NOT LISTED FOR SALE

8731 Red Canyon Way Raleigh, NC 27616

Forestville Neighborhood

Estimated Value: $294,000 - $320,000

3 Beds
2.5 Baths
1,280 Sq Ft
$236/Sq Ft Est. Value

Last Sold February 07, 2022

Last sale price $317,285 $248 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $1,942/month

7 Days on Market

Highlights

  • New Construction
  • Transitional Architecture
  • Eat-In Kitchen
  • ENERGY STAR Certified Homes
  • High Ceiling
  • Tray Ceiling

About This Home

As of February 2022

Beat the price increase before the next phase! Just a gorgeous 2-story, brand new townhome complete with a warranty! The Beethoven offers an open concept, huge 7 ft island, white cabinets with quartz countertops, GE stainless steel appliances to include the refrigerator. Tray ceiling in owner’s bedroom. Dual shower heads in owner’s bath, 10 x 12 patio and so much more! Schedule appt today before we’re sold out for the next phase!

Last Agent to Sell the Property

Alison Mendez

Berkshire Hathaway HomeService License #284926 Listed on: 07/31/2021

Berkshire Hathaway HomeService

Last Buyer's Agent

Eli Marcano

Choice Residential Real Estate License #298642

Choice Residential Real Estate

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $341

Year Built

  • Built in 2022 | New Construction

Lot Details

  • 1,742 Sq Ft Lot

HOA Fees

  • $105 Monthly HOA Fees

Home Design

  • Transitional Architecture
  • Slab Foundation
  • Vinyl Siding
  • Low Volatile Organic Compounds (VOC) Products or Finishes

Interior Spaces

  • 1,280 Sq Ft Home
  • 2-Story Property
  • Tray Ceiling
  • Smooth Ceilings
  • High Ceiling
  • Insulated Windows
  • Entrance Foyer
  • Living Room
  • Combination Kitchen and Dining Room
  • Pull Down Stairs to Attic

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Dishwasher
  • ENERGY STAR Qualified Appliances

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Laundry in Hall
  • Laundry on upper level
  • Electric Dryer Hookup

Home Security

Parking

  • On-Street Parking
  • Parking Lot
  • Assigned Parking

Eco-Friendly Details

  • Energy-Efficient Lighting
  • ENERGY STAR Certified Homes
  • Energy-Efficient Thermostat
  • No or Low VOC Paint or Finish

Outdoor Features

  • Patio
  • Rain Gutters

Schools

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

Utilities

  • Central Air
  • Heating Available
  • 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
  • Built by Ryan Homes
  • Thornton Reserve Subdivision

Security

  • Storm Windows
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$341

Year Built

Built in 2022 | New Construction

Lot Details

0

HOA Fees

$105 per month

Listing Details

  • Builder Name: Ryan Homes
  • Year Built: 2022
  • Prop. Type: Residential
  • Reso Association Fee Includes: Maintenance Grounds, Maintenance Structure
  • Subdivision Name: Thornton Reserve
  • Above Grade Finished Sq Ft: 1280.0
  • Architectural Style: Transitional
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: Yes
  • Efficiency: Lighting, Thermostat
  • Contract Information Ownership Type: Townhouse
  • General Property Information Lot Size Dimensions: see plat
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: No
  • Appliances Microwave: Yes
  • Architectural Style Transitional: Yes
  • Attic Features Pull-Down Stairs: Yes
  • Cooling Central Air: Yes
  • Foundation Details Slab: Yes
  • Interior Features KitchenDining Room Combination: Yes
  • Laundry Features Laundry Room: Yes
  • Security Features Smoke Detector(s): Yes
  • Sewer:Public Sewer: Yes
  • Structure Type Site Built: Yes
  • Water Source Public: Yes
  • Contract Information Estimated Completion Date: 2022-02-01
  • Flooring Carpet: Yes
  • Interior Features Smooth Ceilings: Yes
  • Levels Two: Yes
  • Property Condition Framed: No
  • Room Types Bedroom 2 Level: 2
  • Room Types Bedroom 3 Level: 2
  • Room Types Primary Bedroom Level: 2
  • Flooring Vinyl: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Upper Level: Yes
  • Appliances Refrigerators: Yes
  • Room Types Living Room2: Yes
  • Utilities Cable Available: Yes
  • Construction Materials Low VOC PaintSealantVarnish: Yes
  • Green Building Verification Type ENERGY STAR Certified Homes: Yes
  • Flooring Laminate: Yes
  • Laundry Features In Hall: Yes
  • General Property Information Above Grade Finished Area: 1280.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 1742.4
  • General Property Information Lot Size Acres: 0.04
  • General Property Information Builder Name: Ryan Homes
  • Special Features: NewHome
  • Property Sub Type: Townhouses

Interior Features

  • Flooring: Carpet, Laminate, Vinyl
  • Interior Amenities: Eat-in Kitchen, Entrance Foyer, High Ceilings, Kitchen/Dining Room Combination, Pantry, Smooth Ceilings, Tray Ceiling(s), Walk-In Closet(s)
  • Appliances: Dishwasher, Electric Range, ENERGY STAR Qualified Appliances, Microwave, Refrigerator
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Total Bedrooms: 6
  • Appliances Dishwasher: Yes
  • Interior Features:Entrance Foyer: Yes
  • Interior Features:High Ceilings: Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Interior Features:Tray Ceiling(s): Yes
  • Appliances:Electric Range: Yes
  • Appliances:ENERGY STAR Qualified Appliances: Yes

Exterior Features

  • Exterior Features: Rain Gutters
  • Acres: 0.04
  • Home Warranty: Yes
  • Construction Type: Low VOC Paint/Sealant/Varnish, Vinyl Siding
  • Foundation Details: Slab
  • Patio And Porch Features: Patio
  • Exterior Features:Rain Gutters: Yes
  • Construction Materials:Vinyl Siding: Yes
  • Patio And Porch Features:Patio: Yes
  • Window Features:Insulated Windows: Yes
  • Window Features:Storm Window(s): Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Assigned, On Street, Parking Lot
  • Parking Features:On Street: Yes
  • Parking Features:Assigned: Yes
  • Parking Features:Parking Lot: Yes

Utilities

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

Condo/Co-op/Association

  • Association Fee: 105.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • Association Fee Includes:Maintenance Grounds2: Yes
  • Association Fee Includes:Maintenance Structure2: Yes
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 105.0
  • General Property Information:Association Fee Frequency: Monthly

Schools

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

Lot Info

  • Lot Dimensions: see plat
  • Lot Size Sq Ft: 1742.4
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Green Features

  • Green Energy Efficient:Lighting2: Yes
  • Green Energy Efficient:Thermostat: Yes

Tax Info

  • Tax Annual Amount: 341.0

MLS Schools

  • Elementary School: Wake County Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 31, 2021
Closed on
Jan 10, 2022
Sold by
Nvr Inc
Bought by
Smith Countess and Smith Kenneth
Seller's Agent
Alison Mendez
Berkshire Hathaway HomeService
Buyer's Agent
Eli Marcano
Choice Residential Real Estate
List Price
$294,615
Sold Price
$317,285
Premium/Discount to List
$22,670
7.69%
Current Estimated Value
$302,256

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$15,029
Avg. Annual Appreciation
-1.31%
Original Mortgage
$311,538
Outstanding Balance
$288,375
Interest Rate
3.45%
Mortgage Type
FHA
Estimated Equity
$13,881
Source: Public Records

Range of Values:

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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
Smith Countess $317,500 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Countess $311,538
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/15/2023 12/15/23 Off Market $317,285 -- --
02/07/2022 02/07/22 Sold $317,285 +1.0% $248 / Sq Ft
01/06/2022 01/06/22 Price Changed $314,285 +6.7% $246 / Sq Ft
08/06/2021 08/06/21 Pending -- -- --
07/30/2021 07/30/21 For Sale $294,615 -- $230 / 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 $2,736 $311,393 $70,000 $241,393
2024 $2,724 $311,393 $70,000 $241,393
2023 $2,600 $236,675 $35,000 $201,675
2022 $2,416 $236,675 $35,000 $201,675
2021 $341 $35,000 $35,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Alison Mendez

    Seller's Agent in 2022

    Alison Mendez

    Berkshire Hathaway HomeService

    (904) 386-1117

    10 in this area

    41 Total Sales

    Alison Mendez
    Section Image

  • E

    Buyer's Agent in 2022

    Eli Marcano

    Choice Residential Real Estate

    Section Image
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Map

Source: Doorify MLS

MLS Number: 2398986

Doorify MLS

APN: 1738.17-21-0776-000

North Carolina Wake County Raleigh 27616 Forestville

8731 Red Canyon Way, Raleigh, NC

This home is located at 8731 Red Canyon Way, Raleigh, NC 27616 since 31 July 2021 and is currently estimated at $302,256, approximately $236 per square foot. This property was built in 2022. 8731 Red Canyon Way is a home located in Wake County with nearby schools including Wildwood Forest Elementary, East Millbrook Middle, and Wakefield High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Doorify MLS Some IDX listings have been excluded from this IDX display. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. Listings marked with an icon are provided courtesy of the Doorify MLS, Inc. of North Carolina, Internet Data Exchange Database. Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property. Copyright 2025 Doorify MLS, Inc. of North Carolina. All rights reserved.

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