NOT LISTED FOR SALE

647 Ashe Lake Way Fuquay Varina, NC 27526

Estimated Value: $379,000 - $448,000

3 Beds
2 Baths
1,420 Sq Ft
$280/Sq Ft Est. Value

Last Sold May 12, 2022

Last sale price $385,000 $271 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $2,414/month

5 Days on Market

Highlights

  • Ranch Style House
  • Community Pool
  • Breakfast Room
  • Wood Flooring
  • Covered Patio or Porch
  • Fenced Yard

About This Home

As of May 2022

Very hard to find Ranch in the beautiful South Lakes Subdivision. Enjoy this active neighborhood with sidewalks leading to the pool and lakes. Split floor plan features a large master bedroom and 2 more bedrooms on opposite side of home. Spacious living room and a very large fenced back yard with a fire pit and a covered porch...great for entertaining guests. Located very convenient to Raleigh and Fayetteville, close to schools, medical care and travel. Showings start Friday 4-9-22.

Last Agent to Sell the Property

Stu Barnes

Stu Barnes Real Estate License #235679 Listed on: 04/05/2022

Last Buyer's Agent

Kristen McCutcheon

Keller Williams Realty Cary License #301947

Keller Williams Realty Cary

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,410

Year Built

  • Built in 2010

Lot Details

  • 6,534 Sq Ft Lot
  • Fenced Yard
  • Landscaped

HOA Fees

  • $45 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Garage Door Opener
  • Private Driveway

Home Design

  • Ranch Style House
  • Slab Foundation

Interior Spaces

  • 1,420 Sq Ft Home
  • Smooth Ceilings
  • Ceiling Fan
  • Gas Log Fireplace
  • Living Room with Fireplace
  • Breakfast Room
  • Scuttle Attic Hole
  • Fire and Smoke Detector

Kitchen

  • Gas Range
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Laundry on main level
  • Electric Dryer Hookup

Outdoor Features

  • Covered Patio or Porch
  • Rain Gutters

Schools

  • South Lakes Elementary School
  • Fuquay Varina Middle School
  • Willow Spring High School

Utilities

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

Community Details

Overview

  • South Lakes Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,410

Year Built

Built in 2010

Lot Details

0

HOA Fees

$45 per month

Parking

2

Listing Details

  • Year Built: 2010
  • Prop. Type: Residential
  • Subdivision Name: South Lakes
  • Above Grade Finished Sq Ft: 1420.0
  • Architectural Style: Ranch
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Contract Information Ownership Type: Other
  • General Property Information Lot Size Dimensions: see plat
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: Yes
  • Appliances Microwave: Yes
  • Architectural Style Ranch: Yes
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Foundation Details Slab: Yes
  • Laundry Features Laundry Room: Yes
  • Laundry Features Main Level: Yes
  • Levels One: Yes
  • Security Features Smoke Detector(s): Yes
  • Sewer:Public Sewer: Yes
  • Structure Type Site Built: Yes
  • Water Source Public: Yes
  • Flooring Carpet: Yes
  • Flooring Hardwood: Yes
  • Interior Features Separate Shower: Yes
  • Interior Features Smooth Ceilings: Yes
  • Room Types Bedroom 2 Level: M
  • Room Types Bedroom 3 Level: M
  • Room Types Primary Bedroom Level: M
  • Laundry Features Electric Dryer Hookup: Yes
  • Room Types Living Room2: Yes
  • Room Types Breakfast Room: Yes
  • Utilities Cable Available: Yes
  • Attic Features Scuttle: Yes
  • General Property Information Above Grade Finished Area: 1420.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 6534.0
  • General Property Information Lot Size Acres: 0.15
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Hardwood, Tile
  • Interior Amenities: Ceiling Fan(s), Separate Shower, Smooth Ceilings, Walk-In Closet(s)
  • Appliances: Dishwasher, Electric Water Heater, Gas Range, Microwave, Plumbed For Ice Maker
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log, Living Room
  • Fireplaces: 1
  • Total Bedrooms: 6
  • Appliances Dishwasher: Yes
  • Appliances:Plumbed For Ice Maker: Yes
  • Community Features:Pool2: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Appliances:Electric Water Heater: Yes
  • Fireplace Features:Gas Log: Yes
  • Fireplace Features:Living Room: Yes
  • Appliances:Gas Range: Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Exterior Features: Fenced Yard, Rain Gutters
  • Acres: 0.15
  • Construction Type: Fiber Cement
  • Foundation Details: Slab
  • Patio And Porch Features: Covered, Patio, Porch
  • Construction Materials:Fiber Cement: Yes
  • Exterior Features:Rain Gutters: Yes
  • Lot Features:Landscaped: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Covered2: Yes
  • Patio And Porch Features:Patio: Yes
  • Exterior Features:Fenced - Yard: 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: Electric, Forced Air, Natural Gas
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Electric4: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Pool
  • Association Fee: 270.0
  • Association Fee Frequency: Semi-Annually
  • Association: Yes

Association/Amenities

  • Association Amenities:Pool: Yes
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 270.0
  • General Property Information:Association Fee Frequency: Semi-Annually

Schools

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

Lot Info

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

Tax Info

  • Tax Annual Amount: 2410.0
  • Tax Year: 2022

MLS Schools

  • Elementary School: Wake - South Lakes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 5, 2022
Closed on
May 5, 2022
Sold by
Spates Ashley C and Spates Micheal G
Bought by
Carraway Colin C and Weinman Tierney D
Seller's Agent
Stu Barnes
Stu Barnes Real Estate
Buyer's Agent
Kristen McCutcheon
Keller Williams Realty Cary
List Price
$385,000
Sold Price
$385,000
Current Estimated Value
$398,289

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,289
Avg. Annual Appreciation
1.00%
Original Mortgage
$327,250
Outstanding Balance
$310,936
Interest Rate
5.27%
Mortgage Type
New Conventional
Estimated Equity
$87,353

Purchase Details

Closed on
Aug 1, 2016
Sold by
Arnette Connie L
Bought by
Spates Michael G and Spates Ashley C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,000
Interest Rate
3.56%
Mortgage Type
VA

Purchase Details

Closed on
Jun 14, 2016
Sold by
Suggs Dale Anthony and Suggs Patricia Marie
Bought by
Arnette Connie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,000
Interest Rate
3.56%
Mortgage Type
VA

Purchase Details

Closed on
Jun 7, 2010
Sold by
Impact Design Build Inc
Bought by
Caruso Matthew Charles and Porter Kimberly M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,122
Interest Rate
4.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 26, 2010
Sold by
Ks Bank Inc
Bought by
Impact Design Build Inc

Purchase Details

Closed on
Oct 13, 2009
Sold by
Preservation Homes Llc and Bland Thomas R
Bought by
Ks Bank Inc

Purchase Details

Closed on
Dec 12, 2007
Sold by
Ipg South Lakes Llc
Bought by
Preservation Homes Llc
Source: Public Records

Range of Values:

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Average Value
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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
Carraway Colin C $385,000 None Listed On Document
Spates Michael G $203,000 None Available
Arnette Connie L -- None Available
Caruso Matthew Charles $197,500 None Available
Impact Design Build Inc $190,000 None Available
Ks Bank Inc $475,869 None Available
Preservation Homes Llc $860,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carraway Colin C $327,250
Previous Owner Spates Michael G $203,000
Previous Owner Caruso Matthew Charles $158,122
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/15/2023 12/15/23 Off Market $385,000 -- --
05/12/2022 05/12/22 Sold $385,000 0.0% $271 / Sq Ft
04/12/2022 04/12/22 Pending -- -- --
04/07/2022 04/07/22 For Sale $385,000 -- $271 / 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 $3,166 $359,558 $100,000 $259,558
2024 $3,154 $359,558 $100,000 $259,558
2023 $2,690 $240,136 $42,000 $198,136
2022 $2,528 $240,136 $42,000 $198,136
2021 $2,409 $240,136 $42,000 $198,136
2020 $2,409 $240,136 $42,000 $198,136
2019 $2,320 $199,482 $42,000 $157,482
2018 $2,188 $199,482 $42,000 $157,482
2017 $2,110 $199,482 $42,000 $157,482
2016 -- $199,482 $42,000 $157,482
2015 $2,096 $207,753 $46,000 $161,753
2014 $2,021 $207,753 $46,000 $161,753
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2440331

Doorify MLS

APN: 0676.03-33-6584-000