NOT LISTED FOR SALE

4607 Grinding Stone Dr Unit C Raleigh, NC 27604

Atlantic Neighborhood

Estimated Value: $145,000 - $186,000

2 Beds
1 Bath
910 Sq Ft
$245/mo HOA Fee

Last Sold February 16, 2023

Last sale price $125,000 $137 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $1,267/month

1 Day on Market

Highlights

  • Clubhouse
  • End Unit
  • Patio
  • Transitional Architecture
  • Porch
  • Entrance Foyer

About This Home

As of February 2023

Excellent investment opportunity in North Raleigh! Two bedroom end unit condominium with amazing potential. HVAC system recently inspected and in working condition. Kitchen cabinets and some flooring were removed as a result of the dishwasher pipe bursting on 12/26/22. Seller had washer and dryer connection in the hall repaired. Documentation and receipts for all professional repairs as well as HVAC inspection report included in disclosures. Seller has never lived in the condo. Being sold "As-Is".

Last Agent to Sell the Property

Jennifer Watts

Five Over Four Realty License #299687 Listed on: 01/26/2023

Co-Listed By

Lori Ransom

Five Over Four Realty License #211718

Last Buyer's Agent

HoiLun Kam

Universal Realty License #296716

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $848

Year Built

  • Built in 1974

Lot Details

  • End Unit

HOA Fees

  • $245 Monthly HOA Fees

Parking

  • Assigned Parking

Home Design

  • Transitional Architecture
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 910 Sq Ft Home
  • 1-Story Property
  • Entrance Foyer
  • Living Room with Fireplace
  • Dining Room
  • Laundry in Hall

Flooring

  • Concrete
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Patio
  • Porch

Schools

  • Lead Mine Elementary School
  • Carroll Middle School
  • Sanderson High School

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Community Details

Overview

  • Association fees include ground maintenance, maintenance structure, sewer, trash, water
  • Elite Mgmt Professionals Association
  • Walden Woods Condominiums Subdivision

Amenities

  • Clubhouse

Property Details

Home Type

Condominium

Est. Annual Taxes

$848

Year Built

Built in 1974

Lot Details

0

HOA Fees

$245 per month

Listing Details

  • Year Built: 1974
  • Prop. Type: Residential
  • Reso Association Fee Includes: Maintenance Grounds, Maintenance Structure, Sewer, Trash, Water
  • Co List Office Mls Id: 3198
  • Co List Office Phone: 919-876-8824
  • Subdivision Name: Walden Woods Condominiums
  • Above Grade Finished Sq Ft: 910.0
  • Architectural Style: Transitional
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Contract Information Ownership Type: Condominium
  • General Property Information Lot Size Dimensions: Condo
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: Yes
  • Architectural Style Transitional: Yes
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Foundation Details Slab: Yes
  • Levels One: Yes
  • Sewer:Public Sewer: Yes
  • Structure Type Site Built: Yes
  • Water Source Public: Yes
  • Cooling:Electric: Yes
  • Room Types Bedroom 2 Level: M
  • Room Types Dining Room2: Yes
  • Room Types Primary Bedroom Level: M
  • Room Types Living Room2: Yes
  • Common Walls End Unit: Yes
  • Laundry Features In Hall: Yes
  • General Property Information Above Grade Finished Area: 910.0
  • General Property Information Carport YN: No
  • Flooring Concrete3: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Concrete, Tile
  • Interior Amenities: Entrance Foyer
  • Appliances: Electric Water Heater
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Total Bedrooms: 5
  • Interior Features:Entrance Foyer: Yes
  • Appliances:Electric Water Heater: Yes
  • Fireplace Features:Living Room: Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Common Walls: End Unit
  • Construction Type: Vinyl Siding
  • Foundation Details: Slab
  • Patio And Porch Features: Patio, Porch
  • Patio and Porch Features:Porch: Yes
  • Construction Materials:Vinyl Siding: Yes
  • Patio And Porch Features:Patio: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Assigned
  • Parking Features:Assigned: Yes

Utilities

  • Heating: Electric, Forced Air
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Electric4: Yes
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association Fee: 245.24
  • Association Fee Frequency: Monthly
  • Association Name: Elite Mgmt Professionals
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: Elite Mgmt Professionals
  • Association Fee Includes:Maintenance Grounds2: Yes
  • Association Fee Includes:Maintenance Structure2: Yes
  • Association Amenities:Clubhouse: Yes
  • Association Fee Includes:Trash2: Yes
  • Association Fee Includes:Water2: Yes
  • Association Fee Includes:Sewer: Yes
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 245.24
  • General Property Information:Association Fee Frequency: Monthly

Schools

  • Ninth Grade High School: Wake - Sanderson
  • Middle Or Junior School: Wake - Carroll

Lot Info

  • Lot Dimensions: Condo

Tax Info

  • Tax Annual Amount: 848.0
  • Tax Year: 2022

MLS Schools

  • Elementary School: Wake - Lead Mine

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 15, 2023
Sold by
Jin Jessica M
Bought by
Owens Laura Anne
Current Estimated Value
$170,530

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Outstanding Balance
$141,605
Interest Rate
7.49%
Mortgage Type
New Conventional
Estimated Equity
$24,775

Purchase Details

Closed on
Nov 7, 2023
Sold by
Bowers Sarah Natoli
Bought by
Rodriguez Jose De Jesus Ram and Hernandez Gloria Rivera

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Outstanding Balance
$141,605
Interest Rate
7.49%
Mortgage Type
New Conventional
Estimated Equity
$24,775

Purchase Details

Listed on
Jan 26, 2023
Closed on
Feb 11, 2023
Sold by
Kester Amber Brooke
Bought by
Jin Jessica M
Seller's Agent
Jennifer Watts
Five Over Four Realty
Buyer's Agent
HoiLun Kam
Universal Realty
List Price
$115,000
Sold Price
$125,000
Premium/Discount to List
$10,000
8.7%
Views
53

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.58%

Purchase Details

Listed on
Jan 26, 2023
Closed on
Feb 9, 2023
Sold by
Cook Mark Wayne
Bought by
Jin Jessica M
Seller's Agent
Jennifer Watts
Five Over Four Realty
Buyer's Agent
HoiLun Kam
Universal Realty
List Price
$115,000
Sold Price
$125,000
Premium/Discount to List
$10,000
8.7%
Views
53

Purchase Details

Listed on
Jan 26, 2023
Closed on
Jan 9, 2023
Sold by
Kester Gilda
Bought by
Kester Amber Brooke
Seller's Agent
Jennifer Watts
Five Over Four Realty
Buyer's Agent
HoiLun Kam
Universal Realty
List Price
$115,000
Sold Price
$125,000
Premium/Discount to List
$10,000
8.7%
Views
53

Purchase Details

Closed on
Oct 19, 2017
Sold by
Rojas Juan Carlos and Rojas Lindsay Lambert
Bought by
Kester Gilda

Purchase Details

Closed on
Jun 7, 2017
Sold by
Moreno Percy
Bought by
Rojas Juan Carlos

Purchase Details

Closed on
Apr 21, 2017
Sold by
Brock Ana
Bought by
Moreno Percy

Purchase Details

Closed on
May 28, 2014
Sold by
Blackmon Sarah Elizabeth
Bought by
Brock Ana Maria

Purchase Details

Closed on
Oct 5, 2009
Sold by
Navy Federal Credit Union
Bought by
Blackmon Sarah Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,250
Interest Rate
4.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 7, 2009
Sold by
Durante Lance P
Bought by
Navy Federal Credit Union

Purchase Details

Closed on
Dec 2, 2005
Sold by
Nu Beginning Llc
Bought by
Durante Lance

Purchase Details

Closed on
Nov 7, 2005
Sold by
Fannie Mae
Bought by
Nu Beginning Llc

Purchase Details

Closed on
Aug 25, 2005
Sold by
Shaw Lyndi and Chase Home Finance Llc
Bought by
Federal National Mortgage Association
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
Owens Laura Anne $160,000 None Listed On Document
Owens Laura Anne $160,000 None Listed On Document
Rodriguez Jose De Jesus Ram $186,000 None Listed On Document
Jin Jessica M $125,000 --
Jin Jessica M $125,000 None Listed On Document
Jin Jessica M -- --
Jin Jessica M -- None Listed On Document
Kester Amber Brooke -- --
Kester Gilda $61,000 None Available
Rojas Juan Carlos $30,000 None Available
Moreno Percy -- None Available
Brock Ana Maria $47,500 None Available
Blackmon Sarah Elizabeth $43,500 None Available
Navy Federal Credit Union $50,575 None Available
Durante Lance -- None Available
Nu Beginning Llc -- None Available
Federal National Mortgage Association $47,653 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Owens Laura Anne $144,000
Closed Owens Laura Anne $144,000
Previous Owner Blackmon Sarah Elizabeth $44,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2023 12/15/23 Off Market $125,000 -- --
02/16/2023 02/16/23 Sold $125,000 +8.7% $137 / Sq Ft
01/26/2023 01/26/23 Pending -- -- --
01/25/2023 01/25/23 For Sale $115,000 -- $126 / 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 $1,455 $164,548 -- $164,548
2024 $1,449 $164,548 $0 $164,548
2023 $912 $81,817 $0 $81,817
2022 $1,093 $81,817 $0 $81,817
2021 $816 $81,817 $0 $81,817
2020 $802 $81,817 $0 $81,817
2019 $675 $56,557 $0 $56,557
2018 $638 $56,557 $0 $56,557
2017 $608 $56,557 $0 $56,557
2016 $596 $56,557 $0 $56,557
2015 $709 $66,534 $0 $66,534
2014 -- $66,534 $0 $66,534
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2492039

Doorify MLS

APN: 1716.16-93-7011-145