NOT LISTED FOR SALE

1416 Fayetteville St Raleigh, NC 27603

Caraleigh Neighborhood

Estimated Value: $770,000 - $930,000

4 Beds
3.5 Baths
2,292 Sq Ft
$371/Sq Ft Est. Value

Last Sold May 31, 2022

Last sale price $849,000 $370 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $5,265/month

54 Days on Market

Highlights

  • New Construction
  • 0.14 Acre Lot
  • Contemporary Architecture
  • Washington Elementary School Rated A
  • Deck
  • 2-minute walk to Caraleigh Park

About This Home

As of May 2022

Listing agent is related to the builder. Beautiful well built new construction open floor plan house located at desire area. There are huge Covered porch and terrace on the third floor with fantastic City View. Great location, Minutes to Downtown of Raleigh and Dixie Park. Walking distance to Brewers and State's Farmers Market. Magnets school system from elementary to High school with neighborhood buses. Fence is completed. It's a must see. contact co list agent for immediately assistant.

Last Agent to Sell the Property

Junhong Ma

RED Realty Group, Inc. License #264366 Listed on: 02/07/2022

Last Buyer's Agent

Missy Farrell

Berkshire Hathaway HomeService License #279825

Berkshire Hathaway HomeService

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,294

Year Built

  • Built in 2022 | New Construction

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 54x113x51x137
  • Corner Lot

Home Design

  • Contemporary Architecture
  • Block Foundation
  • Frame Construction
  • Masonite

Interior Spaces

  • 2,292 Sq Ft Home
  • 3-Story Property
  • Smooth Ceilings
  • High Ceiling
  • Living Room
  • Dining Room
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Gas Range
  • Range Hood
  • Dishwasher
  • ENERGY STAR Qualified Appliances

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Double Vanity
  • Low Flow Plumbing Fixtures
  • Bathtub
  • Shower Only in Primary Bathroom
  • Walk-in Shower

Laundry

  • Laundry on upper level
  • Electric Dryer Hookup

Parking

  • Garage
  • Parking Pad
  • Rear-Facing Garage
  • Private Driveway

Eco-Friendly Details

  • Energy-Efficient Thermostat

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Outdoor Gas Grill
  • Rain Gutters

Schools

  • Washington Elementary School
  • Ligon Middle School
  • Enloe High School

Utilities

  • Forced Air Zoned Cooling and Heating System
  • Heating System Uses Natural Gas
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Caraleigh Mills Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,294

Year Built

Built in 2022 | New Construction

Lot Details

0

Listing Details

  • Year Built: 2022
  • Prop. Type: Residential
  • Subdivision Name: Caraleigh Mills
  • Above Grade Finished Sq Ft: 2292.0
  • Architectural Style: Contemporary
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Three Or More
  • New Construction: Yes
  • Efficiency: Thermostat
  • Contract Information Ownership Type: Other
  • General Property Information Above Grade Unfinished Area: 695.0
  • General Property Information Total Unfinished Area2: 695.0
  • General Property Information Lot Size Dimensions: 54x113x51x137
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: No
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Security Features Smoke Detector(s): Yes
  • Sewer:Public Sewer: Yes
  • Structure Type Site Built: Yes
  • Water Source Public: Yes
  • Contract Information Estimated Completion Date: 2022-02-01
  • Cooling Zoned: Yes
  • Flooring Hardwood: Yes
  • Interior Features Separate Shower: Yes
  • Interior Features Smooth Ceilings: Yes
  • Property Condition Framed: Yes
  • Room Types Bedroom 2 Level: 2
  • Room Types Bedroom 3 Level: 2
  • Room Types Bedroom 4 Level: 3
  • Room Types Dining Room2: Yes
  • Room Types Primary Bedroom Level: 2
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Upper Level: Yes
  • Room Types Living Room2: Yes
  • Interior Features Bathtub Only: Yes
  • Interior Features Shower Only: Yes
  • Levels Three Or More: Yes
  • Architectural Style Contemporary: Yes
  • Green Water Conservation Low-Flow Fixtures: Yes
  • Foundation Details Block3: Yes
  • General Property Information Above Grade Finished Area: 2292.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 6098.4
  • General Property Information Lot Size Acres: 0.14
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Flooring: Hardwood, Tile
  • Interior Amenities: Bathtub Only, Double Vanity, High Ceilings, Separate Shower, Shower Only, Smooth Ceilings, Walk-In Closet(s), Walk-In Shower
  • Basement: Crawl Space
  • Appliances: Dishwasher, Electric Water Heater, ENERGY STAR Qualified Appliances, Gas Range, Range Hood
  • Basement YN: No
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Total Bedrooms: 7
  • Appliances Dishwasher: Yes
  • Appliances:Range Hood: Yes
  • Interior Features:Double Vanity: Yes
  • Interior Features:High Ceilings: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Walk-In Shower: Yes
  • Basement:Crawl Space: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:ENERGY STAR Qualified Appliances: Yes
  • Appliances:Gas Range: Yes

Exterior Features

  • Exterior Features: Gas Grill, Rain Gutters
  • Acres: 0.14
  • Construction Type: Masonite
  • Foundation Details: Block
  • Patio And Porch Features: Covered, Deck, Porch
  • Exterior Features:Rain Gutters: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Covered2: Yes
  • Patio And Porch Features:Deck2: Yes
  • Construction Materials:Masonite: Yes
  • Lot Features:Corner Lot: Yes
  • Exterior Features:Gas Grill: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Concrete, Driveway, Garage Faces Rear, Parking Pad
  • Parking Features:Concrete4: Yes
  • Parking Features:Driveway: Yes
  • Parking Features:Parking Pad: Yes
  • Parking Features:Garage Faces Rear: Yes

Utilities

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

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Ninth Grade High School: Wake - Enloe
  • Middle Or Junior School: Wake - Ligon

Lot Info

  • Lot Dimensions: 54x113x51x137
  • Lot Size Sq Ft: 6098.4
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Green Features

  • Green Water Conservation: Low-Flow Fixtures
  • Green Energy Efficient:Thermostat: Yes

Tax Info

  • Tax Annual Amount: 1294.0

MLS Schools

  • Elementary School: Wake - Washington

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 7, 2022
Closed on
May 24, 2022
Sold by
Gan and Junhong
Bought by
Busbin Alan Christopher and Strickland Leah Ray
Seller's Agent
Junhong Ma
RED Realty Group, Inc.
Buyer's Agent
Missy Farrell
Berkshire Hathaway HomeService
List Price
$899,000
Sold Price
$849,000
Premium/Discount to List
-$50,000
-5.56%
Current Estimated Value
$859,365

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,365
Avg. Annual Appreciation
0.97%
Original Mortgage
$806,550
Outstanding Balance
$774,957
Interest Rate
5.27%
Mortgage Type
New Conventional
Estimated Equity
$100,982

Purchase Details

Closed on
Nov 17, 2021
Sold by
Gan Dayong
Bought by
Red Properties Llc

Purchase Details

Closed on
Jan 20, 2021
Sold by
Menca Investments Llc
Bought by
Gan Dayong

Purchase Details

Closed on
Mar 12, 2020
Sold by
Tz Home Buyers Llc
Bought by
Menca Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,250
Interest Rate
3.4%
Mortgage Type
Construction

Purchase Details

Closed on
Mar 9, 2020
Sold by
Engelke Glenn Curtis
Bought by
Tz Home Buyers Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,250
Interest Rate
3.4%
Mortgage Type
Construction
Source: Public Records

Range of Values:

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Average Value
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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
Busbin Alan Christopher $1,698 Ragsdale Liggett Pllc
Red Properties Llc -- None Listed On Document
Gan Dayong $70,000 None Available
Menca Investments Llc $160,000 None Available
Tz Home Buyers Llc $80,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Busbin Alan Christopher $806,550
Previous Owner Menca Investments Llc $225,250
Previous Owner Tz Home Buyers Llc $9,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2023 12/15/23 Off Market $849,000 -- --
05/31/2022 05/31/22 Sold $849,000 0.0% $370 / Sq Ft
04/11/2022 04/11/22 Pending -- -- --
03/09/2022 03/09/22 Price Changed $849,000 -5.6% $370 / Sq Ft
02/16/2022 02/16/22 For Sale $899,000 -- $392 / 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 $6,716 $770,962 $315,000 $455,962
2023 $4,382 $400,216 $108,000 $292,216
2022 $3,771 $400,216 $108,000 $292,216
2021 $1,294 $130,887 $108,000 $22,887
2020 $1,270 $130,887 $108,000 $22,887
2019 $929 $78,413 $43,200 $35,213
2018 $877 $78,413 $43,200 $35,213
2017 $836 $78,413 $43,200 $35,213
2016 $819 $78,413 $43,200 $35,213
2015 $836 $78,820 $42,000 $36,820
2014 $794 $78,820 $42,000 $36,820
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2022

    Junhong Ma

    RED Realty Group, Inc.

    (919) 386-1708

    1 in this area

    12 Total Sales

    Section Image
  • Missy Farrell

    Buyer's Agent in 2022

    Missy Farrell

    Berkshire Hathaway HomeService

    (919) 348-8787

    1 in this area

    127 Total Sales

    Section Image
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Map

Source: Doorify MLS

MLS Number: 2430172

Doorify MLS

APN: 1703.19-52-5274-000

North Carolina Wake County Raleigh 27603 Caraleigh

1416 Fayetteville St, Raleigh, NC

This home is located at 1416 Fayetteville St, Raleigh, NC 27603 since 07 February 2022 and is currently estimated at $850,431, approximately $371 per square foot. This property was built in 2022. 1416 Fayetteville St is a home located in Wake County with nearby schools including Washington Elementary School, Ligon Magnet Middle School, and Enloe 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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