NOT LISTED FOR SALE

7113 Barn Owl Ln Raleigh, NC 27614

Falls Lake Neighborhood

Estimated Value: $1,890,000 - $2,090,000

5 Beds
7 Baths
5,300 Sq Ft
$379/Sq Ft Est. Value

Last Sold July 29, 2022

Last sale price $1,800,000 $340 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $11,770/month

3 Days on Market

Highlights

  • New Construction
  • Family Room with Fireplace
  • Transitional Architecture
  • Pleasant Union Elementary School Rated A
  • Recreation Room
  • Wood Flooring

About This Home

As of July 2022

4 Car Garage! 1st Floor Master, Guest & Study! Backs to Army Corp of Engineers Land! Walking Distance to Falls Lake! Kit: White Cabs to Ceiling, Quartz Center Island w/Pendant Lights, SS Appliances! Wine Room & Huge Scullery! Open to Breakfast Nook w/Access to Screened Porch! Master: w/HWDs & Tray Ceiling! MBath: Dual Vanity w/Quartz, Tile Srrnd Shower w/Freestanding Tub & Huge Custom WIC! FamRoom: Accent Beam Ceiling, Cstm Srrnd Gas Log FP w/Blt Ins & Slider to Screened Porch w/Fireplace! Pool Ready Lot!

Last Agent to Sell the Property

Jim Allen

Coldwell Banker HPW License #126077 Listed on: 06/11/2022

Last Buyer's Agent

Dana Ellington

Compass -- Raleigh License #255265

Compass -- Raleigh

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,145

Year Built

  • Built in 2022 | New Construction

Lot Details

  • 0.99 Acre Lot
  • Landscaped with Trees
  • Property is zoned R80-W

HOA Fees

  • $100 Monthly HOA Fees

Parking

  • 4 Car Attached Garage
  • Front Facing Garage
  • Side Facing Garage
  • Garage Door Opener
  • Private Driveway

Home Design

  • Transitional Architecture
  • Brick Exterior Construction
  • Frame Construction
  • Board and Batten Siding

Interior Spaces

  • 5,300 Sq Ft Home
  • 2-Story Property
  • Bookcases
  • Smooth Ceilings
  • High Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Mud Room
  • Entrance Foyer
  • Family Room with Fireplace
  • 2 Fireplaces
  • Breakfast Room
  • Dining Room
  • Home Office
  • Recreation Room
  • Bonus Room
  • Screened Porch
  • Storage
  • Utility Room
  • Crawl Space
  • Unfinished Attic
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Range Hood
  • Plumbed For Ice Maker
  • Quartz Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • In-Law or Guest Suite
  • Private Water Closet
  • Separate Shower in Primary Bathroom
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on main level

Eco-Friendly Details

  • Energy-Efficient Lighting
  • Energy-Efficient Thermostat

Outdoor Features

  • Rain Gutters

Schools

  • Pleasant Grove Elementary School
  • Wakefield Middle School
  • Wakefield High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Tankless Water Heater
  • Septic Tank
  • Cable TV Available

Community Details

  • Ppm, Inc. Association
  • Built by HJ Morris Construction, Inc.
  • Falls Reserve Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,145

Year Built

Built in 2022 | New Construction

Lot Details

0

HOA Fees

$100 per month

Parking

4

Listing Details

  • Builder Name: HJ Morris Construction, Inc.
  • Year Built: 2022
  • Prop. Type: Residential
  • Subdivision Name: Falls Reserve
  • Above Grade Finished Sq Ft: 5300.0
  • Architectural Style: Transitional
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: Yes
  • Efficiency: Lighting, Thermostat
  • Contract Information Ownership Type: Other
  • General Property Information Lot Size Dimensions: See Survey
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: Yes
  • Architectural Style Transitional: Yes
  • Flooring Tile: Yes
  • Interior Features BathtubShower Combination: Yes
  • Interior Features Water Closet: Yes
  • Laundry Features Laundry Room: Yes
  • Laundry Features Main Level: Yes
  • Security Features Smoke Detector(s): Yes
  • Structure Type Site Built: Yes
  • Contract Information Estimated Completion Date: 2022-07-01
  • Cooling Zoned: Yes
  • Flooring Carpet: Yes
  • Flooring Hardwood: Yes
  • Interior Features Separate Shower: Yes
  • Interior Features Smooth Ceilings: Yes
  • Levels Two: Yes
  • Lot Features Hardwood Trees: Yes
  • Property Condition Framed: Yes
  • Room Types Bedroom 2 Level: M
  • 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 Office: Yes
  • Room Types Primary Bedroom Level: M
  • Laundry Features Upper Level: Yes
  • Room Types Bedroom 5 Level: 2
  • Room Types Utility Room: Yes
  • Room Types Breakfast Room: Yes
  • Utilities Cable Available: Yes
  • In-Law Suite Details Main Foor: Yes
  • Room Types Recreation Room3: Yes
  • Attic Features Unfinished2: Yes
  • Water Source Community Water: Yes
  • Room Types Mud Room: Yes
  • General Property Information Above Grade Finished Area: 5300.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 43124.4
  • General Property Information Lot Size Acres: 0.99
  • General Property Information Builder Name: HJ Morris Construction, Inc.
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Hardwood, Tile
  • Interior Amenities: Bathtub/Shower Combination, Bookcases, Ceiling Fan(s), Eat-in Kitchen, Entrance Foyer, High Ceilings, In-Law Floorplan, Pantry, Primary Downstairs, Quartz Counters, Separate Shower, Smooth Ceilings, Storage, Walk-In Closet(s), Walk-In Shower, Water Closet
  • Basement: Crawl Space
  • Appliances: Plumbed For Ice Maker, Range Hood, Self Cleaning Oven, Tankless Water Heater
  • Basement YN: No
  • Full Bathrooms: 5
  • Half Bathrooms: 2
  • Total Bedrooms: 5
  • Fireplace Features: Family Room, Gas, Gas Log, Sealed Combustion
  • Fireplaces: 2
  • Total Bedrooms: 15
  • Appliances:Plumbed For Ice Maker: Yes
  • Appliances:Range Hood: Yes
  • Appliances:Tankless Water Heater: 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
  • Interior Features:Walk-In Shower: Yes
  • Basement:Crawl Space: Yes
  • Fireplace Features:Family Room: Yes
  • Fireplace Features:Sealed Combustion: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Interior Features:Quartz Counters: Yes
  • Interior Features:Storage3: Yes
  • Fireplace Features:Gas Log: Yes
  • Appliances:Self Cleaning Oven: Yes
  • Fireplace Features:Gas4: Yes
  • Interior Features:Bookcases: Yes
  • Attic Features:Walk-In Attic: Yes
  • Interior Features:In-Law Floorplan: Yes
  • Fireplace Features:Fireplaces Total: 2

Exterior Features

  • Exterior Features: Rain Gutters
  • Acres: 0.99
  • Construction Type: Board & Batten Siding, Brick, Fiber Cement
  • Patio And Porch Features: Porch, Screened
  • Construction Materials:Fiber Cement: Yes
  • Exterior Features:Rain Gutters: Yes
  • Lot Features:Landscaped: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Screened: Yes
  • Construction Materials:Board Batten Siding: Yes
  • Construction Materials:Brick: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 4.0
  • Parking Features: Attached, Concrete, Driveway, Garage, Garage Door Opener, Garage Faces Front, Garage Faces Side
  • Parking Features:Attached: Yes
  • Parking Features:Garage: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Concrete4: Yes
  • Parking Features:Driveway: Yes
  • Parking Features:Garage Faces Front: Yes
  • Parking Features:Garage Faces Side: Yes
  • General Property Information:Garage Spaces: 4.0

Utilities

  • Utilities: Cable Available
  • Heating: Forced Air, Natural Gas, Zoned
  • Cooling: Zoned
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Community Water
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes
  • Heating:Zoned2: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Association Fee: 1200.0
  • Association Fee Frequency: Annually
  • Association Name: PPM, Inc.
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: PPM, Inc.
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 1200.0
  • General Property Information:Association Fee Frequency: Annually

Schools

  • Ninth Grade High School: Wake - Wakefield
  • Middle Or Junior School: Wake - Wakefield

Lot Info

  • Zoning: R80-W
  • Lot Dimensions: See Survey
  • Lot Size Sq Ft: 43124.4
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Green Features

  • Green Energy Efficient:Lighting2: Yes
  • Green Energy Efficient:Thermostat: Yes

Tax Info

  • Tax Map Number: 18230/2599

MLS Schools

  • Elementary School: Wake - Pleasant Grove

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 11, 2022
Closed on
Jul 21, 2022
Sold by
Hj Morris Construction Inc
Bought by
Milani Farhang and Milani Gwendolyn
Seller's Agent
Jim Allen
Coldwell Banker HPW
Buyer's Agent
Dana Ellington
Compass -- Raleigh
Sold Price
$1,800,000
Current Estimated Value
$2,010,265

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$210,265
Avg. Annual Appreciation
3.50%
Original Mortgage
$1,440,000
Outstanding Balance
$1,377,826
Interest Rate
5.78%
Mortgage Type
New Conventional
Estimated Equity
$632,439
Source: Public Records

Range of Values:

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
Milani Farhang $1,800,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Milani Farhang $1,440,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/15/2023 12/15/23 Off Market $1,800,000 -- --
07/29/2022 07/29/22 Sold $1,800,000 -- $340 / Sq Ft
06/14/2022 06/14/22 Pending -- -- --
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 $12,145 $1,895,767 $275,000 $1,620,767
2024 $11,447 $1,840,167 $275,000 $1,565,167
2023 $9,359 $1,197,788 $210,000 $987,788
2022 $3,072 $425,300 $210,000 $215,300
2021 $428 $210,000 $210,000 $0
2020 $1,451 $210,000 $210,000 $0
2019 $0 $185,000 $185,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Jim Allen

    Seller's Agent in 2022

    Jim Allen

    Coldwell Banker HPW

    (919) 845-9909

    457 in this area

    4,815 Total Sales

    Jim Allen
    Section Image
  • Dana Ellington

    Buyer's Agent in 2022

    Dana Ellington

    Compass -- Raleigh

    (919) 622-5051

    29 in this area

    392 Total Sales

    Dana Ellington
    Section Image
See All Agents

Map

Source: Doorify MLS

MLS Number: 2455207

Doorify MLS

APN: 0890.02-99-2264-000

North Carolina Wake County Raleigh 27614 Falls Lake

7113 Barn Owl Ln, Raleigh, NC

This home is located at 7113 Barn Owl Ln, Raleigh, NC 27614 since 11 June 2022 and is currently estimated at $2,010,265, approximately $379 per square foot. This property was built in 2022. 7113 Barn Owl Ln is a home located in Wake County with nearby schools including Pleasant Union Elementary School, Wakefield Middle, and Wakefield 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.

Doorify MLS 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