8117 Farmlea Cir Raleigh, NC 27616
Forestville NeighborhoodEstimated payment $1,054/month
Highlights
- Traditional Architecture
- Brick Veneer
- Laundry Room
- North Forest Pines Elementary School Rated A
- Living Room
- 3-minute walk to Berkshire Downs West Park
About This Home
Great starter home or investment portfolio addition. Price point and location do not get better than this! Let's start with location: Quick access to 540 for commuting around the Triangle; nearby access to the Neuse River Trail for miles of hiking and biking; downtown Wake Forest with it's amazing Friday Night on White Festivals; easy access to multiple grocery stores and all of your daily shopping needs; a short drive to the Falls Lake Dam recreation area for fishing, hiking and kayaking; and very near all the shops and restaurants around the Triangle Town Center area. Now let's consider the property and the price point: 2 beds, 1.5 bath and in-home laundry closet with hook-ups. Kitchen complete with conveying refrigerator. Dining area, living room and half bath complete the first floor. Several in-home closets and a locked storage closet off back provide a lot of storage. Paver back porch with privacy walls overlooks wooded natural setting. Newer LVP throughout main floor. All of this at $150,000! Come check-out this opportunity. Home has been a solid renter.
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $1,703
Year Built
- Built in 1992
Lot Details
- 871 Sq Ft Lot
HOA Fees
- $119 Monthly HOA Fees
Home Design
- Traditional Architecture
- Brick Veneer
- Slab Foundation
- Shingle Roof
- Vinyl Siding
Interior Spaces
- 966 Sq Ft Home
- 2-Story Property
- Living Room
- Dining Room
- Free-Standing Range
- Laundry Room
Flooring
- Carpet
- Luxury Vinyl Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- Primary bedroom located on second floor
Parking
- 2 Parking Spaces
- 2 Open Parking Spaces
Schools
- North Forest Elementary School
- Wake Forest Middle School
- Wakefield High School
Utilities
- Forced Air Heating and Cooling System
- Heat Pump System
Community Details
- Association fees include ground maintenance
- Real Manage Association, Phone Number (866) 473-2573
- Berkshire Downs West Subdivision
Listing and Financial Details
- Assessor Parcel Number 1739.09-06-7838
Map
Home Values in the Area
Average Home Value in this Area
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 | $1,703 | $192,931 | $70,000 | $122,931 |
| 2024 | $1,696 | $192,931 | $70,000 | $122,931 |
| 2023 | $1,215 | $109,587 | $34,000 | $75,587 |
| 2022 | $1,130 | $109,587 | $34,000 | $75,587 |
| 2021 | $1,086 | $109,587 | $34,000 | $75,587 |
| 2020 | $1,067 | $109,587 | $34,000 | $75,587 |
| 2019 | $755 | $63,409 | $15,000 | $48,409 |
| 2018 | $713 | $63,409 | $15,000 | $48,409 |
| 2017 | $680 | $63,409 | $15,000 | $48,409 |
| 2016 | $666 | $63,409 | $15,000 | $48,409 |
| 2015 | $784 | $73,797 | $18,000 | $55,797 |
| 2014 | $745 | $73,797 | $18,000 | $55,797 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/06/2025 10/06/25 | Pending | -- | -- | -- |
| 09/15/2025 09/15/25 | Price Changed | $150,000 | -6.2% | $155 / Sq Ft |
| 08/11/2025 08/11/25 | Price Changed | $159,999 | -8.6% | $166 / Sq Ft |
| 07/29/2025 07/29/25 | For Sale | $175,000 | -- | $181 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $95,000 | None Available | |
| Warranty Deed | $46,500 | Attorney | |
| Warranty Deed | $58,000 | None Available | |
| Warranty Deed | $56,000 | -- | |
| Interfamily Deed Transfer | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $76,000 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $34,875 | New Conventional | |
| Previous Owner | $55,100 | Fannie Mae Freddie Mac | |
| Previous Owner | $50,040 | Unknown |
Source: Doorify MLS
MLS Number: 10112407
APN: 1737.09-06-7838-000
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