NOT LISTED FOR SALE

8516 Swarthmore Dr Raleigh, NC 27615

Estimated Value: $459,000 - $491,000

3 Beds
2.5 Baths
1,839 Sq Ft
$258/Sq Ft Est. Value

Last Sold August 31, 2021

Last sale price $430,000 $234 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $2,844/month

4 Days on Market

Highlights

  • Traditional Architecture
  • Wood Flooring
  • Attic
  • West Millbrook Middle School Rated A-
  • Main Floor Primary Bedroom
  • Loft

About This Home

As of August 2021

Spectacular North Raleigh home packed w/ upgrades! Home features Fresh Interior Paint & New Oak Hardwood Flooring on 1st Floor! Exterior is Freshly Painted w/ new 3.5" Plantation Shutters on All Windows, New Roof, New Gutters w/ Helmets & Large Downspouts! First Floor Owner's Suite w/ Walk In Closet, Granite Countertops, Porcelain Tile, Soaking Tub & Sep Glass Shower! Sprawling Backyard w/ Emerald Zoysia Sod, Two Brick Patios, Connecting Brick Walkway, & Remodeled Koi Pond w/ Added Lights!

Last Agent to Sell the Property

Ida Terbet

Coldwell Banker HPW License #101494 Listed on: 07/09/2021

Coldwell Banker HPW

Last Buyer's Agent

Ashley Gronewald

Relevate Real Estate Inc. License #267582

Relevate Real Estate Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,565

Year Built

  • Built in 1993

Lot Details

  • 0.37 Acre Lot
  • Landscaped with Trees

Parking

  • 2 Car Garage
  • Front Facing Garage
  • Private Driveway

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Masonite

Interior Spaces

  • 1,839 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Gas Log Fireplace
  • Insulated Windows
  • Entrance Foyer
  • Family Room with Fireplace
  • Dining Room
  • Loft
  • Utility Room
  • Unfinished Attic

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Bathtub
  • Shower Only in Primary Bathroom

Laundry

  • Laundry Room
  • Laundry on main level

Home Security

  • Home Security System
  • Fire and Smoke Detector

Outdoor Features

  • Patio
  • Exterior Lighting
  • Rain Gutters

Schools

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

Utilities

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

Community Details

  • No Home Owners Association
  • Association fees include unknown
  • Harps Mill Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,565

Year Built

Built in 1993

Lot Details

0

Parking

2

Listing Details

  • Year Built: 1993
  • Prop. Type: Residential
  • Reso Association Fee Includes: Unknown
  • Subdivision Name: Harps Mill
  • Above Grade Finished Sq Ft: 1839.0
  • Architectural Style: Traditional
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One and One Half, Two
  • New Construction: No
  • Contract Information Ownership Type: Other
  • 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
  • Foundation Details Slab: Yes
  • Laundry Features Laundry Room: Yes
  • Laundry Features Main Level: Yes
  • Security Features Smoke Detector(s): Yes
  • Sewer:Public Sewer: Yes
  • Structure Type Site Built: Yes
  • Water Source Public: Yes
  • Flooring Carpet: Yes
  • Flooring Hardwood: Yes
  • Interior Features Separate Shower: Yes
  • Levels Two: Yes
  • Lot Features Hardwood Trees: Yes
  • Room Types Bedroom 2 Level: 2
  • Room Types Bedroom 3 Level: 2
  • Room Types Dining Room2: Yes
  • Room Types Family Room2: Yes
  • Architectural Style Traditional: Yes
  • Room Types Primary Bedroom Level: M
  • Flooring Vinyl: Yes
  • Room Types Loft: Yes
  • Room Types Utility Room: Yes
  • Appliances Refrigerators: Yes
  • Interior Features Bathtub Only: Yes
  • Interior Features Shower Only: Yes
  • Utilities Cable Available: Yes
  • Security Features Security System: Yes
  • Levels One and One Half: Yes
  • Attic Features Unfinished2: Yes
  • General Property Information Above Grade Finished Area: 1839.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 16117.2
  • General Property Information Lot Size Acres: 0.37
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Hardwood, Tile, Vinyl
  • Interior Amenities: Bathtub Only, Eat-in Kitchen, Entrance Foyer, Granite Counters, High Ceilings, Pantry, Primary Downstairs, Separate Shower, Shower Only, Walk-In Closet(s)
  • Appliances: Dishwasher, Electric Range, Gas Water Heater, Microwave, Plumbed For Ice Maker, Refrigerator
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Family Room, Gas Log
  • Fireplaces: 1
  • Total Bedrooms: 9
  • Appliances Dishwasher: Yes
  • Appliances:Plumbed For Ice Maker: 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
  • Fireplace Features:Family Room: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Appliances:Electric Range: Yes
  • Fireplace Features:Gas Log: Yes
  • Appliances:Gas Water Heater: Yes
  • Attic Features:Walk-In Attic: Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Exterior Features: Lighting, Rain Gutters
  • Acres: 0.37
  • Construction Type: Fiber Cement, Masonite
  • Foundation Details: Slab
  • Patio And Porch Features: Patio
  • Construction Materials:Fiber Cement: Yes
  • Exterior Features:Rain Gutters: Yes
  • Lot Features:Landscaped: Yes
  • Patio And Porch Features:Patio: Yes
  • Window Features:Insulated Windows: Yes
  • Construction Materials:Masonite: Yes
  • Exterior Features:Lighting: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Concrete, Driveway, Garage, Garage Faces Front
  • Parking Features:Garage: Yes
  • Parking Features:Concrete4: Yes
  • Parking Features:Driveway: Yes
  • Parking Features:Garage Faces Front: Yes
  • General Property Information:Garage Spaces: 2.0

Utilities

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

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • Lot Dimensions: See Plat Map
  • Lot Size Sq Ft: 16117.2
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2565.0
  • Tax Year: 2021

MLS Schools

  • Elementary School: Wake - North Ridge

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 9, 2021
Closed on
Aug 26, 2021
Sold by
Pelone Shelley S
Bought by
James Living Trust
Seller's Agent
Ida Terbet
Coldwell Banker HPW
Buyer's Agent
Ashley Gronewald
Relevate Real Estate Inc.
List Price
$349,900
Sold Price
$430,000
Premium/Discount to List
$80,100
22.89%
Current Estimated Value
$474,816

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,816
Avg. Annual Appreciation
2.46%
Original Mortgage
$344,000
Outstanding Balance
$312,547
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$162,269

Purchase Details

Closed on
Feb 22, 2008
Sold by
Pelone Wm Michael and Pelone William Michael
Bought by
Pelone Shelley S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,500
Interest Rate
5.2%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 25, 2006
Sold by
Apostolopoulos Eula
Bought by
Pelone Wm Michael and Pelone Shelley S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,600
Interest Rate
6.41%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 27, 1999
Sold by
Dolezal Joyce H and Ungemach Edward J
Bought by
Apostolopoulos Eula
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
James Living Trust $430,000 --
Pelone Shelley S -- None Available
Pelone Wm Michael $195,000 None Available
Apostolopoulos Eula $161,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open James Living Trust $344,000
Previous Owner Pelone Shelley S $150,500
Previous Owner Pelone Wm Michael $155,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/15/2023 12/15/23 Off Market $430,000 -- --
08/31/2021 08/31/21 Sold $430,000 +22.9% $234 / Sq Ft
07/19/2021 07/19/21 Pending -- -- --
07/15/2021 07/15/21 For Sale $349,900 -- $190 / 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
2025 $3,926 $447,908 $159,500 $288,408
2024 $3,910 $447,908 $159,500 $288,408
2023 $2,925 $266,520 $70,000 $196,520
2022 $2,719 $266,520 $70,000 $196,520
2021 $2,613 $266,520 $70,000 $196,520
2020 $2,566 $266,520 $70,000 $196,520
2019 $2,481 $212,385 $63,000 $149,385
2018 $2,341 $212,385 $63,000 $149,385
2017 $2,229 $212,385 $63,000 $149,385
2016 $2,184 $228,983 $63,000 $165,983
2015 $2,249 $215,238 $56,000 $159,238
2014 $2,133 $215,238 $56,000 $159,238
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2394459

Doorify MLS

APN: 1717.08-89-2260-000