NOT LISTED FOR SALE

5300 Mill Dam Rd Wake Forest, NC 27587

Estimated Value: $979,000 - $1,063,000

5 Beds
3.5 Baths
4,353 Sq Ft
$238/Sq Ft Est. Value

Last Sold November 29, 2021

Last sale price $930,000 $214 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $5,922/month

1 Day on Market

Highlights

  • Waterfront
  • 2.84 Acre Lot
  • Wooded Lot
  • Richland Creek Elementary School Rated A-
  • Deck
  • Transitional Architecture

About This Home

As of November 2021

Coming Soon!

Last Agent to Sell the Property

Rob Zelem

Keller Williams Preferred Realty License #194484 Listed on: 10/09/2021

Last Buyer's Agent

Allison Caudle

Southern Lux Living License #256715

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,156

Year Built

  • Built in 1997

Lot Details

  • 2.84 Acre Lot
  • Waterfront
  • Wooded Lot
  • Landscaped with Trees

HOA Fees

  • $22 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Front Facing Garage
  • Garage Door Opener
  • Private Driveway

Home Design

  • Transitional Architecture
  • Brick or Stone Mason
  • Stone

Interior Spaces

  • 4,353 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Entrance Foyer
  • Family Room
  • Living Room
  • Breakfast Room
  • Dining Room
  • Bonus Room
  • Screened Porch
  • Utility Room
  • Laundry on main level
  • Water Views
  • Crawl Space

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Separate Shower in Primary Bathroom
  • Soaking Tub
  • Separate Shower

Schools

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

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Propane
  • Heat Pump System
  • Gas Water Heater
  • Septic Tank

Additional Features

  • Accessible Washer and Dryer
  • Deck

Community Details

  • Association fees include water
  • Mill Race HOA
  • Millrace Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,156

Year Built

Built in 1997

Lot Details

2.84 Acres

HOA Fees

$22 per month

Parking

2

Listing Details

  • Year Built: 1997
  • Prop. Type: Residential
  • Reso Association Fee Includes: Water
  • Subdivision Name: Millrace
  • Above Grade Finished Sq Ft: 4353.0
  • Architectural Style: Transitional
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One and One Half, Two
  • New Construction: No
  • Contract Information Ownership Type: Other
  • General Property Information Above Grade Unfinished Area: 700.0
  • General Property Information Total Unfinished Area2: 700.0
  • General Property Information Lot Size Dimensions: Check
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: Yes
  • Appliances Microwave: Yes
  • Architectural Style Transitional: Yes
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Laundry Features Main Level: Yes
  • Structure Type Site Built: Yes
  • Basement Walk-In Crawl Space: Yes
  • Cooling Zoned: Yes
  • Flooring Carpet: Yes
  • Flooring Hardwood: Yes
  • Interior Features Separate Shower: Yes
  • Levels Two: Yes
  • Lot Features Hardwood Trees: 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
  • Room Types Bedroom 5 Level: 2
  • Room Types Utility Room: Yes
  • Appliances Refrigerators: Yes
  • Room Types Living Room2: Yes
  • Room Types Breakfast Room: Yes
  • Levels One and One Half: Yes
  • Water Source Community Water: Yes
  • Lot Water Features Water View: Yes
  • Lot Water Features Waterfront3: Yes
  • General Property Information Above Grade Finished Area: 4353.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 123710.4
  • General Property Information Lot Size Acres: 2.84
  • General Property Information:Living Area3: 4353.0
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Hardwood, Tile
  • Interior Amenities: Ceiling Fan(s), Eat-in Kitchen, Entrance Foyer, Granite Counters, High Ceilings, Pantry, Primary Downstairs, Separate Shower, Soaking Tub, Walk-In Closet(s)
  • Basement: Crawl Space, Walk-In Crawl Space
  • Appliances: Dishwasher, Gas Water Heater, Microwave, Refrigerator
  • Basement YN: No
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Gas Log
  • Fireplaces: 1
  • 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
  • Basement:Crawl Space: Yes
  • Community Features:Street Lights: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Fireplace Features:Gas Log: Yes
  • Appliances:Gas Water Heater: Yes
  • Interior Features:Soaking Tub: Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Water Body Name: Unnamed
  • Acres: 2.84
  • Waterfront: Yes
  • Construction Type: Fiber Cement, Stone
  • Patio And Porch Features: Deck, Enclosed, Porch, Screened
  • Accessibility Features:Accessible WasherDryer: Yes
  • Construction Materials:Fiber Cement: Yes
  • Lot Features:Landscaped: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Screened: Yes
  • Lot Features:Wooded: Yes
  • Construction Materials:Stone: Yes
  • Patio And Porch Features:Deck2: Yes
  • Patio And Porch Features:Enclosed2: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Concrete, Driveway, Garage, Garage Door Opener, Garage Faces Front
  • Parking Features:Garage: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Concrete4: Yes
  • Parking Features:Driveway: Yes
  • Parking Features:Garage Faces Front: Yes
  • General Property Information:Garage Spaces: 2.0

Utilities

  • Heating: Electric, Forced Air, Heat Pump, Propane, Zoned
  • Cooling: Central Air, Zoned
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Community Water
  • Heating:Electric4: Yes
  • Heating:Forced Air: Yes
  • Heating:Heat Pump2: Yes
  • Heating:Zoned2: Yes
  • Sewer Septic Tank: Yes
  • Heating:Propane2: Yes

Condo/Co-op/Association

  • Community Features: Street Lights
  • Association Fee: 262.5
  • Association Fee Frequency: Annually
  • Association Name: Mill Race HOA
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: Mill Race HOA
  • Association Fee Includes:Water2: Yes
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 262.5
  • General Property Information:Association Fee Frequency: Annually

Schools

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

Lot Info

  • Lot Dimensions: Check
  • Lot Size Sq Ft: 123710.4
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4156.0
  • Tax Year: 2021

MLS Schools

  • Elementary School: Wake - Richland Creek

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 9, 2021
Closed on
Nov 19, 2021
Sold by
Coates Regina Dutton
Bought by
Mirabito Scott Joseph and Mirabito Nathakorn
Seller's Agent
Rob Zelem
Keller Williams Preferred Realty
Buyer's Agent
Allison Caudle
Southern Lux Living
Sold Price
$930,000
Current Estimated Value
$1,034,659

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$104,659
Avg. Annual Appreciation
2.51%
Original Mortgage
$430,000
Outstanding Balance
$394,348
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$640,311

Purchase Details

Closed on
Sep 27, 2017
Sold by
Coates Richard M and Coates Regina D
Bought by
Coates Regina D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
3.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 17, 2006
Sold by
Ange William H and Ange Robin H
Bought by
Coates Richard M and Coates Regina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$466,000
Interest Rate
6.54%
Mortgage Type
Purchase Money Mortgage
Source: Public Records
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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
Mirabito Scott Joseph $930,000 None Available
Coates Regina D -- None Available
Coates Richard M $582,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mirabito Scott Joseph $430,000
Previous Owner Coates Regina D $250,000
Previous Owner Coates Richard M $466,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/15/2023 12/15/23 Off Market $930,000 -- --
11/29/2021 11/29/21 Sold $930,000 -- $214 / Sq Ft
10/10/2021 10/10/21 Pending -- -- --
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 $6,205 $967,049 $210,000 $757,049
2024 $6,025 $967,049 $210,000 $757,049
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2412698

Doorify MLS

APN: 1861.03-22-7038-000

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