NOT LISTED FOR SALE

2808 Lower Dry Falls Ct Raleigh, NC 27603

South Raleigh Neighborhood

Estimated Value: $478,000 - $540,211

5 Beds
3.5 Baths
2,674 Sq Ft
$191/Sq Ft Est. Value

Last Sold September 25, 2024

Last sale price $485,000 $181 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $3,035/month

3 Days on Market

Highlights

  • 0.29 Acre Lot
  • 2 Car Attached Garage
  • Living Room
  • Traditional Architecture
  • Cooling System Mounted In Outer Wall Opening
  • Laundry Room

About This Home

As of September 2024

Welcome to one of the largest homes in the sought-after Trailwood Hills neighborhood! This spacious residence offers everything you need, whether you're looking for a home to live in or investment property. The beautifully finished and updated basement can serve as a 5th bedroom or a versatile flex space, providing endless possibilities. The main living area features updated LVP flooring, creating a seamless flow throughout the open layout. Relax and entertain on the expansive wrap-around back deck, complete with a screened-in portion for year-round enjoyment. The massive master bedroom boasts vaulted ceilings and a large walk-in closet, offering a luxurious retreat. The additional bedrooms are spacious, ensuring comfort for everyone in the household. Don't forget to check out the spacious two car garage with built in shelves.

Tucked away in a private cul-de-sac, this home provides peace and privacy while still being just a short drive from NCSU Campus, Downtown Raleigh, and RDU. The big lot with a large backyard is perfect for outdoor activities and gatherings. With fresh updates, including new paint and blinds, plus brand-new HVAC and water heater systems installed in 2024, this home is move-in ready. Bring your modern touches and make this one of the most beautiful homes in the neighborhood. Don't miss the opportunity to live in one of Raleigh's most desirable neighborhoods!

Last Agent to Sell the Property

Ryan Overcash

Costello Real Estate & Investm License #327299 Listed on: 08/16/2024

Costello Real Estate & Investm

Last Buyer's Agent

Ryan Cassidy

Mallard Realty Group License #274249

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,196

Year Built

  • Built in 1999

Lot Details

  • 0.29 Acre Lot

HOA Fees

  • $36 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Traditional Architecture
  • Shingle Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 3-Story Property
  • Ceiling Fan
  • Living Room
  • Dining Room
  • Laundry Room

Flooring

  • Carpet
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 5 Bedrooms

Finished Basement

  • Heated Basement
  • Walk-Out Basement
  • Exterior Basement Entry
  • Stubbed For A Bathroom

Schools

  • Dillard Elementary And Middle School
  • Athens Dr High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Central Air
  • Heat Pump System

Community Details

  • Association fees include unknown
  • Trailwood Hills / Hrw Association, Phone Number (919) 787-9000
  • Trailwood Hills Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0792.10-46-7934.000

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,196

Year Built

Built in 1999

Lot Details

0

HOA Fees

$36 per month

Parking

2

Listing Details

  • Year Built: 1999
  • Prop. Type: Residential
  • Reso Association Fee Includes: Unknown
  • Subdivision Name: Trailwood Hills
  • Above Grade Finished Sq Ft: 1944.0
  • Architectural Style: Traditional
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • New Construction: No
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: Yes
  • Cooling Central Air: Yes
  • Flooring Luxury Vinyl: Yes
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • Flooring Carpet: Yes
  • Room Types Bedroom 2 Level: Second
  • Room Types Bedroom 3 Level: Second
  • Room Types Bedroom 4 Level: Second
  • Room Types Dining Room2: Yes
  • Architectural Style Traditional: Yes
  • Room Types Primary Bedroom Level: Second
  • Room Types Bedroom 5 Level: Basement
  • Room Types Living Room2: Yes
  • General Property Information Association Phone: 919-787-9000
  • Levels Three Or More: Yes
  • Basement Heated3: Yes
  • General Property Information Enhanced Accessible2: No
  • General Property Information Monthly Association Fees2: 36.0
  • Roof:Shingle: Yes
  • Cooling Wall Unit(s): Yes
  • General Property Information Above Grade Finished Area: 1944.0
  • General Property Information Below Grade Finished Area: 730.0
  • Cooling Ceiling Fan(s): Yes
  • Room Types Laundry2: Yes
  • General Property Information Lot Size Square Feet2: 12632.4
  • General Property Information Lot Size Acres: 0.29
  • Foundation Details Concrete Perimeter: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Linoleum, Luxury Vinyl
  • Basement: Bath/Stubbed, Exterior Entry, Finished, Heated, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 730.0
  • Total Bedrooms: 9
  • Basement:Exterior Entry: Yes
  • Basement Finished: Yes
  • Basement:Walk-Out Access: Yes
  • Basement:BathStubbed: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.29
  • Construction Type: Vinyl Siding
  • Foundation Details: Concrete Perimeter
  • Construction Materials:Vinyl Siding: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Open Parking: No
  • Total Parking Spaces: 4.0
  • General Property Information:Garage Spaces: 2.0
  • General Property Information:Attached Garage YN: Yes
  • General Property Information:Parking Total: 4.0
  • General Property Information:Open Parking YN2: No

Utilities

  • Heating: Heat Pump
  • Cooling: Ceiling Fan(s), Central Air, Wall Unit(s)
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Association Fee: 36.0
  • Association Fee Frequency: Monthly
  • Association Name: Trailwood Hills / HRW
  • Phone: 919-787-9000
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: Trailwood Hills / HRW
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 36.0
  • General Property Information:Association Fee Frequency: Monthly

Schools

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

Lot Info

  • Lot Size Sq Ft: 12632.4
  • ResoLotSizeUnits: Acres
  • Parcel #: 0792.10-46-7934.000
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4195.6
  • Tax Year: 2024

MLS Schools

  • Elementary School: Wake - Dillard

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 16, 2024
Closed on
Sep 24, 2024
Sold by
Hall Jeffrey R
Bought by
Corwin Michael Allan and Lin Irene Heather
Seller's Agent
Ryan Overcash
Costello Real Estate & Investm
Buyer's Agent
Ryan Cassidy
Mallard Realty Group
List Price
$495,000
Sold Price
$485,000
Premium/Discount to List
-$10,000
-2.02%
Views
31
Current Estimated Value
$504,913

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,913
Avg. Annual Appreciation
5.06%
Original Mortgage
$388,000
Outstanding Balance
$384,028
Interest Rate
6.49%
Mortgage Type
New Conventional
Estimated Equity
$126,775

Purchase Details

Closed on
Oct 29, 2018
Sold by
Opendoor Property W32 Llc
Bought by
Hall Jeffrey R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$279,000
Interest Rate
4.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 31, 2018
Sold by
Tomayko Thomas William and Tomayko Jessica
Bought by
Opendoor Property W32 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$279,000
Interest Rate
4.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 25, 2012
Sold by
Camerino Michael J and Camerino Ashley C
Bought by
Tomayko Thomas William

Purchase Details

Closed on
May 28, 1999
Sold by
Horizon Homes Inc
Bought by
Bundy James H and Bundy Faye B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,000
Interest Rate
6.84%
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
Corwin Michael Allan $485,000 None Listed On Document
Hall Jeffrey R $284,000 None Available
Opendoor Property W32 Llc $278,500 None Available
Tomayko Thomas William $214,000 Investors Title Insurance Co
Bundy James H $172,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Corwin Michael Allan $388,000
Previous Owner Hall Jeffrey R $279,000
Previous Owner Bundy James H $131,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/25/2024 09/25/24 Sold $485,000 -2.0% $181 / Sq Ft
08/20/2024 08/20/24 Pending -- -- --
08/16/2024 08/16/24 For Sale $495,000 -- $185 / 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 $4,213 $480,782 $160,000 $320,782
2024 $4,196 $480,782 $160,000 $320,782
2023 $3,556 $324,446 $60,000 $264,446
2022 $3,305 $324,446 $60,000 $264,446
2021 $3,051 $311,467 $60,000 $251,467
2020 $2,995 $311,467 $60,000 $251,467
2019 $2,779 $238,106 $54,000 $184,106
2018 $0 $238,106 $54,000 $184,106
2017 $2,497 $238,106 $54,000 $184,106
2016 $2,446 $238,106 $54,000 $184,106
2015 $2,420 $231,783 $48,000 $183,783
2014 -- $231,783 $48,000 $183,783
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 10046924

Doorify MLS

APN: 0792.10-46-7934-000