  • Family Room
  • Breakfast Room
  • Dining Room
  • Home Office

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • Deck
  • Porch

Schools

  • Dillard Elementary And Middle School
  • Athens Dr High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Heat Pump System
  • Gas Water Heater

Community Details

Overview

  • Association fees include storm water maintenance
  • Bryarton Subdivision

Amenities

  • Clubhouse

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,362

Year Built

Built in 1999

Lot Details

0

HOA Fees

$45 per month

Parking

2

Listing Details

  • Year Built: 1999
  • Prop. Type: Residential
  • Reso Association Fee Includes: Storm Water Maintenance
  • Subdivision Name: Bryarton
  • Above Grade Finished Sq Ft: 2517.0
  • Architectural Style: Transitional
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Contract Information Ownership Type: Other
  • General Property Information 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
  • Cooling Central Air: Yes
  • Structure Type Site Built: Yes
  • Flooring Carpet: Yes
  • Flooring Hardwood: Yes
  • Levels Two: Yes
  • Room Types Bedroom 2 Level: 2
  • Room Types Bedroom 3 Level: 2
  • Room Types Bedroom 4 Level: 2
  • Room Types Dining Room2: Yes
  • Room Types Family Room2: Yes
  • Room Types Office: Yes
  • Room Types Primary Bedroom Level: 2
  • Flooring Vinyl: Yes
  • Room Types Breakfast Room: Yes
  • General Property Information Above Grade Finished Area: 2517.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 7840.8
  • General Property Information Lot Size Acres: 0.18
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Hardwood, Vinyl
  • Interior Amenities: Entrance Foyer
  • Appliances: Gas Water Heater
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplaces: 1
  • Total Bedrooms: 7
  • Interior Features:Entrance Foyer: Yes
  • Community Features:Street Lights: Yes
  • Appliances:Gas Water Heater: Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Acres: 0.18
  • Construction Type: Vinyl Siding
  • Patio And Porch Features: Deck, Porch
  • Patio and Porch Features:Porch: Yes
  • Construction Materials:Vinyl Siding: Yes
  • Patio And Porch Features:Deck2: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Concrete, Driveway, Garage
  • Parking Features:Garage: Yes
  • Parking Features:Concrete4: Yes
  • Parking Features:Driveway: Yes
  • General Property Information:Garage Spaces: 2.0

Utilities

  • Heating: Heat Pump, Natural Gas
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Natural Gas: Yes
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Community Features: Street Lights
  • Association Fee: 136.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Association/Amenities

  • Association Amenities:Pool: Yes
  • Association Amenities:Clubhouse: Yes
  • General Property Information:Association Fee: 136.0
  • General Property Information:Association Fee Frequency: Quarterly

Schools

  • Ninth Grade High School: Wake - Athens Dr
  • Middle Or Junior School: Wake - Dillard

Lot Info

  • Lot Dimensions: See Survey
  • Lot Size Sq Ft: 7840.8
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3362.0
  • Tax Year: 2021

MLS Schools

  • Elementary School: Wake - Dillard

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 22, 2022
Closed on
Sep 30, 2022
Sold by
Beattie Steven Taylor and Beattie Laura J
Bought by
Foster Cory and Foster Paige
Seller's Agent
Joe Alercia
RE/MAX United
Buyer's Agent
Taylor Oldham
Choice Residential Real Estate
List Price
$550,000
Sold Price
$520,000
Premium/Discount to List
-$30,000
-5.45%
Current Estimated Value
$595,652

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$75,652
Avg. Annual Appreciation
4.70%
Original Mortgage
$455,000
Outstanding Balance
$434,897
Interest Rate
5.13%
Mortgage Type
New Conventional
Estimated Equity
$160,755

Purchase Details

Closed on
Oct 24, 2013
Sold by
Odum Mitchell
Bought by
Beattie Steven Taylor

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,500
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 27, 1999
Sold by
Centex Homes
Bought by
Odum Mitchell and Shearin Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,160
Interest Rate
6.84%
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
Foster Cory $520,000 Investors Title
Beattie Steven Taylor $265,500 None Available
Odum Mitchell $223,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Foster Cory $455,000
Previous Owner Beattie Steven Taylor $228,000
Previous Owner Beattie Steven Taylor $238,500
Previous Owner Odum Mitchell $225,735
Previous Owner Odum Mitchell $219,675
Previous Owner Odum Mitchell $196,300
Previous Owner Odum Mitchell $45,900
Previous Owner Shearin Susuan G $40,000
Previous Owner Odum Mitchell $205,160
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2023 12/15/23 Off Market $520,000 -- --
09/30/2022 09/30/22 Sold $520,000 -5.5% $207 / Sq Ft
08/02/2022 08/02/22 Pending -- -- --
06/22/2022 06/22/22 For Sale $550,000 -- $219 / 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 $4,888 $558,170 $180,000 $378,170
2024 $4,868 $558,170 $180,000 $378,170
2023 $3,763 $343,427 $70,000 $273,427
2022 $3,497 $343,427 $70,000 $273,427
2021 $3,362 $343,427 $70,000 $273,427
2020 $3,300 $343,427 $70,000 $273,427
2019 $3,393 $291,053 $74,000 $217,053
2018 $3,200 $291,053 $74,000 $217,053
2017 $3,048 $291,053 $74,000 $217,053
2016 $2,985 $291,053 $74,000 $217,053
2015 -- $268,023 $68,000 $200,023
2014 $2,651 $268,023 $68,000 $200,023
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2457674

Doorify MLS

APN: 0782.05-08-1120-000