NOT LISTED FOR SALE

554 Fallingbrook Dr Kenly, NC 27542

Estimated Value: $326,000 - $369,000

3 Beds
2.5 Baths
2,262 Sq Ft
$152/Sq Ft Est. Value

Last Sold August 31, 2023

Last sale price $327,000 $145 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $2,005/month

4 Days on Market

Highlights

  • Formal Dining Room
  • Walk-In Closet
  • Central Air
  • North Johnston Middle School Rated 9+
  • Ceiling height of 9 feet or more
  • Ceiling Fan

About This Home

As of August 2023

Walk into this gorgeous *newer construction* home! 3 bedrooms, 2 1/2 baths with a bonus room and 2262 Sq ft! Walk in to the foyer with formal dining room to your left. Coffered ceilings- this room is being used as an office/game space! HUGE kitchen is open the living room. Kitchen features tile backsplash, stainless appliances, granite and has laminate flooring throughout. The living room has gas log fireplace. 1/2 bath also on first floor. 2nd floor has all 3 bedrooms and a bonus room! Lush Master Suite with WIC, Dual Vanity, Soaking Tub & Separate Shower. Laundry Room on 2nd Floor. LOFT area AND a bonus room that easily could be used as a 4th bedroom! Covered Porch, 2 Car Garage and back yard backs up to woods! Play area in back yard conveys. Extended concrete parking pad

Last Agent to Sell the Property

Megan Krape

RE/MAX Complete License #290784 Listed on: 07/18/2023

RE/MAX Complete

Last Buyer's Agent

A Non Member

A Non Member

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2021

Lot Details

  • 0.39 Acre Lot

HOA Fees

  • $25 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Composition Roof
  • Stone Siding
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 2,262 Sq Ft Home
  • 2-Story Property
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Gas Log Fireplace
  • Formal Dining Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Parking

  • 2 Car Attached Garage
  • Driveway

Schools

  • Micro Elementary School
  • North Johnston Middle School
  • North Johnston High School

Utilities

  • Central Air
  • Heat Pump System
  • Well Pump

Community Details

  • River Ridge HOA
  • River Ridge Subdivision
  • Maintained Community

Listing and Financial Details

  • Assessor Parcel Number 265500-12-2541

Home Details

Home Type

Single Family

Year Built

Built in 2021

Lot Details

0

HOA Fees

$25 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 2.0
  • Stories Levels: Two
  • Year Built: 2021
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Dining Room Type: Formal, Kitchen
  • Fireplace: 1
  • Heated Sq Ft: 2200 - 2399
  • Interior Amenities: 9Ft+ Ceilings, Ceiling Fan(s), Gas Logs, Walk-In Closet
  • List Price per Sq Ft: 143.68
  • Master Bedroom Level: Non Primary Living Area
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Bedrooms: 3
  • Sq Ft Heated: 2262.00
  • Total Heated Primary Separate Sq Ft: 2262.00

Exterior Features

  • Exterior Finish: Stone, Vinyl Siding
  • Fencing: None
  • Foundation: Slab
  • Porch Balcony Deck: See Remarks
  • Road Type Frontage: Maintained
  • Roof: Composition
  • Waterfront: No

Garage/Parking

  • Attached Garage Spaces: 2.00
  • Total Garage Spaces: 2.00
  • Parking Driveway: Concrete

Utilities

  • Cooling System: Central
  • Fuel Tank: None
  • Heating System: Heat Pump
  • Utilities: Community Water, Pump Station
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Maint - Comm Areas, Maint - Roads
  • HOAAssociationFee1Year: 300.00
  • HOAAssociationName: River Ridge HOA

Lot Info

  • Deed Page: 398.00
  • Lot Acres: 0.39
  • Lot Sq Ft: 16988.00

Tax Info

  • Tax Identifier: 265500-12-2541
  • Tax Year: 2022

MLS Schools

  • Elementary School: Micro Elementary
  • High School: North Johnston
  • Middle School: North Johnston

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 18, 2023
Closed on
Aug 31, 2023
Sold by
Noble Elijah Kole and Heaven Leigh
Bought by
Peebles Gary
Seller's Agent
Megan Krape
RE/MAX Complete
Buyer's Agent
A Non Member
A Non Member
List Price
$325,000
Sold Price
$327,000
Premium/Discount to List
$2,000
0.62%
Views
14
Current Estimated Value
$344,731

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,731
Avg. Annual Appreciation
2.30%
Original Mortgage
$310,650
Outstanding Balance
$303,836
Interest Rate
6.78%
Mortgage Type
Construction
Estimated Equity
$40,895

Purchase Details

Listed on
Jul 26, 2021
Closed on
Oct 5, 2021
Sold by
J & N Developers Llc
Bought by
Noble Elijah Kole and Noble Heaven Leigh
Seller's Agent
Beth Hines
RE/MAX Southland Realty II
Buyer's Agent
Megan Krape
RE/MAX Complete
List Price
$292,900
Sold Price
$292,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.07%
Original Mortgage
$299,636
Interest Rate
2.8%
Mortgage Type
VA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Peebles Gary -- None Listed On Document
Noble Elijah Kole $293,000 None Available
Noble Elijah Kole $293,000 Blackburn Jason M
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Peebles Gary $310,650
Previous Owner Noble Elijah Kole $299,636
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/31/2023 08/31/23 Sold $327,000 +0.6% $145 / Sq Ft
07/22/2023 07/22/23 Pending -- -- --
07/18/2023 07/18/23 For Sale $325,000 +11.0% $144 / Sq Ft
10/18/2021 10/18/21 Sold $292,900 0.0% $129 / Sq Ft View Prior Sale
08/02/2021 08/02/21 Pending -- -- --
07/26/2021 07/26/21 For Sale $292,900 -- $129 / Sq Ft
Source: Hive 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 $2,016 $317,470 $45,000 $272,470
2024 $1,898 $234,290 $31,000 $203,290
2023 $1,851 $234,290 $31,000 $203,290
2022 $1,945 $234,290 $31,000 $203,290
2021 $257 $31,000 $31,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Hive MLS

MLS Number: 100395160

Hive MLS

APN: 03Q05037E