NOT LISTED FOR SALE

317 Timber Meadow Lake Dr Fuquay Varina, NC 27526

Estimated Value: $403,000 - $462,030

4 Beds
2.5 Baths
2,737 Sq Ft
$157/Sq Ft Est. Value

Last Sold May 11, 2021

Last sale price $341,500 $125 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $2,791/month

2 Days on Market

Highlights

  • Traditional Architecture
  • Cathedral Ceiling
  • Home Office
  • Fuquay-Varina High Rated A-
  • Wood Flooring
  • Covered patio or porch

About This Home

As of May 2021

Excellent Opportunity! Spacious 4 Bedroom home in Southern Oaks. Large welcoming entrance. Vaulted Family room opens to large Kitchen and Breakfast area. Main level Study. Formal Dining room and separate Living room. Inviting front porch, fenced backyard and 2 car garage. Roof replaced in 2019. Great location - close to shops, restaurants. The Savannah Plan. House sold in "AS IS" condition. Must see! Showings to start 04/10/21.

Last Agent to Sell the Property

Tamara Parsons

Highgarden Real Estate NC License #200969 Listed on: 04/06/2021

Last Buyer's Agent

Eddie Alie

Allen Tate/Raleigh-Glenwood License #252708

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,882

Year Built

  • Built in 2007

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 65x105x72x106
  • Fenced Yard

HOA Fees

  • $16 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Traditional Architecture
  • Vinyl Siding

Interior Spaces

  • 2,737 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Family Room with Fireplace
  • Living Room
  • Dining Room
  • Home Office
  • Utility Room
  • Laundry on upper level

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Outdoor Features

  • Covered patio or porch
  • Rain Gutters

Schools

  • Fuquay Varina Elementary And Middle School
  • Fuquay Varina High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Electric Water Heater

Community Details

  • Southern Oaks HOA
  • Southern Oaks Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,882

Year Built

Built in 2007

Lot Details

0

HOA Fees

$16 per month

Parking

2

Listing Details

  • Year Built: 2007
  • Prop. Type: Residential
  • Subdivision Name: Southern Oaks
  • Above Grade Finished Sq Ft: 2737.0
  • Architectural Style: Traditional
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Contract Information Ownership Type: Other
  • General Property Information Lot Size Dimensions: 65x105x72x106
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: Yes
  • Cooling Central Air: Yes
  • Sewer:Public Sewer: Yes
  • Structure Type Site Built: Yes
  • Water Source Public: Yes
  • Flooring Carpet: Yes
  • Levels Two: Yes
  • Room Types Bedroom 2 Level: 2
  • Room Types Bedroom 3 Level: 2
  • Room Types Bedroom 4 Level: 2
  • Room Types Dining Room2: Yes
  • Room Types Family Room2: Yes
  • Architectural Style Traditional: Yes
  • Room Types Office: Yes
  • Room Types Primary Bedroom Level: 2
  • Laundry Features Upper Level: Yes
  • Room Types Utility Room: Yes
  • Appliances Refrigerators: Yes
  • Room Types Living Room2: Yes
  • Flooring Wood: Yes
  • Flooring Laminate: Yes
  • General Property Information Above Grade Finished Area: 2737.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 7840.8
  • General Property Information Lot Size Acres: 0.18
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Combination, Laminate, Wood
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fan(s), Walk-In Closet(s)
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Refrigerator
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Family Room
  • Fireplaces: 1
  • Total Bedrooms: 9
  • Appliances Dishwasher: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Fireplace Features:Family Room: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Cathedral Ceiling(s): Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Exterior Features: Fenced Yard, Rain Gutters
  • Acres: 0.18
  • Construction Type: Vinyl Siding
  • Patio And Porch Features: Covered, Patio, Porch
  • Exterior Features:Rain Gutters: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Covered2: Yes
  • Construction Materials:Vinyl Siding: Yes
  • Patio And Porch Features:Patio: Yes
  • Exterior Features:Fenced - Yard: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Garage
  • Parking Features:Garage: Yes
  • General Property Information:Garage Spaces: 2.0

Utilities

  • Heating: Forced Air, Natural Gas
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association Fee: 192.5
  • Association Fee Frequency: Annually
  • Association Name: Southern Oaks HOA
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: Southern Oaks HOA
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 192.5
  • General Property Information:Association Fee Frequency: Annually

Schools

  • Ninth Grade High School: Wake - Fuquay Varina
  • Middle Or Junior School: Wake - Fuquay Varina

Lot Info

  • Lot Dimensions: 65x105x72x106
  • Lot Size Sq Ft: 7840.8
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2882.0
  • Tax Year: 2020

MLS Schools

  • Elementary School: Wake - Fuquay Varina

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 6, 2021
Closed on
May 11, 2021
Sold by
Frank Ojochide and Frank Dennis O
Bought by
Sharkawy Bishoy Louis Abdou
Seller's Agent
Tamara Parsons
Highgarden Real Estate NC
Buyer's Agent
Eddie Alie
Allen Tate/Raleigh-Glenwood
List Price
$325,000
Sold Price
$341,500
Premium/Discount to List
$16,500
5.08%
Total Days on Market
2
Current Estimated Value
$446,255

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$104,755
Avg. Annual Appreciation
6.45%
Original Mortgage
$290,275
Outstanding Balance
$265,840
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$179,518

Purchase Details

Closed on
Feb 27, 2009
Sold by
Atreus Communities Of Raleigh Inc
Bought by
Frank Ojochide and Frank Dennis O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,468
Interest Rate
5.03%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Sharkawy Bishoy Louis Abdou $333,500 None Available
Frank Ojochide $195,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sharkawy Bishoy Louis Abdou $290,275
Previous Owner Frank Dennis O $180,278
Previous Owner Frank Ojochide $191,468
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2023 12/15/23 Off Market $341,500 -- --
05/11/2021 05/11/21 Sold $341,500 +5.1% $125 / Sq Ft
04/12/2021 04/12/21 Pending -- -- --
04/09/2021 04/09/21 For Sale $325,000 -4.8% $119 / Sq Ft
04/09/2021 04/09/21 Off Market $341,500 -- --
04/09/2021 04/09/21 Price Changed $325,000 -- $119 / 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
2024 $3,979 $454,320 $85,000 $369,320
2023 $3,218 $287,603 $50,000 $237,603
2022 $3,024 $287,603 $50,000 $237,603
2021 $2,882 $287,603 $50,000 $237,603
2020 $2,882 $287,603 $50,000 $237,603
2019 $2,727 $234,780 $46,000 $188,780
2018 $2,572 $234,780 $46,000 $188,780
2017 $2,479 $234,780 $46,000 $188,780
2016 $2,445 $234,780 $46,000 $188,780
2015 $2,432 $241,321 $42,000 $199,321
2014 $2,344 $241,321 $42,000 $199,321
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2376102

Doorify MLS

APN: 0656.04-72-3516-000