NOT LISTED FOR SALE

505 Sawmill Rd Raleigh, NC 27615

Estimated Value: $421,000 - $469,000

3 Beds
2 Baths
1,631 Sq Ft
$268/Sq Ft Est. Value

Last Sold March 08, 2022

Last sale price $401,000 $246 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $2,568/month

1 Day on Market

Highlights

  • Deck
  • No HOA
  • Covered Patio or Porch
  • Transitional Architecture
  • Home Office
  • Eat-In Kitchen

About This Home

As of March 2022

This charming split-level single family home in North Raleigh is a must see & lives large! Convenient location - This home has been well maintained & features beautiful upgrades/updates. Bright home with lots of natural light, new flooring throughout, upgraded lighting, updated appliance, large kitchen with built-in banquet, 3 bedrooms, 2 full baths. Large family room + living room & large utility room for storage or hobby room. Great size backyard w/ large deck. No HOA! OFFER DEADLINE 2/12 @5pm.

Last Agent to Sell the Property

Christina Valkanoff

Christina Valkanoff Realty Group License #233901 Listed on: 02/10/2022

Last Buyer's Agent

Paul Corsa

Cambridge & Assoc. R.E. Group License #280965

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,398

Year Built

  • Built in 1982

Lot Details

  • 0.29 Acre Lot
  • Landscaped
  • Garden

Parking

  • Private Driveway

Home Design

  • Transitional Architecture
  • Traditional Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Masonite

Interior Spaces

  • 1,631 Sq Ft Home
  • 2-Story Property
  • Smooth Ceilings
  • Ceiling Fan
  • Entrance Foyer
  • Family Room with Fireplace
  • Living Room
  • Combination Kitchen and Dining Room
  • Home Office
  • Utility Room
  • Laundry in Basement
  • Pull Down Stairs to Attic

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Dishwasher
  • Tile Countertops

Flooring

  • Carpet
  • Tile
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Bathtub

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Rain Gutters

Schools

  • Lynn Road Elementary School
  • Carroll Middle School
  • Sanderson High School

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Association fees include unknown
  • Mine Valley Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,398

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Year Built: 1982
  • Prop. Type: Residential
  • Road Frontage Type: Other
  • Reso Association Fee Includes: Unknown
  • Subdivision Name: Mine Valley
  • Above Grade Finished Sq Ft: 1631.0
  • Architectural Style: Traditional, Transitional
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Multi/Split, Two
  • New Construction: No
  • Contract Information Ownership Type: Other
  • General Property Information Lot Size Dimensions: see records
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: Yes
  • Appliances Microwave: Yes
  • Architectural Style Transitional: Yes
  • Attic Features Pull-Down Stairs: Yes
  • Cooling Central Air: Yes
  • Flooring Luxury Vinyl: Yes
  • Flooring Tile: Yes
  • Foundation Details Slab: Yes
  • Interior Features KitchenDining Room Combination: Yes
  • Sewer:Public Sewer: Yes
  • Structure Type Site Built: Yes
  • Water Source Public: Yes
  • Flooring Carpet: Yes
  • Interior Features Smooth Ceilings: Yes
  • Levels Two: Yes
  • Room Types Bedroom 2 Level: 2
  • Room Types Bedroom 3 Level: 2
  • Room Types Dining Room2: Yes
  • Room Types Family Room2: Yes
  • Architectural Style Traditional: Yes
  • Room Types Office: Yes
  • Room Types Primary Bedroom Level: 2
  • Room Types Utility Room: Yes
  • Appliances Refrigerators: Yes
  • Room Types Living Room2: Yes
  • Interior Features Bathtub Only: Yes
  • General Property Information Senior Community YN: No
  • Levels MultiSplit: Yes
  • Laundry Features In Basement: Yes
  • General Property Information Above Grade Finished Area: 1631.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 12632.4
  • General Property Information Lot Size Acres: 0.29
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Luxury Vinyl, Tile
  • Interior Amenities: Bathtub Only, Ceiling Fan(s), Eat-in Kitchen, Entrance Foyer, Kitchen/Dining Room Combination, Smooth Ceilings, Tile Counters
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Family Room
  • Fireplaces: 1
  • Total Bedrooms: 9
  • Appliances Dishwasher: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Interior Features:Entrance Foyer: Yes
  • Fireplace Features:Family Room: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Tile Counters: Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Exterior Features: Rain Gutters
  • Acres: 0.29
  • Construction Type: Brick, Masonite
  • Foundation Details: Slab
  • Patio And Porch Features: Covered, Deck, Porch
  • Exterior Features:Rain Gutters: Yes
  • Lot Features:Landscaped: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Covered2: Yes
  • Patio And Porch Features:Deck2: Yes
  • Lot Features:Garden2: Yes
  • Construction Materials:Masonite: Yes
  • Construction Materials:Brick: Yes

Garage/Parking

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

Utilities

  • Heating: Electric, Heat Pump
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Electric4: Yes
  • Heating:Heat Pump2: 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

  • Lot Dimensions: see records
  • Lot Size Sq Ft: 12632.4
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2398.0
  • Tax Year: 2021
  • Tax Map Number: LO193, SE7

MLS Schools

  • Elementary School: Wake - Lynn Road

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 10, 2022
Closed on
Mar 7, 2022
Sold by
Joy Wells Alexandria and Joy David W
Bought by
Clark Devin
Seller's Agent
Christina Valkanoff
Christina Valkanoff Realty Group
Buyer's Agent
Paul Corsa
Cambridge & Assoc. R.E. Group
List Price
$350,000
Sold Price
$401,000
Premium/Discount to List
$51,000
14.57%
Current Estimated Value
$437,525

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,525
Avg. Annual Appreciation
2.46%
Original Mortgage
$380,950
Outstanding Balance
$354,629
Interest Rate
3.76%
Estimated Equity
$82,896

Purchase Details

Closed on
Nov 22, 2019
Sold by
Opendoor Property D Llc
Bought by
Wells Alexandria Joy and Riddleberger David W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$218,250
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 1, 2019
Sold by
Sebastian Jonathan and Sebastian Psalm
Bought by
Opendoor Property D Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000,000
Interest Rate
3.73%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 5, 2014
Sold by
Reyes Adolfo and Reyes Bonnie H
Bought by
Sebastian Jonathan and Sebastian Psalm

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
4.24%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 31, 2000
Sold by
Boateng Agyenim A
Bought by
Reyes Adolfo and Reyes Bonnie H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,520
Interest Rate
8.14%
Mortgage Type
FHA
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

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
Clark Devin $401,000 Wright Law Firm Pc
Wells Alexandria Joy $225,000 None Available
Opendoor Property D Llc $244,000 None Available
Sebastian Jonathan $170,000 None Available
Reyes Adolfo $110,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Clark Devin $380,950
Previous Owner Wells Alexandria Joy $218,250
Previous Owner Opendoor Property D Llc $400,000,000
Previous Owner Sebastian Jonathan $170,000
Previous Owner Reyes Adolfo $101,520
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/15/2023 12/15/23 Off Market $401,000 -- --
03/08/2022 03/08/22 Sold $401,000 +14.6% $246 / Sq Ft
02/12/2022 02/12/22 Pending -- -- --
02/11/2022 02/11/22 For Sale $350,000 -- $215 / 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 $3,289 $374,814 $175,000 $199,814
2024 $3,275 $374,814 $175,000 $199,814
2023 $2,685 $244,479 $107,000 $137,479
2022 $2,495 $244,479 $107,000 $137,479
2021 $2,399 $244,479 $107,000 $137,479
2020 $2,355 $244,479 $107,000 $137,479
2019 $1,934 $165,198 $56,000 $109,198
2018 $1,825 $165,198 $56,000 $109,198
2017 $1,739 $165,198 $56,000 $109,198
2016 $1,703 $165,198 $56,000 $109,198
2015 $1,737 $165,817 $56,000 $109,817
2014 $1,648 $165,817 $56,000 $109,817
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Doorify MLS

MLS Number: 2430614

Doorify MLS

APN: 1707.09-25-3819-000