NOT LISTED FOR SALE

5548 Mill Dam Rd Wake Forest, NC 27587

Estimated Value: $480,000

4 Beds
3 Baths
2,635 Sq Ft
$182/Sq Ft Est. Value

Last Sold April 22, 2024

Last sale price $474,855 $180 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $2,966/month

7 Days on Market

Highlights

  • New Construction
  • Traditional Architecture
  • Main Floor Bedroom
  • Richland Creek Elementary School Rated A-
  • Wood Flooring
  • Loft

About This Home

As of April 2024

The Somerset III features a two-story foyer with a first-floor guest suite at the front of the home. The open concept floorplan is spacious & accommodating with a large kitchen island in the kitchen. The second floor features a large loft space & spacious laundry room. The primary suite features multiple windows for natural light, a trey ceiling, & a large vanity with two sinks in the owner’s bathroom. Upcoming community amenities include pool, clubhouse, parks, playground, pickleball + cornhole courts, & paved trail. Est. April '24 home completion.

Last Agent to Sell the Property

Rj Wiley

Lennar Carolinas LLC License #193899 Listed on: 11/22/2023

Co-Listed By

Ann Gowarty

Lennar Carolinas LLC License #251090

Last Buyer's Agent

Taylor Zundel

EXP Realty LLC License #324822

EXP Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,490

Year Built

  • Built in 2024 | New Construction

Lot Details

  • 6,534 Sq Ft Lot
  • Landscaped

HOA Fees

  • $75 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Brick or Stone Mason
  • Slab Foundation
  • Architectural Shingle Roof
  • Stone

Interior Spaces

  • 2,635 Sq Ft Home
  • 2-Story Property
  • Tray Ceiling
  • Smooth Ceilings
  • High Ceiling
  • Entrance Foyer
  • Great Room
  • Family Room
  • Dining Room
  • Loft
  • Pull Down Stairs to Attic

Kitchen

  • Built-In Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Dishwasher
  • Quartz Countertops

Flooring

  • Wood
  • Carpet
  • Tile
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • 3 Full Bathrooms
  • Double Vanity
  • Private Water Closet
  • Separate Shower in Primary Bathroom
  • Soaking Tub
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on upper level

Parking

  • 2 Car Garage
  • Garage Door Opener
  • Private Driveway

Eco-Friendly Details

  • Energy-Efficient Lighting

Outdoor Features

  • Patio
  • Porch

Schools

  • Richland Creek Elementary School
  • Wake Forest Middle School
  • Wake Forest High School

Utilities

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

Community Details

  • Charleston Management Association, Phone Number (919) 847-3003
  • Built by Lennar
  • Rosedale Subdivision, Somerset Floorplan

Listing and Financial Details

  • Home warranty included in the sale of the property

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,490

Year Built

Built in 2024 | New Construction

Lot Details

0

HOA Fees

$75 per month

Listing Details

  • Builder Name: Lennar
  • Builder Model: Somerset
  • Year Built: 2024
  • Prop. Type: Residential
  • Reso Association Fee Includes: None
  • Co List Office Phone: 919-337-9420
  • Subdivision Name: Rosedale
  • Above Grade Finished Sq Ft: 2635.0
  • Architectural Style: Traditional
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: Yes
  • Efficiency: Lighting
  • Effective Year Built: 2024
  • General Property Information Lot Size Dimensions: see plot plan
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: No
  • Appliances Microwave: Yes
  • Wall Oven: Yes
  • Attic Features Pull-Down Stairs: Yes
  • Cooling Central Air: Yes
  • Flooring Luxury Vinyl: Yes
  • Flooring Tile: Yes
  • Foundation Details Slab: Yes
  • Interior Features BathtubShower Combination: Yes
  • Interior Features Water Closet: Yes
  • Laundry Features Laundry Room: Yes
  • Sewer:Public Sewer: Yes
  • Structure Type Site Built: Yes
  • Water Source Public: Yes
  • Contract Information Estimated Completion Date: 2024-04-01
  • Cooling Zoned: Yes
  • Flooring Carpet: Yes
  • Interior Features Separate Shower: Yes
  • Interior Features Smooth Ceilings: Yes
  • Levels Two: Yes
  • Property Condition Framed: No
  • Room Types Bedroom 2 Level: Second
  • Room Types Bedroom 3 Level: Second
  • Room Types Bedroom 4 Level: Main
  • Room Types Dining Room2: Yes
  • Room Types Family Room2: Yes
  • Architectural Style Traditional: Yes
  • Room Types Primary Bedroom Level: Second
  • Laundry Features Upper Level: Yes
  • Room Types Great Room2: Yes
  • Room Types Loft: Yes
  • Flooring Wood: Yes
  • General Property Information Association Phone: 9198473003
  • General Property Information Enhanced Accessible2: No
  • General Property Information Monthly Association Fees2: 75.0
  • General Property Information Above Grade Finished Area: 2635.0
  • General Property Information Carport YN: No
  • Roof Architectural Shingle: Yes
  • General Property Information Lot Size Square Feet2: 6534.0
  • General Property Information Lot Size Acres: 0.15
  • General Property Information Builder Name: Lennar
  • General Property Information Builder Model: Somerset
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Year Renovated: 2024

Interior Features

  • Flooring: Carpet, Combination, Luxury Vinyl, Tile, Wood
  • Interior Amenities: Bathtub/Shower Combination, Double Vanity, Entrance Foyer, High Ceilings, Pantry, Quartz Counters, Separate Shower, Smooth Ceilings, Soaking Tub, Tray Ceiling(s), Walk-In Closet(s), Walk-In Shower, Water Closet
  • Appliances: Dishwasher, Gas Cooktop, Gas Water Heater, Microwave, Range Hood, Tankless Water Heater, Wall Oven
  • Basement YN: No
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Appliances Dishwasher: Yes
  • Appliances:Gas Cooktop: Yes
  • Appliances:Range Hood: Yes
  • Appliances:Tankless Water Heater: Yes
  • Interior Features:Double Vanity: Yes
  • Interior Features:Entrance Foyer: Yes
  • Interior Features:High Ceilings: Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Walk-In Shower: Yes
  • Interior Features:Quartz Counters: Yes
  • Interior Features:Tray Ceiling(s): Yes
  • Appliances:Gas Water Heater: Yes
  • Interior Features:Soaking Tub: Yes

Exterior Features

  • Roof: Architectural Shingle
  • Acres: 0.15
  • Home Warranty: Yes
  • Construction Type: Fiber Cement, Stone
  • Foundation Details: Slab
  • Patio And Porch Features: Patio, Porch
  • Construction Materials:Fiber Cement: Yes
  • Lot Features:Landscaped: Yes
  • Patio and Porch Features:Porch: Yes
  • Construction Materials:Stone: Yes
  • Patio And Porch Features:Patio: Yes

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association Fee: 75.0
  • Association Fee Frequency: Monthly
  • Association Name: Charleston Management
  • Phone: 919-847-3003
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: Charleston Management
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 75.0
  • General Property Information:Association Fee Frequency: Monthly

Schools

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

Lot Info

  • Lot Dimensions: see plot plan
  • Lot Size Sq Ft: 6534.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 000

Green Features

  • Green Energy Efficient:Lighting2: Yes

Tax Info

  • Tax Year: 2024

MLS Schools

  • Elementary School: Wake - Richland Creek

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 22, 2023
Closed on
Apr 22, 2024
Sold by
Lennar Carolinas Llc
Bought by
Nagy Sharyn and Nagy Kyle David
Seller's Agent
Rj Wiley
Lennar Carolinas LLC
Buyer's Agent
Taylor Zundel
EXP Realty LLC
List Price
$459,855
Sold Price
$474,855
Premium/Discount to List
$15,000
3.26%
Views
5
Current Estimated Value
$480,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,145
Avg. Annual Appreciation
0.71%
Original Mortgage
$451,112
Outstanding Balance
$441,667
Interest Rate
5.38%
Mortgage Type
New Conventional
Estimated Equity
$38,333
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
Nagy Sharyn $475,000 None Listed On Document
Nagy Sharyn $475,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nagy Sharyn $451,112
Closed Nagy Sharyn $451,112
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/22/2024 04/22/24 Sold $474,855 +3.3% $180 / Sq Ft
11/28/2023 11/28/23 Pending -- -- --
11/21/2023 11/21/23 For Sale $459,855 -- $175 / 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 $4,490 $464,117 $90,000 $374,117
2024 $1,626 $174,200 $90,000 $84,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2543123

Doorify MLS

APN: 1860.01-18-7619-000