NOT LISTED FOR SALE

5501 Keowee Way Raleigh, NC 27616

Forestville Neighborhood

Estimated Value: $361,000 - $399,000

3 Beds
2.5 Baths
1,699 Sq Ft
$224/Sq Ft Est. Value

Last Sold May 24, 2022

Last sale price $401,786 $236 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $2,331/month

3 Days on Market

Highlights

  • Tennis Courts
  • Cathedral Ceiling
  • Community Pool
  • Transitional Architecture
  • Wood Flooring
  • Covered Patio or Porch

About This Home

As of May 2022

Immaculate 3 bed, 2.5 bath home in highly desired Riverside with pool, tennis & playground. Access to Neuse River trail which goes to Falls Lake. Wonderful floorplan; entry & living room have soaring ceilings, separate dining room, kitchen w/eating area opens to sweet back yard & large patio. New 50yr roof w/gutter guards in back, Dual Zone hvac '17! W/heater '16, fresh paint. Blinds th/out, appliances convey. Termite bond. Sprinkler system. Finished 2 car garage w/extra storage area.

Last Agent to Sell the Property

Chimene Booty

DEBTEAM License #274747 Listed on: 04/21/2022

Last Buyer's Agent

Cindi Honeycutt

Keller Williams Realty License #294963

Keller Williams Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,158

Year Built

  • Built in 2000

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 51 x101 x 59 x 102
  • Irrigation Equipment

HOA Fees

  • $38 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Garage Door Opener
  • Private Driveway

Home Design

  • Transitional Architecture
  • Slab Foundation

Interior Spaces

  • 1,699 Sq Ft Home
  • 2-Story Property
  • Tray Ceiling
  • Smooth Ceilings
  • Cathedral Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Insulated Windows
  • Entrance Foyer
  • Family Room
  • Living Room with Fireplace
  • Breakfast Room
  • Dining Room
  • Pull Down Stairs to Attic
  • Fire and Smoke Detector

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Double Vanity
  • Shower Only in Primary Bathroom
  • Walk-in Shower

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Outdoor Features

  • Tennis Courts
  • Covered Patio or Porch

Schools

  • Wildwood Forest Elementary School
  • Wake Forest Middle School
  • Wakefield High School

Utilities

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

Community Details

Overview

  • Towne Association
  • Built by TORREY HOMES
  • Riverside Subdivision

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,158

Year Built

Built in 2000

Lot Details

0

HOA Fees

$38 per month

Parking

2

Listing Details

  • Builder Name: TORREY HOMES
  • Year Built: 2000
  • Prop. Type: Residential
  • Co List Office Mls Id: 72851
  • Co List Office Phone: 919-349-0455
  • Subdivision Name: Riverside
  • Above Grade Finished Sq Ft: 1699.0
  • Architectural Style: Transitional
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Contract Information Ownership Type: Other
  • General Property Information Lot Size Dimensions: 51 x101 x 59 x 102
  • 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
  • Attic Features Pull-Down Stairs: Yes
  • Cooling Central Air: Yes
  • Foundation Details Slab: Yes
  • Security Features Smoke Detector(s): Yes
  • Sewer:Public Sewer: Yes
  • Structure Type Site Built: Yes
  • Water Source Public: Yes
  • Cooling Zoned: Yes
  • Flooring Carpet: Yes
  • Flooring Hardwood: Yes
  • Interior Features Separate Shower: Yes
  • Interior Features Smooth Ceilings: Yes
  • Levels Two: Yes
  • Room Types Bedroom 2 Level: 2
  • Room Types Bedroom 3 Level: 2
  • Room Types Dining Room2: Yes
  • Room Types Family Room2: Yes
  • Room Types Primary Bedroom Level: 2
  • Flooring Vinyl: Yes
  • Laundry Features Upper Level: Yes
  • Appliances Refrigerators: Yes
  • Room Types Living Room2: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Room Types Breakfast Room: Yes
  • Interior Features Shower Only: Yes
  • General Property Information Senior Community YN: No
  • Laundry Features Laundry Closet: Yes
  • Other Equipment Irrigation Equipment: Yes
  • General Property Information Above Grade Finished Area: 1699.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 5662.8
  • General Property Information Lot Size Acres: 0.13
  • General Property Information Builder Name: TORREY HOMES
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Hardwood, Vinyl
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fan(s), Double Vanity, Entrance Foyer, High Ceilings, Separate Shower, Shower Only, Smooth Ceilings, Tray Ceiling(s), Walk-In Shower
  • Appliances: Dishwasher, Dryer, Electric Range, Gas Water Heater, Microwave, Refrigerator, Washer
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Living Room, Wood Burning
  • Fireplaces: 1
  • Total Bedrooms: 7
  • Appliances Dishwasher: Yes
  • Community Features:Playground2: Yes
  • Community Features:Pool2: 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:Walk-In Shower: Yes
  • Interior Features:Tray Ceiling(s): Yes
  • Appliances:Electric Range: Yes
  • Appliances:Gas Water Heater: Yes
  • Fireplace Features:Wood Burning: Yes
  • Fireplace Features:Living Room: Yes
  • Interior Features:Cathedral Ceiling(s): Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Exterior Features: Tennis Court(s)
  • Acres: 0.13
  • Construction Type: Fiber Cement
  • Foundation Details: Slab
  • Patio And Porch Features: Covered, Patio, Porch
  • Construction Materials:Fiber Cement: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Covered2: Yes
  • Patio And Porch Features:Patio: Yes
  • Window Features:Insulated Windows: Yes
  • Exterior Features:Tennis Court(s)3: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Concrete, Driveway, Garage, Garage Door Opener, Garage Faces Front
  • Parking Features:Attached: Yes
  • Parking Features:Garage: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Concrete4: Yes
  • Parking Features:Driveway: Yes
  • Parking Features:Garage Faces Front: Yes
  • General Property Information:Garage Spaces: 2.0

Utilities

  • Heating: Forced Air, Natural Gas, Zoned
  • Cooling: Central Air, Zoned
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes
  • Heating:Zoned2: Yes

Condo/Co-op/Association

  • Community Features: Playground, Pool
  • Senior Community: No
  • Association Fee: 115.0
  • Association Fee Frequency: Quarterly
  • Association Name: TOWNE
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: TOWNE
  • Association Amenities:Pool: Yes
  • Association Amenities:Trail(s): Yes
  • Association Amenities:Tennis Courts: Yes
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 115.0
  • General Property Information:Association Fee Frequency: Quarterly

Schools

  • Ninth Grade High School: Wake - Wakefield
  • Middle Or Junior School: Wake - Wake Forest

Lot Info

  • Lot Dimensions: 51 x101 x 59 x 102
  • Lot Size Sq Ft: 5662.8
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2158.0
  • Tax Year: 2021

MLS Schools

  • Elementary School: Wake - Wildwood Forest

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 21, 2022
Closed on
May 18, 2022
Sold by
Raley Diana L
Bought by
Sutarwala Abdulqadir and Shahmalak Fowzia
Seller's Agent
Chimene Booty
DEBTEAM
Buyer's Agent
Cindi Honeycutt
Keller Williams Realty
List Price
$370,000
Sold Price
$401,786
Premium/Discount to List
$31,786
8.59%
Current Estimated Value
$380,690

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$21,096
Avg. Annual Appreciation
-1.60%
Original Mortgage
$361,605
Outstanding Balance
$344,158
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$36,532

Purchase Details

Closed on
Jan 31, 2001
Sold by
D R Horton Inc Torrey
Bought by
Raley Diana L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,100
Interest Rate
7.18%
Source: Public Records

Range of Values:

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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
Sutarwala Abdulqadir -- None Listed On Document
Raley Diana L $160,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sutarwala Abdulqadir $361,605
Previous Owner Raley Diana L $144,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2023 12/15/23 Off Market $401,786 -- --
05/24/2022 05/24/22 Sold $401,786 +8.6% $236 / Sq Ft
04/25/2022 04/25/22 Pending -- -- --
04/22/2022 04/22/22 For Sale $370,000 -- $218 / 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 $3,296 $375,636 $85,000 $290,636
2024 $3,282 $375,636 $85,000 $290,636
2023 $2,415 $219,755 $40,000 $179,755
2022 $2,245 $219,755 $40,000 $179,755
2021 $2,158 $219,755 $40,000 $179,755
2020 $2,119 $219,755 $40,000 $179,755
2019 $2,080 $177,754 $40,000 $137,754
2018 $1,962 $177,754 $40,000 $137,754
2017 $1,869 $177,754 $40,000 $137,754
2016 $1,831 $190,277 $40,000 $150,277
2015 $1,939 $185,328 $40,000 $145,328
2014 $1,840 $185,328 $40,000 $145,328
Source: Public Records

Agents Affiliated with this Home

  • Chimene Booty

    Seller's Agent in 2022

    Chimene Booty

    DEBTEAM

    (919) 335-8011

    1 in this area

    94 Total Sales

    Chimene Booty
    Section Image
  • Cindi Honeycutt

    Buyer's Agent in 2022

    Cindi Honeycutt

    Keller Williams Realty

    (919) 730-0777

    4 in this area

    161 Total Sales

    Cindi Honeycutt
    Section Image
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Map

Source: Doorify MLS

MLS Number: 2443674

Doorify MLS

APN: 1737.06-38-2043-000

North Carolina Wake County Raleigh 27616 Forestville

5501 Keowee Way, Raleigh, NC

This home is located at 5501 Keowee Way, Raleigh, NC 27616 since 21 April 2022 and is currently estimated at $380,690, approximately $224 per square foot. This property was built in 2000. 5501 Keowee Way is a home located in Wake County with nearby schools including Wildwood Forest Elementary, Wake Forest-Rolesville Middle School, and Wakefield High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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