When was property at 720 Malbay Lane built and last sold?

The property at 720 Malbay Lane was built in 1984 and last sold on Feb 4, 2019 for $435,000.

How much is this home worth?

The estimated value of the home located at 720 Malbay Lane is $449,351.

What are some comparable homes to 720 Malbay Lane?

There are currently no comparable homes to 720 Malbay Lane.

Wake

27615

Shannon Woods

720 Malbay Lane

$435,000

● House - Off Market

720 Malbay Lane

Raleigh, NC 27615

4 Beds

2 Baths

2,689 Ft²

$671,825

RealtyHop Estimate

50.97%

Since Mar 1, 2019

National-US

Primary Model

About This Property

This beauty is definitely NOT a cookie cutter home. Convenient to shops and restaurants. The stunning ranch has 4 spacious bedrooms, cathedral ceiling in family room, large den, amazing bay window off the front, luxury master suite. Hardwood floors throughout; granite countertops. Backyard is absolutely an amazing manicured oasis and offers an oversized deck, in-ground swimming pool, a custom bar and grilling area, all fenced in for you to entertain in privacy. All waiting for you to make it your home!

Unit Size

2,689 Ft²

Days on Market

Land Size

1.10 acres

Price per sqft

$165

Property Type

House

Property Taxes

$178

HOA Dues

Year Built

1984

Payment Calculator

Cap Rate Calculator

Last updated: 2 years ago (TMLS #2228142)

Price History

Date / Event	Date	Event
Feb 13, 2019	Sold	Premium
Sold
Dec 14, 2018	Listed by Fathom Realty NC, LLC	$445,000
Listed by Fathom Realty NC, LLC
Oct 1, 2007	Sold	Premium
Sold

Property Highlights

Garage

Air Conditioning

Fireplace

Building Info

Overview

General

Year Built: 1984

Effective Year Built: 2010
Total Rooms: 7
Bedroom Count: 0
Bathroom Count: 2
Full Bathrooms: 2
Partial Bathrooms: 2
Building Condition: 6
Building Quality: 0
Construction Type: 6
Building Style: 15
Exterior Walls Type: 0
Interior Walls Type: 0
Roof Shape Type: 1
Roof Cover Type: 0
Floor Count: 100
Living Units: 1
Floor Cover: 0
Basement Type: 5
Basement Area: 0
Garage Type: 7
Garage Square Area: 575
Parking Space Count: 0
Patio Type: 0
Porch Type: 0
Pool Type: 8

Dimensions

Lot Size Square Feet: 47,916

Total Building Area: 2,644
Building Area: 2,644
Building Area Measurement: E

Heating and Cooling

Fireplace Count: 1

Air Conditioning: 1
Heating: 3
Heated Square Feet: 2,644
Heating Fuel Type: 3

Utilities

Sewer System: 5

Water Service: 6

Building

Building Type: 0

Property Class: R
Subdivision: SHANNON WOODS
Land Acres: 0000001100
Standard Land Use Code: 1001
County Land Use Code: 01
Legal Description 1: LO69 SHANNON WOODS PH2 BM1983-1134

Neighborhood

School District Name: Wake County Schools

School Tax School District: 23
Census Tract: 053807

Zoning

Zoning: R-40W

Geography

Account Number: 0131227

District: 02
Subdivision Phase Number: 2
Parcel: 0798.02-68-9117 0131227
Lot: 69
Municipality: BARTON'S CREEK
Latitude: 35.915
Longitude: -78.6727

Address

Full Address: 720 Malbay Ln

Address - House Number: 720
Address - Street Name: Malbay
Address - Suffix Type: Ln
State: NC
City Name: Raleigh
Carrier Code: C021
4-Digit Zip Code: 1542
Zip Code: 27615

Valuation

Tax

Tax Year: 2022

Tax Amount: $324,825

Appraisal Valuation

Standard Deviation: 0.1302

Valuation Date: Aug 31, 2022
Confidence Score: 85
Final Value: 691,707
High Value: 781,777
Low Value: 601,637

Open Liens

Total Open Liens:

Premium

Total Open Liens Amount:

Premium
First Open Lien Mortgage Lender:

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First Open Lien Mortgage Recording Date:

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First Open Lien Mortgage Loan Amount:

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First Open Lien Mortgage Term:

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First Open Lien Mortgage Position:

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First Open Lien Mortgage Loan Type:

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First Open Lien Mortgage Loan Due Date:

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Market Valuation

Market Total Value: $447,003

Market Land Value: $86,700
Market Improvement Value: $360,303

Assessments Valuation

Assessed Year: 2022

Assessed Total Value: $447,003
Assessed Land Value: $86,700
Assessed Improvements Value: $360,303

Sales

Current Sale Contract Date: Feb 04, 2019

Current Sale Recording Date: Feb 13, 2019
Current Sale Price:

Premium
Current Sale Document Type: 71
Previous Sale Recording Date: Oct 01, 2007
Previous Sale Contract Date: Oct 01, 2007
Previous Sale Amount: $325,000
Previous Sale Document Type: 71

Last Sale Mortgage

First Mortgage Lender:

Premium

First Mortgage Transaction Date:

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First Mortgage Loan Amount:

Premium
First Mortgage Terms:

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First Mortgage Loan Type:

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First Mortgage Loan Due Date:

Premium

Previous Mortgages

Previous Mortgage Lender:

Premium

Previous Mortgage Transaction Date:

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Previous Mortgage Loan Amount:

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Previous Mortgage Term:

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Previous Mortgage Loan Type:

Premium
Previous Mortgage Loan Due Date:

Premium

Data used for valuation calculations is provided by RealtyHop, and other third party sources

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Comparables

About Shannon Woods

Stats & Trends

Median Asking:

$839,900

Sale Price/ft²

$212

Below Asking

0.07%

Average Days on Market

203

Average Home Size

3961 ft²

Average Home Age

42 years

Currently For Sale

0 Listings

Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 1213 Fall Line Court, Raleigh, NC, 27613

$6,000 /mo

5 Beds
5 Baths
4,660 ft²

1213 Fall Line Court, Raleigh, NC, 27613 Listing by Jim Allen

Unit for rent at 8012 Lloyd Allyns Way, Raleigh, NC, 27615

$3,295 /mo

3 Beds
2 Baths
2,518 ft²

8012 Lloyd Allyns Way, Raleigh, NC, 27615 Listing by Joshua Furr

Unit for rent at 1409 Opal Court, Raleigh, NC, 27615

$2,050 /mo

4 Beds
2 Baths
1,830 ft²

1409 Opal Court, Raleigh, NC, 27615 Listing by Janet Liu

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: Teresa Wright, Fathom Realty NC, LLC
Last Updated: 2 years ago
Data Source: TMLS, MLS# 2228142

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 Triangle 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 2026 Triangle MLS, Inc. of North Carolina. All rights reserved.

720 Malbay Lane

About This Property

Price History

Property Highlights

Building Info

Overview

Building

Neighborhood

Zoning

Geography

Valuation

Comparables

About Shannon Woods

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions