NOT LISTED FOR SALE

5233 Alva Dr Raleigh, NC 27606

Estimated Value: $1,210,000 - $1,390,000

4 Beds
3.5 Baths
3,627 Sq Ft
$367/Sq Ft Est. Value

Last Sold August 12, 2021

Last sale price $1,047,000 $289 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $7,805/month

464 Days on Market

Highlights

  • New Construction
  • 0.92 Acre Lot
  • Wood Flooring
  • Swift Creek Elementary School Rated A-
  • Deck
  • Main Floor Primary Bedroom

About This Home

As of August 2021

Ranch Style ( 3 beds on 1st floor) modern farmhouse on Estate lot located close to everything. Tucked away in the back of an established neighborhood is Mattie Woods with 14 Estate lots. Located just across Silver lake off Tryon Rd. close to Crossroads, NCSU, Downtown etc.. This home boasts: open floorplan, 10-18' Ceilings, family room with 2 sides of glass(10' tall) 935 square feet of covered porches, 3 car garage, gourmet kitchen, luxury baths, sealed crawl space. Everything you expect at this price.

Last Agent to Sell the Property

Joe Alercia

RE/MAX United License #163402 Listed on: 04/09/2020

RE/MAX United

Last Buyer's Agent

Bethany Jackson

Keller Williams Pinehurst License #307757

Keller Williams Pinehurst

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,944

Year Built

  • Built in 2021 | New Construction

Lot Details

  • 0.92

HOA Fees

  • $55 Monthly HOA Fees

Parking

  • 3 Car Garage

Home Design

  • Farmhouse Style Home

Interior Spaces

  • 3,627 Sq Ft Home
  • 1.5-Story Property
  • 1 Fireplace
  • Entrance Foyer
  • Family Room
  • Dining Room
  • Bonus Room
  • Screened Porch
  • Storage

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main

Schools

  • Swift Creek Elementary School
  • Dillard Middle School
  • Athens Dr High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Heat Pump System
  • Well
  • Tankless Water Heater
  • Septic Tank

Additional Features

  • Deck
  • 0.92 Acre Lot

Community Details

  • Association fees include storm water maintenance
  • Mattie Woods Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,944

Year Built

Built in 2021 | New Construction

Lot Details

0

HOA Fees

$55 per month

Parking

3

Listing Details

  • Year Built: 2021
  • Prop. Type: Residential
  • Reso Association Fee Includes: Storm Water Maintenance
  • Subdivision Name: Mattie Woods
  • Above Grade Finished Sq Ft: 3627.0
  • Architectural Style: Farmhouse
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One, One and One Half
  • New Construction: Yes
  • Contract Information Ownership Type: Other
  • General Property Information Above Grade Unfinished Area: 420.0
  • General Property Information Total Unfinished Area2: 420.0
  • General Property Information Lot Size Dimensions: survey
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: Yes
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Levels One: Yes
  • Structure Type Site Built: Yes
  • Contract Information Estimated Completion Date: 2021-03-01
  • Architectural Style Farm House: Yes
  • Flooring Hardwood: Yes
  • Property Condition Framed: No
  • Water Source Well: Yes
  • Room Types Bedroom 2 Level: M
  • Room Types Bedroom 3 Level: M
  • Room Types Bedroom 4 Level: 2
  • Room Types Bonus Room: Yes
  • Room Types Dining Room2: Yes
  • Room Types Family Room2: Yes
  • Room Types Primary Bedroom Level: M
  • Levels One and One Half: Yes
  • General Property Information Above Grade Finished Area: 3627.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 40075.2
  • General Property Information Lot Size Acres: 0.92
  • Special Features: 4098
  • Property Sub Type: Detached

Interior Features

  • Flooring: Hardwood, Tile
  • Interior Amenities: Entrance Foyer, Storage
  • Appliances: Tankless Water Heater
  • Basement YN: No
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplaces: 1
  • Total Bedrooms: 9
  • Appliances:Tankless Water Heater: Yes
  • Interior Features:Entrance Foyer: Yes
  • Interior Features:Storage3: Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Acres: 0.92
  • Construction Type: Fiber Cement
  • Patio And Porch Features: Deck, Porch, Screened
  • Construction Materials:Fiber Cement: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Screened: Yes
  • Patio And Porch Features:Deck2: 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: Electric, Forced Air, Heat Pump, Natural Gas
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Well
  • Heating:Electric4: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes
  • Heating:Heat Pump2: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Association Fee: 55.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • General Property Information:Association Fee: 55.0
  • General Property Information:Association Fee Frequency: Monthly

Schools

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

Lot Info

  • Lot Dimensions: survey
  • Lot Size Sq Ft: 40075.2
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 9.0

MLS Schools

  • Elementary School: Wake - Swift Creek

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2020
Closed on
Aug 11, 2021
Sold by
A Squared Llc
Bought by
Frohock Stephanie and Frohock Jeffrey
Seller's Agent
Joe Alercia
RE/MAX United
Buyer's Agent
Bethany Jackson
Keller Williams Pinehurst
List Price
$1,090,000
Sold Price
$1,047,000
Premium/Discount to List
-$43,000
-3.94%
Current Estimated Value
$1,331,743

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$284,743
Avg. Annual Appreciation
5.97%
Original Mortgage
$1,000,000
Outstanding Balance
$909,310
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$422,433

Purchase Details

Closed on
Jan 21, 2020
Sold by
Neighborhood Redevelopment Group Llc
Bought by
A Squared Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$671,250
Interest Rate
3.6%
Mortgage Type
Construction
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Frohock Stephanie $1,047,000 None Available
A Squared Llc $230,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Frohock Stephanie $1,000,000
Previous Owner A Squared Llc $671,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/15/2023 12/15/23 Off Market $1,047,000 -- --
08/12/2021 08/12/21 Sold $1,047,000 -4.4% $289 / Sq Ft
07/17/2021 07/17/21 Pending -- -- --
03/11/2021 03/11/21 Price Changed $1,095,000 +0.5% $302 / Sq Ft
04/09/2020 04/09/20 For Sale $1,090,000 -- $301 / 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 $7,944 $1,238,875 $200,000 $1,038,875
2024 $7,713 $1,238,875 $200,000 $1,038,875
2023 $6,997 $894,809 $210,000 $684,809
2022 $6,482 $894,809 $210,000 $684,809
2021 $6,308 $894,809 $210,000 $684,809
2020 $0 $215,000 $215,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Joe Alercia

    Seller's Agent in 2021

    Joe Alercia

    RE/MAX United

    (919) 868-3972

    17 in this area

    246 Total Sales

    Joe Alercia
    Section Image
  • Bethany Jackson

    Buyer's Agent in 2021

    Bethany Jackson

    Keller Williams Pinehurst

    (919) 744-4701

    1 in this area

    247 Total Sales

    Bethany Jackson
    Section Image
See All Agents

Map

Source: Doorify MLS

MLS Number: 2312855

Doorify MLS

APN: 0772.12-95-9834-000

North Carolina Wake County Raleigh 27606

5233 Alva Dr, Raleigh, NC

This home is located at 5233 Alva Dr, Raleigh, NC 27606 since 09 April 2020 and is currently estimated at $1,331,743, approximately $367 per square foot. This property was built in 2021. 5233 Alva Dr is a home located in Wake County with nearby schools including Swift Creek Elementary School, Dillard Drive Magnet Middle School, and Adventist Christian Academy of Raleigh.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Doorify MLS Some IDX listings have been excluded from this IDX display. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. Listings marked with an icon are provided courtesy of the Doorify MLS, Inc. of North Carolina, Internet Data Exchange Database. Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property. Copyright 2025 Doorify MLS, Inc. of North Carolina. All rights reserved.

Nearby Homes