NOT LISTED FOR SALE

2400 Morgause Dr Raleigh, NC 27614

Estimated Value: $343,166 - $350,000

3 Beds
2.5 Baths
1,654 Sq Ft
$210/Sq Ft Est. Value

Last Sold November 03, 2023

Last sale price $350,000 $212 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $2,273/month

3 Days on Market

Highlights

  • Transitional Architecture
  • 1 Fireplace
  • Breakfast Room
  • Abbotts Creek Elementary School Rated A
  • End Unit
  • Living Room

About This Home

As of November 2023

Amazing opportunity to own an end unit with a 2 car garage in Falls Commons! Convenient to all major highways and shopping. Incredible renovation with new flooring and new paint. Luxury vinyl plank throughout the first floor. New carpeting in all bedrooms. Large living/family room with corner fireplace, separate formal dining room and kitchen that opens to the patio so you can enjoy NC outdoor living. All exterior maintenance is included with this property - wow!

Last Agent to Sell the Property

Adam Chesson

eXp Realty, LLC - C License #230531 Listed on: 09/27/2023

eXp Realty, LLC - C

Last Buyer's Agent

Thomas Brosnan

Long & Foster Real Estate INC License #313910

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,412

Year Built

  • Built in 2002

Lot Details

  • 3,485 Sq Ft Lot
  • End Unit

HOA Fees

  • $162 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Transitional Architecture
  • Traditional Architecture
  • Vinyl Siding

Interior Spaces

  • 1,654 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Entrance Foyer
  • Living Room
  • Breakfast Room
  • Dining Room

Flooring

  • Carpet
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Schools

  • Abbotts Creek Elementary School
  • Wakefield Middle School
  • Wakefield High School

Utilities

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

Community Details

  • Association fees include ground maintenance, maintenance structure, storm water maintenance
  • Falls Commons Townhomes Subdivision

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,412

Year Built

Built in 2002

Lot Details

0

HOA Fees

$150 per month

Parking

2

Listing Details

  • Year Built: 2002
  • Prop. Type: Residential
  • Reso Association Fee Includes: Maintenance Grounds, Maintenance Structure, Storm Water Maintenance
  • Subdivision Name: Falls Commons Townhomes
  • Above Grade Finished Sq Ft: 1654.0
  • Architectural Style: Traditional, Transitional
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Contract Information Ownership Type: Townhouse
  • General Property Information Lot Size Dimensions: ..
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: Yes
  • Architectural Style Transitional: Yes
  • Cooling Central Air: Yes
  • Flooring Luxury Vinyl: Yes
  • Structure Type Site Built: Yes
  • Flooring Carpet: Yes
  • Levels Two: Yes
  • Room Types Bedroom 2 Level: 2
  • Room Types Bedroom 3 Level: 2
  • Room Types Dining Room2: Yes
  • Architectural Style Traditional: Yes
  • Room Types Primary Bedroom Level: 2
  • Room Types Living Room2: Yes
  • Room Types Breakfast Room: Yes
  • Common Walls End Unit: Yes
  • General Property Information Above Grade Finished Area: 1654.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 3484.8
  • General Property Information Lot Size Acres: 0.08
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Flooring: Carpet, Luxury Vinyl
  • Interior Amenities: Entrance Foyer
  • Appliances: Gas Water Heater
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Total Bedrooms: 6
  • Interior Features:Entrance Foyer: Yes
  • Appliances:Gas Water Heater: Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Acres: 0.08
  • Common Walls: End Unit
  • Construction Type: Vinyl Siding
  • Construction Materials:Vinyl Siding: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Garage
  • Parking Features:Garage: Yes
  • General Property Information:Garage Spaces: 2.0

Utilities

  • Heating: Forced Air, Natural Gas
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association Fee: 162.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • Association Fee Includes:Maintenance Grounds2: Yes
  • Association Fee Includes:Maintenance Structure2: Yes
  • General Property Information:Association Fee: 162.0
  • General Property Information:Association Fee Frequency: Monthly

Schools

  • Ninth Grade High School: Wake - Wakefield
  • Middle Or Junior School: Wake - Wakefield

Lot Info

  • Lot Dimensions: ..
  • Lot Size Sq Ft: 3484.8
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2412.0
  • Tax Year: 2023

MLS Schools

  • Elementary School: Wake - Abbotts Creek

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 27, 2023
Closed on
Oct 30, 2023
Sold by
Drosnes Dean Leonard and Drosnes Sarka
Bought by
Brosnan Lori
Seller's Agent
Adam Chesson
eXp Realty, LLC - C
Buyer's Agent
Thomas Brosnan
Long & Foster Real Estate INC
List Price
$349,900
Sold Price
$350,000
Premium/Discount to List
$100
0.03%
Views
215
Current Estimated Value
$346,792

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,208
Avg. Annual Appreciation
2.06%

Purchase Details

Listed on
Nov 1, 2021
Closed on
Dec 8, 2021
Sold by
Rhyne Debra I
Bought by
Drosnes Dean
Seller's Agent
Kim Pappalardo
Real Broker, LLC
Buyer's Agent
Renee Hillman
EXP Realty LLC
List Price
$300,000
Sold Price
$331,000
Premium/Discount to List
$31,000
10.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.98%
Original Mortgage
$88,000
Interest Rate
2.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 4, 2003
Sold by
The New Fortis Corp
Bought by
Rhyne Debra I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,350
Interest Rate
5.95%

Purchase Details

Closed on
Sep 4, 2002
Sold by
C & G Development Two Llc
Bought by
Westminster Homes Inc
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
Brosnan Lori $350,000 None Listed On Document
Drosnes Dean $331,000 None Available
Rhyne Debra I $160,500 --
Westminster Homes Inc $149,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Drosnes Dean $88,000
Previous Owner Rhyne Debra L $102,209
Previous Owner Rhyne Debra I $22,500
Previous Owner Rhyne Debra I $152,350
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2023 12/15/23 Off Market $331,000 -- --
11/03/2023 11/03/23 Sold $350,000 0.0% $212 / Sq Ft
09/30/2023 09/30/23 Pending -- -- --
09/27/2023 09/27/23 For Sale $349,900 +5.7% $212 / Sq Ft
12/10/2021 12/10/21 Sold $331,000 +10.3% $200 / Sq Ft
11/06/2021 11/06/21 Pending -- -- --
11/06/2021 11/06/21 For Sale $300,000 -- $181 / 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 $2,803 $320,452 $75,000 $245,452
2023 $2,412 $219,461 $50,000 $169,461
2022 $2,242 $219,461 $50,000 $169,461
2021 $2,155 $219,461 $50,000 $169,461
2020 $2,116 $219,461 $50,000 $169,461
2019 $2,071 $177,017 $40,000 $137,017
2018 $1,954 $177,017 $40,000 $137,017
2017 $1,862 $177,017 $40,000 $137,017
2016 $1,823 $177,017 $40,000 $137,017
2015 $1,848 $176,494 $39,900 $136,594
2014 $1,753 $176,494 $39,900 $136,594
Source: Public Records

Agents Affiliated with this Home

  • Adam Chesson

    Seller's Agent in 2023

    Adam Chesson

    eXp Realty, LLC - C

    (252) 230-9555

    178 Total Sales

    Adam Chesson
    Section Image

  • T

    Buyer's Agent in 2023

    Thomas Brosnan

    Long & Foster Real Estate INC

    Section Image
  • Kim Pappalardo

    Seller's Agent in 2021

    Kim Pappalardo

    Real Broker, LLC

    (919) 608-2085

    274 Total Sales

    Kim Pappalardo
    Section Image
  • Renee Hillman

    Buyer's Agent in 2021

    Renee Hillman

    EXP Realty LLC

    (919) 868-4383

    462 Total Sales

    Renee Hillman
    Section Image
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Map

Source: Doorify MLS

MLS Number: 2534265

Doorify MLS

APN: 1729.04-80-0005-000

North Carolina Wake County Raleigh 27614

2400 Morgause Dr, Raleigh, NC

This home is located at 2400 Morgause Dr, Raleigh, NC 27614 since 27 September 2023 and is currently estimated at $346,792, approximately $209 per square foot. This property was built in 2002. 2400 Morgause Dr is a home located in Wake County with nearby schools including Abbotts Creek Elementary School, Wakefield Middle, and Wakefield High 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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