$470,000
SOLD MAR 17, 2026
4 Beds
3 Baths
2,994 Sq Ft
19,602 Sq Ft Lot

Sale Details

Date Sold: March 17, 2026

$157 Per Sq Ft

3% Below List Price

68 Days on Market

Highlights

  • Private Yard
  • Circular Driveway
  • Natural State Vegetation
  • No HOA
  • Cooling System Mounted To A Wall/Window
  • Wood Siding

About This Home

As of March 2026

Discover a rare North Hills teardown opportunity on nearly a half-acre corner basement lot that backs to the Mine Creek Greenway. The existing home was built on a slab foundation over unstable fill and has experienced significant structural issues over time; the property is being sold for land value only. Square footage is based on tax records and may not accurately reflect current conditions. Exterior viewings only. Located just 5 minutes from North Hills and 5 minutes from Crabtree Valley Mall, this site offers unmatched convenience to Midtown's top dining, shopping, parks, and magnet school options. Easy access to I-440, Shelley Lake, and the North Hills Club makes this an exceptional setting for those looking to build in a high-demand area. Ideal for custom-home clients, spec builders, or anyone seeking a build-on-your-lot opportunity in a proven luxury infill corridor. With mature trees, generous frontage, and excellent visibility, 5301 Thayer Drive presents a standout canvas for a future new-construction home with strong long-term value in one of Raleigh's most desirable neighborhoods.

Last Agent to Sell the Property

Whitney McConnell

Real Broker, LLC License #312284 Listed on: 12/11/2025

Last Buyer's Agent

Whitney McConnell

Real Broker, LLC License #312284 Listed on: 12/11/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,163

Year Built

  • Built in 1971

Lot Details

  • 19,602 Sq Ft Lot
  • Natural State Vegetation
  • Private Yard
  • Grass Covered Lot
  • Property is zoned R4

Home Design

  • Slab Foundation
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 2,994 Sq Ft Home
  • 1-Story Property
  • Basement

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Parking

  • Circular Driveway
  • Paved Parking
  • 4 Open Parking Spaces

Schools

  • Brooks Elementary School
  • Carroll Middle School
  • Sanderson High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heat Pump System
  • Cable TV Available

Community Details

  • No Home Owners Association
  • North Hills Estates Subdivision

Listing and Financial Details

  • Assessor Parcel Number 170613044069000 0065783

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,163

Year Built

Built in 1971

Lot Details

0.45 Acres

Listing Details

  • Year Built: 1971
  • Prop. Type: Residential
  • Road Surface Type: Paved
  • Subdivision Name: North Hills Estates
  • Above Grade Finished Sq Ft: 2994.0
  • Architectural Style: Ranch
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Room Types Primary Bedroom Level: Main
  • General Property Information Enhanced Accessible2: No
  • DelayedMarketingYN: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Laminate
  • Basement YN: No
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Main Level Bedrooms: 4
  • Stories: 1

Exterior Features

  • Roof: Shingle
  • Exterior Features: Private Yard
  • Acres: 0.45
  • Disclosures: Lead Based Paint, Seller Disclosure
  • Home Warranty: No
  • Construction Type: Wood Siding
  • Foundation Details: Slab, See Remarks

Garage/Parking

  • Open Parking Spaces: 4.0
  • Open Parking: Yes
  • Parking Features: Circular Driveway, Paved

Utilities

  • Utilities: Cable Available, Electricity Connected, Sewer Connected, Water Connected
  • Heating: Heat Pump
  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Ninth Grade High School: Wake - Sanderson
  • Middle Or Junior School: Wake - Carroll

Lot Info

  • Zoning: R4
  • Lot Size Sq Ft: 19602.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 170613044069000 0065783

Tax Info

  • Tax Annual Amount: 4162.67
  • Tax Year: 2025

MLS Schools

  • Elementary School: Wake - Brooks

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 11, 2025
Closed on
Mar 16, 2026
Sold by
Meri Kotlas
Bought by
Hg-Nc1 Llc
Seller's Agent
Whitney McConnell
Real Broker, LLC
Buyer's Agent
Whitney McConnell
Real Broker, LLC
List Price
$485,000
Sold Price
$470,000
Premium/Discount to List
-$15,000
-3.09%
Views
306

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
65.93%
Original Mortgage
$352,500
Outstanding Balance
$352,500
Interest Rate
6.1%
Mortgage Type
Credit Line Revolving
Estimated Equity
$134,459

Purchase Details

Closed on
Nov 28, 2001
Sold by
Durfree Michael F and Durfee Susan M
Bought by
Shanks Robert G and Kotlas Meri C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,900
Interest Rate
6.59%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Warranty Deed $470,000 None Listed On Document
Warranty Deed $217,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $352,500 Credit Line Revolving
Previous Owner $151,900 No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/17/2026 03/17/26 Sold $470,000 -3.1% $157 / Sq Ft
02/17/2026 02/17/26 Pending -- -- --
12/11/2025 12/11/25 For Sale $485,000 -- $162 / Sq Ft
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 $4,163 $475,022 $431,250 $43,772
2024 $4,146 $475,022 $431,250 $43,772
2023 $4,075 $372,044 $198,000 $174,044
2022 $3,787 $372,044 $198,000 $174,044
2021 $3,640 $372,044 $198,000 $174,044
2020 $3,574 $372,044 $198,000 $174,044
2019 $3,593 $308,314 $132,000 $176,314
2018 $3,389 $308,314 $132,000 $176,314
2017 $3,227 $308,314 $132,000 $176,314
2016 $3,161 $308,314 $132,000 $176,314
2015 $3,088 $296,272 $140,000 $156,272
2014 $2,929 $296,272 $140,000 $156,272
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 10136719

Doorify MLS

APN: 1706.13-04-4069-000

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