NOT LISTED FOR SALE

7321 Laketree Dr Raleigh, NC 27615

Estimated Value: $567,000 - $727,000

5 Beds
3 Baths
2,988 Sq Ft
$220/Sq Ft Est. Value

Last Sold July 05, 2023

Last sale price $600,000 $201 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $4,007/month

183 Days on Market

Highlights

  • Deck
  • Traditional Architecture
  • Main Floor Primary Bedroom
  • West Millbrook Middle School Rated A-
  • Wood Flooring
  • Sun or Florida Room

About This Home

As of July 2023

Huge Price Reduction. Come see this beautifully renovated five bedroom home inside of the 540 beltline in Raleigh. This home features hardwoods throughout the downstairs, granite counter-tops, brand new appliances, & large backyard deck overlooking large backyard amongst many other features. It won't last long!!!

Last Agent to Sell the Property

Aaron Moon

Keller Williams Elite Realty License #255501 Listed on: 12/06/2022

Keller Williams Elite Realty

Last Buyer's Agent

Rachel Lowe

Hodge & Kittrell Sotheby's Int License #313830

Hodge & Kittrell Sotheby's Int

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,641

Year Built

  • Built in 1982

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 75x171x105x156

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Brick Foundation
  • Masonite

Interior Spaces

  • 2,988 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Sun or Florida Room
  • Laundry on upper level

Kitchen

  • Gas Range
  • Range Hood
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Tile
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • 3 Full Bathrooms
  • Bathtub
  • Shower Only
  • Walk-in Shower

Parking

  • Garage
  • Front Facing Garage
  • Rear-Facing Garage
  • Side Facing Garage
  • Private Driveway
  • On-Street Parking

Outdoor Features

  • Deck
  • Separate Outdoor Workshop
  • Rain Gutters

Schools

  • North Ridge Elementary School
  • West Millbrook Middle School
  • Millbrook High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Raintree Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,641

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Year Built: 1982
  • Prop. Type: Residential
  • Subdivision Name: Raintree
  • Above Grade Finished Sq Ft: 2988.0
  • Architectural Style: Traditional
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Contract Information Ownership Type: Other
  • General Property Information Lot Size Dimensions: 75x171x105x156
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: Yes
  • Flooring Luxury Vinyl: Yes
  • Flooring Tile: Yes
  • Sewer:Public Sewer: Yes
  • Structure Type Site Built: Yes
  • Water Source Public: Yes
  • Cooling Zoned: Yes
  • Flooring Hardwood: Yes
  • Levels Two: Yes
  • Architectural Style Traditional: Yes
  • Room Types Primary Bedroom Level: M
  • Laundry Features Upper Level: Yes
  • Appliances Refrigerators: Yes
  • Interior Features Bathtub Only: Yes
  • Interior Features Shower Only: Yes
  • Utilities Cable Available: Yes
  • Room Types Sunroom: Yes
  • Other Structures Workshop: Yes
  • Foundation Details BrickMortar: Yes
  • General Property Information Above Grade Finished Area: 2988.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 14810.4
  • General Property Information Lot Size Acres: 0.34
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Hardwood, Luxury Vinyl, Tile
  • Interior Amenities: Bathtub Only, Granite Counters, Primary Downstairs, Shower Only, Walk-In Shower
  • Appliances: Dishwasher, Gas Range, Gas Water Heater, Range, Range Hood, Refrigerator
  • Basement YN: No
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Total Bedrooms: 13
  • Appliances Dishwasher: Yes
  • Appliances:Range Hood: Yes
  • Interior Features:Granite Counters: Yes
  • Interior Features:Primary Downstairs: Yes
  • Interior Features:Walk-In Shower: Yes
  • Appliances:Gas Water Heater: Yes
  • Fireplace Features:Living Room: Yes
  • Appliances:Gas Range: Yes
  • Appliances Range: Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Exterior Features: Rain Gutters
  • Acres: 0.34
  • Construction Type: Brick, Masonite
  • Foundation Details: Brick/Mortar
  • Patio And Porch Features: Deck
  • Exterior Features:Rain Gutters: Yes
  • Patio And Porch Features:Deck2: Yes
  • Construction Materials:Masonite: Yes
  • Construction Materials:Brick: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Concrete, Driveway, Garage Faces Front, Garage Faces Rear, Garage Faces Side, On Street
  • Parking Features:Concrete4: Yes
  • Parking Features:Driveway: Yes
  • Parking Features:Garage Faces Front: Yes
  • Parking Features:Garage Faces Side: Yes
  • Parking Features:On Street: Yes
  • Parking Features:Garage Faces Rear: Yes

Utilities

  • Utilities: Cable Available
  • Heating: Electric, Forced Air, Natural Gas
  • Cooling: Zoned
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Electric4: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

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

Lot Info

  • Lot Dimensions: 75x171x105x156
  • Lot Size Sq Ft: 14810.4
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3641.0
  • Tax Year: 2022

MLS Schools

  • Elementary School: Wake - North Ridge

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 14, 2021
Sold by
Lamart Rene
Bought by
Lamart Nick and The 7321 Laketree Drive Trust
Current Estimated Value
$657,277

Purchase Details

Closed on
Apr 10, 2019
Sold by
Southern Pine Properties Llc
Bought by
Lamart Rene

Purchase Details

Closed on
Feb 2, 2007
Sold by
Lamart Rene
Bought by
Southern Pine Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,000
Interest Rate
7.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 9, 2007
Sold by
Horovitz Avrohom and Horovitz Malkie
Bought by
Lamart Rene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,000
Interest Rate
7.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 23, 2004
Sold by
Jetike Lllp
Bought by
Horovitz Avrohom and Horovitz Malkie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,600
Interest Rate
5.1%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Apr 29, 2002
Sold by
Grant Warren D and Grant Lisa M
Bought by
Jetike Lllp
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Lamart Nick -- None Available
Lamart Rene -- None Available
Southern Pine Properties Llc -- None Available
Lamart Rene $245,000 None Available
Horovitz Avrohom $207,000 --
Jetike Lllp $214,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lamart Rene $196,000
Previous Owner Horovitz Avrohom $165,600
Previous Owner Grant Warren D $60,000
Previous Owner Grant Warren D $140,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2023 12/15/23 Off Market $600,000 -- --
07/05/2023 07/05/23 Sold $600,000 -3.2% $201 / Sq Ft
06/06/2023 06/06/23 Pending -- -- --
05/23/2023 05/23/23 Price Changed $620,000 -11.3% $207 / Sq Ft
03/04/2023 03/04/23 Price Changed $699,000 -10.3% $234 / Sq Ft
12/05/2022 12/05/22 For Sale $779,000 -- $261 / 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 $5,114 $586,565 $180,000 $406,565
2023 $3,919 $357,710 $115,000 $242,710
2022 $3,642 $357,710 $115,000 $242,710
2021 $3,501 $357,710 $115,000 $242,710
2020 $3,437 $357,710 $115,000 $242,710
2019 $3,014 $258,332 $90,000 $168,332
2018 $2,843 $258,332 $90,000 $168,332
2017 $2,707 $258,332 $90,000 $168,332
2016 $2,652 $258,332 $90,000 $168,332
2015 $2,601 $249,251 $80,000 $169,251
2014 $2,467 $249,251 $80,000 $169,251
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2486197

Doorify MLS

APN: 1717.05-19-9586-000