NOT LISTED FOR SALE

8725 Red Canyon Way Raleigh, NC 27616

Forestville Neighborhood

Estimated Value: $287,803 - $317,000

3 Beds
2.5 Baths
1,454 Sq Ft
$205/Sq Ft Est. Value

Last Sold October 07, 2021

Last sale price $312,405 $215 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $1,807/month

Highlights

  • Walk-In Closet
  • Laundry Room
  • Family Room
  • Living Room
  • Central Air
  • Dogs Allowed

About This Home

As of January 2024

Wonderful End Unit Townhome with open floor plan. Home has a spacious living area and kitchen with center island, pantry and stainless steel appliances! Owner's suite has a large walk in closet and ensuite bathroom. Two other secondary bedrooms that share another full bath. Washer and dryer included. Home is move-in ready!

Last Agent to Rent the Property

Millicent Williams

Coldwell Banker HPW License #245346 Listed on: 11/22/2023

Coldwell Banker HPW

Last Renter's Agent

Frank Tangari

ERA Live Moore License #286364

ERA Live Moore

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,686

Year Built

  • Built in 2021

Lot Details

  • 2,178

Parking

  • 2 Car Garage
  • Assigned Parking

Interior Spaces

  • 1,454 Sq Ft Home
  • 2-Story Property
  • Family Room
  • Living Room
  • Vinyl Flooring
  • Laundry Room

Kitchen

  • Range
  • Microwave

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Utilities

  • Central Air
  • Heat Pump System

Listing and Financial Details

  • Property Available on 1/1/24
  • Tenant pays for electricity, water
  • 12 Month Lease Term

Community Details

Overview

  • Property has a Home Owners Association
  • Thornton Reserve Subdivision

Pet Policy

  • Dogs Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,686

Year Built

Built in 2021

Lot Details

0

Parking

2

Rental Info

  • Tenant Pays: Electricity, Water
  • Lease Term: 12 Months
  • Available Date: 2024-01-01

Listing Details

  • Year Built: 2021
  • Prop. Type: Residential Lease
  • Subdivision Name: Thornton Reserve
  • Above Grade Finished Sq Ft: 1454.0
  • Unit Levels: Two
  • Appliances Microwave: Yes
  • Cooling Central Air: Yes
  • Levels Two: Yes
  • Room Types Family Room2: Yes
  • Flooring Vinyl: Yes
  • Appliances Refrigerators: Yes
  • Room Types Living Room2: Yes
  • Contract Information Lease Term: 12 Months
  • Contract Information Availability Date: 2024-01-01
  • General Property Information Above Grade Finished Area: 1454.0
  • Pets Allowed Dogs OK: Yes
  • Room Types Laundry2: Yes
  • Structure Type Townhouse: Yes
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Flooring: Vinyl
  • Interior Amenities: Pantry, Walk-In Closet(s)
  • Appliances: Microwave, Range, Refrigerator
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Interior Features:Pantry: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Appliances Range: Yes
  • Laundry Features:In Unit: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Assigned
  • Parking Features:Assigned: Yes
  • General Property Information:Garage Spaces: 2.0

Utilities

  • Heating: Heat Pump
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2021
Closed on
Oct 7, 2021
Sold by
Nvr Inc
Bought by
Dairo Jadesola
Seller's Agent
Alison Mendez
Berkshire Hathaway HomeService
Buyer's Agent
Vincent Ademola
Nexar Realty
List Price
$332,405
Sold Price
$312,405
Premium/Discount to List
-$20,000
-6.02%
Current Estimated Value
$297,451

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$14,954
Avg. Annual Appreciation
-1.22%
Original Mortgage
$296,785
Outstanding Balance
$280,114
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$17,337
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Dairo Jadesola $312,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dairo Jadesola $296,785
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/17/2024 01/17/24 Rented $1,900 0.0% --
12/15/2023 12/15/23 Off Market $312,405 -- --
11/22/2023 11/22/23 For Rent $1,900 0.0% --
10/07/2021 10/07/21 Sold $312,405 -6.0% $217 / Sq Ft View Prior Sale
07/20/2021 07/20/21 Pending -- -- --
07/12/2021 07/12/21 For Sale $332,405 -- $231 / 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 $2,686 $305,715 $70,000 $235,715
2024 $2,675 $305,715 $70,000 $235,715
2023 $2,550 $232,086 $35,000 $197,086
2022 $2,370 $232,086 $35,000 $197,086
2021 $341 $35,000 $35,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Millicent Williams

    Landlord's Agent in 2024

    Millicent Williams

    Coldwell Banker HPW

    (919) 625-8908

    4 in this area

    105 Total Sales

    Millicent Williams
    Section Image
  • Frank Tangari

    Tenant's Agent in 2024

    Frank Tangari

    ERA Live Moore

    (919) 576-0154

    4 Total Sales

    Frank Tangari
    Section Image
  • Alison Mendez

    Seller's Agent in 2021

    Alison Mendez

    Berkshire Hathaway HomeService

    (904) 386-1117

    10 in this area

    41 Total Sales

    Alison Mendez
    Section Image
  • Vincent Ademola

    Buyer's Agent in 2021

    Vincent Ademola

    Nexar Realty

    (919) 931-0489

    1 in this area

    16 Total Sales

    Vincent Ademola
    Section Image
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Map

Source: Doorify MLS

MLS Number: 2543221

Doorify MLS

APN: 1738.17-21-0770-000

North Carolina Wake County Raleigh 27616 Forestville

8725 Red Canyon Way, Raleigh, NC

This home is located at 8725 Red Canyon Way, Raleigh, NC 27616 since 22 November 2023 and is currently priced at $297,451. This property was built in 2021. 8725 Red Canyon Way is a home located in Wake County with nearby schools including Wildwood Forest Elementary, East Millbrook Middle, and Wakefield High School.

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