Seller's Agent in 2024
Melanie Elenio
DASH Carolina
(913) 558-1006
88 Total Sales
5301 Mill Dam Rd Wake Forest, NC 27587
Estimated Value: $901,422 - $972,000
4
Beds
3.5
Baths
3,868
Sq Ft
$240/Sq Ft
Est. Value
Highlights
- Wooded Lot
- Transitional Architecture
- Granite Countertops
- Richland Creek Elementary School Rated A-
- Wood Flooring
- 2 Car Attached Garage
About This Home
As of August 2024Discover the beauty and tranquility of the highly sought-after Millrace community in Wake Forest with this custom home, nestled on a private, sprawling 2.36-acre lot. This exquisite residence features a first-floor owner's suite with a luxurious bath and walk-in closet. The beautifully remodeled kitchen boasts double wall ovens, a peninsula bar, and a custom island. The family room, perfect for relaxation and social gatherings, includes a stone fireplace, built-in cabinets, and a wet bar. Upstairs, you'll find three spacious bedrooms, two bathrooms, an office, and a bonus room. The seamless floorplan extends to an outdoor sanctuary complete with a covered porch, brick patio, and built-in grill, ideal for entertaining. Additional highlights include a two-car garage with an epoxy floor. Recent renovations include a new roof in 2018, new HVAC systems in 2019 and 2021, and updates to the staircase, bathrooms, and carpet in 2021. In 2023, the hardwood floors, kitchen, crawlspace encapsulation, and windows were all upgraded. This home is set in a picturesque landscape that harmoniously blends with the four spring-fed lakes and cascading waterfall of Millrace. Come and experience this stunning property for yourself.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,861
Year Built
- Built in 1997
Lot Details
- 2.36 Acre Lot
- Wooded Lot
- Landscaped with Trees
HOA Fees
- $33 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Private Driveway
- 2 Open Parking Spaces
Home Design
- Transitional Architecture
- Brick Foundation
- Shingle Roof
Interior Spaces
- 3,868 Sq Ft Home
- 1-Story Property
- Wet Bar
- Bookcases
- Smooth Ceilings
- Wood Burning Fireplace
- Gas Log Fireplace
- Fireplace Features Masonry
- Family Room with Fireplace
Kitchen
- Electric Cooktop
- Microwave
- Dishwasher
- Granite Countertops
- Quartz Countertops
- Disposal
Flooring
- Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- Walk-In Closet
Attic
- Attic Floors
- Pull Down Stairs to Attic
Accessible Home Design
- Handicap Accessible
Schools
- Richland Creek Elementary School
- Wake Forest Middle School
- Wake Forest High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
- Heat Pump System
- Septic Tank
Community Details
- Association fees include ground maintenance
- Mill Race HOA
- Millrace Subdivision
Listing and Financial Details
- Assessor Parcel Number 1861.03-22-9451.000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 28, 2024
Closed on
Aug 19, 2024
Sold by
Rupert Jason T and Rupert Jan M
Bought by
Thumann William Patrick and Thumann Diane Lorraine
Seller's Agent
Melanie Elenio
DASH Carolina
Buyer's Agent
Maria Greer
DASH Carolina
List Price
$895,000
Sold Price
$880,000
Premium/Discount to List
-$15,000
-1.68%
Views
44
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,856
Avg. Annual Appreciation
4.63%
Original Mortgage
$475,000
Outstanding Balance
$469,646
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
$458,210
Purchase Details
Closed on
Apr 16, 2018
Sold by
Williams Harriet G and Williams Todd F
Bought by
Rupert Jason T and Rupert Jan M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$388,000
Interest Rate
4.46%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 24, 1997
Sold by
Cyrus David D
Bought by
Williams Todd F and Williams Harriet G
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$283,500
Interest Rate
5.87%
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Thumann William Patrick | $880,000 | Longleaf Title Insurance | |
| Rupert Jason T | $485,000 | None Available | |
| Williams Todd F | $315,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Thumann William Patrick | $475,000 | |
| Previous Owner | Rupert Jason T | $388,000 | |
| Previous Owner | Williams Todd F | $283,500 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/27/2024 08/27/24 | Sold | $880,000 | -1.7% | $228 / Sq Ft |
| 07/28/2024 07/28/24 | Pending | -- | -- | -- |
| 06/28/2024 06/28/24 | For Sale | $895,000 | -- | $231 / Sq Ft |
Source: Doorify MLS
Tax History Compared to Growth
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 | $5,458 | $850,148 | $210,000 | $640,148 |
| 2024 | $5,299 | $850,148 | $210,000 | $640,148 |
| 2023 | $3,861 | $492,664 | $120,000 | $372,664 |
| 2022 | $3,578 | $492,664 | $120,000 | $372,664 |
| 2021 | $3,482 | $492,664 | $120,000 | $372,664 |
| 2020 | $3,424 | $492,664 | $120,000 | $372,664 |
| 2019 | $3,449 | $419,852 | $90,000 | $329,852 |
| 2018 | $3,171 | $419,852 | $90,000 | $329,852 |
| 2017 | $3,005 | $419,852 | $90,000 | $329,852 |
| 2016 | $2,944 | $419,852 | $90,000 | $329,852 |
| 2015 | $3,134 | $448,357 | $115,000 | $333,357 |
| 2014 | $2,970 | $448,357 | $115,000 | $333,357 |
Source: Public Records
Agents Affiliated with this Home
-
Melanie Elenio
-
Maria Greer
Buyer's Agent in 2024
Maria Greer
DASH Carolina
(919) 800-7039
77 Total Sales
Map
Source: Doorify MLS
MLS Number: 10038509
APN: 1861.03-22-9451-000
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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.
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