NOT LISTED FOR SALE

5105 Forest Creek Rd Raleigh, NC 27606

Estimated Value: $739,000 - $847,000

3 Beds
3 Baths
3,345 Sq Ft
$238/Sq Ft Est. Value

Last Sold September 29, 2021

Last sale price $650,000 $194 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $4,702/month

3 Days on Market

Highlights

  • 2.06 Acre Lot
  • Cathedral Ceiling
  • Wood Flooring
  • Deck
  • Transitional Architecture
  • Main Floor Primary Bedroom

About This Home

As of September 2021

Private custom retreat nestled on 2 acres offers the seclusion of country living within 15 minutes of Downtown Raleigh. Optional single family or Multi living functionality with walkout Basement Apartment, 3 kitchens (1 removable), 3 full baths, & 4 separate entrances. Amazing handcrafted millwork boasts meticulous detail at every turn. First floor owners suite includes study & sitting room. Upstairs Bonus rooms. 736sqft detached workshop/garage. Landscaped lawn. No HOA. Highest Best due by Monday 9/6 9pm

Last Agent to Sell the Property

Jermell Irvin

EXP Realty LLC License #249299 Listed on: 08/31/2021

EXP Realty LLC

Last Buyer's Agent

Kevin Waynor

Long & Foster Real Estate INC/Raleigh License #221501

Long & Foster Real Estate INC/Raleigh

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,883

Year Built

  • Built in 1979

Lot Details

  • 2.06 Acre Lot
  • Cul-De-Sac

Parking

  • 2 Car Garage
  • Workshop in Garage
  • Rear-Facing Garage

Home Design

  • Transitional Architecture
  • Cedar

Interior Spaces

  • 1.5-Story Property
  • Cathedral Ceiling
  • Family Room
  • Home Office
  • Bonus Room
  • Workshop
  • Finished Basement
  • Apartment Living Space in Basement
  • Laundry on main level

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • In-Law or Guest Suite
  • 3 Full Bathrooms
  • Bathtub with Shower
  • Walk-in Shower

Outdoor Features

  • Deck
  • Separate Outdoor Workshop
  • Porch

Schools

  • Yates Mill Elementary School
  • Dillard Middle School
  • Athens Dr High School

Utilities

  • Forced Air Heating and Cooling System
  • Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Forest Creek Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,883

Year Built

Built in 1979

Lot Details

0

Parking

2

Listing Details

  • Year Built: 1979
  • Prop. Type: Residential
  • Subdivision Name: Forest Creek
  • Above Grade Finished Sq Ft: 2165.0
  • Architectural Style: Transitional
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One and One Half
  • New Construction: No
  • Contract Information Ownership Type: Other
  • General Property Information Lot Size Dimensions: Check survey
  • General Property Information Basement YN: Yes
  • General Property Information Fireplace YN: No
  • Appliances Microwave: Yes
  • Architectural Style Transitional: Yes
  • Cooling Central Air: Yes
  • Interior Features BathtubShower Combination: Yes
  • Laundry Features Main Level: Yes
  • Structure Type Site Built: Yes
  • Flooring Carpet: Yes
  • Flooring Ceramic Tile: Yes
  • Flooring Hardwood: Yes
  • Water Source Well: Yes
  • Room Types Bonus Room: Yes
  • Room Types Den2: Yes
  • Room Types Family Room2: Yes
  • Room Types Office: Yes
  • Room Types Primary Bedroom Level: M
  • Flooring Vinyl: Yes
  • Levels One and One Half: Yes
  • Other Structures Workshop: Yes
  • Room Types Workshop2: Yes
  • In-Law Suite Details Separate Entry: Yes
  • Interior Features ApartmentSuite: Yes
  • In-Law Suite Details With Kitchen: Yes
  • General Property Information Above Grade Finished Area: 2165.0
  • General Property Information Below Grade Finished Area: 1180.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 89733.6
  • General Property Information Lot Size Acres: 2.06
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Ceramic Tile, Hardwood, Vinyl
  • Interior Amenities: Apartment/Suite, Bathtub/Shower Combination, Cathedral Ceiling(s), Eat-in Kitchen, Pantry, Primary Downstairs, Vaulted Ceiling(s), Walk-In Closet(s), Walk-In Shower
  • Basement: Apartment, Finished
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Microwave
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 1180.0
  • Total Bedrooms: 9
  • Appliances Dishwasher: Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Primary Downstairs: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Walk-In Shower: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Cathedral Ceiling(s): Yes
  • Interior Features:Vaulted Ceiling(s): Yes
  • Basement Finished: Yes
  • Basement:Apartment: Yes

Exterior Features

  • Acres: 2.06
  • Construction Type: Cedar
  • Patio And Porch Features: Deck, Porch
  • Patio and Porch Features:Porch: Yes
  • Lot Features:Cul-De-Sac: Yes
  • Patio And Porch Features:Deck2: Yes
  • Construction Materials:Cedar: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Detached, Garage, Garage Faces Rear, Workshop in Garage
  • Parking Features:Attached: Yes
  • Parking Features:Garage: Yes
  • Parking Features:Detached: Yes
  • Parking Features:Workshop in Garage: Yes
  • Parking Features:Garage Faces Rear: Yes
  • General Property Information:Garage Spaces: 2.0

Utilities

  • Heating: Electric, Forced Air
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Well
  • Heating:Electric4: Yes
  • Heating:Forced Air: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Ninth Grade High School: Wake - Athens Dr
  • Middle Or Junior School: Wayne - Dillard

Lot Info

  • Lot Dimensions: Check survey
  • Lot Size Sq Ft: 89733.6
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2883.0
  • Tax Year: 2021

MLS Schools

  • Elementary School: Wake - Yates Mill

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 31, 2021
Closed on
Sep 28, 2021
Sold by
Gatwood Charles E and Gatwood Joanne M
Bought by
Kime Michael R
Seller's Agent
Jermell Irvin
EXP Realty LLC
Buyer's Agent
Kevin Waynor
Long & Foster Real Estate INC/Raleigh
List Price
$565,000
Sold Price
$650,000
Premium/Discount to List
$85,000
15.04%
Current Estimated Value
$800,978

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$150,978
Avg. Annual Appreciation
6.71%

Purchase Details

Closed on
Jan 1, 1979
Bought by
Gatwood Charles E
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
Kime Michael R $650,000 None Available
Gatwood Charles E $12,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gatwood Charles E $25,000
Previous Owner Gatwood Charles $197,000
Previous Owner Gatwood Charles E $224,000
Previous Owner Gatwood Charles E $28,000
Previous Owner Gatwood Charles E $210,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2023 12/15/23 Off Market $650,000 -- --
09/29/2021 09/29/21 Sold $650,000 +15.0% $194 / Sq Ft
09/06/2021 09/06/21 Pending -- -- --
09/03/2021 09/03/21 For Sale $565,000 -- $169 / 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 $4,056 $649,977 $200,136 $449,841
2023 $3,405 $434,202 $146,010 $288,192
2022 $2,852 $434,202 $146,010 $288,192
2021 $2,932 $414,364 $146,010 $268,354
2020 $3,232 $414,364 $146,010 $268,354
2019 $2,638 $320,598 $121,000 $199,598
2018 $2,426 $320,598 $121,000 $199,598
2017 $2,299 $320,598 $121,000 $199,598
2016 $2,253 $320,598 $121,000 $199,598
2015 $1,853 $263,863 $88,000 $175,863
2014 -- $263,863 $88,000 $175,863
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2405050

Doorify MLS

APN: 0791.03-04-8990-000