$283,500
SOLD DEC 1, 2021
3 Beds
2.5 Baths
1,325 Sq Ft
9,583 Sq Ft Lot

Recently Sold

$214 Per Sq Ft

6% Above List Price

2 Days on Market

Highlights

  • Deck
  • Corner Lot
  • Forced Air Heating and Cooling System
  • Traditional Architecture
  • Covered patio or porch
  • Dining Room

About This Home

As of December 2021

Nice-Affordable RALEIGH Home in Super-Convenient SOMERSET PLACE! Great features include NEW Vinyl Flooring on the 1st FL & NEW Carpet on the 2nd! NEW ROOF in 7/21, ONE Year HVAC! OPEN Floorplan! The KITCHEN provides stainless appliances including a GAS cook-top! Two Car Garage! Large Corner Lot! Covered Front Porch! Deck & Nice Yard! Rare-One Owner Home! Great value for a Single Family Home!

Last Agent to Sell the Property

Chris Edwards

Keller Williams Realty Cary License #212086 Listed on: 10/22/2021

Keller Williams Realty Cary

Co-Listed By

Shaun Livernois

Keller Williams Realty Cary License #252726

Last Buyer's Agent

Meghan Lee

Imagination Homes LLC License #299566

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,904

Year Built

  • Built in 1998

Lot Details

  • 9,583 Sq Ft Lot
  • Corner Lot

HOA Fees

  • $22 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,325 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Dining Room
  • Crawl Space
  • Laundry on upper level

Kitchen

  • Gas Cooktop
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Deck
  • Covered patio or porch

Schools

  • River Bend Elementary And Middle School
  • Rolesville High School

Utilities

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

Community Details

  • Somerset Place HOA
  • Somerset Place Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,904

Year Built

Built in 1998

Lot Details

0

HOA Fees

$22 per month

Parking

2

Listing Details

  • Year Built: 1998
  • Prop. Type: Residential
  • Co List Office Mls Id: 1319
  • Co List Office Phone: 919-882-3200
  • Subdivision Name: Somerset Place
  • Above Grade Finished Sq Ft: 1325.0
  • Architectural Style: Traditional
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Contract Information Ownership Type: Other
  • General Property Information Lot Size Dimensions: Order Survey
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: Yes
  • Appliances Microwave: Yes
  • Cooling Central Air: Yes
  • Sewer:Public Sewer: Yes
  • Structure Type Site Built: Yes
  • Water Source Public: Yes
  • Flooring Carpet: Yes
  • Levels Two: Yes
  • Room Types Bedroom 2 Level: 2
  • Room Types Bedroom 3 Level: 2
  • Room Types Dining Room2: Yes
  • Architectural Style Traditional: Yes
  • Room Types Primary Bedroom Level: 2
  • Flooring Vinyl: Yes
  • Laundry Features Upper Level: Yes
  • Room Types Living Room2: Yes
  • General Property Information Senior Community YN: No
  • General Property Information Above Grade Finished Area: 1325.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 9583.2
  • General Property Information Lot Size Acres: 0.22
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Vinyl
  • Basement: Crawl Space
  • Appliances: Dishwasher, Electric Water Heater, Gas Cooktop, Microwave
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Total Bedrooms: 6
  • Appliances Dishwasher: Yes
  • Appliances:Gas Cooktop: Yes
  • Basement:Crawl Space: Yes
  • Appliances:Electric Water Heater: Yes
  • Fireplace Features:Living Room: Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Acres: 0.22
  • Construction Type: Fiber Cement
  • Patio And Porch Features: Covered, Deck, Porch
  • Construction Materials:Fiber Cement: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Covered2: Yes
  • Patio And Porch Features:Deck2: Yes
  • Lot Features:Corner Lot: 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: Electric, Forced Air, Natural Gas
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Electric4: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 130.0
  • Association Fee Frequency: Semi-Annually
  • Association Name: Somerset Place HOA
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: Somerset Place HOA
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 130.0
  • General Property Information:Association Fee Frequency: Semi-Annually

Schools

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

Lot Info

  • Lot Dimensions: Order Survey
  • Lot Size Sq Ft: 9583.2
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1904.0
  • Tax Year: 2021

MLS Schools

  • Elementary School: Wake - River Bend

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 5, 2024
Sold by
Sfr Javelin Borrower Lp and 2024-1 Ih Borrower Lp
Bought by
2024-1 Ih Borrower Lp
Current Estimated Value
$316,684

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$891,909,000
Outstanding Balance
$886,473,649
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
-$886,156,965

Purchase Details

Listed on
Oct 22, 2021
Closed on
Nov 8, 2021
Sold by
Carmax Auto Superstores Inc
Bought by
Sfr Javelin Borrower Lp
Seller's Agent
Chris Edwards
Keller Williams Realty Cary
Buyer's Agent
Meghan Lee
Imagination Homes LLC
List Price
$267,500
Sold Price
$283,500
Premium/Discount to List
$16,000
5.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.06%

Purchase Details

Closed on
Sep 20, 2021
Sold by
Smith Travis E and Smith Darlene
Bought by
Carmax Auto Superstores Inc

Purchase Details

Closed on
Nov 25, 1998
Sold by
South Atlantic Residential Properties Ll
Bought by
Smith Travis E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,864
Interest Rate
6.95%
Mortgage Type
FHA
Source: Public Records

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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 Type Sale Price Title Company
Special Warranty Deed -- Os National Title
Special Warranty Deed -- Os National Title
Special Warranty Deed $283,500 None Available
Warranty Deed $283,500 None Available
Warranty Deed $129,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $891,909,000 New Conventional
Closed $891,909,000 New Conventional
Previous Owner $94,930 New Conventional
Previous Owner $98,541 Unknown
Previous Owner $22,800 Credit Line Revolving
Previous Owner $12,237 Unknown
Previous Owner $125,000 Unknown
Previous Owner $127,864 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2023 12/15/23 Off Market $283,500 -- --
12/01/2021 12/01/21 Sold $283,500 +6.0% $214 / Sq Ft
10/29/2021 10/29/21 Pending -- -- --
10/27/2021 10/27/21 For Sale $267,500 -- $202 / 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 $2,871 $328,306 $90,000 $238,306
2023 $2,131 $193,649 $42,000 $151,649
2022 $1,981 $193,649 $42,000 $151,649
2021 $1,904 $193,649 $42,000 $151,649
2020 $1,870 $193,649 $42,000 $151,649
2019 $1,781 $151,948 $36,000 $115,948
2018 $1,680 $151,948 $36,000 $115,948
2017 $1,601 $151,948 $36,000 $115,948
2016 $1,568 $151,948 $36,000 $115,948
2015 $1,606 $153,133 $36,000 $117,133
2014 $1,523 $153,133 $36,000 $117,133
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2415245

Doorify MLS

APN: 1726.12-86-0592-000