NOT LISTED FOR SALE

5520 Connection Place Unit 1214 Raleigh, NC 27616

Forestville Neighborhood

Estimated Value: $564,835 - $649,000

5 Beds
4 Baths
3,559 Sq Ft
$168/Sq Ft Est. Value

Last Sold March 14, 2023

Last sale price $615,000 $173 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $3,678/month

19 Days on Market

Highlights

  • Clubhouse
  • Main Floor Bedroom
  • Bonus Room
  • Traditional Architecture
  • 1 Fireplace
  • 5-minute walk to River Bend Park

About This Home

As of March 2023

Welcome to your Dream Home! This outstanding floorplan has everything you have been looking for and it's conveniently located in a desirable and upscale community! Beautiful transitional concept with lots of upgrades that include a fireplace, gourmet kitchen, quartz countertop, grey cabinets, LVP flooring, tile in all bathrooms, a guest suite with full bathroom and a study with French doors on the Main Floor. Spacious screened porch, ideal to entertain and enjoy the privacy of the wooded backyard. This amazing home comes with two owner's suites plus three spacious bedrooms on the second floor. Main owner's suite bathroom comes with a walking shower and a garden bathtub, his and hers walking closet are definitely a plus! 5401 Community also features a commercial space, community farm, pool, clubhouse, playground, gym, dog park, a greenway trail & HOA cuts grass!

Last Agent to Sell the Property

Adriana Leguizamon Kunzle

Movil Realty License #298161 Listed on: 01/26/2023

Last Buyer's Agent

Libby Azzarello

Choice Residential Real Estate License #301308

Choice Residential Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,172

Year Built

  • Built in 2020

Lot Details

  • 7,841 Sq Ft Lot

HOA Fees

  • $100 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Traditional Architecture
  • Brick or Stone Mason
  • Stone

Interior Spaces

  • 3,559 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Living Room
  • Breakfast Room
  • Dining Room
  • Home Office
  • Bonus Room
  • Screened Porch
  • Utility Room

Flooring

  • Carpet
  • Tile
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • 4 Full Bathrooms

Schools

  • River Bend Elementary And Middle School
  • Rolesville High School

Utilities

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

Community Details

Overview

  • Association fees include ground maintenance
  • Elite Management Association
  • 5401 North Subdivision

Amenities

  • Clubhouse

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,172

Year Built

Built in 2020

Lot Details

0

HOA Fees

$100 per month

Parking

2

Listing Details

  • Year Built: 2020
  • Prop. Type: Residential
  • Reso Association Fee Includes: Maintenance Grounds
  • Subdivision Name: 5401 North
  • Above Grade Finished Sq Ft: 3559.0
  • Architectural Style: Traditional
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Contract Information Ownership Type: Other
  • General Property Information Lot Size Dimensions: see recorded plat map
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: Yes
  • Cooling Central Air: Yes
  • Flooring Luxury Vinyl: Yes
  • Flooring Tile: Yes
  • Structure Type Site Built: Yes
  • Cooling Zoned: Yes
  • Flooring Carpet: Yes
  • Levels Two: Yes
  • Room Types Bedroom 2 Level: 2
  • Room Types Bedroom 3 Level: 2
  • Room Types Bedroom 4 Level: 2
  • Room Types Bonus Room: Yes
  • Room Types Dining Room2: Yes
  • Architectural Style Traditional: Yes
  • Room Types Office: Yes
  • Room Types Primary Bedroom Level: 2
  • Room Types Bedroom 5 Level: M
  • Room Types Utility Room: Yes
  • Room Types Living Room2: Yes
  • Room Types Breakfast Room: Yes
  • General Property Information Above Grade Finished Area: 3559.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 7840.8
  • General Property Information Lot Size Acres: 0.18
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Luxury Vinyl, Tile
  • Appliances: Gas Water Heater
  • Basement YN: No
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Fireplaces: 1
  • Total Bedrooms: 17
  • Appliances:Gas Water Heater: Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Acres: 0.18
  • Construction Type: Fiber Cement, Stone
  • Patio And Porch Features: Porch, Screened
  • Construction Materials:Fiber Cement: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Screened: Yes
  • Construction Materials:Stone: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Garage
  • Parking Features:Garage: Yes
  • General Property Information:Garage Spaces: 2.0

Utilities

  • Heating: Natural Gas, Zoned
  • Cooling: Central Air, Zoned
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Natural Gas: Yes
  • Heating:Zoned2: Yes

Condo/Co-op/Association

  • Association Fee: 99.75
  • Association Fee Frequency: Monthly
  • Association Name: Elite Management
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: Elite Management
  • Association Amenities:Pool: Yes
  • Association Fee Includes:Maintenance Grounds2: Yes
  • Association Amenities:Clubhouse: Yes
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 99.75
  • General Property Information:Association Fee Frequency: Monthly

Schools

  • Ninth Grade High School: Wake - Rolesville
  • Middle Or Junior School: Wake - River Bend

Lot Info

  • Lot Dimensions: see recorded plat map
  • Lot Size Sq Ft: 7840.8
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4172.0
  • Tax Year: 2022

MLS Schools

  • Elementary School: Wake - River Bend

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 26, 2023
Closed on
Mar 10, 2023
Sold by
Sadek Stephania
Bought by
Merten Sarah Bailey and Yoslov Abraham Seth
Seller's Agent
Adriana Leguizamon Kunzle
Movil Realty
Buyer's Agent
Libby Azzarello
Choice Residential Real Estate
List Price
$620,000
Sold Price
$615,000
Premium/Discount to List
-$5,000
-0.81%
Views
72
Current Estimated Value
$598,459

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$16,541
Avg. Annual Appreciation
-1.06%
Original Mortgage
$553,500
Outstanding Balance
$531,541
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$66,918

Purchase Details

Closed on
Apr 30, 2020
Sold by
Lennar Carolinas Llc
Bought by
Sadek Joseph and Sadek Stephania
Source: Public Records

Range of Values:

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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
Merten Sarah Bailey $615,000 --
Sadek Joseph $470,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Merten Sarah Bailey $553,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/15/2023 12/15/23 Off Market $615,000 -- --
03/14/2023 03/14/23 Sold $615,000 0.0% $173 / Sq Ft
02/13/2023 02/13/23 Pending -- -- --
02/06/2023 02/06/23 Price Changed $615,000 -0.8% $173 / Sq Ft
01/25/2023 01/25/23 For Sale $620,000 -- $174 / 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 $4,710 $537,811 $55,250 $482,561
2024 $4,691 $537,811 $55,250 $482,561
2023 $4,491 $410,170 $52,000 $358,170
2022 $4,173 $410,170 $52,000 $358,170
2021 $4,011 $410,170 $52,000 $358,170
2020 $1,092 $114,300 $52,000 $62,300
2019 $603 $52,000 $52,000 $0
2018 $568 $52,000 $52,000 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2023

    Adriana Leguizamon Kunzle

    Movil Realty

    Section Image

  • L

    Buyer's Agent in 2023

    Libby Azzarello

    Choice Residential Real Estate

    (919) 455-6228

    2 in this area

    40 Total Sales

    Libby Azzarello
    Section Image
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Map

Source: Doorify MLS

MLS Number: 2492091

Doorify MLS

APN: 1736.02-87-9935-000

North Carolina Wake County Raleigh 27616 Forestville

5520 Connection Place Unit 1214, Raleigh, NC

This home is located at 5520 Connection Place Unit 1214, Raleigh, NC 27616 since 26 January 2023 and is currently estimated at $598,459, approximately $168 per square foot. This property was built in 2020. 5520 Connection Place Unit 1214 is a home located in Wake County with nearby schools including River Bend Elementary, River Bend Middle, and Rolesville 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.

Doorify MLS Some IDX listings have been excluded from this IDX display. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. Listings marked with an icon are provided courtesy of the Doorify MLS, Inc. of North Carolina, Internet Data Exchange Database. Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property. Copyright 2025 Doorify MLS, Inc. of North Carolina. All rights reserved.

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