NOT LISTED FOR SALE

7341 Summer Tanager Trail Raleigh, NC 27614

Falls Lake Neighborhood

Estimated Value: $1,403,000 - $1,530,000

4 Beds
5.5 Baths
4,228 Sq Ft
$347/Sq Ft Est. Value

Last Sold May 21, 2021

Last sale price $1,025,000 $242 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $8,535/month

148 Days on Market

Highlights

  • Home Theater
  • New Construction
  • Transitional Architecture
  • Pleasant Union Elementary School Rated A
  • Recreation Room
  • Wood Flooring

About This Home

As of May 2021

3 CAR GARAGE! ROOM FOR A POOL! SealedCrawl & Tnklss H20 Htr! Pella Wndws & SiteFnshd HWDs! Kit: CstmFloor2Ceiling Cabs, Island w/OversizedFarmSink & Gourmet SS Appls & Entry to Pantry w/WoodTops! Btlrs Bar w/Wine Frdge CutOut & Overhang! Mstr w/TrayCeiling, HWDs & His/Her Luxury Baths w/Prvt H20 Clsts & WalkThru Spa Shwr & Freestand Tub, His/Her WICs w/DressingArea! FamRm: Cstm Ceiling Beams & Stone Srrnd FP, 16' PellaSlider to CvrdRearPorch & RaisedPatio w/Flagstone & Outdoor Gas Firepit!

Last Agent to Sell the Property

Jim Allen

Coldwell Banker HPW License #126077 Listed on: 10/22/2020

Last Buyer's Agent

Jennifer Lange

Coldwell Banker HPW License #212828

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,759

Year Built

  • Built in 2021 | New Construction

Lot Details

  • 0.96 Acre Lot
  • Landscaped
  • Corner Lot
  • Property is zoned R80-W

HOA Fees

  • $100 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Parking Pad
  • Front Facing Garage
  • Side Facing Garage
  • Garage Door Opener
  • Private Driveway

Home Design

  • Transitional Architecture
  • Farmhouse Style Home
  • Brick Exterior Construction
  • Frame Construction
  • Board and Batten Siding
  • Shake Siding
  • Low Volatile Organic Compounds (VOC) Products or Finishes
  • Radiant Barrier

Interior Spaces

  • 4,228 Sq Ft Home
  • 2-Story Property
  • Plumbed for Central Vacuum
  • Wired For Sound
  • Bookcases
  • Tray Ceiling
  • Smooth Ceilings
  • High Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Insulated Windows
  • Mud Room
  • Entrance Foyer
  • Family Room with Fireplace
  • Breakfast Room
  • Dining Room
  • Home Theater
  • Home Office
  • Recreation Room
  • Loft
  • Bonus Room
  • Storage
  • Utility Room
  • Home Gym
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Butlers Pantry
  • Built-In Double Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • ENERGY STAR Qualified Appliances
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Dressing Area
  • In-Law or Guest Suite
  • Low Flow Plumbing Fixtures
  • Private Water Closet
  • Separate Shower in Primary Bathroom
  • Soaking Tub
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on main level

Attic

  • Attic Floors
  • Unfinished Attic

Home Security

  • Prewired Security
  • Fire and Smoke Detector

Accessible Home Design

  • Accessible Washer and Dryer

Eco-Friendly Details

  • Energy-Efficient Lighting
  • Energy-Efficient Thermostat
  • No or Low VOC Paint or Finish

Outdoor Features

  • Patio
  • Rain Gutters
  • Porch

Schools

  • Pleasant Union Elementary School
  • Wakefield Middle School
  • Wakefield High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Heat Pump System
  • Tankless Water Heater
  • Gas Water Heater
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Community Details

  • Association fees include storm water maintenance
  • Falls Rerserve HOA
  • Built by Grande Manor Homes
  • Falls Reserve Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,759

Year Built

Built in 2021 | New Construction

Lot Details

0

HOA Fees

$100 per month

Parking

3

Listing Details

  • Builder Name: Grande Manor Homes
  • Year Built: 2021
  • Prop. Type: Residential
  • Reso Association Fee Includes: Storm Water Maintenance
  • Subdivision Name: Falls Reserve
  • Above Grade Finished Sq Ft: 4228.0
  • Architectural Style: Farmhouse, Transitional
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One and One Half, Two
  • New Construction: Yes
  • Efficiency: Lighting, Thermostat
  • Contract Information Ownership Type: Other
  • General Property Information Above Grade Unfinished Area: 481.0
  • General Property Information Total Unfinished Area2: 481.0
  • 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
  • Appliances Microwave: Yes
  • Wall Oven: Yes
  • Architectural Style Transitional: Yes
  • Cooling Central Air: 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: 2021-05-01
  • Architectural Style Farm House: Yes
  • Construction Materials Radiant Barrier: Yes
  • Flooring Carpet: Yes
  • Flooring Hardwood: Yes
  • Interior Features Separate Shower: Yes
  • Interior Features Smooth Ceilings: Yes
  • Levels Two: Yes
  • Property Condition Framed: Yes
  • Room Types Bedroom 2 Level: 2
  • Room Types Bedroom 3 Level: 2
  • Room Types Bedroom 4 Level: M
  • Room Types Bonus Room: Yes
  • Room Types Den2: Yes
  • Room Types Dining Room2: Yes
  • Room Types Family Room2: Yes
  • Room Types Office: Yes
  • Room Types Primary Bedroom Level: M
  • Room Types Loft: Yes
  • Room Types Utility Room: Yes
  • Room Types Breakfast Room: Yes
  • Utilities Cable Available: Yes
  • Construction Materials Low VOC PaintSealantVarnish: Yes
  • Levels One and One Half: Yes
  • In-Law Suite Details Main Foor: Yes
  • Security Features Prewired: Yes
  • Green Water Conservation Low-Flow Fixtures: Yes
  • Room Types Recreation Room3: Yes
  • Interior Features Dressing Room: Yes
  • Attic Features Unfinished2: Yes
  • Water Source Community Water: Yes
  • Room Types Mud Room: Yes
  • Room Types Media Room: Yes
  • Room Types Exercise Room: Yes
  • General Property Information Above Grade Finished Area: 4228.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 41817.6
  • Interior Features Central Vacuum Prewired: Yes
  • General Property Information Lot Size Acres: 0.96
  • General Property Information Builder Name: Grande Manor Homes
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Hardwood, Tile
  • Interior Amenities: Bathtub/Shower Combination, Bookcases, Butler's Pantry, Ceiling Fan(s), Central Vacuum Prewired, Dressing Room, Eat-in Kitchen, Entrance Foyer, Granite Counters, High Ceilings, High Speed Internet, In-Law Floorplan, Pantry, Primary Downstairs, Separate Shower, Smooth Ceilings, Soaking Tub, Storage, Tray Ceiling(s), Walk-In Closet(s), Walk-In Shower, Water Closet, Wired for Sound
  • Basement: Crawl Space
  • Appliances: Dishwasher, Double Oven, ENERGY STAR Qualified Appliances, Gas Cooktop, Gas Water Heater, Microwave, Plumbed For Ice Maker, Range Hood, Tankless Water Heater, Wall Oven
  • Basement YN: No
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Family Room, Gas Log, Sealed Combustion
  • Fireplaces: 1
  • Total Bedrooms: 12
  • Appliances Dishwasher: Yes
  • Appliances:Gas Cooktop: Yes
  • 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:Granite Counters: 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
  • Community Features:Street Lights: Yes
  • Fireplace Features:Family Room: Yes
  • Fireplace Features:Sealed Combustion: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Interior Features:Storage3: Yes
  • Interior Features:Tray Ceiling(s): Yes
  • Appliances:ENERGY STAR Qualified Appliances: Yes
  • Fireplace Features:Gas Log: Yes
  • Appliances:Gas Water Heater: Yes
  • Interior Features:Soaking Tub: Yes
  • Interior Features:Bookcases: Yes
  • Attic Features:Floored: Yes
  • Appliances:Double Oven: Yes
  • Interior Features:High Speed Internet: Yes
  • Attic Features:Walk-In Attic: Yes
  • Interior Features:Wired for Sound: Yes
  • Interior Features:In-Law Floorplan: Yes
  • Interior Features:Butler_squote_s Pantry: Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Exterior Features: Rain Gutters
  • Acres: 0.96
  • Construction Type: Board & Batten Siding, Brick, Fiber Cement, Low VOC Paint/Sealant/Varnish, Radiant Barrier, Shake Siding
  • Patio And Porch Features: Patio, Porch
  • Accessibility Features:Accessible WasherDryer: Yes
  • Construction Materials:Fiber Cement: Yes
  • Exterior Features:Rain Gutters: Yes
  • Lot Features:Landscaped: Yes
  • Patio and Porch Features:Porch: Yes
  • Construction Materials:Board Batten Siding: Yes
  • Patio And Porch Features:Patio: Yes
  • Window Features:Insulated Windows: Yes
  • Lot Features:Corner Lot: Yes
  • Construction Materials:Brick: Yes
  • Construction Materials:Shake Siding: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Parking Features: Attached, Concrete, Driveway, Garage, Garage Door Opener, Garage Faces Front, Garage Faces Side, Parking Pad
  • 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
  • Parking Features:Parking Pad: Yes
  • General Property Information:Garage Spaces: 3.0

Utilities

  • Utilities: Cable Available
  • Heating: Forced Air, Heat Pump, Natural Gas
  • Cooling: Central Air, Heat Pump
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Community Water
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes
  • Heating:Heat Pump2: Yes
  • Sewer Septic Tank: Yes
  • HeatingCooling:Heat Pump: Yes

Condo/Co-op/Association

  • Community Features: Street Lights
  • Association Fee: 1200.0
  • Association Fee Frequency: Annually
  • Association Name: Falls Rerserve HOA
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: Falls Rerserve HOA
  • 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: 41817.6
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Green Features

  • Green Water Conservation: Low-Flow Fixtures
  • Green Energy Efficient:Lighting2: Yes
  • Green Energy Efficient:Thermostat: Yes

Tax Info

  • Tax Map Number: 16706/2035

MLS Schools

  • Elementary School: Wake - Pleasant Union

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 22, 2020
Closed on
May 20, 2021
Sold by
Grande Manor Homes Llc
Bought by
Matei Anamaria C and Bridges Neal D
Seller's Agent
Jim Allen
Coldwell Banker HPW
Buyer's Agent
Jennifer Lange
Coldwell Banker HPW
List Price
$950,000
Sold Price
$1,025,000
Premium/Discount to List
$75,000
7.89%
Current Estimated Value
$1,469,041

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$444,041
Avg. Annual Appreciation
8.52%
Original Mortgage
$820,000
Outstanding Balance
$743,125
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$725,916

Purchase Details

Closed on
Feb 23, 2017
Sold by
Falls Lake Developers Llc
Bought by
Grande Manor Homes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
4.12%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

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
Matei Anamaria C $1,025,000 None Available
Grande Manor Homes Llc $345,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Matei Anamaria C $820,000
Previous Owner Grande Manor Homes Llc $250,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/15/2023 12/15/23 Off Market $1,025,000 -- --
05/21/2021 05/21/21 Sold $1,025,000 0.0% $242 / Sq Ft
03/19/2021 03/19/21 Pending -- -- --
02/19/2021 02/19/21 Price Changed $1,025,000 +7.9% $242 / Sq Ft
10/22/2020 10/22/20 For Sale $950,000 -- $225 / 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 $7,759 $1,210,015 $275,000 $935,015
2024 $7,534 $1,210,015 $275,000 $935,015
2023 $7,437 $951,262 $210,000 $741,262
2022 $6,890 $951,262 $210,000 $741,262
2021 $6,705 $951,262 $210,000 $741,262
2020 $1,451 $210,000 $210,000 $741,262
2019 $1,511 $185,000 $185,000 $0
2018 $1,388 $185,000 $185,000 $0
2017 $0 $157,250 $157,250 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2349924

Doorify MLS

APN: 0891.04-91-6508-000