James J. Jiambalvo and Cheryl L. Jiambalvo sold a four-bedroom, three-bath home at 15227 SE 80th St., in Newcastle, to Michael C. Walter and Judith E. Walter for $1,500,000 on Nov. 14.

Built in 2005, the 5,550-square-foot, two-story home last sold for $1,800,000 in November 2005. It is located in the Reserve at Newcastle subdivision.

According to BlockShopper, there have been 159 home sales in Newcastle during the past 12 months with a median sale price of $513,500.

Address: 15227 Southeast 80th Street
Buyer(s): Michael C Walter and Judith E Walter
Seller(s): James J Jiambalvo and Cheryl L Jiambalvo
Sale date: Nov. 14, 2014