NOT LISTED FOR SALE

1520 Meadows Bank Way Unit 15 Raleigh, NC 27603

Estimated Value: $693,000 - $803,000

3 Beds
2 Baths
2,684 Sq Ft
$275/Sq Ft Est. Value

Last Sold October 29, 2021

Last sale price $611,348 $228 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $4,313/month

Highlights

  • New Construction
  • Transitional Architecture
  • Corner Lot
  • Wooded Lot
  • Wood Flooring
  • High Ceiling

About This Home

As of October 2021

Caruso's beautiful Charleston Ranch Plan - PRESALE FOR COMP PURPOSES*

Last Agent to Sell the Property

Erica Formont

Allen Tate/Raleigh-Falls Neuse License #286033 Listed on: 10/03/2020

Co-Listed By

Elizabeth Shahady Briddle

Caruso Homes Realty NC, LLC License #210338

Last Buyer's Agent

Chad Conley

eXp Realty, LLC - C License #295957

eXp Realty, LLC - C

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,398

Year Built

  • Built in 2020 | New Construction

Lot Details

  • 0.69 Acre Lot
  • Water-Smart Landscaping
  • Corner Lot
  • Wooded Lot
  • Landscaped with Trees

HOA Fees

  • $80 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Front Facing Garage
  • Garage Door Opener
  • Private Driveway

Home Design

  • Transitional Architecture
  • Traditional Architecture
  • Brick or Stone Mason
  • Stone

Interior Spaces

  • 2,684 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Tray Ceiling
  • Smooth Ceilings
  • High Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Propane Fireplace
  • Entrance Foyer
  • Family Room with Fireplace
  • Breakfast Room
  • Dining Room
  • Home Office
  • Screened Porch
  • Crawl Space
  • Pull Down Stairs to Attic

Kitchen

  • Eat-In Kitchen
  • Built-In Self-Cleaning Convection Oven
  • Electric Cooktop
  • Range Hood
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Low Flow Plumbing Fixtures
  • Separate Shower in Primary Bathroom
  • Soaking Tub
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on main level
  • Electric Dryer Hookup

Eco-Friendly Details

  • Energy-Efficient Lighting
  • Energy-Efficient Thermostat

Schools

  • Banks Road Elementary School
  • Holly Grove Middle School
  • Middle Creek High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Heat Pump System
  • Electric Water Heater
  • Septic Tank
  • Cable TV Available

Additional Features

  • Accessible Washer and Dryer
  • Rain Gutters

Listing and Financial Details

  • Home warranty included in the sale of the property

Community Details

Overview

  • Built by Caruso Homes
  • Meadows Of Banks Subdivision, Charleston Floorplan

Recreation

  • Community Playground
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,398

Year Built

Built in 2020 | New Construction

Lot Details

0

HOA Fees

$80 per month

Parking

3

Listing Details

  • Builder Name: Caruso Homes
  • Builder Model: Charleston
  • Year Built: 2020
  • Prop. Type: Residential
  • Co List Office Phone: 240-495-3194
  • Subdivision Name: Meadows of Banks
  • Above Grade Finished Sq Ft: 2684.0
  • Architectural Style: Traditional, Transitional
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: Yes
  • Efficiency: Lighting, Thermostat
  • Contract Information Ownership Type: Other
  • General Property Information Lot Size Dimensions: see plat
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: Yes
  • Appliances Microwave: Yes
  • Wall Oven: Yes
  • Architectural Style Transitional: Yes
  • Attic Features Pull-Down Stairs: Yes
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Interior Features BathtubShower Combination: Yes
  • Laundry Features Laundry Room: Yes
  • Laundry Features Main Level: Yes
  • Levels One: Yes
  • Structure Type Site Built: Yes
  • Contract Information Estimated Completion Date: 2021-07-01
  • Flooring Carpet: Yes
  • Flooring Hardwood: Yes
  • Interior Features Separate Shower: Yes
  • Interior Features Smooth Ceilings: Yes
  • Lot Features Hardwood Trees: Yes
  • Property Condition Framed: No
  • Room Types Bedroom 2 Level: M
  • Room Types Bedroom 3 Level: M
  • Room Types Den2: Yes
  • Room Types Dining Room2: Yes
  • Room Types Family Room2: Yes
  • Architectural Style Traditional: Yes
  • Room Types Office: Yes
  • Room Types Primary Bedroom Level: M
  • Laundry Features Electric Dryer Hookup: Yes
  • Room Types Breakfast Room: Yes
  • Flooring Wood: Yes
  • Utilities Cable Available: Yes
  • Green Water Conservation Low-Flow Fixtures: Yes
  • Water Source Community Water: Yes
  • Green Water Conservation Water-Smart Landscaping: Yes
  • General Property Information Above Grade Finished Area: 2684.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 30056.4
  • General Property Information Lot Size Acres: 0.69
  • General Property Information Builder Name: Caruso Homes
  • General Property Information Builder Model: Charleston
  • Special Features: 4098
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Combination, Hardwood, Tile, Wood
  • Interior Amenities: Bathtub/Shower Combination, Ceiling Fan(s), Eat-in Kitchen, Entrance Foyer, Granite Counters, High Ceilings, Pantry, Primary Downstairs, Separate Shower, Smooth Ceilings, Soaking Tub, Tray Ceiling(s), Walk-In Closet(s), Walk-In Shower, Wet Bar
  • Basement: Crawl Space
  • Appliances: Convection Oven, Dishwasher, Electric Cooktop, Electric Water Heater, Microwave, Plumbed For Ice Maker, Range Hood, Self Cleaning Oven, Wall Oven
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Family Room, Gas Log, Propane, Sealed Combustion
  • Fireplaces: 1
  • Appliances Dishwasher: Yes
  • Appliances:Plumbed For Ice Maker: Yes
  • Appliances:Range Hood: Yes
  • Community Features:Playground2: Yes
  • Community Features:Pool2: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Interior Features:Entrance Foyer: Yes
  • Interior Features:Granite Counters: Yes
  • Interior Features:High Ceilings: Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Primary Downstairs: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Walk-In Shower: Yes
  • Basement:Crawl Space: Yes
  • Community Features:Street Lights: Yes
  • Fireplace Features:Family Room: Yes
  • Fireplace Features:Propane: Yes
  • Fireplace Features:Sealed Combustion: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Interior Features:Tray Ceiling(s): Yes
  • Appliances:Electric Water Heater: Yes
  • Fireplace Features:Gas Log: Yes
  • Appliances:Electric Cooktop: Yes
  • Interior Features:Soaking Tub: Yes
  • Appliances:Self Cleaning Oven: Yes
  • Interior Features:Wet Bar: Yes
  • Appliances:Convection Oven: Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Exterior Features: Rain Gutters
  • Acres: 0.69
  • Home Warranty: Yes
  • Construction Type: Fiber Cement, Stone
  • Patio And Porch Features: Porch, Screened
  • Accessibility Features:Accessible WasherDryer: Yes
  • 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
  • Lot Features:Wooded: Yes
  • Construction Materials:Stone: Yes
  • Lot Features:Corner Lot: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Parking Features: Attached, Concrete, Driveway, Garage, Garage Door Opener, Garage Faces Front
  • Parking Features:Attached: Yes
  • Parking Features:Garage: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Concrete4: Yes
  • Parking Features:Driveway: Yes
  • Parking Features:Garage Faces Front: Yes
  • General Property Information:Garage Spaces: 3.0

Utilities

  • Utilities: Cable Available
  • Heating: Electric, Forced Air, Heat Pump, Propane
  • Cooling: Central Air, Heat Pump
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Community Water
  • Heating:Electric4: Yes
  • Heating:Forced Air: Yes
  • Heating:Heat Pump2: Yes
  • Sewer Septic Tank: Yes
  • HeatingCooling:Heat Pump: Yes
  • Heating:Propane2: Yes

Condo/Co-op/Association

  • Community Features: Playground, Pool, Street Lights
  • Association Fee: 240.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Association/Amenities

  • Association Amenities:Pool: Yes
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 240.0
  • General Property Information:Association Fee Frequency: Quarterly

Schools

  • Ninth Grade High School: Wake - Middle Creek
  • Middle Or Junior School: Wake - Holly Grove

Lot Info

  • Lot Dimensions: see plat
  • Lot Size Sq Ft: 30056.4
  • ResoLotSizeUnits: Acres

Green Features

  • Green Water Conservation: Low-Flow Fixtures, Water-Smart Landscaping
  • Green Energy Efficient:Lighting2: Yes
  • Green Energy Efficient:Thermostat: Yes

MLS Schools

  • Elementary School: Wake - Banks Road

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 3, 2020
Closed on
Oct 8, 2021
Sold by
Caruso Builder Meadows Of Banks Llc
Bought by
Casey Drew Michael and Ambors Casey Kristen
Seller's Agent
Erica Formont
Allen Tate/Raleigh-Falls Neuse
Buyer's Agent
Chad Conley
eXp Realty, LLC - C
List Price
$584,278
Sold Price
$611,348
Premium/Discount to List
$27,070
4.63%
Current Estimated Value
$737,179

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$125,831
Avg. Annual Appreciation
4.80%
Original Mortgage
$306,000
Outstanding Balance
$235,143
Interest Rate
2.1%
Mortgage Type
New Conventional
Estimated Equity
$502,036
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
Casey Drew Michael $611,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Casey Drew Michael $306,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/15/2023 12/15/23 Off Market $611,348 -- --
10/29/2021 10/29/21 Sold $611,348 0.0% $228 / Sq Ft
02/25/2021 02/25/21 Price Changed $611,348 +0.1% $228 / Sq Ft
12/12/2020 12/12/20 Price Changed $610,873 +4.6% $228 / Sq Ft
10/03/2020 10/03/20 Pending -- -- --
10/03/2020 10/03/20 For Sale $584,278 -- $218 / 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 $4,398 $684,510 $140,000 $544,510
2024 $4,271 $684,510 $140,000 $544,510
2023 $3,983 $508,303 $118,000 $390,303
2022 $3,691 $508,303 $118,000 $390,303
2021 $829 $118,000 $118,000 $0
2020 $815 $118,000 $118,000 $0
2019 $0 $75,000 $75,000 $0
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2021

    Erica Formont

    Allen Tate/Raleigh-Falls Neuse

  • E

    Seller Co-Listing Agent in 2021

    Elizabeth Shahady Briddle

    Caruso Homes Realty NC, LLC

    Section Image
  • Chad Conley

    Buyer's Agent in 2021

    Chad Conley

    eXp Realty, LLC - C

    (919) 815-4686

    40 Total Sales

    Chad Conley
    Section Image
See All Agents

Map

Source: Doorify MLS

MLS Number: 2346341

Doorify MLS

APN: 0698.01-07-1162-000

North Carolina Wake County Raleigh 27603

1520 Meadows Bank Way Unit 15, Raleigh, NC

This home is located at 1520 Meadows Bank Way Unit 15, Raleigh, NC 27603 since 03 October 2020 and is currently estimated at $737,179, approximately $274 per square foot. This property was built in 2020. 1520 Meadows Bank Way Unit 15 is a home located in Wake County with nearby schools including Banks Road Elementary School.

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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