501 Colleton Rd Raleigh, NC 27610
King Charles NeighborhoodEstimated Value: $967,000
3
Beds
2.5
Baths
2,204
Sq Ft
$439/Sq Ft
Est. Value
Highlights
- New Construction
- Contemporary Architecture
- Loft
- Underwood Magnet Elementary School Rated A
- Wood Flooring
- High Ceiling
About This Home
As of June 2023Modern Home Situated in a Highly Desireable Downtown Raleigh with Access to Various Emenities, Entertainemnt Options & Vibrant City Life! This Home Boasts a Range of Upgraded Features, including A Modernist Kitchen Equipped w/Sleek Black Stainless Steel Appliances, Contemporary Faux Concrete Surround Fireplace & Owner's Suite w/Luxurious Bath Includes Rainfall Shower, Deep Soaking Tub & Designer Aesthetic Tiles! A Level 1/4 Acre, Fully Fenced Yard w/Covered Patio provides Privacy for Outdoor Gatherings & Backyard Oasis for a Potential Pool! This Home is Part of a Larger Trend of New Homes Revitalizing & Reimagining the In-Town Neighborhood, Making it an Exciting & Evolving Area to Live!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,200
Year Built
- Built in 2023 | New Construction
Lot Details
- 0.25 Acre Lot
- Fenced Yard
- Water-Smart Landscaping
Home Design
- Contemporary Architecture
- Modernist Architecture
- Block Foundation
- Slab Foundation
- Stem Wall Foundation
- Frame Construction
- Low Volatile Organic Compounds (VOC) Products or Finishes
Interior Spaces
- 2,204 Sq Ft Home
- 2-Story Property
- Wet Bar
- Bookcases
- Tray Ceiling
- Smooth Ceilings
- High Ceiling
- Ceiling Fan
- Gas Log Fireplace
- Insulated Windows
- Entrance Foyer
- Family Room with Fireplace
- Breakfast Room
- Combination Kitchen and Dining Room
- Home Office
- Loft
- Utility Room
- Fire and Smoke Detector
Kitchen
- Built-In Oven
- Induction Cooktop
- Range Hood
- Microwave
- Dishwasher
- ENERGY STAR Qualified Appliances
- Quartz Countertops
Flooring
- Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- Walk-In Closet
- Low Flow Plumbing Fixtures
- Soaking Tub
- Bathtub with Shower
- Shower Only in Primary Bathroom
Laundry
- Laundry Room
- Laundry on upper level
Attic
- Pull Down Stairs to Attic
- Unfinished Attic
Parking
- Parking Pad
- Private Driveway
Eco-Friendly Details
- Energy-Efficient Lighting
- Energy-Efficient Thermostat
- No or Low VOC Paint or Finish
- Ventilation
- Watersense Fixture
Outdoor Features
- Covered patio or porch
- Rain Gutters
Schools
- Wake County Schools Elementary And Middle School
- Wake County Schools High School
Utilities
- Forced Air Zoned Heating and Cooling System
- Heat Pump System
- Electric Water Heater
- Cable TV Available
Community Details
- No Home Owners Association
- Association fees include unknown
- Built by Boardwalk Enterprises, Inc.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 19, 2023
Closed on
Jun 20, 2023
Sold by
Boardwalk Enterprises Inc
Bought by
Searle Ian J
Seller's Agent
Jim Allen
Coldwell Banker HPW
Buyer's Agent
Linda Craft
Linda Craft Team, REALTORS
List Price
$850,000
Sold Price
$850,000
Total Days on Market
7
Views
64
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
$117,000
Avg. Annual Appreciation
6.91%
Original Mortgage
$722,500
Outstanding Balance
$707,606
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$259,394
Purchase Details
Listed on
Aug 7, 2021
Closed on
Sep 3, 2021
Sold by
Thomas James Carl and Marshall Nancy H
Bought by
Thomas Roseanne Oneal and Thomas Timothy Carl
Seller's Agent
Oscar Romero Lemus
Blue Endeavours Real Estate
Buyer's Agent
Ann Ledford
Redfin Corporation
List Price
$280,000
Sold Price
$250,100
Premium/Discount to List
-$29,900
-10.68%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
98.83%
Purchase Details
Listed on
Aug 7, 2021
Closed on
Aug 27, 2021
Sold by
Thomas Roseanne Oneal and Estate Of Ralph A Thomas
Bought by
Boamwalk Enterprises Inc
Seller's Agent
Oscar Romero Lemus
Blue Endeavours Real Estate
Buyer's Agent
Ann Ledford
Redfin Corporation
List Price
$280,000
Sold Price
$250,100
Premium/Discount to List
-$29,900
-10.68%
Purchase Details
Closed on
Apr 24, 2005
Sold by
Thomas Myrtle Hicks
Bought by
Thomas Ralph Alvin
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
Similar Homes in Raleigh, NC
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Searle Ian J | $850,000 | None Listed On Document | |
| Thomas Roseanne Oneal | -- | None Available | |
| Boamwalk Enterprises Inc | $250,500 | None Available | |
| Thomas Ralph Alvin | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Searle Ian J | $722,500 | |
| Previous Owner | Boardwalk Enterprises Inc | $555,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/15/2023 12/15/23 | Off Market | $850,000 | -- | -- |
| 12/15/2023 12/15/23 | Off Market | $250,100 | -- | -- |
| 06/21/2023 06/21/23 | Sold | $850,000 | 0.0% | $386 / Sq Ft |
| 05/26/2023 05/26/23 | Pending | -- | -- | -- |
| 05/19/2023 05/19/23 | For Sale | $850,000 | +239.9% | $386 / Sq Ft |
| 09/10/2021 09/10/21 | Sold | $250,100 | -10.7% | $180 / Sq Ft |
| 08/13/2021 08/13/21 | Pending | -- | -- | -- |
| 08/07/2021 08/07/21 | For Sale | $280,000 | -- | $202 / 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 |
|---|---|---|---|---|
| 2024 | $7,200 | $826,697 | $190,000 | $636,697 |
| 2022 | $2,403 | $235,348 | $126,500 | $108,848 |
| 2021 | $2,310 | $235,348 | $126,500 | $108,848 |
| 2020 | $2,268 | $235,348 | $126,500 | $108,848 |
| 2019 | $1,546 | $131,636 | $48,000 | $83,636 |
| 2018 | $0 | $131,636 | $48,000 | $83,636 |
| 2017 | $1,389 | $131,636 | $48,000 | $83,636 |
| 2016 | $1,361 | $131,636 | $48,000 | $83,636 |
| 2015 | $1,090 | $103,340 | $28,000 | $75,340 |
| 2014 | $1,035 | $103,340 | $28,000 | $75,340 |
Source: Public Records
Agents Affiliated with this Home
-
Jim Allen
Seller's Agent in 2023
Jim Allen
Coldwell Banker HPW
(919) 845-9909
10 in this area
4,771 Total Sales
-
Linda Craft
Buyer's Agent in 2023
Linda Craft
Linda Craft Team, REALTORS
(919) 235-6313
2 in this area
935 Total Sales
-
Steve Kruger
Buyer Co-Listing Agent in 2023
Steve Kruger
Linda Craft Team, REALTORS
(919) 740-9795
1 in this area
54 Total Sales
-
Oscar Romero Lemus
O
Seller's Agent in 2021
Oscar Romero Lemus
Blue Endeavours Real Estate
(919) 414-5144
1 in this area
22 Total Sales
-
A
Buyer's Agent in 2021
Ann Ledford
Redfin Corporation
(919) 210-7508
1 in this area
19 Total Sales
Map
Source: Doorify MLS
MLS Number: 2511918
APN: 1714.18-41-7677-000
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