$1,750,000
SOLD SEP 9, 2024

475 Martin Madden Way Durham, NC 27707

New Hope Neighborhood
4 Beds
4.5 Baths
4,467 Sq Ft
1.03 Acres

Recently Sold

$392 Per Sq Ft

12% Below List Price

47 Days on Market

Highlights

  • Built-In Refrigerator
  • Open Floorplan
  • Wood Flooring
  • Ephesus Elementary School Rated A
  • Vaulted Ceiling
  • Modernist Architecture

About This Home

As of September 2024

Welcome to this exquisite modern residence, a blend of artistry, elegance, and sophistication. A rare find in an otherwise traditional landscape, 475 Martin Madden Way is nestled in the heart of Henderson Woods, a small enclave of beautiful homes on expansive homesites with acreage dedicated to open space. Discover the perfect harmony of luxury and comfort in this architectural masterpiece, where every element has been thoughtfully designed to enhance your living experience.

This home boasts soaring ceilings with an abundance of windows that amplify the sense of space and light, allowing the fine details to shine through: white oak flooring; a custom-cast concrete oversized island with cabinetry; SubZero, Miele, and Fisher & Paykel appliances; a pantry that will delight; a boot and laundry room with cabinets, a sink, an iron station, and cubbies to capture the mess. And this is only the beginning. Open, airy, and bathed in natural light, the living room acts as the heart of the home and seamlessly integrates with the kitchen and dining room, enhancing the sense of space and flow. Windows and folding French doors offer beautiful views and blur the lines between indoor and outdoor living. Entertainment is a hallmark of this home. Wine lovers will be enthralled with the steel-framed, custom-built wine room that serves as a statement piece, complete with temperature control and a wine tasting counter. The outdoor living room provides year-round enjoyment with an Eze Breeze conversion system that easily switches between enclosed and screened, offering warmth and ambiance from a dual-sided fireplace. The grill island, crafted from high-quality natural stone and complete with a Bull grill, elevates outdoor entertainment while providing functionality and elegance.

Sleep and relaxation beckon in one of four spacious upstairs bedrooms (one with a private den), all with generous closets, wood shelving, and built-in quartz counter dressers. The light-filled owner's suite emanates luxury with a dressing suite that will melt anyone's heart, featuring six Norcraft Custom Closets adorned with opaque glass doors, a Broadway-style lit full-length mirror, and a soapstone custom island accented by a stunning glass chandelier.

As for convenience, Henderson Woods is beautifully perched between Durham and Chapel Hill. Its unique trademark: a Durham address, Orange County residence, and Chapel Hill-Carrboro schools. The floor plans will provide details regarding layout and storage, and the rest will be left to the photographs because, in so many ways, words simply cannot capture all that is 475 Martin Madden Way.

Last Agent to Sell the Property

Erin Daniel

Compass -- Chapel Hill - Durham License #221294

Compass -- Chapel Hill - Durham

Last Buyer's Agent

Maria Jaime Fiorito

Compass -- Chapel Hill - Durham License #275423

Compass -- Chapel Hill - Durham

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,370

Year Built

  • Built in 2018

Lot Details

  • 1.03 Acre Lot
  • Cleared Lot
  • Landscaped with Trees
  • Private Yard
  • Back Yard

HOA Fees

  • $138 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Accessed On Kitchen Level
  • Side Facing Garage
  • Garage Door Opener
  • Private Driveway
  • Additional Parking
  • 4 Open Parking Spaces

Home Design

  • Modernist Architecture
  • Flat Roof Shape
  • Combination Foundation
  • Blown-In Insulation
  • Batts Insulation
  • Rubber Roof
  • HardiePlank Type

Interior Spaces

  • 4,467 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Sound System
  • Wired For Data
  • Bar Fridge
  • Smooth Ceilings
  • Vaulted Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Double Sided Fireplace
  • See Through Fireplace
  • Gas Log Fireplace
  • Double Pane Windows
  • Shutters
  • Display Windows
  • Mud Room
  • Combination Dining and Living Room
  • Den
  • Screened Porch
  • Wood Flooring
  • Home Security System

Kitchen

  • Double Oven
  • Built-In Gas Oven
  • Built-In Gas Range
  • Built-In Refrigerator
  • Freezer
  • Ice Maker
  • Dishwasher
  • Wine Refrigerator
  • Wine Cooler
  • Kitchen Island
  • Quartz Countertops
  • Instant Hot Water

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Dual Closets
  • Walk-In Closet
  • Dressing Area
  • Double Vanity
  • Separate Shower in Primary Bathroom
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer
  • Sink Near Laundry

Outdoor Features

  • Glass Enclosed
  • Outdoor Kitchen
  • Fire Pit
  • Exterior Lighting
  • Separate Outdoor Workshop
  • Built-In Barbecue
  • Rain Gutters

Schools

  • Ephesus Elementary School
  • Guy Phillips Middle School
  • East Chapel Hill High School

Utilities

  • Cooling System Powered By Gas
  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Heat Pump System
  • Natural Gas Connected
  • Well
  • Tankless Water Heater
  • Water Purifier is Owned
  • Septic Tank
  • Septic System
  • High Speed Internet

Community Details

  • Association fees include ground maintenance
  • Henderson Woods HOA, Phone Number (919) 260-0700
  • Built by Sage Built LLC
  • Henderson Woods Subdivision
  • Maintained Community

Listing and Financial Details

  • Assessor Parcel Number 9891607760

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,370

Year Built

Built in 2018

Lot Details

0

HOA Fees

$138 per month

Parking

2

Listing Details

  • Builder Name: Sage Built LLC
  • Year Built: 2018
  • Prop. Type: Residential
  • Road Surface Type: Concrete, Paved
  • Reso Association Fee Includes: Maintenance Grounds
  • Subdivision Name: Henderson Woods
  • Above Grade Finished Sq Ft: 4467.0
  • Architectural Style: Modernist
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Effective Year Built: 2018
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: Yes
  • Cooling Central Air: Yes
  • Laundry Features Laundry Room: Yes
  • Laundry Features Main Level: Yes
  • Structure Type Site Built: Yes
  • Flooring Hardwood: Yes
  • Interior Features Separate Shower: Yes
  • Interior Features Smooth Ceilings: Yes
  • Levels Two: Yes
  • Lot Features Hardwood Trees: Yes
  • Water Source Well: Yes
  • Room Types Bedroom 2 Level: Second
  • Room Types Bedroom 3 Level: Second
  • Room Types Bedroom 4 Level: Second
  • Room Types Den2: Yes
  • Room Types Dining Room2: Yes
  • Room Types Primary Bedroom Level: Second
  • Interior Features LivingDining Room Combination: Yes
  • Room Types Living Room2: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Security Features Security System: Yes
  • General Property Information Association Phone: 919-260-0700
  • General Property Information Senior Community YN: No
  • Other Structures Workshop: Yes
  • Interior Features Dressing Room: Yes
  • Architectural Style Modernist: Yes
  • General Property Information Enhanced Accessible2: No
  • Room Types Mud Room: Yes
  • Utilities Water Connected: Yes
  • Cooling Gas3: Yes
  • General Property Information Above Grade Finished Area: 4467.0
  • Room Types Primary Bathroom Level: Second
  • Cooling Ceiling Fan(s): Yes
  • Room Types Laundry2: Yes
  • Utilities Natural Gas Connected: Yes
  • Utilities Septic Connected: Yes
  • Laundry Features Sink: Yes
  • Interior Features Dual Closets: Yes
  • General Property Information Lot Size Square Feet2: 44867.0
  • General Property Information Lot Size Acres: 1.03
  • Foundation Details Combination: Yes
  • RoofRubber: Yes
  • General Property Information Stories2: 2
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Renovated: 2018

Interior Features

  • Flooring: Hardwood
  • Interior Amenities: Ceiling Fan(s), Double Vanity, Dressing Room, Dual Closets, High Ceilings, High Speed Internet, Kitchen Island, Living/Dining Room Combination, Open Floorplan, Pantry, Quartz Counters, Recessed Lighting, Separate Shower, Smooth Ceilings, Sound System, Stone Counters, Vaulted Ceiling(s), Walk-In Closet(s), Walk-In Shower, Wired for Data, Wired for Sound
  • Appliances: Bar Fridge, Built-In Gas Oven, Built-In Gas Range, Built-In Range, Built-In Refrigerator, Dishwasher, Double Oven, Dryer, Freezer, Ice Maker, Instant Hot Water, Tankless Water Heater, Washer, Water Purifier Owned, Wine Cooler, Wine Refrigerator
  • Basement YN: No
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Double Sided, Gas Log, See Through
  • Fireplaces: 1
  • Total Bedrooms: 18
  • Stories: 2
  • Appliances Dishwasher: Yes
  • Appliances:Tankless Water Heater: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Interior Features:Double Vanity: Yes
  • Interior Features:High Ceilings: Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Walk-In Shower: Yes
  • Interior Features:Quartz Counters: Yes
  • Fireplace Features:Gas Log: Yes
  • Interior Features:Vaulted Ceiling(s): Yes
  • Appliances:Double Oven: Yes
  • Interior Features:High Speed Internet: Yes
  • Interior Features:Wired for Sound: Yes
  • Fireplace Features:Fireplaces Total: 1
  • Appliances:Ice Maker: Yes
  • Appliances:Freezer: Yes
  • Interior Features:Kitchen Island: Yes
  • Interior Features:Open Floorplan: Yes
  • Appliances:Wine Refrigerator: Yes
  • Interior Features:Recessed Lighting: Yes
  • Appliances:Built-In Range: Yes
  • Appliances:Built-In Gas Range: Yes
  • Appliances:Bar Fridge: Yes
  • Interior Features:Wired for Data: Yes
  • Appliances:Built-In Refrigerator: Yes
  • Interior Features:Stone Counters: Yes
  • Appliances:Instant Hot Water: Yes
  • Interior Features:Sound System: Yes
  • Appliances:Water Purifier Owned: Yes
  • Appliances:Wine Cooler: Yes
  • Appliances:Built-In Gas Oven: Yes
  • Fireplace Features:Double Sided: Yes
  • Fireplace Features:See Through: Yes

Exterior Features

  • Roof: Flat, Rubber
  • Exterior Features: Built-in Barbecue, Fire Pit, Lighting, Outdoor Grill, Outdoor Kitchen, Private Yard, Rain Gutters
  • Acres: 1.03
  • Disclosures: Seller Disclosure
  • Construction Type: Batts Insulation, Blown-In Insulation, Fiber Cement, HardiPlank Type
  • Foundation Details: Combination
  • Patio And Porch Features: Glass Enclosed, Screened, See Remarks
  • Construction Materials:Fiber Cement: Yes
  • Exterior Features:Rain Gutters: Yes
  • Patio And Porch Features:Screened: Yes
  • Exterior Features:Lighting: Yes
  • Patio And Porch Features:Glass Enclosed: Yes
  • Exterior Features:Fire Pit: Yes
  • Lot Features:Back Yard2: Yes
  • Exterior Features:Private Yard: Yes
  • Window Features:Shutters: Yes
  • Construction Materials:HardiPlank Type: Yes
  • Lot Features:Cleared: Yes
  • Window Features:Double Pane Windows: Yes
  • Window Features:Display Window(s): Yes
  • Exterior Features:Outdoor Grill: Yes
  • Exterior Features:Outdoor Kitchen: Yes
  • Exterior Features:Built-in Barbecue: Yes
  • Construction Materials:Batts Insulation: Yes
  • ConstructionSiding:Roof Flat: Yes
  • Construction Materials:Blown-In Insulation: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Open Parking Spaces: 4.0
  • Open Parking: Yes
  • Parking Features: Additional Parking, Driveway, Garage, Garage Door Opener, Garage Faces Side, Kitchen Level
  • Total Parking Spaces: 6.0
  • Parking Features:Garage: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Driveway: Yes
  • Parking Features:Garage Faces Side: Yes
  • General Property Information:Garage Spaces: 2.0
  • Parking Features:Additional Parking: Yes
  • Other Structures:Garage(s): Yes
  • Parking Features:Kitchen Level: Yes
  • General Property Information:Attached Garage YN: Yes
  • General Property Information:Parking Total: 6.0
  • General Property Information:Open Parking YN2: Yes
  • General Property Information:Open Parking Spaces2: 4.0

Utilities

  • Utilities: Natural Gas Connected, Septic Connected, Water Connected
  • Heating: Central, Heat Pump, Natural Gas
  • Cooling: Ceiling Fan(s), Central Air, Gas, Heat Pump
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Well
  • Heating:Natural Gas: Yes
  • Heating:Heat Pump2: Yes
  • Sewer Septic Tank: Yes
  • HeatingCooling:Heat Pump: Yes
  • Heating:Central: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 1650.0
  • Association Fee Frequency: Annually
  • Association Name: Henderson Woods HOA
  • Phone: 919-260-0700
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: Henderson Woods HOA
  • Association Fee Includes:Maintenance Grounds2: Yes
  • Association Amenities:Maintenance Grounds: Yes
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 1650.0
  • General Property Information:Association Fee Frequency: Annually

Schools

  • Ninth Grade High School: CH/Carrboro - East Chapel Hill
  • Middle Or Junior School: CH/Carrboro - Guy Phillips

Lot Info

  • Lot Size Sq Ft: 44867.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 9891607760
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 13370.22
  • Tax Year: 2023

MLS Schools

  • Elementary School: CH/Carrboro - Ephesus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 13, 2024
Closed on
Sep 6, 2024
Sold by
Wolf Myles and Wolf Rina
Bought by
Min James Kyung-Wook
Seller's Agent
Erin Daniel
Compass -- Chapel Hill - Durham
Buyer's Agent
Maria Jaime Fiorito
Compass -- Chapel Hill - Durham
List Price
$1,995,000
Sold Price
$1,750,000
Premium/Discount to List
-$245,000
-12.28%
Total Days on Market
47
Views
36
Current Estimated Value
$1,767,374

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,374
Avg. Annual Appreciation
1.46%
Original Mortgage
$1,400,000
Outstanding Balance
$1,391,468
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$375,906

Purchase Details

Closed on
Dec 11, 2018
Sold by
Sage Built Llc
Bought by
Wolf Myles and Wolf Rina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,240,000
Interest Rate
4.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 18, 2017
Sold by
Henderson Woods Inc
Bought by
Sage Built Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
3.94%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 20, 2017
Sold by
Humphries Family Llc
Bought by
Sage Built Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
3.94%
Mortgage Type
Commercial

Map

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
Warranty Deed $1,750,000 None Listed On Document
Warranty Deed $1,378,500 None Available
Quit Claim Deed -- None Available
Warranty Deed $300,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,400,000 New Conventional
Previous Owner $1,215,000 New Conventional
Previous Owner $1,235,000 Adjustable Rate Mortgage/ARM
Previous Owner $1,240,000 Adjustable Rate Mortgage/ARM
Previous Owner $1,006,725 Construction
Previous Owner $450,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/09/2024 09/09/24 Sold $1,750,000 -5.4% $392 / Sq Ft
07/31/2024 07/31/24 Pending -- -- --
07/26/2024 07/26/24 Price Changed $1,850,000 -7.3% $414 / Sq Ft
06/13/2024 06/13/24 For Sale $1,995,000 -- $447 / 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
2024 $13,973 $1,153,600 $300,000 $853,600
2023 $13,512 $1,153,600 $300,000 $853,600
2022 $13,175 $1,153,600 $300,000 $853,600
2021 $12,865 $1,153,600 $300,000 $853,600
2020 $12,853 $1,080,500 $295,000 $785,500
2018 $3,397 $295,000 $295,000 $0
2017 $0 $0 $0 $0
Source: Public Records

About the Listing Agent

Erin Daniel

Compass -- Chapel Hill - Durham

(919) 260-0700

Section Image

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Source: Doorify MLS

MLS Number: 10035243

Doorify MLS

APN: 9891607760