NOT LISTED FOR SALE

5681 Timber Trace Way Oak Ridge, NC 27310

Estimated Value: $1,139,633 - $1,228,000

4 Beds
4.5 Baths
4,800 Sq Ft
$250/Sq Ft Est. Value

Last Sold June 22, 2022

Last sale price $1,080,000 $225 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $6,778/month

46 Days on Market

Highlights

  • New Construction
  • Great Room with Fireplace
  • Transitional Architecture
  • Oak Ridge Elementary School Rated A-
  • Freestanding Bathtub
  • Wood Flooring

About This Home

As of June 2022

Another architectually significant home by Friddle and Company, known for their style and quality. Committed to delivering practical luxury, while being delightfully different. Celing & moldings are classically elegant, the open floor plan features an oversized center island. A day office off the entry. The 2nd BR on main also flexes as an office with adjoining full bath. The back staircase leads to 2 oversized ensuite bedrooms both with vaulted ceilings plus two large flex rooms. A bonus on one end with a large closet that could serve as the 4th bedroom. There also is a raised vaulted rec room on the back side of the house which is a perfect theatre room, excercise room or second bonus area. Outdoor living is easily accessible & features a fireplace on the screened porch & a grilling deck. The spacious primary suite will not disappoint & has direct access to the laundry. The crawl space is sealed for extra protection. All this on just under an acre cul de sac homesite .

Last Agent to Sell the Property

Nancy Hess

Berkshire Hathaway HomeServices Yost & Little Realty License #145797 Listed on: 01/28/2022

Berkshire Hathaway HomeServices Yost & Little Realty

Co-Listed By

Jake Letterman

Berkshire Hathaway HomeServices Yost & Little Realty License #286870

Last Buyer's Agent

Tiffany Lattero

United Properties of NC License #302554

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $695

Year Built

  • Built in 2022 | New Construction

Lot Details

  • 0.95 Acre Lot
  • Cul-De-Sac
  • Sprinkler System
  • Property is zoned RS40

Parking

  • 3 Car Attached Garage
  • Side Facing Garage
  • Driveway

Home Design

  • Transitional Architecture
  • Brick Exterior Construction

Interior Spaces

  • 4,487 Sq Ft Home
  • 4,000-4,800 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan
  • Great Room with Fireplace
  • 2 Fireplaces
  • Walk-In Attic
  • Dryer Hookup

Kitchen

  • Double Oven
  • Gas Cooktop
  • Dishwasher
  • Kitchen Island
  • Solid Surface Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Freestanding Bathtub
  • Separate Shower

Outdoor Features

  • Outdoor Fireplace
  • Porch

Schools

  • Northwest Guilford Middle School
  • Northwest High School

Utilities

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

Community Details

  • Property has a Home Owners Association
  • Wolf Ridge Subdivision

Listing and Financial Details

  • Legal Lot and Block 1966 / 75
  • Assessor Parcel Number 1055165
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$695

Year Built

Built in 2022 | New Construction

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.95
  • Co List Office Mls Id: GYLR01
  • Co List Office Phone: 336-272-0151
  • Subdivision Name: Wolf Ridge
  • Directions: Bryan Blvd. West ,onto I-73 to Oak Ridge- Highway 68 Exit. Right off the exit ramp onto 68. Left at Lowes Shopping Center/CVS on to Hwy 150W. Left on Williard Road (where the Oak Ridge Sidewalk Ends) Wolf Ridge on Left - Turn at the Wolf!
  • Above Grade Finished Sq Ft: 4487
  • Architectural Style: Transitional
  • Unit Levels: Two
  • New Construction: Yes
  • Structure Type: House
  • Year Built: 2022
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 4000 - 4800
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_BuiltInformation: New
  • Special Features: NewHome

Interior Features

  • Appliances: Microwave, Oven, Cooktop, Dishwasher, Double Oven, Gas Cooktop, Range Hood, Gas Water Heater, Tankless Water Heater
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Great Room, Built-in Features, Ceiling Fan(s), Dead Bolt(s), Freestanding Tub, Kitchen Island, Pantry, Separate Shower, Solid Surface Counter, Sound System
  • Has Basement: Crawl Space
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Gas Log, Great Room, Outside
  • Fireplaces: 2
  • Living Area: 4487
  • Main Level Bathrooms: 3
  • Attic Description: Partially Floored, Walk in Attic
  • TRIADMLS_FullBathsMain: 2
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No
  • TRIADMLS_HalfBathsMain: 1
  • TRIADMLS_FullBathsUpper: 2

Exterior Features

  • Exterior Features: Garden, Sprinkler System
  • Lot Features: Cul-De-Sac, Subdivided
  • Pool Features: None
  • Construction Type: Brick
  • TRIADMLS_PoolYN: No
  • Flood Zone: Not in Flood Zone

Garage/Parking

  • Garage Spaces: 3
  • Parking Features: Driveway, Garage, Paved, Garage Door Opener, Attached, Garage Faces Side
  • Garage Description: Attached Garage, Side Load Garage

Utilities

  • Sewer: Septic Tank
  • Laundry Features: Dryer Connection, Main Level, Washer Hookup
  • Security: Smoke Detector(s)
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Water Source: Well
  • TRIADMLS_HeatingFuel: Natural Gas
  • Water Heater: Gas, Tankless

Condo/Co-op/Association

  • Association Fee: 100
  • Association: Yes

Schools

  • Elementary School: Oak Ridge
  • High School: Northwest
  • Middle Or Junior School: Northwest Guilford

Lot Info

  • Parcel #: 1055165
  • Zoning: RS40
  • TRIADMLS_PlatPage: 44
  • TRIADMLS_PlatBook: 201
  • TRIADMLS_AcresRange: 1 - 1

Tax Info

  • Tax Annual Amount: 695
  • Tax Block: 75
  • Tax Lot: 1966
  • Tax Map Number: 7807
  • Tax Year: 2021
  • TRIADMLS_TaxRate: 0.799

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 28, 2022
Closed on
Jun 22, 2022
Sold by
Friddle And Company Inc
Bought by
Milsap Michael Christopher and Milsap Amanda Nichole
Seller's Agent
Nancy Hess
Berkshire Hathaway HomeServices Yost & Little Realty
Buyer's Agent
Tiffany Lattero
United Properties of NC
Sold Price
$1,080,000
Current Estimated Value
$1,165,269

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$85,269
Avg. Annual Appreciation
3.15%
Original Mortgage
$647,500
Outstanding Balance
$615,179
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$582,979

Purchase Details

Closed on
Feb 25, 2020
Sold by
Peaceful Ridge Llc
Bought by
Friddle And Company Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,750
Interest Rate
3.6%
Mortgage Type
Construction
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
Milsap Michael Christopher $1,080,000 Donato Law Pc
Friddle And Company Inc $105,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Milsap Michael Christopher $647,500
Previous Owner Friddle And Company Inc $78,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/22/2022 06/22/22 Sold $1,080,000 -- $270 / Sq Ft
03/16/2022 03/16/22 Pending -- -- --
Source: Triad 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 $8,144 $872,700 $105,000 $767,700
2024 $8,144 $842,100 $105,000 $737,100
2023 $8,144 $842,100 $105,000 $737,100
2022 $5,516 $872,700 $105,000 $767,700
2021 $681 $75,000 $75,000 $0
2020 $681 $75,000 $75,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 1057424

Triad MLS

APN: 0230424