NOT LISTED FOR SALE

745 Fallon Grove Way Raleigh, NC 27608

Estimated Value: $675,000 - $839,000

4 Beds
3.5 Baths
2,805 Sq Ft
$278/Sq Ft Est. Value

Last Sold August 31, 2022

Last sale price $714,500 $255 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $4,937/month

14 Days on Market

Highlights

  • Craftsman Architecture
  • Wood Flooring
  • High Ceiling
  • Joyner Elementary School Rated A-
  • Attic
  • Covered Patio or Porch

About This Home

As of August 2022

This spectacular town home is better than new! 4 bedrooms 3.5 baths, mint condition + move in ready. Amazing kitchen w/stone tops, gorgeous white cabinets, stainless appliances including gas range opens to family room with cozy gas fireplace and shelving. Enjoy the tranquil ambiance of the beautiful, private, fenced outdoor living area. Spacious owner's suite has 2 walk in closets, glamorous bath with soaking tub. Two more bedrooms and laundry room on second floor plus oversized bedroom/bonus with sitting area, walk in closet and full bath on third level. One car garage. Minutes from all the Raleigh hot spots: Five Points, Loading Dock, East End Market, Raleigh Iron Works + North Hills. Quick stroll to Fallon Park and Greenway. Rare opportunity for highly sought after location!

Last Agent to Sell the Property

Mandy Fountain

Corcoran DeRonja Real Estate License #172330 Listed on: 07/13/2022

Last Buyer's Agent

Kris Kiegiel

Keystone Properties License #252441

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,029

Year Built

  • Built in 2015

Lot Details

  • 2,178 Sq Ft Lot
  • Lot Dimensions are 22 x 101 x 22 x 101
  • Landscaped

HOA Fees

  • $180 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Front Facing Garage
  • Private Driveway

Home Design

  • Craftsman Architecture
  • Tri-Level Property
  • Brick or Stone Mason
  • Slab Foundation
  • Stone

Interior Spaces

  • 2,805 Sq Ft Home
  • High Ceiling
  • Gas Log Fireplace
  • Entrance Foyer
  • Family Room with Fireplace
  • Combination Dining and Living Room
  • Storage
  • Utility Room
  • Attic

Kitchen

  • Gas Range
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Separate Shower in Primary Bathroom
  • Soaking Tub

Laundry

  • Laundry Room
  • Laundry on upper level

Outdoor Features

  • Covered Patio or Porch
  • Rain Gutters

Schools

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

Utilities

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

Community Details

  • Association fees include ground maintenance
  • The Grove At Fallon Park Association, Phone Number (919) 295-3791
  • The Grove At Fallon Park Subdivision

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,029

Year Built

Built in 2015

Lot Details

0

HOA Fees

$180 per month

Parking

1

Listing Details

  • Year Built: 2015
  • Prop. Type: Residential
  • Reso Association Fee Includes: Maintenance Grounds
  • Subdivision Name: The Grove at Fallon Park
  • Above Grade Finished Sq Ft: 2805.0
  • Architectural Style: Craftsman
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Tri-Level
  • New Construction: No
  • Contract Information Ownership Type: Townhouse
  • General Property Information Above Grade Unfinished Area: 154.0
  • General Property Information Total Unfinished Area2: 154.0
  • General Property Information Lot Size Dimensions: 22 x 101 x 22 x 101
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: Yes
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Foundation Details Slab: Yes
  • Laundry Features Laundry Room: Yes
  • Sewer:Public Sewer: Yes
  • Structure Type Site Built: Yes
  • Water Source Public: Yes
  • Cooling Zoned: Yes
  • Flooring Carpet: Yes
  • Flooring Hardwood: Yes
  • Interior Features Separate Shower: Yes
  • Room Types Bedroom 2 Level: 2
  • Room Types Bedroom 3 Level: 2
  • Room Types Bedroom 4 Level: 3
  • Room Types Dining Room2: Yes
  • Room Types Family Room2: Yes
  • Room Types Primary Bedroom Level: 2
  • Interior Features LivingDining Room Combination: Yes
  • Laundry Features Upper Level: Yes
  • Room Types Utility Room: Yes
  • Utilities Cable Available: Yes
  • Architectural Style Craftsman: Yes
  • General Property Information Association Phone: 919-295-3791
  • Levels Tri-Level: Yes
  • General Property Information Above Grade Finished Area: 2805.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 2178.0
  • General Property Information Lot Size Acres: 0.05
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Flooring: Carpet, Hardwood, Tile
  • Interior Amenities: Entrance Foyer, High Ceilings, Living/Dining Room Combination, Separate Shower, Soaking Tub, Storage
  • Appliances: Dishwasher, Gas Range, Gas Water Heater
  • Basement YN: No
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Family Room, Gas Log
  • Fireplaces: 1
  • Total Bedrooms: 8
  • Appliances Dishwasher: Yes
  • Interior Features:Entrance Foyer: Yes
  • Interior Features:High Ceilings: Yes
  • Fireplace Features:Family Room: Yes
  • Interior Features:Storage3: Yes
  • Fireplace Features:Gas Log: Yes
  • Appliances:Gas Water Heater: Yes
  • Interior Features:Soaking Tub: Yes
  • Appliances:Gas Range: Yes
  • Attic Features:Walk-In Attic: Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Exterior Features: Rain Gutters
  • Acres: 0.05
  • Construction Type: Fiber Cement, Stone
  • Foundation Details: Slab
  • Patio And Porch Features: Covered, 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
  • Construction Materials:Stone: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Attached, Concrete, Driveway, Garage, Garage Faces Front
  • Parking Features:Attached: Yes
  • Parking Features:Garage: Yes
  • Parking Features:Concrete4: Yes
  • Parking Features:Driveway: Yes
  • Parking Features:Garage Faces Front: Yes
  • General Property Information:Garage Spaces: 1.0

Utilities

  • Utilities: Cable Available
  • Heating: Forced Air, Natural Gas, Zoned
  • Cooling: Central Air, Zoned
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes
  • Heating:Zoned2: Yes

Condo/Co-op/Association

  • Association Fee: 180.0
  • Association Fee Frequency: Monthly
  • Association Name: The Grove at Fallon Park
  • Phone: 919-295-3791
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: The Grove at Fallon Park
  • Association Fee Includes:Maintenance Grounds2: Yes
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 180.0
  • General Property Information:Association Fee Frequency: Monthly

Schools

  • Ninth Grade High School: Wake - Broughton
  • Middle Or Junior School: Wake - Oberlin

Lot Info

  • Zoning: R-10
  • Lot Dimensions: 22 x 101 x 22 x 101
  • Lot Size Sq Ft: 2178.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 5029.0
  • Tax Year: 2022
  • Tax Map Number: BK 16882 PG 0125

MLS Schools

  • Elementary School: Wake - Joyner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2022
Closed on
Aug 29, 2022
Sold by
Michelle Douglas
Bought by
Evans David and Evans Francesca
Seller's Agent
Mandy Fountain
Corcoran DeRonja Real Estate
Buyer's Agent
Kris Kiegiel
Keystone Properties
List Price
$769,000
Sold Price
$714,500
Premium/Discount to List
-$54,500
-7.09%
Views
3
Current Estimated Value
$778,790

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,290
Avg. Annual Appreciation
3.45%
Original Mortgage
$571,600
Outstanding Balance
$550,956
Interest Rate
5.54%
Mortgage Type
New Conventional
Estimated Equity
$239,920

Purchase Details

Closed on
Jun 9, 2017
Sold by
Stafford Deborah Elizabeth and Stafford Shelby Alexandra
Bought by
Douglas Michelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,000
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 25, 2016
Sold by
Stafford Deborah Elizabeth
Bought by
Stafford Deborah Elizabeth and Stafford Shelby Alexandra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$430,761
Interest Rate
3.62%
Mortgage Type
VA

Purchase Details

Closed on
Aug 31, 2015
Sold by
M I Homes Of Raleigh Llc
Bought by
Stafford Deborah Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$356,240
Interest Rate
4.02%
Mortgage Type
New Conventional
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
Evans David $714,500 --
Douglas Michelle $435,000 None Available
Stafford Deborah Elizabeth -- None Available
Stafford Deborah Elizabeth $375,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Evans David $571,600
Previous Owner Douglas Michelle $98,000
Previous Owner Douglas Michelle $235,000
Previous Owner Stafford Deborah Elizabeth $430,761
Previous Owner Stafford Deborah Elizabeth $356,240
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2023 12/15/23 Off Market $714,500 -- --
08/31/2022 08/31/22 Sold $714,500 -4.7% $255 / Sq Ft
07/28/2022 07/28/22 Pending -- -- --
07/23/2022 07/23/22 Price Changed $749,900 -2.5% $267 / Sq Ft
07/14/2022 07/14/22 For Sale $769,000 -- $274 / 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 $6,160 $706,917 $200,000 $506,917
2023 $5,412 $494,669 $120,000 $374,669
2022 $5,029 $494,669 $120,000 $374,669
2021 $4,833 $494,669 $120,000 $374,669
2020 $4,387 $494,669 $120,000 $374,669
2019 $3,804 $326,517 $105,000 $221,517
2018 $2,896 $421,453 $105,000 $316,453
2017 $1,935 $421,453 $105,000 $316,453
2016 $4,314 $367,479 $105,000 $262,479
2015 -- $80,000 $80,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2461906

Doorify MLS

APN: 1705.20-91-2079-000