15 days on rocket

551 Competition Rd, Raleigh, NC, 27603

$700,000

Home List Price

$8,313*

Closing Credit

4 Bedrooms
2 Full Baths, 1 Partial
3,000 SqFt
$233/SqFt
House
Schools Nearby

Location

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551 Competition Rd, Raleigh$700,000

Buyer Closing Credits

$8,313*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence
Attached Garage2 spaces
Year Built2000
HeatingOther
CoolingCentral Air
MLS #10029949
Lot Size0.28 Acres
StatusActive

About 551 Competition Rd

Exquisite former parade of homes master piece located in the highly desirable Eagle Ridge subdivision and backing up to the 18th hole and walking distance to the pool, driving range and clubhouse! This stunning home comes complete with breathtaking open floor plan, 4 luxurious bedrooms including first floor owners suite, inviting 2.5 baths, 2 story relaxing family room with wall of windows for lovely natural lighting all year round, huge open island kitchen complete with separate seating area with double sided fireplace, Hardwoods & custom tile flooring, stay connected with in home intercom system, beautiful back deck looking out over the 18th hole perfect for spending time with family and friends while watching the final round, private workshop storage area under the deck, all of this located minutes from downtown Raleigh, make this gorgeous house your next home!

Property Details

Property Features

Property Information:

  • Architectural Style: Transitional
  • Year Built: 2000
  • Living Area: 3,000 SqFt

Listing Office:

  • Office Name: EXP Realty LLC
  • Office Phone: (888) 584-9831
  • Listing Agent: Beau Bourquin

Interior Features

Interior Information:

  • Flooring Type: Hardwood

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes

Lot Features

Lot Information:

  • Lot Size: 0.28 Acres

Utilities

Utilities Information:

  • Heating: Other
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Garner High School, Public Magnet Grades 9-12
  • Wake Early College of Health and Science, Public District Grades 9-12
  • North Garner Middle School, Public District Grades 6-8
  • Vance Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: 401 SOUTH, LEFT ON OLD STAGE, RIGHT ON WATERVILLE, LEFT ON COMPETITION

Price Information

Listing Price Info

Price Summary:

  • List Price: $700,000
  • Price Per SqFt: $233/SqFt

HOA Fees:

  • Amount: $300
  • Frequency: Semi-Annually

Tax Information:

  • Annual Amount: $4,580
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Raleigh, NC.

Med. Sold Price

$430.1K

Med. Price/SqFt

$230

Avg. Days On Market

28

# of Sold Homes

570

551 Competition Rd vs Raleigh

15 DAYS ON ROCKET

-13 Days

$700,000

+$269.8K More

$233/SqFt

+$2 More

KEY TAKEAWAY

This property is $269.8K more than the Median Sold Price and $2/SqFt more than other homes in Raleigh, NC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Triangle MLS
  • MLS Number: #10029949

Listing Office:

  • Office Name: EXP Realty LLC
  • Office Phone: (888) 584-9831
  • Listing Agent: Beau Bourquin

IDX Copyright © 2024 Triangle MLS, Inc. of North Carolina. All rights reserved.

Listings marked with an icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database.

The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental.

Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/1/2024, 12:50:39 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Aug 07, 2020Home Sold
$387,000
Aug 21, 2009Home Sold
$325,000

Tax History

YEARPROP. TAXASSESSMENT
2021$4,580$410,023
2020$4,518$376,565
2019$3,505$293,658
2018$3,390$293,658

History based on county public records data.

Payment Calculator

$3,611

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,165

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-6115628
4
/10
  • Vance Elementary School

  • 8808 Old Stage Rd

  • 0.94 miles

  • Public District Grades KG-5

Middle School

school-card-donut-6115629
5
/10
  • North Garner Middle School

  • 720 Powell Dr

  • 4.64 miles

  • Public District Grades 6-8

High School

school-card-donut-6115630
4
/10
  • Garner High School

  • 2101 Spring Dr

  • 3.41 miles

  • Public Magnet Grades 9-12

school-card-donut-6115631
10
/10
  • Wake Early College of Health and Science

  • 2901 Holston Ln

  • 9.37 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $77,443. The most common annual income of people living in Raleigh, NC is between $35k-100k. Most families are married, with kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 551 Competition Rd

What is the listing price of this property?

The listing price of 551 Competition Rd property is $700,000.

What type of property is this?

The property 551 Competition Rd is a house located in Raleigh, North Carolina, 27603.

Is this property for sale now?

Active Listing: 551 Competition Rd is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 551 Competition Rd are:
Vance Elementary School: GreatSchools Rating 4/10
North Garner Middle School: GreatSchools Rating 5/10
Garner High School: GreatSchools Rating 4/10
Wake Early College of Health and Science: GreatSchools Rating 10/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $4,580 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on August 7, 2020 for $387,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 551 Competition Rd has 4 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 551 Competition Rd is 3,000 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 551 Competition Rd is 2000.

Rocket Homes›North Carolina›Wake County›Raleigh›27603›551 Competition Rd

This home is located at 551 Competition Rd in Raleigh, NC and zip code 27603 in the Eagle Ridge neighborhood. This 3,000 square foot home, which was built in 2000, sits on a 0.28 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since May 16, 2024 and is currently priced at $700,000.

While more than 197 listings in Raleigh, NC in April 2024 were sold above asking price, there were more than 139 listings sold at asking price, and more than 234 were sold below. The number of listings in Raleigh, NC increased by 3.7% between March 2024 and April 2024. In April 2024 median list price was $430,193 and the average listing age was 28 days.

From Rocket Homes Real Estate and based on county public records data.

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