7 months on rocket

723 Lake Boone Trl, Raleigh, NC, 27607

$2,250,000

Home List Price

$10,000*

Closing Credit

5 Bedrooms
5 Full Baths, 1 Partial
4,537 SqFt
$496/SqFt
House
Schools Nearby

Location

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723 Lake Boone Trl, Raleigh$2,250,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingGarage
Garage2 spaces
Year BuiltNew Const., 2023
HeatingNatural Gas, Zoned
CoolingCentral Air
MLS #2534799
Lot Size0.23 Acres
StatusActive

About 723 Lake Boone Trl

English cottage-style home crafted by DJF Builders and designed by Tony Frazier with thoughtful interior selections that make every room special. Light flows in from all directions. The Large kitchen has custom cabinets, a massive island, and flows perfectly into the family and breakfast room great for entertaining. Tucked away main floor primary with a chic bath, huge closet with stackable W/D. The second floor has a loft, rec room, 4 bedrooms with private baths. Covered porch with a cozy fireplace.

Property Details

Property Features

Property Information:

  • Architectural Style: Transitional
  • Year Built: 2023
  • Living Area: 4,537 SqFt

Listing Office:

  • Office Name: Compass -- Raleigh
  • Office Phone: (919) 726-6548
  • Listing Agent: Gretchen E Coley, Christian Beca

Interior Features

Interior Information:

  • Appliances: Gas Water Heater
  • Basement: No
  • Flooring Type: Carpet, Hardwood, Tile
  • Interior: Entrance Foyer

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 5
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Exterior: Porch

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: Garage

Lot Features

Lot Information:

  • Lot Size: 0.23 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Zoned
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Needham Broughton High School, Public Magnet Grades 9-12
  • Wake Early College of Health and Science, Public District Grades 9-12
  • Martin Middle School, Public Magnet Grades 6-8
  • Lacy Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: From Glenwood Ave, Turn right onto Edenburgh Rd, Continue onto Lake Boone Trail, Turn right to stay on Lake Boone Trail. Destination will be on the left

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,250,000
  • Price Per SqFt: $496/SqFt

Tax Information:

  • Annual Amount: $7,857
  • Tax Year: 2021
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Housing Market Comparison

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

Med. Sold Price

$425K

Med. Price/SqFt

$229

Avg. Days On Market

78

# of Sold Homes

507

723 Lake Boone Trl vs Raleigh

212 DAYS ON ROCKET

+134 Days

$2,250,000

+$1.8M More

$496/SqFt

+$267 More

KEY TAKEAWAY

This property is $1.8M more than the Median Sold Price and $267/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: #2534799

Listing Office:

  • Office Name: Compass -- Raleigh
  • Office Phone: (919) 726-6548
  • Listing Agent: Gretchen E Coley, Christian Beca

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: 4/29/2024, 12:50:22 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

Jun 30, 2021Home Sold
$990,000

Tax History

YEARPROP. TAXASSESSMENT
2021$7,857$805,496
2020$7,714$805,496
2019$6,614$603,538
2018$6,299$603,538

History based on county public records data.

Payment Calculator

$11.2K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$6,812

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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-2811059
5
/10
  • Lacy Elementary School

  • 2001 Lake Boone Trl

  • 0.59 miles

  • Public District Grades KG-5

Middle School

school-card-donut-2811060
5
/10
  • Martin Middle School

  • 1701 Ridge Rd

  • 0.84 miles

  • Public Magnet Grades 6-8

High School

school-card-donut-2811061
6
/10
  • Needham Broughton High School

  • 723 Saint Marys St

  • 2.12 miles

  • Public Magnet Grades 9-12

school-card-donut-2811062
10
/10
  • Wake Early College of Health and Science

  • 2901 Holston Ln

  • 5.27 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $72,897. Typical income of Raleigh, NC residents is between $35k-100k annually. Most families are single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 723 Lake Boone Trl

What is the listing price of this property?

The listing price of 723 Lake Boone Trl property is $2,250,000.

What type of property is this?

The property 723 Lake Boone Trl is a house located in Raleigh, North Carolina, 27607.

Is this property for sale now?

Active Listing: 723 Lake Boone Trl is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 723 Lake Boone Trl are:
Lacy Elementary School: GreatSchools Rating 5/10
Martin Middle School: GreatSchools Rating 5/10
Needham Broughton High School: GreatSchools Rating 6/10
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 $7,857 (source: MLS/based on county public records data).

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

The last sale was on June 30, 2021 for $990,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 723 Lake Boone Trl has 5 bedrooms and 5 full and 1 half bathrooms.

What is the square footage of this property?

The property 723 Lake Boone Trl is 4,537 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 723 Lake Boone Trl is 2023.

Rocket Homes›North Carolina›Wake County›Raleigh›27607›723 Lake Boone Trl

This home is located at 723 Lake Boone Trl in Raleigh, NC and zip code 27607 in the Inside the Beltline neighborhood. This 4,537 square foot home, which was built in 2023, sits on a 0.23 acre lot. Features: 5 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since September 29, 2023 and is currently priced at $2,250,000.

While more than 149 listings in Raleigh, NC in March 2024 were sold above asking price, there were more than 130 listings sold at asking price, and more than 228 were sold below. In March 2024 in Raleigh, NC there were 4.6% more homes for sale than in February 2024. While the average time on the market in March 2024 was 78 days, the median list price was $425,075.

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

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