NOT LISTED FOR SALE

5682 Timber Trace Way Oak Ridge, NC 27310

Estimated Value: $1,022,678 - $1,150,000

4 Beds
4 Baths
4,200 Sq Ft
$260/Sq Ft Est. Value

Last Sold July 06, 2023

Last sale price $995,000 $237 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $6,437/month

177 Days on Market

Highlights

  • New Construction
  • Freestanding Bathtub
  • Wood Flooring
  • Oak Ridge Elementary School Rated A-
  • Transitional Architecture
  • Main Floor Primary Bedroom

About This Home

As of July 2023

Join Wolf Ridge, one of Oak Ridge's favorite Custom neighborhoods. R & K does it again compete with all the upgrades and details you would desire in your new home! Still time to customize finishes at this beginning stage of building! 4 Beds and 4 Full Baths, plus a 4 car garage! Tons of room to roam with an additional bedroom/flex space downstairs and an expansive bonus upstairs! Keeping room flexes as wonderful office space overlooking the rear yard bound by preserved woods. One of the few remaining homes to be built in this sought after neighborhood in Oak Ridge and Northwest Schools.

Last Agent to Sell the Property

Nancy Hess

Berkshire Hathaway HomeServices Yost & Little Realty License #145797 Listed on: 06/23/2022

Berkshire Hathaway HomeServices Yost & Little Realty

Co-Listed By

Jake Letterman

Berkshire Hathaway HomeServices Yost & Little Realty License #286870

Last Buyer's Agent

Selina Jones

Coldwell Banker Advantage License #321282

Coldwell Banker Advantage

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,074

Year Built

  • Built in 2022 | New Construction

Lot Details

  • 1.04 Acre Lot
  • Property is zoned RS-40

HOA Fees

  • $100 Monthly HOA Fees

Parking

  • 4 Car Attached Garage
  • Front Facing Garage
  • Side Facing Garage
  • Driveway

Home Design

  • Transitional Architecture
  • Brick Exterior Construction
  • Stone

Interior Spaces

  • 3,984 Sq Ft Home
  • 3,500-4,200 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan
  • Great Room with Fireplace
  • Living Room with Fireplace
  • Dryer Hookup
  • Attic

Kitchen

  • 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

  • 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

Community Details

  • Wolf Ridge Subdivision

Listing and Financial Details

  • Legal Lot and Block 6107 / 76
  • Assessor Parcel Number 230420
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,074

Year Built

Built in 2022 | New Construction

Lot Details

0

HOA Fees

$100 per month

Parking

4

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 1.04
  • Co List Office Mls Id: GYLR01
  • Co List Office Phone: 336-272-0151
  • Subdivision Name: Wolf Ridge
  • Directions: Bryan Blvd to 73 North, off at the Oak Ridge Exit. North on NC HWY 68 to shopping center intersection of NC Hwy 150. Left, past elementary school, swim club, to left on Williard Rd. Where sidewalk ends) Left into Wolf Ridge, left at Timber Trace.
  • Above Grade Finished Sq Ft: 3984
  • Architectural Style: Transitional
  • Unit Levels: Two
  • New Construction: Yes
  • Structure Type: House
  • Year Built: 2022
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 3500 - 4200
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_CityLimitsYN: No
  • TRIADMLS_BuiltInformation: New
  • TRIADMLS_FencedYN: No
  • Special Features: NewHome

Interior Features

  • Appliances: Microwave, Oven, Cooktop, Dishwasher, Exhaust Fan, 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, Vaulted Ceiling(s)
  • Has Basement: Crawl Space
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: Gas Log, Great Room, Living Room
  • Fireplaces: 1
  • Living Area: 3984
  • Main Level Bathrooms: 2
  • Attic Description: Floored Attic
  • TRIADMLS_FullBathsMain: 2
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No
  • TRIADMLS_FullBathsUpper: 2

Exterior Features

  • Exterior Features: Garden
  • Fencing: None
  • Lot Features: Subdivided
  • Pool Features: None
  • Construction Type: Brick, Stone
  • TRIADMLS_PoolYN: No
  • Flood Zone: Not in Flood Zone

Garage/Parking

  • Garage Spaces: 4
  • Parking Features: Garage, Driveway, Garage Door Opener, Attached, Garage Faces Front, Garage Faces Side
  • Garage Description: Attached Garage, Front Load Garage, Side Load Garage

Utilities

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

Condo/Co-op/Association

  • Association Fee: 100
  • Association Fee Frequency: Monthly
  • Association: Yes

Schools

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

Lot Info

  • Parcel #: 230420
  • Zoning: RS-40
  • TRIADMLS_PlatPage: 44
  • TRIADMLS_PlatBook: 201
  • TRIADMLS_AcresRange: 1 - 1

Tax Info

  • Tax Annual Amount: 1074.16
  • Tax Block: 76
  • Tax Lot: 6107
  • Tax Map Number: 7807
  • Tax Year: 2021
  • TRIADMLS_TaxRate: 0.9775

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2022
Closed on
Jun 26, 2023
Sold by
R & K Investment Properties Inc
Bought by
Wager Sneha and Wager Beau Ryan
Seller's Agent
Nancy Hess
Berkshire Hathaway HomeServices Yost & Little Realty
Buyer's Agent
Selina Jones
Coldwell Banker Advantage
List Price
$995,000
Sold Price
$995,000
Views
13
Current Estimated Value
$1,090,893

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$95,893
Avg. Annual Appreciation
4.05%
Original Mortgage
$833,350
Outstanding Balance
$806,165
Interest Rate
5.5%
Mortgage Type
New Conventional
Estimated Equity
$284,728

Purchase Details

Closed on
Jul 21, 2021
Sold by
Peaceful Ridge Llc
Bought by
R & K Investment Properties 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%
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
Wager Sneha $1,042,500 None Listed On Document
R & K Investment Properties Inc $105,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wager Sneha $833,350
Previous Owner R & K Investment Properties Inc $78,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/06/2023 07/06/23 Sold $995,000 0.0% $284 / Sq Ft
01/02/2023 01/02/23 Pending -- -- --
07/08/2022 07/08/22 Price Changed $995,000 0.0% $284 / Sq Ft
07/08/2022 07/08/22 For Sale $995,000 -- $284 / Sq Ft
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 $7,523 $806,100 $105,000 $701,100
2024 $7,523 $784,900 $105,000 $679,900
2023 $7,523 $784,900 $105,000 $679,900
2022 $954 $105,000 $105,000 $0
2021 $136 $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: 1074248

Triad MLS

APN: 0230420