NOT LISTED FOR SALE

595 Billets Run Moncure, NC 27559

Estimated Value: $1,191,725 - $1,344,000

4 Beds
3.5 Baths
3,461 Sq Ft
$365/Sq Ft Est. Value

Last Sold November 17, 2023

Last sale price $1,150,000 $332 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $6,908/month

109 Days on Market

Highlights

  • Private Waterfront
  • In Ground Pool
  • Craftsman Architecture
  • Horses Allowed On Property
  • Gated Community
  • Deck

About This Home

As of November 2023

Custom Home on 10 river-front acres! Experience the luxurious privacy of this gated community offering a tranquil retreat conveniently located near US 1, 540, and Jordan Lake. This home offers warmth and elegance with custom trim work, oak & tile floors and a spacious living area flooded with natural light. The soaring ceilings and fireplace add a touch of grandeur, creating an ideal spot to unwind. The kitchen boasts solid maple cabinets & high-end appliances. Outside, the upper deck provides a great spot for al fresco dining while the lower deck overlooks a poolside oasis. A shady path leads to a riverfront retreat, perfect for listening to the water while enjoying a fire and offering access for kayaking or fishing. A detached flex space, connected by a breezeway, provides an additional 769 SqFt, perfect for an office, studio, or guest house. For outdoor enthusiasts, horses are allowed, and there is plenty of space for parking a boat or RV. Offering the best of both worlds, this property provides a unique opportunity to experience the serenity of a wooded paradise with easy access to RTP, Raleigh, Durham, & Cary.

Last Agent to Sell the Property

Kathy Gibbons

Coldwell Banker HPW License #210323 Listed on: 05/27/2023

Last Buyer's Agent

Cindi Honeycutt

Keller Williams Realty License #294963

Keller Williams Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,960

Year Built

  • Built in 2016

Lot Details

  • 10 Acre Lot
  • Private Waterfront
  • 253 Feet of Waterfront
  • River Front
  • Property fronts a private road
  • Cul-De-Sac
  • Secluded Lot
  • Cleared Lot
  • Landscaped with Trees
  • Garden

Parking

  • 1 Car Garage
  • Side Facing Garage
  • Garage Door Opener
  • Gravel Driveway

Home Design

  • Craftsman Architecture

Interior Spaces

  • 3,461 Sq Ft Home
  • 1.5-Story Property
  • Smooth Ceilings
  • Cathedral Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Fireplace Features Masonry
  • Entrance Foyer
  • Family Room
  • Living Room with Fireplace
  • Dining Room
  • Home Office
  • Recreation Room
  • Bonus Room
  • Workshop
  • Storage
  • Utility Room
  • Water Views
  • Crawl Space

Kitchen

  • Gas Cooktop
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Private Water Closet
  • Soaking Tub
  • Shower Only in Primary Bathroom
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on main level
  • Electric Dryer Hookup

Attic

  • Attic Floors
  • Scuttle Attic Hole
  • Permanent Attic Stairs

Outdoor Features

  • In Ground Pool
  • Deck
  • Covered patio or porch

Schools

  • Moncure Elementary And Middle School
  • Seaforth High School

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Well
  • Tankless Water Heater
  • Propane Water Heater
  • Septic Tank
  • Cable TV Available

Additional Features

  • Accessible Washer and Dryer
  • Pasture
  • Horses Allowed On Property

Community Details

Overview

  • No Home Owners Association
  • Billets Run Subdivision

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,960

Year Built

Built in 2016

Lot Details

0

Parking

1

Listing Details

  • Year Built: 2016
  • Prop. Type: Residential
  • Horses: Yes
  • Road Frontage Type: Private Road, Other
  • Subdivision Name: Billets Run
  • Above Grade Finished Sq Ft: 3461.0
  • Architectural Style: Craftsman
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One and One Half
  • New Construction: No
  • Contract Information Ownership Type: Other
  • General Property Information Above Grade Unfinished Area: 591.0
  • General Property Information Below Grade Unfinished Area: 524.0
  • General Property Information Total Unfinished Area2: 1115.0
  • General Property Information Lot Size Dimensions: See PLAT Map
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: Yes
  • Appliances Microwave: Yes
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Interior Features Water Closet: Yes
  • Laundry Features Laundry Room: Yes
  • Laundry Features Main Level: Yes
  • Structure Type Site Built: Yes
  • Cooling:Electric: Yes
  • Flooring Carpet: Yes
  • Flooring Hardwood: Yes
  • Interior Features Separate Shower: Yes
  • Interior Features Smooth Ceilings: Yes
  • Lot Features Hardwood Trees: Yes
  • Lot Features Partially Cleared: Yes
  • Water Source Well: Yes
  • Room Types Bedroom 2 Level: M
  • Room Types Bedroom 3 Level: M
  • Room Types Bedroom 4 Level: M
  • Room Types Bonus Room: Yes
  • Room Types Dining Room2: Yes
  • Room Types Family Room2: Yes
  • Room Types Office: Yes
  • Room Types Primary Bedroom Level: M
  • Laundry Features Electric Dryer Hookup: Yes
  • Room Types Utility Room: Yes
  • Room Types Living Room2: Yes
  • Interior Features Bathtub Only: Yes
  • Interior Features Shower Only: Yes
  • Utilities Cable Available: Yes
  • Architectural Style Craftsman: Yes
  • Attic Features Scuttle: Yes
  • Levels One and One Half: Yes
  • Room Types Workshop2: Yes
  • Room Types Recreation Room3: Yes
  • Pool Features In Ground: Yes
  • General Property Information Water Frontage Length2: 253.0
  • Waterfront Access Private Ownership: Yes
  • General Property Information Horse YN2: Yes
  • Lot Water Features Water View: Yes
  • Pool Features Private4: Yes
  • Lot Water Features Waterfront3: Yes
  • General Property Information Above Grade Finished Area: 3461.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 435600.0
  • General Property Information Lot Size Acres: 10.0
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Hardwood, Tile
  • Interior Amenities: Bathtub Only, Cathedral Ceiling(s), Ceiling Fan(s), Entrance Foyer, Granite Counters, High Ceilings, Pantry, Primary Downstairs, Separate Shower, Shower Only, Smooth Ceilings, Soaking Tub, Storage, Walk-In Closet(s), Walk-In Shower, Water Closet
  • Basement: Crawl Space
  • Appliances: Dishwasher, Gas Cooktop, Microwave, Plumbed For Ice Maker, Propane Water Heater, Range, Tankless Water Heater
  • Basement YN: No
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Living Room, Masonry, Wood Burning
  • Fireplaces: 1
  • Total Bedrooms: 11
  • Appliances Dishwasher: Yes
  • Appliances:Gas Cooktop: Yes
  • Appliances:Plumbed For Ice Maker: Yes
  • Appliances:Tankless Water Heater: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Interior Features:Entrance Foyer: Yes
  • Interior Features:Granite Counters: Yes
  • Interior Features:High Ceilings: Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Primary Downstairs: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Walk-In Shower: Yes
  • Appliances:Propane Water Heater: Yes
  • Basement:Crawl Space: Yes
  • Interior Features:Storage3: Yes
  • Interior Features:Soaking Tub: Yes
  • Fireplace Features:Masonry: Yes
  • Fireplace Features:Wood Burning: Yes
  • Fireplace Features:Living Room: Yes
  • Interior Features:Cathedral Ceiling(s): Yes
  • Attic Features:Floored: Yes
  • Attic Features:Walk-In Attic: Yes
  • Attic Features:Permanent Stairs: Yes
  • Appliances Range: Yes
  • Security Features:Gated Community: Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Water Body Name: Haw River
  • Acres: 10.0
  • Waterfront Features: River Front
  • Waterfront: Yes
  • Construction Type: Fiber Cement
  • Patio And Porch Features: Covered, Deck, Patio, Porch
  • Accessibility Features:Accessible WasherDryer: Yes
  • Construction Materials:Fiber Cement: Yes
  • Lot Features:Landscaped: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Covered2: Yes
  • Lot Features:Cul-De-Sac: Yes
  • Patio And Porch Features:Patio: Yes
  • Patio And Porch Features:Deck2: Yes
  • Lot Features:Garden2: Yes
  • Lot Features:Secluded: Yes
  • Lot Features:Pasture2: Yes
  • Waterfront Features:River Front: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Asphalt, Concrete, Driveway, Garage, Garage Door Opener, Garage Faces Side, Gravel
  • Parking Features:Garage: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Concrete4: Yes
  • Parking Features:Driveway: Yes
  • Parking Features:Gravel: Yes
  • Parking Features:Garage Faces Side: Yes
  • Parking Features:Asphalt2: Yes
  • General Property Information:Garage Spaces: 1.0

Utilities

  • Utilities: Cable Available
  • Heating: Electric, Forced Air, Heat Pump
  • Cooling: Central Air, Electric, Heat Pump
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Well
  • Heating:Electric4: Yes
  • Heating:Forced Air: Yes
  • Heating:Heat Pump2: Yes
  • Sewer Septic Tank: Yes
  • HeatingCooling:Heat Pump: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Ninth Grade High School: Chatham - Seaforth
  • Middle Or Junior School: Chatham - Moncure

Lot Info

  • Lot Dimensions: See PLAT Map
  • Lot Size Sq Ft: 435600.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4960.0
  • Tax Year: 2022

MLS Schools

  • Elementary School: Chatham - Moncure

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 27, 2023
Closed on
Nov 10, 2023
Sold by
Duncan Andrew Michael and Duncan Patricia Michell
Bought by
Allen Kevin Michael and Allen Emily Michelle
Seller's Agent
Kathy Gibbons
Coldwell Banker HPW
Buyer's Agent
Cindi Honeycutt
Keller Williams Realty
List Price
$1,495,000
Sold Price
$1,150,000
Premium/Discount to List
-$345,000
-23.08%
Views
128
Current Estimated Value
$1,170,101

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,101
Avg. Annual Appreciation
0.30%
Original Mortgage
$897,000
Outstanding Balance
$884,367
Interest Rate
7.19%
Mortgage Type
New Conventional
Estimated Equity
$271,481

Purchase Details

Closed on
Jun 23, 2015
Sold by
130 Of Chatham Llc
Bought by
Duncan Andrew Michael and Duncan Patricia Michelle
Source: Public Records

Range of Values:

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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
Allen Kevin Michael $1,150,000 None Listed On Document
Duncan Andrew Michael $100,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Allen Emily Michelle $75,000
Open Allen Kevin Michael $897,000
Previous Owner Duncan Andrew Michael $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/14/2023 12/14/23 Off Market $1,150,000 -- --
11/17/2023 11/17/23 Sold $1,150,000 -6.1% $332 / Sq Ft
09/22/2023 09/22/23 Pending -- -- --
09/01/2023 09/01/23 Price Changed $1,225,000 -1.6% $354 / Sq Ft
08/23/2023 08/23/23 Price Changed $1,245,000 -3.9% $360 / Sq Ft
07/29/2023 07/29/23 Price Changed $1,295,000 -4.1% $374 / Sq Ft
07/21/2023 07/21/23 Price Changed $1,350,000 -3.2% $390 / Sq Ft
07/08/2023 07/08/23 Price Changed $1,395,000 -3.5% $403 / Sq Ft
06/20/2023 06/20/23 Price Changed $1,445,000 -3.3% $418 / Sq Ft
06/05/2023 06/05/23 For Sale $1,495,000 -- $432 / 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
2024 $5,334 $602,533 $110,993 $491,540
2023 $5,334 $602,533 $110,993 $491,540
2022 $4,960 $602,533 $110,993 $491,540
2021 $4,960 $602,533 $110,993 $491,540
2020 $4,536 $546,266 $97,715 $448,551
2019 $4,468 $546,266 $97,715 $448,551
2018 $4,239 $546,266 $97,715 $448,551
2017 $4,239 $546,266 $97,715 $448,551
2016 $681 $89,688 $89,688 $0
2015 $670 $89,688 $89,688 $0
2014 -- $89,688 $89,688 $0
2013 -- $89,688 $89,688 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2513311

Doorify MLS

APN: 79842