NOT LISTED FOR SALE

501 Chesterfield Rd Raleigh, NC 27608

Estimated Value: $2,746,000 - $3,382,000

6 Beds
4.5 Baths
6,337 Sq Ft
$473/Sq Ft Est. Value

Last Sold June 29, 2023

Last sale price $2,800,000 $442 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $19,665/month

3 Days on Market

Highlights

  • Family Room with Fireplace
  • Marble Flooring
  • Main Floor Primary Bedroom
  • Lacy Elementary Rated A
  • Transitional Architecture
  • Bonus Room

About This Home

As of June 2023

Welcome to this beautiful, custom-built all-brick home situated on a spacious .53-acre corner lot, in one of the most desirable locations you'll find. As you arrive, you'll be greeted by a circular driveway and an inviting covered front porch. Stepping inside a gracious foyer leads you to a family room w/ a masonry fireplace and a bright, white kitchen. The 1st floor boasts 10-foot ceilings, with 9-foot ceilings upstairs. Impressive reclaimed oak hardwoods throughout main level. The oversized primary bedroom and bathroom are conveniently located on the 1st floor. You can enjoy the outdoors in comfort from the screened porch w/ built in heaters and fans that overlooks a private backyard and patio with an outdoor wood-burning fireplace, as well as a separate patio with an outdoor grilling station. Recent updates include a new chef's kitchen with quartzite countertops and high-end appliances, redone bathrooms with Carrara marble heated floors, a whole-house generator, central vac, and much more. With a prime location, you can easily walk to grocery stores, restaurants and schools! Quiet street, minimal traffic!

Last Agent to Sell the Property

Graham Young

Berkshire Hathaway HomeService License #143163 Listed on: 04/25/2023

Berkshire Hathaway HomeService

Last Buyer's Agent

Wes Minton

Berkshire Hathaway HomeService License #52451

Berkshire Hathaway HomeService

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,951

Year Built

  • Built in 2008

Lot Details

  • 0.53 Acre Lot
  • Lot Dimensions are 156x124x40x186x109
  • Property has an invisible fence for dogs
  • Corner Lot
  • Irrigation Equipment
  • Landscaped with Trees
  • Property is zoned R-4

Parking

  • 2 Car Attached Garage
  • Workshop in Garage
  • Rear-Facing Garage
  • Garage Door Opener
  • Circular Driveway

Home Design

  • Transitional Architecture
  • Brick Exterior Construction

Interior Spaces

  • 6,337 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • Wired For Sound
  • Bookcases
  • Smooth Ceilings
  • High Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Gas Log Fireplace
  • Fireplace Features Masonry
  • Insulated Windows
  • Mud Room
  • Entrance Foyer
  • Family Room with Fireplace
  • 3 Fireplaces
  • Living Room with Fireplace
  • Breakfast Room
  • Dining Room
  • Home Office
  • Bonus Room
  • Screened Porch
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Double Self-Cleaning Convection Oven
  • Gas Range
  • Range Hood
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Quartz Countertops

Flooring

  • Wood
  • Radiant Floor
  • Marble

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Dressing Area
  • Double Vanity
  • Bathtub with Shower
  • Shower Only in Primary Bathroom
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on main level
  • Electric Dryer Hookup

Attic

  • Attic Floors
  • Permanent Attic Stairs

Home Security

  • Home Security System
  • Fire and Smoke Detector

Outdoor Features

  • Patio
  • Outdoor Fireplace
  • Exterior Lighting
  • Outdoor Gas Grill
  • Rain Gutters

Schools

  • Lacy Elementary School
  • Oberlin Middle School
  • Broughton High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Heat Pump System
  • Tankless Water Heater
  • Gas Water Heater
  • Cable TV Available

Additional Features

  • Accessible Washer and Dryer
  • Energy-Efficient Thermostat

Community Details

  • No Home Owners Association
  • Association fees include unknown
  • Budleigh Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,951

Year Built

Built in 2008

Lot Details

0

Parking

2

Listing Details

  • Year Built: 2008
  • Prop. Type: Residential
  • Reso Association Fee Includes: Unknown
  • Subdivision Name: Budleigh
  • Above Grade Finished Sq Ft: 6337.0
  • Architectural Style: Transitional
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Efficiency: Thermostat
  • Contract Information Ownership Type: Other
  • General Property Information Above Grade Unfinished Area: 850.0
  • General Property Information Total Unfinished Area2: 850.0
  • General Property Information Lot Size Dimensions: 156x124x40x186x109
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: Yes
  • Appliances Microwave: Yes
  • Architectural Style Transitional: Yes
  • Cooling Central Air: Yes
  • Interior Features BathtubShower Combination: Yes
  • Laundry Features Laundry Room: Yes
  • Laundry Features Main Level: Yes
  • Security Features Smoke Detector(s): Yes
  • Sewer:Public Sewer: Yes
  • Structure Type Site Built: Yes
  • Water Source Public: Yes
  • Cooling Zoned: Yes
  • Flooring Hardwood: Yes
  • Interior Features Separate Shower: Yes
  • Interior Features Smooth Ceilings: Yes
  • Levels Two: Yes
  • Lot Features Hardwood Trees: 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
  • Room Types Office: Yes
  • Room Types Primary Bedroom Level: M
  • Laundry Features Electric Dryer Hookup: Yes
  • Room Types Bedroom 5 Level: 2
  • Appliances Refrigerators: Yes
  • Room Types Living Room2: Yes
  • Room Types Breakfast Room: Yes
  • Interior Features Shower Only: Yes
  • Utilities Cable Available: Yes
  • Security Features Security System: Yes
  • Flooring Marble: Yes
  • Interior Features Dressing Room: Yes
  • Fencing Invisible: Yes
  • Other Equipment Irrigation Equipment: Yes
  • Room Types Mud Room: Yes
  • General Property Information Above Grade Finished Area: 6337.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 23086.8
  • General Property Information Lot Size Acres: 0.53
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Flooring: Hardwood, Marble
  • Interior Amenities: Bathtub/Shower Combination, Bookcases, Ceiling Fan(s), Central Vacuum, Double Vanity, Dressing Room, Eat-in Kitchen, Entrance Foyer, High Ceilings, Pantry, Primary Downstairs, Quartz Counters, Separate Shower, Shower Only, Smooth Ceilings, Walk-In Closet(s), Walk-In Shower, Wired for Sound
  • Basement: Crawl Space
  • Appliances: Convection Oven, Dishwasher, Double Oven, Gas Range, Gas Water Heater, Microwave, Plumbed For Ice Maker, Range Hood, Refrigerator, Self Cleaning Oven, Tankless Water Heater
  • Basement YN: No
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Fireplace Features: Family Room, Gas, Gas Log, Living Room, Masonry, Outside, Wood Burning
  • Fireplaces: 3
  • Total Bedrooms: 14
  • Appliances Dishwasher: 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:Double Vanity: Yes
  • Interior Features:Entrance Foyer: Yes
  • Interior Features:High Ceilings: Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Primary Downstairs: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Walk-In Shower: Yes
  • Basement:Crawl Space: Yes
  • Fireplace Features:Family Room: Yes
  • Fireplace Features:Outside: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Interior Features:Quartz Counters: Yes
  • Fireplace Features:Gas Log: Yes
  • Appliances:Gas Water Heater: Yes
  • Appliances:Self Cleaning Oven: Yes
  • Fireplace Features:Masonry: Yes
  • Fireplace Features:Wood Burning: Yes
  • Fireplace Features:Living Room: Yes
  • Fireplace Features:Gas4: Yes
  • Interior Features:Bookcases: Yes
  • Attic Features:Floored: Yes
  • Appliances:Double Oven: Yes
  • Interior Features:Central Vacuum: Yes
  • Appliances:Gas Range: Yes
  • Interior Features:Wired for Sound: Yes
  • Attic Features:Permanent Stairs: Yes
  • Appliances:Convection Oven: Yes
  • Fireplace Features:Fireplaces Total: 3

Exterior Features

  • Exterior Features: Gas Grill, Lighting, Rain Gutters
  • Fencing: Invisible
  • Acres: 0.53
  • Construction Type: Brick
  • Patio And Porch Features: Covered, Patio, Porch, Screened
  • Accessibility Features:Accessible WasherDryer: Yes
  • Exterior Features:Rain Gutters: Yes
  • Lot Features:Landscaped: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Screened: Yes
  • Patio And Porch Features:Covered2: Yes
  • Patio And Porch Features:Patio: Yes
  • Window Features:Insulated Windows: Yes
  • Lot Features:Corner Lot: Yes
  • Construction Materials:Brick: Yes
  • Exterior Features:Lighting: Yes
  • Exterior Features:Gas Grill: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Circular Driveway, Concrete, Driveway, Garage, Garage Door Opener, Garage Faces Rear, Workshop in Garage
  • Parking Features:Attached: Yes
  • Parking Features:Garage: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Concrete4: Yes
  • Parking Features:Driveway: Yes
  • Parking Features:Workshop in Garage: Yes
  • Parking Features:Circular Driveway: Yes
  • Parking Features:Garage Faces Rear: Yes
  • General Property Information:Garage Spaces: 2.0

Utilities

  • Utilities: Cable Available
  • Heating: Electric, Forced Air, Heat Pump, Natural Gas, Radiant Floor, Zoned
  • Cooling: Central Air, Zoned
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Electric4: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes
  • Heating:Heat Pump2: Yes
  • Heating:Zoned2: Yes
  • Heating:Radiant Floor: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Ninth Grade High School: Wake - Broughton
  • Middle Or Junior School: Wake - Oberlin

Lot Info

  • Zoning: R-4
  • Lot Dimensions: 156x124x40x186x109
  • Lot Size Sq Ft: 23086.8
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Green Features

  • Green Energy Efficient:Thermostat: Yes

Tax Info

  • Tax Annual Amount: 14951.0
  • Tax Year: 2022

MLS Schools

  • Elementary School: Wake - Lacy

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 14, 2017
Sold by
Malone Matthew Thomas and Malone Monica Mattox
Bought by
Segave Jospeh and Segave Ashley
Current Estimated Value
$3,219,588

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,212,000
Outstanding Balance
$1,032,252
Interest Rate
3.94%
Mortgage Type
New Conventional
Estimated Equity
$1,964,923

Purchase Details

Closed on
May 22, 2007
Sold by
Worth Randolph L
Bought by
Ferrell William G and Ferrell Melissa L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$528,574
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 5, 2007
Sold by
Ferrell William G and Ferrell Melissa L
Bought by
Malone Matthew Thomas and Malone Monica Mattox

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$528,574
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Segave Jospeh $1,515,000 None Available
Ferrell William G $710,000 None Available
Malone Matthew Thomas $525,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Segrave Joseph $150,000
Open Segave Jospeh $1,212,000
Previous Owner Malone Matthew Thomas $426,000
Previous Owner Malone Matthew Thomas $934,000
Previous Owner Malone Matthew Thomas $425,000
Previous Owner Malone Matthew Thomas $195,000
Previous Owner Malone Matthew Thomas $118,000
Previous Owner Malone Matthew Thomas $944,559
Previous Owner Ferrell William G $528,574
Previous Owner Malone Matthew Thomas $437,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2023 12/15/23 Off Market $2,800,000 -- --
06/29/2023 06/29/23 Sold $2,800,000 +5.7% $442 / Sq Ft
04/28/2023 04/28/23 Pending -- -- --
04/25/2023 04/25/23 For Sale $2,650,000 -- $418 / 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 $25,467 $2,930,008 $945,000 $1,985,008
2023 $16,095 $1,474,725 $525,000 $949,725
2022 $14,952 $1,474,725 $525,000 $949,725
2021 $14,369 $1,474,725 $525,000 $949,725
2020 $14,107 $1,474,725 $525,000 $949,725
2019 $16,150 $1,391,871 $440,000 $951,871
2018 $15,228 $1,391,871 $440,000 $951,871
2017 $14,500 $1,391,871 $440,000 $951,871
2016 $14,200 $1,391,871 $440,000 $951,871
2015 $13,818 $1,332,530 $406,800 $925,730
2014 $13,103 $1,332,530 $406,800 $925,730
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Doorify MLS

MLS Number: 2507144

Doorify MLS

APN: 0795.16-82-6794-000