NOT LISTED FOR SALE

2721 Franklin Oaks Way Raleigh, NC 27606

Middle Creek Neighborhood

Estimated Value: $1,459,000

5 Beds
4.5 Baths
4,984 Sq Ft
$293/Sq Ft Est. Value

Last Sold January 27, 2023

Last sale price $1,333,200 $267 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $8,667/month

74 Days on Market

Highlights

  • New Construction
  • Two Primary Bedrooms
  • Craftsman Architecture
  • Swift Creek Elementary School Rated A-
  • 1.03 Acre Lot
  • Family Room with Fireplace

About This Home

As of January 2023

Introducing The Franklin !! A large wooded lot neighborhood developed exclusively for Upton & Co custom homes. Lot 1 is our 1st spec home. This plans features a very open, expansive layout with two master suites. The exterior elevation incorporates the latest in a modern Farmhouse design. Custom trim features throughout and a Thermador appliance package are all a part of this stunning home on an acre+ lot.

Last Agent to Sell the Property

Rudy Upton

Preston Realty, Inc. License #302649 Listed on: 04/01/2022

Last Buyer's Agent

Erika Stewart

Compass -- Cary License #303401

Compass -- Cary

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $787

Year Built

  • Built in 2023 | New Construction

Lot Details

  • 1.03 Acre Lot
  • Lot Dimensions are 162' x 245'
  • North Facing Home
  • Corner Lot
  • Wooded Lot
  • Property is zoned R -40W

HOA Fees

  • $200 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Side Facing Garage
  • Private Driveway

Home Design

  • Craftsman Architecture
  • Tri-Level Property
  • Brick Exterior Construction
  • Brick Foundation

Interior Spaces

  • 4,984 Sq Ft Home
  • Bookcases
  • Smooth Ceilings
  • High Ceiling
  • Ceiling Fan
  • Insulated Windows
  • Mud Room
  • Entrance Foyer
  • Family Room with Fireplace
  • 2 Fireplaces
  • Breakfast Room
  • Dining Room
  • Home Office
  • Recreation Room
  • Bonus Room
  • Screened Porch
  • Utility Room
  • Laundry on upper level
  • Crawl Space

Kitchen

  • Butlers Pantry
  • Built-In Oven
  • Gas Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Quartz Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Double Master Bedroom
  • Walk-In Closet
  • Double Vanity
  • Private Water Closet
  • Bathtub
  • Shower Only in Primary Bathroom
  • Walk-in Shower

Attic

  • Attic Floors
  • Permanent Attic Stairs
  • Unfinished Attic

Home Security

  • Prewired Security
  • Fire and Smoke Detector

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Schools

  • Swift Creek Elementary School
  • Dillard Middle School
  • Athens Dr High School

Utilities

  • Zoned Heating and Cooling
  • Heating System Uses Natural Gas
  • Tankless Water Heater
  • Gas Water Heater
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Community Details

  • Association fees include maintenance structure
  • Omega Mgmt Association
  • Built by Upton & Co., Inc.
  • The Franklin Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$787

Year Built

Built in 2023 | New Construction

Lot Details

0

HOA Fees

$200 per month

Parking

3

Listing Details

  • Builder Name: Upton & Co., Inc.
  • Year Built: 2023
  • Prop. Type: Residential
  • Reso Association Fee Includes: Maintenance Structure
  • Subdivision Name: The Franklin
  • Above Grade Finished Sq Ft: 4984.0
  • Architectural Style: Craftsman
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Tri-Level
  • New Construction: Yes
  • Contract Information Ownership Type: Other
  • General Property Information Above Grade Unfinished Area: 760.0
  • General Property Information Total Unfinished Area2: 760.0
  • General Property Information Lot Size Dimensions: 162' x 245'
  • 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
  • Flooring Tile: Yes
  • Interior Features Water Closet: Yes
  • Security Features Smoke Detector(s): Yes
  • Structure Type Site Built: Yes
  • Contract Information Estimated Completion Date: 2023-01-01
  • Cooling Zoned: Yes
  • Flooring Carpet: Yes
  • Flooring Hardwood: Yes
  • Interior Features Separate Shower: Yes
  • Interior Features Smooth Ceilings: Yes
  • Property Condition Framed: No
  • Room Types Bedroom 2 Level: 2
  • Room Types Bedroom 3 Level: 2
  • Room Types Bedroom 4 Level: 2
  • Room Types Bonus Room: Yes
  • Room Types Den2: Yes
  • Room Types Dining Room2: Yes
  • Room Types Family Room2: Yes
  • Room Types Office: Yes
  • Room Types Primary Bedroom Level: M
  • Laundry Features Upper Level: Yes
  • Room Types Utility Room: Yes
  • Appliances Refrigerators: Yes
  • Room Types Breakfast Room: Yes
  • Interior Features Bathtub Only: Yes
  • Interior Features Shower Only: Yes
  • Utilities Cable Available: Yes
  • Architectural Style Craftsman: Yes
  • Security Features Prewired: Yes
  • Room Types Recreation Room3: Yes
  • Foundation Details BrickMortar: Yes
  • Levels Tri-Level: Yes
  • Attic Features Unfinished2: Yes
  • Interior Features Second Primary Bedroom: Yes
  • Room Types Mud Room: Yes
  • General Property Information Above Grade Finished Area: 4984.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 44779.68
  • General Property Information Lot Size Acres: 1.028
  • General Property Information Builder Name: Upton & Co., Inc.
  • General Property Information Direction Faces: North
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Hardwood, Tile
  • Interior Amenities: Bathtub Only, Bookcases, Butler's Pantry, Ceiling Fan(s), Double Vanity, Entrance Foyer, High Ceilings, High Speed Internet, Pantry, Primary Downstairs, Quartz Counters, Second Primary Bedroom, Separate Shower, Shower Only, Smooth Ceilings, Walk-In Closet(s), Walk-In Shower, Water Closet
  • Basement: Crawl Space
  • Appliances: Dishwasher, Gas Range, Gas Water Heater, Microwave, Range Hood, Refrigerator, Tankless Water Heater, Wall Oven
  • Basement YN: No
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Family Room, Prefabricated
  • Fireplaces: 2
  • Total Bedrooms: 10
  • Appliances Dishwasher: Yes
  • Appliances:Range Hood: Yes
  • Appliances:Tankless Water Heater: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Interior Features:Double Vanity: Yes
  • Interior Features:Entrance Foyer: 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
  • Interior Features:Quartz Counters: Yes
  • Appliances:Gas Water Heater: Yes
  • Interior Features:Bookcases: Yes
  • Attic Features:Floored: Yes
  • Appliances:Gas Range: Yes
  • Interior Features:High Speed Internet: Yes
  • Interior Features:Butler_squote_s Pantry: Yes
  • Attic Features:Permanent Stairs: Yes
  • Fireplace Features:Fireplaces Total: 2

Exterior Features

  • Exterior Features: Lighting, Rain Gutters
  • Acres: 1.03
  • Construction Type: Brick, Fiber Cement
  • Direction Faces: North
  • Foundation Details: Brick/Mortar
  • Patio And Porch Features: Covered, Enclosed, Porch, Screened
  • Construction Materials:Fiber Cement: Yes
  • Exterior Features:Rain Gutters: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Screened: Yes
  • Lot Features:Wooded: Yes
  • Patio And Porch Features:Covered2: Yes
  • Window Features:Insulated Windows: Yes
  • Lot Features:Corner Lot: Yes
  • Construction Materials:Brick: Yes
  • Patio And Porch Features:Enclosed2: Yes
  • Exterior Features:Lighting: Yes

Garage/Parking

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

Utilities

  • Utilities: Cable Available
  • Heating: Natural Gas, Zoned
  • Cooling: Zoned
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Natural Gas: Yes
  • Heating:Zoned2: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Community Features: Street Lights
  • Association Fee: 200.0
  • Association Fee Frequency: Monthly
  • Association Name: Omega Mgmt
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: Omega Mgmt
  • Association Fee Includes:Maintenance Structure2: Yes
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 200.0
  • General Property Information:Association Fee Frequency: Monthly

Schools

  • Ninth Grade High School: Wake - Athens Dr
  • Middle Or Junior School: Wake - Dillard

Lot Info

  • Zoning: R -40W
  • Lot Dimensions: 162' x 245'
  • Lot Size Sq Ft: 44779.68
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 787.0
  • Tax Map Number: BM2022 Page 00439

MLS Schools

  • Elementary School: Wake - Swift Creek

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2022
Closed on
Jan 10, 2023
Sold by
Upton & Company Inc
Bought by
Bass Candra
Seller's Agent
Rudy Upton
Preston Realty, Inc.
Buyer's Agent
Erika Stewart
Compass -- Cary
List Price
$1,240,000
Sold Price
$1,333,200
Premium/Discount to List
$93,200
7.52%
Views
34
Current Estimated Value
$1,459,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$125,800
Avg. Annual Appreciation
3.43%
Original Mortgage
$1,333,200
Outstanding Balance
$1,280,796
Interest Rate
5.25%
Mortgage Type
New Conventional
Estimated Equity
$178,204

Purchase Details

Closed on
Apr 29, 2022
Sold by
Rcu Llc
Bought by
Upton & Company Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$918,750
Interest Rate
4.67%
Mortgage Type
Construction
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
Bass Candra $1,333,500 --
Upton & Company Inc $595,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bass Candra $1,333,200
Previous Owner Upton & Company Inc $918,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/15/2023 12/15/23 Off Market $1,333,200 -- --
01/27/2023 01/27/23 Sold $1,333,200 0.0% $267 / Sq Ft
06/15/2022 06/15/22 Price Changed $1,333,200 +7.5% $267 / Sq Ft
06/14/2022 06/14/22 Pending -- -- --
04/01/2022 04/01/22 For Sale $1,240,000 -- $249 / 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 $8,410 $1,311,829 $122,520 $1,189,309
2024 $8,148 $1,308,909 $122,520 $1,186,389
2023 $4,759 $607,764 $85,950 $521,814
2022 $0 $85,950 $85,950 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2023

    Rudy Upton

    Preston Realty, Inc.

    (919) 427-5571

    4 in this area

    11 Total Sales

    Rudy Upton
    Section Image

  • E

    Buyer's Agent in 2023

    Erika Stewart

    Compass -- Cary

    (919) 724-7322

    2 in this area

    21 Total Sales

    Erika Stewart
    Section Image
See All Agents

Map

Source: Doorify MLS

MLS Number: 2439931

Doorify MLS

APN: 0772.04-82-3657-000

North Carolina Wake County Raleigh 27606 Middle Creek

2721 Franklin Oaks Way, Raleigh, NC

This home is located at 2721 Franklin Oaks Way, Raleigh, NC 27606 since 01 April 2022 and is currently estimated at $1,459,000, approximately $292 per square foot. This property was built in 2023. 2721 Franklin Oaks Way is a home located in Wake County with nearby schools including Swift Creek Elementary School, Dillard Drive Magnet Middle School, and Adventist Christian Academy of Raleigh.

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.

Nearby Homes