NOT LISTED FOR SALE

431 Oakland Dr Raleigh, NC 27609

Midtown Raleigh Neighborhood

Estimated Value: $741,000 - $1,846,379

4 Beds
3.5 Baths
3,880 Sq Ft
$320/Sq Ft Est. Value

Last Sold August 05, 2023

Last sale price $2,143,252 $552 Per Sq Ft

Est. 42% decrease in value since last sale

Current estimated payment $7,387/month

291 Days on Market

Highlights

  • New Construction
  • 0.76 Acre Lot
  • Secluded Lot
  • Joyner Elementary School Rated A-
  • Craftsman Architecture
  • Family Room with Fireplace

About This Home

As of August 2023

Presale Opportunity on .76 Acres Inside the Beltline/North Hills! Build with Custom Estate Homes, Inc., one of Raleigh’s Premier 100% Turn Key/Custom Builders!

Last Agent to Sell the Property

Jim Allen

Coldwell Banker HPW License #126077 Listed on: 08/04/2022

Last Buyer's Agent

Ida Terbet

Coldwell Banker HPW License #101494

Coldwell Banker HPW

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,535

Year Built

  • Built in 2023 | New Construction

Lot Details

  • 0.76 Acre Lot
  • Lot Dimensions are 120x274x120x277
  • Secluded Lot
  • Landscaped with Trees

Parking

  • 3 Car Attached Garage
  • Front Facing Garage
  • Side Facing Garage
  • Private Driveway

Home Design

  • Craftsman Architecture
  • Brick Exterior Construction
  • Frame Construction
  • Low Volatile Organic Compounds (VOC) Products or Finishes

Interior Spaces

  • 3,880 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Bookcases
  • Smooth Ceilings
  • High Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Entrance Foyer
  • Family Room with Fireplace
  • 2 Fireplaces
  • Breakfast Room
  • Combination Kitchen and Dining Room
  • Home Office
  • Recreation Room
  • Bonus Room
  • Screened Porch
  • Home Gym
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Butlers Pantry
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Plumbed For Ice Maker
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • In-Law or Guest Suite
  • Private Water Closet
  • Bathtub with Shower
  • Shower Only in Primary Bathroom
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on main level

Accessible Home Design

  • Accessible Washer and Dryer

Eco-Friendly Details

  • Energy-Efficient Thermostat
  • No or Low VOC Paint or Finish

Outdoor Features

  • Outdoor Fireplace
  • Rain Gutters

Schools

  • Joyner Elementary School
  • Oberlin Middle School
  • Broughton High School

Utilities

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

Community Details

  • No Home Owners Association
  • Association fees include unknown
  • Built by Custom Estate Homes

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,535

Year Built

Built in 2023 | New Construction

Lot Details

0

Parking

3

Listing Details

  • Builder Name: Custom Estate Homes
  • Year Built: 2023
  • Prop. Type: Residential
  • Reso Association Fee Includes: Unknown
  • Subdivision Name: Not in a Subdivision
  • Above Grade Finished Sq Ft: 3880.0
  • Architectural Style: Craftsman
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: Yes
  • Efficiency: Thermostat
  • Contract Information Ownership Type: Other
  • General Property Information Lot Size Dimensions: 120x274x120x277
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: Yes
  • Appliances Microwave: Yes
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Interior Features BathtubShower Combination: Yes
  • Interior Features KitchenDining Room 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
  • Contract Information Estimated Completion Date: 2023-12-01
  • Flooring Carpet: Yes
  • Flooring Hardwood: Yes
  • Interior Features Separate Shower: Yes
  • Interior Features Smooth Ceilings: Yes
  • Levels Two: Yes
  • Lot Features Hardwood Trees: Yes
  • Property Condition Framed: 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 Breakfast Room: Yes
  • Interior Features Shower Only: Yes
  • Utilities Cable Available: Yes
  • Architectural Style Craftsman: Yes
  • Construction Materials Low VOC PaintSealantVarnish: Yes
  • In-Law Suite Details Main Foor: Yes
  • Room Types Recreation Room3: Yes
  • Room Types Exercise Room: Yes
  • General Property Information Above Grade Finished Area: 3880.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 33105.6
  • General Property Information Lot Size Acres: 0.76
  • General Property Information Builder Name: Custom Estate Homes
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Hardwood, Tile
  • Interior Amenities: Bathtub/Shower Combination, Bookcases, Butler's Pantry, Ceiling Fan(s), Eat-in Kitchen, Entrance Foyer, Granite Counters, High Ceilings, Kitchen/Dining Room Combination, Pantry, Primary Downstairs, Separate Shower, Shower Only, Smooth Ceilings, Walk-In Closet(s), Walk-In Shower, Water Closet, Wet Bar
  • Basement: Crawl Space
  • Appliances: Gas Cooktop, Gas Water Heater, Microwave, Plumbed For Ice Maker, Range Hood, Tankless Water Heater
  • Basement YN: No
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Family Room, Gas, Gas Log, Outside
  • Fireplaces: 2
  • Total Bedrooms: 14
  • Appliances:Gas Cooktop: Yes
  • Appliances:Plumbed For Ice Maker: Yes
  • Appliances:Range Hood: Yes
  • Appliances:Tankless Water Heater: Yes
  • Interior Features:Ceiling Fan(s)2: 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
  • Fireplace Features:Outside: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Fireplace Features:Gas Log: Yes
  • Appliances:Gas Water Heater: Yes
  • Fireplace Features:Gas4: Yes
  • Interior Features:Bookcases: Yes
  • Interior Features:Wet Bar: Yes
  • Interior Features:Butler_squote_s Pantry: Yes
  • Fireplace Features:Fireplaces Total: 2

Exterior Features

  • Exterior Features: Rain Gutters
  • Acres: 0.76
  • Construction Type: Brick, Fiber Cement, Low VOC Paint/Sealant/Varnish
  • Patio And Porch Features: Covered, Porch, Screened
  • Accessibility Features:Accessible WasherDryer: Yes
  • Construction Materials:Fiber Cement: Yes
  • Exterior Features:Rain Gutters: Yes
  • Lot Features:Landscaped: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Screened: Yes
  • Patio And Porch Features:Covered2: Yes
  • Construction Materials:Brick: Yes
  • Lot Features:Secluded: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Parking Features: Attached, Concrete, Driveway, Garage, Garage Faces Front, Garage Faces Side
  • Parking Features:Attached: Yes
  • Parking Features:Garage: Yes
  • Parking Features:Concrete4: Yes
  • Parking Features:Driveway: Yes
  • Parking Features:Garage Faces Front: Yes
  • Parking Features:Garage Faces Side: Yes
  • General Property Information:Garage Spaces: 3.0

Utilities

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

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

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

Lot Info

  • Lot Dimensions: 120x274x120x277
  • Lot Size Sq Ft: 33105.6
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Green Features

  • Green Energy Efficient:Thermostat: Yes

MLS Schools

  • Elementary School: Wake - Joyner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 10, 2022
Sold by
Valachovic Frederic S and Valachovic Betty D
Bought by
Shaffer Bruce E and Shaffer Ellisha B
Current Estimated Value
$1,240,595

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$665,000
Outstanding Balance
$646,174
Interest Rate
6.7%
Mortgage Type
New Conventional
Estimated Equity
$747,364

Purchase Details

Closed on
Jan 1, 1977
Bought by
Valachovic Frederic S and Valachovic Betty D
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
Shaffer Bruce E $700,000 --
Valachovic Frederic S $47,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shaffer Bruce E $665,000
Previous Owner Valachovic Frederic S $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2023 12/15/23 Off Market $2,143,252 -- --
08/05/2023 08/05/23 Sold $2,143,252 0.0% $552 / Sq Ft
08/04/2023 08/04/23 Price Changed $2,143,252 -6.8% $552 / Sq Ft
05/22/2023 05/22/23 Pending -- -- --
08/04/2022 08/04/22 For Sale $2,300,000 -- $593 / 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 $7,535 $867,600 $700,000 $167,600
2023 $4,971 $454,225 $346,500 $107,725
2022 $4,619 $454,225 $346,500 $107,725
2021 $4,440 $454,225 $346,500 $107,725
2020 $4,359 $454,225 $346,500 $107,725
2019 $4,059 $348,500 $275,000 $73,500
2018 $3,828 $348,500 $275,000 $73,500
2017 $3,645 $348,500 $275,000 $73,500
2016 $3,571 $348,500 $275,000 $73,500
2015 $3,485 $334,600 $148,512 $186,088
2014 $3,305 $334,600 $148,512 $186,088
Source: Public Records

Agents Affiliated with this Home

  • Jim Allen

    Seller's Agent in 2023

    Jim Allen

    Coldwell Banker HPW

    (919) 845-9909

    5 in this area

    4,872 Total Sales

    Jim Allen
    Section Image
  • Ida Terbet

    Buyer's Agent in 2023

    Ida Terbet

    Coldwell Banker HPW

    (919) 539-6409

    3 in this area

    659 Total Sales

    Ida Terbet
    Section Image
See All Agents

Map

Source: Doorify MLS

MLS Number: 2466575

Doorify MLS

APN: 1705.12-95-2757-000

North Carolina Wake County Raleigh 27609 Midtown Raleigh

431 Oakland Dr, Raleigh, NC

This home is located at 431 Oakland Dr, Raleigh, NC 27609 since 04 August 2022 and is currently estimated at $1,240,595, approximately $319 per square foot. This property was built in 2023. 431 Oakland Dr is a home located in Wake County with nearby schools including Joyner Elementary School, Oberlin Middle School, and Broughton Magnet 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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