NOT LISTED FOR SALE

8705 Catamaran Dr Raleigh, NC 27615

Estimated Value: $712,000 - $803,000

4 Beds
2.5 Baths
3,180 Sq Ft
$232/Sq Ft Est. Value

Last Sold July 08, 2021

Last sale price $547,500 $172 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $4,375/month

4 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Bonus Room
  • Traditional Architecture
  • Attic
  • Breakfast Room

About This Home

As of July 2021

Welcome home to this classic N.Raleigh beauty! Great presence on corner cul de sac lot, w/2 car carriage GAR & side entry porch brings you into vaulted sunroom/foyer. Updated kitchen w/beautiful granite island, tile floor & backsplash, gas range, stainless appliances & walk-in pantry; family room with arched fireplace; 4 bedrooms & bonus w/wet bar up; secondary BAs w/granite counters/tile floors; MB w/dual sink & new owner's shower. Smooth ceilings & Hardwds, much of 1st floor. Laundry up, Walk-up attic!

Last Agent to Sell the Property

Beth Smoot

NextHome Triangle Properties License #196153 Listed on: 06/02/2021

NextHome Triangle Properties

Co-Listed By

Marcella Simmons

NextHome Triangle Properties License #192050

Last Buyer's Agent

Michael Cowan

Carolina's Choice Real Estate License #273451

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,677

Year Built

  • Built in 1987

Lot Details

  • 0.37 Acre Lot
  • Cul-De-Sac

HOA Fees

  • $26 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Traditional Architecture
  • Masonite

Interior Spaces

  • 3,180 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Gas Log Fireplace
  • Entrance Foyer
  • Family Room
  • Living Room
  • Breakfast Room
  • Dining Room
  • Bonus Room
  • Utility Room
  • Laundry on upper level
  • Crawl Space
  • Unfinished Attic

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Separate Shower in Primary Bathroom
  • Bathtub

Outdoor Features

  • Deck
  • Patio
  • Porch

Schools

  • Lead Mine Elementary School
  • Carroll Middle School
  • Sanderson High School

Utilities

  • Forced Air Heating and Cooling System
  • Floor Furnace
  • Heating System Uses Natural Gas
  • Electric Water Heater

Community Details

  • Towne Properties Association, Phone Number (919) 878-8787
  • Emerald Chase Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,677

Year Built

Built in 1987

Lot Details

0

HOA Fees

$26 per month

Parking

2

Listing Details

  • Year Built: 1987
  • Prop. Type: Residential
  • Co List Office Mls Id: 74121
  • Co List Office Phone: 919-213-7000
  • Subdivision Name: Emerald Chase
  • Above Grade Finished Sq Ft: 3180.0
  • Architectural Style: Traditional
  • 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: 733.0
  • General Property Information Total Unfinished Area2: 733.0
  • General Property Information Lot Size Dimensions: see survey
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: Yes
  • Appliances Microwave: Yes
  • Cooling Central Air: Yes
  • Flooring Tile: 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
  • Room Types Bedroom 2 Level: 2
  • Room Types Bedroom 3 Level: 2
  • Room Types Bedroom 4 Level: 2
  • Room Types Bonus Room: Yes
  • Room Types Dining Room2: Yes
  • Room Types Family Room2: Yes
  • Architectural Style Traditional: Yes
  • Room Types Primary Bedroom Level: 2
  • Laundry Features Upper Level: Yes
  • Room Types Utility Room: Yes
  • Room Types Living Room2: Yes
  • Room Types Breakfast Room: Yes
  • Interior Features Bathtub Only: Yes
  • General Property Information Association Phone: 919-878-8787
  • General Property Information Senior Community YN: No
  • Attic Features Unfinished2: Yes
  • General Property Information Above Grade Finished Area: 3180.0
  • 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
  • Interior Amenities: Bathtub Only, Ceiling Fan(s), Entrance Foyer, Separate Shower
  • Basement: Crawl Space
  • Appliances: Dishwasher, Electric Water Heater, Gas Range, Microwave
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Gas Log
  • Fireplaces: 1
  • Total Bedrooms: 11
  • Appliances Dishwasher: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Interior Features:Entrance Foyer: Yes
  • Basement:Crawl Space: Yes
  • Appliances:Electric Water Heater: Yes
  • Fireplace Features:Gas Log: Yes
  • Appliances:Gas Range: Yes
  • Attic Features:Walk-In Attic: Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Acres: 0.37
  • Construction Type: Masonite
  • Patio And Porch Features: Deck, Patio, Porch
  • Patio and Porch Features:Porch: Yes
  • Lot Features:Cul-De-Sac: Yes
  • Patio And Porch Features:Patio: Yes
  • Patio And Porch Features:Deck2: Yes
  • Construction Materials:Masonite: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Garage
  • Parking Features:Garage: Yes
  • General Property Information:Garage Spaces: 2.0

Utilities

  • Heating: Floor Furnace, Forced Air, Natural Gas
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes
  • Heating:Floor Furnace: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 310.0
  • Association Fee Frequency: Annually
  • Association Name: Towne Properties
  • Phone: 919-878-8787
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: Towne Properties
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 310.0
  • General Property Information:Association Fee Frequency: Annually

Schools

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

Lot Info

  • Lot Dimensions: see survey
  • Lot Size Sq Ft: 16117.2
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3677.0
  • Tax Year: 2020

MLS Schools

  • Elementary School: Wake - Lead Mine

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2021
Closed on
Jul 8, 2021
Sold by
Schaafsma James and Schaafsma Jennifer
Bought by
Fotioo Andrew and Sharara Mahmoud
Seller's Agent
Beth Smoot
NextHome Triangle Properties
Buyer's Agent
Michael Cowan
Carolina's Choice Real Estate
List Price
$539,000
Sold Price
$547,500
Premium/Discount to List
$8,500
1.58%
Current Estimated Value
$737,176

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$189,676
Avg. Annual Appreciation
7.27%
Original Mortgage
$520,125
Outstanding Balance
$471,933
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$265,243

Purchase Details

Closed on
Aug 8, 1996
Bought by
Schaafsma James F and Schaafsma Jennifer T
Source: Public Records

Range of Values:

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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
Fotioo Andrew $547,500 None Available
Schaafsma James F $236,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fotioo Andrew $520,125
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2023 12/15/23 Off Market $547,500 -- --
07/08/2021 07/08/21 Sold $547,500 +1.6% $172 / Sq Ft
06/07/2021 06/07/21 Pending -- -- --
06/03/2021 06/03/21 For Sale $539,000 -- $169 / 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 $5,293 $604,583 $150,000 $454,583
2024 $5,271 $604,583 $150,000 $454,583
2023 $4,359 $398,094 $95,000 $303,094
2022 $4,051 $398,094 $95,000 $303,094
2021 $3,893 $398,094 $95,000 $303,094
2020 $3,678 $382,942 $95,000 $287,942
2019 $3,711 $318,512 $85,000 $233,512
2018 $3,500 $318,512 $85,000 $233,512
2017 $3,333 $318,512 $85,000 $233,512
2016 $3,265 $318,512 $85,000 $233,512
2015 $3,504 $336,428 $105,000 $231,428
2014 $3,323 $336,428 $105,000 $231,428
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2387293

Doorify MLS

APN: 0798.20-82-8099-000