NOT LISTED FOR SALE

2563 Spring Oaks Way Raleigh, NC 27614

Falls Lake Neighborhood

Estimated Value: $321,886 - $337,000

3 Beds
3 Baths
1,700 Sq Ft
$195/Sq Ft Est. Value

About This Home

Please note, our homes are available on a first-come, first-serve basis and are not reserved until the lease is signed by all applicants and security deposits are collected.

This home features Progress Smart Home - Progress Residential's smart home app, which allows you to control the home securely from any of your devices. Learn more at

Want to tour on your own? Click the “Self Tour” button on this home’s listing or call to register for a self-guided showing at a time that works best for you.

Beautiful townhome featuring an open floor plan, fireplace in the family room, spacious eat-in kitchen with a pantry, gorgeous master suite with a trey ceiling, generous secondary bedrooms, and a patio in the grassy backyard. Schedule your tour today! Utilities must be transferred into the resident’s name.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 25, 2019
Sold by
Progress Residential Borrower 7 Llc
Bought by
Progress Residential Borrower 7 Llc
Current Estimated Value
$330,972

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$479,054,000
Interest Rate
4.3%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 29, 2014
Sold by
Faulkner Linda
Bought by
Freo North Carolina Llc

Purchase Details

Closed on
Jul 17, 2009
Sold by
1St Ab Inc
Bought by
Faulkner Linda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,373
Interest Rate
5.27%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 1, 2008
Sold by
Sandler At Wakefield Llc
Bought by
1St Ab Inc
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Progress Residential Borrower 7 Llc -- Os National Llc
Freo North Carolina Llc $155,000 None Available
Faulkner Linda $145,000 None Available
1St Ab Inc $600,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Progress Residential Borrower 7 Llc $479,054,000
Previous Owner Faulkner Linda $142,373
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/02/2024 11/02/24 Off Market $1,770 -- --
10/26/2024 10/26/24 Price Changed $1,770 -1.9% $1 / Sq Ft
10/23/2024 10/23/24 Price Changed $1,805 -1.1% $1 / Sq Ft
10/18/2024 10/18/24 Price Changed $1,825 -1.6% $1 / Sq Ft
10/17/2024 10/17/24 Price Changed $1,855 -1.9% $1 / Sq Ft
10/16/2024 10/16/24 Price Changed $1,890 -2.1% $1 / Sq Ft
10/13/2024 10/13/24 Price Changed $1,930 -1.5% $1 / Sq Ft
10/11/2024 10/11/24 Price Changed $1,960 -0.5% $1 / Sq Ft
10/09/2024 10/09/24 Price Changed $1,970 -2.2% $1 / Sq Ft
10/09/2024 10/09/24 For Rent $2,015 +0.8% --
10/07/2024 10/07/24 Price Changed $2,000 -0.5% $1 / Sq Ft
10/04/2024 10/04/24 Price Changed $2,010 -2.4% $1 / Sq Ft
10/03/2024 10/03/24 Price Changed $2,060 +2.5% $1 / Sq Ft
10/02/2024 10/02/24 Price Changed $2,010 -2.4% $1 / Sq Ft
10/01/2024 10/01/24 Price Changed $2,060 -0.7% $1 / Sq Ft
09/30/2024 09/30/24 Price Changed $2,075 +0.2% $1 / Sq Ft
09/28/2024 09/28/24 Price Changed $2,070 -0.2% $1 / Sq Ft
09/27/2024 09/27/24 Price Changed $2,075 +0.2% $1 / Sq Ft
09/26/2024 09/26/24 Price Changed $2,070 -0.2% $1 / Sq Ft
09/25/2024 09/25/24 Price Changed $2,075 +3.0% $1 / Sq Ft
09/19/2024 09/19/24 Price Changed $2,015 +0.2% $1 / Sq Ft
09/18/2024 09/18/24 Price Changed $2,010 -- $1 / Sq Ft

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 $2,737 $311,574 $40,500 $271,074
2024 $2,726 $311,574 $40,500 $271,074
2023 $2,284 $207,721 $32,400 $175,321
2022 $2,123 $207,721 $32,400 $175,321
2021 $2,041 $207,721 $32,400 $175,321
2020 $2,004 $207,721 $32,400 $175,321
2019 $1,802 $153,744 $25,200 $128,544
2018 $1,700 $153,744 $25,200 $128,544
2017 $1,619 $153,744 $25,200 $128,544
2016 $1,586 $153,744 $25,200 $128,544
2015 $1,557 $148,388 $40,800 $107,588
2014 $1,477 $148,388 $40,800 $107,588
Source: Public Records

Map

North Carolina Wake County Raleigh 27614 Falls Lake

2563 Spring Oaks Way, Raleigh, NC

This home is located at 2563 Spring Oaks Way, Raleigh, NC 27614 and is currently estimated at $330,972, approximately $194 per square foot. 2563 Spring Oaks Way is a home located in Wake County with nearby schools including Wakefield 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.

Nearby Homes