See Home Value
Wake 27614 Devon
1001 Watersmeet Lane
$1,318,870*
House - Off Market

1001 Watersmeet Lane

Raleigh, NC 27614
bedrooms
5 Beds
bathrooms
7 Baths, 1 Half Bath
square feet
8645 Sqft
$896,000 - $1,094,000
Reference Base Price*
32.55%
Since Dec 1, 2020
National-US
Primary Model
Sold Feb 25, 2021
$900,000
$750,000 by Coastal Federal Credit Union
Mortgage Due Apr 01, 2052
Sold Sep 10, 2019
$1,053,886

About This Property

MAJOR PRICE REDUCTION!! Brick/stone accents, cul-de-sac lot in Devon. Elegant living room/dining room, master w/study and fp, true luxury bath. Gourmet kitchen amazing counterspace open to family room. 2nd floor: 3 bed plus huge bonus. 3rd floor walk up attic (1140 unfin sf). Full basement: media room, fitness room w/mirrors, kitchen, inside/outside entrance. Circular drive/central water fountain. Too many upgrades and extras to list. NC Disc not required, addenda comes after offer negotiated. Sold as is

The manager has listed the unit size as 8645 square feet.
Unit Size
8,645Ft²
Days on Market
-
Land Size
1.02 acres
Price per sqft
$115
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2002

Price History

Date / Event Date Event Price
Feb 25, 2021 Sold to Koren Bowman, Marcus Bowman $900,000
Sold to Koren Bowman, Marcus Bowman
Nov 10, 2020 Relisted $995,000
Relisted
Nov 9, 2020 No longer available -
No longer available
Nov 6, 2020 No longer available -
No longer available
Oct 23, 2020 Price Decreased $995,000
↓ $34K (3.3%)
Price Decreased
Show More

Property Highlights

Fireplace
Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 2002
  • Effective Year Built: 2002
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Construction Type: Brick
  • Building Style: Conventional
  • Exterior Walls Type: Brick
  • Roof Shape Type: Hip
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 1,381
  • Garage Type: Garage
  • Garage Square Area: 919
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 44,431
  • Total Building Area: 8,489
  • Building Area: 8,489
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 8,489
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: DEVON SUB
  • Land Acres: 1.02
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LO20 DEVON SUB PH2 BM2000-01778

Ownership

  • Current Owner : BOWMAN KOREN
  • Current Owner 2: BOWMAN MARCUS
  • Previous Owner : MORGAN STANLEY PRIVATE BANK NA
  • Owner Before Previous Owner: SUMMERFIELD FRANK
  • Owner Before Previous Owner 2: SUMMERFIELD JOE NELL
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Wake County Schools
  • School Tax School District: 23
  • Census Tract: 053808

Zoning

  • Zoning: R-80W

Geography

  • Account Number: 0282027
  • District: 02
  • Subdivision Phase Number: 2
  • Parcel: 1719.03-40-1193 0282027
  • Lot: 20
  • Municipality: BARTON'S CREEK
  • Latitude: 35.9202
  • Longitude: -78.6142

    Address

  • Full Address: 1001 Watersmeet Ln
  • Address - House Number: 1001
  • Address - Street Name: Watersmeet
  • Address - Suffix Type: Ln
  • State: NC
  • City Name: Raleigh
  • Carrier Code: R022
  • 4-Digit Zip Code: 8339
  • Zip Code: 27614

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $8,925
  • Intital Tax Deliquent Year: 2020

    Appraisal Valuation

  • Standard Deviation: 0.0687
  • Valuation Date: Aug 31, 2022
  • Confidence Score: 96
  • Final Value: 1,163,408
  • High Value: 1,243,340
  • Low Value: 1,083,476

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $750,000
  • First Open Lien Mortgage Lender: COASTAL FEDERAL CREDIT UNION
  • First Open Lien Mortgage Recording Date: Mar 25, 2022
  • First Open Lien Mortgage Loan Amount: $750,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Balloon
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2052

    Market Valuation

  • Market Total Value: $1,233,073
  • Market Land Value: $290,000
  • Market Improvement Value: $943,073

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $1,233,073
  • Assessed Land Value: $290,000
  • Assessed Improvements Value: $943,073

    Sales

  • Current Sale Contract Date: Feb 10, 2021
  • Current Sale Recording Date: Feb 25, 2021
  • Current Sale Transaction ID: 11834137727
  • Current Sale Price: $900,000
  • Current Sale Document Type: Special Warranty Deed
  • Previous Sale Recording Date: Sep 10, 2019
  • Previous Sale Contract Date: Sep 09, 2019
  • Previous Sale Amount: $1,053,886
  • Previous Sale Document Type: Trustee's Deed (Certificate of Title)

    Last Sale Mortgage

  • First Mortgage Lender: COASTAL FCU
  • First Mortgage Transaction Date: Feb 25, 2021
  • First Mortgage Loan Amount: $750,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2051



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
4 Beds
3.5 Baths
3,702 ft²
$270/ft²
$999,500 Oct 17, 2023
-
$227/mo

About Devon


Similar Homes for Sale

Unit for sale at 5109 Deer Forest Trail, Raleigh, NC 27614

$999,500

  • 4 Beds
  • 3.5 Baths
  • 3,702 ft²
5109 Deer Forest Trail, Raleigh, NC 27614 Listing by Christine Eisenberg

Nearby Rentals

Unit for rent at

$2,300 /mo

  • 4 Beds
  • 2.5 Baths
Listing by Cody Cooper


Frequently Asked Questions

When was property at 1001 Watersmeet Lane built and last sold?
The property at 1001 Watersmeet Lane was built in 2002 and last sold on Feb 10, 2021 for $900,000.
How much is this home worth?
The estimated value of the home located at 1001 Watersmeet Lane is $997,638.
What are some comparable homes to 1001 Watersmeet Lane?
There are currently no comparable homes to 1001 Watersmeet Lane.

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