NOT LISTED FOR SALE

5414 Cowan Ln Raleigh, NC 27610

Estimated Value: $345,000 - $363,000

3 Beds
2.5 Baths
2,001 Sq Ft
$179/Sq Ft Est. Value

Last Sold February 23, 2024

Last sale price $344,000 $172 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $2,240/month

37 Days on Market

Highlights

  • Transitional Architecture
  • 2 Car Attached Garage
  • Central Air
  • Loft
  • Living Room
  • Family Room

About This Home

As of February 2024

Run Don't Walk! This home boast a 3 bedroom + 1st flr office/ flex rm/ living rm (you have options) + Loft + 2 car garage! The huge family room and eat-in welcomes entertaining with lots of natural light-galore! Upgraded custom tile in the kitchen. Oversized Owner's suite w/ sitting area + massive walkin closet . The home is situated at the end of the street on over .33 of an acre and treelined backyard offering even more privacy for outdoor entertaining too. Convenient to highways, shopping & dining. Will not last long. Make appt. today. Pardon boxes, sellers in process of moving.

Last Agent to Sell the Property

Sharee Bowman

Fathom Realty NC License #225712 Listed on: 12/19/2023

Fathom Realty NC

Last Buyer's Agent

Tina Caul

EXP Realty LLC License #267133

EXP Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,322

Year Built

  • Built in 2013

Lot Details

  • 0.34 Acre Lot

HOA Fees

  • $19 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • 2 Open Parking Spaces

Home Design

  • Transitional Architecture

Interior Spaces

  • 2,001 Sq Ft Home
  • 2-Story Property
  • Family Room
  • Living Room
  • Loft

Bedrooms and Bathrooms

  • 3 Bedrooms

Schools

  • Wake County Schools Elementary And Middle School
  • Wake County Schools High School

Utilities

  • Central Air
  • Heat Pump System

Community Details

  • Association fees include ground maintenance
  • Macadie Park HOA / Ceadar Mgmt Association, Phone Number (919) 676-4007
  • 877 252 3327 Association
  • Macadie Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 732013043

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,322

Year Built

Built in 2013

Lot Details

0

HOA Fees

$19 per month

Parking

2

Listing Details

  • Year Built: 2013
  • Prop. Type: Residential
  • Horses: No
  • Reso Association Fee Includes: Maintenance Grounds
  • Subdivision Name: Macadie Park
  • Above Grade Finished Sq Ft: 2001.0
  • Architectural Style: Transitional
  • Garage Yn: Yes
  • New Construction: No
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Association Fee 2 Required YN: No
  • General Property Information Basement YN: No
  • Architectural Style Transitional: Yes
  • Cooling Central Air: Yes
  • Cooling:Electric: Yes
  • Room Types Bedroom 2 Level: Second
  • Room Types Bedroom 3 Level: Second
  • Room Types Family Room2: Yes
  • Room Types Primary Bedroom Level: Second
  • Room Types Loft: Yes
  • Room Types Living Room2: Yes
  • General Property Information Association Phone: 919-676-4007
  • General Property Information Senior Community YN: No
  • General Property Information Association Name 2: 877-252-3327
  • General Property Information Enhanced Accessible2: No
  • General Property Information Horse YN2: No
  • General Property Information Spa YN: No
  • General Property Information Above Grade Finished Area: 2001.0
  • Room Types Primary Bathroom Level: Second
  • General Property Information Lot Size Square Feet2: 14810.0
  • General Property Information Lot Size Acres: 0.34
  • General Property Information Stories2: 2
  • General Property Information Waterfront YN: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Private Spa: No
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Total Bedrooms: 10
  • Stories: 2

Exterior Features

  • Acres: 0.34
  • Waterfront: No
  • Home Warranty: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Open Parking Spaces: 2.0
  • Open Parking: Yes
  • Total Parking Spaces: 4.0
  • General Property Information:Garage Spaces: 2.0
  • General Property Information:Attached Garage YN: Yes
  • General Property Information:Parking Total: 4.0
  • General Property Information:Open Parking YN2: Yes
  • General Property Information:Open Parking Spaces2: 2.0

Utilities

  • Cooling: Central Air, Electric, Heat Pump
  • Cooling Y N: Yes
  • HeatingCooling:Heat Pump: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 230.0
  • Association Fee Frequency: Annually
  • Association: 877-252-3327
  • Association Name: Macadie Park HOA / Ceadar Mgmt
  • Phone: 919-676-4007
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: Macadie Park HOA / Ceadar Mgmt
  • Association Fee Includes:Maintenance Grounds2: Yes
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 230.0
  • General Property Information:Association Fee Frequency: Annually

Schools

  • Ninth Grade High School: Wake County Schools
  • Middle Or Junior School: Wake County Schools

Lot Info

  • Lot Size Sq Ft: 14810.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 732013043

Tax Info

  • Tax Annual Amount: 2322.08
  • Tax Year: 2023
  • Tax Map Number: 35

MLS Schools

  • Elementary School: Wake County Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 19, 2023
Closed on
Feb 22, 2024
Sold by
Rountree Tyrell L
Bought by
Harun Mohammod and Begum Satara
Seller's Agent
Sharee Bowman
Fathom Realty NC
Buyer's Agent
Tina Caul
EXP Realty LLC
List Price
$354,900
Sold Price
$344,000
Premium/Discount to List
-$10,900
-3.07%
Views
113
Current Estimated Value
$357,197

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,197
Avg. Annual Appreciation
2.59%
Original Mortgage
$314,000
Outstanding Balance
$310,302
Interest Rate
6.66%
Mortgage Type
New Conventional
Estimated Equity
$46,896

Purchase Details

Closed on
Jan 12, 2017
Sold by
Jones Stacey R
Bought by
Rountree Tyrell L and Rountree Montisha N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$181,000
Interest Rate
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 9, 2013
Sold by
Wade Jurney Homes
Bought by
Jones Stacey R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,774
Interest Rate
3.25%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 27, 2012
Sold by
Capstone Bank
Bought by
Wade Jurney Homes

Purchase Details

Closed on
Sep 13, 2012
Sold by
Macadie Associates Llc
Bought by
Capstone Bank
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
Harun Mohammod $344,000 None Listed On Document
Rountree Tyrell L $179,000 None Available
Jones Stacey R $1,255,000 None Available
Wade Jurney Homes $630,000 None Available
Capstone Bank $750,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Harun Mohammod $314,000
Previous Owner Rountree Tyrell L $181,000
Previous Owner Jones Stacey R $122,774
Previous Owner Wade Jurney Homes Incorporated $93,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/23/2024 02/23/24 Sold $344,000 -3.1% $172 / Sq Ft
12/19/2023 12/19/23 For Sale $354,900 -- $177 / 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 $3,178 $363,629 $75,000 $288,629
2023 $2,322 $211,217 $35,000 $176,217
2022 $2,159 $211,217 $35,000 $176,217
2021 $2,075 $211,217 $35,000 $176,217
2020 $2,038 $211,217 $35,000 $176,217
2019 $1,693 $144,338 $25,000 $119,338
2018 $1,597 $144,338 $25,000 $119,338
2017 $1,522 $144,338 $25,000 $119,338
2016 $1,491 $144,338 $25,000 $119,338
2015 $1,712 $163,373 $37,000 $126,373
2014 -- $163,373 $37,000 $126,373
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 10002765

Doorify MLS

APN: 1732.17-01-3043-000