NOT LISTED FOR SALE

5317 Grand Gate Dr Raleigh, NC 27613

Falls Lake Neighborhood

Estimated Value: $1,287,720 - $1,401,000

4 Beds
4.5 Baths
5,110 Sq Ft
$265/Sq Ft Est. Value

Last Sold June 08, 2023

Last sale price $1,195,000 $234 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $7,776/month

22 Days on Market

Highlights

  • Saltwater Pool
  • Wooded Lot
  • Bamboo Flooring
  • West Millbrook Middle School Rated A-
  • Transitional Architecture
  • Main Floor Bedroom

About This Home

As of June 2023

BRING ALL OFFERS!! MOTIVATED SELLER!! NO CITY TAXES!!(Taxes are only $5700 per year) Exclusive ALL BRICK home located on a cul-de-sac in a Gated Community In North Raleigh. This lovely 5 Bedroom home (4 br septic system) is nestled on 1.06acre lot beautifully landscaped at the end of cul-de-sac. LARGE Screened-In Porch overlooking a Salt Water In-Ground Pool. Beautifully Remodeled Large Kitchen with Huge Island, Quartz Countertops, Gas Cooktop/SS Appliances/Refrigerator, W/D, & All 7 Flat Screens TV's Convey. Large Family Room, Study/Office with Gas Fireplace & Built In Book Shelves, Dining Room with Trey Ceiling & Wainscoting. Guest Suite & full bath on 1st floor. Upstairs Master Bedroom with Trey Ceiling, Dual Vanity, His&Hers Closets, Shower and Spa Tub. 2 other Bedrooms w/Jack-n-Jill Bath and 5th Bedroom w/full bath. Huge Theatre Room w/sky lights and Wet Bar, Nice Size Bonus Room & Flex Room. Oversized 3 car Extra Deep garage w/workshop and Massive size parking pad. Home Automation System. 2 Laundry Areas (Upstairs & Garage). LeafFilter® Leaf Guard Gutter System. Barton Pond Elementary is Brand New!

Last Agent to Sell the Property

Robbin Sutton

Pinnacle Realty License #202761 Listed on: 04/02/2023

Co-Listed By

Allen Wyde

Pinnacle Realty License #221092

Last Buyer's Agent

Richard Spencer

Slate Luxury Homes License #239998

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,672

Year Built

  • Built in 2001

Lot Details

  • 1.06 Acre Lot
  • Lot Dimensions are 159x228x188x221x29x31
  • Cul-De-Sac
  • Landscaped
  • Wooded Lot

HOA Fees

  • $67 Monthly HOA Fees

Parking

  • 3 Car Garage
  • Parking Pad
  • Workshop in Garage
  • Side Facing Garage
  • Garage Door Opener
  • Private Driveway

Home Design

  • Transitional Architecture
  • Traditional Architecture
  • Brick Veneer
  • Brick Foundation
  • Plaster

Interior Spaces

  • 5,110 Sq Ft Home
  • 3-Story Property
  • Wet Bar
  • Central Vacuum
  • Bookcases
  • Tray Ceiling
  • Smooth Ceilings
  • High Ceiling
  • Ceiling Fan
  • Skylights
  • Gas Log Fireplace
  • Blinds
  • Entrance Foyer
  • Family Room
  • L-Shaped Dining Room
  • Breakfast Room
  • Den with Fireplace
  • Bonus Room
  • Screened Porch
  • Utility Room
  • Crawl Space
  • Finished Attic

Kitchen

  • Eat-In Kitchen
  • Double Oven
  • Gas Cooktop
  • Down Draft Cooktop
  • Range Hood
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Quartz Countertops
  • Tile Countertops

Flooring

  • Bamboo
  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • Double Vanity
  • Whirlpool Bathtub
  • Separate Shower in Primary Bathroom
  • Walk-in Shower

Laundry

  • Laundry in multiple locations
  • Laundry in Garage
  • Electric Dryer Hookup

Home Security

  • Home Security System
  • Smart Lights or Controls
  • Intercom
  • Smart Home
  • Fire and Smoke Detector

Pool

  • Saltwater Pool

Schools

  • Barton Pond Elementary School
  • West Millbrook Middle School
  • Leesville Road High School

Utilities

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

Community Details

  • Hyde Park HOA
  • Hyde Park Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,672

Year Built

Built in 2001

Lot Details

0

HOA Fees

$67 per month

Parking

3

Listing Details

  • Year Built: 2001
  • Prop. Type: Residential
  • Co List Office Phone: 919-641-7509
  • Subdivision Name: Hyde Park
  • Above Grade Finished Sq Ft: 5110.0
  • Architectural Style: Traditional, Transitional
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • New Construction: No
  • Contract Information Ownership Type: Other
  • General Property Information Lot Size Dimensions: 159x228x188x221x29x31
  • 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
  • Security Features Smoke Detector(s): Yes
  • Structure Type Site Built: Yes
  • Flooring Hardwood: Yes
  • Interior Features Separate Shower: Yes
  • Interior Features Smooth Ceilings: Yes
  • Water Source Well: Yes
  • Room Types Bedroom 2 Level: M
  • Room Types Bedroom 3 Level: 2
  • Room Types Bedroom 4 Level: 2
  • Room Types Bonus Room: Yes
  • Room Types Den2: Yes
  • Room Types Dining Room2: Yes
  • Room Types Family Room2: Yes
  • Architectural Style Traditional: Yes
  • Room Types Office: Yes
  • Room Types Primary Bedroom Level: 2
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Upper Level: Yes
  • Room Types Bedroom 5 Level: 2
  • Room Types Utility Room: Yes
  • Appliances Refrigerators: Yes
  • Interior Features Dining L: Yes
  • Room Types Breakfast Room: Yes
  • Security Features Security System: Yes
  • Levels Three Or More: Yes
  • Other Equipment Intercom: Yes
  • Flooring Bamboo: Yes
  • Foundation Details BrickMortar: Yes
  • Interior Features Room Over Garage: Yes
  • Laundry Features Multiple Locations: Yes
  • Pool Features Private4: Yes
  • Pool Features Salt Water: Yes
  • General Property Information Above Grade Finished Area: 5110.0
  • General Property Information Carport YN: No
  • Appliances Cooktop - Down: Yes
  • General Property Information Lot Size Square Feet2: 46173.6
  • General Property Information Lot Size Acres: 1.06
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Bamboo, Hardwood, Tile
  • Interior Amenities: Bookcases, Ceiling Fan(s), Central Vacuum, Dining L, Double Vanity, Eat-in Kitchen, Entrance Foyer, High Ceilings, Pantry, Quartz Counters, Room Over Garage, Separate Shower, Smart Home, Smart Light(s), Smooth Ceilings, Soaking Tub, Tile Counters, Tray Ceiling(s), Walk-In Closet(s), Walk-In Shower, Wet Bar, Whirlpool Tub
  • Basement: Crawl Space
  • Appliances: Cooktop - Down, Dishwasher, Double Oven, Gas Cooktop, Gas Water Heater, Microwave, Plumbed For Ice Maker, Range Hood, Refrigerator, Tankless Water Heater
  • Basement YN: No
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Den, Gas, Gas Log
  • Fireplaces: 1
  • Appliances Dishwasher: Yes
  • Appliances:Gas Cooktop: Yes
  • Appliances:Plumbed For Ice Maker: Yes
  • Appliances:Range Hood: 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:High Ceilings: Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Walk-In Shower: Yes
  • Basement:Crawl Space: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Interior Features:Quartz Counters: Yes
  • Interior Features:Tray Ceiling(s): Yes
  • Fireplace Features:Gas Log: Yes
  • Appliances:Gas Water Heater: Yes
  • Interior Features:Soaking Tub: Yes
  • Fireplace Features:Gas4: Yes
  • Interior Features:Tile Counters: Yes
  • Interior Features:Bookcases: Yes
  • Interior Features:Wet Bar: Yes
  • Appliances:Double Oven: Yes
  • Interior Features:Central Vacuum: Yes
  • Interior Features:Whirlpool Tub: Yes
  • Attic Features:Finished2: Yes
  • Fireplace Features:Den: Yes
  • Interior Features:Smart Light(s)2: Yes
  • Fireplace Features:Fireplaces Total: 1
  • Interior Features:Smart Home: Yes

Exterior Features

  • Acres: 1.06
  • Construction Type: Brick, Brick Veneer, Plaster
  • Foundation Details: Brick/Mortar
  • Patio And Porch Features: Porch, Screened
  • Lot Features:Landscaped: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Screened: Yes
  • Window Features:Blinds: Yes
  • Lot Features:Wooded: Yes
  • Lot Features:Cul-De-Sac: Yes
  • Construction Materials:Brick Veneer: Yes
  • Construction Materials:Plaster: Yes
  • Construction Materials:Brick: Yes
  • Window Features:Skylight(s): Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 3.0
  • Parking Features: Concrete, Driveway, Garage, Garage Door Opener, Garage Faces Side, Parking Pad, Workshop in Garage
  • Parking Features:Garage: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Concrete4: Yes
  • Parking Features:Driveway: Yes
  • Parking Features:Garage Faces Side: Yes
  • Parking Features:Parking Pad: Yes
  • Parking Features:Workshop in Garage: Yes
  • General Property Information:Garage Spaces: 3.0
  • Laundry Features:In Garage: Yes

Utilities

  • Heating: Forced Air, Natural Gas
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Well
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Association Fee: 800.0
  • Association Fee Frequency: Annually
  • Association Name: Hyde Park HOA
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: Hyde Park HOA
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 800.0
  • General Property Information:Association Fee Frequency: Annually

Schools

  • Ninth Grade High School: Wake - Leesville Road
  • Middle Or Junior School: Wake - West Millbrook

Lot Info

  • Lot Dimensions: 159x228x188x221x29x31
  • Lot Size Sq Ft: 46173.6
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 5672.0
  • Tax Year: 2022

MLS Schools

  • Elementary School: Wake - Barton Pond

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 2, 2023
Closed on
Jun 8, 2023
Sold by
Butler Christopher and Butler Ying
Bought by
Eltz Michael B and Eltz Renee
Seller's Agent
Robbin Sutton
Pinnacle Realty
Buyer's Agent
Richard Spencer
Slate Luxury Homes
List Price
$1,275,000
Sold Price
$1,195,000
Premium/Discount to List
-$80,000
-6.27%
Views
46
Current Estimated Value
$1,352,930

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$157,930
Avg. Annual Appreciation
5.33%
Original Mortgage
$1,195,000
Outstanding Balance
$1,154,057
Interest Rate
5%
Mortgage Type
VA
Estimated Equity
$198,873

Purchase Details

Closed on
Aug 30, 2019
Sold by
Ronk Kevin L and Ronk Lorraine M
Bought by
Butler Christopher and Xu Ying

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Interest Rate
3.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 9, 2001
Sold by
Pinnacle Construction Group Llc
Bought by
Ronk Kevin L and Ronk Lorraine M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$399,339
Interest Rate
6.67%
Source: Public Records

Range of Values:

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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
Eltz Michael B $1,195,000 None Listed On Document
Butler Christopher $771,000 None Available
Ronk Kevin L $499,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Eltz Michael B $1,195,000
Previous Owner Butler Christopher $480,000
Previous Owner Ronk Kevin L $399,339
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/15/2023 12/15/23 Off Market $1,195,000 -- --
06/08/2023 06/08/23 Sold $1,195,000 0.0% $234 / Sq Ft
05/04/2023 05/04/23 Pending -- -- --
05/01/2023 05/01/23 Price Changed $1,195,000 -6.3% $234 / Sq Ft
04/12/2023 04/12/23 For Sale $1,275,000 -- $250 / 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
2025 $7,104 $1,107,494 $200,000 $907,494
2024 $6,898 $1,107,494 $200,000 $907,494
2023 $6,479 $828,398 $190,000 $638,398
2022 $5,545 $765,043 $190,000 $575,043
2021 $5,318 $753,928 $190,000 $563,928
2020 $5,230 $753,928 $190,000 $563,928
2019 $5,006 $610,498 $190,000 $420,498
2018 $4,601 $610,498 $190,000 $420,498
2017 $4,361 $610,498 $190,000 $420,498
2016 $4,272 $610,498 $190,000 $420,498
2015 $5,424 $778,052 $176,000 $602,052
2014 $5,140 $778,052 $176,000 $602,052
Source: Public Records

Agents Affiliated with this Home

  • Robbin Sutton

    Seller's Agent in 2023

    Robbin Sutton

    Pinnacle Realty

    (919) 255-8210

    2 in this area

    45 Total Sales

    Robbin Sutton
    Section Image
  • Allen Wyde

    Seller Co-Listing Agent in 2023

    Allen Wyde

    Pinnacle Realty

    (919) 796-1228

    5 in this area

    104 Total Sales

    Allen Wyde
    Section Image

  • R

    Buyer's Agent in 2023

    Richard Spencer

    Slate Luxury Homes

    (919) 821-0180

    1 in this area

    58 Total Sales

    Richard Spencer
    Section Image
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Map

Source: Doorify MLS

MLS Number: 2503002

Doorify MLS

APN: 0789.04-92-9226-000

North Carolina Wake County Raleigh 27613 Falls Lake

5317 Grand Gate Dr, Raleigh, NC

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