NOT LISTED FOR SALE

4220 Gallatree Ln Raleigh, NC 27616

Northeast Raleigh Neighborhood

Estimated Value: $367,000 - $410,000

4 Beds
2.5 Baths
2,375 Sq Ft
$167/Sq Ft Est. Value

Last Sold November 20, 2023

Last sale price $370,000 $156 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $2,505/month

80 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Corner Lot
  • Traditional Architecture
  • Bonus Room
  • Community Pool

About This Home

As of November 2023

ideal propety for the handyperson. Conveniently located and ready for new owners! 4 bedrooms, 2.5 baths home on lovely corner lot. All formal areas and large deck for outdoor entertaining. Some fresh paint and new carpet. Includes all appliances. Decorator allowance or $5000 can be used toward closing cost. BRING YOUR OFFER!!! Sold As Is.

Last Agent to Sell the Property

Teresa Harrell-Ayers

Ayers Realty, Inc. License #107422 Listed on: 08/11/2023

Last Buyer's Agent

Helen Hammond

Allen Tate/Raleigh-Glenwood License #326884

Allen Tate/Raleigh-Glenwood

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1996

Lot Details

  • 0.26 Acre Lot
  • Corner Lot

HOA Fees

  • $46 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Traditional Architecture
  • Vinyl Siding

Interior Spaces

  • 2,375 Sq Ft Home
  • 2-Story Property
  • Family Room with Fireplace
  • Living Room
  • Dining Room
  • Bonus Room

Kitchen

  • Eat-In Kitchen
  • Gas Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Outdoor Features

  • Deck

Schools

  • River Bend Elementary And Middle School
  • Rolesville High School

Utilities

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

Community Details

Overview

  • Winchester HOA
  • Cedar Management Group Association
  • Winchester Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Year Built

Built in 1996

Lot Details

0

HOA Fees

$46 per month

Parking

2

Listing Details

  • Year Built: 1996
  • Prop. Type: Residential
  • Subdivision Name: Winchester
  • Above Grade Finished Sq Ft: 2375.0
  • 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: 0
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: Yes
  • Appliances Microwave: Yes
  • Sewer:Public Sewer: Yes
  • Structure Type Site Built: Yes
  • Water Source Public: Yes
  • Cooling Zoned: Yes
  • Flooring Carpet: 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: 2
  • Laundry Features Upper Level: Yes
  • Appliances Refrigerators: Yes
  • Room Types Living Room2: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Flooring Wood: Yes
  • Flooring Laminate: Yes
  • General Property Information Association Name 2: Cedar Management Group
  • General Property Information Above Grade Finished Area: 2375.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 11325.6
  • General Property Information Lot Size Acres: 0.26
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Combination, Laminate, Wood
  • Interior Amenities: Eat-in Kitchen
  • Appliances: Dishwasher, Dryer, Electric Water Heater, Gas Range, Microwave, Refrigerator, Washer
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Family Room
  • Fireplaces: 1
  • Total Bedrooms: 8
  • Appliances Dishwasher: Yes
  • Fireplace Features:Family Room: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Gas Range: Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Acres: 0.26
  • Construction Type: Vinyl Siding
  • Patio And Porch Features: Deck
  • Construction Materials:Vinyl Siding: Yes
  • Patio And Porch Features:Deck2: Yes
  • Lot Features:Corner Lot: Yes

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association Fee: 137.5
  • Association Fee Frequency: Quarterly
  • Association: Cedar Management Group
  • Association Name: Winchester HOA
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: Winchester HOA
  • Association Amenities:Pool: Yes
  • General Property Information:Association Fee: 137.5
  • General Property Information:Association Fee Frequency: Quarterly

Schools

  • Ninth Grade High School: Wake - Rolesville
  • Middle Or Junior School: Wake - River Bend

Lot Info

  • Lot Dimensions: 0
  • Lot Size Sq Ft: 11325.6
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 286558.0
  • Tax Year: 2023

MLS Schools

  • Elementary School: Wake - River Bend

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 11, 2023
Closed on
Nov 20, 2023
Sold by
Petrus Edwin A
Bought by
Lamm Jeremy C
Seller's Agent
Teresa Harrell-Ayers
Ayers Realty, Inc.
Buyer's Agent
Helen Hammond
Allen Tate/Raleigh-Glenwood
List Price
$409,000
Sold Price
$370,000
Premium/Discount to List
-$39,000
-9.54%
Views
71
Current Estimated Value
$396,222

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,222
Avg. Annual Appreciation
7.00%
Original Mortgage
$350,000
Outstanding Balance
$344,474
Interest Rate
7.49%
Mortgage Type
New Conventional
Estimated Equity
$72,621

Purchase Details

Closed on
Apr 12, 2016
Sold by
Petrus Edwin A and Petrus Judy A
Bought by
Petrus Edwin A

Purchase Details

Closed on
May 28, 1996
Bought by
Petrus Edwin A and Petrus Judy
Source: Public Records

Range of Values:

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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
Lamm Jeremy C $370,000 None Listed On Document
Petrus Edwin A -- None Available
Petrus Edwin A $178,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lamm Jeremy C $350,000
Previous Owner Petrus Edwin A $315,832
Previous Owner Petrus Edwin $50,000
Previous Owner Petrus Edwin A $208,000
Previous Owner Petrus Edwin Andre $47,000
Previous Owner Petrus Edwin Andre $169,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/20/2023 11/20/23 Sold $370,000 -7.5% $156 / Sq Ft
10/30/2023 10/30/23 Pending -- -- --
10/06/2023 10/06/23 Price Changed $399,900 -2.2% $168 / Sq Ft
08/11/2023 08/11/23 For Sale $409,000 -- $172 / 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 $3,594 $411,558 $100,000 $311,558
2023 $2,866 $261,062 $50,000 $211,062
2022 $2,663 $261,062 $50,000 $211,062
2021 $2,560 $261,062 $50,000 $211,062
2020 $2,514 $261,062 $50,000 $211,062
2019 $2,368 $202,597 $42,000 $160,597
2018 $2,234 $202,597 $42,000 $160,597
2017 $2,128 $202,597 $42,000 $160,597
2016 $2,084 $202,597 $42,000 $160,597
2015 $2,258 $216,172 $48,000 $168,172
2014 $2,142 $216,172 $48,000 $168,172
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2023

    Teresa Harrell-Ayers

    Ayers Realty, Inc.

    (919) 673-7057

    1 in this area

    3 Total Sales

    Teresa Harrell-Ayers
    Section Image
  • Helen Hammond

    Buyer's Agent in 2023

    Helen Hammond

    Allen Tate/Raleigh-Glenwood

    (919) 219-4475

    5 in this area

    47 Total Sales

    Helen Hammond
    Section Image
See All Agents

Map

Source: Doorify MLS

MLS Number: 2526657

Doorify MLS

APN: 1735.05-19-1242-000

North Carolina Wake County Raleigh 27616 Northeast Raleigh

4220 Gallatree Ln, Raleigh, NC

This home is located at 4220 Gallatree Ln, Raleigh, NC 27616 since 11 August 2023 and is currently estimated at $396,222, approximately $166 per square foot. This property was built in 1996. 4220 Gallatree Ln is a home located in Wake County with nearby schools including River Bend Elementary, River Bend Middle, and Rolesville 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.

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