NOT LISTED FOR SALE

5036 Glenmorgan Ln Raleigh, NC 27616

Northeast Raleigh Neighborhood

Estimated Value: $629,000

5 Beds
4 Baths
3,142 Sq Ft
$200/Sq Ft Est. Value

Last Sold August 18, 2023

Last sale price $640,000 $204 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $3,869/month

77 Days on Market

Highlights

  • New Construction
  • Wood Flooring
  • Finished Attic
  • Craftsman Architecture
  • Main Floor Bedroom
  • 1 Fireplace

About This Home

As of August 2023

Stunning 3-Story Epiphany Plan Home with Versatile Living Space This beautiful 3-story Epiphany Plan home boasts an impressive floor plan, perfect for families seeking comfort and flexibility. The first floor features a private study, ideal for working from home or as a quiet space for studying. Additionally, the screened porch is perfect for entertaining guests, providing a serene outdoor space to unwind after a long day, and guest room offering a comfortable sleeping area for overnight visitors. The second floor features a spacious owner's suite with large private bath. In addition to the owner's suite, there are three more bedrooms, each with their own walk-in closet, providing ample storage space for all your belongings and a fantastic game room that can be used as a media room or children's play area. The finished third floor adds even more space and includes a full bathroom, providing endless possibilities for use. From a home gym to a home office, this flexible space is sure to meet your unique needs. Don't miss the chance to make this stunning home yours and experience luxury living at its finest.

Last Agent to Sell the Property

Joe Wolf

Drees Homes License #292817 Listed on: 04/28/2023

Last Buyer's Agent

ANANTHARAMAN SETHURAMAN

Guru Realty Inc. License #345432

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $792

Year Built

  • Built in 2023 | New Construction

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 114x46x124x83

HOA Fees

  • $89 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Craftsman Architecture
  • Brick or Stone Mason
  • Frame Construction
  • Masonite
  • Stone

Interior Spaces

  • 3,142 Sq Ft Home
  • 3-Story Property
  • High Ceiling
  • 1 Fireplace
  • Family Room
  • Combination Kitchen and Dining Room
  • Home Office
  • Bonus Room
  • Screened Porch
  • Crawl Space
  • Finished Attic

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • 4 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on upper level

Schools

  • Wake County Schools Elementary And Middle School
  • Wake County Schools High School

Utilities

  • Zoned Heating and Cooling
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

Overview

  • Built by Drees Homes
  • Belmont Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$792

Year Built

Built in 2023 | New Construction

Lot Details

0

HOA Fees

$89 per month

Parking

2

Listing Details

  • Builder Name: Drees Homes
  • Year Built: 2023
  • Prop. Type: Residential
  • Subdivision Name: Belmont
  • Above Grade Finished Sq Ft: 3142.0
  • Architectural Style: Craftsman
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Three Or More
  • New Construction: Yes
  • Contract Information Ownership Type: Other
  • General Property Information Above Grade Unfinished Area: 801.0
  • General Property Information Total Unfinished Area2: 801.0
  • General Property Information Lot Size Dimensions: 114x46x124x83
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: Yes
  • Interior Features KitchenDining Room Combination: Yes
  • Laundry Features Laundry Room: Yes
  • Sewer:Public Sewer: Yes
  • Structure Type Site Built: Yes
  • Water Source Public: Yes
  • Contract Information Estimated Completion Date: 2023-08-01
  • Cooling Zoned: Yes
  • Flooring Carpet: Yes
  • Property Condition Framed: Yes
  • Room Types Bedroom 3 Level: 2
  • Room Types Bedroom 4 Level: 2
  • Room Types Bonus Room: Yes
  • Room Types Den2: Yes
  • Room Types Dining Room2: Yes
  • Room Types Family Room2: Yes
  • Room Types Office: Yes
  • Room Types Primary Bedroom Level: 2
  • Laundry Features Upper Level: Yes
  • Room Types Bedroom 5 Level: M
  • Flooring Wood: Yes
  • Architectural Style Craftsman: Yes
  • Levels Three Or More: Yes
  • General Property Information Above Grade Finished Area: 3142.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 7840.8
  • General Property Information Lot Size Acres: 0.18
  • General Property Information Builder Name: Drees Homes
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Combination, Wood
  • Interior Amenities: High Ceilings, Kitchen/Dining Room Combination, Walk-In Closet(s)
  • Basement: Crawl Space
  • Appliances: Gas Water Heater
  • Basement YN: No
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Fireplaces: 1
  • Total Bedrooms: 12
  • Interior Features:High Ceilings: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Basement:Crawl Space: Yes
  • Appliances:Gas Water Heater: Yes
  • Attic Features:Finished2: Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Acres: 0.18
  • Construction Type: Masonite, Stone
  • Patio And Porch Features: Porch, Screened
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Screened: Yes
  • Construction Materials:Stone: Yes
  • Construction Materials:Masonite: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Garage
  • Parking Features:Garage: Yes
  • General Property Information:Garage Spaces: 2.0

Utilities

  • Heating: Natural Gas, Zoned
  • Cooling: Zoned
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Zoned2: Yes

Condo/Co-op/Association

  • Association Fee: 1068.0
  • Association Fee Frequency: Annually
  • Association: Yes

Association/Amenities

  • Association Amenities:Pool: Yes
  • General Property Information:Association Fee: 1068.0
  • General Property Information:Association Fee Frequency: Annually

Schools

  • Ninth Grade High School: Wake County Schools
  • Middle Or Junior School: Wake County Schools

Lot Info

  • Lot Dimensions: 114x46x124x83
  • Lot Size Sq Ft: 7840.8
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 792.0

MLS Schools

  • Elementary School: Wake County Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2023
Closed on
Aug 14, 2023
Sold by
Drees Homes Company
Bought by
Sekhar Venkatesh Reddy Vellor
Seller's Agent
Joe Wolf
Drees Homes
Buyer's Agent
ANANTHARAMAN SETHURAMAN
Guru Realty Inc.
List Price
$649,000
Sold Price
$640,000
Premium/Discount to List
-$9,000
-1.39%
Views
175
Current Estimated Value
$629,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$11,000
Avg. Annual Appreciation
-0.82%
Original Mortgage
$608,000
Outstanding Balance
$594,738
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$34,262
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
Sekhar Venkatesh Reddy Vellor $640,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sekhar Venkatesh Reddy Vellor $608,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2023 12/15/23 Off Market $640,000 -- --
08/18/2023 08/18/23 Sold $640,000 -1.4% $204 / Sq Ft
07/14/2023 07/14/23 Pending -- -- --
04/28/2023 04/28/23 For Sale $649,000 -- $207 / 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 $5,494 $627,684 $110,000 $517,684
2024 $5,471 $627,684 $110,000 $517,684
2023 $763 $70,000 $70,000 $0
2022 $709 $70,000 $70,000 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2023

    Joe Wolf

    Drees Homes

    (919) 987-5226

    30 in this area

    79 Total Sales

    Joe Wolf
    Section Image

  • A

    Buyer's Agent in 2023

    ANANTHARAMAN SETHURAMAN

    Guru Realty Inc.

    (919) 274-9605

    2 in this area

    21 Total Sales

    ANANTHARAMAN SETHURAMAN
    Section Image
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Map

Source: Doorify MLS

MLS Number: 2508620

Doorify MLS

APN: 1736.18-21-9002-000

North Carolina Wake County Raleigh 27616 Northeast Raleigh

5036 Glenmorgan Ln, Raleigh, NC

This home is located at 5036 Glenmorgan Ln, Raleigh, NC 27616 since 28 April 2023 and is currently estimated at $629,000, approximately $200 per square foot. This property was built in 2023. 5036 Glenmorgan Ln is a home located in Wake County with nearby schools including Beaverdam Elementary School, River Bend Middle, and Rolesville 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.

Doorify MLS Some IDX listings have been excluded from this IDX display. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. Listings marked with an icon are provided courtesy of the Doorify MLS, Inc. of North Carolina, Internet Data Exchange Database. Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property. Copyright 2025 Doorify MLS, Inc. of North Carolina. All rights reserved.

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