NOT LISTED FOR SALE

5309 Falls of Neuse Rd Raleigh, NC 27609

North Hills Neighborhood

Estimated Value: $545,000 - $606,150

4 Beds
4 Baths
2,196 Sq Ft
$260/Sq Ft Est. Value

Last Sold February 28, 2023

Last sale price $500,000 $228 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $3,504/month

112 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • No HOA
  • Transitional Architecture
  • Bonus Room
  • Screened Porch

About This Home

As of February 2023

Amazing fully remodeled home in the heart of North Raleigh, sitting on just under 1/2 acre wooded lot. Beautifully renovated with 4 bedrooms, 4 full baths, plus bonus room. New roof, new tankless water heater, all new appliances. No HOA in an awesome location, close to everything! Updated screened porch overlooking private fenced backyard. New front and rear trex decking, stamped turnaround front driveway. Sealed and epoxied garage. This is a MUST SEE!

Last Agent to Sell the Property

Emily DeVita

Redfin Corporation License #298875 Listed on: 09/08/2022

Last Buyer's Agent

Quantinna Bellamy

Bellamy Investment Group Prope License #305263

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,338

Year Built

  • Built in 1964

Lot Details

  • 0.47 Acre Lot
  • Lot Dimensions are 108x188x99x208
  • Fenced Yard
  • Property is zoned R-4

Parking

  • 2 Car Attached Garage

Home Design

  • Transitional Architecture
  • Brick Exterior Construction

Interior Spaces

  • Multi-Level Property
  • Smooth Ceilings
  • Ceiling Fan
  • Entrance Foyer
  • Family Room
  • Dining Room
  • Bonus Room
  • Screened Porch
  • Storage
  • Utility Room
  • Finished Basement
  • Laundry in Basement

Kitchen

  • Electric Range
  • <<microwave>>
  • Dishwasher
  • Tile Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms
  • Double Vanity
  • <<tubWithShowerToken>>
  • Walk-in Shower

Outdoor Features

  • Deck

Schools

  • Green Elementary School
  • Carroll Middle School
  • Sanderson High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Tankless Water Heater

Community Details

  • No Home Owners Association
  • Fairfax Hills Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,338

Year Built

Built in 1964

Lot Details

0

Parking

2

Listing Details

  • Year Built: 1964
  • Prop. Type: Residential
  • Subdivision Name: Fairfax Hills
  • Above Grade Finished Sq Ft: 1445.0
  • Architectural Style: Transitional
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Multi/Split
  • New Construction: No
  • Contract Information Ownership Type: Other
  • General Property Information Lot Size Dimensions: 108x188x99x208
  • General Property Information Basement YN: Yes
  • General Property Information Fireplace YN: No
  • Appliances Microwave: Yes
  • Architectural Style Transitional: Yes
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Interior Features BathtubShower Combination: Yes
  • Structure Type Site Built: Yes
  • Flooring Hardwood: Yes
  • Interior Features Smooth Ceilings: Yes
  • Room Types Bedroom 2 Level: 2
  • Room Types Bedroom 3 Level: 2
  • Room Types Bedroom 4 Level: B
  • Room Types Bonus Room: Yes
  • Room Types Dining Room2: Yes
  • Room Types Family Room2: Yes
  • Room Types Primary Bedroom Level: 2
  • Room Types Utility Room: Yes
  • Levels MultiSplit: Yes
  • Laundry Features In Basement: Yes
  • General Property Information Above Grade Finished Area: 1445.0
  • General Property Information Below Grade Finished Area: 751.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 20473.2
  • General Property Information Lot Size Acres: 0.47
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Hardwood, Tile
  • Interior Amenities: Bathtub/Shower Combination, Ceiling Fan(s), Double Vanity, Entrance Foyer, Smooth Ceilings, Storage, Tile Counters, Walk-In Shower
  • Basement: Finished
  • Appliances: Dishwasher, Electric Range, Microwave, Tankless Water Heater
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 751.0
  • Total Bedrooms: 8
  • Appliances Dishwasher: Yes
  • Appliances:Tankless Water Heater: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Interior Features:Double Vanity: Yes
  • Interior Features:Entrance Foyer: Yes
  • Interior Features:Walk-In Shower: Yes
  • Interior Features:Storage3: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Tile Counters: Yes
  • Basement Finished: Yes

Exterior Features

  • Exterior Features: Fenced Yard
  • Acres: 0.47
  • Construction Type: Brick
  • Patio And Porch Features: Deck, Porch, Screened
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Screened: Yes
  • Patio And Porch Features:Deck2: Yes
  • Exterior Features:Fenced - Yard: Yes
  • Construction Materials:Brick: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage
  • Parking Features:Attached: Yes
  • Parking Features:Garage: Yes
  • General Property Information:Garage Spaces: 2.0

Utilities

  • Heating: Electric, Forced Air, Natural Gas
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Electric4: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • Zoning: R-4
  • Lot Dimensions: 108x188x99x208
  • Lot Size Sq Ft: 20473.2
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2338.0
  • Tax Year: 2022

MLS Schools

  • Elementary School: Wake - Green

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 8, 2022
Closed on
Feb 28, 2023
Sold by
Lloyd L Nichols Llc
Bought by
Fitts Eric
Seller's Agent
Emily DeVita
Redfin Corporation
Buyer's Agent
Quantinna Bellamy
Bellamy Investment Group Prope
List Price
$595,000
Sold Price
$500,000
Premium/Discount to List
-$95,000
-15.97%
Views
40
Current Estimated Value
$570,788

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,788
Avg. Annual Appreciation
5.95%
Original Mortgage
$500,000
Outstanding Balance
$476,058
Interest Rate
2.5%
Mortgage Type
New Conventional
Estimated Equity
$97,730

Purchase Details

Closed on
Sep 27, 2021
Sold by
Youmans Scott
Bought by
Lloyd L Nichols Llc

Purchase Details

Closed on
Sep 23, 2014
Sold by
Sey Llc
Bought by
Youmans Scott

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
4.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 5, 2006
Sold by
Hsu Peter T C
Bought by
Youmans Scott

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$32,600
Interest Rate
6.39%
Mortgage Type
Stand Alone Second
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
Fitts Eric $500,000 --
Lloyd L Nichols Llc $265,000 None Available
Youmans Scott -- None Available
Youmans Scott $163,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fitts Eric $500,000
Previous Owner Youmans Scott $150,000
Previous Owner Youmans Scott $32,600
Previous Owner Youmans Scott $130,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2023 12/15/23 Off Market $500,000 -- --
02/28/2023 02/28/23 Sold $500,000 +2.0% $228 / Sq Ft
12/29/2022 12/29/22 Pending -- -- --
12/17/2022 12/17/22 Price Changed $490,000 -3.9% $223 / Sq Ft
11/28/2022 11/28/22 Price Changed $510,000 -8.9% $232 / Sq Ft
10/26/2022 10/26/22 Price Changed $560,000 -2.6% $255 / Sq Ft
09/24/2022 09/24/22 Price Changed $575,000 -3.4% $262 / Sq Ft
09/08/2022 09/08/22 For Sale $595,000 -- $271 / 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 $4,215 $483,071 $320,000 $163,071
2023 $5,080 $464,200 $191,250 $272,950
2022 $2,338 $228,910 $191,250 $37,660
2021 $2,247 $228,910 $191,250 $37,660
2020 $2,207 $228,910 $191,250 $37,660
2019 $2,003 $171,153 $47,500 $123,653
2018 $1,890 $171,153 $47,500 $123,653
2017 $1,801 $171,153 $47,500 $123,653
2016 $1,764 $171,153 $47,500 $123,653
2015 $1,847 $176,459 $66,500 $109,959
2014 -- $176,459 $66,500 $109,959
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2473064

Doorify MLS

APN: 1716.10-36-8283-000