NOT LISTED FOR SALE

3907 Morvan Way Raleigh, NC 27612

Crabtree Neighborhood

Estimated Value: $940,000 - $1,174,000

4 Beds
4.5 Baths
4,726 Sq Ft
$224/Sq Ft Est. Value

Last Sold August 24, 2022

Last sale price $905,000 $191 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $6,540/month

35 Days on Market

Highlights

  • Two Primary Bedrooms
  • Deck
  • Cathedral Ceiling
  • Stough Elementary School Rated A-
  • Transitional Architecture
  • Wood Flooring

About This Home

As of August 2022

Walk-in to excellence in this exquisite, natural light-filled home! 2 mstr suites-one up & one down. Lovely details thru out! Gourmet kit w/SS appl's, upgraded cabs & granite counters; 1st flr office, 2 story & trey ceilings, gas logs, built-ins, spacious loft, fabulous mortared stone patio w/frpl for entertaining! Fenced yard. Finished basement has a great theater rm, family rm and full bath. Conv to Crabtree Mall, Umstead State Pk, Laurel Hills Pk, Rex Hosp

Last Agent to Sell the Property

Linda Craft

Linda Craft Team, REALTORS License #140967 Listed on: 06/01/2022

Co-Listed By

Steve Kruger

Linda Craft Team, REALTORS License #250814

Last Buyer's Agent

Emilee Carraway

Compass -- Raleigh License #286915

Compass -- Raleigh

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,907

Year Built

  • Built in 2008

Lot Details

  • 9,148 Sq Ft Lot
  • Fenced Yard
  • Landscaped
  • Irrigation Equipment
  • Property is zoned R-6

HOA Fees

  • $210 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Private Driveway

Home Design

  • Transitional Architecture
  • Brick Veneer

Interior Spaces

  • 2-Story Property
  • Bookcases
  • Tray Ceiling
  • Smooth Ceilings
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Entrance Foyer
  • Family Room
  • Living Room with Fireplace
  • Breakfast Room
  • Dining Room
  • Home Office
  • Bonus Room
  • Storage
  • Utility Room
  • Pull Down Stairs to Attic
  • Home Security System

Kitchen

  • Double Oven
  • Gas Cooktop
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Double Master Bedroom
  • Walk-In Closet
  • Double Vanity
  • Private Water Closet
  • Whirlpool Bathtub
  • Separate Shower in Primary Bathroom
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on main level

Finished Basement

  • Heated Basement
  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Natural lighting in basement

Outdoor Features

  • Deck
  • Patio
  • Porch

Schools

  • Stough Elementary School
  • Oberlin Middle School
  • Broughton High School

Utilities

  • Cooling System Powered By Gas
  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Heat Pump System
  • Gas Water Heater
  • Cable TV Available

Community Details

  • Association fees include ground maintenance
  • Ppm Association, Phone Number (919) 848-4911
  • Built by Drees Homes
  • Avallon Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,907

Year Built

Built in 2008

Lot Details

0

HOA Fees

$210 per month

Parking

2

Listing Details

  • Builder Name: Drees Homes
  • Year Built: 2008
  • Prop. Type: Residential
  • Reso Association Fee Includes: Maintenance Grounds
  • Co List Office Mls Id: 71649
  • Co List Office Phone: 919-235-0007
  • Subdivision Name: Avallon
  • Above Grade Finished Sq Ft: 3189.0
  • Architectural Style: Transitional
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Contract Information Ownership Type: Other
  • General Property Information Below Grade Unfinished Area: 211.0
  • General Property Information Total Unfinished Area2: 211.0
  • General Property Information Lot Size Dimensions: Plot plan on MLS
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: Yes
  • General Property Information Fireplace YN: Yes
  • Appliances Microwave: Yes
  • Architectural Style Transitional: Yes
  • Attic Features Pull-Down Stairs: Yes
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Interior Features BathtubShower Combination: 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
  • Cooling:Electric: Yes
  • Cooling Zoned: Yes
  • Flooring Carpet: Yes
  • Flooring Hardwood: Yes
  • Interior Features Separate Shower: Yes
  • Interior Features Smooth Ceilings: Yes
  • Levels Two: Yes
  • Room Types Bedroom 2 Level: M
  • 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
  • Room Types Office: Yes
  • Room Types Primary Bedroom Level: M
  • Room Types Utility Room: Yes
  • Room Types Living Room2: Yes
  • Room Types Breakfast Room: Yes
  • Utilities Cable Available: Yes
  • Security Features Security System: Yes
  • General Property Information Association Phone: 919-848-4911
  • Basement Heated3: Yes
  • Other Equipment Irrigation Equipment: Yes
  • Interior Features Second Primary Bedroom: Yes
  • Cooling Gas3: Yes
  • General Property Information Above Grade Finished Area: 3189.0
  • General Property Information Below Grade Finished Area: 1537.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 9147.6
  • General Property Information Lot Size Acres: 0.21
  • General Property Information Builder Name: Drees Homes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Hardwood, Tile
  • Interior Amenities: Bathtub/Shower Combination, Bookcases, Cathedral Ceiling(s), Ceiling Fan(s), Double Vanity, Entrance Foyer, Granite Counters, High Ceilings, Pantry, Primary Downstairs, Second Primary Bedroom, Separate Shower, Smooth Ceilings, Storage, Tray Ceiling(s), Walk-In Closet(s), Walk-In Shower, Water Closet, Whirlpool Tub
  • Basement: Daylight, Exterior Entry, Finished, Full, Heated, Interior Entry
  • Appliances: Dishwasher, Double Oven, Gas Cooktop, Gas Water Heater, Microwave, Plumbed For Ice Maker
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 1537.0
  • Fireplace Features: Gas, Gas Log, Living Room, Sealed Combustion
  • Fireplaces: 1
  • Total Bedrooms: 9
  • Appliances Dishwasher: Yes
  • Appliances:Gas Cooktop: Yes
  • Appliances:Plumbed For Ice Maker: Yes
  • Interior Features:Ceiling Fan(s)2: 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
  • Fireplace Features:Sealed Combustion: Yes
  • Interior Features:Storage3: Yes
  • Interior Features:Tray Ceiling(s): Yes
  • Fireplace Features:Gas Log: Yes
  • Appliances:Gas Water Heater: Yes
  • Basement:Daylight: Yes
  • Basement:Exterior Entry: Yes
  • Basement:Interior Entry: Yes
  • Fireplace Features:Living Room: Yes
  • Interior Features:Cathedral Ceiling(s): Yes
  • Fireplace Features:Gas4: Yes
  • Interior Features:Bookcases: Yes
  • Appliances:Double Oven: Yes
  • Interior Features:Whirlpool Tub: Yes
  • Basement Finished: Yes
  • Full Basement: Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Exterior Features: Fenced Yard
  • Acres: 0.21
  • Construction Type: Brick Veneer, Fiber Cement
  • Patio And Porch Features: Deck, Patio, Porch
  • Construction Materials:Fiber Cement: Yes
  • Lot Features:Landscaped: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Patio: Yes
  • Patio And Porch Features:Deck2: Yes
  • Exterior Features:Fenced - Yard: Yes
  • Construction Materials:Brick Veneer: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Concrete, Driveway, Garage, Garage Faces Front
  • Parking Features:Attached: Yes
  • Parking Features:Garage: Yes
  • Parking Features:Concrete4: Yes
  • Parking Features:Driveway: Yes
  • Parking Features:Garage Faces Front: Yes
  • General Property Information:Garage Spaces: 2.0

Utilities

  • Utilities: Cable Available
  • Heating: Electric, Forced Air, Heat Pump, Natural Gas, Zoned
  • Cooling: Central Air, Electric, Gas, Zoned
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Electric4: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes
  • Heating:Heat Pump2: Yes
  • Heating:Zoned2: Yes

Condo/Co-op/Association

  • Association Fee: 210.0
  • Association Fee Frequency: Monthly
  • Association Name: PPM
  • Phone: 919-848-4911
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: PPM
  • Association Fee Includes:Maintenance Grounds2: Yes
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 210.0
  • General Property Information:Association Fee Frequency: Monthly

Schools

  • Ninth Grade High School: Wake - Broughton
  • Middle Or Junior School: Wake - Oberlin

Lot Info

  • Zoning: R-6
  • Lot Dimensions: Plot plan on MLS
  • Lot Size Sq Ft: 9147.6
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 5907.0
  • Tax Year: 2021
  • Tax Map Number: Db 13026 Pg 2091

MLS Schools

  • Elementary School: Wake - Stough

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2022
Closed on
Aug 12, 2022
Sold by
Daniel Newton Jr Marland
Bought by
Miller Craig and Miller Lauren
Seller's Agent
Linda Craft
Linda Craft Team, REALTORS
Buyer's Agent
Emilee Carraway
Compass -- Raleigh
List Price
$950,000
Sold Price
$905,000
Premium/Discount to List
-$45,000
-4.74%
Current Estimated Value
$1,060,361

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$155,361
Avg. Annual Appreciation
5.19%
Original Mortgage
$724,000
Outstanding Balance
$692,181
Interest Rate
5.51%
Mortgage Type
New Conventional
Estimated Equity
$368,180

Purchase Details

Closed on
Mar 28, 2008
Sold by
The Drees Co
Bought by
Newton Marland Daniel and Newton Nina N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$488,650
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 19, 2005
Sold by
Nolcon Properties Llc
Bought by
The Drees Co and The Drees Homes Co
Source: Public Records

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
Miller Craig $905,000 None Listed On Document
Newton Marland Daniel $611,000 None Available
The Drees Co $620,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Miller Craig $724,000
Previous Owner Newton Marland Daniel $488,650
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/15/2023 12/15/23 Off Market $905,000 -- --
08/24/2022 08/24/22 Sold $905,000 +0.6% $191 / Sq Ft
07/08/2022 07/08/22 Pending -- -- --
06/23/2022 06/23/22 Price Changed $900,000 -5.3% $190 / Sq Ft
06/03/2022 06/03/22 For Sale $950,000 -- $201 / 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 $8,235 $941,999 $200,000 $741,999
2024 $8,201 $941,999 $200,000 $741,999
2023 $6,485 $593,103 $105,000 $488,103
2022 $6,025 $593,103 $105,000 $488,103
2021 $5,791 $593,103 $105,000 $488,103
2020 $5,685 $593,103 $105,000 $488,103
2019 $7,093 $610,340 $125,000 $485,340
2018 $6,689 $610,340 $125,000 $485,340
2017 $6,369 $610,340 $125,000 $485,340
2016 $6,238 $610,340 $125,000 $485,340
2015 $6,247 $601,305 $120,000 $481,305
2014 $5,924 $601,305 $120,000 $481,305
Source: Public Records

Agents Affiliated with this Home

  • Linda Craft

    Seller's Agent in 2022

    Linda Craft

    Linda Craft Team, REALTORS

    (919) 235-6313

    8 in this area

    878 Total Sales

    Linda Craft
    Section Image
  • Steve Kruger

    Seller Co-Listing Agent in 2022

    Steve Kruger

    Linda Craft Team, REALTORS

    (919) 740-9795

    3 in this area

    65 Total Sales

    Steve Kruger
    Section Image

  • E

    Buyer's Agent in 2022

    Emilee Carraway

    Compass -- Raleigh

    (919) 781-4452

    2 in this area

    150 Total Sales

    Emilee Carraway
    Section Image
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Map

Source: Doorify MLS

MLS Number: 2452643

Doorify MLS

APN: 0785.08-88-9708-000

North Carolina Wake County Raleigh 27612 Crabtree

3907 Morvan Way, Raleigh, NC

This home is located at 3907 Morvan Way, Raleigh, NC 27612 since 01 June 2022 and is currently estimated at $1,060,361, approximately $224 per square foot. This property was built in 2008. 3907 Morvan Way is a home located in Wake County with nearby schools including Stough Elementary School, Oberlin Middle School, and Broughton Magnet High School.

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