NOT LISTED FOR SALE

5556 Mill Dam Rd Wake Forest, NC 27587

Estimated Value: $484,000

4 Beds
3 Baths
2,700 Sq Ft
$179/Sq Ft Est. Value

Last Sold March 26, 2024

Last sale price $480,150 $178 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $2,990/month

21 Days on Market

Highlights

  • New Construction
  • Traditional Architecture
  • High Ceiling
  • Richland Creek Elementary School Rated A-
  • Main Floor Bedroom
  • Community Pool

About This Home

As of March 2024

The Winstead III is a popular two-story home with a first-floor guest suite in the rear of the home, a spacious pantry off the kitchen, & a large island that overlooks the dining space. The second floor features a large loft that connects to two bedrooms & the primary suite. The primary suite has an incredible bath with dual vanities & a large closet as well as a tray ceiling. Upcoming community amenities include pool, clubhouse, parks, playground, pickleball + cornhole courts, & paved trail. Est. Closing March '24.

Last Agent to Sell the Property

Rj Wiley

Lennar Carolinas LLC License #193899 Listed on: 10/26/2023

Co-Listed By

Ann Gowarty

Lennar Carolinas LLC License #251090

Last Buyer's Agent

Ron Ramanujam

BLISSFUL REALTY LLC License #332928

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,579

Year Built

  • Built in 2023 | New Construction

Lot Details

  • 6,098

HOA Fees

  • $75 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Traditional Architecture
  • Brick or Stone Mason
  • Slab Foundation
  • Stone

Interior Spaces

  • 2,700 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Insulated Windows
  • Family Room
  • Breakfast Room
  • Laundry on upper level

Kitchen

  • Gas Cooktop
  • Range Hood
  • Microwave

Flooring

  • Carpet
  • Tile
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • 3 Full Bathrooms
  • Separate Shower in Primary Bathroom

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
  • High Speed Internet

Additional Features

  • Porch
  • 6,098 Sq Ft Lot

Community Details

Overview

  • Charleston Association
  • Built by Lennar Homes
  • Rosedale Subdivision, Winstead III Floorplan

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,579

Year Built

Built in 2023 | New Construction

Lot Details

0

HOA Fees

$75 per month

Parking

2

Listing Details

  • Builder Name: Lennar Homes
  • Builder Model: Winstead III
  • Year Built: 2023
  • Prop. Type: Residential
  • Co List Office Phone: 919-337-9420
  • Subdivision Name: Rosedale
  • Above Grade Finished Sq Ft: 2700.0
  • Architectural Style: Traditional
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: Yes
  • Contract Information Ownership Type: Other
  • General Property Information Lot Size Dimensions: See plat
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: No
  • Appliances Microwave: Yes
  • Cooling Central Air: Yes
  • Flooring Luxury Vinyl: Yes
  • Flooring Tile: Yes
  • Foundation Details Slab: 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
  • Levels Two: Yes
  • Property Condition Framed: No
  • Room Types Bedroom 2 Level: M
  • Room Types Bedroom 3 Level: 2
  • Room Types Bedroom 4 Level: 2
  • Room Types Family Room2: Yes
  • Architectural Style Traditional: Yes
  • Room Types Primary Bedroom Level: 2
  • Laundry Features Upper Level: Yes
  • Room Types Breakfast Room: Yes
  • General Property Information Above Grade Finished Area: 2700.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 6098.4
  • General Property Information Lot Size Acres: 0.14
  • General Property Information Builder Name: Lennar Homes
  • General Property Information Builder Model: Winstead III
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Luxury Vinyl, Tile
  • Interior Amenities: High Ceilings, High Speed Internet, Separate Shower, Walk-In Closet(s)
  • Appliances: Gas Cooktop, Gas Water Heater, Microwave, Range Hood, Tankless Water Heater
  • Basement YN: No
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Appliances:Gas Cooktop: Yes
  • Appliances:Range Hood: Yes
  • Appliances:Tankless Water Heater: Yes
  • Community Features:Pool2: Yes
  • Interior Features:High Ceilings: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Community Features:Street Lights: Yes
  • Appliances:Gas Water Heater: Yes
  • Interior Features:High Speed Internet: Yes

Exterior Features

  • Acres: 0.14
  • Construction Type: Fiber Cement, Stone
  • Foundation Details: Slab
  • Patio And Porch Features: Porch
  • Construction Materials:Fiber Cement: Yes
  • Patio and Porch Features:Porch: Yes
  • Construction Materials:Stone: Yes
  • Window Features:Insulated Windows: Yes

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Community Features: Pool, Street Lights
  • Association Fee: 75.0
  • Association Fee Frequency: Monthly
  • Association Name: Charleston
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: Charleston
  • Association Amenities:Pool: Yes
  • 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 plat
  • Lot Size Sq Ft: 6098.4
  • ResoLotSizeUnits: Acres

MLS Schools

  • Elementary School: Wake - Richland Creek

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 26, 2023
Closed on
Mar 26, 2024
Sold by
Lennar Carolinas Llc
Bought by
Guthi Naga Venkata and Naga Phani Ramya
Seller's Agent
Rj Wiley
Lennar Carolinas LLC
Buyer's Agent
Ron Ramanujam
BLISSFUL REALTY LLC
List Price
$480,150
Sold Price
$480,150
Views
15
Current Estimated Value
$484,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,850
Avg. Annual Appreciation
0.50%
Original Mortgage
$430,150
Outstanding Balance
$421,065
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$62,935
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
Guthi Naga Venkata $480,500 None Listed On Document
Guthi Naga Venkata $480,500 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Guthi Naga Venkata $430,150
Closed Guthi Naga Venkata $430,150
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/26/2024 03/26/24 Sold $480,150 0.0% $178 / Sq Ft
12/16/2023 12/16/23 Off Market $480,150 -- --
11/16/2023 11/16/23 Pending -- -- --
10/26/2023 10/26/23 For Sale $480,150 -- $178 / 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 $4,579 $473,556 $90,000 $383,556
2024 $1,972 $211,300 $90,000 $121,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2539210

Doorify MLS

APN: 1860.01-18-7682-000