$2,150,000
SOLD DEC 30, 2021

5145 Avalaire Oaks Dr Raleigh, NC 27614

Falls Lake Neighborhood
5 Beds
7 Baths
7,455 Sq Ft
1.17 Acres

Recently Sold

$288 Per Sq Ft

3 Days on Market

Highlights

  • Traditional Architecture
  • Wood Flooring
  • 1 Fireplace
  • Brassfield Elementary School Rated A-
  • Main Floor Primary Bedroom
  • Brick Exterior Construction

About This Home

As of April 2024

For comp purposes only.

Last Agent to Sell the Property

Peter Kima

Real Broker, LLC License #247276 Listed on: 12/22/2021

Real Broker, LLC

Last Buyer's Agent

Non Member

Non Member Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,102

Year Built

  • Built in 2017

Lot Details

  • 1.17 Acre Lot

HOA Fees

  • $124 Monthly HOA Fees

Parking

  • 3 Car Garage

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Shake Siding
  • Stone

Interior Spaces

  • 7,455 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main

Schools

  • Brassfield Elementary School
  • West Millbrook Middle School
  • Millbrook High School

Utilities

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

Community Details

  • Avalaire Subdivision

Listing and Financial Details

  • REO, home is currently bank or lender owned

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,102

Year Built

Built in 2017

Lot Details

0

HOA Fees

$124 per month

Parking

3

Listing Details

  • Year Built: 2017
  • Prop. Type: Residential
  • Subdivision Name: Avalaire
  • Above Grade Finished Sq Ft: 7455.0
  • Architectural Style: Traditional
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Contract Information Ownership Type: Other
  • General Property Information Above Grade Unfinished Area: 902.0
  • General Property Information Total Unfinished Area2: 902.0
  • General Property Information Lot Size Dimensions: Per Plat Map
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: Yes
  • Cooling Central Air: Yes
  • Structure Type Site Built: Yes
  • Flooring Carpet: Yes
  • Flooring Ceramic Tile: Yes
  • Flooring Hardwood: Yes
  • Levels Two: Yes
  • Architectural Style Traditional: Yes
  • Room Types Primary Bedroom Level: M
  • Special Listing Conditions Real Estate Owned: Yes
  • General Property Information Above Grade Finished Area: 7455.0
  • General Property Information Carport YN: No
  • Special Circumstances REOLender Owned: Yes
  • General Property Information Lot Size Square Feet2: 50965.2
  • General Property Information Lot Size Acres: 1.17
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Appliances: Tankless Water Heater
  • Basement YN: No
  • Full Bathrooms: 5
  • Half Bathrooms: 2
  • Total Bedrooms: 5
  • Fireplaces: 1
  • Total Bedrooms: 15
  • Appliances:Tankless Water Heater: Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Acres: 1.17
  • Construction Type: Brick, Shake Siding, Stone
  • Construction Materials:Stone: Yes
  • Construction Materials:Brick: Yes
  • Construction Materials:Shake Siding: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 3.0
  • Parking Features: Garage
  • Parking Features:Garage: Yes
  • General Property Information:Garage Spaces: 3.0

Utilities

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

Condo/Co-op/Association

  • Association Fee: 371.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 371.0
  • General Property Information:Association Fee Frequency: Quarterly

Schools

  • Ninth Grade High School: Wake - Millbrook
  • Middle Or Junior School: Wake - West Millbrook

Lot Info

  • Lot Dimensions: Per Plat Map
  • Lot Size Sq Ft: 50965.2
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 15102.0
  • Tax Year: 2021

MLS Schools

  • Elementary School: Wake - Brassfield

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 30, 2024
Closed on
Mar 27, 2024
Sold by
Higgins Kathryn M and Keen Sharon H
Bought by
Perry Athena and Perry Chase
Seller's Agent
Jonathan Pugeda
EXP Realty LLC
Buyer's Agent
Christopher Gorman
LPT Realty, LLC
List Price
$3,300,000
Sold Price
$2,975,000
Premium/Discount to List
-$325,000
-9.85%
Total Days on Market
3
Views
132
Current Estimated Value
$3,126,907

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$151,907
Avg. Annual Appreciation
4.27%

Purchase Details

Listed on
Dec 22, 2021
Closed on
Dec 30, 2021
Sold by
Mccoy Kenneth and Mccoy Peggy
Bought by
Bpcp Raleigh Llc
Seller's Agent
Peter Kima
Real Broker, LLC
Buyer's Agent
Non Member
Non Member Office
List Price
$2,150,000
Sold Price
$2,150,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.45%

Purchase Details

Listed on
Dec 22, 2021
Closed on
Dec 29, 2021
Sold by
Bpcp Raleigh Llc
Bought by
Higgins Kathryn M and Higgins Sharon H
Seller's Agent
Peter Kima
Real Broker, LLC
Buyer's Agent
Non Member
Non Member Office
List Price
$2,150,000
Sold Price
$2,150,000

Purchase Details

Closed on
Mar 22, 2018
Sold by
Miller Philip C and Miller Thelma
Bought by
Mccoy Kenneth and Mccoy Peggy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$7,000,000
Interest Rate
4.32%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $2,975,000 Beacon Title
Warranty Deed $2,000,000 None Available
Special Warranty Deed $2,150,000 None Available
Warranty Deed $1,950,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $2,000,000 Construction
Previous Owner $7,000,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/02/2024 04/02/24 Sold $2,975,000 -9.8% $406 / Sq Ft
02/22/2024 02/22/24 Pending -- -- --
01/30/2024 01/30/24 For Sale $3,300,000 +53.5% $450 / Sq Ft
12/15/2023 12/15/23 Off Market $2,150,000 -- --
12/30/2021 12/30/21 Sold $2,150,000 0.0% $288 / Sq Ft
12/21/2021 12/21/21 For Sale $2,150,000 -- $288 / 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 $17,355 $2,791,397 $510,000 $2,281,397
2023 $16,754 $2,146,215 $393,750 $1,752,465
2022 $15,520 $2,146,215 $393,750 $1,752,465
2021 $15,101 $2,146,215 $393,750 $1,752,465
2020 $11,040 $2,146,215 $393,750 $1,752,465
2019 $15,059 $1,841,436 $357,000 $1,484,436
2018 $0 $357,000 $357,000 $0
2017 $2,538 $357,000 $357,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2426748

Doorify MLS

APN: 1718.01-19-6502-000