NOT LISTED FOR SALE

8462 Reedy Ridge Ln Raleigh, NC 27613

Estimated Value: $316,352 - $335,000

2 Beds
2.5 Baths
1,361 Sq Ft
$240/Sq Ft Est. Value

Last Sold July 19, 2024

Last sale price $321,000 $236 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $2,196/month

32 Days on Market

Highlights

  • Traditional Architecture
  • Wood Flooring
  • Forced Air Heating and Cooling System
  • Leesville Road Elementary School Rated A
  • 1 Fireplace

About This Home

As of July 2024

Meticulously maintained townhome in sought after Cornerstone Park. Walking distance to Lowes grocery store. 2 large bedrooms with bathroom inside each bedroom. New paint. Harwood floors. Separate dining room. However, the real showstopper is the backyard oasis which is near impossible to find in a townhome community. The neighborhood itself is pristine and you will find everyone out enjoying the sidewalks.
Roof is 2022
HVAC- 2021
Washer/dryer - 2020
Disposal- 2023
All appliances convey.
Amy Bonis- Lender, offering a $3,000 incentive.
Measurements, photos, and deep cleaning are scheduled for next week.

Last Agent to Sell the Property

Mary Simpson

Real Broker, LLC License #270947 Listed on: 06/08/2024

Real Broker, LLC

Last Buyer's Agent

Rachel Lowe

Hodge & Kittrell Sotheby's Int License #313830

Hodge & Kittrell Sotheby's Int

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,198

Year Built

  • Built in 2002

Lot Details

  • 0.3

HOA Fees

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,361 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Wood Flooring

Bedrooms and Bathrooms

  • 2 Bedrooms

Parking

  • 2 Parking Spaces
  • 2 Open Parking Spaces

Schools

  • Wake County Schools Elementary And Middle School
  • Wake County Schools High School

Utilities

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

Community Details

  • Association fees include ground maintenance
  • Towne Properties Association, Phone Number (984) 220-8705
  • Cornerstone Park Townhomes Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0777881839

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,198

Year Built

Built in 2002

Lot Details

0

HOA Fees

$200 per month

Listing Details

  • Year Built: 2002
  • Prop. Type: Residential
  • Reso Association Fee Includes: Maintenance Grounds
  • Subdivision Name: Cornerstone Park Townhomes
  • Above Grade Finished Sq Ft: 1361.0
  • Architectural Style: Traditional
  • Garage Yn: No
  • Unit Levels: Bi-Level
  • New Construction: No
  • Contract Information Ownership Type: Townhouse
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Association Fee 2 Required YN: Yes
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: Yes
  • Cooling Central Air: Yes
  • Foundation Details Slab: Yes
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • Architectural Style Traditional: Yes
  • Flooring Wood: Yes
  • General Property Information Association Phone: 984-220-8705
  • General Property Information Enhanced Accessible2: No
  • Roof:Shingle: Yes
  • General Property Information Above Grade Finished Area: 1361.0
  • General Property Information Lot Size Square Feet2: 13068.0
  • Levels Bi-Level: Yes
  • General Property Information Lot Size Acres: 0.3
  • General Property Information Stories2: 2
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2

Interior Features

  • Flooring: Wood
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplaces: 1
  • Stories: 2
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Roof: Shingle
  • Acres: 0.3
  • Construction Type: Vinyl Siding
  • Foundation Details: Slab
  • Construction Materials:Vinyl Siding: Yes

Garage/Parking

  • Open Parking Spaces: 2.0
  • Open Parking: Yes
  • Total Parking Spaces: 2.0
  • General Property Information:Parking Total: 2.0
  • General Property Information:Open Parking YN2: Yes
  • General Property Information:Open Parking Spaces2: 2.0

Utilities

  • Heating: Fireplace(s), Forced Air, Natural Gas
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes
  • Heating:Fireplace(s): Yes

Condo/Co-op/Association

  • Association #2 Fee: 259.0
  • Association #2 Fee Frequency: Semi-Annually
  • Association Fee: 157.0
  • Association Fee Frequency: Monthly
  • Association Name: Towne Properties
  • Phone: 984-220-8705
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: Towne Properties
  • Association Fee Includes:Maintenance Grounds2: Yes
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 157.0
  • General Property Information:Association Fee Frequency: Monthly
  • General Property Information:Association Fee 2: 259.0
  • General Property Information:Association Fee 2 Frequency: Semi-Annually

Schools

  • Ninth Grade High School: Wake County Schools
  • Middle Or Junior School: Wake County Schools

Lot Info

  • Lot Size Sq Ft: 13068.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 0777881839

Tax Info

  • Tax Annual Amount: 2198.0
  • Tax Year: 2023

MLS Schools

  • Elementary School: Wake County Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 8, 2024
Closed on
Jul 2, 2024
Sold by
Ortiz-Bernal Ivan and Negron Jetzenia Velez
Bought by
Bapat Amol and Chhatre Renuka
Seller's Agent
Mary Simpson
Real Broker, LLC
Buyer's Agent
Rachel Lowe
Hodge & Kittrell Sotheby's Int
List Price
$324,000
Sold Price
$321,000
Premium/Discount to List
-$3,000
-0.93%
Views
23
Current Estimated Value
$326,338

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,338
Avg. Annual Appreciation
1.23%
Original Mortgage
$75,000
Outstanding Balance
$71,006
Interest Rate
6.99%
Mortgage Type
New Conventional
Estimated Equity
$254,455

Purchase Details

Closed on
Oct 21, 2019
Sold by
Hill Alan C and Hill Meredith
Bought by
Ortiz Bernal I Ivan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,000
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 27, 2007
Sold by
Bass Ira and Bass Linda
Bought by
Hill Alan C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,950
Interest Rate
6.71%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 7, 2003
Sold by
Parton David
Bought by
Bass Ira and Bass Linda

Purchase Details

Closed on
Dec 9, 2002
Sold by
Westfield Homes Of The Carolinas Llc
Bought by
Parton David
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
Bapat Amol $321,000 None Listed On Document
Ortiz Bernal I Ivan $213,000 None Available
Hill Alan C $155,500 None Available
Bass Ira -- --
Parton David $132,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bapat Amol $75,000
Previous Owner Ortiz Bernal I Ivan $153,000
Previous Owner Hill Alan C $133,000
Previous Owner Hill Alan C $139,950
Previous Owner Bass Ira $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/19/2024 07/19/24 Sold $321,000 -0.9% $236 / Sq Ft
06/12/2024 06/12/24 Pending -- -- --
06/08/2024 06/08/24 For Sale $324,000 0.0% $238 / Sq Ft
05/18/2024 05/18/24 Pending -- -- --
05/10/2024 05/10/24 For Sale $324,000 -- $238 / 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 $2,661 $304,088 $100,000 $204,088
2023 $2,199 $199,899 $40,000 $159,899
2022 $2,044 $199,899 $40,000 $159,899
2021 $1,965 $199,899 $40,000 $159,899
2020 $1,929 $199,899 $40,000 $159,899
2019 $1,734 $147,912 $35,000 $112,912
2018 $1,636 $147,912 $35,000 $112,912
2017 $1,559 $147,912 $35,000 $112,912
2016 $1,527 $147,912 $35,000 $112,912
2015 $1,538 $146,587 $34,000 $112,587
2014 -- $146,587 $34,000 $112,587
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 10027093

Doorify MLS

APN: 0777.02-88-1839-000