$465,000
PENDING $10K PRICE DROP

Estimated payment $2,782/month

Total Views 924
5 Beds
3 Baths
2,859 Sq Ft
$163 Price per Sq Ft

Highlights

  • Finished Room Over Garage
  • Transitional Architecture
  • Granite Countertops
  • Open Floorplan
  • Main Floor Bedroom
  • Screened Porch

About This Home

Welcome to 15 New Spring Way, a beautifully upgraded Mungo Homes Telfair floor plan nestled on a private 0.54-acre cul-de-sac lot in one of Franklinton's most desirable communities. This spacious 5-bedroom, 3-bath home combines modern design, flexible living spaces, and exceptional outdoor amenities just minutes from Wake Forest, Youngsville, and North Raleigh. Step inside to discover an open-concept layout filled with natural light, enhanced by stylish gray luxury vinyl plank flooring and designer finishes throughout. The main level features a highly sought-after guest suite with full bath, ideal for multigenerational living, visiting guests, or a private home office. The spacious dining area flows seamlessly into the chef-inspired kitchen, showcasing white cabinetry, granite countertops, stainless steel appliances, a designer tile backsplash, and an oversized center island perfect for entertaining. A custom walk-in pantry with built-in shelving and drawers provides exceptional organization and storage. The breakfast area overlooks the expansive family room, creating a welcoming space for everyday living and gatherings. Upstairs, a versatile loft offers additional living space, while three secondary bedrooms share a full bath. The luxurious primary suite serves as a private retreat with a spa-like bathroom and generous walk-in closet. Outdoor living shines with a screened porch overlooking the flat, fully usable backyard. A stamped concrete walkway leads to a pavilion and fire pit area, creating the perfect setting for outdoor entertaining, relaxing evenings, and year-round enjoyment. Professionally designed landscaping featuring slate rock accents enhances the home's curb appeal. One of the property's standout features is the incredible garage and workshop space. In addition to the attached two-car garage, you'll find a detached two-car garage/shop with abundant storage, making it ideal for hobbyists, car enthusiasts, small business owners, or anyone needing extra workspace. Additional upgrades include a water filtration system, extra concrete slab for the custom garbage can enclosure, and thoughtful improvements throughout. Offering the perfect blend of space, functionality, and modern comfort, this move-in-ready Franklinton home delivers the lifestyle today's buyers are searching for. Schedule your private showing and experience everything 15 New Spring Way has to offer.

Listing Agent

Chelci Sutton

Berkshire Hathaway HomeService License #254434 Listed on: 06/17/2026

Berkshire Hathaway HomeService

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,706

Year Built

  • Built in 2022

Lot Details

  • 23,522 Sq Ft Lot
  • Property is zoned FCO R-30

HOA Fees

  • $29 Monthly HOA Fees

Parking

  • 4 Car Garage
  • Finished Room Over Garage
  • Front Facing Garage

Home Design

  • Transitional Architecture
  • Traditional Architecture
  • Slab Foundation
  • Shingle Roof
  • Vinyl Siding
  • Stone Veneer

Interior Spaces

  • 2,859 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Coffered Ceiling
  • Ceiling Fan
  • Chandelier
  • Entrance Foyer
  • Screened Porch
  • Pull Down Stairs to Attic

Kitchen

  • Breakfast Area or Nook
  • Butlers Pantry
  • Electric Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • Primary bedroom located on second floor
  • Walk-In Closet
  • In-Law or Guest Suite
  • 3 Full Bathrooms
  • Double Vanity
  • Private Water Closet
  • Bathtub with Shower
  • Separate Shower

Outdoor Features

  • Patio
  • Fire Pit
  • Rain Gutters

Schools

  • Franklinton Elementary School
  • Cedar Creek Middle School
  • Franklinton High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heat Pump System
  • Water Purifier is Owned

Community Details

  • Real Manage Association, Phone Number (866) 473-2573
  • Built by Mungo Homes of NC
  • Gill Farm Subdivision, Telfair Floorplan

Listing and Financial Details

  • Assessor Parcel Number 048405

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,706

Year Built

Built in 2022

Lot Details

0.54 Acres

HOA Fees

$29 per month

Parking

4

Listing Details

  • Builder Name: Mungo Homes of NC
  • Builder Model: Telfair
  • Year Built: 2022
  • Prop. Type: Residential
  • Road Surface Type: Asphalt
  • Reso Association Fee Includes: None
  • Subdivision Name: Gill Farm
  • Above Grade Finished Sq Ft: 2859.0
  • Architectural Style: Traditional, Transitional
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • General Property Information Total Unfinished Area2: 818.4
  • General Property Information Association Fee Required YN: Yes
  • Room Types Bedroom 2 Level: Main
  • Room Types Bedroom 3 Level: Second
  • Room Types Bedroom 4 Level: Second
  • Room Types Primary Bedroom Level: Second
  • Room Types Bedroom 5 Level: Second
  • General Property Information Enhanced Accessible2: No
  • General Property Information Monthly Association Fees2: 28.97
  • Room Types Primary Bathroom Level: Second
  • DelayedMarketingYN: No
  • General Property Information:Builder Name3: Mungo Homes of NC
  • SourceMLSURL: https://sourcemls.org/api/v1/eyJ0eXAiOiJKV1QiLCJhbGciOiJIUzI1NiJ9.eyJTb3VyY2VTeXN0ZW1JRCI6Ik0wMDAwMDM4OSIsIkxpc3RpbmdJRCI6IjEwMTc0NDg2IiwiU3RhbmRhcmRTdGF0dXMiOiJQZW5kaW5nIiwiTW9kaWZpY2F0aW9uVGltZXN0YW1wIjoiMjAyNi0wNy0xOFQwMjozODo1Mi4wMDBaIiwiTGljZW5zZWVJRCI6Im9hdXRoMl8yNTg3MSIsIkxpY2Vuc2VlTmFtZSI6IkhvbWVzIFBybyJ9.Z8-pN-Ig9c4oE2CR3osD4E0Hs9JyRUwpj_FAQR3b56c/badge
  • In-Law Suite Details:In-Law Suite Details: Main Floor
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Luxury Vinyl
  • Interior Amenities: Ceiling Fan(s), Chandelier, Coffered Ceiling(s), Double Vanity, Entrance Foyer, Granite Counters, In-Law Floorplan, Kitchen Island, Open Floorplan, Pantry, Walk-In Closet(s), Butler's Pantry, Separate Shower, Bathtub/Shower Combination, Walk-In Shower, Water Closet, Room Over Garage
  • Appliances: Disposal, Dishwasher, Electric Range, Microwave, Refrigerator, Stainless Steel Appliance(s), Water Purifier Owned
  • Basement YN: No
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Main Level Bedrooms: 1
  • Stories: 2
  • Attic Features:Attic Features: Pull-Down Stairs
  • Interior Features:Interior Features: Ceiling Fan(s), Chandelier, Coffered Ceiling(s), Double Vanity, Entrance Foyer, Granite Counters, In-Law Floorplan, Kitchen Island, Open Floorplan, Pantry, Walk-In Closet(s), Butler's Pantry, Separate Shower, Bathtub/Shower Combination, Walk-In Shower, Water Closet, Room Over Garage

Exterior Features

  • Roof: Shingle
  • Exterior Features: Fire Pit, Rain Gutters
  • Acres: 0.54
  • Disclosures: Seller Disclosure
  • Construction Type: Stone Veneer, Vinyl Siding
  • Foundation Details: Slab
  • Patio And Porch Features: Covered, Front Porch, Patio, Screened

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 4.0
  • Parking Features: Attached, Detached, Garage Faces Front

Utilities

  • Heating: Electric, Heat Pump, None, Zoned
  • Cooling: Central Air, Electric, Heat Pump, Zoned
  • Cooling Y N: Yes
  • HeatingYN: No
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 86.9
  • Association Fee Frequency: Quarterly
  • Association Name: Real Manage
  • Phone: 1-866-473-2573
  • Association: Yes

Schools

  • Ninth Grade High School: Franklin - Franklinton High
  • Middle Or Junior School: Franklin - Cedar Creek Middle

Lot Info

  • Zoning: FCO R-30
  • Lot Size Sq Ft: 23522.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 048405

Tax Info

  • Tax Annual Amount: 2706.1
  • Tax Year: 225
  • Tax Map Number: 85

MLS Schools

  • Elementary School: Franklin - Franklinton Elementary

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $2,324 $429,320 $52,500 $376,820
2024 $2,555 $412,230 $52,500 $359,730
2023 $2,478 $268,860 $30,000 $238,860
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/07/2026 07/07/26 Pending -- -- --
07/03/2026 07/03/26 Price Changed $465,000 -1.0% $163 / Sq Ft
06/22/2026 06/22/26 Price Changed $469,900 -1.1% $164 / Sq Ft
06/17/2026 06/17/26 For Sale $475,000 +3.3% $166 / Sq Ft
08/30/2024 08/30/24 Sold $460,000 -2.0% $162 / Sq Ft View Prior Sale
07/30/2024 07/30/24 Pending -- -- --
07/18/2024 07/18/24 For Sale $469,500 +5.6% $165 / Sq Ft
12/14/2023 12/14/23 Off Market $444,487 -- --
12/09/2022 12/09/22 Sold $444,487 -2.6% $156 / Sq Ft View Prior Sale
08/25/2022 08/25/22 Pending -- -- --
08/01/2022 08/01/22 For Sale $456,487 -- $161 / Sq Ft
Source: Doorify MLS

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Warranty Deed $460,000 Old Republic National Title
Warranty Deed $444,500 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Open $460,000 New Conventional
Previous Owner $355,590 No Value Available
Source: Public Records

Source: Doorify MLS

MLS Number: 10174486

Doorify MLS

APN: 048405

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