NOT LISTED FOR SALE

1317 Formal Garden Way Raleigh, NC 27603

Renaissance Park Neighborhood

Estimated Value: $567,850 - $617,000

4 Beds
3 Baths
2,394 Sq Ft
$246/Sq Ft Est. Value

Last Sold November 09, 2023

Last sale price $555,000 $232 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $3,610/month

14 Days on Market

Highlights

  • Fitness Center
  • Transitional Architecture
  • Main Floor Bedroom
  • Clubhouse
  • Wood Flooring
  • Granite Countertops

About This Home

As of November 2023

Incredible Location!Minutes to Downtown Raleigh,Gorgeous 4 bdrm home,front porch welcomes guests off picturesque main street America feel,Stunning remodeled owner suite bath,1st flr bdrm w/full bath,large kitch,tons of cabs,granite,pantry,breakfast area,island,dropzone,fam rm w/gas log fireplace,upstairs boasts huge ownersuite,custom walkin closet system,dual vanity,walkin shower,garden tub,2 addt'l spacious bdrms,bath & laundry rm finish off 2nd flr,screened porch,fenced side yard,2 car gar,com amenities include pool,tennis,clubhouse,fitness.

Last Agent to Sell the Property

Dana Ellington

Compass -- Raleigh License #255265 Listed on: 08/17/2023

Compass -- Raleigh

Last Buyer's Agent

Shenandoah Nieuwsma

Compass -- Chapel Hill - Durham License #293305

Compass -- Chapel Hill - Durham

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,547

Year Built

  • Built in 2013

Lot Details

  • 3,920 Sq Ft Lot
  • Fenced Yard
  • Landscaped

HOA Fees

  • $82 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Garage Door Opener
  • Private Driveway

Home Design

  • Transitional Architecture
  • Traditional Architecture
  • Slab Foundation

Interior Spaces

  • 2,394 Sq Ft Home
  • 2-Story Property
  • Tray Ceiling
  • Smooth Ceilings
  • Ceiling Fan
  • Gas Log Fireplace
  • Blinds
  • Entrance Foyer
  • Family Room with Fireplace
  • Breakfast Room
  • Screened Porch
  • Utility Room
  • Pull Down Stairs to Attic
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Gas Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • 3 Full Bathrooms
  • Double Vanity
  • Separate Shower in Primary Bathroom
  • Soaking Tub
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on upper level

Outdoor Features

  • Rain Gutters

Schools

  • Smith Elementary School
  • North Garner Middle School
  • Garner High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

Overview

  • Cas Association
  • Renaissance Park Subdivision

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Fitness Center
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,547

Year Built

Built in 2013

Lot Details

0

HOA Fees

$82 per month

Parking

2

Listing Details

  • Year Built: 2013
  • Prop. Type: Residential
  • Subdivision Name: Renaissance Park
  • Above Grade Finished Sq Ft: 2394.0
  • Architectural Style: Traditional, Transitional
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Contract Information Ownership Type: Other
  • General Property Information Lot Size Dimensions: 0
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: Yes
  • Appliances Microwave: Yes
  • Architectural Style Transitional: Yes
  • Attic Features Pull-Down Stairs: Yes
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Foundation Details Slab: Yes
  • Interior Features BathtubShower Combination: Yes
  • Laundry Features Laundry Room: Yes
  • Security Features Smoke Detector(s): Yes
  • Sewer:Public Sewer: Yes
  • Structure Type Site Built: Yes
  • Water Source Public: Yes
  • Flooring Carpet: Yes
  • Flooring Hardwood: Yes
  • Interior Features Separate Shower: Yes
  • Interior Features Smooth Ceilings: Yes
  • Levels Two: Yes
  • Room Types Bedroom 2 Level: 2
  • Room Types Bedroom 3 Level: 2
  • Room Types Bedroom 4 Level: M
  • Room Types Family Room2: Yes
  • Architectural Style Traditional: Yes
  • Room Types Primary Bedroom Level: 2
  • Laundry Features Upper Level: Yes
  • Room Types Utility Room: Yes
  • Room Types Breakfast Room: Yes
  • Utilities Cable Available: Yes
  • General Property Information Above Grade Finished Area: 2394.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 3920.4
  • General Property Information Lot Size Acres: 0.09
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Hardwood, Tile
  • Interior Amenities: Bathtub/Shower Combination, Ceiling Fan(s), Double Vanity, Eat-in Kitchen, Entrance Foyer, Granite Counters, High Speed Internet, Pantry, Separate Shower, Smooth Ceilings, Soaking Tub, Tray Ceiling(s), Walk-In Closet(s), Walk-In Shower, Other
  • Appliances: Dishwasher, Electric Range, Gas Range, Gas Water Heater, Microwave
  • Basement YN: No
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Family Room, Gas Log
  • Fireplaces: 1
  • Total Bedrooms: 7
  • Appliances Dishwasher: Yes
  • Community Features:Pool2: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Interior Features:Double Vanity: Yes
  • Interior Features:Entrance Foyer: Yes
  • Interior Features:Granite Counters: Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Walk-In Shower: Yes
  • Fireplace Features:Family Room: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Interior Features:Tray Ceiling(s): Yes
  • Appliances:Electric Range: Yes
  • Fireplace Features:Gas Log: Yes
  • Appliances:Gas Water Heater: Yes
  • Interior Features:Soaking Tub: Yes
  • Appliances:Gas Range: Yes
  • Interior Features:High Speed Internet: Yes
  • Community Features:Fitness Center2: Yes
  • Interior Features:Other17: Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Exterior Features: Fenced Yard, Rain Gutters
  • Acres: 0.09
  • Construction Type: Fiber Cement
  • Foundation Details: Slab
  • Patio And Porch Features: Porch, Screened
  • Construction Materials:Fiber Cement: Yes
  • Exterior Features:Rain Gutters: Yes
  • Lot Features:Landscaped: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Screened: Yes
  • Window Features:Blinds: Yes
  • Exterior Features:Fenced - Yard: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Concrete, Driveway, Garage, Garage Door Opener
  • Parking Features:Garage: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Concrete4: Yes
  • Parking Features:Driveway: Yes
  • General Property Information:Garage Spaces: 2.0

Utilities

  • Utilities: Cable Available
  • Heating: Forced Air, Natural Gas
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Fitness Center, Pool
  • Association Fee: 244.5
  • Association Fee Frequency: Quarterly
  • Association Name: CAS
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: CAS
  • Association Amenities:Pool: Yes
  • Association Amenities:Tennis Courts: Yes
  • Association Amenities:Clubhouse: Yes
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 244.5
  • General Property Information:Association Fee Frequency: Quarterly

Schools

  • Ninth Grade High School: Wake - Garner
  • Middle Or Junior School: Wake - North Garner

Lot Info

  • Lot Dimensions: 0
  • Lot Size Sq Ft: 3920.4
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3547.0
  • Tax Year: 2023

MLS Schools

  • Elementary School: Wake - Smith

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 17, 2017
Sold by
Taylor Gregory and Taylor Courtney
Bought by
Ludwig Matthew William and Ulrich Molly Caitlin
Current Estimated Value
$589,463

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$295,275
Outstanding Balance
$246,384
Interest Rate
3.96%
Mortgage Type
New Conventional
Estimated Equity
$343,079

Purchase Details

Closed on
Jul 12, 2013
Sold by
Amelia Park Llc
Bought by
Taylor Gregory S and Self Courtney M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
3.79%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Ludwig Matthew William $317,500 None Available
Taylor Gregory S $250,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ludwig Matthew William $295,275
Previous Owner Taylor Gregory S $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/09/2023 11/09/23 Sold $555,000 -4.3% $232 / Sq Ft
09/07/2023 09/07/23 Pending -- -- --
08/24/2023 08/24/23 For Sale $579,900 -- $242 / 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
2025 $4,841 $552,814 $110,000 $442,814
2024 $4,282 $490,701 $110,000 $380,701
2023 $3,546 $323,511 $65,000 $258,511
2022 $3,275 $321,508 $65,000 $256,508
2021 $3,148 $321,508 $65,000 $256,508
2020 $3,091 $321,508 $65,000 $256,508
2019 $2,998 $256,967 $60,000 $196,967
2018 $2,828 $256,967 $60,000 $196,967
2017 $2,693 $256,967 $60,000 $196,967
2016 $2,638 $256,967 $60,000 $196,967
2015 $2,756 $264,188 $60,000 $204,188
2014 $2,614 $60,000 $60,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Dana Ellington

    Seller's Agent in 2023

    Dana Ellington

    Compass -- Raleigh

    (919) 622-5051

    3 in this area

    392 Total Sales

    Dana Ellington
    Section Image
  • Shenandoah Nieuwsma

    Buyer's Agent in 2023

    Shenandoah Nieuwsma

    Compass -- Chapel Hill - Durham

    (919) 428-3552

    1 in this area

    130 Total Sales

    Shenandoah Nieuwsma
    Section Image
See All Agents

Map

Source: Doorify MLS

MLS Number: 2527535

Doorify MLS

APN: 1702.13-13-2657-000

North Carolina Wake County Raleigh 27603 Renaissance Park

1317 Formal Garden Way, Raleigh, NC

This home is located at 1317 Formal Garden Way, Raleigh, NC 27603 since 17 August 2023 and is currently estimated at $589,463, approximately $246 per square foot. This property was built in 2013. 1317 Formal 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.

Nearby Homes