NOT LISTED FOR SALE

515 Wayne Dr Raleigh, NC 27608

Fallon Park Neighborhood

Estimated Value: $1,490,254 - $1,586,000

4 Beds
3.5 Baths
3,166 Sq Ft
$491/Sq Ft Est. Value

Last Sold June 07, 2021

Last sale price $915,000 $289 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $9,290/month

1 Day on Market

Highlights

  • Transitional Architecture
  • Wood Flooring
  • Loft
  • Joyner Elementary School Rated A-
  • Main Floor Primary Bedroom
  • Corner Lot

About This Home

As of June 2021

Stunning custom beauty in popular Oaks at Fallon Park. Soaring two story family room drenched in natural light. Kitchen boasts quartz countertops, wall oven, gas cooktop, tile backsplash and under cabinet lighting. FIRST floor primary bedroom with coffered ceiling. All bedrooms have direct bath access. Second floor loft with built-ins. New carpet in bedrooms and fresh interior paint. Custom millwork. Large bonus room. 2 car garage. Private brick patio. HOA covers exterior landscaping and community pool

Last Agent to Sell the Property

Eddie Cash

Allen Tate/Raleigh-Glenwood License #241024 Listed on: 04/20/2021

Allen Tate/Raleigh-Glenwood

Last Buyer's Agent

Graham Young

Berkshire Hathaway HomeService License #143163

Berkshire Hathaway HomeService

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,854

Year Built

  • Built in 2008

Lot Details

  • 6,534 Sq Ft Lot
  • Corner Lot

HOA Fees

  • $238 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Garage Door Opener
  • Private Driveway

Home Design

  • Transitional Architecture
  • Brick Exterior Construction

Interior Spaces

  • 3,166 Sq Ft Home
  • 2-Story Property
  • Bookcases
  • Coffered Ceiling
  • Tray Ceiling
  • Smooth Ceilings
  • High Ceiling
  • Ceiling Fan
  • Fireplace Features Masonry
  • Entrance Foyer
  • Family Room with Fireplace
  • Breakfast Room
  • Dining Room
  • Loft
  • Bonus Room
  • Utility Room
  • Crawl Space
  • Pull Down Stairs to Attic

Kitchen

  • Eat-In Kitchen
  • Butlers Pantry
  • Built-In Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Quartz Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Private Water Closet
  • Soaking Tub
  • Shower Only in Primary Bathroom
  • Separate Shower

Laundry

  • Laundry Room
  • Laundry on main level

Outdoor Features

  • Enclosed Patio or Porch

Schools

  • Joyner Elementary School
  • Oberlin Middle School
  • Broughton High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Cable TV Available

Community Details

Overview

  • Association fees include ground maintenance
  • Charleston Management Association
  • The Oaks At Fallon Park Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,854

Year Built

Built in 2008

Lot Details

0

HOA Fees

$238 per month

Parking

2

Listing Details

  • Year Built: 2008
  • Prop. Type: Residential
  • Reso Association Fee Includes: Maintenance Grounds
  • Subdivision Name: The Oaks at Fallon Park
  • Above Grade Finished Sq Ft: 3166.0
  • Architectural Style: Transitional
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Contract Information Ownership Type: Other
  • General Property Information Lot Size Dimensions: see plat map
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: Yes
  • Appliances Microwave: Yes
  • Wall Oven: Yes
  • Architectural Style Transitional: Yes
  • Attic Features Pull-Down Stairs: Yes
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Interior Features Water Closet: Yes
  • Laundry Features Laundry Room: Yes
  • Laundry Features Main Level: Yes
  • Sewer:Public Sewer: Yes
  • Structure Type Site Built: Yes
  • Water Source Public: Yes
  • Flooring Carpet: Yes
  • Interior Features Separate Shower: Yes
  • Interior Features Smooth Ceilings: Yes
  • Levels Two: Yes
  • Room Types Bedroom 2 Level: 2
  • Room Types Bedroom 3 Level: 2
  • Room Types Bedroom 4 Level: 2
  • Room Types Bonus Room: Yes
  • Room Types Dining Room2: Yes
  • Room Types Family Room2: Yes
  • Room Types Primary Bedroom Level: M
  • Room Types Loft: Yes
  • Room Types Utility Room: Yes
  • Appliances Refrigerators: Yes
  • Room Types Breakfast Room: Yes
  • Flooring Wood: Yes
  • Interior Features Bathtub Only: Yes
  • Interior Features Shower Only: Yes
  • Utilities Cable Available: Yes
  • General Property Information Senior Community YN: No
  • General Property Information Above Grade Finished Area: 3166.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 6534.0
  • General Property Information Lot Size Acres: 0.15
  • General Property Information:Living Area3: 3166.0
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Bathtub Only, Bookcases, Butler's Pantry, Ceiling Fan(s), Coffered Ceiling(s), Eat-in Kitchen, Entrance Foyer, High Ceilings, Pantry, Primary Downstairs, Quartz Counters, Separate Shower, Shower Only, Smooth Ceilings, Soaking Tub, Tray Ceiling(s), Walk-In Closet(s), Water Closet
  • Basement: Crawl Space
  • Appliances: Dishwasher, Gas Cooktop, Microwave, Plumbed For Ice Maker, Range Hood, Refrigerator, Wall Oven
  • Basement YN: No
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Family Room, Masonry
  • Fireplaces: 1
  • Appliances Dishwasher: Yes
  • Appliances:Gas Cooktop: Yes
  • Appliances:Plumbed For Ice Maker: Yes
  • Appliances:Range Hood: Yes
  • Community Features:Pool2: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Interior Features:Entrance Foyer: Yes
  • Interior Features:High Ceilings: Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Primary Downstairs: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Basement:Crawl Space: Yes
  • Fireplace Features:Family Room: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Interior Features:Quartz Counters: Yes
  • Interior Features:Tray Ceiling(s): Yes
  • Interior Features:Soaking Tub: Yes
  • Fireplace Features:Masonry: Yes
  • Interior Features:Bookcases: Yes
  • Interior Features:Coffered Ceiling(s): Yes
  • Interior Features:Butler_squote_s Pantry: Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Acres: 0.15
  • Construction Type: Brick
  • Patio And Porch Features: Enclosed, Patio, Porch
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Patio: Yes
  • Lot Features:Corner Lot: Yes
  • Construction Materials:Brick: Yes
  • Patio And Porch Features:Enclosed2: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Concrete, Driveway, Garage, Garage Door Opener
  • Parking Features:Garage: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Concrete4: Yes
  • Parking Features:Driveway: Yes
  • General Property Information:Garage Spaces: 2.0

Utilities

  • Utilities: Cable Available
  • Heating: Natural Gas
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Pool
  • Senior Community: No
  • Association Fee: 238.0
  • Association Fee Frequency: Monthly
  • Association Name: Charleston Management
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: Charleston Management
  • Association Amenities:Pool: Yes
  • Association Fee Includes:Maintenance Grounds2: Yes
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 238.0
  • General Property Information:Association Fee Frequency: Monthly

Schools

  • Ninth Grade High School: Wake - Broughton
  • Middle Or Junior School: Wake - Oberlin

Lot Info

  • Lot Dimensions: see plat map
  • Lot Size Sq Ft: 6534.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 7854.0
  • Tax Year: 2020

MLS Schools

  • Elementary School: Wake - Joyner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 20, 2021
Closed on
Jun 2, 2021
Sold by
Denny Heather Elizabeth
Bought by
Smith Laura Irby and Smith Robert Owen
Seller's Agent
Eddie Cash
Allen Tate/Raleigh-Glenwood
Buyer's Agent
Graham Young
Berkshire Hathaway HomeService
List Price
$925,000
Sold Price
$915,000
Premium/Discount to List
-$10,000
-1.08%
Current Estimated Value
$1,555,314

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$640,314
Avg. Annual Appreciation
12.28%
Original Mortgage
$777,750
Outstanding Balance
$704,156
Interest Rate
2.9%
Mortgage Type
Construction
Estimated Equity
$851,158

Purchase Details

Closed on
Mar 6, 2015
Sold by
Lassiter Road Partners Llc
Bought by
Lefrancois Construction Co Inc

Purchase Details

Closed on
Dec 1, 2010
Sold by
Legacy Custom Homes Inc
Bought by
Denny Heather Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$586,800
Interest Rate
4.31%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 30, 2007
Sold by
Cole Creek Ventures Llc
Bought by
Legacy Custom Homes Inc
Source: Public Records
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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
Smith Laura Irby $915,000 None Available
Lefrancois Construction Co Inc $65,000 None Available
Denny Heather Elizabeth $605,000 None Available
Legacy Custom Homes Inc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Laura Irby $777,750
Previous Owner Denny Heather Elizabeth $586,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/15/2023 12/15/23 Off Market $915,000 -- --
06/07/2021 06/07/21 Sold $915,000 -1.1% $289 / Sq Ft
04/21/2021 04/21/21 Pending -- -- --
04/20/2021 04/20/21 For Sale $925,000 -- $292 / 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 $11,134 $1,274,435 $525,000 $749,435
2024 $11,088 $1,274,435 $525,000 $749,435
Source: Public Records

Agents Affiliated with this Home

  • Eddie Cash

    Seller's Agent in 2021

    Eddie Cash

    Allen Tate/Raleigh-Glenwood

    (919) 749-1729

    3 in this area

    232 Total Sales

    Eddie Cash
    Section Image
  • Graham Young

    Buyer's Agent in 2021

    Graham Young

    Berkshire Hathaway HomeService

    (919) 345-5500

    6 in this area

    90 Total Sales

    Graham Young
    Section Image
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Map

Source: Doorify MLS

MLS Number: 2378862

Doorify MLS

APN: 1705.20-80-0473-000

North Carolina Wake County Raleigh 27608 Fallon Park

515 Wayne Dr, Raleigh, NC

Not Listed for Sale

Detached

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