NOT LISTED FOR SALE

1108 Formal Garden Way Raleigh, NC 27603

Renaissance Park Neighborhood

Estimated Value: $614,000 - $653,000

4 Beds
4 Baths
2,785 Sq Ft
$228/Sq Ft Est. Value

About This Home

This home is located at 1108 Formal Garden Way, Raleigh, NC 27603 and is currently estimated at $635,664, approximately $228 per square foot. 1108 Formal Garden Way is a home located in Wake County with nearby schools including Smith Elementary, North Garner Middle, and Garner High.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 10, 2016
Sold by
Feng Yu and Chen Cheng
Bought by
Israelson Michael
Current Estimated Value
$643,060

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,000
Interest Rate
3.58%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 18, 2015
Sold by
Chervenka Dustin Glenn and Chervenka Kristina Lee
Bought by
Chen Cheng and Feng Yu

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$244,875
Interest Rate
3.07%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 1, 2013
Sold by
Amelia Park Llc
Bought by
Chervenka Dustin Glenn and Chervenka Kristina Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,525
Interest Rate
3.4%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
List Price
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
Israelson Michael $350,000 None Available
Chen Cheng $326,500 None Available
Chervenka Dustin Glenn $299,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Israeleon Michael $68,000
Open Israelson Michael $311,000
Closed Israelson Michael $325,000
Previous Owner Chen Cheng $244,875
Previous Owner Chervenka Dustin Glenn $284,525
Source: Public Records

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 $4,852 $556,398 $120,000 $436,398
2023 $4,266 $389,566 $60,000 $329,566
2022 $3,964 $389,566 $60,000 $329,566
2021 $3,810 $389,566 $60,000 $329,566
2020 $3,741 $389,566 $60,000 $329,566
2019 $3,738 $320,841 $58,000 $262,841
2018 $3,526 $320,841 $58,000 $262,841
2017 $3,358 $320,841 $58,000 $262,841
2016 $3,289 $320,841 $58,000 $262,841
2015 $3,248 $311,719 $78,000 $233,719
2014 $3,080 $311,719 $78,000 $233,719
Source: Public Records

Map

North Carolina Wake County Raleigh 27603 Renaissance Park

1108 Formal Garden Way, Raleigh, NC

This home is located at 1108 Formal Garden Way, Raleigh, NC 27603 and is currently estimated at $635,664, approximately $228 per square foot. 1108 Formal Garden Way is a home located in Wake County with nearby schools including Smith Elementary, North Garner Middle, and Garner High.

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