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1538 Michelle Drive

1538 Michelle Drive, Raleigh, NC 27614
1 Units For Sale
Unit for sale at 1538 Michelle Drive, Raleigh, NC 27614

$510,000

  • Loft
  • 2.5 Baths
  • 2,473 ft²
1538 Michelle Drive, Raleigh, NC 27614 Listing by Tallie Griffith

1538 Michelle Drive in Raleigh, NC was first built in 2003 and is 21 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a conventional style. There are a total of 2 floors. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 1538 Michelle Drive has 2,448 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 6,098 square feet.

Learn more about the property and building on this page. The home has a gable style roof. Water for the property is sourced from a water system. The property is connected to a sewer system. For those who need parking, there is a garage. The garage is 200 sqft. The exterior walls of the home are made of alum/vinyl siding. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system and being fueled with gas. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1538 Michelle Drive sold most recently in Dec 19, 2023 for a total of $480,000. If you work out the math, that's approximately a cost of $196.08 per sqft. Before that, the property was also sold for $440,000 in Nov 23, 2021. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $3,483 in taxes each year. 1538 Michelle Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $317,667. If we break it down further, the land itself was valued at $74,000. Improvements to the property, however, were assessed at a total of $243,667. The property's total market value has been marked the same as the total assessed value which is pretty typical. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation.

Building Features

Parking

Garage Parking
This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20191010
10/10/2019
4 Bed
3 Bath
2450 ft²
$319,900
bedrooms
4 Bed
bathrooms
3 Bath
square feet
2450 ft²
-
-
-
-

Building Info

Overview

    General

  • Year Built: 2003
  • Effective Year Built: 2003
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Style: Conventional
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Gable
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 200
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,098
  • Total Building Area: 2,448
  • Building Area: 2,448
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,448
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: ENCLAVE FALLS RIVER
  • Land Acres: 0.14
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LO25 THE ENCLAVE @ FALL RIVER BM2002-01674

Ownership

  • Current Owner : KOONS WILLIAM
  • Current Owner 2: KOONS PAMELA MEIER
  • Previous Owner : ZAMBO JOSEPH K
  • Previous Owner 2: ZAMBO JENNIFER C
  • Owner Before Previous Owner: SIMS CLAYTON B
  • Owner Before Previous Owner 2: SIMS KRISTIN
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 054019

Zoning

  • Zoning: PD

Geography

  • Account Number: 0302870
  • District: 13
  • Parcel: 1729.03-31-6647 0302870
  • Lot: 25
  • Municipality: NEUSE
  • Latitude: 35.9245
  • Longitude: -78.5824

    Address

  • Full Address: 1538 Michelle Dr
  • Address - House Number: 1538
  • Address - Street Name: Michelle
  • Address - Suffix Type: Dr
  • State: NC
  • City Name: Raleigh
  • Carrier Code: R007
  • 4-Digit Zip Code: 7012
  • Zip Code: 27614

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,483

    Appraisal Valuation

  • Standard Deviation: 0.068
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 96
  • Final Value: 500,841
  • High Value: 534,933
  • Low Value: 466,750

    Market Valuation

  • Market Total Value: $317,667
  • Market Land Value: $74,000
  • Market Improvement Value: $243,667

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $317,667
  • Assessed Land Value: $74,000
  • Assessed Improvements Value: $243,667

    Sales

  • Current Sale Contract Date: Dec 19, 2023
  • Current Sale Recording Date: Dec 19, 2023
  • Current Sale Transaction ID: 11918427473
  • Current Sale Price: $480,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Nov 24, 2021
  • Previous Sale Contract Date: Nov 23, 2021
  • Previous Sale Amount: $440,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: BANK OF AMERICA NA
  • Previous Mortgage Transaction Date: Nov 24, 2021
  • Previous Mortgage Loan Amount: $352,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Dec 01, 2051

About North Raleigh



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Frequently Asked Questions

What neighborhood is 1538 Michelle Drive located in?
The 1538 Michelle Drive is a house located in the neighborhood of The Enclave at Falls River in North Raleigh, Raleigh.
How many listings are currently for sale in 1538 Michelle Drive?
This is a single-family home. The property is currently on the market for sale.
What is the average sales price for listings in 1538 Michelle Drive?
The average sales price for units in 1538 Michelle Drive is $510,000 , or $206/sqft. currently.

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