NOT LISTED FOR SALE

1021 Palace Garden Way Raleigh, NC 27603

Renaissance Park Neighborhood

Estimated Value: $646,000 - $854,000

6 Beds
5 Baths
3,242 Sq Ft
$231/Sq Ft Est. Value

Last Sold January 27, 2022

Last sale price $647,000 $200 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $4,725/month

28 Days on Market

Highlights

  • Fitness Center
  • High Ceiling
  • Community Pool
  • Traditional Architecture
  • Granite Countertops
  • Enclosed patio or porch

About This Home

As of January 2022

One of only seven homes in the development with a FINISHED BASEMENT, enjoy a versatile space inclusive of a living room, kitchenette, bedroom and full bath as well as two flex spaces within. Convert to a guest or mother in-law suite and still have plenty of space for a media room, and game room plus an additional living area which has access out to the deck and backyard – a fantastic layout for parties! Back yard includes a fully fenced yard; Grill out on the lower patio with privacy trellis

Last Agent to Sell the Property

BRENDA COATS

Coats & Co LLC License #263215 Listed on: 09/29/2021

Last Buyer's Agent

Lynn Parker

Haynes Properties License #294218

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2013

Lot Details

  • 7,841 Sq Ft Lot
  • Landscaped

HOA Fees

  • $74 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Traditional Architecture

Interior Spaces

  • 2-Story Property
  • Tray Ceiling
  • High Ceiling
  • Gas Log Fireplace
  • Home Security System
  • Finished Basement

Kitchen

  • Gas Range
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Walk-In Closet
  • 5 Full Bathrooms
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Laundry on upper level

Outdoor Features

  • Enclosed patio or porch

Schools

  • Wake County Schools Elementary And Middle School
  • Wake County Schools High School

Utilities

  • Zoned Cooling
  • Heating System Uses Natural Gas
  • Heat Pump System
  • Gas Water Heater
  • Water Purifier

Community Details

Overview

  • Renaissance Park Subdivision

Recreation

  • Fitness Center
  • Community Pool

Home Details

Home Type

Single Family

Year Built

Built in 2013

Lot Details

0

HOA Fees

$74 per month

Parking

2

Listing Details

  • Year Built: 2013
  • Prop. Type: Residential
  • Subdivision Name: Renaissance Park
  • Above Grade Finished Sq Ft: 1779.0
  • Architectural Style: Traditional
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Contract Information Ownership Type: Other
  • General Property Information Above Grade Unfinished Area: 1779.0
  • General Property Information Below Grade Unfinished Area: 1472.0
  • General Property Information Total Unfinished Area2: 3251.0
  • General Property Information Lot Size Dimensions: See recorded map
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: Yes
  • General Property Information Fireplace YN: Yes
  • Flooring Tile: Yes
  • Laundry Features Laundry Room: Yes
  • Sewer:Public Sewer: Yes
  • Structure Type Site Built: Yes
  • Water Source Public: Yes
  • Cooling Zoned: Yes
  • Flooring Carpet: Yes
  • Interior Features Separate Shower: Yes
  • Levels Two: Yes
  • Architectural Style Traditional: Yes
  • Laundry Features Upper Level: Yes
  • Appliances Refrigerators: Yes
  • Security Features Security System: Yes
  • General Property Information Above Grade Finished Area: 1779.0
  • General Property Information Below Grade Finished Area: 1463.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 7840.8
  • General Property Information Lot Size Acres: 0.18
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Tile
  • Interior Amenities: Granite Counters, High Ceilings, Separate Shower, Tray Ceiling(s), Walk-In Closet(s)
  • Basement: Finished
  • Appliances: Gas Range, Gas Water Heater, Refrigerator, Water Purifier
  • Basement YN: Yes
  • Full Bathrooms: 5
  • Total Bedrooms: 6
  • Below Grade Sq Ft: 1463.0
  • Fireplace Features: Gas Log
  • Fireplaces: 1
  • Total Bedrooms: 11
  • Interior Features:Granite Counters: Yes
  • Interior Features:High Ceilings: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Community Features:Street Lights: Yes
  • Interior Features:Tray Ceiling(s): Yes
  • Fireplace Features:Gas Log: Yes
  • Appliances:Gas Water Heater: Yes
  • Appliances:Gas Range: Yes
  • Basement Finished: Yes
  • Appliances:Water Purifier: Yes
  • Community Features:Fitness Center2: Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Acres: 0.18
  • Construction Type: Fiber Cement
  • Patio And Porch Features: Covered, Enclosed, Patio, Porch
  • Construction Materials:Fiber Cement: Yes
  • Lot Features:Landscaped: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Covered2: Yes
  • Patio And Porch Features:Patio: Yes
  • Patio And Porch Features:Enclosed2: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage
  • Parking Features:Attached: Yes
  • Parking Features:Garage: Yes
  • General Property Information:Garage Spaces: 2.0

Utilities

  • Heating: Heat Pump, Natural Gas
  • Cooling: Zoned
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Community Features: Fitness Center, Street Lights
  • Association Fee: 221.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Association/Amenities

  • Association Amenities:Pool: Yes
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 221.0
  • General Property Information:Association Fee Frequency: Quarterly

Schools

  • Ninth Grade High School: Wake County Schools
  • Middle Or Junior School: Wake County Schools

Lot Info

  • Lot Dimensions: See recorded map
  • Lot Size Sq Ft: 7840.8
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 451341.0
  • Tax Year: 2021

MLS Schools

  • Elementary School: Wake County Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 29, 2021
Closed on
Jan 24, 2022
Sold by
Paleja and Cheryl
Bought by
Smith Sanan and Gantt Richard Bruce
Seller's Agent
BRENDA COATS
Coats & Co LLC
Buyer's Agent
Lynn Parker
Haynes Properties
List Price
$647,000
Sold Price
$647,000
Current Estimated Value
$762,072

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$115,072
Avg. Annual Appreciation
4.73%
Original Mortgage
$428,041
Outstanding Balance
$401,269
Interest Rate
3.56%
Mortgage Type
FHA
Estimated Equity
$360,803

Purchase Details

Closed on
May 30, 2012
Sold by
Amelia Park Llc
Bought by
Paleja Parag and Paleja Cheryll

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
4.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Smith Sanan $647,000 None Listed On Document
Paleja Parag $409,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Sanan $428,041
Closed Smith Sanan $428,041
Previous Owner Paleja Parag $400,000
Previous Owner Paleja Parag $400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2023 12/15/23 Off Market $647,000 -- --
01/27/2022 01/27/22 Sold $647,000 0.0% $200 / Sq Ft
10/27/2021 10/27/21 Pending -- -- --
09/29/2021 09/29/21 For Sale $647,000 -- $200 / Sq Ft
Source: Doorify MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $5,735 $657,975 $120,000 $537,975
2023 $5,055 $461,892 $60,000 $401,892
2022 $4,697 $461,892 $60,000 $401,892
2021 $4,514 $461,892 $60,000 $401,892
2020 $4,432 $461,892 $60,000 $401,892
2019 $4,653 $399,739 $58,000 $341,739
2018 $4,388 $399,739 $58,000 $341,739
2017 $4,178 $399,739 $58,000 $341,739
2016 $4,093 $399,739 $58,000 $341,739
2015 $3,941 $378,674 $78,000 $300,674
2014 $3,738 $378,674 $78,000 $300,674
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2022

    BRENDA COATS

    Coats & Co LLC

    Section Image

  • L

    Buyer's Agent in 2022

    Lynn Parker

    Haynes Properties

    (919) 475-8654

    1 in this area

    51 Total Sales

    Section Image
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Map

Source: Doorify MLS

MLS Number: 2410722

Doorify MLS

APN: 1702.13-14-8436-000

North Carolina Wake County Raleigh 27603 Renaissance Park

1021 Palace Garden Way, Raleigh, NC

This home is located at 1021 Palace Garden Way, Raleigh, NC 27603 since 29 September 2021 and is currently estimated at $748,671, approximately $230 per square foot. This property was built in 2013. 1021 Palace Garden Way is a home located in Wake County with nearby schools including Smith Elementary, North Garner Middle, and Garner High.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Doorify MLS Some IDX listings have been excluded from this IDX display. 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. Listings marked with an icon are provided courtesy of the Doorify MLS, Inc. of North Carolina, Internet Data Exchange Database. 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. Copyright 2025 Doorify MLS, Inc. of North Carolina. All rights reserved.

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