NOT LISTED FOR SALE

5037 Delta Lake Dr Raleigh, NC 27612

Estimated Value: $448,000 - $467,042

3 Beds
2.5 Baths
1,802 Sq Ft
$255/Sq Ft Est. Value

Last Sold November 29, 2021

Last sale price $370,000 $205 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $2,850/month

17 Days on Market

Highlights

  • Traditional Architecture
  • Main Floor Primary Bedroom
  • Community Pool
  • Oberlin Middle School Rated A-
  • Loft
  • Soaking Tub

About This Home

As of November 2021

First floor master with spacious walk in closet and flex space. Second floor boasts open loft area overlooking family room, additional bonus loft space plus two spacious bedrooms and full bath. Open concept kitchen area with double door pantry and views of formal dining room and family room. 2010 new AC condensing unit/evap coil, 2012 new range, 2016 new WH, 2020 new DW/disposal.

Last Agent to Sell the Property

Carolyn Luck

House of Luck Realty LLC License #322923 Listed on: 10/02/2021

Last Buyer's Agent

Steve Gunter

Compass -- Raleigh License #271530

Compass -- Raleigh

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,689

Year Built

  • Built in 1999

Lot Details

  • 6,098

HOA Fees

  • $30 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Garage Door Opener
  • Private Driveway

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 1,802 Sq Ft Home
  • 2-Story Property
  • Gas Log Fireplace
  • Entrance Foyer
  • Family Room with Fireplace
  • Dining Room
  • Loft
  • Bonus Room
  • Utility Room
  • Laundry on main level

Kitchen

  • Electric Range
  • Range Hood
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Soaking Tub
  • Walk-in Shower

Attic

  • Pull Down Stairs to Attic
  • Unfinished Attic

Schools

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

Utilities

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

Additional Features

  • Patio
  • 6,098 Sq Ft Lot

Community Details

Overview

  • Delta Ridge Community HOA
  • Delta Ridge Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,689

Year Built

Built in 1999

Lot Details

0

HOA Fees

$30 per month

Parking

1

Listing Details

  • Year Built: 1999
  • Prop. Type: Residential
  • Subdivision Name: Delta Ridge
  • Above Grade Finished Sq Ft: 1802.0
  • Architectural Style: Traditional
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Contract Information Ownership Type: Other
  • General Property Information Lot Size Dimensions: buyer's agent to confirm
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: Yes
  • Attic Features Pull-Down Stairs: Yes
  • Cooling Central Air: Yes
  • Foundation Details Slab: Yes
  • Laundry Features Main Level: Yes
  • Sewer:Public Sewer: Yes
  • Structure Type Site Built: Yes
  • Water Source Public: Yes
  • Flooring Carpet: Yes
  • Levels Two: Yes
  • Room Types Bedroom 2 Level: 2
  • Room Types Bedroom 3 Level: 2
  • Room Types Bonus Room: Yes
  • Room Types Dining Room2: Yes
  • Room Types Family Room2: Yes
  • Architectural Style Traditional: Yes
  • Room Types Primary Bedroom Level: M
  • Flooring Vinyl: Yes
  • Room Types Loft: Yes
  • Room Types Utility Room: Yes
  • General Property Information Senior Community YN: No
  • Attic Features Unfinished2: Yes
  • General Property Information Above Grade Finished Area: 1802.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 6098.4
  • General Property Information Lot Size Acres: 0.14
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Vinyl
  • Interior Amenities: Entrance Foyer, Soaking Tub, Walk-In Closet(s), Walk-In Shower
  • Appliances: Dishwasher, Electric Range, Gas Water Heater, Range Hood
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Family Room, Gas Log
  • Fireplaces: 1
  • Total Bedrooms: 8
  • Appliances Dishwasher: Yes
  • Appliances:Range Hood: Yes
  • Community Features:Pool2: Yes
  • Interior Features:Entrance Foyer: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Walk-In Shower: Yes
  • Fireplace Features:Family Room: Yes
  • Appliances:Electric Range: Yes
  • Fireplace Features:Gas Log: Yes
  • Appliances:Gas Water Heater: Yes
  • Interior Features:Soaking Tub: Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Acres: 0.14
  • Construction Type: Vinyl Siding
  • Foundation Details: Slab
  • 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: Concrete, Driveway, Garage, Garage Door Opener
  • Parking Features:Garage: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Concrete4: Yes
  • Parking Features:Driveway: Yes
  • General Property Information:Garage Spaces: 1.0

Utilities

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

Condo/Co-op/Association

  • Community Features: Pool
  • Senior Community: No
  • Association Fee: 180.0
  • Association Fee Frequency: Semi-Annually
  • Association Name: Delta Ridge Community HOA
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: Delta Ridge Community HOA
  • Association Amenities:Pool: Yes
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 180.0
  • General Property Information:Association Fee Frequency: Semi-Annually

Schools

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

Lot Info

  • Lot Dimensions: buyer's agent to confirm
  • Lot Size Sq Ft: 6098.4
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2689.0
  • Tax Year: 2021

MLS Schools

  • Elementary School: Wake County Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2021
Closed on
Nov 24, 2021
Sold by
Maymard Etha P and Maymard Thomas Selby
Bought by
Fabre Eric and Fabre Lydia
Seller's Agent
Carolyn Luck
House of Luck Realty LLC
Buyer's Agent
Steve Gunter
Compass -- Raleigh
List Price
$399,000
Sold Price
$370,000
Premium/Discount to List
-$29,000
-7.27%
Current Estimated Value
$460,261

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$90,261
Avg. Annual Appreciation
6.01%
Original Mortgage
$350,000
Outstanding Balance
$322,315
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$137,946

Purchase Details

Closed on
Dec 23, 1999
Sold by
Westfield Homes Of North Carolina Inc
Bought by
Ly Nam Tran N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,920
Interest Rate
6.75%

Purchase Details

Closed on
Oct 27, 1999
Sold by
Westfield Homes Of North Carolina Inc
Bought by
Puryear Etta E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,920
Interest Rate
6.75%
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
Fabre Eric $370,000 None Available
Ly Nam Tran N $166,500 --
Puryear Etta E $155,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fabre Eric $40,000
Open Fabre Eric $350,000
Previous Owner Maynard Etta P $118,000
Previous Owner Maynard Etta $138,600
Previous Owner Maynard Thomas S $140,000
Previous Owner Puryear Etta E $35,000
Previous Owner Ly Nam Tran N $132,920
Previous Owner Puryear Etta E $145,025
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2023 12/15/23 Off Market $370,000 -- --
11/29/2021 11/29/21 Sold $370,000 -7.3% $205 / Sq Ft
10/18/2021 10/18/21 Pending -- -- --
10/01/2021 10/01/21 For Sale $399,000 -- $221 / 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 $3,745 $428,911 $170,000 $258,911
2023 $3,010 $274,268 $75,000 $199,268
2022 $2,797 $274,268 $75,000 $199,268
2021 $2,689 $274,268 $75,000 $199,268
2020 $2,640 $274,268 $75,000 $199,268
2019 $2,543 $217,691 $70,000 $147,691
2018 $2,398 $217,691 $70,000 $147,691
2017 $2,285 $217,691 $70,000 $147,691
2016 $2,238 $217,691 $70,000 $147,691
2015 $2,230 $213,455 $66,000 $147,455
2014 $2,116 $213,455 $66,000 $147,455
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2411087

Doorify MLS

APN: 0786.10-35-5973-000