NOT LISTED FOR SALE

5217 Cambridge Knoll Way Raleigh, NC 27616

Northeast Raleigh Neighborhood

Estimated Value: $690,000

5 Beds
4 Baths
3,314 Sq Ft
$208/Sq Ft Est. Value

Last Sold February 16, 2023

Last sale price $735,918 $222 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $4,214/month

Highlights

  • New Construction
  • Wood Flooring
  • High Ceiling
  • Craftsman Architecture
  • Main Floor Bedroom
  • Community Pool

About This Home

As of February 2023

SOLD PRESALE - FROM COMPARISON PURPOSES ONLY

Last Agent to Sell the Property

Joe Wolf

Drees Homes License #292817 Listed on: 12/10/2022

Last Buyer's Agent

Michelle Dail

ERA Live Moore License #300045

ERA Live Moore

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $692

Year Built

  • Built in 2022 | New Construction

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 126x68x126x61

HOA Fees

  • $89 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Craftsman Architecture
  • Brick or Stone Mason
  • Frame Construction
  • Masonite
  • Stone

Interior Spaces

  • 3,314 Sq Ft Home
  • 3-Story Property
  • High Ceiling
  • Family Room
  • Combination Kitchen and Dining Room
  • Home Office
  • Basement
  • Crawl Space
  • Laundry on upper level

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • 4 Full Bathrooms

Schools

  • Wake County Schools Elementary And Middle School
  • Wake County Schools High School

Utilities

  • Zoned Heating and Cooling
  • Heating System Uses Natural Gas
  • Tankless Water Heater
  • Gas Water Heater

Community Details

Overview

  • Belmont Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$692

Year Built

Built in 2022 | New Construction

Lot Details

0

HOA Fees

$89 per month

Parking

2

Listing Details

  • Year Built: 2022
  • Prop. Type: Residential
  • Subdivision Name: Belmont
  • Above Grade Finished Sq Ft: 3314.0
  • Architectural Style: Craftsman
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Three Or More
  • New Construction: Yes
  • Contract Information Ownership Type: Other
  • General Property Information Above Grade Unfinished Area: 773.0
  • General Property Information Total Unfinished Area2: 773.0
  • General Property Information Lot Size Dimensions: 126x68x126x61
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: Yes
  • General Property Information Fireplace YN: No
  • Interior Features KitchenDining Room Combination: Yes
  • Sewer:Public Sewer: Yes
  • Structure Type Site Built: Yes
  • Water Source Public: Yes
  • Contract Information Estimated Completion Date: 2023-01-01
  • Cooling Zoned: Yes
  • Flooring Carpet: Yes
  • Property Condition Framed: Yes
  • Room Types Bedroom 2 Level: 2
  • Room Types Bedroom 3 Level: 2
  • Room Types Bedroom 4 Level: 2
  • Room Types Family Room2: Yes
  • Room Types Office: Yes
  • Room Types Primary Bedroom Level: 2
  • Laundry Features Upper Level: Yes
  • Room Types Bedroom 5 Level: M
  • Flooring Wood: Yes
  • Architectural Style Craftsman: Yes
  • Levels Three Or More: Yes
  • General Property Information Above Grade Finished Area: 3314.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 8276.4
  • General Property Information Lot Size Acres: 0.19
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Combination, Wood
  • Interior Amenities: High Ceilings, Kitchen/Dining Room Combination
  • Basement: Crawl Space
  • Appliances: Gas Water Heater, Tankless Water Heater
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Total Bedrooms: 13
  • Appliances:Tankless Water Heater: Yes
  • Community Features:Pool2: Yes
  • Interior Features:High Ceilings: Yes
  • Basement:Crawl Space: Yes
  • Appliances:Gas Water Heater: Yes

Exterior Features

  • Acres: 0.19
  • Construction Type: Fiber Cement, Masonite, Stone
  • Construction Materials:Fiber Cement: Yes
  • Construction Materials:Stone: Yes
  • Construction Materials:Masonite: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Garage
  • Parking Features:Garage: Yes
  • General Property Information:Garage Spaces: 2.0

Utilities

  • Heating: Natural Gas, Zoned
  • Cooling: Zoned
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Zoned2: Yes

Condo/Co-op/Association

  • Community Features: Pool
  • Association Fee: 1068.0
  • Association Fee Frequency: Annually
  • Association: Yes

Association/Amenities

  • Association Amenities:Pool: Yes
  • General Property Information:Association Fee: 1068.0
  • General Property Information:Association Fee Frequency: Annually

Schools

  • Ninth Grade High School: Wake County Schools
  • Middle Or Junior School: Wake County Schools

Lot Info

  • Lot Dimensions: 126x68x126x61
  • Lot Size Sq Ft: 8276.4
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 692.0

MLS Schools

  • Elementary School: Wake County Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 10, 2022
Closed on
Jan 23, 2023
Sold by
Drees Homes Company
Bought by
Puri Mamta and Puri Bhavesh
Seller's Agent
Joe Wolf
Drees Homes
Buyer's Agent
Michelle Dail
ERA Live Moore
List Price
$765,918
Sold Price
$735,918
Premium/Discount to List
-$30,000
-3.92%
Current Estimated Value
$690,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$45,918
Avg. Annual Appreciation
-2.45%
Original Mortgage
$550,000
Outstanding Balance
$482,059
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$207,941
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
Puri Mamta $736,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Puri Mamta $550,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2023 12/15/23 Off Market $735,918 -- --
02/16/2023 02/16/23 Sold $735,918 -3.9% $222 / Sq Ft
12/09/2022 12/09/22 Pending -- -- --
12/09/2022 12/09/22 For Sale $765,918 -- $231 / 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 $5,767 $658,931 $110,000 $548,931
2024 $5,743 $658,931 $110,000 $548,931
2023 $3,873 $426,628 $70,000 $356,628
2022 $709 $70,000 $70,000 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2023

    Joe Wolf

    Drees Homes

    (919) 987-5226

    30 in this area

    79 Total Sales

    Joe Wolf
    Section Image
  • Michelle Dail

    Buyer's Agent in 2023

    Michelle Dail

    ERA Live Moore

    (910) 476-4896

    2 in this area

    30 Total Sales

    Michelle Dail
    Section Image
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Map

Source: Doorify MLS

MLS Number: 2486759

Doorify MLS

APN: 1736.18-20-9873-000

North Carolina Wake County Raleigh 27616 Northeast Raleigh

5217 Cambridge Knoll Way, Raleigh, NC

This home is located at 5217 Cambridge Knoll Way, Raleigh, NC 27616 since 10 December 2022 and is currently estimated at $690,000, approximately $208 per square foot. This property was built in 2022. 5217 Cambridge Knoll Way is a home located in Wake County with nearby schools including Beaverdam Elementary School, River Bend Middle, and Rolesville High School.

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