NOT LISTED FOR SALE

Estimated Value: $1,872,000 - $2,284,985

5 Beds
4.5 Baths
4,942 Sq Ft
$415/Sq Ft Est. Value

Last Sold May 31, 2023

Last sale price $2,350,000 $476 Per Sq Ft

Est. 13% decrease in value since last sale

Current estimated payment $12,562/month

Highlights

  • Heated In Ground Pool
  • Cape Cod Architecture
  • Deck
  • Finished Room Over Garage
  • Fireplace in Primary Bedroom
  • Wood Flooring

About This Home

As of May 2023

Look no further than this fully-renovated, move-in ready estate home in The Oaks with a private oasis backyard. An indoor-outdoor open floor plan made for entertaining. Don't be fooled by its subtle appearance from the exterior, this home lives large! Engineered hardwoods throughout the main level with an elegant kitchen and main-level primary suite. Kitchen features quartz countertops, wall-to-wall windows, enormous center island with seating room, Wolf range and double wall ovens. Separate dining room, living room on the main level as well. Primary suite features a fireplace, bathroom with steam shower, ample cabinetry and dual floating vanities with quartz counters.

Last Agent to Sell the Property

Martha Bick

Hodge&KittrellSothebysIntlRlty License #192074 Listed on: 04/25/2023

Hodge&KittrellSothebysIntlRlty

Co-Listed By

Phil Bick

Hodge&KittrellSothebysIntlRlty License #298266

Last Buyer's Agent

Jay Kennihan

Chapel Hill Realty Group, Inc. License #221204

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,800

Year Built

  • Built in 2001

Lot Details

  • 0.5 Acre Lot
  • Fenced Yard
  • Irrigation Equipment

HOA Fees

  • $8 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Finished Room Over Garage
  • Workshop in Garage
  • Private Driveway

Home Design

  • Cape Cod Architecture
  • Traditional Architecture

Interior Spaces

  • 4,942 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Central Vacuum
  • High Ceiling
  • Gas Fireplace
  • Entrance Foyer
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room
  • Dining Room
  • Bonus Room
  • Storage
  • Utility Room
  • Home Gym
  • Crawl Space
  • Pull Down Stairs to Attic
  • Home Security System

Kitchen

  • Eat-In Kitchen
  • Butlers Pantry
  • Double Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Quartz Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Double Vanity
  • Private Water Closet
  • Shower Only
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Heated In Ground Pool
  • Deck
  • Covered patio or porch
  • Rain Gutters

Schools

  • Creekside Elementary School
  • Githens Middle School
  • Jordan High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Power Generator
  • Gas Water Heater

Community Details

  • Association fees include unknown
  • Oaks Iii HOA
  • The Oaks Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,800

Year Built

Built in 2001

Lot Details

0

HOA Fees

$8 per month

Parking

2

Listing Details

  • Year Built: 2001
  • Prop. Type: Residential
  • Reso Association Fee Includes: Unknown
  • Co List Office Mls Id: 74569
  • Co List Office Phone: 919-800-0799
  • Subdivision Name: The Oaks
  • Above Grade Finished Sq Ft: 4942.0
  • Architectural Style: Cape Cod, Traditional
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Contract Information Ownership Type: Other
  • General Property Information Above Grade Unfinished Area: 4924.0
  • General Property Information Total Unfinished Area2: 4924.0
  • General Property Information Lot Size Dimensions: see plat
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: Yes
  • Appliances Microwave: Yes
  • Attic Features Pull-Down Stairs: Yes
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Interior Features Water Closet: Yes
  • Laundry Features Laundry Room: Yes
  • Laundry Features Main Level: Yes
  • Sewer:Public Sewer: Yes
  • Structure Type Site Built: Yes
  • Water Source Public: 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 Bonus Room: Yes
  • Room Types Dining Room2: Yes
  • Room Types Family Room2: Yes
  • Architectural Style Traditional: Yes
  • Room Types Primary Bedroom Level: M
  • Room Types Bedroom 5 Level: 2
  • Room Types Utility Room: Yes
  • Appliances Refrigerators: Yes
  • Room Types Living Room2: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Interior Features Shower Only: Yes
  • Security Features Security System: Yes
  • Interior Features Room Over Garage: Yes
  • Pool Features In Ground: Yes
  • Other Equipment Irrigation Equipment: Yes
  • Room Types Exercise Room: Yes
  • General Property Information Above Grade Finished Area: 4942.0
  • General Property Information Carport YN: No
  • Other Equipment Generator: Yes
  • Pool Features Heated: Yes
  • General Property Information Lot Size Square Feet2: 21736.44
  • General Property Information Lot Size Acres: 0.499
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Hardwood, Tile
  • Interior Amenities: Butler's Pantry, Central Vacuum, Double Vanity, Eat-in Kitchen, Entrance Foyer, Granite Counters, High Ceilings, Pantry, Primary Downstairs, Quartz Counters, Room Over Garage, Shower Only, Storage, Walk-In Closet(s), Walk-In Shower, Water Closet, Wet Bar
  • Basement: Crawl Space
  • Appliances: Dishwasher, Double Oven, Dryer, Gas Cooktop, Gas Water Heater, Microwave, Range Hood, Refrigerator, Washer
  • Basement YN: No
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Family Room, Gas, Primary Bedroom
  • Fireplaces: 2
  • Total Bedrooms: 11
  • Appliances Dishwasher: Yes
  • Appliances:Gas Cooktop: Yes
  • Appliances:Range Hood: Yes
  • Interior Features:Double Vanity: Yes
  • Interior Features:Entrance Foyer: Yes
  • Interior Features:Granite Counters: Yes
  • Interior Features:High Ceilings: Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Primary Downstairs: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Walk-In Shower: Yes
  • Basement:Crawl Space: Yes
  • Fireplace Features:Family Room: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Interior Features:Quartz Counters: Yes
  • Interior Features:Storage3: Yes
  • Appliances:Gas Water Heater: Yes
  • Fireplace Features:Gas4: Yes
  • Interior Features:Wet Bar: Yes
  • Appliances:Double Oven: Yes
  • Interior Features:Central Vacuum: Yes
  • Fireplace Features:Primary Bedroom: Yes
  • Interior Features:Butler_squote_s Pantry: Yes
  • Fireplace Features:Fireplaces Total: 2

Exterior Features

  • Exterior Features: Fenced Yard, Rain Gutters
  • Acres: 0.5
  • Construction Type: Fiber Cement
  • Patio And Porch Features: Covered, Deck, Patio, Porch
  • Construction Materials:Fiber Cement: Yes
  • Exterior Features:Rain Gutters: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Covered2: Yes
  • Patio And Porch Features:Patio: Yes
  • Patio And Porch Features:Deck2: Yes
  • Exterior Features:Fenced - Yard: Yes

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association Fee: 100.0
  • Association Fee Frequency: Annually
  • Association Name: Oaks III HOA
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: Oaks III HOA
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 100.0
  • General Property Information:Association Fee Frequency: Annually

Schools

  • Ninth Grade High School: Durham - Jordan
  • Middle Or Junior School: Durham - Githens

Lot Info

  • Lot Dimensions: see plat
  • Lot Size Sq Ft: 21736.44
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 10800.0
  • Tax Year: 2022

MLS Schools

  • Elementary School: Durham - Creekside

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 25, 2023
Closed on
May 24, 2023
Sold by
Mallernee Robert E and Mallernee Teresa E
Bought by
Faber Robert M and Faber Elizabeth S
Seller's Agent
Martha Bick
Hodge&KittrellSothebysIntlRlty
Buyer's Agent
Jay Kennihan
Chapel Hill Realty Group, Inc.
List Price
$2,350,000
Sold Price
$2,350,000
Total Days on Market
0
Views
5
Current Estimated Value
$2,051,995

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$298,005
Avg. Annual Appreciation
-6.52%

Purchase Details

Closed on
Dec 26, 2019
Sold by
Mallernee Robert E and Mallernee Teresa E
Bought by
Mallernee Robert E and Mallernee Teresa E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$915,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 6, 2010
Sold by
Mallernee Robert E and Eriksson Teresa
Bought by
Mallernee Robert E and Eriksson Teresa

Purchase Details

Closed on
Apr 28, 2009
Sold by
Tillman Jeffrey K and Tillman Janis B
Bought by
Mallernee Robert E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
4.79%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Feb 15, 2001
Sold by
Whitney Blair Inc
Bought by
Tillman Jeffrey K and Tillman Janis B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
7.01%
Mortgage Type
Unknown
Source: Public Records

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Range of Values:

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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
Faber Robert M $2,350,000 None Listed On Document
Mallernee Robert E -- None Available
Mallernee Robert E -- None Available
Mallernee Robert E $875,000 None Available
Tillman Jeffrey K $689,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mallernee Robert E $915,000
Previous Owner Mallernee Robert E $69,601
Previous Owner Mallernee Robert E $700,000
Previous Owner Mallernee Robert E $175,000
Previous Owner Mallernee Robert E $175,000
Previous Owner Mallernee Robert E $417,000
Previous Owner Tillman Jeffrey K $400,000
Previous Owner Tillman Jeffrey K $200,000
Previous Owner Tillman Jeffrey K $75,000
Previous Owner Tillman Jeffrey K $450,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/14/2023 12/14/23 Off Market $2,350,000 -- --
05/31/2023 05/31/23 Sold $2,350,000 0.0% $476 / Sq Ft
04/26/2023 04/26/23 Pending -- -- --
04/26/2023 04/26/23 For Sale $2,350,000 -- $476 / 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
2024 $12,414 $892,653 $225,000 $667,653
2023 $11,494 $867,996 $224,850 $643,146
2022 $10,800 $867,996 $224,850 $643,146
2021 $10,730 $867,996 $224,850 $643,146
2020 $10,904 $867,996 $224,850 $643,146
2019 $10,904 $867,996 $224,850 $643,146
2018 $10,304 $789,025 $198,617 $590,408
2017 $10,067 $789,025 $198,617 $590,408
2016 $9,976 $789,025 $198,617 $590,408
2015 $11,849 $899,606 $111,862 $787,744
2014 $11,849 $899,606 $111,862 $787,744
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2506798

Doorify MLS

APN: 140385