NOT LISTED FOR SALE

5029 Delta Lake Dr Raleigh, NC 27612

Estimated Value: $479,000 - $539,910

3 Beds
2.5 Baths
1,773 Sq Ft
$288/Sq Ft Est. Value

Last Sold April 29, 2022

Last sale price $535,000 $302 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $3,159/month

4 Days on Market

Highlights

  • Transitional Architecture
  • Wood Flooring
  • 1 Fireplace
  • Oberlin Middle School Rated A-
  • Main Floor Primary Bedroom
  • Patio

About This Home

As of April 2022

Gorgeous on secluded lot with great views in Delta Ridge subdivision. Granite kitchen open to a large family room. First floor master retreat and large walk in closet. Laundry room on main floor. Greenway on the left of the house provides privacy on one of the largest lots in the neighborhood. Two story family room with loads of light, newly painted fence. Full gutter guards installed to entire house. All new carpet throughout the home. Fantastic location close to Glenwood, Downtown, Airport and RTP.

Last Agent to Sell the Property

Karen Coe

Keller Williams Legacy License #158457 Listed on: 03/31/2022

Keller Williams Legacy

Co-Listed By

Pamela Rose

Keller Williams Legacy License #327320

Last Buyer's Agent

Cathy Reed

Dogwood Properties License #292237

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,705

Year Built

  • Built in 2000

Lot Details

  • 0.31 Acre Lot
  • Lot Dimensions are 99x40x61x133x169

HOA Fees

  • $30 Monthly HOA Fees

Parking

  • 1 Car Garage

Home Design

  • Transitional Architecture
  • Vinyl Siding

Interior Spaces

  • 1,773 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Entrance Foyer
  • Living Room
  • Dining Room
  • Utility Room

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main

Outdoor Features

  • Patio

Schools

  • Pleasant Grove Elementary School
  • Oberlin Middle School
  • Broughton High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

  • Towne Properties Association
  • Delta Ridge Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,705

Year Built

Built in 2000

Lot Details

0

HOA Fees

$30 per month

Parking

1

Listing Details

  • Year Built: 2000
  • Prop. Type: Residential
  • Co List Office Mls Id: 74531
  • Co List Office Phone: 919-439-2105
  • Subdivision Name: Delta Ridge
  • Above Grade Finished Sq Ft: 1773.0
  • Architectural Style: Transitional
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Contract Information Ownership Type: Other
  • General Property Information Lot Size Dimensions: 99x40x61x133x169
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: Yes
  • Architectural Style Transitional: Yes
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Structure Type Site Built: Yes
  • Flooring Carpet: Yes
  • Flooring Hardwood: Yes
  • Levels Two: Yes
  • Room Types Bedroom 2 Level: 2
  • Room Types Bedroom 3 Level: 2
  • Room Types Dining Room2: Yes
  • Room Types Primary Bedroom Level: M
  • Flooring Vinyl: Yes
  • Room Types Utility Room: Yes
  • Room Types Living Room2: Yes
  • General Property Information Above Grade Finished Area: 1773.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 13503.6
  • General Property Information Lot Size Acres: 0.31
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Hardwood, Tile, Vinyl
  • Interior Amenities: Entrance Foyer
  • Appliances: Gas Water Heater
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Total Bedrooms: 7
  • Interior Features:Entrance Foyer: Yes
  • Appliances:Gas Water Heater: Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Acres: 0.31
  • Construction Type: Vinyl Siding
  • Patio And Porch Features: Patio
  • Construction Materials:Vinyl Siding: Yes
  • Patio And Porch Features:Patio: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Garage
  • Parking Features:Garage: Yes
  • General Property Information:Garage Spaces: 1.0

Utilities

  • Heating: Forced Air, Natural Gas
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association Fee: 180.0
  • Association Fee Frequency: Semi-Annually
  • Association Name: Towne Properties
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: Towne Properties
  • General Property Information:Association Fee: 180.0
  • General Property Information:Association Fee Frequency: Semi-Annually

Schools

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

Lot Info

  • Lot Dimensions: 99x40x61x133x169
  • Lot Size Sq Ft: 13503.6
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2705.0
  • Tax Year: 2021

MLS Schools

  • Elementary School: Wake - Pleasant Grove

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2022
Closed on
Apr 27, 2022
Sold by
Odrezin Matthew Seth and Odrezin Sarah Elizabeth
Bought by
Salathe Samuel Tobias
Seller's Agent
Karen Coe
Keller Williams Legacy
Buyer's Agent
Cathy Reed
Dogwood Properties
List Price
$429,000
Sold Price
$535,000
Premium/Discount to List
$106,000
24.71%
Current Estimated Value
$509,978

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$25,022
Avg. Annual Appreciation
-1.32%
Original Mortgage
$315,000
Outstanding Balance
$265,591
Interest Rate
3.39%
Mortgage Type
New Conventional
Estimated Equity
$246,216

Purchase Details

Closed on
May 25, 2012
Sold by
Darden Paul C and Darden Laura Z
Bought by
Drezin Matthew S O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
3.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 31, 2000
Sold by
Westfield Homes Of North Carolina Inc
Bought by
Darden Paul C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,200
Interest Rate
8.12%
Source: Public Records

Range of Values:

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Average Value
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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
Salathe Samuel Tobias $535,000 None Listed On Document
Drezin Matthew S O $188,000 None Available
Darden Paul C $164,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Salathe Samuel Tobias $315,000
Previous Owner Drezin Matthew S O $150,000
Previous Owner Darden Paul C $63,000
Previous Owner Darden Paul C $142,400
Previous Owner Darden Paul Clifford $153,000
Previous Owner Darden Paul Clifford $155,500
Previous Owner Darden Paul C $131,200
Closed Darden Paul C $24,603
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2023 12/15/23 Off Market $535,000 -- --
04/29/2022 04/29/22 Sold $535,000 +24.7% $302 / Sq Ft
04/11/2022 04/11/22 Pending -- -- --
04/07/2022 04/07/22 For Sale $429,000 -- $242 / 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 $4,212 $482,709 $170,000 $312,709
2023 $3,211 $292,736 $75,000 $217,736
2022 $2,814 $292,736 $75,000 $217,736
2021 $2,705 $275,987 $75,000 $200,987
2020 $2,656 $275,987 $75,000 $200,987
2019 $2,540 $217,468 $70,000 $147,468
2018 $2,396 $217,468 $70,000 $147,468
2017 $2,282 $217,468 $70,000 $147,468
2016 $2,236 $217,468 $70,000 $147,468
2015 $2,245 $214,859 $66,000 $148,859
2014 -- $214,859 $66,000 $148,859
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2439765

Doorify MLS

APN: 0786.10-35-4914-000