See Home Value
$423,000 - $517,000
House - Off Market

5248 Covington Bend Drive

Raleigh, NC 27613
bedrooms
3 Beds
bathrooms
2.5 Baths, 1 Half Bath
square feet
1928 Sqft
Sold Mar 27, 2024
$470,000
$446,500 by Rocket Mortgage Llc
Mortgage Due Apr 01, 2054
Sold Jul 15, 2014
$255,000
$204,000 by North State Bank
Mortgage Due Aug 01, 2044

About This Property

Nestled in a serene and sought-after community, this exceptional home features a spacious open layout, providing ample space for comfort and privacy.  Kitchen features stainless appliances and a center island - perfect for food prep and entertaining. Adjoining the kitchen is the dining area open to the living area with a cozy fireplace, creating a warm, inviting atmosphere for gatherings.  The primary bedroom boasts a large walk-in closet and en-suite bathroom.  Additional well-sized bedrooms and large bonus room are versatile - suitable for family, guests, home office or flex space.  The backyard offers a private oasis w/ deck and mature landscaping, ideal for outdoor activities and relaxation. The property also features a dedicated laundry room, a two car garage and a huge storage room off the garage with potential to add additional square footage.  Located in a vibrant and active community, close to shopping, dining, entertainment, top-rated schools, RDU Airport, RTP and ample recreational options, this home offers the peace of suburban living with the convenience of city amenities.  Don't miss the opportunity to make this your new home!

The manager has listed the unit size as 1928 square feet.
Unit Size
1,928Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$244
Property Type
House
Property Taxes
$292
HOA Dues
$65
Year Built
1994

Price History

Date / Event Date Event Price
Mar 29, 2024 No longer available -
No longer available
Mar 3, 2024 In contract -
In contract
Feb 29, 2024 Listed $470,000
Listed
Jul 15, 2014 Sold to Jeremy Andrews $255,000
Sold to Jeremy Andrews

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1994
  • Effective Year Built: 1994
  • Total Rooms: 8
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Construction Type: Frame
  • Building Style: Conventional
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 483
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 8,276
  • Total Building Area: 1,943
  • Building Area: 1,943
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,943
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: THE PLACE AT HARRINGTON GROVE
  • Land Acres: 0.19
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LO24 PLACE @ HARRINGTON GRVE PH1 BM1993-01338

Ownership

  • Current Owner : CHLARSON JONATHAN
  • Current Owner 2: CHLARSON KATIE
  • Previous Owner : ANDREWS JEREMY
  • Previous Owner 2: ANDREWS JAMIE LYNN
  • Owner Before Previous Owner: BARNES JEFFREY P
  • Owner Before Previous Owner 2: BARNES LAUREN
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 053719

Zoning

  • Zoning: R-6

Geography

  • Account Number: 0202255
  • District: 08
  • Subdivision Phase Number: 1
  • Parcel: 0779.04-61-2498 0202255
  • Lot: 24
  • Municipality: LEESVILLE
  • Latitude: 35.9245
  • Longitude: -78.7423

    Address

  • Full Address: 5248 Covington Bend Dr
  • Address - House Number: 5248
  • Address - Street Name: Covington Bend
  • Address - Suffix Type: Dr
  • State: NC
  • City Name: Raleigh
  • Carrier Code: R066
  • 4-Digit Zip Code: 5636
  • Zip Code: 27613

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,500

    Appraisal Valuation

  • Standard Deviation: 0.0681
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 96
  • Final Value: 472,861
  • High Value: 505,088
  • Low Value: 440,633

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $446,500
  • First Open Lien Mortgage Lender: ROCKET MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Mar 27, 2024
  • First Open Lien Mortgage Loan Amount: $446,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2054

    Market Valuation

  • Market Total Value: $319,249
  • Market Land Value: $85,000
  • Market Improvement Value: $234,249

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $319,249
  • Assessed Land Value: $85,000
  • Assessed Improvements Value: $234,249

    Sales

  • Current Sale Contract Date: Mar 22, 2024
  • Current Sale Recording Date: Mar 27, 2024
  • Current Sale Transaction ID: 11923589777
  • Current Sale Price: $470,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Jul 15, 2014
  • Previous Sale Contract Date: Jul 12, 2014
  • Previous Sale Amount: $255,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: ROCKET MORTGAGE LLC
  • First Mortgage Transaction Date: Mar 27, 2024
  • First Mortgage Loan Amount: $446,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2054

    Previous Mortgages

  • Previous Mortgage Lender: NORTH STATE BANK
  • Previous Mortgage Transaction Date: Jul 15, 2014
  • Previous Mortgage Loan Amount: $204,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Aug 01, 2044



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
2.5 Baths
1,866 ft²
$236/ft²
$441,000 Aug 26, 2023
-
$345/mo
House
3 Beds
2.5 Baths
1,400 ft²
$271/ft²
$380,000 Oct 11, 2023
-
$356/mo

About Umstead


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  • 1,400 ft²
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Nearby Rentals

Unit for rent at 12437 N Exeter Way, Durham, NC, 27703

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Frequently Asked Questions

When was property at 5248 Covington Bend Drive built and last sold?
The property at 5248 Covington Bend Drive was built in 1994 and last sold on Mar 22, 2024 for $470,000.
How much is this home worth?
The estimated value of the home located at 5248 Covington Bend Drive is $475,495.
What are some comparable homes to 5248 Covington Bend Drive?
Homes that are comparable to 5248 Covington Bend Drive include a house property at 5508 Roan Mountain Place, 5208 Halcott Court, which are both great to check out.

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