NOT LISTED FOR SALE

4940 Trotter Dr Raleigh, NC 27603

Estimated Value: $729,771 - $827,000

4 Beds
2.5 Baths
3,800 Sq Ft
$201/Sq Ft Est. Value

Last Sold May 10, 2022

Last sale price $670,000 $176 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $4,535/month

2 Days on Market

Highlights

  • Deck
  • Cathedral Ceiling
  • Main Floor Primary Bedroom
  • Traditional Architecture
  • Wood Flooring
  • Bonus Room

About This Home

As of May 2022

Custom built home in exceptional Raleigh location - 15 min. to downtown! 1st floor Master Suite with spacious MBath & walk-in closet, open vaulted family room, private office w/separate entry & gorgeous sunroom that leads to large fenced yard. 2nd floor has +3 bedrooms +2 bonus rooms. Custom features throughout include extensive trim, built-in cabinetry, hardwood & ceramic floors up & down. Updated windows, HVAC & tankless Rinnai water heater, whole house wired network, surround sound & security system.

Last Agent to Sell the Property

Edye Hammer

Keller Williams Realty Cary License #313969 Listed on: 03/24/2022

Keller Williams Realty Cary

Last Buyer's Agent

Diane Hayes

Allen Tate/Raleigh-Glenwood License #286920

Allen Tate/Raleigh-Glenwood

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,055

Year Built

  • Built in 2002

Lot Details

  • 0.57 Acre Lot
  • Lot Dimensions are 119x273x61x284
  • Fenced Yard
  • Irrigation Equipment

HOA Fees

  • $22 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Side Facing Garage
  • Garage Door Opener

Home Design

  • Traditional Architecture
  • Masonite

Interior Spaces

  • 3,800 Sq Ft Home
  • 2-Story Property
  • Bookcases
  • Coffered Ceiling
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Insulated Windows
  • Entrance Foyer
  • Family Room
  • Living Room with Fireplace
  • Dining Room
  • Home Office
  • Bonus Room
  • Sun or Florida Room
  • Utility Room
  • Laundry on main level
  • Crawl Space
  • Storm Doors

Kitchen

  • Self-Cleaning Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet

Outdoor Features

  • Deck
  • Patio
  • Porch

Schools

  • Banks Road Elementary School
  • Holly Grove Middle School
  • Willow Spring High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Propane
  • Heat Pump System
  • Tankless Water Heater
  • Gas Water Heater
  • Septic Tank

Community Details

  • Kohn Ell Association
  • Laneridge Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,055

Year Built

Built in 2002

Lot Details

0

HOA Fees

$22 per month

Parking

2

Listing Details

  • Year Built: 2002
  • Prop. Type: Residential
  • Subdivision Name: Laneridge
  • Above Grade Finished Sq Ft: 3800.0
  • 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: 119X273X61X284
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: Yes
  • Appliances Microwave: Yes
  • Laundry Features Main Level: Yes
  • Structure Type Site Built: Yes
  • Cooling Zoned: Yes
  • Flooring Carpet: Yes
  • Flooring Ceramic Tile: Yes
  • Levels Two: Yes
  • Room Types Bedroom 2 Level: 2
  • 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
  • Architectural Style Traditional: Yes
  • Room Types Office: Yes
  • Room Types Primary Bedroom Level: M
  • Room Types Utility Room: Yes
  • Appliances Refrigerators: Yes
  • Room Types Living Room2: Yes
  • Flooring Wood: Yes
  • Room Types Sunroom: Yes
  • Water Source Community Water: Yes
  • Other Equipment Irrigation Equipment: Yes
  • General Property Information Above Grade Finished Area: 3800.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 24829.2
  • General Property Information Lot Size Acres: 0.57
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Ceramic Tile, Combination, Wood
  • Interior Amenities: Bookcases, Cathedral Ceiling(s), Ceiling Fan(s), Coffered Ceiling(s), Entrance Foyer, Granite Counters, High Ceilings, Pantry, Walk-In Closet(s)
  • Basement: Crawl Space
  • Appliances: Dishwasher, Gas Cooktop, Gas Water Heater, Microwave, Plumbed For Ice Maker, Range Hood, Refrigerator, Self Cleaning Oven, Tankless Water Heater
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: Storm Door(s)
  • Fireplace Features: Gas Log, Living Room, Prefabricated
  • Fireplaces: 1
  • Total Bedrooms: 15
  • Appliances Dishwasher: Yes
  • 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:Walk-In Closet(s): Yes
  • Basement:Crawl Space: Yes
  • Community Features:Street Lights: Yes
  • Fireplace Features:Gas Log: Yes
  • Appliances:Gas Water Heater: Yes
  • Appliances:Self Cleaning Oven: Yes
  • Fireplace Features:Living Room: Yes
  • Interior Features:Cathedral Ceiling(s): Yes
  • Interior Features:Bookcases: Yes
  • Interior Features:Coffered Ceiling(s): Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Exterior Features: Fenced Yard
  • Acres: 0.57
  • Construction Type: Masonite
  • Patio And Porch Features: Deck, Patio, Porch
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Patio: Yes
  • Patio And Porch Features:Deck2: Yes
  • Exterior Features:Fenced - Yard: Yes
  • Door Features:Storm Door(s): Yes
  • Window Features:Insulated Windows: Yes
  • Construction Materials:Masonite: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Garage, Garage Door Opener, Garage Faces Side
  • Parking Features:Garage: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Garage Faces Side: Yes
  • General Property Information:Garage Spaces: 2.0

Utilities

  • Heating: Electric, Forced Air, Heat Pump, Propane
  • Cooling: Heat Pump, Zoned
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Community Water
  • Heating:Electric4: Yes
  • Heating:Forced Air: Yes
  • Heating:Heat Pump2: Yes
  • Sewer Septic Tank: Yes
  • HeatingCooling:Heat Pump: Yes
  • Heating:Propane2: Yes

Condo/Co-op/Association

  • Community Features: Street Lights
  • Association Fee: 260.0
  • Association Fee Frequency: Annually
  • Association Name: Kohn-Ell
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: Kohn-Ell
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 260.0
  • General Property Information:Association Fee Frequency: Annually

Schools

  • Ninth Grade High School: Wake - Willow Spring
  • Middle Or Junior School: Wake - Holly Grove

Lot Info

  • Lot Dimensions: 119X273X61X284
  • Lot Size Sq Ft: 24829.2
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3055.0
  • Tax Year: 2021

MLS Schools

  • Elementary School: Wake - Banks Road

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 24, 2022
Closed on
May 9, 2022
Sold by
Wright Marvin H and Wright Paulette
Bought by
Evans Matthew W and Schurr Kathleen
Seller's Agent
Edye Hammer
Keller Williams Realty Cary
Buyer's Agent
Diane Hayes
Allen Tate/Raleigh-Glenwood
List Price
$660,000
Sold Price
$670,000
Premium/Discount to List
$10,000
1.52%
Current Estimated Value
$754,001

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$84,001
Avg. Annual Appreciation
3.45%
Original Mortgage
$577,980
Outstanding Balance
$551,870
Interest Rate
5%
Mortgage Type
VA
Estimated Equity
$196,317

Purchase Details

Closed on
Dec 6, 2010
Sold by
Ramsey Bonita P and Ramsey Dennis R
Bought by
Wright Marvin H and Wright Paulette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$298,864
Interest Rate
3.74%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 31, 2002
Sold by
Kerr Smith Homes Inc
Bought by
Ramsey Dennis R and Ramsey Bonita P

Purchase Details

Closed on
May 14, 2001
Sold by
Perry Development Company Llc
Bought by
Djf Builders Inc
Source: Public Records

Range of Values:

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Average Value
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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
Evans Matthew W $670,000 None Listed On Document
Wright Marvin H $379,000 Blackacre Title Ins Agency
Ramsey Dennis R $435,000 --
Djf Builders Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Evans Matthew W $577,980
Previous Owner Wright Marvin H $708,000
Previous Owner Wright Marvin H $273,300
Previous Owner Wright Paulette B $100,000
Previous Owner Wright Marvin H $298,864
Previous Owner Ramsey Dennis R $350,000
Previous Owner Ramsey Dennis R $98,100
Previous Owner Ramsey Dennis R $309,400
Previous Owner Kerr Smith Homes & Land Inc $100,000
Previous Owner Kerr Smith Homes & Land Inc $322,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2023 12/15/23 Off Market $670,000 -- --
05/10/2022 05/10/22 Sold $670,000 +1.5% $176 / Sq Ft
03/30/2022 03/30/22 Pending -- -- --
03/28/2022 03/28/22 For Sale $660,000 -- $174 / 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 $4,187 $671,006 $100,000 $571,006
2023 $3,389 $432,096 $65,000 $367,096
2022 $3,141 $432,096 $65,000 $367,096
2021 $3,056 $432,096 $65,000 $367,096
2020 $3,006 $432,096 $65,000 $367,096
2019 $3,153 $383,588 $60,000 $323,588
2018 $2,898 $383,588 $60,000 $323,588
2017 $2,747 $383,588 $60,000 $323,588
2016 $2,692 $383,588 $60,000 $323,588
2015 $3,450 $493,811 $70,000 $423,811
2014 $3,269 $493,811 $70,000 $423,811
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2438296

Doorify MLS

APN: 0699.04-50-9465-000