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3521 Banks Rd, Raleigh, NC, 27603

$1,025,000

Home List Price

$10,000*

Closing Credit

4 Bedrooms
2 Full Baths
2,924 SqFt
$351/SqFt
House

Location

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3521 Banks Rd, Raleigh$1,025,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence
ParkingAttached, Driveway, Garage, Gravel, Other
Attached Garage2 spaces
Year Built1920
HeatingForced Air, Zoned
CoolingCentral Air, Zoned, Ceiling Fan(s)
FireplaceFamily Room, Gas Log, Living Room, Primary Bedroom
MLS #10057182
Lot Size6.32 Acres
StatusActive

About 3521 Banks Rd

The small chasm between a home becoming a haven is distinctively crossed and achieved once you hit the gravel driveway that takes you to the idyllic homestead of this historic, farm-style home. Situated on over 6-acres of rolling pastures, creeks, and woods, the equestrian anchored land is equipped with a 5-stall barn, paddock and horse arena, and white-fenced lined property. On land that is meant to be enjoyed and consumed with play and pleasure, don't miss the filtered pool that is easily mistaken for a small pond, enjoy the crackling fire pit and have your guests seated around the sleeping porch to soak up the serenity. Step inside to this piece of classic American architecture with hardwoods throughout, ample space to live, work, and play, and enjoy the updated play/schooling space that adds to the downstairs living area. The unique combination of location, land, and liberty all amass here in a way that is quite simply put: astonishing. Drive on in and let the haven speak for itself.

Property Details

Property Features

Property Information:

  • Architectural Style: Colonial, Farm House
  • Year Built: 1920
  • Living Area: 2,924 SqFt

Listing Office:

  • Office Name: Lovette Properties LLC
  • Office Phone: (919) 413-7664
  • Listing Agent: Sandy Roberts

Interior Features

Interior Information:

  • Appliances: Dishwasher, Electric Range
  • Basement: No
  • Flooring Type: Ceramic Tile, Hardwood
  • Interior: Bookcases, Ceiling Fan(s), Granite Counters, High Ceilings, High Speed Internet, Primary Downstairs, Smooth Ceilings
  • Fireplace: Family Room, Gas Log, Living Room, Primary Bedroom

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Exterior: Porch/Covered, Porch, Screened Porch, Fire Pit, Private Yard

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Attached, Driveway, Garage, Gravel, Other

Lot Features

Lot Information:

  • Lot: Corner Lot, Greenbelt, Trees, Landscaped, Pasture
  • Lot Size: 6.32 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Zoned
  • Cooling: Central Air, Zoned, Ceiling Fan(s)

Other

Directions Information:

  • Directions: I-40 or Downtown Raleigh, Go south on Hwy 401 towards Fuquay-Varina, Left on Banks Road, the property is 1/2 mile on the right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,025,000
  • Price Per SqFt: $351/SqFt

Tax Information:

  • Annual Amount: $4,618
  • Tax Year: 2021
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Housing Market Comparison

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

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Raleigh, NC

City

Med. Sold Price

$442.3K

Med. Price/SqFt

$233

Avg. Days On Market

36

# of Sold Homes

467

3521 Banks Rd vs Raleigh

36 DAYS ON ROCKET

-0 Day

$1,025,000

+$582.6K More

$351/SqFt

+$117 More

KEY TAKEAWAY

This property is $582.6K more than the Median Sold Price and $117/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: #10057182

Listing Office:

  • Office Name: Lovette Properties LLC
  • Office Phone: (919) 413-7664
  • Listing Agent: Sandy Roberts

IDX Copyright © 2024 Doorify MLS of North Carolina. All rights reserved. Listings marked with a Doorify MLS icon are provided courtesy of the Doorify MLS, of North Carolina, Internet Data Exchange Database. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use.

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: 11/13/2024, 11:51:25 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Mar 08, 2018Home Sold
$650,000
Sep 25, 2017Home Sold
$640,000

Tax History

YEARPROP. TAXASSESSMENT
2021$4,618$654,274
2020$4,541$654,274
2019$3,084$408,319
2018$2,416$336,948

History based on county public records data.

Payment Calculator

$5,183

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,140

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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.

Nearby Schools

school-card-donut-72963
3
/10

  • Banks Road Elementary School

  • 10225 Chambers Rd

  • 0.22 miles

  • Public District Grades PK-5

school-card-donut-72964
4
/10

  • Vance Elementary School

  • 8808 Old Stage Rd

  • 2.66 miles

  • Public District Grades PK-5

school-card-donut-72965
7
/10

  • Willow Springs Elementary School

  • 6800 Dwight Rowland Rd

  • 3.05 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $61,045. Most Raleigh, NC residents have annual incomes between $35k-100k. The most common type of family is single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Living In Raleigh, NC

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

What type of housing is available in Raleigh, NC?

Raleigh's housing market showcases a diverse array of options, with single-family homes being a significant presence, reflecting a mix of contemporary and colonial architecture. Apartments and condominiums offer alternatives for those seeking urban living, particularly in the downtown area. The city has experienced growth with new housing developments, adding modern amenities to the market.

Is Raleigh, NC a good place to live?

Raleigh is celebrated for its vibrant cultural scene and green spaces. The community prides itself on a blend of urban sophistication and southern charm, with annual events like the International Bluegrass Music Festival highlighting its cultural diversity. The city's character is further defined by its numerous parks and a strong focus on family-friendly activities.

Are things conveniently located in Raleigh, NC?

The city is served by a robust educational system, including a variety of public and private schools, and is home to several higher education institutions, such as North Carolina State University. Healthcare services are comprehensive, with multiple hospitals and clinics catering to a range of medical needs. Retail and dining options are plentiful, reflecting Raleigh's regional cuisine and fashion, and the city is proactive in adapting services to meet the evolving needs of its residents.

What does the transportation in Raleigh, NC look like?

Raleigh's transportation infrastructure includes an extensive network of buses that connect various parts of the city. While some areas boast high walkability, particularly in downtown and certain residential neighborhoods, others are more car-dependent. The city is also connected by major highways, facilitating travel to neighboring cities and states. Efforts are ongoing to enhance the efficiency and accessibility of the city's transportation system.

Frequently Asked Questions About 3521 Banks Rd

What is the listing price of this property?

The listing price of 3521 Banks Rd property is $1,025,000.

What type of property is this?

The property 3521 Banks Rd is a house located in Raleigh, North Carolina, 27603.

Is this property for sale now?

Active Listing: 3521 Banks Rd 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 $4,618 (source: MLS/based on county public records data).

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

The last sale was on March 8, 2018 for $650,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 3521 Banks Rd has 4 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 3521 Banks Rd is 2,924 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 3521 Banks Rd is 1920.

Rocket Homes›North Carolina›Wake County›Raleigh›27603›3521 Banks Rd

This home is located at 3521 Banks Rd in Raleigh, NC and zip code 27603. This 2,924 square foot home, which was built in 1920, sits on a 6.32 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since October 09, 2024 and is currently priced at $1,025,000.

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. The number of homes for sale in Raleigh, NC increased by 2.3% between September 2024 and October 2024. While the average time on the market in October 2024 was 36 days, the median list price was $442,333.

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

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