5516 Colonial Oaks Dr Apex, NC 27539
Middle Creek Neighborhood
4
Beds
4
Baths
3,429
Sq Ft
0.61
Acres
Highlights
- 0.61 Acre Lot
- Deck
- Wood Flooring
- Holly Springs Elementary School Rated A
- Transitional Architecture
- Attic
About This Home
As of August 2023Welcome home to this well maintained 4 Bed, 2 full and 2 1/2 bath, beautiful home on large lot (.61 acre lot)! Great location close to both Apex and Holly Springs. Freshly painted rooms, hardwood floors throughout 1st and 2nd floors (no carpet in bedrooms), huge open foyer, bright and cheery sunroom with entrance to the large deck, separate dining room, separate office on main floor, open kitchen/family room. Primary suite has lovely sitting area for looking over the flat and manicured backyard. Primary bath has oversized shower, and spacious tub for relaxing! 3rd floor boasts large bonus room with 1/2 bath! Large flat lot is perfect for entertaining and playing outdoor games or relax in privacy with the fenced-in yard. Great storage! Walk in closet in primary. Plantation shutters!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,106
Year Built
- Built in 2003
Lot Details
- 0.61 Acre Lot
- Lot Dimensions are 151x206x115x206
- Fenced Yard
- Landscaped
- Open Lot
HOA Fees
- $29 Monthly HOA Fees
Parking
- 2 Car Garage
Home Design
- Transitional Architecture
- Traditional Architecture
- Brick or Stone Mason
- Vinyl Siding
- Stone
Interior Spaces
- 3,429 Sq Ft Home
- 3-Story Property
- Bookcases
- Ceiling Fan
- Gas Log Fireplace
- Blinds
- Entrance Foyer
- Family Room with Fireplace
- Breakfast Room
- Dining Room
- Home Office
- Bonus Room
- Sun or Florida Room
- Utility Room
- Laundry on main level
- Crawl Space
- Home Security System
- Attic
Kitchen
- Eat-In Kitchen
- Gas Cooktop
- Microwave
- Dishwasher
Flooring
- Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- Walk-In Closet
- Separate Shower in Primary Bathroom
- Soaking Tub
Outdoor Features
- Deck
- Patio
- Rain Gutters
Schools
- Holly Springs Elementary School
- Holly Ridge Middle School
- Apex Friendship High School
Utilities
- Cooling Available
- Zoned Heating
- Heating System Uses Natural Gas
- Gas Water Heater
- Septic Tank
Community Details
- Fair Oaks Subdivision
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 16, 2023
Closed on
Jul 27, 2023
Sold by
Regan David J and Regan Julie A
Bought by
Scarfone Joseph M and Scarlone Jennifer L
Seller's Agent
Debra Ferris
RE/MAX United
Buyer's Agent
Edna Sexton
Pinnacle Group Realty
List Price
$695,000
Sold Price
$687,000
Premium/Discount to List
-$8,000
-1.15%
Views
231
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.88%
Original Mortgage
$447,000
Outstanding Balance
$436,585
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
$322,318
Purchase Details
Closed on
Jul 17, 2009
Sold by
Layne Joseph and Layne Julie
Bought by
Regan David J and Regan Julie A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
4.78%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 2, 2008
Sold by
Layne Joseph
Bought by
Layne Joseph and Layne Julie S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,000
Interest Rate
5.59%
Mortgage Type
Unknown
Purchase Details
Closed on
Apr 15, 2004
Sold by
Centex Homes
Bought by
Layne Joseph
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,378
Interest Rate
5.54%
Mortgage Type
Purchase Money Mortgage
Similar Homes in Apex, NC
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $687,000 | Grantee Title | |
| Warranty Deed | $375,000 | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Warranty Deed | $311,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $447,000 | New Conventional | |
| Previous Owner | $179,000 | New Conventional | |
| Previous Owner | $200,000 | New Conventional | |
| Previous Owner | $276,000 | Unknown | |
| Previous Owner | $290,000 | Unknown | |
| Previous Owner | $75,000 | Credit Line Revolving | |
| Previous Owner | $284,378 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/02/2025 09/02/25 | For Sale | $759,900 | +10.6% | $221 / Sq Ft |
| 12/18/2023 12/18/23 | Off Market | $687,000 | -- | -- |
| 08/01/2023 08/01/23 | Sold | $687,000 | -1.2% | $200 / Sq Ft |
| 07/04/2023 07/04/23 | Pending | -- | -- | -- |
| 06/16/2023 06/16/23 | For Sale | $695,000 | -- | $203 / Sq Ft |
Source: Doorify MLS
Tax History Compared to Growth
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 | $4,003 | $641,433 | $150,000 | $491,433 |
| 2023 | $3,352 | $427,328 | $56,250 | $371,078 |
| 2022 | $3,106 | $427,328 | $56,250 | $371,078 |
| 2021 | $3,023 | $427,328 | $56,250 | $371,078 |
| 2020 | $3,093 | $444,764 | $75,000 | $369,764 |
| 2019 | $3,227 | $392,730 | $64,000 | $328,730 |
| 2018 | $2,967 | $392,730 | $64,000 | $328,730 |
| 2017 | $2,812 | $392,730 | $64,000 | $328,730 |
| 2016 | $2,755 | $392,730 | $64,000 | $328,730 |
| 2015 | $2,781 | $397,561 | $70,000 | $327,561 |
| 2014 | -- | $397,561 | $70,000 | $327,561 |
Source: Public Records
Agents Affiliated with this Home
-
Edna Sexton
Seller's Agent in 2025
Edna Sexton
Pinnacle Group Realty
(919) 616-1504
7 in this area
44 Total Sales
-
Debra Ferris
Seller's Agent in 2023
Debra Ferris
RE/MAX United
(919) 316-9217
5 in this area
57 Total Sales
Map
Source: Doorify MLS
MLS Number: 2516863
APN: 0750.03-42-9478-000
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