NOT LISTED FOR SALE

5301 Banks Rose Way Raleigh, NC 27603

Estimated Value: $850,000 - $997,000

4 Beds
4 Baths
3,524 Sq Ft
$261/Sq Ft Est. Value

Last Sold April 20, 2022

Last sale price $909,900 $258 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $5,443/month

2 Days on Market

Highlights

  • New Construction
  • Wood Flooring
  • Attic
  • Transitional Architecture
  • Main Floor Primary Bedroom
  • Bonus Room

About This Home

As of April 2022

Living is easy in this impressive, generously spacious home w/large CDS lot. The open floor plan encompasses 4 spacious bedrooms w/plenty of room for study, sleep and storage, 4 luxurious bathrooms, and a sleek and stylish grmt kitchen that flows through to the dining room. The expansive family room w/built-ins elegant FP open to kit. Master bedroom, complete w/walk-in closet and ensuite. Shows like a model w/impeccable craftsmanship and quality. 3 car-gar and more await in this well-appointed home!

Last Agent to Sell the Property

Nina Golden

Keller Williams Legacy License #270967 Listed on: 03/11/2022

Keller Williams Legacy

Last Buyer's Agent

Justice Carney

Palmer Real Estate Group LLC License #331007

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $829

Year Built

  • Built in 2021 | New Construction

Lot Details

  • 0.69 Acre Lot
  • Cul-De-Sac
  • Landscaped

HOA Fees

  • $20 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Front Facing Garage
  • Side Facing Garage
  • Garage Door Opener

Home Design

  • Transitional Architecture
  • Brick Exterior Construction
  • Frame Construction
  • Board and Batten Siding

Interior Spaces

  • 3,524 Sq Ft Home
  • 2-Story Property
  • Smooth Ceilings
  • High Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Propane Fireplace
  • Entrance Foyer
  • Family Room with Fireplace
  • Breakfast Room
  • Dining Room
  • Bonus Room
  • Storage
  • Utility Room
  • Crawl Space
  • Fire and Smoke Detector
  • Attic

Kitchen

  • Built-In Oven
  • Gas Cooktop
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Quartz Countertops

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 4 Full Bathrooms
  • Separate Shower in Primary Bathroom
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on main level

Accessible Home Design

  • Accessible Washer and Dryer

Outdoor Features

  • Covered Patio or Porch
  • Rain Gutters

Schools

  • Banks Road Elementary School
  • Holly Grove Middle School
  • Willow Spring High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Propane
  • Tankless Water Heater
  • Propane Water Heater
  • Septic Tank

Community Details

  • Association fees include storm water maintenance
  • Ppm, Inc. Association, Phone Number (919) 848-4911
  • Meadows Of Banks Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$829

Year Built

Built in 2021 | New Construction

Lot Details

0

HOA Fees

$20 per month

Parking

3

Listing Details

  • Year Built: 2021
  • Prop. Type: Residential
  • Reso Association Fee Includes: Storm Water Maintenance
  • Subdivision Name: Meadows of Banks
  • Above Grade Finished Sq Ft: 3524.0
  • Architectural Style: Transitional
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: Yes
  • Contract Information Ownership Type: Other
  • General Property Information Above Grade Unfinished Area: 791.0
  • General Property Information Total Unfinished Area2: 791.0
  • General Property Information Lot Size Dimensions: See Plat
  • 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 Transitional: Yes
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Laundry Features Laundry Room: Yes
  • Laundry Features Main Level: Yes
  • Security Features Smoke Detector(s): Yes
  • Structure Type Site Built: Yes
  • Contract Information Estimated Completion Date: 2022-03-01
  • Cooling Zoned: Yes
  • Flooring Carpet: Yes
  • Flooring Ceramic Tile: Yes
  • Flooring Hardwood: Yes
  • Interior Features Separate Shower: Yes
  • Interior Features Smooth Ceilings: Yes
  • Levels Two: 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 Bonus Room: Yes
  • Room Types Dining Room2: Yes
  • Room Types Family Room2: Yes
  • Room Types Primary Bedroom Level: M
  • Room Types Utility Room: Yes
  • Room Types Breakfast Room: Yes
  • General Property Information Association Phone: 919-848-4911
  • Water Source Community Water: Yes
  • General Property Information Above Grade Finished Area: 3524.0
  • 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: NewHome
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Ceramic Tile, Hardwood, Tile
  • Interior Amenities: Ceiling Fan(s), Entrance Foyer, High Ceilings, Pantry, Primary Downstairs, Quartz Counters, Separate Shower, Smooth Ceilings, Storage, Walk-In Closet(s), Walk-In Shower
  • Basement: Crawl Space
  • Appliances: Dishwasher, Gas Cooktop, Microwave, Plumbed For Ice Maker, Propane Water Heater, Tankless Water Heater, Wall Oven
  • Basement YN: No
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: Family Room, Gas Log, Propane, Sealed Combustion
  • Fireplaces: 1
  • Total Bedrooms: 10
  • Appliances Dishwasher: Yes
  • Appliances:Gas Cooktop: Yes
  • Appliances:Plumbed For Ice Maker: Yes
  • Appliances:Tankless Water Heater: 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
  • Interior Features:Walk-In Shower: Yes
  • Appliances:Propane Water Heater: Yes
  • Basement:Crawl Space: Yes
  • Fireplace Features:Family Room: Yes
  • Fireplace Features:Propane: Yes
  • Fireplace Features:Sealed Combustion: Yes
  • Interior Features:Quartz Counters: Yes
  • Interior Features:Storage3: Yes
  • Fireplace Features:Gas Log: Yes
  • Attic Features:Walk-In Attic: Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Exterior Features: Rain Gutters
  • Acres: 0.69
  • Construction Type: Board & Batten Siding, Brick, Fiber Cement
  • Patio And Porch Features: Covered, Porch
  • Accessibility Features:Accessible WasherDryer: Yes
  • Construction Materials:Fiber Cement: Yes
  • Exterior Features:Rain Gutters: Yes
  • Lot Features:Landscaped: Yes
  • Patio and Porch Features:Porch: Yes
  • Construction Materials:Board Batten Siding: Yes
  • Patio And Porch Features:Covered2: Yes
  • Lot Features:Cul-De-Sac: Yes
  • Construction Materials:Brick: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Parking Features: Attached, Garage, Garage Door Opener, Garage Faces Front, Garage Faces Side
  • Parking Features:Attached: Yes
  • Parking Features:Garage: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Garage Faces Front: Yes
  • Parking Features:Garage Faces Side: Yes
  • General Property Information:Garage Spaces: 3.0

Utilities

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

Condo/Co-op/Association

  • Association Fee: 240.0
  • Association Fee Frequency: Annually
  • Association Name: PPM, Inc.
  • Phone: 919-848-4911
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: PPM, Inc.
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 240.0
  • General Property Information:Association Fee Frequency: Annually

Schools

  • Ninth Grade High School: Wake - Willow Spring
  • Middle Or Junior School: Wake - Holly Grove

Lot Info

  • Lot Dimensions: See Plat
  • Lot Size Sq Ft: 30056.4
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 829.0
  • Tax Year: 2021

MLS Schools

  • Elementary School: Wake - Banks Road

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 11, 2022
Closed on
Apr 5, 2022
Sold by
Ettaearl Llc
Bought by
Moreland Matthew
Seller's Agent
Nina Golden
Keller Williams Legacy
Buyer's Agent
Justice Carney
Palmer Real Estate Group LLC
List Price
$809,900
Sold Price
$909,900
Premium/Discount to List
$100,000
12.35%
Current Estimated Value
$920,162

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,262
Avg. Annual Appreciation
0.34%
Original Mortgage
$680,000
Outstanding Balance
$638,267
Interest Rate
3.85%
Mortgage Type
New Conventional
Estimated Equity
$281,895

Purchase Details

Closed on
Sep 14, 2020
Sold by
Perry Properties & Development Inc
Bought by
Ettaearl Llc
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
Moreland Matthew $1,820 Arnette Law Offices Pllc
Ettaearl Llc $210,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moreland Matthew $680,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2023 12/15/23 Off Market $909,900 -- --
04/20/2022 04/20/22 Sold $909,900 +12.3% $258 / Sq Ft
03/12/2022 03/12/22 Pending -- -- --
03/10/2022 03/10/22 For Sale $809,900 -- $230 / 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
2024 $4,908 $787,141 $140,000 $647,141
2023 $4,462 $569,659 $118,000 $451,659
2022 $3,136 $569,659 $118,000 $451,659
2021 $829 $118,000 $118,000 $0
2020 $0 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2022

    Nina Golden

    Keller Williams Legacy

    Section Image

  • J

    Buyer's Agent in 2022

    Justice Carney

    Palmer Real Estate Group LLC

    Section Image
See All Agents

Map

Source: Doorify MLS

MLS Number: 2435778

Doorify MLS

APN: 0698.01-06-4354-000

North Carolina Wake County Raleigh 27603

5301 Banks Rose Way, Raleigh, NC

This home is located at 5301 Banks Rose Way, Raleigh, NC 27603 since 11 March 2022 and is currently estimated at $920,162, approximately $261 per square foot. This property was built in 2021. 5301 Banks Rose Way is a home located in Wake County with nearby schools including Banks Road Elementary School.

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