When was property at 5408 Farley Drive built and last sold?

The property at 5408 Farley Drive was built in 1968 and last sold on Jul 8, 2022 for $600,000.

How much is this home worth?

The estimated value of the home located at 5408 Farley Drive is $573,745.

What are some comparable homes to 5408 Farley Drive?

There are currently no comparable homes to 5408 Farley Drive.

Raleigh

27609

Scarsdale

5408 Farley Drive

1 / 35

Map

$588,172*

● House - Off Market

5408 Farley Drive

Raleigh, NC 27609

3 Beds

3 Baths, 1 Half Bath

2050 Sqft

$517,000 - $631,000

Reference Base Price*

2.31%

Since Aug 1, 2022

National-US

Primary Model

Sold Jul 13, 2022

$600,000

Fournier Matthew Takeshi Scarneo Scott Arthur

Buyer

Zachary Fulcher Jayson

Seller

$570,000 by Cornerstone Home Lending Inc

Mortgage Due Aug 01, 2052

Sold Apr 13, 2021

$455,000

Fulcher Jayson Zachary

Buyer

Bella Vita Investments Llc

Seller

$380,000 by Affiliated Mortgage Services

Mortgage Due May 01, 2051

About This Property

The manager has listed the unit size as 2050 square feet.

Unit Size

2,050Ft²

Days on Market

Land Size

0.24 acres

Price per sqft

$280

Property Type

House

Property Taxes

HOA Dues

Year Built

1968

Price History

Date / Event	Date	Event
Jul 15, 2022	No longer available	-
No longer available
Jul 13, 2022	Sold to Matthew Takeshi Fournier, S...	$600,000
Sold to Matthew Takeshi Fournier, S...
Jun 21, 2022	In contract	-
In contract
Jun 16, 2022	Listed	$574,900
Listed
Oct 6, 2021	No longer available	-
No longer available
Apr 13, 2021	Sold to Jayson Zachary Fulcher	$455,000
Sold to Jayson Zachary Fulcher
Mar 5, 2021	In contract	-
In contract
Mar 4, 2021	Price Decreased	$449,000 ↓ $1K (0.2%)
Price Decreased
Dec 31, 2020	Relisted	$450,000
Relisted
Dec 9, 2020	In contract	-
In contract
Nov 9, 2020	No longer available	-
No longer available
Nov 6, 2020	Listed	$450,000
Listed
Sep 2, 2020	Sold	$262,000
Sold
Aug 15, 2020	In contract	-
In contract
Aug 11, 2020	Listed	$240,000
Listed

Property Highlights

Fireplace

Air Conditioning

Building Info

Overview

General

Year Built: 1968

Effective Year Built: 2008
Total Rooms: 8
Bedroom Count: 0
Bathroom Count: 3
Full Bathrooms: 3
Partial Bathrooms: 3
Building Condition: Average
Construction Type: Frame
Building Style: Split level
Exterior Walls Type: Brick
Roof Shape Type: Gambrel
Floor Count: 1
Living Units: 1
Basement Type: Partial basement
Basement Area: 312
Parking Space Count: 0

Dimensions

Lot Size Square Feet: 10,454

Total Building Area: 1,937
Building Area: 1,937
Building Area Measurement: Heated Area

Heating and Cooling

Fireplace Count: 1

Air Conditioning: Central air conditioning
Heating: Central heating
Heated Square Feet: 1,937
Heating Fuel Type: Gas

Utilities

Sewer System: Yes

Water Service: Yes

Building

Property Class: Residential

Subdivision: SCARSDALE SUB
Land Acres: 0.24
Standard Land Use Code: Single family residential
Legal Description 1: LO3 SCARSDALE SUB BLG BM1967-00164

Ownership

Current Owner : FOURNIER MATTHEW TAKESHI

Current Owner 2: SCARNEO SCOTT ARTHUR
Previous Owner : ZACHARY FULCHER JAYSON
Owner Before Previous Owner: BELLA VITA INVESTMENTS LLC
Is Owner Occupied: Owner-occupied property
Ownership Rights Codes: unknown

Neighborhood

School District Name: Wake County Schools

Census Tract: 052602

Zoning

Zoning: R-4

Geography

Account Number: 0060808

District: 01
Parcel: 1706.12-75-7771 0060808
Lot: 3
Municipality: RALEIGH
Latitude: 35.8534
Longitude: -78.6363

Address

Full Address: 5408 Farley Dr

Address - House Number: 5408
Address - Street Name: Farley
Address - Suffix Type: Dr
State: NC
City Name: Raleigh
Carrier Code: C021
4-Digit Zip Code: 4414
Zip Code: 27609

Valuation

Tax

Tax Year: 2022

Tax Amount: $4,159

Appraisal Valuation

Standard Deviation: 0.0687

Valuation Date: Aug 31, 2022
Confidence Score: 96
Final Value: 582,250
High Value: 622,254
Low Value: 542,247

Open Liens

Total Open Liens: 1

Total Open Liens Amount: $570,000
First Open Lien Mortgage Lender: CORNERSTONE HOME LENDING INC
First Open Lien Mortgage Recording Date: Jul 13, 2022
First Open Lien Mortgage Loan Amount: $570,000
First Open Lien Mortgage Term: 360
First Open Lien Mortgage Position: 1
First Open Lien Mortgage Loan Type: Balloon
First Open Lien Mortgage Loan Due Date: Aug 01, 2052

Market Valuation

Market Total Value: $408,758

Market Land Value: $250,000
Market Improvement Value: $158,758

Assessments Valuation

Assessed Year: 2022

Assessed Total Value: $408,758
Assessed Land Value: $250,000
Assessed Improvements Value: $158,758

Sales

Current Sale Contract Date: Jul 08, 2022

Current Sale Recording Date: Jul 13, 2022
Current Sale Transaction ID: 11892177509
Current Sale Price: $600,000
Current Sale Document Type: Warranty Deed
Previous Sale Recording Date: Apr 13, 2021
Previous Sale Contract Date: Apr 12, 2021
Previous Sale Amount: $455,000
Previous Sale Document Type: Warranty Deed

Last Sale Mortgage

First Mortgage Lender: CORNERSTONE HOME LENDING INC

First Mortgage Transaction Date: Jul 13, 2022
First Mortgage Loan Amount: $570,000
First Mortgage Terms: 360
First Mortgage Loan Type: Balloon
First Mortgage Loan Due Date: Aug 01, 2052

Previous Mortgages

Previous Mortgage Lender: AFFILIATED MORTGAGE SERVICES

Previous Mortgage Transaction Date: Apr 13, 2021
Previous Mortgage Loan Amount: $380,000
Previous Mortgage Term: 360
Previous Mortgage Loan Type: New Conventional
Previous Mortgage Loan Due Date: May 01, 2051

Redact Ownership Info

Comparables

5221 Sedgefield Drive

In Contract

House

3 Beds

2 Baths

2,239 ft²

$239/ft²

$535,000 Mar 1, 2024

$309/mo

5700 Tully Court

Active

House

3 Beds

2 Baths

1,615 ft²

$372/ft²

$600,000 Apr 18, 2024

$232/mo

404 Cottonwood Circle

In Contract

House

4 Beds

3 Baths

2,112 ft²

$284/ft²

$600,000 Feb 7, 2024

$316/mo

233 Rosehaven Drive

Active

House

4 Beds

2 Baths

1,649 ft²

$317/ft²

$522,000 Apr 6, 2024

$296/mo

5905 Rangeley Drive

In Contract

House

4 Beds

2 Baths

1,723 ft²

$290/ft²

$500,000 Mar 25, 2024

$258/mo

508 Northwood Drive

Active

Land

Loft

$600,000 Dec 18, 2023

5312 Alpine Drive

Active

Land

Loft

$650,000 Nov 10, 2023

$0/mo

About North Raleigh

Stats & Trends

Median Asking:

$422,550

Sale Price/ft²

$222

Below Asking

0.01%

Average Days on Market

Average Home Size

2506 ft²

Average Home Age

30.9 years

Currently For Sale

117 Listings

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5408 Farley Drive

About This Property

Price History

Property Highlights

Building Info

Overview

Building

Ownership

Neighborhood

Zoning

Geography

Valuation

Comparables

About North Raleigh

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions