Seller's Agent in 2022
Mollie Owen
Hodge & Kittrell Sotheby's Int
(919) 602-2713
169 Total Sales
317 Cambridge Woods Way Raleigh, NC 27608
Estimated Value: $2,418,000 - $3,224,000
6
Beds
5.5
Baths
7,121
Sq Ft
$406/Sq Ft
Est. Value
Highlights
- Home Theater
- French Provincial Architecture
- Marble Flooring
- Lacy Elementary Rated A
- Fireplace in Primary Bedroom
- Main Floor Bedroom
About This Home
As of August 2022Exemplifying European-inspired elegance, this 7,100+ sq foot residence is surrounded by enchanting gardens, manicured lawns and multiple courtyards. The interior was completely renovated in 2008 with bespoke, modern finishes of the finest quality. The focal point is the two-story foyer with its grand, winding staircase perfectly framed by an impressive 15-foot wall of windows. Outdoor living is highlighted by a full grilling/kitchen area, lushly landscaped grounds and terraced brick patios, including the perfect spot for al fresco dining. A canopy of Japanese maples shades each of the seating areas. A quiet stream runs just behind the property, providing the ideal setting for outdoor entertaining or quiet reflection. A state-of-the-art kitchen, with its high-end, stainless appliances, 60” inset cabinetry and huge center island, functions as the heart of the home. Flanked by a sunny breakfast room and second kitchen prep area, the entire space opens to the backyard oasis. Located on a private, -acre, cul-de-sac lot, this home is convenient to every amenity Raleigh has to offer, yet feels worlds apart.
Last Agent to Sell the Property
Hodge & Kittrell Sotheby's Int License #183446 Listed on: 07/06/2022
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $17,694
Year Built
- Built in 1988
Lot Details
- 0.72 Acre Lot
- Lot Dimensions are 62x330x216x199
- Cul-De-Sac
- Landscaped
- Irrigation Equipment
Parking
- 2 Car Garage
- Garage Door Opener
- Private Driveway
Home Design
- French Provincial Architecture
- Traditional Architecture
- Brick Veneer
Interior Spaces
- 7,121 Sq Ft Home
- 3-Story Property
- Wet Bar
- Bookcases
- High Ceiling
- Gas Log Fireplace
- Entrance Foyer
- Family Room with Fireplace
- 3 Fireplaces
- Living Room with Fireplace
- Breakfast Room
- Dining Room
- Home Theater
- Home Office
- Bonus Room
- Utility Room
- Laundry on main level
- Home Gym
- Crawl Space
- Scuttle Attic Hole
- Home Security System
Kitchen
- Eat-In Kitchen
- Double Oven
- Gas Cooktop
- Range Hood
- Dishwasher
- Granite Countertops
Flooring
- Wood
- Carpet
- Radiant Floor
- Marble
- Tile
Bedrooms and Bathrooms
- 6 Bedrooms
- Main Floor Bedroom
- Fireplace in Primary Bedroom
- Walk-In Closet
- Double Vanity
- Private Water Closet
- Shower Only in Primary Bathroom
- Walk-in Shower
Outdoor Features
- Patio
- Exterior Lighting
- Outdoor Gas Grill
- Rain Gutters
Schools
- Lacy Elementary School
- Oberlin Middle School
- Broughton High School
Utilities
- Forced Air Zoned Heating and Cooling System
- Heating System Uses Natural Gas
- Electric Water Heater
Community Details
- No Home Owners Association
- Cambridge Subdivision
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 6, 2022
Closed on
Aug 3, 2022
Sold by
Norton and Annie
Bought by
Matthew Phipps Revocable Trust
Seller's Agent
Mollie Owen
Hodge & Kittrell Sotheby's Int
Buyer's Agent
Will McElroy
Dogwood Properties
List Price
$2,450,000
Sold Price
$2,550,000
Premium/Discount to List
$100,000
4.08%
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
$340,765
Avg. Annual Appreciation
5.14%
Original Mortgage
$2,000,000
Outstanding Balance
$1,928,731
Interest Rate
5.81%
Mortgage Type
New Conventional
Estimated Equity
$1,045,434
Purchase Details
Closed on
May 24, 2019
Sold by
Rohde Timothy L and Rohde Joanne R
Bought by
Norton James and Clark Annie
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
3.99%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 20, 2004
Sold by
Hord Fenton N and Hord Patricia H
Bought by
Rohde Timothy L and Rohde Joanne R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$892,500
Interest Rate
5.25%
Mortgage Type
Purchase Money 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 |
|---|---|---|---|
| Matthew Phipps Revocable Trust | $2,550,000 | City Of Oaks Law | |
| Norton James | $1,840,000 | None Available | |
| Rohde Timothy L | $1,275,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Matthew Phipps Revocable Trust | $2,000,000 | |
| Previous Owner | Norton James | $200,000 | |
| Previous Owner | Norton James | $463,250 | |
| Previous Owner | Rohde Joanne R | $499,000 | |
| Previous Owner | Rohde Timothy L | $892,500 | |
| Previous Owner | Rohde Timothy L | $892,500 | |
| Previous Owner | Hord Fenton N | $396,000 | |
| Previous Owner | Hord Fenton N | $400,000 | |
| Previous Owner | Hord Fenton N | $415,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/15/2023 12/15/23 | Off Market | $2,550,000 | -- | -- |
| 08/05/2022 08/05/22 | Sold | $2,550,000 | +4.1% | $358 / Sq Ft |
| 07/08/2022 07/08/22 | Pending | -- | -- | -- |
| 07/06/2022 07/06/22 | For Sale | $2,450,000 | -- | $344 / 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 | $21,103 | $2,427,537 | $843,750 | $1,583,787 |
| 2023 | $19,047 | $1,745,552 | $506,250 | $1,239,302 |
| 2022 | $17,694 | $1,745,552 | $506,250 | $1,239,302 |
| 2021 | $17,004 | $1,745,552 | $506,250 | $1,239,302 |
| 2020 | $16,694 | $1,745,552 | $506,250 | $1,239,302 |
| 2019 | $20,617 | $1,777,286 | $414,000 | $1,363,286 |
| 2018 | $19,439 | $1,777,286 | $414,000 | $1,363,286 |
| 2017 | $18,509 | $1,777,286 | $414,000 | $1,363,286 |
| 2016 | $18,127 | $1,777,286 | $414,000 | $1,363,286 |
| 2015 | $17,633 | $1,700,886 | $549,120 | $1,151,766 |
| 2014 | $16,719 | $1,700,886 | $549,120 | $1,151,766 |
Source: Public Records
Agents Affiliated with this Home
-
Mollie Owen
-
Rachel Lowe
Seller Co-Listing Agent in 2022
Rachel Lowe
Hodge & Kittrell Sotheby's Int
(336) 317-9389
170 Total Sales
-
Will McElroy
Buyer's Agent in 2022
Will McElroy
Dogwood Properties
(919) 931-3434
82 Total Sales
-
W
Buyer's Agent in 2022
William McElroy
Hodge & Kittrell Sotheby's Int
Map
Source: Doorify MLS
MLS Number: 2460365
APN: 0795.20-92-6062-000
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