NOT LISTED FOR SALE

3500 Milky Way Raleigh, NC 27604

Northeast Raleigh Neighborhood

Estimated Value: $400,986 - $418,000

4 Beds
3 Baths
2,065 Sq Ft
$200/Sq Ft Est. Value

Last Sold December 16, 2021

Last sale price $365,000 $177 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $2,470/month

3 Days on Market

Highlights

  • 0.34 Acre Lot
  • Cape Cod Architecture
  • Wooded Lot
  • Heritage High School Rated A
  • Deck
  • Main Floor Primary Bedroom

About This Home

As of December 2021

Spectacular 1.5 Story Located in Desirable Raleigh location w/ wrap around porch & detached 1 Car Garage w/ upgraded interior lighting! NO HOA! New Roof & Gutters (6/2018), New HVAC (06/2020), Second Floor Finished w/ permitted full bath (2020). Open Floor Plan w/ Living Room w/ Gas FP that leads into Kitchen w/ Large dining area & pantry! Owners Suite w/ bay windows, dual vanity, & WIC. 2 Additonal Bedrooms Down. Upstairs features Bedroom & Spacious Bonus Room. Deck overlooks Fenced In Backyard!

Last Agent to Sell the Property

Ida Terbet

Coldwell Banker HPW License #101494 Listed on: 10/30/2021

Coldwell Banker HPW

Last Buyer's Agent

Alyson Keefer

Block & Associates Realty License #308647

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,982

Year Built

  • Built in 1996

Lot Details

  • 0.34 Acre Lot
  • Cul-De-Sac
  • Wooded Lot
  • Landscaped with Trees

Parking

  • 1 Car Detached Garage
  • Front Facing Garage
  • Garage Door Opener
  • Private Driveway
  • On-Street Parking

Home Design

  • Cape Cod Architecture
  • Traditional Architecture
  • Vinyl Siding

Interior Spaces

  • 2,065 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Gas Log Fireplace
  • Insulated Windows
  • Entrance Foyer
  • Family Room with Fireplace
  • Combination Dining and Living Room
  • Breakfast Room
  • Home Office
  • Bonus Room
  • Crawl Space
  • Laundry on main level

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Range Hood
  • Plumbed For Ice Maker
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • 3 Full Bathrooms
  • Bathtub with Shower
  • Shower Only

Home Security

  • Home Security System
  • Fire and Smoke Detector

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Rain Gutters

Schools

  • Wilburn Elementary School
  • Durant Middle School
  • Heritage High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Built by H J MORRIS CONSTRUCTION INC
  • Wilburn Pointe Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,982

Year Built

Built in 1996

Lot Details

0

Parking

1

Listing Details

  • Builder Name: H J MORRIS CONSTRUCTION INC
  • Year Built: 1996
  • Prop. Type: Residential
  • Subdivision Name: Wilburn Pointe
  • Above Grade Finished Sq Ft: 2065.0
  • Architectural Style: Cape Cod, Traditional
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One and One Half, Two
  • New Construction: No
  • Contract Information Ownership Type: Other
  • General Property Information Lot Size Dimensions: See Plat Map
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: Yes
  • Cooling Central Air: Yes
  • Interior Features BathtubShower Combination: Yes
  • Laundry Features Main Level: Yes
  • Security Features Smoke Detector(s): Yes
  • Sewer:Public Sewer: Yes
  • Structure Type Site Built: Yes
  • Water Source Public: Yes
  • Flooring Carpet: Yes
  • Levels Two: Yes
  • Lot Features Hardwood Trees: Yes
  • Room Types Bedroom 2 Level: M
  • Room Types Bedroom 3 Level: M
  • Room Types Bedroom 4 Level: 2
  • Room Types Bonus Room: Yes
  • Room Types Family Room2: Yes
  • Architectural Style Traditional: Yes
  • Room Types Office: Yes
  • Room Types Primary Bedroom Level: M
  • Flooring Vinyl: Yes
  • Interior Features LivingDining Room Combination: Yes
  • Appliances Refrigerators: Yes
  • Room Types Breakfast Room: Yes
  • Interior Features Shower Only: Yes
  • Utilities Cable Available: Yes
  • Security Features Security System: Yes
  • Laundry Features Laundry Closet: Yes
  • Flooring Laminate: Yes
  • Levels One and One Half: Yes
  • General Property Information Above Grade Finished Area: 2065.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 14810.4
  • General Property Information Lot Size Acres: 0.34
  • General Property Information Builder Name: H J MORRIS CONSTRUCTION INC
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Laminate, Vinyl
  • Interior Amenities: Bathtub/Shower Combination, Ceiling Fan(s), Eat-in Kitchen, Entrance Foyer, High Speed Internet, Living/Dining Room Combination, Pantry, Primary Downstairs, Shower Only
  • Basement: Crawl Space
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Plumbed For Ice Maker, Range Hood, Refrigerator
  • Basement YN: No
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Family Room, Gas Log, Prefabricated
  • Fireplaces: 1
  • Total Bedrooms: 8
  • Appliances Dishwasher: Yes
  • Appliances:Plumbed For Ice Maker: Yes
  • Appliances:Range Hood: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Interior Features:Entrance Foyer: Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Primary Downstairs: Yes
  • Basement:Crawl Space: Yes
  • Fireplace Features:Family Room: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Range: Yes
  • Fireplace Features:Gas Log: Yes
  • Interior Features:High Speed Internet: Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Exterior Features: Rain Gutters
  • Acres: 0.34
  • Construction Type: Vinyl Siding
  • Patio And Porch Features: Covered, Deck, Porch
  • Exterior Features:Rain Gutters: Yes
  • Patio and Porch Features:Porch: Yes
  • Lot Features:Wooded: Yes
  • Patio And Porch Features:Covered2: Yes
  • Construction Materials:Vinyl Siding: Yes
  • Lot Features:Cul-De-Sac: Yes
  • Patio And Porch Features:Deck2: Yes
  • Window Features:Insulated Windows: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Concrete, Detached, Driveway, Garage, Garage Door Opener, Garage Faces Front, On Street
  • Parking Features:Garage: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Concrete4: Yes
  • Parking Features:Driveway: Yes
  • Parking Features:Garage Faces Front: Yes
  • Parking Features:On Street: Yes
  • Parking Features:Detached: Yes
  • General Property Information:Garage Spaces: 1.0

Utilities

  • Utilities: Cable Available
  • Heating: Forced Air, Natural Gas
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Ninth Grade High School: Wake - Heritage
  • Middle Or Junior School: Wake - Durant

Lot Info

  • Lot Dimensions: See Plat Map
  • Lot Size Sq Ft: 14810.4
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1982.0
  • Tax Year: 2021

MLS Schools

  • Elementary School: Wake - Wilburn

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 30, 2021
Closed on
Dec 7, 2021
Sold by
Heckman Susann L
Bought by
Richard Jesse Nolan
Seller's Agent
Ida Terbet
Coldwell Banker HPW
Buyer's Agent
Alyson Keefer
Block & Associates Realty
List Price
$325,000
Sold Price
$365,000
Premium/Discount to List
$40,000
12.31%
Current Estimated Value
$412,247

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,247
Avg. Annual Appreciation
3.26%
Original Mortgage
$346,750
Outstanding Balance
$318,834
Interest Rate
3.09%
Mortgage Type
New Conventional
Estimated Equity
$93,413

Purchase Details

Closed on
Jul 25, 2017
Sold by
Bolz Gary J and Bolz Kelly L
Bought by
Heckman Ronald J and Heckman Susann L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,449
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 6, 2010
Sold by
Bolz Gary J and Bolz Kelly L
Bought by
Bolz Gary J and Bolz Kelly L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,700
Interest Rate
4.39%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 30, 1999
Sold by
Wooddy Deborah A and Denmark James W
Bought by
Bolz Gary J and Berkstresser Kelly L
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
Richard Jesse Nolan $365,000 None Available
Heckman Ronald J $210,000 None Available
Bolz Gary J -- None Available
Bolz Gary J $133,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Richard Jesse Nolan $346,750
Previous Owner Heckman Ronald J $192,449
Previous Owner Bolz Gary J $89,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2023 12/15/23 Off Market $365,000 -- --
12/16/2021 12/16/21 Sold $365,000 +12.3% $177 / Sq Ft
11/22/2021 11/22/21 Pending -- -- --
11/19/2021 11/19/21 For Sale $325,000 -- $157 / 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 $3,419 $389,785 $100,000 $289,785
2024 $3,405 $389,785 $100,000 $289,785
2023 $2,577 $234,589 $44,000 $190,589
2022 $2,395 $234,589 $44,000 $190,589
2021 $1,982 $201,616 $44,000 $157,616
2020 $1,946 $201,616 $44,000 $157,616
2019 $1,920 $163,949 $44,000 $119,949
2018 $1,811 $163,949 $44,000 $119,949
2017 $0 $163,949 $44,000 $119,949
2016 $1,690 $163,949 $44,000 $119,949
2015 $1,794 $171,359 $44,000 $127,359
2014 -- $171,359 $44,000 $127,359
Source: Public Records

Agents Affiliated with this Home

  • Ida Terbet

    Seller's Agent in 2021

    Ida Terbet

    Coldwell Banker HPW

    (919) 539-6409

    8 in this area

    650 Total Sales

    Ida Terbet
    Section Image

  • A

    Buyer's Agent in 2021

    Alyson Keefer

    Block & Associates Realty

    Section Image
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Map

Source: Doorify MLS

MLS Number: 2416464

Doorify MLS

APN: 1725.14-43-6033-000

North Carolina Wake County Raleigh 27604 Northeast Raleigh

3500 Milky Way, Raleigh, NC

This home is located at 3500 Milky Way, Raleigh, NC 27604 since 30 October 2021 and is currently estimated at $412,247, approximately $199 per square foot. This property was built in 1996. 3500 Milky Way is a home located in Wake County with nearby schools including Wilburn Elementary, Durant Road Middle, and Heritage High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Doorify MLS 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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