NOT LISTED FOR SALE

525 Grand Prince Ln Raleigh, NC 27603

Estimated Value: $558,359 - $674,000

3 Beds
2.5 Baths
2,644 Sq Ft
$227/Sq Ft Est. Value

Last Sold October 25, 2021

Last sale price $505,000 $191 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $3,428/month

4 Days on Market

Highlights

  • Fireplace in Primary Bedroom
  • Wood Flooring
  • Bonus Room
  • Traditional Architecture
  • Main Floor Primary Bedroom
  • High Ceiling

About This Home

As of October 2021

Beautiful 3 bed, 2.5 bath home situated on .69 acre lot. Home features an abundance of natural light & storage, 2 story entry foyer, hardwoods throughout main living area. First floor features an open layout w/ eat in kitchen (2 yr old appliances) w/breakfast nook, sep dining rm, family rm, Mstr suite w/sitting area & fireplace, powder rm & laundry. Second floor features (2) secondary beds, bonus and hall bath. Additional features include 2 car garage, pet proof screened porch & back grilling patio.

Last Agent to Sell the Property

Ashley Wilson DeWeese

Keller Williams Legacy License #208893 Listed on: 09/07/2021

Keller Williams Legacy

Last Buyer's Agent

Marlyn Gladieux

Coldwell Banker HPW License #279733

Coldwell Banker HPW

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,630

Year Built

  • Built in 2006

Lot Details

  • 0.69 Acre Lot
  • Landscaped

HOA Fees

  • $15 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Traditional Architecture
  • Brick Veneer

Interior Spaces

  • 2,644 Sq Ft Home
  • 2-Story Property
  • Bookcases
  • Tray Ceiling
  • High Ceiling
  • Ceiling Fan
  • Entrance Foyer
  • Family Room with Fireplace
  • 2 Fireplaces
  • Breakfast Room
  • Dining Room
  • Bonus Room
  • Screened Porch
  • Storage
  • Utility Room

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Soaking Tub
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on main level

Outdoor Features

  • Patio
  • Rain Gutters

Schools

  • Wake County Schools Elementary School
  • North Garner Middle School
  • South Garner High School

Utilities

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

Community Details

  • Elite Association
  • Kings Ridge Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,630

Year Built

Built in 2006

Lot Details

0

HOA Fees

$15 per month

Parking

2

Listing Details

  • Year Built: 2006
  • Prop. Type: Residential
  • Co List Office Phone: 919-471-8000
  • Subdivision Name: Kings Ridge
  • Above Grade Finished Sq Ft: 2644.0
  • Architectural Style: Traditional
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Contract Information Ownership Type: Other
  • General Property Information Lot Size Dimensions: Per Recorded Plat
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: Yes
  • Appliances Microwave: Yes
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Interior Features BathtubShower Combination: Yes
  • Laundry Features Laundry Room: Yes
  • Laundry Features Main Level: Yes
  • Structure Type Site Built: Yes
  • Water Source Public: Yes
  • Flooring Carpet: Yes
  • Levels Two: Yes
  • Room Types Bedroom 2 Level: 2
  • Room Types Bedroom 3 Level: 2
  • Room Types Bonus Room: Yes
  • Room Types Dining Room2: Yes
  • Room Types Family Room2: Yes
  • Architectural Style Traditional: Yes
  • Room Types Primary Bedroom Level: M
  • Room Types Utility Room: Yes
  • Room Types Breakfast Room: Yes
  • Flooring Wood: Yes
  • General Property Information Above Grade Finished Area: 2644.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 30056.4
  • General Property Information Lot Size Acres: 0.69
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Bathtub/Shower Combination, Bookcases, Ceiling Fan(s), Eat-in Kitchen, Entrance Foyer, Granite Counters, High Ceilings, Pantry, Primary Downstairs, Soaking Tub, Storage, Tray Ceiling(s), Walk-In Closet(s), Walk-In Shower
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Microwave
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Family Room, Primary Bedroom
  • Fireplaces: 2
  • Appliances Dishwasher: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Interior Features:Entrance Foyer: Yes
  • Interior Features:Granite Counters: Yes
  • Interior Features:High Ceilings: Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Primary Downstairs: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Walk-In Shower: Yes
  • Community Features:Street Lights: Yes
  • Fireplace Features:Family Room: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Interior Features:Storage3: Yes
  • Interior Features:Tray Ceiling(s): Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Soaking Tub: Yes
  • Interior Features:Bookcases: Yes
  • Fireplace Features:Primary Bedroom: Yes
  • Fireplace Features:Fireplaces Total: 2

Exterior Features

  • Exterior Features: Rain Gutters
  • Acres: 0.69
  • Construction Type: Brick Veneer
  • Patio And Porch Features: Covered, Patio, Porch, Screened
  • Exterior Features:Rain Gutters: Yes
  • Lot Features:Landscaped: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Screened: Yes
  • Patio And Porch Features:Covered2: Yes
  • Patio And Porch Features:Patio: Yes
  • Construction Materials:Brick Veneer: 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: Electric, Heat Pump
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Electric4: Yes
  • Heating:Heat Pump2: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Community Features: Street Lights
  • Association Fee: 180.0
  • Association Fee Frequency: Annually
  • Association Name: Elite
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: Elite
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 180.0
  • General Property Information:Association Fee Frequency: Annually

Schools

  • Ninth Grade High School: Wake - South Garner
  • Middle Or Junior School: Wake - North Garner

Lot Info

  • Lot Dimensions: Per Recorded Plat
  • Lot Size Sq Ft: 30056.4
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2630.0
  • Tax Year: 2021

MLS Schools

  • Elementary School: Wake County Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 7, 2021
Closed on
Sep 22, 2021
Sold by
Dougherty Justin M and Dougherty Jamie L
Bought by
Valenzuela Christopher J and Valenzuela Jessica A
Seller's Agent
Ashley Wilson DeWeese
Keller Williams Legacy
Buyer's Agent
Marlyn Gladieux
Coldwell Banker HPW
List Price
$459,900
Sold Price
$505,000
Premium/Discount to List
$45,100
9.81%
Current Estimated Value
$599,590

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$94,590
Avg. Annual Appreciation
4.37%
Original Mortgage
$230,000
Outstanding Balance
$209,283
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$390,307

Purchase Details

Closed on
Apr 2, 2019
Sold by
Montalvo Mary Catherine
Bought by
Dougherty Justin M and Dougherty Jamie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$359,000
Interest Rate
4.3%
Mortgage Type
VA

Purchase Details

Closed on
Jan 31, 2007
Sold by
Manning Homes Inc
Bought by
Montalvo Mary Catherine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
6.07%
Mortgage Type
Purchase Money Mortgage
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
Valenzuela Christopher J $505,000 None Available
Dougherty Justin M $359,000 None Available
Montalvo Mary Catherine $342,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Valenzuela Christopher J $230,000
Previous Owner Dougherty Justin M $359,000
Previous Owner Montalvo Mary Catherine $90,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/15/2023 12/15/23 Off Market $505,000 -- --
10/25/2021 10/25/21 Sold $505,000 +9.8% $191 / Sq Ft
09/12/2021 09/12/21 Pending -- -- --
09/08/2021 09/08/21 For Sale $459,900 -- $174 / 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 $3,288 $510,964 $110,000 $400,964
2024 $3,193 $510,964 $110,000 $400,964
2023 $2,916 $371,435 $56,000 $315,435
2022 $2,703 $371,435 $56,000 $315,435
2021 $2,630 $371,435 $56,000 $315,435
2020 $2,587 $371,435 $56,000 $315,435
2019 $2,706 $328,908 $65,000 $263,908
2018 $2,488 $328,908 $65,000 $263,908
2017 $2,359 $328,908 $65,000 $263,908
2016 $2,311 $328,908 $65,000 $263,908
2015 $2,666 $381,034 $68,000 $313,034
2014 $2,527 $381,034 $68,000 $313,034
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2406356

Doorify MLS

APN: 1608.01-15-1052-000