NOT LISTED FOR SALE

518 Powell Dr Raleigh, NC 27606

Estimated Value: $509,000 - $631,000

4 Beds
2 Baths
2,202 Sq Ft
$268/Sq Ft Est. Value

Last Sold March 14, 2023

Last sale price $535,000 $243 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $3,577/month

4 Days on Market

Highlights

  • Colonial Architecture
  • Deck
  • Main Floor Bedroom
  • Adams Elementary Rated A-
  • Wood Flooring
  • Granite Countertops

About This Home

As of March 2023

Prime location on Powell! Well maintained and cared-for colonial style home featuring hardwood floors throughout, beautiful tile details on bathroom floors, all new custom windows, spacious living room, high ceilings, an inviting screened-in porch overlooking an expansive backyard, mature trees and gorgeous landscaping, and more. Quick and easy access to the State Fairgrounds, JC Raulston Arboretum, Powell Dr Park, many great restaurants and shopping. Laundry room could be used as a 5th bedroom, if one wanted to relocate the washer and dryer.

Last Agent to Sell the Property

Eila Voloshen

Urban Durham Realty License #285803 Listed on: 02/08/2023

Last Buyer's Agent

Edna Sexton

Pinnacle Group Realty License #108798

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,745

Year Built

  • Built in 1960

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 85x183x84x181

Home Design

  • Colonial Architecture

Interior Spaces

  • 2,202 Sq Ft Home
  • 2-Story Property
  • Fireplace Features Masonry
  • Entrance Foyer
  • Living Room with Fireplace
  • Combination Kitchen and Dining Room
  • Screened Porch
  • Utility Room
  • Granite Countertops
  • Unfinished Basement

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • 2 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Parking

  • Circular Driveway
  • Gravel Driveway

Outdoor Features

  • Deck
  • Patio

Schools

  • Adams Elementary School
  • Lufkin Road Middle School
  • Athens Dr High School

Utilities

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

Community Details

  • No Home Owners Association
  • Sunset Terrace Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,745

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Year Built: 1960
  • Prop. Type: Residential
  • Subdivision Name: Sunset Terrace
  • Above Grade Finished Sq Ft: 2202.0
  • Architectural Style: Colonial
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Contract Information Ownership Type: Other
  • General Property Information Below Grade Unfinished Area: 490.0
  • General Property Information Total Unfinished Area2: 490.0
  • General Property Information Lot Size Dimensions: 85x183x84x181
  • General Property Information Basement YN: Yes
  • General Property Information Fireplace YN: Yes
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Interior Features BathtubShower Combination: Yes
  • Interior Features KitchenDining Room Combination: Yes
  • Sewer:Public Sewer: Yes
  • Structure Type Site Built: Yes
  • Water Source Public: Yes
  • Levels Two: Yes
  • Room Types Bedroom 2 Level: 2
  • Room Types Bedroom 3 Level: 2
  • Room Types Bedroom 4 Level: M
  • Room Types Dining Room2: Yes
  • Room Types Primary Bedroom Level: 2
  • Laundry Features Upper Level: Yes
  • Room Types Utility Room: Yes
  • Appliances Refrigerators: Yes
  • Room Types Living Room2: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Flooring Wood: Yes
  • Architectural Style Colonial: Yes
  • General Property Information Above Grade Finished Area: 2202.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 14810.4
  • General Property Information Lot Size Acres: 0.34
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Tile, Wood
  • Interior Amenities: Bathtub/Shower Combination, Entrance Foyer, Granite Counters, Kitchen/Dining Room Combination
  • Basement: Unfinished
  • Appliances: Dryer, Gas Water Heater, Refrigerator, Washer
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Living Room, Masonry
  • Fireplaces: 1
  • Total Bedrooms: 8
  • Interior Features:Entrance Foyer: Yes
  • Interior Features:Granite Counters: Yes
  • Appliances:Gas Water Heater: Yes
  • Fireplace Features:Masonry: Yes
  • Fireplace Features:Living Room: Yes
  • Basement:Unfinished: Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Acres: 0.34
  • Construction Type: Fiber Cement
  • Patio And Porch Features: Deck, Patio, Porch, Screened
  • Construction Materials:Fiber Cement: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Screened: Yes
  • Patio And Porch Features:Patio: Yes
  • Patio And Porch Features:Deck2: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Circular Driveway, Driveway, Gravel
  • Parking Features:Driveway: Yes
  • Parking Features:Gravel: Yes
  • Parking Features:Circular Driveway: Yes

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

  • Association: No

Schools

  • Ninth Grade High School: Wake - Athens Dr
  • Middle Or Junior School: Wake - Lufkin Road

Lot Info

  • Lot Dimensions: 85x183x84x181
  • Lot Size Sq Ft: 14810.4
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3745.0
  • Tax Year: 2022

MLS Schools

  • Elementary School: Wake - Adams

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2023
Closed on
Mar 13, 2023
Sold by
Tedrick Amber Nicole
Bought by
Briggs Holly and Briggs Stephen M
Seller's Agent
Eila Voloshen
Urban Durham Realty
Buyer's Agent
Edna Sexton
Pinnacle Group Realty
List Price
$535,000
Sold Price
$535,000
Views
19
Current Estimated Value
$589,558

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,558
Avg. Annual Appreciation
6.27%
Original Mortgage
$428,000
Outstanding Balance
$414,480
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$206,111

Purchase Details

Closed on
Oct 20, 2017
Sold by
Kirks Mark Anthony
Bought by
Tedrick Amber Nicole and Tedrick Ryan Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,000
Interest Rate
3.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 1, 1978
Bought by
Kirks Mark Anthony
Source: Public Records

Range of Values:

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Average Value
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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
Briggs Holly $535,000 --
Tedrick Amber Nicole $345,000 Tryon Title Agency
Kirks Mark Anthony $44,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Briggs Holly $428,000
Previous Owner Tedrick Amber Nicole $70,000
Previous Owner Tedrick Amber Nicole $267,391
Previous Owner Tedrick Ryan Michael $27,500
Previous Owner Tedrick Amber Nicole $276,000
Previous Owner Kirks Mark Anthony $40,337
Previous Owner Kirks Mark Anthony $90,000
Previous Owner Kirks Mark Anthony $90,000
Previous Owner Kirks Mark Anthony $44,773
Previous Owner Kirks Mark Anthony $103,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2023 12/15/23 Off Market $535,000 -- --
03/14/2023 03/14/23 Sold $535,000 0.0% $243 / Sq Ft
02/12/2023 02/12/23 Pending -- -- --
02/08/2023 02/08/23 For Sale $535,000 -- $243 / 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 $4,385 $502,592 $215,000 $287,592
2023 $4,048 $369,511 $125,000 $244,511
2022 $3,672 $360,690 $125,000 $235,690
2021 $3,530 $360,690 $125,000 $235,690
2020 $3,465 $360,690 $125,000 $235,690
2019 $2,362 $202,046 $70,000 $132,046
2018 $2,265 $205,514 $70,000 $135,514
2017 $2,158 $205,514 $70,000 $135,514
2016 $2,114 $205,514 $70,000 $135,514
2015 $1,891 $180,659 $70,000 $110,659
2014 $1,794 $180,659 $70,000 $110,659
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2494286

Doorify MLS

APN: 0784.19-50-0897-000