NOT LISTED FOR SALE

5016 Lakemont Dr Raleigh, NC 27609

North Hills Neighborhood

Estimated Value: $603,000 - $692,000

4 Beds
2 Baths
1,848 Sq Ft
$359/Sq Ft Est. Value

Last Sold December 14, 2020

Last sale price $380,700 $206 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $3,931/month

63 Days on Market

Highlights

  • Deck
  • Ranch Style House
  • No HOA
  • Douglas Elementary Rated A-
  • Wood Flooring
  • Porch

About This Home

As of December 2020

This classic split-level style home located in Northwood Acres. This home has been upgraded from the subflooring, roof (2018), HVAC (2018), and drainage system (2018). The owner also remodeled both bathrooms and the walkout basement. This home sits on .53 acres. The spacious backyard features a fire pit, new freshly painted deck, and a storage building (wired). This home is hard to resist. Come home today! Kitchen island doesn?t convey, Ethan Allen credenza does not convey.

Last Agent to Sell the Property

Dawn Hooper

Feyan License #296330 Listed on: 09/11/2020

Last Buyer's Agent

Verria Hairston

Opendoor Brokerage LLC License #309654

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,473

Year Built

  • Built in 1967

Lot Details

  • 0.53 Acre Lot
  • Lot Dimensions are 124 x 209 x 136 x 186
  • Property is zoned R-4

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Wood Siding

Interior Spaces

  • Entrance Foyer
  • Living Room
  • Dining Room
  • Storage

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Finished Basement

  • Heated Basement
  • Interior and Exterior Basement Entry
  • Laundry in Basement
  • Natural lighting in basement

Parking

  • Garage
  • Front Facing Garage
  • Gravel Driveway

Outdoor Features

  • Deck
  • Patio
  • Rain Gutters
  • Porch

Schools

  • Douglas Elementary School
  • Carroll Middle School
  • Sanderson High School

Utilities

  • Central Air
  • Floor Furnace
  • Heating System Uses Natural Gas
  • Heat Pump System

Community Details

  • No Home Owners Association
  • Northwood Acres Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,473

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Year Built: 1967
  • Prop. Type: Residential
  • Subdivision Name: Northwood Acres
  • Above Grade Finished Sq Ft: 1220.0
  • Architectural Style: Ranch
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Multi/Split
  • New Construction: No
  • Contract Information Ownership Type: Other
  • General Property Information Below Grade Unfinished Area: 110.0
  • General Property Information Total Unfinished Area2: 110.0
  • General Property Information Lot Size Dimensions: 124 x 209 x 136 x 186
  • General Property Information Basement YN: Yes
  • General Property Information Fireplace YN: No
  • Architectural Style Ranch: Yes
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Sewer:Public Sewer: Yes
  • Structure Type Site Built: Yes
  • Water Source Public: Yes
  • Flooring Hardwood: Yes
  • Room Types Bedroom 2 Level: M
  • Room Types Bedroom 3 Level: M
  • Room Types Bedroom 4 Level: B
  • Room Types Dining Room2: Yes
  • Room Types Primary Bedroom Level: M
  • Room Types Living Room2: Yes
  • General Property Information Senior Community YN: No
  • Levels MultiSplit: Yes
  • Basement Heated3: Yes
  • Laundry Features In Basement: Yes
  • General Property Information Above Grade Finished Area: 1220.0
  • General Property Information Below Grade Finished Area: 628.0
  • 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: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Hardwood, Tile
  • Interior Amenities: Entrance Foyer, Storage
  • Basement: Daylight, Exterior Entry, Finished, Heated, Interior Entry
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 628.0
  • Total Bedrooms: 7
  • Interior Features:Entrance Foyer: Yes
  • Interior Features:Storage3: Yes
  • Basement:Daylight: Yes
  • Basement:Exterior Entry: Yes
  • Basement:Interior Entry: Yes
  • Basement Finished: Yes

Exterior Features

  • Exterior Features: Rain Gutters
  • Acres: 0.53
  • Construction Type: Brick, Wood Siding
  • Patio And Porch Features: Deck, Patio, Porch
  • Exterior Features:Rain Gutters: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Patio: Yes
  • Patio And Porch Features:Deck2: Yes
  • Construction Materials:Wood Siding: Yes
  • Construction Materials:Brick: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Concrete, Driveway, Garage Faces Front, Gravel
  • Parking Features:Concrete4: Yes
  • Parking Features:Driveway: Yes
  • Parking Features:Garage Faces Front: Yes
  • Parking Features:Gravel: Yes

Utilities

  • Heating: Electric, Floor Furnace, Heat Pump, Natural Gas
  • Cooling: Central Air, Heat Pump
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Electric4: Yes
  • Heating:Natural Gas: Yes
  • Heating:Heat Pump2: Yes
  • HeatingCooling:Heat Pump: Yes
  • Heating:Floor Furnace: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Ninth Grade High School: Wake - Sanderson
  • Middle Or Junior School: Wake - Carroll

Lot Info

  • Zoning: R-4
  • Lot Dimensions: 124 x 209 x 136 x 186
  • Lot Size Sq Ft: 23086.8
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3473.0
  • Tax Year: 2020
  • Tax Map Number: 1706.16-73-6534.000

MLS Schools

  • Elementary School: Wake - Douglas

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 11, 2020
Closed on
Feb 12, 2021
Sold by
Opendoor Property Trust I
Bought by
Clounie Michael
Seller's Agent
Dawn Hooper
Feyan
Buyer's Agent
Verria Hairston
Opendoor Brokerage LLC
List Price
$425,000
Sold Price
$380,700
Premium/Discount to List
-$44,300
-10.42%
Current Estimated Value
$663,171

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$282,471
Avg. Annual Appreciation
12.15%
Original Mortgage
$377,200
Outstanding Balance
$336,778
Interest Rate
2.6%
Mortgage Type
New Conventional
Estimated Equity
$326,393

Purchase Details

Listed on
Sep 11, 2020
Closed on
Dec 14, 2020
Sold by
London Louis L and London Roxanne L
Bought by
Opendoor Property Trust I
Seller's Agent
Dawn Hooper
Feyan
Buyer's Agent
Verria Hairston
Opendoor Brokerage LLC
List Price
$425,000
Sold Price
$380,700
Premium/Discount to List
-$44,300
-10.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$377,200
Outstanding Balance
$336,778
Interest Rate
2.6%
Mortgage Type
New Conventional
Estimated Equity
$326,393

Purchase Details

Closed on
Oct 31, 2005
Sold by
Rodriguez Susanna
Bought by
London Louis L and London Roxanne L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,250
Interest Rate
5.71%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Aug 30, 2002
Sold by
Omara Michael J and Omara Kathryn B
Bought by
Rodriguez Praxedis and Rodriguez Susanna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,000
Interest Rate
6.87%
Source: Public Records

Range of Values:

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List Price
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
Clounie Michael $410,000 None Available
Opendoor Property Trust I $381,000 None Available
London Louis L $165,000 None Available
Rodriguez Praxedis $145,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Clounie Michael $377,200
Previous Owner London Louis L $140,250
Previous Owner Rodriguez Praxedis $116,000
Closed Rodriguez Praxedis $29,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/15/2023 12/15/23 Off Market $380,700 -- --
12/14/2020 12/14/20 Sold $380,700 -7.1% $206 / Sq Ft
11/26/2020 11/26/20 Pending -- -- --
10/15/2020 10/15/20 Price Changed $410,000 -3.5% $222 / Sq Ft
09/24/2020 09/24/20 For Sale $425,000 -- $230 / 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
2025 $4,944 $564,637 $491,625 $73,012
2024 $4,924 $564,637 $491,625 $73,012
2023 $3,806 $347,363 $240,000 $107,363
2022 $3,537 $347,363 $240,000 $107,363
2021 $3,400 $347,363 $240,000 $107,363
2020 $3,338 $347,363 $240,000 $107,363
2019 $2,694 $230,694 $117,000 $113,694
2018 $2,541 $230,694 $117,000 $113,694
2017 $2,420 $230,694 $117,000 $113,694
2016 $2,370 $230,694 $117,000 $113,694
2015 $2,130 $203,799 $120,000 $83,799
2014 $2,021 $203,799 $120,000 $83,799
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2020

    Dawn Hooper

    Feyan

  • V

    Buyer's Agent in 2020

    Verria Hairston

    Opendoor Brokerage LLC

See All Agents

Map

Source: Doorify MLS

MLS Number: 2342368

Doorify MLS

APN: 1706.16-73-6534-000

North Carolina Wake County Raleigh 27609 North Hills

5016 Lakemont Dr, Raleigh, NC

This home is located at 5016 Lakemont Dr, Raleigh, NC 27609 since 11 September 2020 and is currently estimated at $663,171, approximately $358 per square foot. This property was built in 1967. 5016 Lakemont Dr is a home located in Wake County with nearby schools including Douglas Elementary, Carroll Middle, and Sanderson High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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