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649 Fallon Grove Way

649 Fallon Grove Way, Raleigh, NC 27608
Townhouse in University
649 Fallon Grove Way in Raleigh, NC was first built in 2015 and is 9 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. 649 Fallon Grove Way has 2,471 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 3,049 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 152 sqft. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. 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, 649 Fallon Grove Way sold most recently in Aug 2, 2017 for a total of $440,000. If you work out the math, that's approximately a cost of $178.07 per sqft. Before that, the property was also sold for $420,000 in Dec 18, 2015. 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 $5,072 in taxes each year. 649 Fallon Grove Way was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $498,994. If we break it down further, the land itself was valued at $132,000. Improvements to the property, however, were assessed at a total of $366,994. The property's total market value has been marked the same as the total assessed value which is pretty typical. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20170730
07/30/2017
3 Bed
2.5 Bath
2420 ft²
-
bedrooms
3 Bed
bathrooms
2.5 Bath
square feet
2420 ft²
-
-
-
-

Building Info

Overview

    General

  • Year Built: 2015
  • Effective Year Built: 2015
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Construction Type: Frame
  • Building Style: Townhouse
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 152
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,049
  • Total Building Area: 2,471
  • Building Area: 2,471
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,471
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: THE GROVE FALLON PARK
  • Land Acres: 0.07
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: LO71 THE GROVE @ FALLON PARK BM2014-00246

Ownership

  • Current Owner : NIKLASSON ROLF KENNETH
  • Previous Owner : NEWELI HOWARD W
  • Previous Owner 2: NEWELI FAITH T
  • Owner Before Previous Owner: M I HOMES OF RALEIGH LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 051800

Zoning

  • Zoning: R-10

Geography

  • Account Number: 0420572
  • District: 01
  • Parcel: 1705.20-91-4101 0420572
  • Lot: 71
  • Municipality: RALEIGH
  • Latitude: 35.8132
  • Longitude: -78.631

    Address

  • Full Address: 649 Fallon Grove Way
  • Address - House Number: 649
  • Address - Street Name: Fallon Grove
  • Address - Suffix Type: Way
  • State: NC
  • City Name: Raleigh
  • Carrier Code: C007
  • 4-Digit Zip Code: 1880
  • Zip Code: 27608

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,072

    Appraisal Valuation

  • Standard Deviation: 0.1332
  • Valuation Date: Aug 31, 2022
  • Confidence Score: 84
  • Final Value: 761,167
  • High Value: 862,618
  • Low Value: 659,716

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $687,000
  • First Open Lien Mortgage Lender: MORTGAGE CENTRAL LLC
  • First Open Lien Mortgage Recording Date: Sep 07, 2017
  • First Open Lien Mortgage Loan Amount: $352,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2047
  • Second Open Lien Mortgage Lender: CENTRAL TRUST BANK
  • Second Open Lien Mortgage Recording Date: Mar 10, 2021
  • Second Open Lien Mortgage Loan Amount: $335,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Apr 01, 2051

    Market Valuation

  • Market Total Value: $498,994
  • Market Land Value: $132,000
  • Market Improvement Value: $366,994

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $498,994
  • Assessed Land Value: $132,000
  • Assessed Improvements Value: $366,994

    Sales

  • Current Sale Contract Date: Aug 02, 2017
  • Current Sale Recording Date: Sep 07, 2017
  • Current Sale Transaction ID: 1735930297
  • Current Sale Price: $440,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Dec 21, 2015
  • Previous Sale Contract Date: Dec 18, 2015
  • Previous Sale Amount: $420,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MORTGAGE CENTRAL LLC
  • First Mortgage Transaction Date: Sep 07, 2017
  • First Mortgage Loan Amount: $352,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2047

    Previous Mortgages

  • Previous Mortgage Lender: BRANCH BANKING AND TRUST CO
  • Previous Mortgage Transaction Date: Dec 21, 2015
  • Previous Mortgage Loan Amount: $335,705
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jan 01, 2046

About University



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Frequently Asked Questions

What neighborhood is 649 Fallon Grove Way located in?
The 649 Fallon Grove Way is a townhouse located in the neighborhood of University in University, Raleigh.
What is the average sales price for listings in 649 Fallon Grove Way?
The average sales price for units in 649 Fallon Grove Way is $0 currently.

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