NOT LISTED FOR SALE

3040 Ethan Ln Raleigh, NC 27613

Falls Lake Neighborhood

Estimated Value: $654,000 - $741,000

2 Beds
2 Baths
2,170 Sq Ft
$322/Sq Ft Est. Value

Last Sold October 01, 2021

Last sale price $555,000 $256 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $4,000/month

1 Day on Market

Highlights

  • Barn
  • Deck
  • Living Room with Fireplace
  • Pine Hollow Middle School Rated A
  • Secluded Lot
  • Wooded Lot

About This Home

As of October 2021

Unique White Pine Hand Hewn Log Home on private 1.5 acres in north Raleigh! Best of Outdoor living!! Stone patio w/ huge fireplace, incredible front porch w/ custom blue tooth light/sound systems, JBL speakers. Solid mahogany doors, soft close solid cherry kitchen cabinets, convection oven and microwave, AT&T fiber optics, incredible sunroom with slate floor. Master suite is whole upstairs with jacuzzi tub, separate tile shower, dual sinks and walk in closet. Black Bart wood stove. Custom light fixtures!

Last Agent to Sell the Property

Tom Fanjoy

Fanjoy Real Estate License #170783 Listed on: 08/26/2021

Last Buyer's Agent

Kathy Evans

RE/MAX United License #151113

RE/MAX United

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,007

Year Built

  • Built in 1979

Lot Details

  • 1.47 Acre Lot
  • Lot Dimensions are 201x413x175x352
  • Secluded Lot
  • Wooded Lot
  • Landscaped with Trees
  • Garden

Parking

  • 1 Car Garage
  • Basement Garage
  • Workshop in Garage
  • Front Facing Garage
  • Gravel Driveway

Home Design

  • Log Cabin
  • Slab Foundation
  • Log Siding
  • Cedar

Interior Spaces

  • 2-Story Property
  • Wet Bar
  • Bookcases
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Wood Burning Fireplace
  • Self Contained Fireplace Unit Or Insert
  • Fireplace Features Blower Fan
  • Stone Fireplace
  • Fireplace Features Masonry
  • Living Room with Fireplace
  • 2 Fireplaces
  • Workshop
  • Sun or Florida Room
  • Screened Porch
  • Utility Room
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Built-In Convection Oven
  • Gas Cooktop
  • Range Hood
  • Warming Drawer
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Slate Flooring

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • In-Law or Guest Suite
  • 2 Full Bathrooms
  • Whirlpool Bathtub
  • Shower Only
  • Walk-in Shower

Partially Finished Basement

  • Heated Basement
  • Interior and Exterior Basement Entry
  • Workshop
  • Laundry in Basement

Home Security

  • Smart Lights or Controls
  • Storm Doors

Outdoor Features

  • Deck
  • Patio
  • Outdoor Fireplace
  • Exterior Lighting
  • Separate Outdoor Workshop
  • Rain Gutters

Schools

  • Sycamore Creek Elementary School
  • Pine Hollow Middle School
  • Leesville Road High School

Farming

  • Barn

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Association fees include unknown
  • Laurdane Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,007

Year Built

Built in 1979

Lot Details

1.47 Acres

Parking

1

Listing Details

  • Year Built: 1979
  • Prop. Type: Residential
  • Reso Association Fee Includes: Unknown
  • Subdivision Name: Laurdane
  • Above Grade Finished Sq Ft: 1940.0
  • Architectural Style: Log Home
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Contract Information Ownership Type: Other
  • General Property Information Below Grade Unfinished Area: 627.0
  • General Property Information Total Unfinished Area2: 627.0
  • General Property Information Lot Size Dimensions: 201x413x175x352
  • General Property Information Basement YN: Yes
  • General Property Information Fireplace YN: Yes
  • Appliances Microwave: Yes
  • Wall Oven: Yes
  • Cooling Central Air: Yes
  • Foundation Details Slab: Yes
  • Laundry Features Laundry Room: Yes
  • Structure Type Site Built: Yes
  • Flooring Carpet: Yes
  • Levels Two: Yes
  • Lot Features Hardwood Trees: Yes
  • Water Source Well: Yes
  • Room Types Bedroom 2 Level: M
  • Room Types Primary Bedroom Level: 2
  • Room Types Utility Room: Yes
  • Appliances Refrigerators: Yes
  • Room Types Living Room2: Yes
  • Flooring Wood: Yes
  • Interior Features Bathtub Only: Yes
  • Interior Features Shower Only: Yes
  • Room Types Sunroom: Yes
  • In-Law Suite Details Main Foor: Yes
  • Other Structures Workshop: Yes
  • Room Types Workshop2: Yes
  • Basement Heated3: Yes
  • Basement Workshop3: Yes
  • Laundry Features In Basement: Yes
  • Architectural Style Log Home: Yes
  • Flooring Slate: Yes
  • General Property Information Above Grade Finished Area: 1940.0
  • General Property Information Below Grade Finished Area: 230.0
  • General Property Information Carport YN: No
  • Other Structures Barn(s): Yes
  • General Property Information Lot Size Square Feet2: 64033.2
  • General Property Information Lot Size Acres: 1.47
  • General Property Information:Living Area3: 2170.0
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Slate, Wood
  • Interior Amenities: Bathtub Only, Bookcases, Cathedral Ceiling(s), Ceiling Fan(s), Eat-in Kitchen, Granite Counters, High Ceilings, Shower Only, Smart Light(s), Vaulted Ceiling(s), Walk-In Closet(s), Walk-In Shower, Wet Bar, Whirlpool Tub
  • Basement: Exterior Entry, Heated, Interior Entry, Partially Finished, Workshop
  • Appliances: Convection Oven, Dishwasher, Electric Water Heater, Gas Cooktop, Microwave, Plumbed For Ice Maker, Range Hood, Refrigerator, Wall Oven, Warming Drawer
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Below Grade Sq Ft: 230.0
  • Door Features: Storm Door(s)
  • Fireplace Features: Blower Fan, Insert, Living Room, Masonry, Outside, Stone, Wood Burning
  • Fireplaces: 2
  • Appliances Dishwasher: Yes
  • Appliances:Gas Cooktop: Yes
  • Appliances:Plumbed For Ice Maker: Yes
  • Appliances:Range Hood: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Interior Features:Granite Counters: Yes
  • Interior Features:High Ceilings: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Walk-In Shower: Yes
  • Fireplace Features:Outside: Yes
  • Fireplace Features:Stone3: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Appliances:Electric Water Heater: Yes
  • Fireplace Features:Masonry: Yes
  • Fireplace Features:Wood Burning: Yes
  • Basement:Exterior Entry: Yes
  • Basement:Interior Entry: Yes
  • Basement:Partially Finished: Yes
  • Fireplace Features:Living Room: Yes
  • Interior Features:Cathedral Ceiling(s): Yes
  • Interior Features:Bookcases: Yes
  • Interior Features:Vaulted Ceiling(s): Yes
  • Interior Features:Wet Bar: Yes
  • Interior Features:Whirlpool Tub: Yes
  • Appliances:Convection Oven: Yes
  • Appliances:Warming Drawer: Yes
  • Interior Features:Smart Light(s)2: Yes
  • Fireplace Features:Fireplaces Total: 2
  • Fireplace Features:Blower Fan: Yes
  • Fireplace Features:Insert: Yes

Exterior Features

  • Exterior Features: Lighting, Rain Gutters
  • Acres: 1.47
  • Construction Type: Cedar, Log
  • Foundation Details: Slab
  • Patio And Porch Features: Covered, Deck, Enclosed, Patio, Porch, Screened
  • Exterior Features:Rain Gutters: Yes
  • Lot Features:Landscaped: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Screened: Yes
  • Lot Features:Wooded: Yes
  • Patio And Porch Features:Covered2: Yes
  • Patio And Porch Features:Patio: Yes
  • Patio And Porch Features:Deck2: Yes
  • Door Features:Storm Door(s): Yes
  • Lot Features:Garden2: Yes
  • Patio And Porch Features:Enclosed2: Yes
  • Construction Materials:Cedar: Yes
  • Window Features:Skylight(s): Yes
  • Lot Features:Secluded: Yes
  • Exterior Features:Lighting: Yes
  • Construction Materials:Log: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Basement, Driveway, Garage, Garage Faces Front, Gravel, Workshop in Garage
  • Parking Features:Garage: Yes
  • Parking Features:Driveway: Yes
  • Parking Features:Garage Faces Front: Yes
  • Parking Features:Gravel: Yes
  • Parking Features:Workshop in Garage: Yes
  • Parking Features:Basement2: Yes
  • General Property Information:Garage Spaces: 1.0

Utilities

  • Heating: Forced Air, Propane
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Well
  • Heating:Forced Air: Yes
  • Sewer Septic Tank: Yes
  • Heating:Propane2: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Ninth Grade High School: Wake - Leesville Road
  • Middle Or Junior School: Wake - Pine Hollow

Lot Info

  • Lot Dimensions: 201x413x175x352
  • Lot Size Sq Ft: 64033.2
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2007.0
  • Tax Year: 2021

MLS Schools

  • Elementary School: Wake - Sycamore Creek

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 26, 2021
Closed on
Oct 1, 2021
Sold by
Simms Karen Ann and Harris Samuel Scott
Bought by
Babb Thomas Lee and Redpath Lauren Elizabeth
Seller's Agent
Tom Fanjoy
Fanjoy Real Estate
Buyer's Agent
Kathy Evans
RE/MAX United
List Price
$499,000
Sold Price
$555,000
Premium/Discount to List
$56,000
11.22%
Current Estimated Value
$698,316

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$143,316
Avg. Annual Appreciation
5.29%
Original Mortgage
$487,910
Outstanding Balance
$444,928
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$253,388

Purchase Details

Closed on
Aug 20, 1997
Bought by
Simms Karen Ann
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Babb Thomas Lee $555,000 None Available
Babb Thomas Lee $555,000 Becton Marcus
Simms Karen Ann $150,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Babb Thomas Lee $487,910
Closed Babb Thomas Lee $487,910
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/15/2023 12/15/23 Off Market $555,000 -- --
10/01/2021 10/01/21 Sold $555,000 +11.2% $256 / Sq Ft
08/27/2021 08/27/21 Pending -- -- --
08/26/2021 08/26/21 For Sale $499,000 -- $230 / Sq Ft
Source: Doorify MLS

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 $4,402 $685,089 $240,000 $445,089
2024 $4,629 $742,115 $240,000 $502,115
Source: Public Records

Agents Affiliated with this Home

  • Tom Fanjoy

    Seller's Agent in 2021

    Tom Fanjoy

    Fanjoy Real Estate

    (919) 971-2844

    3 in this area

    58 Total Sales

    Tom Fanjoy
    Section Image
  • Kathy Evans

    Buyer's Agent in 2021

    Kathy Evans

    RE/MAX United

    (919) 810-6965

    1 in this area

    43 Total Sales

    Kathy Evans
    Section Image
See All Agents

Map

Source: Doorify MLS

MLS Number: 2404204

Doorify MLS

APN: 0779.02-85-4625-000

North Carolina Wake County Raleigh 27613 Falls Lake

3040 Ethan Ln, Raleigh, NC

Not Listed for Sale

Detached

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