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2515 Spring Oaks Way

2515 Spring Oaks Way, Wake Forest, NC 27587
1 Units For Sale
Unit for sale at 2515 Spring Oaks Way, Raleigh, NC 27614

$335,000

  • 3 Beds
  • 2.5 Baths
  • 1,834 ft²
2515 Spring Oaks Way, Raleigh, NC 27614 Listing by Mariella Guillama

2515 Spring Oaks Way in Wake Forest, NC was first built in 2006 and is 18 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a townhouse style. There are a total of 2 floors. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 2515 Spring Oaks Way has 1,685 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 1,742 square feet.

Learn more about the property and building on this page. Water for the property is sourced from a water system. The property is connected to a sewer system. For those who need parking, there is a garage. The garage is 221 sqft. The exterior walls of the home are made of alum/vinyl siding. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 2515 Spring Oaks Way sold most recently in Mar 28, 2023 for a total of $335,000. If you work out the math, that's approximately a cost of $198.81 per sqft. Before that, the property was also sold for $147,000 in Nov 19, 2018. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $2,212 in taxes each year. 2515 Spring Oaks Way was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $216,522. If we break it down further, the land itself was valued at $36,000. Improvements to the property, however, were assessed at a total of $180,522. The property's total market value has been marked the same as the total assessed value which is pretty typical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!

Building Features

Parking

Garage Parking
Open Parking
Attached Garage
This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20221103
11/03/2022
3 Bed
2.5 Bath
1741 ft²
$355,000
bedrooms
3 Bed
bathrooms
2.5 Bath
square feet
1741 ft²
-
-
-
Rhonda Kosor
Mark Spain Real Estate

Building Info

Overview

    General

  • Year Built: 2006
  • Effective Year Built: 2006
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Style: Townhouse
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 221
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 1,742
  • Total Building Area: 1,685
  • Building Area: 1,685
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,685
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: MAGNOLIA HILL TOWNHOMES
  • Land Acres: 0.04
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: LO40 MAGNOLIA HILL TOWNHOMES BM2006-01076

Ownership

  • Current Owner : FERRY DANIEL
  • Previous Owner : SMITH JONATHAN M
  • Previous Owner 2: SMITH KARA D
  • Owner Before Previous Owner: SMITH TIMOTHY J
  • Owner Before Previous Owner 2: SMITH BONNIE L
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 054212

Zoning

  • Zoning: R-6

Geography

  • Account Number: 0347512
  • District: 19
  • Parcel: 1820.02-97-8882 0347512
  • Lot: 40
  • Municipality: WAKE FOREST
  • Latitude: 35.9688
  • Longitude: -78.5611

    Address

  • Full Address: 2515 Spring Oaks Way
  • Address - House Number: 2515
  • Address - Street Name: Spring Oaks
  • Address - Suffix Type: Way
  • State: NC
  • City Name: Raleigh
  • Carrier Code: R067
  • 4-Digit Zip Code: 8493
  • Zip Code: 27614

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,212

    Appraisal Valuation

  • Standard Deviation: 0.0684
  • Valuation Date: Mar 29, 2023
  • Confidence Score: 96
  • Final Value: 337,924
  • High Value: 361,056
  • Low Value: 314,792

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $268,000
  • First Open Lien Mortgage Lender: CORPORATE INVESTORS MORTGAGE G
  • First Open Lien Mortgage Recording Date: Mar 30, 2023
  • First Open Lien Mortgage Loan Amount: $268,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2038

    Market Valuation

  • Market Total Value: $216,522
  • Market Land Value: $36,000
  • Market Improvement Value: $180,522

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $216,522
  • Assessed Land Value: $36,000
  • Assessed Improvements Value: $180,522

    Sales

  • Current Sale Contract Date: Mar 28, 2023
  • Current Sale Recording Date: Mar 30, 2023
  • Current Sale Transaction ID: 11904467737
  • Current Sale Price: $335,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Nov 20, 2018
  • Previous Sale Contract Date: Nov 19, 2018
  • Previous Sale Amount: $147,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CORPORATE INVESTORS MORTGAGE G
  • First Mortgage Transaction Date: Mar 30, 2023
  • First Mortgage Loan Amount: $268,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2038

    Previous Mortgages

  • Previous Mortgage Lender: NAVY FCU
  • Previous Mortgage Transaction Date: Nov 20, 2018
  • Previous Mortgage Loan Amount: $150,058
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: VA
  • Previous Mortgage Loan Due Date: Dec 01, 2048

About North Raleigh



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Nearby Rentals

Unit for rent at 11835 Canemount Street, Raleigh, NC, 27614

$1,995 /mo

  • 3 Beds
  • 2.5 Baths
  • 2,445 ft²
11835 Canemount Street #11835 Canemount Street, Raleigh, NC, 27614 Listing by Manager

Frequently Asked Questions

What neighborhood is 2515 Spring Oaks Way located in?
The 2515 Spring Oaks Way is a located in the neighborhood of Magnolia Hill Townhomes in North Raleigh, Wake Forest.
How many listings are currently for sale in 2515 Spring Oaks Way?
This is a single-family home. The property is currently on the market for sale.
What is the average sales price for listings in 2515 Spring Oaks Way?
The average sales price for units in 2515 Spring Oaks Way is $335,000 , or $183/sqft. currently.

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