405 Tharps Ln Raleigh, NC 27614
Falls Lake Neighborhood
5
Beds
4.5
Baths
4,366
Sq Ft
1.88
Acres
Highlights
- Finished Room Over Garage
- View of Trees or Woods
- Open Floorplan
- Brassfield Elementary School Rated A-
- 1.88 Acre Lot
- Community Lake
About This Home
As of April 2025This stunning three-sided brick home sits gracefully on a sprawling 1.8-acre lot, offering the perfect blend of elegance, space, and tranquility. With recent updates throughout, this home is truly move-in ready!
Inside, you'll find gleaming hardwood floors across most of the first floor, archways, fresh neutral paint, new carpet (2023) and modernized lighting throughout. The fully renovated kitchen (2023) is a chef's dream, featuring new cabinetry, tile backsplash, granite countertops, stainless steel appliances, and an oversized island—ideal for gathering with family and friends. The well-designed floor plan includes formal living and dining rooms, a casual family room with fireplace and built-ins, generous eat-in kitchen, and a cozy keeping room.
Step outside to enjoy the generous screened porch with skylights and full length deck (added in 2011), offering a serene spot to take in nature. The deep, flat backyard is a peaceful retreat, frequented by wildlife and deer, providing unmatched privacy and relaxation.
The first-floor guest suite with a full bath is tucked away for added privacy. A back stairway leads to a bonus room with wet bar and a teen suite with an en suite bath to offer flexible living spaces. The primary suite boasts a walk-in closet, an additional secondary closet, and a spacious bathroom with dual sinks, a WC and a separate shower. The finished third floor is perfect for a home gym or recreation space, with a walk-in attic already plumbed for an additional bath. Neighborhood amenities include pool, tennis courts, social events and a community lake!
Additional highlights: Side-entry garage; Recent gas HVAC updates (2023, 2023, 2022); Newer roof (2018); security system; irrigation; water filter and softener.
Last Agent to Sell the Property
NextHome Triangle Properties License #196153 Listed on: 03/13/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,137
Year Built
- Built in 1994 | Remodeled
Lot Details
- 1.88 Acre Lot
- Property fronts a state road
- Cul-De-Sac
- Landscaped
- Level Lot
- Irrigation Equipment
- Cleared Lot
- Partially Wooded Lot
- Private Yard
- Back and Front Yard
HOA Fees
- $150 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Finished Room Over Garage
- Side Facing Garage
- Garage Door Opener
- Private Driveway
- 4 Open Parking Spaces
Property Views
- Woods
- Neighborhood
Home Design
- Transitional Architecture
- Traditional Architecture
- Brick Exterior Construction
- Brick Foundation
- Shingle Roof
- Masonite
Interior Spaces
- 4,366 Sq Ft Home
- 2-Story Property
- Open Floorplan
- Wet Bar
- Plumbed for Central Vacuum
- Built-In Features
- Bookcases
- Crown Molding
- Cathedral Ceiling
- Ceiling Fan
- Skylights
- Recessed Lighting
- Chandelier
- Gas Log Fireplace
- Fireplace Features Masonry
- Blinds
- Bay Window
- Entrance Foyer
- Family Room with Fireplace
- Living Room
- Breakfast Room
- Dining Room
- Bonus Room
- Sun or Florida Room
- Screened Porch
- Keeping Room
- Basement
- Crawl Space
- Home Security System
Kitchen
- Eat-In Kitchen
- Breakfast Bar
- Built-In Oven
- Electric Oven
- Gas Cooktop
- Microwave
- Ice Maker
- Dishwasher
- Stainless Steel Appliances
- Kitchen Island
- Granite Countertops
Flooring
- Wood
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- Main Floor Bedroom
- Dual Closets
- Walk-In Closet
- In-Law or Guest Suite
- Double Vanity
- Private Water Closet
- Whirlpool Bathtub
- Separate Shower in Primary Bathroom
- Bathtub with Shower
- Walk-in Shower
Laundry
- Laundry Room
- Laundry on upper level
- Sink Near Laundry
- Washer and Electric Dryer Hookup
Attic
- Attic Floors
- Permanent Attic Stairs
- Finished Attic
- Unfinished Attic
Outdoor Features
- Deck
- Rain Gutters
Schools
- Brassfield Elementary School
- West Millbrook Middle School
- Millbrook High School
Utilities
- Cooling System Powered By Gas
- Dehumidifier
- Forced Air Zoned Heating and Cooling System
- Heating System Uses Natural Gas
- Heat Pump System
- Vented Exhaust Fan
- Underground Utilities
- Natural Gas Connected
- Gas Water Heater
- Water Softener
- Septic Tank
- Septic System
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 1810.03-01-5547.000
Community Details
Overview
- Association fees include storm water maintenance
- Swann's Mill Homeowners Association Inc. Association, Phone Number (919) 878-8787
- Swans Mill Subdivision
- Community Lake
Amenities
- Clubhouse
Recreation
- Tennis Courts
- Recreation Facilities
- Community Playground
- Community Pool
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 13, 2025
Closed on
Apr 4, 2025
Sold by
Holmes Jack S and Holmes Susan C
Bought by
Kramer Michael Gary and Kramer Ora Deena
Seller's Agent
Beth Smoot
NextHome Triangle Properties
Buyer's Agent
April Auman
Coldwell Banker Advantage
List Price
$1,137,000
Sold Price
$1,200,000
Premium/Discount to List
$63,000
5.54%
Views
29
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,141
Avg. Annual Appreciation
-1.23%
Original Mortgage
$806,500
Outstanding Balance
$806,500
Interest Rate
6.76%
Mortgage Type
New Conventional
Estimated Equity
$389,359
Purchase Details
Closed on
Apr 9, 2002
Sold by
Adleman Randall J and Adleman Cynthia L
Bought by
Holmes Jack S and Holmes Susan C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,700
Interest Rate
6.8%
Similar Homes in Raleigh, NC
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $1,200,000 | None Listed On Document | |
| Warranty Deed | $1,200,000 | None Listed On Document | |
| Warranty Deed | $585,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $806,500 | New Conventional | |
| Closed | $806,500 | New Conventional | |
| Previous Owner | $302,366 | Unknown | |
| Previous Owner | $300,700 | Unknown | |
| Previous Owner | $300,700 | No Value Available | |
| Closed | $185,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/15/2025 04/15/25 | Sold | $1,200,000 | +5.5% | $275 / Sq Ft |
| 03/14/2025 03/14/25 | Pending | -- | -- | -- |
| 03/13/2025 03/13/25 | For Sale | $1,137,000 | -- | $260 / Sq Ft |
Source: Doorify MLS
Tax History Compared to Growth
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 | $5,137 | $823,946 | $200,000 | $623,946 |
| 2023 | $4,760 | $607,928 | $120,000 | $487,928 |
| 2022 | $4,410 | $607,928 | $120,000 | $487,928 |
| 2021 | $4,292 | $607,928 | $120,000 | $487,928 |
| 2020 | $4,221 | $607,928 | $120,000 | $487,928 |
| 2019 | $5,270 | $642,789 | $120,000 | $522,789 |
| 2018 | $4,843 | $642,789 | $120,000 | $522,789 |
| 2017 | $4,590 | $642,789 | $120,000 | $522,789 |
| 2016 | $4,497 | $642,789 | $120,000 | $522,789 |
| 2015 | $4,972 | $712,988 | $190,000 | $522,988 |
| 2014 | $4,711 | $712,988 | $190,000 | $522,988 |
Source: Public Records
Agents Affiliated with this Home
-
B
Seller's Agent in 2025
Beth Smoot
NextHome Triangle Properties
-
A
Buyer's Agent in 2025
April Auman
Coldwell Banker Advantage
Map
Source: Doorify MLS
MLS Number: 10081720
APN: 1810.03-01-5547-000
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.
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
- 1317 Woodgate Manor Ct
- 12537 Birchfalls Dr
- 6404 Juniper View Ln
- 6005 Carlyle Dr
- 15517 Possum Track Rd
- 12504 Bayleaf Church Rd
- 15508 Possum Track Rd
- 308 Swans Mill Crossing
- 6820 Brixley Cir
- 12012 Six Forks Rd
- 600 Brittany Bay E
- 1004 Buttar Ln
- 124 Dartmoor Ln
- 12117 Cliffside Cir
- 12301 Hardee Rd
- 6729 Greywalls Ln
- 104 Benedict Ln
- 1006 Henny Place
- 12501 Hardee Rd
- 5420 Deer Forest Trail