Seller's Agent in 2024
Erin Daniel
Compass -- Chapel Hill - Durham
(919) 260-0700
1 in this area
80 Total Sales
475 Martin Madden Way Durham, NC 27707
New Hope NeighborhoodEstimated Value: $1,585,000 - $1,921,000
4
Beds
4.5
Baths
4,467
Sq Ft
$397/Sq Ft
Est. Value
Highlights
- Built-In Refrigerator
- Open Floorplan
- Wood Flooring
- Ephesus Elementary School Rated A
- Vaulted Ceiling
- Modernist Architecture
About This Home
As of September 2024Welcome 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
Compass -- Chapel Hill - Durham License #221294 Listed on: 06/13/2024
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
- Modern 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
- Primary bedroom located on second floor
- Dual Closets
- Walk-In Closet
- Dressing Area
- Double Vanity
- Separate Shower in Primary Bathroom
- Separate 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
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%
Views
36
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,901
Avg. Annual Appreciation
1.03%
Original Mortgage
$1,400,000
Outstanding Balance
$1,383,883
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$391,018
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
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Min James Kyung-Wook | $1,750,000 | None Listed On Document | |
| Wolf Myles | $1,378,500 | None Available | |
| Sage Built Llc | -- | None Available | |
| Sage Built Llc | $300,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Min James Kyung-Wook | $1,400,000 | |
| Previous Owner | Wolf Myles | $1,240,000 | |
| Previous Owner | Sage Built Llc | $450,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 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 Compared to Growth
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 | $16,058 | $1,747,200 | $560,000 | $1,187,200 |
| 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
Agents Affiliated with this Home
-
Erin Daniel
-
Maria Jaime Fiorito
Buyer's Agent in 2024
Maria Jaime Fiorito
Compass -- Chapel Hill - Durham
(919) 619-4255
3 in this area
90 Total Sales
-
M
Buyer's Agent in 2024
Maria Fiorito
Coldwell Banker - HPW
Map
Source: Doorify MLS
MLS Number: 10035243
APN: 9891607760
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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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