NOT LISTED FOR SALE

407 Challenge Rd Raleigh, NC 27603

Estimated Value: $580,437 - $635,000

4 Beds
3.5 Baths
2,956 Sq Ft
$204/Sq Ft Est. Value

Last Sold September 23, 2021

Last sale price $478,000 $162 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $3,650/month

5 Days on Market

Highlights

  • On Golf Course
  • Traditional Architecture
  • Sun or Florida Room
  • Deck
  • Wood Flooring
  • Community Pool

About This Home

As of September 2021

Excellent home location in a golf community, backyard access to the golf course. 4 bedrooms and 3.5 baths with a sun room and fitness room on the first floor. Located in a very beautiful and desirable neighborhood with pool and tennis court. Very close to downtown Raleigh. New HVAC.

Last Agent to Sell the Property

Purvi Thakar

Real Triangle Properties LLC License #289056 Listed on: 07/25/2021

Last Buyer's Agent

Ginger Vereen Peters

Keller Williams Legacy License #268611

Keller Williams Legacy

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,995

Year Built

  • Built in 2005

Lot Details

  • 0.4 Acre Lot
  • Lot Dimensions are 116x12x177x58x191
  • On Golf Course

HOA Fees

  • $42 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Traditional Architecture
  • Vinyl Siding

Interior Spaces

  • 2,956 Sq Ft Home
  • 2-Story Property
  • Gas Log Fireplace
  • Sun or Florida Room
  • Crawl Space
  • Pull Down Stairs to Attic

Kitchen

  • Electric Cooktop
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Bathtub with Shower

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Outdoor Features

  • Deck

Schools

  • Vance Elementary School
  • North Garner Middle School
  • Garner High School

Utilities

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

Community Details

Overview

  • Elite Management Association
  • Eagle Ridge Subdivision

Recreation

  • Golf Course Community
  • Tennis Courts
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,995

Year Built

Built in 2005

Lot Details

0.4 Acres

HOA Fees

$42 per month

Parking

2

Listing Details

  • Year Built: 2005
  • Prop. Type: Residential
  • Subdivision Name: Eagle Ridge
  • Above Grade Finished Sq Ft: 2956.0
  • Architectural Style: Traditional
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Contract Information Ownership Type: Other
  • General Property Information Lot Size Dimensions: 116x12x177x58x191
  • 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
  • Interior Features BathtubShower Combination: Yes
  • Sewer:Public Sewer: Yes
  • Structure Type Site Built: Yes
  • Water Source Public: Yes
  • Flooring Carpet: Yes
  • Levels Two: Yes
  • Architectural Style Traditional: Yes
  • Laundry Features Upper Level: Yes
  • Appliances Refrigerators: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Flooring Wood: Yes
  • Room Types Sunroom: Yes
  • General Property Information Senior Community YN: No
  • General Property Information Above Grade Finished Area: 2956.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 17424.0
  • General Property Information Lot Size Acres: 0.4
  • General Property Information:Living Area3: 2956.0
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Combination, Wood
  • Interior Amenities: Bathtub/Shower Combination
  • Basement: Crawl Space
  • Appliances: Dishwasher, Dryer, Electric Cooktop, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
  • Basement YN: No
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Gas Log
  • Fireplaces: 1
  • Appliances Dishwasher: Yes
  • Basement:Crawl Space: Yes
  • Community Features:Street Lights: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Range: Yes
  • Fireplace Features:Gas Log: Yes
  • Appliances:Electric Cooktop: Yes
  • Community Features:Golf: Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Acres: 0.4
  • Construction Type: Vinyl Siding
  • Patio And Porch Features: Deck
  • Construction Materials:Vinyl Siding: Yes
  • Patio And Porch Features:Deck2: Yes
  • Lot Features:On Golf Course: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Garage
  • Parking Features:Garage: Yes
  • General Property Information:Garage Spaces: 2.0

Utilities

  • 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

  • Community Features: Golf, Street Lights
  • Senior Community: No
  • Association Fee: 500.0
  • Association Fee Frequency: Annually
  • Association Name: Elite Management
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: Elite Management
  • Association Amenities:Pool: Yes
  • Association Amenities:Tennis Courts: Yes
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 500.0
  • General Property Information:Association Fee Frequency: Annually

Schools

  • Ninth Grade High School: Wake - Garner
  • Middle Or Junior School: Wake - North Garner

Lot Info

  • Lot Dimensions: 116x12x177x58x191
  • Lot Size Sq Ft: 17424.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3995.0
  • Tax Year: 2021

MLS Schools

  • Elementary School: Wake - Vance

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 25, 2021
Closed on
Sep 23, 2021
Sold by
Nei Global Relocation Company
Bought by
Dunn Kathleen and Dunn Kennet
Seller's Agent
Purvi Thakar
Real Triangle Properties LLC
Buyer's Agent
Ginger Vereen Peters
Keller Williams Legacy
List Price
$460,000
Sold Price
$478,000
Premium/Discount to List
$18,000
3.91%
Current Estimated Value
$602,359

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$124,359
Avg. Annual Appreciation
5.29%
Original Mortgage
$454,100
Outstanding Balance
$410,486
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$191,873

Purchase Details

Closed on
Jun 11, 2018
Sold by
Rucker David A
Bought by
Rucker Angela M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,250
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 29, 2005
Sold by
K Hovnanian Homes Of North Carolina Inc
Bought by
Rucker David A and Rucker Angela M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,600
Interest Rate
5.57%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Feb 4, 2005
Sold by
Sandler At Olde Stage Lc
Bought by
K Hovnanian Homes Of North Carolina Inc
Source: Public Records

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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
Dunn Kathleen $478,000 None Available
Nei Global Relocation Company $478,000 None Available
Nei Global Relocation Company $478,000 Karrenstein Chris
Rucker Angela M -- None Available
Rucker David A $318,000 None Available
K Hovnanian Homes Of North Carolina Inc $1,540,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nei Global Relocation Company $454,100
Closed Nei Global Relocation Company $0
Previous Owner Rucker Angela M $310,250
Previous Owner Rucker David A $63,600
Previous Owner Rucker David A $254,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/15/2023 12/15/23 Off Market $478,000 -- --
09/23/2021 09/23/21 Sold $478,000 +3.9% $162 / Sq Ft
08/10/2021 08/10/21 Pending -- -- --
08/05/2021 08/05/21 For Sale $460,000 -- $156 / Sq Ft
Source: Doorify MLS

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 $5,689 $546,612 $112,500 $434,112
2024 $5,669 $546,612 $112,500 $434,112
2023 $4,610 $357,503 $71,500 $286,003
2022 $4,209 $357,503 $71,500 $286,003
2021 $3,996 $357,503 $71,500 $286,003
2020 $3,942 $357,503 $71,500 $286,003
2019 $3,607 $280,107 $60,500 $219,607
2018 $3,345 $280,107 $60,500 $219,607
2017 $3,234 $280,107 $60,500 $219,607
2016 $3,194 $280,107 $60,500 $219,607
2015 $3,649 $320,581 $59,400 $261,181
2014 $3,476 $320,581 $59,400 $261,181
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2397815

Doorify MLS

APN: 0699.02-68-9449-000

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