NOT LISTED FOR SALE

8321 Martello Ln Raleigh, NC 27613

Northwest Raleigh Neighborhood

Estimated Value: $342,000 - $357,000

3 Beds
2.5 Baths
1,563 Sq Ft
$225/Sq Ft Est. Value

Last Sold April 20, 2023

Last sale price $330,000 $211 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $2,212/month

6 Days on Market

Highlights

  • Vaulted Ceiling
  • Transitional Architecture
  • Corner Lot
  • Leesville Road Elementary School Rated A
  • End Unit
  • Enclosed Patio or Porch

About This Home

As of April 2023

Investor Alert! Original owner, End unit townhome in excellent Location! Well cared for and Updated. New windows, HVAC 4 yrs old, Hot water heater 3 yrs old, Fridge & microwave replaced, Laminate installed down & Carpet/LVP installed up, Cabinets painted white. Fireplace, Walk-in-closets, Private fenced patio, Custom paint colors. 9 min to Crabtree Mall, 7 min to Brier Creek shopping, 11 min to RDU airport, 7 min to Lake Lynn, walk to Umstead Park! Leesville Road Schools. Property is leased through Aug 2024.

Last Agent to Sell the Property

Molly Bonis

Fathom Realty NC License #203865 Listed on: 04/05/2023

Fathom Realty NC

Last Buyer's Agent

Linda Craft

Linda Craft Team, REALTORS License #140967

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,176

Year Built

  • Built in 2004

Lot Details

  • 2,178 Sq Ft Lot
  • End Unit
  • Privacy Fence
  • Landscaped

HOA Fees

  • $121 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Private Driveway
  • Parking Lot
  • Assigned Parking

Home Design

  • Transitional Architecture
  • Brick or Stone Mason
  • Slab Foundation
  • Vinyl Siding
  • Stone

Interior Spaces

  • 1,563 Sq Ft Home
  • 2-Story Property
  • Smooth Ceilings
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Pull Down Stairs to Attic
  • Laundry on upper level

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Bathtub with Shower

Home Security

Outdoor Features

  • Enclosed Patio or Porch
  • Rain Gutters

Schools

  • Leesville Road Elementary And Middle School
  • Leesville Road High School

Utilities

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

Listing and Financial Details

  • Home warranty included in the sale of the property

Community Details

Overview

  • Association fees include ground maintenance, maintenance structure
  • Cas Association, Phone Number (919) 403-1400
  • Built by 1st American Builders
  • Cornerstone Park Townhomes Subdivision

Security

  • Storm Doors
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,176

Year Built

Built in 2004

Lot Details

0

HOA Fees

$121 per month

Parking

1

Listing Details

  • Builder Name: 1st American Builders
  • Year Built: 2004
  • Prop. Type: Residential
  • Reso Association Fee Includes: Maintenance Grounds, Maintenance Structure
  • Subdivision Name: Cornerstone Park Townhomes
  • Above Grade Finished Sq Ft: 1563.0
  • Architectural Style: Transitional
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Contract Information Ownership Type: Townhouse
  • General Property Information Lot Size Dimensions: new survey needed
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: Yes
  • Appliances Microwave: Yes
  • Architectural Style Transitional: Yes
  • Attic Features Pull-Down Stairs: Yes
  • Cooling Central Air: Yes
  • Flooring Luxury Vinyl: Yes
  • Foundation Details Slab: Yes
  • Interior Features BathtubShower Combination: Yes
  • Security Features Smoke Detector(s): Yes
  • Sewer:Public Sewer: Yes
  • Structure Type Site Built: Yes
  • Water Source Public: Yes
  • Flooring Carpet: Yes
  • Interior Features Smooth Ceilings: Yes
  • Levels Two: Yes
  • Room Types Bedroom 2 Level: 2
  • Room Types Bedroom 3 Level: 2
  • Room Types Dining Room2: Yes
  • Room Types Primary Bedroom Level: 2
  • Interior Features LivingDining Room Combination: Yes
  • Laundry Features Upper Level: Yes
  • Appliances Refrigerators: Yes
  • Room Types Living Room2: Yes
  • Utilities Cable Available: Yes
  • General Property Information Association Phone: (919)-403-1400
  • General Property Information Senior Community YN: No
  • Laundry Features Laundry Closet: Yes
  • Flooring Laminate: Yes
  • Common Walls End Unit: Yes
  • Fencing Privacy: Yes
  • General Property Information Above Grade Finished Area: 1563.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 2178.0
  • General Property Information Lot Size Acres: 0.05
  • General Property Information Builder Name: 1st American Builders
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Flooring: Carpet, Laminate, Luxury Vinyl
  • Interior Amenities: Bathtub/Shower Combination, Ceiling Fan(s), Living/Dining Room Combination, Pantry, Smooth Ceilings, Vaulted Ceiling(s), Walk-In Closet(s)
  • Appliances: Dishwasher, Electric Range, Microwave, Refrigerator
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: Storm Door(s)
  • Fireplace Features: Gas, Gas Log, Living Room
  • Fireplaces: 1
  • Appliances Dishwasher: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Appliances:Electric Range: Yes
  • Fireplace Features:Gas Log: Yes
  • Fireplace Features:Living Room: Yes
  • Fireplace Features:Gas4: Yes
  • Interior Features:Vaulted Ceiling(s): Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Exterior Features: Rain Gutters
  • Fencing: Privacy
  • Acres: 0.05
  • Home Warranty: Yes
  • Common Walls: End Unit
  • Construction Type: Stone, Vinyl Siding
  • Foundation Details: Slab
  • Patio And Porch Features: Enclosed, Patio, Porch
  • Exterior Features:Rain Gutters: Yes
  • Lot Features:Landscaped: Yes
  • Patio and Porch Features:Porch: Yes
  • Construction Materials:Vinyl Siding: Yes
  • Construction Materials:Stone: Yes
  • Patio And Porch Features:Patio: Yes
  • Door Features:Storm Door(s): Yes
  • Lot Features:Corner Lot: Yes
  • Patio And Porch Features:Enclosed2: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Assigned, Concrete, Driveway, Garage, Parking Lot
  • Parking Features:Garage: Yes
  • Parking Features:Concrete4: Yes
  • Parking Features:Driveway: Yes
  • Parking Features:Assigned: Yes
  • Parking Features:Parking Lot: Yes
  • General Property Information:Garage Spaces: 1.0

Utilities

  • Utilities: Cable Available
  • Heating: Electric, Forced Air, Natural Gas
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Electric4: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 121.0
  • Association Fee Frequency: Monthly
  • Association Name: CAS
  • Phone: 919-403-1400
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: CAS
  • Association Fee Includes:Maintenance Grounds2: Yes
  • Association Fee Includes:Maintenance Structure2: Yes
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 121.0
  • General Property Information:Association Fee Frequency: Monthly

Schools

  • Ninth Grade High School: Wake - Leesville Road
  • Middle Or Junior School: Wake - Leesville Road

Lot Info

  • Zoning: RX-3
  • Lot Dimensions: new survey needed
  • Lot Size Sq Ft: 2178.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1176.0
  • Tax Year: 2022

MLS Schools

  • Elementary School: Wake - Leesville Road

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 5, 2023
Closed on
Apr 12, 2023
Sold by
Sullivan Heather
Bought by
Farisyllc
Seller's Agent
Molly Bonis
Fathom Realty NC
Buyer's Agent
Linda Craft
Linda Craft Team, REALTORS
List Price
$329,900
Sold Price
$330,000
Premium/Discount to List
$100
0.03%
Views
40
Current Estimated Value
$351,721

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,721
Avg. Annual Appreciation
2.56%

Purchase Details

Closed on
Aug 21, 2020
Sold by
Sullivan Heather and Sullivan Lynne
Bought by
Sullivan Heather

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 13, 2009
Sold by
Sullivan Heather
Bought by
Sullivan Heather and Sullivan Lynne

Purchase Details

Closed on
Sep 28, 2004
Sold by
1St American Builders Llc
Bought by
Sullivan Heather

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,646
Interest Rate
5.73%
Mortgage Type
FHA
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
Farisyllc $330,000 None Listed On Document
Farisyllc $330,000 None Listed On Document
Sullivan Heather -- None Available
Sullivan Heather -- None Listed On Document
Sullivan Heather -- None Available
Sullivan Heather $150,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sullivan Heather $151,000
Previous Owner Sullivan Heather $148,646
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/15/2023 12/15/23 Off Market $330,000 -- --
04/20/2023 04/20/23 Sold $330,000 0.0% $211 / Sq Ft
04/10/2023 04/10/23 Pending -- -- --
04/04/2023 04/04/23 For Sale $329,900 -- $211 / 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 $3,003 $342,009 $100,000 $242,009
2024 $2,990 $342,009 $100,000 $242,009
2023 $2,508 $228,289 $40,000 $188,289
2022 $1,176 $228,289 $40,000 $188,289
2021 $2,241 $228,289 $40,000 $188,289
2020 $1,110 $228,289 $40,000 $188,289
2019 $1,052 $178,173 $45,000 $133,173
2018 $1,967 $178,173 $45,000 $133,173
2017 $1,874 $178,173 $45,000 $133,173
2016 $1,835 $178,173 $45,000 $133,173
2015 $1,823 $174,113 $40,000 $134,113
2014 -- $174,113 $40,000 $134,113
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2023

    Molly Bonis

    Fathom Realty NC

    (919) 638-5523

    2 in this area

    37 Total Sales

    Molly Bonis
    Section Image
  • Linda Craft

    Buyer's Agent in 2023

    Linda Craft

    Linda Craft Team, REALTORS

    (919) 235-6313

    36 in this area

    855 Total Sales

    Linda Craft
    Section Image
  • Dwayne Reece

    Buyer Co-Listing Agent in 2023

    Dwayne Reece

    Linda Craft Team, REALTORS

    (919) 623-3731

    5 in this area

    67 Total Sales

    Dwayne Reece
    Section Image
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Map

Source: Doorify MLS

MLS Number: 2503194

Doorify MLS

APN: 0777.02-68-8812-000

North Carolina Wake County Raleigh 27613 Northwest Raleigh

8321 Martello Ln, Raleigh, NC

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