See Home Value
$685,000
● House - Off Market

12232 The Gates Drive

Raleigh, NC 27614
bedrooms
5 Beds
bathrooms
5 Baths, 1 Half Bath
square feet
4,393 Ft²
$1,268,946
RealtyHop Estimate
77.48%
Since Oct 1, 2015
National-US
Primary Model

About This Property

BEAUTIFUL HOME ON WOODED .93 ACRE LOT IN THE GATES! NO CITY TAXES, 1ST FLOOR MASTER AND PRIVATE GUEST SUITE + 3  BEDROOMS UP, 2 LARGE BONUS ROOMS, 2 STORY FAMILY ROOM WITH GORGEOUS STONE FIREPLACE & BOOKCASES, GOURMET KITCHEN W 5 BURNER GAS COOKTOP, WALKUP ATTIC, SCREENED PORCH, CIRCULAR DRIVE, ON DEMAND HWH RECIRCULATING PUMP, NEW DEHUMIDIFYING SYSTEM IN CRAWL, EPOXY COATED GARAGE FLOORS, UNDERGROUND DOG FENCING, 2 YEAR CPI SECURITY  PAID & WILL TRANSFER TO THE NEW BUYER. GREAT OPPORTUNITY !!!
Unit Size
4,393 Ft²
Days on Market
-
Land Size
0.93 acres
Price per sqft
$163
Property Type
House
Property Taxes
-
HOA Dues
$83
Year Built
2007

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Last updated: 2 years ago (TMLS #2009035)

Price History

Date / Event Date Event Price
Jun 19, 2024 No longer available -
No longer available
May 13, 2024 In contract -
In contract
May 12, 2024 Price Decreased $1,200,000
↓ $25K (2%)
Price Decreased
Apr 25, 2024 Listed by Pinnacle Group Realty $1,225,000
Listed by Pinnacle Group Realty
Executive home on large, wooded lot located in highly sought after The Gates at Ethan's Glen subdivision. Minutes from I-540, Wake Forest and Durham. Home features new roof (2024) and new upstairs HVAC (2023). Updated kitchen w/ double oven, Bosch dishwasher, gas cooktop, pantry and breakfast area. Kitchen is open to two-story family room w/ floor to ceiling stone fireplace. First floor master suite features walk-in closet and stunning newly updated bath. Main level also offers half bath and guest room w/ full bath. Private screened porch and large deck overlook wooded backyard. Second floor features game room with pool table, 3 bedrooms with 2 full baths and a huge bonus/theater/flex room. Large walkup attic with storage. Three car garage w/ epoxy floors and 2 large custom built storage platforms. Home also includes Kinetico water treatment system, underground fence system for pets, and front and backyard sprinkler system. Access to community pool, clubhouse and playground is included in HOA dues. The manager has listed the unit size as 4360 square feet.
Sep 22, 2015 Sold
Sold
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Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2007
  • Effective Year Built: 2007
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 2
  • Building Style: 15
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 175
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 5
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 595
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 40,511
  • Total Building Area: 4,431
  • Building Area: 4,431
  • Building Area Measurement: E

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 4,431
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: GATES ETHANS GLEN
  • Land Acres: 0000000930
  • Standard Land Use Code: 1001
  • County Land Use Code: 01
  • Legal Description 1: LO10 THE GATES AT ETHAN'S GLEN BM2006-01864

Neighborhood

  • School District Name: Wake County Schools
  • School Tax School District: 23
  • Census Tract: 053804

Zoning

  • Zoning: R-40W

Geography

  • Account Number: 0350586
  • District: 02
  • Parcel: 0891.03-42-6434 0350586
  • Lot: 10
  • Municipality: BARTON'S CREEK
  • Latitude: 35.9819
  • Longitude: -78.6802

    Address

  • Full Address: 12232 The Gates Dr
  • Address - House Number: 12232
  • Address - Street Name: The Gates
  • Address - Suffix Type: Dr
  • State: NC
  • City Name: Raleigh
  • Carrier Code: R001
  • 4-Digit Zip Code: 7320
  • Zip Code: 27614

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $549,064

    Appraisal Valuation

  • Standard Deviation: 0.1174
  • Valuation Date: Aug 31, 2022
  • Confidence Score: 87
  • Final Value: 1,193,239
  • High Value: 1,333,390
  • Low Value: 1,053,088

    Market Valuation

  • Market Total Value: $757,496
  • Market Land Value: $170,000
  • Market Improvement Value: $587,496

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $757,496
  • Assessed Land Value: $170,000
  • Assessed Improvements Value: $587,496

    Sales

  • Current Sale Contract Date: Sep 17, 2015
  • Current Sale Recording Date: Sep 22, 2015
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Previous Sale Recording Date: Sep 22, 2014
  • Previous Sale Contract Date: Sep 22, 2014
  • Previous Sale Amount: $667,500
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About The Gates at Ethans Glen


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Frequently Asked Questions

When was property at 12232 The Gates Drive built and last sold?
The property at 12232 The Gates Drive was built in 2007 and last sold on Sep 17, 2015 for $685,000.
How much is this home worth?
The estimated value of the home located at 12232 The Gates Drive is $0.
What are some comparable homes to 12232 The Gates Drive?
There are currently no comparable homes to 12232 The Gates Drive.