NOT LISTED FOR SALE

5501 Old Forge Cir Raleigh, NC 27609

Estimated Value: $507,000 - $519,000

3 Beds
2 Baths
1,594 Sq Ft
$322/Sq Ft Est. Value

Last Sold June 24, 2024

Last sale price $500,000 $314 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $3,130/month

Highlights

  • Deck
  • Vaulted Ceiling
  • No HOA
  • Millbrook High School Rated A-
  • Wood Flooring
  • Fireplace

About This Home

As of June 2024

Imagine living in the heart of the action - 5501 Old Forge is the perfect destination. Nestled just north of Midtown's vibrant scene, this charming ranch home boasts a plethora of delightful surprises. As you step into the spacious foyer, you'll be drawn to the vaulted family room, where a brick fireplace and wainscotting create a warm ambiance. The kitchen, connected by a sturdy wood bar counter, features a large picture window above the sink, flooding the space with natural light. A swinging door leads to the dining room, followed by a classic living room, perfect for relaxation. The primary bathroom has been tastefully updated, complete with a walk-in closet. The large, fenced-in yard is a pet's paradise. And when it's time to entertain, the deck off the family room expands your living space, complete with a gas line feeding two grill stations, ensuring your guests are always well-fed and happy.

Last Agent to Sell the Property

Susan Dahlin Bashford

Hodge & Kittrell Sotheby's Int License #275305 Listed on: 05/23/2024

Hodge & Kittrell Sotheby's Int

Co-Listed By

Sarah Bashford

Hodge & Kittrell Sotheby's Int License #288050

Last Buyer's Agent

Anna Ball Hodge

Hodge & Kittrell Sotheby's Int License #258249

Hodge & Kittrell Sotheby's Int

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,374

Year Built

  • Built in 1972

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 48x62x97x37x49x173
  • Back Yard Fenced
  • Cleared Lot

Home Design

  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,594 Sq Ft Home
  • 1-Story Property
  • Bookcases
  • Smooth Ceilings
  • Vaulted Ceiling
  • Fireplace
  • Sliding Doors
  • Family Room
  • Living Room
  • Dining Room
  • Pull Down Stairs to Attic
  • Smart Locks
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bidet
  • Bathtub with Shower
  • Shower Only in Primary Bathroom

Parking

  • 2 Parking Spaces
  • Private Driveway

Outdoor Features

  • Deck
  • Porch

Schools

  • Millbrook Elementary School
  • East Millbrook Middle School
  • Millbrook High School

Utilities

  • Whole House Fan
  • Forced Air Heating and Cooling System
  • Natural Gas Connected

Community Details

  • No Home Owners Association
  • Falls Church Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1716482296

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,374

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Year Built: 1972
  • Prop. Type: Residential
  • Co List Office Mls Id: 3234
  • Co List Office Phone: 919-876-7411
  • Subdivision Name: Falls Church
  • Above Grade Finished Sq Ft: 1594.0
  • Architectural Style: Ranch
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • General Property Information Lot Size Dimensions: 48X62X97X37X49X173
  • General Property Information Basement YN: No
  • Appliances Microwave: Yes
  • Architectural Style Ranch: Yes
  • Attic Features Pull-Down Stairs: Yes
  • Cooling Central Air: Yes
  • Interior Features BathtubShower Combination: Yes
  • Laundry Features Laundry Room: Yes
  • Levels One: Yes
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • Flooring Carpet: Yes
  • Flooring Ceramic Tile: Yes
  • Flooring Hardwood: Yes
  • Interior Features Separate Shower: Yes
  • Interior Features Smooth Ceilings: Yes
  • Room Types Bedroom 2 Level: Main
  • Room Types Bedroom 3 Level: Main
  • Room Types Dining Room2: Yes
  • Room Types Family Room2: Yes
  • Room Types Primary Bedroom Level: Main
  • Appliances Refrigerators: Yes
  • Room Types Living Room2: Yes
  • Interior Features Shower Only: Yes
  • General Property Information Enhanced Accessible2: No
  • Roof:Shingle: Yes
  • Utilities Water Connected: Yes
  • General Property Information Above Grade Finished Area: 1594.0
  • Utilities Sewer Connected: Yes
  • Room Types Laundry2: Yes
  • Fencing Back Yard: Yes
  • Utilities Natural Gas Connected: Yes
  • General Property Information Lot Size Square Feet2: 11326.0
  • Cooling:Whole House Fan: Yes
  • General Property Information Lot Size Acres: 0.26
  • General Property Information Stories2: 1
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Interior Amenities: Bathtub/Shower Combination, Bidet, Bookcases, Eat-in Kitchen, Pantry, Separate Shower, Shower Only, Smooth Ceilings, Vaulted Ceiling(s), Walk-In Closet(s)
  • Appliances: Dishwasher, Disposal, Gas Range, Microwave, Refrigerator
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: Sliding Doors
  • Main Level Bathrooms: 2
  • Total Bedrooms: 7
  • Stories: 1
  • Appliances Dishwasher: Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Interior Features:Bookcases: Yes
  • Interior Features:Vaulted Ceiling(s): Yes
  • Appliances:Gas Range: Yes
  • Interior Features:Bidet: Yes

Exterior Features

  • Roof: Shingle
  • Exterior Features: Fenced Yard, Smart Lock(s)
  • Fencing: Back Yard
  • Acres: 0.26
  • Construction Type: Vinyl Siding
  • Foundation Details: Other
  • Patio And Porch Features: Deck, Porch
  • Patio and Porch Features:Porch: Yes
  • Construction Materials:Vinyl Siding: Yes
  • Patio And Porch Features:Deck2: Yes
  • Exterior Features:Fenced - Yard: Yes
  • Exterior Features:Smart Lock(s): Yes
  • Lot Features:Cleared: Yes
  • Door Features:Sliding Doors: Yes

Garage/Parking

  • Attached Garage: No
  • Open Parking: No
  • Parking Features: Concrete, Driveway
  • Total Parking Spaces: 2.0
  • Parking Features:Concrete4: Yes
  • Parking Features:Driveway: Yes
  • General Property Information:Parking Total: 2.0
  • General Property Information:Open Parking YN2: No

Utilities

  • Utilities: Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Fireplace(s), Forced Air
  • Cooling: Central Air, Whole House Fan
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Forced Air: Yes
  • Heating:Fireplace(s): Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Ninth Grade High School: Wake - Millbrook
  • Middle Or Junior School: Wake - East Millbrook

Lot Info

  • Lot Dimensions: 48X62X97X37X49X173
  • Lot Size Sq Ft: 11326.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 1716482296

Tax Info

  • Tax Annual Amount: 3374.0
  • Tax Year: 2023
  • Tax Map Number: 134

MLS Schools

  • Elementary School: Wake - Millbrook

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2024
Closed on
Jun 24, 2024
Sold by
Godwin Osgood Clark and Etheridge Kate Nicole
Bought by
Hill Alexandra Claire Norri and Hill Andrew Ford
Seller's Agent
Susan Dahlin Bashford
Hodge & Kittrell Sotheby's Int
Buyer's Agent
Anna Ball Hodge
Hodge & Kittrell Sotheby's Int
List Price
$485,000
Sold Price
$500,000
Premium/Discount to List
$15,000
3.09%
Views
6
Current Estimated Value
$512,689

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,689
Avg. Annual Appreciation
1.68%
Original Mortgage
$425,000
Outstanding Balance
$420,390
Interest Rate
7.09%
Mortgage Type
New Conventional
Estimated Equity
$89,341

Purchase Details

Closed on
Mar 9, 2021
Sold by
Barkhau David and Barkhau Danielle
Bought by
Godwin Osgood Clark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$286,400
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 13, 2016
Sold by
Lusk Elizabeth
Bought by
Barkhan David and Barkhan Danielle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,190
Interest Rate
3.58%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 9, 2001
Sold by
Burroughs Kevin D and Burroughs Heather J
Bought by
Lusk Elizabeth L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,600
Interest Rate
6.67%

Purchase Details

Closed on
Nov 4, 1998
Sold by
Clay Lori A
Bought by
Burroughs Kevin D and Burroughs Heather J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,200
Interest Rate
6.47%
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
Hill Alexandra Claire Norri $500,000 None Listed On Document
Godwin Osgood Clark $358,000 None Available
Barkhan David $227,000 None Available
Lusk Elizabeth L $152,000 --
Burroughs Kevin D $136,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hill Alexandra Claire Norri $425,000
Previous Owner Godwin Osgood Clark $286,400
Previous Owner Barkhan David $220,190
Previous Owner Lusk Elizabeth L $89,800
Previous Owner Lusk Elizabeth L $121,600
Previous Owner Burroughs Kevin D $15,614
Previous Owner Burroughs Kevin D $129,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/24/2024 06/24/24 Sold $500,000 +3.1% $314 / Sq Ft
05/23/2024 05/23/24 Pending -- -- --
05/23/2024 05/23/24 For Sale $485,000 -- $304 / 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 $4,047 $463,631 $200,000 $263,631
2023 $3,373 $307,620 $125,000 $182,620
2022 $3,135 $307,620 $125,000 $182,620
2021 $2,914 $307,620 $125,000 $182,620
2020 $2,861 $297,447 $125,000 $172,447
2019 $2,441 $208,888 $78,000 $130,888
2018 $2,302 $208,888 $78,000 $130,888
2017 $2,193 $208,888 $78,000 $130,888
2016 $2,148 $208,888 $78,000 $130,888
2015 -- $200,530 $68,000 $132,530
2014 -- $200,530 $68,000 $132,530
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 10031085

Doorify MLS

APN: 1716.06-48-2296-000