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777 Fallon Grove Way

777 Fallon Grove Way, Raleigh, NC 27608
Property in University
Sold Mar 06, 2015
$360,000
$287,950 by M/i Financial Llc
Mortgage Due Apr 01, 2045
Local assessors in Raleigh, NC have categorized 777 Fallon Grove Way as a residential type of property. The home was built in 2014 and is 10 years old. The property's lot size has been calculated to be 2,178 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a townhouse style. As for the restroom situation, there are 3 full bathrooms. There are also 3 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 777 Fallon Grove Way has a total of 2,508 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a water system. The home is connected to a sewer system. Which is great for homeowners who want a more hands-off approach to handling their wastewater disposal. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. The garage on the property is 191 sqft. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. The property was last sold in Mar 6, 2015 for $360,000. That's $143.54 per sqft. 777 Fallon Grove Way was last assessed in 2023. The total value of the property was assessed at $475,744. Specifically, the land the property is located on was valued at $120,000. While improvements on the property were assessed at a total of $355,744. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $3,706. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2014
  • Effective Year Built: 2014
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Construction Type: Frame
  • Building Style: Townhouse
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 191
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 2,178
  • Total Building Area: 2,508
  • Building Area: 2,508
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,508
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: THE GROVE FALLON PARK
  • Land Acres: 0.05
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: LO53 THE GROVE @ FALLON PARK BM2014-00247

Ownership

  • Current Owner : COTTRELL ANGELA L
  • Previous Owner : M I HOMES OF RALEIGHT COMPANY
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Zoning

  • Zoning: R-10

Geography

  • Account Number: 0420554
  • District: 01
  • Parcel: 1705.20-90-1878 0420554
  • Lot: 53
  • Municipality: RALEIGH
  • Latitude: 35.8126
  • Longitude: -78.6318

    Address

  • Full Address: 777 Fallon Grove Way
  • Address - House Number: 777
  • Address - Street Name: Fallon Grove
  • Address - Suffix Type: Way
  • State: NC
  • City Name: Raleigh
  • Carrier Code: C007
  • 4-Digit Zip Code: 1881
  • Zip Code: 27608

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,706

    Appraisal Valuation

  • Standard Deviation: 0.1156
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 87
  • Final Value: 700,217
  • High Value: 781,209
  • Low Value: 619,226

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $287,950
  • First Open Lien Mortgage Lender: M/I FINANCIAL LLC
  • First Open Lien Mortgage Recording Date: Mar 06, 2015
  • First Open Lien Mortgage Loan Amount: $287,950
  • 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: Apr 01, 2045

    Market Valuation

  • Market Total Value: $475,744
  • Market Land Value: $120,000
  • Market Improvement Value: $355,744

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $475,744
  • Assessed Land Value: $120,000
  • Assessed Improvements Value: $355,744

    Sales

  • Current Sale Contract Date: Mar 06, 2015
  • Current Sale Recording Date: Mar 06, 2015
  • Current Sale Transaction ID: 1227323114
  • Current Sale Price: $360,000
  • Current Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: M/I FINANCIAL LLC
  • First Mortgage Transaction Date: Mar 06, 2015
  • First Mortgage Loan Amount: $287,950
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2045

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Frequently Asked Questions

What neighborhood is 777 Fallon Grove Way located in?
The 777 Fallon Grove Way is a located in the neighborhood of University in University, Raleigh.
What is the average sales price for listings in 777 Fallon Grove Way?
The average sales price for units in 777 Fallon Grove Way is $0 currently.

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