NOT LISTED FOR SALE

724 Fallon Grove Way Raleigh, NC 27608

Estimated Value: $750,783 - $883,000

4 Beds
3.5 Baths
2,433 Sq Ft
$324/Sq Ft Est. Value

Last Sold June 21, 2021

Last sale price $600,000 $247 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $4,972/month

Highlights

  • Transitional Architecture
  • Wood Flooring
  • End Unit
  • Joyner Elementary School Rated A-
  • Main Floor Primary Bedroom
  • Forced Air Heating and Cooling System

About This Home

As of June 2021

For Comp Purposes Only. End unit townhome in The Grove at Fallon Park loaded with upgrades.

Last Agent to Sell the Property

Stephen Strickland

POINTE REALTY GROUP LLC License #279654 Listed on: 06/21/2021

Last Buyer's Agent

Laura Siegmund

Luxe Residential, LLC License #280627

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,435

Year Built

  • Built in 2015

Lot Details

  • 3,920 Sq Ft Lot
  • End Unit

HOA Fees

  • $165 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Transitional Architecture
  • Brick Exterior Construction

Interior Spaces

  • 2,433 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

  • Association fees include maintenance structure
  • The Grove At Fallon Park Subdivision

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,435

Year Built

Built in 2015

Lot Details

0

HOA Fees

$165 per month

Parking

2

Listing Details

  • Year Built: 2015
  • Prop. Type: Residential
  • Reso Association Fee Includes: Maintenance Structure
  • Subdivision Name: The Grove at Fallon Park
  • Above Grade Finished Sq Ft: 2433.0
  • Architectural Style: Transitional
  • 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 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
  • Cooling Central Air: Yes
  • Structure Type Site Built: Yes
  • Flooring Carpet: Yes
  • Flooring Hardwood: Yes
  • Levels Two: Yes
  • Room Types Primary Bedroom Level: M
  • Common Walls End Unit: Yes
  • General Property Information Above Grade Finished Area: 2433.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 3920.4
  • General Property Information Lot Size Acres: 0.09
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Flooring: Carpet, Hardwood
  • Basement YN: No
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Gas
  • Fireplaces: 1
  • Total Bedrooms: 13
  • Community Features:Street Lights: Yes
  • Fireplace Features:Gas4: Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Acres: 0.09
  • Common Walls: End Unit
  • Construction Type: Brick, Fiber Cement
  • Construction Materials:Fiber Cement: Yes
  • Construction Materials:Brick: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Garage
  • Parking Features:Garage: Yes
  • General Property Information:Garage Spaces: 2.0

Utilities

  • Heating: Forced Air, Natural Gas
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Street Lights
  • Association Fee: 165.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • Association Fee Includes:Maintenance Structure2: Yes
  • General Property Information:Association Fee: 165.0
  • 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 survey
  • Lot Size Sq Ft: 3920.4
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4435.0
  • Tax Year: 2020

MLS Schools

  • Elementary School: Wake - Joyner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 21, 2021
Closed on
Jun 21, 2021
Sold by
Kepraios Michael J and Kepraios Becky Joan
Bought by
Holdsworth Broughton H and Holdsworth Barbara A
Seller's Agent
Stephen Strickland
POINTE REALTY GROUP LLC
Buyer's Agent
Laura Siegmund
Luxe Residential, LLC
List Price
$600,000
Sold Price
$600,000
Total Days on Market
0
Current Estimated Value
$770,289

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$170,289
Avg. Annual Appreciation
7.07%

Purchase Details

Closed on
Nov 20, 2015
Sold by
M I Homes Of Raleigh Llc
Bought by
Kepraios Michael J and Kepraios Becky Jaon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$399,550
Interest Rate
2.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

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Range of Values:

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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
Holdsworth Broughton H $600,000 None Available
Kepraios Michael J $499,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kepraios Michael J $399,550
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2023 12/15/23 Off Market $600,000 -- --
06/21/2021 06/21/21 Sold $600,000 0.0% $247 / Sq Ft
06/21/2021 06/21/21 Pending -- -- --
06/21/2021 06/21/21 For Sale $600,000 -- $247 / 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
2024 $6,031 $692,066 $210,000 $482,066
2023 $5,458 $498,943 $132,000 $366,943
2022 $5,072 $498,943 $132,000 $366,943
2021 $4,875 $498,943 $132,000 $366,943
2020 $4,435 $498,943 $132,000 $366,943
2019 $3,952 $339,263 $126,000 $213,263
2018 $3,061 $430,662 $126,000 $304,662
2017 $0 $430,662 $126,000 $304,662
2016 $1,614 $126,000 $126,000 $0
2015 $911 $88,000 $88,000 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2021

    Stephen Strickland

    POINTE REALTY GROUP LLC

    (919) 874-7490

    13 Total Sales

    Stephen Strickland
    Section Image

  • L

    Buyer's Agent in 2021

    Laura Siegmund

    Luxe Residential, LLC

    (919) 696-9088

    21 Total Sales

    Laura Siegmund
    Section Image
See All Agents

Map

Source: Doorify MLS

MLS Number: 2391109

Doorify MLS

APN: 1705.20-91-2237-000

North Carolina Wake County Raleigh 27608

724 Fallon Grove Way, Raleigh, NC

This home is located at 724 Fallon Grove Way, Raleigh, NC 27608 since 21 June 2021 and is currently estimated at $787,946, approximately $323 per square foot. This property was built in 2015. 724 Fallon Grove Way is a home located in Wake County with nearby schools including Joyner Elementary School, Oberlin Middle School, and Broughton Magnet High School.

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