NOT LISTED FOR SALE

11029 Southwalk Ln Raleigh, NC 27614

Estimated Value: $406,000 - $428,808

3 Beds
2.5 Baths
1,665 Sq Ft
$251/Sq Ft Est. Value

Last Sold April 17, 2024

Last sale price $425,000 $255 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $2,838/month

1 Day on Market

Highlights

  • Deck
  • Traditional Architecture
  • Granite Countertops
  • Abbotts Creek Elementary School Rated A
  • End Unit
  • Breakfast Room

About This Home

As of April 2024

Stunning End Unit Townhome in Falls River! Unbeatable North Raleigh location - just a stroll away from shops, grocery stores, and dining spots. Recently upgraded granite countertops in kitchen and bath. New stainless steel appliances include a microwave, dishwasher, and electric range. Brand new carpeting, Luxury Vinyl Plank (LPV) flooring, and a freshly painted interior! New lighting fixtures throughout. Enjoy the convenience of townhome living without compromising privacy. Access to the community pool is conveniently nearby and available for an additional fee.

Last Agent to Sell the Property

Judy Gallagher

Five Over Four Realty License #310068 Listed on: 03/21/2024

Co-Listed By

Lori Ransom

Five Over Four Realty License #211718

Last Buyer's Agent

Jed Gronewald

Relevate Real Estate Inc. License #217735

Relevate Real Estate Inc.

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,805

Year Built

  • Built in 1998 | Remodeled

Lot Details

  • 2,178 Sq Ft Lot
  • End Unit

HOA Fees

Parking

  • 1 Car Attached Garage
  • Side Facing Garage
  • Private Driveway

Home Design

  • Traditional Architecture
  • Raised Foundation
  • Asphalt Roof

Interior Spaces

  • 1,665 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Entrance Foyer
  • Living Room
  • Breakfast Room
  • Dining Room
  • Pull Down Stairs to Attic
  • Laundry on upper level

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Luxury Vinyl Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Outdoor Features

  • Deck
  • Rain Gutters

Schools

  • Wake County Schools Elementary School
  • East Millbrook Middle School
  • Millbrook High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • Cable TV Available

Community Details

  • Association fees include ground maintenance
  • Falls River Townhome HOA (Towne Properties) Association, Phone Number (919) 878-8787
  • Falls River Townhomes Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1728164236

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,805

Year Built

Built in 1998 | Remodeled

Lot Details

0

HOA Fees

$246 per month

Parking

1

Listing Details

  • Year Built: 1998
  • Prop. Type: Residential
  • Reso Association Fee Includes: Maintenance Grounds
  • Co List Office Mls Id: 76602
  • Co List Office Phone: 919-208-4719
  • Subdivision Name: Falls River Townhomes
  • Above Grade Finished Sq Ft: 1665.0
  • Architectural Style: Traditional
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Contract Information Ownership Type: Townhouse
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Association Fee 2 Required YN: Yes
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: Yes
  • Appliances Microwave: Yes
  • Attic Features Pull-Down Stairs: Yes
  • Cooling Central Air: Yes
  • Flooring Luxury Vinyl: Yes
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • Flooring Carpet: Yes
  • Levels Two: Yes
  • Room Types Bedroom 2 Level: Second
  • Room Types Bedroom 3 Level: Second
  • Room Types Dining Room2: Yes
  • Architectural Style Traditional: Yes
  • Room Types Primary Bedroom Level: Second
  • Flooring Vinyl: Yes
  • Laundry Features Upper Level: Yes
  • Room Types Living Room2: Yes
  • Room Types Breakfast Room: Yes
  • Utilities Cable Available: Yes
  • General Property Information Association Phone: 919-878-8787
  • General Property Information Senior Community YN: No
  • Common Walls End Unit: Yes
  • General Property Information Association Name 2: Falls River Townhome HOA (Towne Properties)
  • General Property Information Enhanced Accessible2: No
  • General Property Information Monthly Association Fees2: 246.0
  • Room Types Entrance Hall: Yes
  • General Property Information Above Grade Finished Area: 1665.0
  • Cooling Ceiling Fan(s): Yes
  • Utilities Electricity Connected: Yes
  • Utilities Sewer Connected: Yes
  • Structure Type Townhouse: Yes
  • Utilities Natural Gas Connected: Yes
  • Property Condition UpdatedRemodeled: Yes
  • Roof Asphalt3: Yes
  • General Property Information Lot Size Square Feet2: 2178.0
  • Foundation Details Raised: Yes
  • General Property Information Lot Size Acres: 0.05
  • General Property Information Stories2: 2
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2

Interior Features

  • Flooring: Carpet, Luxury Vinyl, Vinyl
  • Interior Amenities: Ceiling Fan(s), Granite Counters, Walk-In Closet(s)
  • Appliances: Dishwasher, Disposal, Electric Range, Microwave
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Gas
  • Fireplaces: 1
  • Total Bedrooms: 6
  • Stories: 2
  • Appliances Dishwasher: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Interior Features:Granite Counters: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Appliances:Electric Range: Yes
  • Fireplace Features:Gas4: Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Roof: Asphalt
  • Exterior Features: Rain Gutters
  • Acres: 0.05
  • Common Walls: End Unit
  • Foundation Details: Raised
  • Patio And Porch Features: Deck
  • Exterior Features:Rain Gutters: Yes
  • Patio And Porch Features:Deck2: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Open Parking: No
  • Parking Features: Driveway, Garage, Garage Faces Side
  • Parking Features:Garage: Yes
  • Parking Features:Driveway: Yes
  • Parking Features:Garage Faces Side: Yes
  • General Property Information:Garage Spaces: 1.0
  • General Property Information:Attached Garage YN: Yes
  • General Property Information:Open Parking YN2: No

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected
  • Heating: Natural Gas
  • Cooling: Ceiling Fan(s), Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association #2 Fee: 335.0
  • Association #2 Fee Frequency: Annually
  • Association Fee: 218.0
  • Association Fee Frequency: Monthly
  • Association: Falls River Townhome HOA (Towne Properties)
  • Association Name: Falls River Townhome HOA (Towne Properties)
  • Phone: 919-878-8787
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: Falls River Townhome HOA (Towne Properties)
  • Association Fee Includes:Maintenance Grounds2: Yes
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 218.0
  • General Property Information:Association Fee Frequency: Monthly
  • General Property Information:Association Fee 2: 335.0
  • General Property Information:Association Fee 2 Frequency: Annually

Schools

  • Ninth Grade High School: Wake - Millbrook
  • Middle Or Junior School: Wake - East Millbrook

Lot Info

  • Lot Size Sq Ft: 2178.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 1728164236

Tax Info

  • Tax Annual Amount: 2804.95
  • Tax Year: 2023

MLS Schools

  • Elementary School: Wake County Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 21, 2024
Closed on
Apr 3, 2024
Sold by
Swart Willem Darren and Swart Cynthia Marie
Bought by
Margherio Kimberly S
Seller's Agent
Judy Gallagher
Five Over Four Realty
Buyer's Agent
Jed Gronewald
Relevate Real Estate Inc.
List Price
$395,000
Sold Price
$425,000
Premium/Discount to List
$30,000
7.59%
Views
155
Current Estimated Value
$417,952

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$7,048
Avg. Annual Appreciation
-1.27%

Purchase Details

Closed on
Mar 19, 2003
Sold by
Prudential Relocation Inc
Bought by
Britt Ann Olsen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,000
Interest Rate
5.82%

Purchase Details

Closed on
Jan 10, 2003
Sold by
Nelson Martha L and Lambie Martha
Bought by
Prudential Relocation Inc and Citicapitol Relocation Inc

Purchase Details

Closed on
Sep 28, 1998
Sold by
C Richard Dobson Builders Inc
Bought by
Nelson Martha L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,500
Interest Rate
6.96%
Source: Public Records

Range of Values:

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Sold Price
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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
Margherio Kimberly S $425,000 None Listed On Document
Britt Ann Olsen $153,000 --
Prudential Relocation Inc $164,500 --
Nelson Martha L $166,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Britt Ann Olsen $68,000
Previous Owner Britt Ann O $84,000
Previous Owner Britt Ann Olsen $63,000
Previous Owner Nelson Martha L $123,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/17/2024 04/17/24 Sold $425,000 +7.6% $255 / Sq Ft
03/22/2024 03/22/24 For Sale $395,000 0.0% $237 / Sq Ft
03/22/2024 03/22/24 Off Market $395,000 -- --
03/21/2024 03/21/24 For Sale $395,000 -- $237 / 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 $3,409 $390,262 $90,000 $300,262
2023 $1,413 $255,510 $45,000 $210,510
2022 $1,314 $255,510 $45,000 $210,510
2021 $2,506 $255,510 $45,000 $210,510
2020 $2,461 $255,510 $45,000 $210,510
2019 $2,322 $198,626 $30,000 $168,626
2018 $2,190 $198,626 $30,000 $168,626
2017 $2,086 $198,626 $30,000 $168,626
2016 $2,044 $198,626 $30,000 $168,626
2015 -- $180,481 $26,000 $154,481
2014 -- $180,481 $26,000 $154,481
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 10018451

Doorify MLS

APN: 1728.01-16-4236-000