A rare presale opportunity for the buyer that has an appreciation for architectural design. The first ever Alvarez Morris house plan is finally coming to Raleigh bringing a welcome elevated style to Raleigh's streetscape with LTB bringing it to life in the rarely available, highly sought after Anderson Heights. A stunning, thoughtful plan that simultaneously encompasses simplicity & luxury with hand selected designer finishes. A collaborative effort from the best in the business for a first-of-its-kind home in Raleigh.
Property Details
Property Features
Property Information:
Architectural Style: Traditional, Transitional
Year Built: 2024
Living Area: 5,831 SqFt
Listing Office:
Office Name: Insight Real Estate
Office Phone: (919) 802-4574
Listing Agent: Anne Godwin, Elizabeth Cranfill
Interior Features
Interior Information:
Appliances: Refrigerator, Dishwasher, Disposal, Gas Range, Microwave, Range Hood
Flooring Type: Carpet, Hardwood, Tile
Interior: Built-in Features, Butler's Pantry, Double Vanity, Entrance Foyer, High Ceilings, Kitchen Island, Pantry, Smooth Ceilings
Bedroom and Bathroom Information:
Partial Bathrooms: 1
Full Bathrooms: 6
Total Bedroom Count: 6
Exterior Features
Exterior Information:
Exterior: Porch Front, Patio, Porch, Gutters
Parking Information:
Garage Space: 2 spaces
Attached Garage: Yes
Parking: Garage, Garage Faces Front
Lot Features
Lot Information:
Lot: Back Yard, City Lot, Front Yard, Landscaped
Lot Size: 0.33 Acres
Utilities
Utilities Information:
Heating: Central, Forced Air
Cooling: Central Air
Other
Directions Information:
Directions: From Whitaker mill turn on to Pine, take a right on to Medway, home will be on the right
Price Information
Listing Price Info
Price Summary:
List Price: $3,050,000
Price Per SqFt: $523/SqFt
Tax Information:
Annual Amount: $4,517
Tax Year: 2021
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Raleigh, NC.
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: 11/15/2024, 8:20:56 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$4,517
$462,133
2020
$4,434
$462,133
2019
$3,629
$330,329
2018
$3,456
$330,329
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$15.2K
Per Month
Principal & Interest
$15.2K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$9,211
Powered By
Advertisement
NMLS#3030
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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
4
/10
Joyner Magnet Elementary School
2300 Lowden St
Distance between this listing and this school0.09 miles
Public Magnet Grades PK-5
7
/10
Underwood Magnet Elementary School
1614 Glenwood Ave
Distance between this listing and this school1.13 miles
Public Magnet Grades PK-5
5
/10
Root Elementary School
3202 Northampton St
Distance between this listing and this school1.14 miles
Public District Grades PK-5
Nearby Schools
4
/10
Oberlin Magnet Middle School
2816 Oberlin Rd
Distance between this listing and this school1.34 miles
Public District Grades 6-8
8
/10
Torchlight Academy
3211 Bramer Dr
Distance between this listing and this school1.73 miles
Public Charter Grades KG-8
2
/10
Carroll Magnet Middle School
4520 Six Forks Rd
Distance between this listing and this school1.94 miles
Public Magnet Grades 6-8
Nearby Schools
10
/10
Raleigh Charter High School
1307 Glenwood Ave
Distance between this listing and this school1.56 miles
Public Charter Grades 9-12
6
/10
Broughton Magnet High School
723 Saint Marys St
Distance between this listing and this school2.05 miles
Public Magnet Grades 9-12
2
/10
Phillips High School
1923 Milburnie Rd
Distance between this listing and this school2.16 miles
The neighbors living near this home have an average income of $42,957. Most Raleigh, NC residents have annual incomes between $35k-100k. Most families are single, no kids. Typical level of education for residents in this area is post secondary degree.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 2522 Medway Dr
What is the listing price of this property?
The listing price of 2522 Medway Dr property is $3,050,000.
What type of property is this?
The property 2522 Medway Dr is a house located in Raleigh, North Carolina, 27608.
Is this property for sale now?
Active Listing: 2522 Medway Dr is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $4,517 (source: MLS/based on county public records data).
How many bedrooms and bathrooms does this property have?
The property at 2522 Medway Dr has 6 bedrooms and 6 full and 1 half bathrooms.
What is the square footage of this property?
The property 2522 Medway Dr is 5,831 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 2522 Medway Dr is 2024.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 2522 Medway Dr in Raleigh, NC and zip code 27608 in the Inside the Beltline neighborhood. This 5,831 square foot home, which was built in 2024, sits on a 0.33 acre lot. Features: 6 bedrooms, 7 bathrooms. It has been listed on Rocket Homes since October 24, 2024 and is currently priced at $3,050,000.
In October 2024 more than 94 listings in Raleigh, NC were sold above the asking price. During the same period more than 103 listings were sold at asking price, while more than 270 were sold below. Between September 2024 and October 2024, Raleigh, NC real estate market has seen increase in the number of listings by 2.3%. The median list price of listings available in October 2024 was $442,333, while the average time on the real estate market was 36 days.
From Rocket Homes Real Estate and based on county public records data.