NOT LISTED FOR SALE

Estimated Value: $775,000 - $943,722

3 Beds
2.5 Baths
2,300 Sq Ft
$191/mo HOA Fee

Last Sold May 10, 2021

Last sale price $670,000 $291 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $5,327/month

45 Days on Market

Highlights

  • New Construction
  • Craftsman Architecture
  • High Ceiling
  • Partnership Elementary School Rated A-
  • Wood Flooring
  • Mud Room

About This Home

As of May 2021

Welcome to 507! The 5th of 7 stunning custom homes in Raleigh’s first pocket neighborhood. Open layout boasts custom carpentry, quartz counters, hardwood floors and 2 covered porches. You’ll love the chevron paneling & floating wood shelves adorning the gas fireplace. Built-in desk & cubbies off the kitchen! Owner’s Suite has huge walk-in closet & luxury bath. Laundry Rm w/ cabinets & soak sink. Firepit/lounge area & community garden. Prime ITB location. No yard to maintain, only your lifestyle!

Last Agent to Sell the Property

Charlotte Quinn

Rich Realty Group License #266299 Listed on: 02/23/2021

Co-Listed By

Marshall Rich

Rich Realty Group License #189551

Last Buyer's Agent

Becky Logan

Coldwell Banker HPW License #231091

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,100

Year Built

  • Built in 2021 | New Construction

Lot Details

  • 1,307

HOA Fees

  • $191 Monthly HOA Fees

Home Design

  • Craftsman Architecture
  • Contemporary Architecture
  • Transitional Architecture
  • Slab Foundation
  • Frame Construction

Interior Spaces

  • 2,300 Sq Ft Home
  • 2-Story Property
  • Bookcases
  • Smooth Ceilings
  • High Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Insulated Windows
  • Mud Room
  • Entrance Foyer
  • Living Room
  • Dining Room
  • Prewired Security

Kitchen

  • Gas Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Quartz Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Private Water Closet
  • Walk-in Shower

Parking

  • Parking Lot
  • Assigned Parking

Outdoor Features

  • Covered Patio or Porch

Schools

  • Partnership Elementary School
  • Oberlin Middle School
  • Broughton High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heat Pump System
  • Gas Water Heater

Community Details

Overview

  • Association fees include ground maintenance, road maintenance, storm water maintenance
  • Cottages At Filmore HOA
  • Built by Raynor Builders
  • The Cottages At Filmore Subdivision

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,100

Year Built

Built in 2021 | New Construction

Lot Details

0

HOA Fees

$191 per month

Listing Details

  • Builder Name: Raynor Builders
  • Year Built: 2021
  • Prop. Type: Residential
  • Reso Association Fee Includes: Maintenance Grounds, Road Maintenance, Storm Water Maintenance
  • Co List Office Mls Id: 1786
  • Co List Office Phone: 919-710-0256
  • Subdivision Name: The Cottages at Filmore
  • Above Grade Finished Sq Ft: 2300.0
  • Architectural Style: Contemporary, Craftsman, Transitional
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: Yes
  • Contract Information Ownership Type: Condominium
  • General Property Information Above Grade Unfinished Area: 126.0
  • General Property Information Total Unfinished Area2: 126.0
  • General Property Information Lot Size Dimensions: 28' X 42
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: Yes
  • Appliances Microwave: Yes
  • Architectural Style Transitional: Yes
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Foundation Details Slab: Yes
  • Interior Features Water Closet: Yes
  • Security Features Smoke Detector(s): Yes
  • Structure Type Site Built: Yes
  • Contract Information Estimated Completion Date: 2021-02-01
  • Cooling Zoned: Yes
  • Flooring Carpet: Yes
  • Flooring Hardwood: Yes
  • Interior Features Smooth Ceilings: Yes
  • Levels Two: Yes
  • Property Condition Framed: Yes
  • Room Types Bedroom 2 Level: 2
  • Room Types Bedroom 3 Level: 2
  • Room Types Dining Room2: Yes
  • Room Types Primary Bedroom Level: 2
  • Room Types Living Room2: Yes
  • Architectural Style Craftsman: Yes
  • Security Features Prewired: Yes
  • Architectural Style Contemporary: Yes
  • Room Types Mud Room: Yes
  • General Property Information Above Grade Finished Area: 2300.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 1176.12
  • General Property Information Lot Size Acres: 0.027
  • General Property Information Builder Name: Raynor Builders
  • Special Features: NewHome
  • Property Sub Type: Condos

Interior Features

  • Flooring: Carpet, Hardwood, Tile
  • Interior Amenities: Bookcases, Ceiling Fan(s), Entrance Foyer, High Ceilings, Pantry, Quartz Counters, Smooth Ceilings, Walk-In Closet(s), Walk-In Shower, Water Closet
  • Appliances: Dishwasher, Gas Range, Gas Water Heater, Microwave, Range Hood
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log
  • Fireplaces: 1
  • Total Bedrooms: 8
  • Appliances Dishwasher: Yes
  • Appliances:Range Hood: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Interior Features:Entrance Foyer: Yes
  • Interior Features:High Ceilings: Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Walk-In Shower: Yes
  • Interior Features:Quartz Counters: Yes
  • Fireplace Features:Gas Log: Yes
  • Appliances:Gas Water Heater: Yes
  • Interior Features:Bookcases: Yes
  • Appliances:Gas Range: Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Acres: 0.03
  • Construction Type: Fiber Cement
  • Foundation Details: Slab
  • Patio And Porch Features: Covered, Porch
  • Construction Materials:Fiber Cement: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Covered2: Yes
  • Window Features:Insulated Windows: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Assigned, Parking Lot
  • Parking Features:Assigned: Yes
  • Parking Features:Parking Lot: Yes

Utilities

  • Heating: Electric, Heat Pump, Zoned
  • Cooling: Central Air, Zoned
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Electric4: Yes
  • Heating:Heat Pump2: Yes
  • Heating:Zoned2: Yes

Condo/Co-op/Association

  • Association Fee: 191.0
  • Association Fee Frequency: Monthly
  • Association Name: Cottages at Filmore HOA
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: Cottages at Filmore HOA
  • Association Fee Includes:Maintenance Grounds2: Yes
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 191.0
  • General Property Information:Association Fee Frequency: Monthly

Schools

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

Lot Info

  • Lot Dimensions: 28' X 42
  • Lot Size Sq Ft: 1176.12
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

MLS Schools

  • Elementary School: Wake - Partnership

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 23, 2021
Closed on
May 7, 2021
Sold by
Hamilton Company Llc
Bought by
Hill Larissa Marie
Seller's Agent
Charlotte Quinn
Rich Realty Group
Buyer's Agent
Becky Logan
Coldwell Banker HPW
List Price
$665,000
Sold Price
$670,000
Premium/Discount to List
$5,000
0.75%
Current Estimated Value
$840,431

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$170,431
Avg. Annual Appreciation
5.75%
Original Mortgage
$536,000
Outstanding Balance
$490,880
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$362,750
Source: Public Records

Range of Values:

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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
Hill Larissa Marie $670,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hill Larissa Marie $536,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2023 12/15/23 Off Market $670,000 -- --
05/10/2021 05/10/21 Sold $670,000 +0.8% $291 / Sq Ft
04/09/2021 04/09/21 Pending -- -- --
03/25/2021 03/25/21 For Sale $665,000 -0.7% $289 / Sq Ft
03/01/2021 03/01/21 Off Market $670,000 -- --
03/01/2021 03/01/21 Pending -- -- --
02/23/2021 02/23/21 For Sale $665,000 -- $289 / 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 $7,100 $815,237 $270,000 $545,237
2023 $6,590 $602,733 $225,000 $377,733
2022 $6,123 $602,733 $225,000 $377,733
2021 $0 $225,000 $225,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2368304

Doorify MLS

APN: 1704.15-54-1863-000