Seller's Agent in 2024
Tracy Drakeford
Fathom Realty NC, LLC
(919) 257-8139
46 Total Sales
712 Malbay Ln Raleigh, NC 27615
Estimated Value: $718,000 - $818,534
4
Beds
4.5
Baths
4,022
Sq Ft
$194/Sq Ft
Est. Value
Highlights
- Deck
- Recreation Room
- Wood Flooring
- West Millbrook Middle School Rated A-
- Traditional Architecture
- Granite Countertops
About This Home
As of March 2024*Backup Offers being Accepted* Well maintained traditional ranch home in an excellent location with no city taxes! Plus hard to find full walk-out basement! 4 bed/4+half bath with hardwoods throughout. All bedrooms have access to their own bathroom. First floor laundry access. Craft room with full bathroom is in the basement. Gazebo in the backyard is wired for a hot tub. Workshop is wired. Home is convenient to 540, RTP, dining, shopping, Baileywick Park & local YMCA. This home has so much to offer! Note: Furnishings have been removed since time of photos. Game room, family room & living room are virtually staged.
Last Agent to Sell the Property
Fathom Realty NC, LLC License #297929 Listed on: 02/02/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,258
Year Built
- Built in 1984
Lot Details
- 2.1 Acre Lot
- Property fronts a state road
- Back and Front Yard
Parking
- 2 Car Attached Garage
- Garage Door Opener
- 2 Open Parking Spaces
Home Design
- Traditional Architecture
- Brick Veneer
- Permanent Foundation
- Architectural Shingle Roof
- Radon Mitigation System
Interior Spaces
- 1-Story Property
- Ceiling Fan
- Recessed Lighting
- Double Pane Windows
- French Doors
- Entrance Foyer
- Family Room
- Living Room
- Breakfast Room
- Dining Room
- Recreation Room
- Bonus Room
- Workshop
- Screened Porch
- Wood Flooring
- Pull Down Stairs to Attic
Kitchen
- Eat-In Kitchen
- Double Self-Cleaning Convection Oven
- Gas Cooktop
- Down Draft Cooktop
- Dishwasher
- Kitchen Island
- Granite Countertops
- Disposal
Bedrooms and Bathrooms
- 4 Bedrooms
- Dual Closets
- Double Vanity
- Separate Shower in Primary Bathroom
- Bathtub with Shower
- Solar Tube
Laundry
- Laundry Room
- Laundry on main level
- Gas Dryer Hookup
Finished Basement
- Heated Basement
- Walk-Out Basement
- Walk-Up Access
Home Security
- Smart Thermostat
- Storm Doors
Outdoor Features
- Deck
- Gazebo
- Separate Outdoor Workshop
- Outdoor Gas Grill
Schools
- Baileywick Elementary School
- West Millbrook Middle School
- Sanderson High School
Utilities
- Central Air
- Heating System Uses Natural Gas
- Natural Gas Connected
- Gas Water Heater
- Septic Tank
- Septic System
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 0798.02-78-2162 0131225
Community Details
Overview
- Property has a Home Owners Association
- Shannon Woods Subdivision
Amenities
- Laundry Facilities
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 2, 2024
Closed on
Mar 5, 2024
Sold by
Mills James L and Mills Renetta B
Bought by
Gray Sacajawea M and Gray Derrell
Seller's Agent
Tracy Drakeford
Fathom Realty NC, LLC
Buyer's Agent
Matt Perry
Keller Williams Elite Realty
List Price
$675,000
Sold Price
$690,000
Premium/Discount to List
$15,000
2.22%
Views
83
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$89,884
Avg. Annual Appreciation
8.45%
Original Mortgage
$621,000
Outstanding Balance
$610,671
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$169,213
Purchase Details
Closed on
Apr 5, 1999
Sold by
Fuller David Debs
Bought by
Mills James L and Mills Renetta B
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$47,000
Interest Rate
6.84%
Mortgage Type
Credit Line Revolving
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Gray Sacajawea M | $690,000 | None Listed On Document | |
| Mills James L | $235,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Gray Sacajawea M | $621,000 | |
| Previous Owner | Mills James L | $130,000 | |
| Previous Owner | Mills James L | $100,000 | |
| Previous Owner | Mills James L | $103,604 | |
| Previous Owner | Mills James L | $171,339 | |
| Previous Owner | Mills James L | $47,000 | |
| Previous Owner | Mills James L | $188,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/13/2024 03/13/24 | Sold | $690,000 | +2.2% | $172 / Sq Ft |
| 02/02/2024 02/02/24 | For Sale | $675,000 | -- | $168 / Sq Ft |
| 02/01/2024 02/01/24 | Pending | -- | -- | -- |
Source: Doorify MLS
Tax History Compared to Growth
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 | $4,347 | $676,494 | $153,600 | $522,894 |
| 2024 | $4,221 | $676,494 | $153,600 | $522,894 |
| 2023 | $3,258 | $415,344 | $76,500 | $338,844 |
| 2022 | $3,020 | $415,344 | $76,500 | $338,844 |
| 2021 | $2,939 | $415,344 | $76,500 | $338,844 |
| 2020 | $2,890 | $415,344 | $76,500 | $338,844 |
| 2019 | $3,054 | $371,518 | $76,500 | $295,018 |
| 2018 | $2,808 | $371,518 | $76,500 | $295,018 |
| 2017 | $2,662 | $371,518 | $76,500 | $295,018 |
| 2016 | $2,608 | $371,518 | $76,500 | $295,018 |
| 2015 | $2,885 | $412,485 | $135,000 | $277,485 |
| 2014 | -- | $387,743 | $135,000 | $252,743 |
Source: Public Records
Agents Affiliated with this Home
-
Tracy Drakeford
-
Matt Perry
Buyer's Agent in 2024
Matt Perry
Keller Williams Elite Realty
(919) 789-1635
794 Total Sales
Map
Source: Doorify MLS
MLS Number: 10009016
APN: 0798.02-78-2162-000
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