NOT LISTED FOR SALE

5217 Mill Dam Rd Wake Forest, NC 27587

Estimated Value: $746,000 - $790,099

3 Beds
2.5 Baths
2,675 Sq Ft
$287/Sq Ft Est. Value

Last Sold August 27, 2021

Last sale price $635,000 $237 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $4,463/month

4 Days on Market

Highlights

  • 2.23 Acre Lot
  • 1.5-Story Property
  • Wood Flooring
  • Richland Creek Elementary School Rated A-
  • Cathedral Ceiling
  • Main Floor Primary Bedroom

About This Home

As of August 2021

2.23 Acre Lot w/View of Pond! Attached 2CarGar & Detached 2CarGar w/Finished Rm above! Lives Like a Ranch, w/3 Bdms on 1stFlr, Bonus & Storage on 2nd! Updates include Painted White Cabs in Kit w/New Pulls, New Gas Cooktp, New Fridge & Updated Lghtng! Fresh Paint & New Carpet! Hwds thru 1stFlr! Crown Mldg & Arched Transoms! MstrBR w/Access to Patio! MstrBA w/TileFlr, DualVanity, Garden Tub & SepShwr! FamRm w/StoneFP, Cstm Bltns & Slider Door to SunRm! Irrigatn Systm! Brick Wall Surrounds Backyd for Prvacy!

Last Agent to Sell the Property

Jim Allen

Coldwell Banker HPW License #126077 Listed on: 07/29/2021

Last Buyer's Agent

Brigitte Hill

EXP Realty LLC License #156686

EXP Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,489

Year Built

  • Built in 1999

Lot Details

  • 2.23 Acre Lot
  • Brick Fence
  • Irrigation Equipment
  • Landscaped with Trees
  • Garden
  • Property is zoned R30

HOA Fees

  • $29 Monthly HOA Fees

Parking

  • 4 Car Garage
  • Workshop in Garage
  • Side Facing Garage
  • Garage Door Opener

Home Design

  • 1.5-Story Property
  • Traditional Architecture
  • Brick Exterior Construction
  • Brick Foundation
  • Stone

Interior Spaces

  • 2,675 Sq Ft Home
  • Bookcases
  • Tray Ceiling
  • Smooth Ceilings
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Insulated Windows
  • Entrance Foyer
  • Family Room with Fireplace
  • Living Room
  • Breakfast Room
  • Dining Room
  • Home Office
  • Bonus Room
  • Sun or Florida Room
  • Storage
  • Utility Room
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Built-In Oven
  • Gas Range
  • Microwave
  • Plumbed For Ice Maker
  • Tile Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Whirlpool Bathtub
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Laundry on main level

Attic

  • Attic Floors
  • Unfinished Attic

Outdoor Features

  • Covered Patio or Porch
  • Separate Outdoor Workshop
  • Rain Gutters

Schools

  • Richland Creek Elementary School
  • Wake Forest Middle School
  • Wake Forest High School

Utilities

  • Central Air
  • Heat Pump System
  • Propane Water Heater
  • Septic Tank

Community Details

  • Millrace HOA
  • Millrace Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,489

Year Built

Built in 1999

Lot Details

2.23 Acres

HOA Fees

$29 per month

Parking

4

Listing Details

  • Year Built: 1999
  • Prop. Type: Residential
  • Subdivision Name: Millrace
  • Above Grade Finished Sq Ft: 2675.0
  • Architectural Style: Ranch, Traditional
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One, One and One Half
  • New Construction: No
  • Contract Information Ownership Type: Other
  • General Property Information Lot Size Dimensions: see survey
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: Yes
  • Appliances Microwave: Yes
  • Wall Oven: Yes
  • Architectural Style Ranch: Yes
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Interior Features BathtubShower Combination: Yes
  • Laundry Features Laundry Room: Yes
  • Laundry Features Main Level: Yes
  • Levels One: Yes
  • Security Features Smoke Detector(s): Yes
  • Structure Type Site Built: Yes
  • Flooring Carpet: Yes
  • Flooring Hardwood: Yes
  • Interior Features Smooth Ceilings: Yes
  • Lot Features Hardwood Trees: Yes
  • Room Types Bedroom 2 Level: M
  • Room Types Bedroom 3 Level: M
  • Room Types Bonus Room: Yes
  • Room Types Dining Room2: Yes
  • Room Types Family Room2: Yes
  • Architectural Style Traditional: Yes
  • Room Types Office: Yes
  • Room Types Primary Bedroom Level: M
  • Room Types Utility Room: Yes
  • Appliances Refrigerators: Yes
  • Room Types Living Room2: Yes
  • Room Types Breakfast Room: Yes
  • Room Types Sunroom: Yes
  • Levels One and One Half: Yes
  • Other Structures Workshop: Yes
  • Fencing Brick3: Yes
  • Foundation Details BrickMortar: Yes
  • Attic Features Unfinished2: Yes
  • Water Source Community Water: Yes
  • Other Equipment Irrigation Equipment: Yes
  • General Property Information Above Grade Finished Area: 2675.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 97138.8
  • General Property Information Lot Size Acres: 2.23
  • General Property Information:Living Area3: 2675.0
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Hardwood, Tile
  • Interior Amenities: Bathtub/Shower Combination, Bookcases, Cathedral Ceiling(s), Ceiling Fan(s), Entrance Foyer, High Ceilings, Pantry, Primary Downstairs, Smooth Ceilings, Storage, Tile Counters, Tray Ceiling(s), Walk-In Closet(s), Whirlpool Tub
  • Basement: Crawl Space
  • Appliances: Gas Range, Microwave, Plumbed For Ice Maker, Propane Water Heater, Refrigerator, Wall Oven
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Family Room, Gas Log
  • Fireplaces: 1
  • Appliances:Plumbed For Ice Maker: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Interior Features:Entrance Foyer: Yes
  • Interior Features:High Ceilings: Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Primary Downstairs: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Appliances:Propane Water Heater: Yes
  • Basement:Crawl Space: Yes
  • Fireplace Features:Family Room: Yes
  • Interior Features:Storage3: Yes
  • Interior Features:Tray Ceiling(s): Yes
  • Fireplace Features:Gas Log: Yes
  • Interior Features:Cathedral Ceiling(s): Yes
  • Interior Features:Tile Counters: Yes
  • Interior Features:Bookcases: Yes
  • Attic Features:Floored: Yes
  • Appliances:Gas Range: Yes
  • Interior Features:Whirlpool Tub: Yes
  • Attic Features:Walk-In Attic: Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Exterior Features: Rain Gutters
  • Fencing: Brick
  • Acres: 2.23
  • Construction Type: Brick, Fiber Cement, Stone
  • Foundation Details: Brick/Mortar
  • Patio And Porch Features: Covered, Patio, Porch
  • Construction Materials:Fiber Cement: Yes
  • Exterior Features:Rain Gutters: Yes
  • Lot Features:Landscaped: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Covered2: Yes
  • Construction Materials:Stone: Yes
  • Patio And Porch Features:Patio: Yes
  • Lot Features:Garden2: Yes
  • Window Features:Insulated Windows: Yes
  • Construction Materials:Brick: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 4.0
  • Parking Features: Attached, Detached, Garage, Garage Door Opener, Garage Faces Side, Workshop in Garage
  • Parking Features:Attached: Yes
  • Parking Features:Garage: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Garage Faces Side: Yes
  • Parking Features:Detached: Yes
  • Parking Features:Workshop in Garage: Yes
  • General Property Information:Garage Spaces: 4.0

Utilities

  • Heating: Electric, Heat Pump
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Community Water
  • Heating:Electric4: Yes
  • Heating:Heat Pump2: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Association Fee: 344.0
  • Association Fee Frequency: Annually
  • Association Name: Millrace HOA
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: Millrace HOA
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 344.0
  • General Property Information:Association Fee Frequency: Annually

Schools

  • Ninth Grade High School: Wake - Wake Forest
  • Middle Or Junior School: Wake - Wake Forest

Lot Info

  • Zoning: R30
  • Lot Dimensions: see survey
  • Lot Size Sq Ft: 97138.8
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3489.0
  • Tax Year: 2020

MLS Schools

  • Elementary School: Wake - Richland Creek

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 29, 2021
Closed on
Sep 13, 2021
Sold by
Hood Simon and Hood Catherine
Bought by
Hood Simon and Hood Catherine
Seller's Agent
Jim Allen
Coldwell Banker HPW
Buyer's Agent
Brigitte Hill
EXP Realty LLC
List Price
$585,000
Sold Price
$635,000
Premium/Discount to List
$50,000
8.55%
Current Estimated Value
$768,525

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$133,525
Avg. Annual Appreciation
4.27%
Original Mortgage
$410,000
Outstanding Balance
$372,255
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$396,270

Purchase Details

Listed on
Jul 29, 2021
Closed on
Aug 17, 2021
Sold by
Wake Way Investments Llc
Bought by
Hood Simon and Hood Catherine
Seller's Agent
Jim Allen
Coldwell Banker HPW
Buyer's Agent
Brigitte Hill
EXP Realty LLC
List Price
$585,000
Sold Price
$635,000
Premium/Discount to List
$50,000
8.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$410,000
Outstanding Balance
$372,255
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$396,270

Purchase Details

Closed on
Jul 22, 2020
Sold by
Payne Trudy M
Bought by
Wake Way Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$407,150
Interest Rate
3.2%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Hood Simon -- None Available
Hood Simon $635,000 None Available
Wake Way Investments Llc $479,000 None Available
Wake-Way Investments Llc $479,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hood Simon $410,000
Previous Owner Wake-Way Investments Llc $407,150
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/15/2023 12/15/23 Off Market $635,000 -- --
08/27/2021 08/27/21 Sold $635,000 +8.5% $237 / Sq Ft
08/03/2021 08/03/21 Pending -- -- --
07/30/2021 07/30/21 For Sale $585,000 -- $219 / Sq Ft
Source: Doorify MLS

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 $5,224 $813,594 $231,000 $582,594
2024 $5,072 $813,594 $231,000 $582,594
2023 $3,935 $502,114 $132,000 $370,114
2022 $3,646 $502,114 $132,000 $370,114
2021 $3,548 $502,114 $132,000 $370,114
2020 $3,490 $502,114 $132,000 $370,114
2019 $3,924 $478,050 $135,000 $343,050
2018 $3,607 $478,050 $135,000 $343,050
2017 $3,419 $478,050 $135,000 $343,050
2016 $3,350 $478,050 $135,000 $343,050
2015 $3,548 $508,027 $161,000 $347,027
2014 $3,363 $508,027 $161,000 $347,027
Source: Public Records

Agents Affiliated with this Home

  • Jim Allen

    Seller's Agent in 2021

    Jim Allen

    Coldwell Banker HPW

    (919) 845-9909

    328 in this area

    4,648 Total Sales

    Jim Allen
    Section Image
  • Brigitte Hill

    Buyer's Agent in 2021

    Brigitte Hill

    EXP Realty LLC

    (919) 426-7082

    1 in this area

    25 Total Sales

    Brigitte Hill
    Section Image
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Map

Source: Doorify MLS

MLS Number: 2398703

Doorify MLS

APN: 1861.03-01-3359-000

North Carolina Wake County Wake Forest 27587

5217 Mill Dam Rd, Wake Forest, NC

Not Listed for Sale

Detached

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