8 days on rocket

501 Spring Valley Dr, Raleigh, NC, 27609

$1,500,000

Home List Price

$10,000*

Closing Credit

4 Bedrooms
4 Full Baths, 1 Partial
4,021 SqFt
$373/SqFt
House

Location

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501 Spring Valley Dr, Raleigh$1,500,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAdditional Parking, Basement, Garage, Garage Faces Front, Garage Faces Side, Heated Garage
Attached Garage4 spaces
Year Built1967
HeatingForced Air, Natural Gas
CoolingCeiling Fan(s), Central Air, Electric
BasementYes
FireplaceDining Room, Family Room, Gas, Gas Log, Library, Living Room
MLS #10067154
Lot Size0.69 Acres
StatusActive

About 501 Spring Valley Dr

You will feel the timeless design of this Inside the Beltline, Jerry Miller home as soon as you pull in the drive and walk through the front door. Elegant updates provide contemporary luxuries while the home's layout maximizes its beautiful location and views. The home features many wonderful and unique spaces to entertain guests, private areas to escape and indulge including a large sitting room in the owner's suite, and a large screened-in porch with expansive deck that makes you feel like you are in a mountain getaway. The center of the home opens up to a bright and spacious area to dine, relax by the fireplace, or watch television while creating a focal point to entertain many guests and be the envy of your friends. The absolutely gorgeous modern kitchen features updated appliances, marble countertops, and custom cabinetry. The home has four bedrooms, four full baths, and a lower level recreation area for games & movies with family. Garage space for four cars, with the garage doors adding to the exterior beauty of the home. The convenience of this location cannot be matched - you can comfortably walk to North Hills and the drive to Five Points & downtown Raleigh is 5 to 10 minutes.

Property Details

Property Features

Property Information:

  • Architectural Style: Contemporary, Modernist
  • Year Built: 1967
  • Living Area: 4,021 SqFt

Listing Office:

  • Office Name: LPT Realty, LLC
  • Office Phone: (919) 376-7193
  • Listing Agent: George Wilson, John Dixon

Interior Features

Interior Information:

  • Appliances: Bar Fridge, Electric Range, Cooktop, Dishwasher, Double Oven, Dryer, Gas Water Heater, Microwave, Refrigerator, Stainless Steel Appliance(s), Washer
  • Basement: Yes
  • Flooring Type: Carpet, Ceramic Tile, Tile, Wood
  • Interior: Bathtub/Shower Combination, Bookcases, Built-in Features, Cathedral Ceiling(s), Ceiling Fan(s), Dry Bar, Kitchen Island, Natural Woodwork, Open Floorplan, Pantry, Quartz Counters, Second Primary Bedroom, Smooth Ceilings, Soaking Tub, Stone Counters, Storage, Tile Counters, Track Lighting, Vaulted Ceiling(s), Walk-In Closet(s), Walk-In Shower, Water Closet, Wet Bar
  • Fireplace: Dining Room, Family Room, Gas, Gas Log, Library, Living Room

Bedroom and Bathroom Information:

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

Exterior Features

Exterior Information:

  • Exterior: Porch/Covered, Porch Front, Porch, Screened Porch, Gutters, Smart Lock(s), Storage

Parking Information:

  • Garage Space: 4 spaces
  • Attached Garage: Yes
  • Parking: Additional Parking, Basement, Garage, Garage Faces Front, Garage Faces Side, Heated Garage

Lot Features

Lot Information:

  • Lot: Back Yard, Cul-De-Sac, Front Yard, Trees, Landscaped, Many Trees, Views, Wooded
  • Lot Size: 0.69 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas
  • Cooling: Ceiling Fan(s), Central Air, Electric

Other

Directions Information:

  • Directions: Take Lassiter Mill Rd. towards North Hill, Turn rt onto Spring Valley Rd, Home is at the end of the cut-de-sac on the right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,500,000
  • Price Per SqFt: $373/SqFt

Tax Information:

  • Annual Amount: $9,344
  • 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

$448.4K

Med. Price/SqFt

$234

Avg. Days On Market

42

# of Sold Homes

425

501 Spring Valley Dr vs Raleigh

8 DAYS ON ROCKET

-34 Days

$1,500,000

+$1.0M More

$373/SqFt

+$139 More

KEY TAKEAWAY

This property is $1.0M more than the Median Sold Price and $139/SqFt more than other homes in Raleigh, NC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Doorify MLS
  • MLS Number: #10067154

Listing Office:

  • Office Name: LPT Realty, LLC
  • Office Phone: (919) 376-7193
  • Listing Agent: George Wilson, John Dixon

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: 12/21/2024, 10:21:52 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 14, 2018Home Sold
$660,000
Jul 22, 2004Home Sold
$789,000

Tax History

YEARPROP. TAXASSESSMENT
2021$9,344$958,222
2020$9,172$958,222
2019$9,462$864,232
2018$9,011$864,232

History based on county public records data.

Payment Calculator

$7,554

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,564

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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-810285
5
/10

  • Root Elementary School

  • 3202 Northampton St

  • 0.42 miles

  • Public District Grades PK-5

school-card-donut-810286
5
/10

  • Douglas Magnet Elementary School

  • 600 Ortega Rd

  • 1.15 miles

  • Public Magnet Grades PK-5

school-card-donut-810287
3
/10

  • Brooks Magnet Elementary School

  • 700 Northbrook Dr

  • 1.15 miles

  • Public Magnet Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $118,088. The majority of Raleigh, NC residents have income between $100k-200k annually. The most common type of family is married, 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 501 Spring Valley Dr

What is the listing price of this property?

The listing price of 501 Spring Valley Dr property is $1,500,000.

What type of property is this?

The property 501 Spring Valley Dr is a house located in Raleigh, North Carolina, 27609.

Is this property for sale now?

Active Listing: 501 Spring Valley 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 $9,344 (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 14, 2018 for $660,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 501 Spring Valley Dr has 4 bedrooms and 4 full and 1 half bathrooms.

What is the square footage of this property?

The property 501 Spring Valley Dr is 4,021 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 501 Spring Valley Dr is 1967.

Rocket Homes›North Carolina›Wake County›Raleigh›27609›501 Spring Valley Dr

This home is located at 501 Spring Valley Dr in Raleigh, NC and zip code 27609 in the Inside the Beltline neighborhood. This 4,021 square foot home, which was built in 1967, sits on a 0.69 acre lot. Features: 4 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since December 13, 2024 and is currently priced at $1,500,000.

Over 67 listings were sold over their listed price in November 2024 in Raleigh, NC. In the same period over 257 listings were sold below the listed price and 101 listings were sold for the listed price. The number of listings in Raleigh, NC decreased by 9.7% between October 2024 and November 2024. While the average time on the market in November 2024 was 42 days, the median list price was $448,424.

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

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