NOT LISTED FOR SALE

5505 Cedar Mill Dr Raleigh, NC 27606

Crossroads Neighborhood

Estimated Value: $488,110 - $536,000

2 Beds
3.5 Baths
2,124 Sq Ft
$245/Sq Ft Est. Value

Last Sold May 17, 2021

Last sale price $445,311 $210 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $3,231/month

4 Days on Market

Highlights

  • New Construction
  • Farmhouse Style Home
  • Zoned Heating and Cooling
  • Wood Flooring
  • Cooling System Powered By Gas
  • Landscaped

About This Home

As of May 2021

MOVE IN READY - This Residence 1 with DUAL OWNER'S SUITE is conveniently located Inside the Beltline and crafted with style in mind. Waterside offers aselection of 3 home designs to choose from with only 23 opportunities to purchase. These modern, spacious townhomes feature a sleek,black and white front facade with Lake Johnson just steps from the front door.

Last Agent to Sell the Property

Shontavia Lee

Tri Pointe Homes Inc License #268692 Listed on: 03/12/2021

Last Buyer's Agent

Shontavia Lee

Meritage Homes of the Carolina

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 2020 | New Construction

Lot Details

  • 1,873 Sq Ft Lot
  • Landscaped

HOA Fees

  • $169 Monthly HOA Fees

Parking

  • 2 Car Garage
  • 2 Carport Spaces
  • Front Facing Garage
  • Private Driveway

Home Design

  • Farmhouse Style Home
  • Frame Construction

Interior Spaces

  • 2,124 Sq Ft Home
  • 3-Story Property
  • Family Room with Fireplace

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms

Schools

  • Dillard Elementary And Middle School
  • Athens Dr High School

Utilities

  • Cooling System Powered By Gas
  • Zoned Heating and Cooling
  • Heating System Uses Gas
  • Heating System Uses Natural Gas
  • Electric Water Heater

Community Details

  • Association fees include ground maintenance, maintenance structure, storm water maintenance
  • 4 Units
  • Charleston Management Association, Phone Number (919) 847-3003
  • Built by TriPointe Homes Holdings
  • Waterside Subdivision, Residence 1 Floorplan

Townhouse Details

Home Type

Townhome

Year Built

Built in 2020 | New Construction

Lot Details

0

HOA Fees

$169 per month

Parking

2

Listing Details

  • Builder Name: TriPointe Homes Holdings
  • Builder Model: Residence 1
  • Year Built: 2020
  • Prop. Type: Residential
  • Reso Association Fee Includes: Maintenance Grounds, Maintenance Structure, Storm Water Maintenance
  • Subdivision Name: Waterside
  • Above Grade Finished Sq Ft: 2124.0
  • Architectural Style: Farmhouse
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Three Or More
  • New Construction: Yes
  • Contract Information Ownership Type: Townhouse
  • General Property Information Lot Size Dimensions: See Preliminary Plot Plan
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Association Fee 2 Required YN: No
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: Yes
  • Flooring Tile: Yes
  • Sewer:Public Sewer: Yes
  • Structure Type Site Built: Yes
  • Water Source Public: Yes
  • Contract Information Estimated Completion Date: 2021-02-01
  • Architectural Style Farm House: Yes
  • Cooling Zoned: Yes
  • Flooring Carpet: Yes
  • Flooring Hardwood: Yes
  • Property Condition Framed: Yes
  • General Property Information Association Phone: 919.847.3003
  • Levels Three Or More: Yes
  • General Property Information Association Name 2: NA
  • Heating Gas Pack2: Yes
  • General Property Information Above Grade Finished Area: 2124.0
  • General Property Information Carport YN: No
  • General Property Information Carport Spaces2: 2.0
  • General Property Information Lot Size Square Feet2: 1873.08
  • General Property Information Lot Size Acres: 0.043
  • General Property Information:Living Area3: 2124.0
  • General Property Information Builder Name: TriPointe Homes Holdings
  • General Property Information Builder Model: Residence 1
  • Special Features: NewHome
  • Property Sub Type: Townhouses

Interior Features

  • Flooring: Carpet, Hardwood, Tile
  • Appliances: Electric Water Heater
  • Basement YN: No
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Family Room
  • Fireplaces: 1
  • Community Features:Street Lights: Yes
  • Fireplace Features:Family Room: Yes
  • Appliances:Electric Water Heater: Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Acres: 0.04
  • Construction Type: Fiber Cement
  • Construction Materials:Fiber Cement: Yes
  • Lot Features:Landscaped: Yes
  • Lot Features:Open Lot: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Carport, Concrete, Driveway, Garage, Garage Faces Front
  • Parking Features:Garage: Yes
  • Parking Features:Concrete4: Yes
  • Parking Features:Driveway: Yes
  • Parking Features:Garage Faces Front: Yes
  • Parking Features:Carport: Yes
  • General Property Information:Garage Spaces: 2.0

Utilities

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

Condo/Co-op/Association

  • Community Features: Street Lights
  • Association Fee: 169.0
  • Association Fee Frequency: Monthly
  • Association: NA
  • Association Name: Charleston Management
  • Phone: 919-847-3003
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: Charleston Management
  • Association Fee Includes:Maintenance Grounds2: Yes
  • Association Fee Includes:Maintenance Structure2: Yes
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 169.0
  • General Property Information:Association Fee Frequency: Monthly

Schools

  • Ninth Grade High School: Wake - Athens Dr
  • Middle Or Junior School: Wake - Dillard

Lot Info

  • Lot Dimensions: See Preliminary Plot Plan
  • Lot Size Sq Ft: 1873.08
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 4

MLS Schools

  • Elementary School: Wake - Dillard

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 12, 2021
Closed on
May 10, 2021
Sold by
Tri Pointe Homes Holdings Inc
Bought by
Polloni Alberto A
Seller's Agent
Shontavia Lee
Tri Pointe Homes Inc
Buyer's Agent
Shontavia Lee
Tri Pointe Homes Inc
List Price
$441,581
Sold Price
$445,311
Premium/Discount to List
$3,730
0.84%
Current Estimated Value
$521,278

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$75,967
Avg. Annual Appreciation
3.43%
Original Mortgage
$323,983
Outstanding Balance
$242,028
Interest Rate
2.4%
Mortgage Type
New Conventional
Estimated Equity
$279,250
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Polloni Alberto A $445,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Polloni Alberto A $323,983
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/15/2023 12/15/23 Off Market $445,311 -- --
05/17/2021 05/17/21 Sold $445,311 +0.8% $210 / Sq Ft
03/16/2021 03/16/21 Pending -- -- --
03/12/2021 03/12/21 For Sale $441,581 -- $208 / 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 $4,048 $461,871 $85,000 $376,871
2024 $4,031 $461,871 $85,000 $376,871
Source: Public Records

Agents Affiliated with this Home

  • Shontavia Lee

    Seller's Agent in 2021

    Shontavia Lee

    Tri Pointe Homes Inc

    (919) 353-8457

    23 in this area

    148 Total Sales

    Shontavia Lee
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Map

Source: Doorify MLS

MLS Number: 2371718

Doorify MLS

APN: 0783.13-14-8190-000

North Carolina Wake County Raleigh 27606 Crossroads

5505 Cedar Mill Dr, Raleigh, NC

Not Listed for Sale

Townhouses

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