NOT LISTED FOR SALE

Estimated Value: $817,609

4 Beds
4 Baths
3,481 Sq Ft
$235/Sq Ft Est. Value

Sale Details

Date Sold: December 5, 2023

Last sale price $750,000 $215 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $4,987 / mo

80 Days on Market

Highlights

  • In Ground Pool
  • Deck
  • Transitional Architecture
  • West Millbrook Middle School Rated A-
  • Wooded Lot
  • Wood Flooring

About This Home

As of December 2023

This home is what you’ve been waiting for! This beautifully appointed residence features a refreshing pool, timeless character, and ample entertaining spaces — perfect for any size gathering! You are welcomed by an impressive 200ft stamped concrete driveway that encases an over 1 acre lot. This 4 bedroom, 4 full bathroom home invites you in, greeted by soaring cathedral ceilings — enjoy the abundance of natural light that fills the spacious rooms, while also relishing the lush green space surrounding the property. Indulge your culinary desires in the open-concept kitchen equipped with high-end Electrolux double ovens, premium cabinetry and quartz countertops, this kitchen is a haven for cooking enthusiasts. Experience the joy of preparing meals in a stylish and functional space.The main floor bedroom is perfect for multigenerational guests + exterior access to a full pool bath, perfect to wash off after a dip or work in the garden — simply too many features to name! Nestled in the premium and convenient North Raleigh location, 728 Malbay Lane offers an easy commute to various destinations within the Triangle.

Last Agent to Sell the Property

Saira Bruno

Raleigh Realty Inc. License #318289 Listed on: 08/23/2023

Last Buyer's Agent

Matt Spitzer

Rich Realty Group License #342808

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,353

Year Built

  • Built in 1985

Lot Details

  • 1.11 Acre Lot
  • Lot Dimensions are 30' x 300' x 137' x 160' x 325'
  • Cul-De-Sac
  • Fenced Yard
  • Landscaped
  • Wooded Lot
  • Property is zoned R-40W

HOA Fees

  • $8 Monthly HOA Fees

Parking

  • 3 Car Garage
  • Workshop in Garage
  • Front Facing Garage
  • Private Driveway

Home Design

  • Transitional Architecture
  • Brick Exterior Construction
  • Masonite

Interior Spaces

  • 3,481 Sq Ft Home
  • 2-Story Property
  • Smooth Ceilings
  • High Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Blinds
  • Entrance Foyer
  • Family Room with Fireplace
  • Combination Dining and Living Room
  • Home Office
  • Workshop
  • Sun or Florida Room
  • Utility Room
  • Crawl Space

Kitchen

  • Double Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Quartz Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • 4 Full Bathrooms
  • Double Vanity
  • Private Water Closet
  • Separate Shower in Primary Bathroom
  • Separate Shower

Laundry

  • Laundry in Hall
  • Laundry on main level

Outdoor Features

  • In Ground Pool
  • Deck
  • Enclosed Patio or Porch

Schools

  • Baileywick Elementary School
  • West Millbrook Middle School
  • Sanderson High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Septic Tank

Community Details

Overview

  • Association fees include unknown
  • Shannon Woods HOA
  • Shannon Woods Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,353

Year Built

Built in 1985

Lot Details

1.11 Acres

HOA Fees

$8 per month

Parking

3

Listing Details

  • Year Built: 1985
  • Prop. Type: Residential
  • Reso Association Fee Includes: Unknown
  • Subdivision Name: Shannon Woods
  • Above Grade Finished Sq Ft: 3481.0
  • Architectural Style: Transitional
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Contract Information Ownership Type: Other
  • General Property Information Above Grade Unfinished Area: 217.0
  • General Property Information Total Unfinished Area2: 217.0
  • General Property Information Lot Size Dimensions: 30' x 300' x 137' x 160' x 325'
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: Yes
  • Appliances Microwave: Yes
  • Architectural Style Transitional: Yes
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Interior Features Water Closet: Yes
  • Laundry Features Main Level: Yes
  • Structure Type Site Built: Yes
  • Cooling Zoned: Yes
  • Flooring Carpet: Yes
  • Flooring Hardwood: Yes
  • Interior Features Separate Shower: Yes
  • Interior Features Smooth Ceilings: Yes
  • Levels Two: Yes
  • Room Types Bedroom 2 Level: 2
  • Room Types Bedroom 3 Level: 2
  • Room Types Bedroom 4 Level: M
  • Room Types Dining Room2: Yes
  • Room Types Family Room2: Yes
  • Room Types Office: Yes
  • Room Types Primary Bedroom Level: 2
  • Interior Features LivingDining Room Combination: Yes
  • Room Types Utility Room: Yes
  • Room Types Living Room2: Yes
  • Room Types Sunroom: Yes
  • Remarks and Miscellaneous Syndication Remarks2: This home is what you’ve been waiting for! This beautifully appointed residence features a refreshing pool, timeless character, and ample entertaining spaces — perfect for any size gathering! You are welcomed by an impressive 200ft stamped concrete driveway that encases an over 1 acre lot. This 4 bedroom, 4 full bathroom home invites you in, greeted by soaring cathedral ceilings — enjoy the abundance of natural light that fills the spacious rooms, while also relishing the lush green spaces.
  • General Property Information Senior Community YN: No
  • Laundry Features In Hall: Yes
  • Room Types Workshop2: Yes
  • General Property Information Association Name 2: N/A
  • Water Source Community Water: Yes
  • Pool Features In Ground: Yes
  • Pool Features Private4: Yes
  • General Property Information Above Grade Finished Area: 3481.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 48351.6
  • General Property Information Lot Size Acres: 1.11
  • General Property Information:Living Area3: 3481.0
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Hardwood, Tile
  • Interior Amenities: Ceiling Fan(s), Double Vanity, Entrance Foyer, High Ceilings, Living/Dining Room Combination, Quartz Counters, Separate Shower, Smooth Ceilings, Walk-In Closet(s), Walk-In Shower, Water Closet
  • Basement: Crawl Space
  • Appliances: Dishwasher, Double Oven, Gas Cooktop, Gas Range, Gas Water Heater, Microwave
  • Basement YN: No
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: Family Room, Gas
  • Fireplaces: 1
  • Appliances Dishwasher: Yes
  • Appliances:Gas Cooktop: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Interior Features:Double Vanity: Yes
  • Interior Features:Entrance Foyer: Yes
  • Interior Features:High Ceilings: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Walk-In Shower: Yes
  • Basement:Crawl Space: Yes
  • Fireplace Features:Family Room: Yes
  • Interior Features:Quartz Counters: Yes
  • Appliances:Gas Water Heater: Yes
  • Fireplace Features:Gas4: Yes
  • Appliances:Double Oven: Yes
  • Appliances:Gas Range: Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Exterior Features: Fenced Yard
  • Acres: 1.11
  • Construction Type: Brick, Fiber Cement, Masonite
  • Patio And Porch Features: Deck, Enclosed, Patio, Porch
  • Construction Materials:Fiber Cement: Yes
  • Lot Features:Landscaped: Yes
  • Patio and Porch Features:Porch: Yes
  • Window Features:Blinds: Yes
  • Lot Features:Wooded: Yes
  • Lot Features:Cul-De-Sac: Yes
  • Patio And Porch Features:Patio: Yes
  • Patio And Porch Features:Deck2: Yes
  • Exterior Features:Fenced - Yard: Yes
  • Construction Materials:Masonite: Yes
  • Construction Materials:Brick: Yes
  • Patio And Porch Features:Enclosed2: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 3.0
  • Parking Features: Concrete, Driveway, Garage, Garage Faces Front, Workshop in Garage
  • Parking Features:Garage: Yes
  • Parking Features:Concrete4: Yes
  • Parking Features:Driveway: Yes
  • Parking Features:Garage Faces Front: Yes
  • Parking Features:Workshop in Garage: Yes
  • General Property Information:Garage Spaces: 3.0

Utilities

  • Heating: Natural Gas, Zoned
  • Cooling: Central Air, Zoned
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Community Water
  • Heating:Natural Gas: Yes
  • Heating:Zoned2: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 100.0
  • Association Fee Frequency: Annually
  • Association: N/A
  • Association Name: Shannon Woods HOA
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: Shannon Woods HOA
  • Association Amenities:Pool: Yes
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 100.0
  • General Property Information:Association Fee Frequency: Annually

Schools

  • Ninth Grade High School: Wake - Sanderson
  • Middle Or Junior School: Wake - West Millbrook

Lot Info

  • Zoning: R-40W
  • Lot Dimensions: 30' x 300' x 137' x 160' x 325'
  • Lot Size Sq Ft: 48351.6
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3353.0
  • Tax Year: 2023

MLS Schools

  • Elementary School: Wake - Baileywick

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 23, 2023
Closed on
Dec 4, 2023
Sold by
King Richard J and King Renee Baggett
Bought by
Seller's Agent
Saira Bruno
Raleigh Realty Inc.
Buyer's Agent
Matt Spitzer
Rich Realty Group
List Price
$745,000
Sold Price
$750,000
Premium/Discount to List
$5,000
0.67%
Views
50
Current Estimated Value
$817,609

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,609
Avg. Annual Appreciation
3.15%
Original Mortgage
$562,500
Outstanding Balance
$548,117
Interest Rate
7.63%
Mortgage Type
New Conventional
Estimated Equity
$269,492

Purchase Details

Closed on
Jun 29, 1992
Bought by
King Richard J and King Dana M
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Stonebridge, NC

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$750,000 None Listed On Document
King Richard J $215,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $562,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
12/05/2023 12/05/23 Sold $750,000 +0.7% $215 / Sq Ft
11/12/2023 11/12/23 Pending -- -- --
11/09/2023 11/09/23 For Sale $745,000 -0.7% $214 / Sq Ft
08/28/2023 08/28/23 Off Market $750,000 -- --
08/28/2023 08/28/23 Pending -- -- --
08/24/2023 08/24/23 For Sale $745,000 -- $214 / Sq Ft
Source: Doorify MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $4,356 $677,899 $128,000 $549,899
2024 $4,230 $677,899 $128,000 $549,899
2023 $3,353 $427,498 $76,500 $350,998
2022 $3,107 $427,498 $76,500 $350,998
2021 $3,024 $427,498 $76,500 $350,998
2020 $2,974 $427,498 $76,500 $350,998
2019 $3,113 $378,678 $91,800 $286,878
2018 $2,862 $378,678 $91,800 $286,878
2017 $2,712 $378,678 $91,800 $286,878
2016 $2,657 $378,678 $91,800 $286,878
2015 $3,032 $433,700 $162,000 $271,700
2014 -- $433,700 $162,000 $271,700
Source: Public Records

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Map

Source: Doorify MLS

MLS Number: 2528410

Doorify MLS

APN: 0798.02-68-6109-000

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