2523 Spring Oaks Way Raleigh, NC 27614
Falls Lake Neighborhood
3
Beds
2.5
Baths
1,831
Sq Ft
$170/mo
HOA Fee
Highlights
- Golf Course Community
- Open Floorplan
- Cathedral Ceiling
- Wakefield Middle Rated A-
- Transitional Architecture
- 1 Fireplace
About This Home
As of June 2025New price for a lovely property. Magnolia Hill Townhome neighborhood within master-planned, popular Wakefield Plantation. This spacious and well-maintained 3-bedroom, 2.5-bath townhome with a garage and offers comfort, charm, and convenience. Step onto the rocking chair front porch and into a grand two-story entrance! Inside, you'll find a mix of engineered hardwoods and cozy carpet throughout both levels, paired with fresh paint that makes this home move-in ready.The open-concept layout connects the living room, dining area, and kitchen—complete with Corian countertops, a breakfast bar, engineered hardwood floors, and a cozy fireplace - perfect for everyday living. One of the standout features? A spacious screened-in porch with slate flooring, ceiling fans, and a TV setup—an ideal private retreat for relaxing or watching the game. Upstairs, the generous primary suite boasts a garden tub, separate shower,and walk-in closet. The two secondary bedrooms also feature walk-in closets, with one having direct access to the second full bath. The bonus loft could easily be utilized as a home office, playroom, or cozy lounge. Tucked away in a tiny section of the larger neighborhood this townhome is available to primary residents only offering a low-maintenance lifestyle, in a fantastic location. Country Club Membership can be inquired about through ccwakefieldplantation.com/membership and features access to 14 other clubs. Please inquire with *Lender Incentive Available!**
Contact our preferred lender, Ashley Luster with U Mortgage, to qualify 336-404-1799
Last Agent to Sell the Property
Choice Residential Real Estate License #301975 Listed on: 03/28/2025
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $2,902
Year Built
- Built in 2006
Lot Details
- 1,742 Sq Ft Lot
- Two or More Common Walls
- Private Entrance
- Landscaped
HOA Fees
Parking
- 1 Car Attached Garage
- Parking Accessed On Kitchen Level
- Front Facing Garage
- Garage Door Opener
- Private Driveway
- Additional Parking
- 1 Open Parking Space
Home Design
- Transitional Architecture
- Slab Foundation
- Architectural Shingle Roof
- Low Volatile Organic Compounds (VOC) Products or Finishes
Interior Spaces
- 1,831 Sq Ft Home
- 2-Story Property
- Open Floorplan
- Crown Molding
- Smooth Ceilings
- Cathedral Ceiling
- Ceiling Fan
- 1 Fireplace
- Entrance Foyer
- Living Room
- Bonus Room
- Screened Porch
- Carpet
Kitchen
- Eat-In Kitchen
- Breakfast Bar
- Electric Oven
- Built-In Electric Range
- Microwave
- Plumbed For Ice Maker
- Dishwasher
- Stone Countertops
- Disposal
Bedrooms and Bathrooms
- 3 Bedrooms
- Walk-In Closet
- Double Vanity
- Separate Shower in Primary Bathroom
- Soaking Tub
- Bathtub with Shower
Laundry
- Laundry Room
- Laundry on upper level
- Washer and Electric Dryer Hookup
Home Security
Schools
- Wakefield Elementary And Middle School
- Wakefield High School
Utilities
- Central Air
- Heating System Uses Natural Gas
- Natural Gas Connected
- Gas Water Heater
- Phone Available
- Cable TV Available
Additional Features
- No or Low VOC Paint or Finish
- Rain Gutters
Listing and Financial Details
- Assessor Parcel Number 0347509
Community Details
Overview
- Association fees include ground maintenance, maintenance structure
- Wakefield Plantation Association, Phone Number (919) 849-4069
- Magnolia Hill Townhomes Association
- Wakefield Subdivision
Recreation
- Golf Course Community
Security
- Fire and Smoke Detector
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 28, 2025
Closed on
Jun 24, 2025
Sold by
Ferguson Brian Melvin and Ferguson Juanita Jenene
Bought by
Thomas H Chapin Trust and Elizabeth F Chapin Trust
Seller's Agent
Carolyn Nord
Choice Residential Real Estate
Buyer's Agent
Anita Oxford
Compass -- Raleigh
List Price
$337,900
Sold Price
$327,500
Premium/Discount to List
-$10,400
-3.08%
Views
67
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
34.06%
Purchase Details
Closed on
Jul 27, 2020
Sold by
Franklin Kimberly S
Bought by
Ferguson Brian Melvin and Ferguson Juanita Jenene
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,000
Interest Rate
4.37%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 9, 2018
Sold by
Helms Lisa
Bought by
Franklin Kimberly S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Interest Rate
4.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
May 31, 2007
Sold by
1St American Builders Llc
Bought by
Helms Lisa Warren
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,250
Interest Rate
6.12%
Mortgage Type
Unknown
Similar Homes in Raleigh, NC
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $327,500 | None Listed On Document | |
| Warranty Deed | $238,000 | None Available | |
| Warranty Deed | $230,000 | None Available | |
| Warranty Deed | $213,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $50,000 | Credit Line Revolving | |
| Previous Owner | $246,650 | New Conventional | |
| Previous Owner | $238,000 | New Conventional | |
| Previous Owner | $230,000 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $177,200 | New Conventional | |
| Previous Owner | $170,250 | Unknown |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/25/2025 06/25/25 | Sold | $327,500 | -2.2% | $179 / Sq Ft |
| 05/13/2025 05/13/25 | Pending | -- | -- | -- |
| 04/25/2025 04/25/25 | Price Changed | $335,000 | -0.9% | $183 / Sq Ft |
| 03/28/2025 03/28/25 | For Sale | $337,900 | -- | $185 / Sq Ft |
Source: Doorify MLS
Tax History Compared to Growth
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 | $2,902 | $331,796 | $45,000 | $286,796 |
| 2023 | $2,462 | $224,046 | $36,000 | $188,046 |
| 2022 | $2,288 | $224,046 | $36,000 | $188,046 |
| 2021 | $2,200 | $224,046 | $36,000 | $188,046 |
| 2020 | $2,160 | $224,046 | $36,000 | $188,046 |
| 2019 | $1,942 | $165,862 | $28,000 | $137,862 |
| 2018 | $1,832 | $165,862 | $28,000 | $137,862 |
| 2017 | $1,745 | $165,862 | $28,000 | $137,862 |
| 2016 | $1,710 | $165,862 | $28,000 | $137,862 |
| 2015 | $2,080 | $198,927 | $48,000 | $150,927 |
| 2014 | -- | $198,927 | $48,000 | $150,927 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2025
Carolyn Nord
Choice Residential Real Estate
(610) 308-0553
3 in this area
37 Total Sales
-
Buyer's Agent in 2025
Anita Oxford
Compass -- Raleigh
(919) 473-9006
8 in this area
138 Total Sales
Map
Source: Doorify MLS
MLS Number: 10085331
APN: 1820.02-97-9868-000
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