NOT LISTED FOR SALE

4640 Townesbury Ln Raleigh, NC 27612

Umstead Neighborhood

Estimated Value: $272,000 - $314,000

2 Beds
2.5 Baths
1,255 Sq Ft
$233/Sq Ft Est. Value

Last Sold March 11, 2022

Last sale price $290,000 $231 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $2,006/month

4 Days on Market

Highlights

  • Deck
  • Traditional Architecture
  • Community Pool
  • Stough Elementary School Rated A-
  • Granite Countertops
  • Tennis Courts

About This Home

As of March 2022

Beautifully renovated town house in excellent location. Unit is move in ready with fresh paint, new carpet, new flooring, new appliances, granite countertops and skylights. Private back yard in a cul-de-sac at end of street. 2 huge master bedrooms with bathrooms in each. Great location close to shopping center, REX hospital, Vet School, RDU, RTP and more! Quiet neighborhood with community pool and tennis courts. Won't last long!!

Last Agent to Sell the Property

Laura Burlage

THE CEDENO GROUP REAL ESTATE LLC License #247296 Listed on: 02/12/2022

Last Buyer's Agent

Kenna Phillips

BRAKEN LLC License #270551

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,758

Year Built

  • Built in 1986

Lot Details

  • 1,307 Sq Ft Lot

HOA Fees

  • $187 Monthly HOA Fees

Parking

  • Assigned Parking

Home Design

  • Traditional Architecture
  • Vinyl Siding

Interior Spaces

  • 1,255 Sq Ft Home
  • 2-Story Property
  • Skylights
  • Entrance Foyer
  • Family Room with Fireplace
  • Combination Dining and Living Room
  • Crawl Space
  • Pull Down Stairs to Attic
  • Laundry on upper level

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Carpet
  • Ceramic Tile
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-in Shower

Outdoor Features

  • Deck
  • Porch

Schools

  • Wake County Schools Elementary And Middle School
  • Wake County Schools High School

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater

Community Details

Overview

  • Association fees include maintenance structure
  • Ppm Association
  • Richland Townes Subdivision

Recreation

  • Tennis Courts
  • Community Pool

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,758

Year Built

Built in 1986

Lot Details

0

HOA Fees

$187 per month

Listing Details

  • Year Built: 1986
  • Prop. Type: Residential
  • Reso Association Fee Includes: Maintenance Structure
  • Subdivision Name: Richland Townes
  • Above Grade Finished Sq Ft: 1255.0
  • Architectural Style: Traditional
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Contract Information Ownership Type: Townhouse
  • General Property Information Lot Size Dimensions: See GIS Maps
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: Yes
  • Appliances Microwave: Yes
  • Attic Features Pull-Down Stairs: Yes
  • Cooling Central Air: Yes
  • Flooring Luxury Vinyl: Yes
  • Flooring Tile: Yes
  • Sewer:Public Sewer: Yes
  • Structure Type Site Built: Yes
  • Water Source Public: Yes
  • Flooring Carpet: Yes
  • Flooring Ceramic Tile: Yes
  • Levels Two: Yes
  • Room Types Bedroom 2 Level: 2
  • Room Types Dining Room2: Yes
  • Room Types Family Room2: Yes
  • Architectural Style Traditional: Yes
  • Room Types Primary Bedroom Level: 2
  • Interior Features LivingDining Room Combination: Yes
  • Laundry Features Upper Level: Yes
  • Appliances Refrigerators: Yes
  • General Property Information Above Grade Finished Area: 1255.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 1306.8
  • General Property Information Lot Size Acres: 0.03
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Flooring: Carpet, Ceramic Tile, Luxury Vinyl, Tile
  • Interior Amenities: Entrance Foyer, Granite Counters, Living/Dining Room Combination, Pantry, Walk-In Shower
  • Basement: Crawl Space
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Family Room
  • Fireplaces: 1
  • Total Bedrooms: 5
  • Appliances Dishwasher: Yes
  • Interior Features:Entrance Foyer: Yes
  • Interior Features:Granite Counters: Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Walk-In Shower: Yes
  • Basement:Crawl Space: Yes
  • Fireplace Features:Family Room: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Range: Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Acres: 0.03
  • Construction Type: Vinyl Siding
  • Patio And Porch Features: Deck, Porch
  • Patio and Porch Features:Porch: Yes
  • Construction Materials:Vinyl Siding: Yes
  • Patio And Porch Features:Deck2: Yes
  • Window Features:Skylight(s): Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Assigned
  • Parking Features:Assigned: Yes

Utilities

  • Heating: Electric, Forced Air, Heat Pump
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Electric4: Yes
  • Heating:Forced Air: Yes
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Association Fee: 187.0
  • Association Fee Frequency: Monthly
  • Association Name: PPM
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: PPM
  • Association Amenities:Pool: Yes
  • Association Amenities:Tennis Courts: Yes
  • Association Fee Includes:Maintenance Structure2: Yes
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 187.0
  • General Property Information:Association Fee Frequency: Monthly

Schools

  • Ninth Grade High School: Wake County Schools
  • Middle Or Junior School: Wake County Schools

Lot Info

  • Lot Dimensions: See GIS Maps
  • Lot Size Sq Ft: 1306.8
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1758.0
  • Tax Year: 2021

MLS Schools

  • Elementary School: Wake County Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 12, 2022
Closed on
Mar 3, 2022
Sold by
Casella Mario C and Casella Mary V
Bought by
Kornegay Rachael W
Seller's Agent
Laura Burlage
THE CEDENO GROUP REAL ESTATE LLC
Buyer's Agent
Kenna Phillips
BRAKEN LLC
List Price
$264,900
Sold Price
$290,000
Premium/Discount to List
$25,100
9.48%
Current Estimated Value
$299,146

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,146
Avg. Annual Appreciation
0.23%
Original Mortgage
$246,500
Outstanding Balance
$230,310
Interest Rate
3.92%
Mortgage Type
Balloon
Estimated Equity
$62,038

Purchase Details

Closed on
Jan 23, 2002
Sold by
Woodall Charles E and Woodall Martha N
Bought by
Casella Mario C and Casella Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,200
Interest Rate
3.37%

Purchase Details

Closed on
Feb 18, 2000
Sold by
Wayda Elisabeth and Cormell David B
Bought by
Woodall Charles E and Woodall Martha N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,900
Interest Rate
8.12%
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
Kornegay Rachael W $290,000 Murphy Law Pllc
Casella Mario C $114,000 --
Woodall Charles E $114,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kornegay Rachael W $246,500
Previous Owner Casella Mario C $91,200
Previous Owner Woodall Charles E $113,900
Closed Casella Mario C $11,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2023 12/15/23 Off Market $290,000 -- --
03/11/2022 03/11/22 Sold $290,000 +9.5% $231 / Sq Ft
02/15/2022 02/15/22 Pending -- -- --
02/11/2022 02/11/22 For Sale $264,900 -- $211 / 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 $2,414 $274,463 $75,000 $199,463
2024 $2,404 $274,463 $75,000 $199,463
2023 $1,872 $169,904 $35,000 $134,904
2022 $1,740 $169,904 $35,000 $134,904
2021 $1,673 $169,904 $35,000 $134,904
2020 $1,643 $169,904 $35,000 $134,904
2019 $1,487 $126,615 $32,000 $94,615
2018 $1,403 $126,615 $32,000 $94,615
2017 $1,337 $126,615 $32,000 $94,615
2016 $1,310 $126,615 $32,000 $94,615
2015 $1,231 $116,989 $22,000 $94,989
2014 $1,169 $116,989 $22,000 $94,989
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2022

    Laura Burlage

    THE CEDENO GROUP REAL ESTATE LLC

    Section Image
  • Kenna Phillips

    Buyer's Agent in 2022

    Kenna Phillips

    BRAKEN LLC

    (919) 740-7201

    2 in this area

    80 Total Sales

    Kenna Phillips
    Section Image
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Map

Source: Doorify MLS

MLS Number: 2431162

Doorify MLS

APN: 0785.06-38-7822-000

North Carolina Wake County Raleigh 27612 Umstead

4640 Townesbury Ln, Raleigh, NC

This home is located at 4640 Townesbury Ln, Raleigh, NC 27612 since 12 February 2022 and is currently estimated at $292,348, approximately $232 per square foot. This property was built in 1986. 4640 Townesbury Ln is a home located in Wake County with nearby schools including Stough Elementary School, Oberlin Middle School, and Broughton Magnet High School.

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.

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