Price Point: For $500K, country living close to Raleigh, ‘horses allowed’
This week’s Price Point looks at homes that sold recently for around $500,000 and found choices in Raleigh, Durham and Apex. Hands down, the Raleigh home offers best value for money in terms of lot size. It sits on three acres and includes a pool. The others are both townhomes on less than quarter-acre lots. Take a look.
7812 Poole Rd, Raleigh, 27610
Sold: $500,000 on June 2
Single-family ranch home with three bedrooms and three bathrooms on a 3.2-acre lot
Built in 1976, this all-brick ranch home home is about a 15-minute drive east of downtown Raleigh, and about a 30-minute drive northwest to Raleigh-Durham International Airport.
The 2,222-square-foot home offers “country living” with horses allowed close to downtown Raleigh, the listing said. The house underwent a remodel in 2016. It features new roof-plywood and shingles, well pipe, plumbing under house, garage door, deck, tankless gas water heater, and pool.
Price per square foot: $225
HOA fees: None
Taxes: $2,000 (estimated)
Last sold: 2016 for $210,000
Listed by: Shawn White, HomeTowne Realty Garner
5 Gardenview Pl, Durham, 27713
Sold: $505,000 on May 31
Transitional townhome with four bedrooms and three bathrooms on a .1-acre lot
Built in 2005, this townhome is on a cul de sac in Durham’s Southpoint Terrace subdivision. It’s about a 17-minute drive northeast to downtown Durham, and about a 17-minute drive east to Raleigh-Durham International Airport.
The 2,794-square-foot townhome offers granite kitchen counters, luxury vinyl-plank floors on the main level and bathrooms, third-floor bonus room and fenced yard.
Price per square foot: $181
HOA fees: $99 monthly
Taxes: $4,250 (estimated)
Last sold: 2019 for $307,000
Listed by: Colleen Ellis, Real Estate By Design
618 Metro Station, Apex, 27502
Sold: $500,000 on May 31
Transitional townhouse with three bedrooms and two and a half bathrooms on a .05-acre lot
Built in 2020, this townhome is in Apex, in The Villages of Apex subdivision. It’s about a 23-minute drive east to downtown Raleigh, and about a 23-minute drive north to Raleigh-Durham International Airport.
The 2,400-square-foot two-story townhome offers luxury vinyl-plank floors, granite counters, gas stove, stainless steel appliances, bonus room upstairs, and an owner’s suite, including a wrap-around walk-in closet.
Price per square foot: $208
HOA fees: $569 quarterly
Taxes: $3,600 (estimated)
Last sold: 2020 for $325,000
Listed by: Stacey Hourigan, Choice Residential Real Estate
This story was originally published June 7, 2023 at 8:30 AM.
