1316 Formal Garden Way

Closed 9/7/21

Sold

Last Sold Price

$395,000

3 beds3 baths1,942 sqft

1316 Formal Garden Way, Raleigh, NC 27603

Single FamilyProperty Type

0.1 acresLot Size

2010Year Built

$203/sq ftPrice per sq ft

$244 / quarterHOA Fees

2 carsParking Spaces

Description

This Raleigh two-story home offers granite countertops, and a two-car garage. This home has been virtually staged to illustrate its potential.This Raleigh two-story home offers granite countertops, and a two-car garage. This home has been virtually staged to illustrate its potential.

Listed by: Verria Hairston 919.436.2001 brokerageops@opendoor.com Brokerage DRE #C28655 • Opendoor Brokerage LLC

Listing closed: 09/07/2021 12:00 AM • Source: Doorify MLS (fka Triangle MLS), MLS#: 2388523

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Location

Listing Courtesy of Opendoor Brokerage LLC

Sold By Keller Williams Legacy

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$2,366 per month

30 year fixed, 6.71% Interest

Principal and Interest

$2,041

Property Taxes

$244

HOA Dues

$81

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Property Information for 1316 Formal Garden Way

Property Details

Taxes: $2,927 / year
MLS Type: Residential / Single Family Residence
County: Wake County
Subdivision: Renaissance Park

Building Information

Year Built: 2010
Lot Size: 0.10 AC / 4,356 SF

Summary

Location and General Information

Directions: Head southeast on Tryon Rd toward The Arts Dr Turn left onto Palace Garden Way At the traffic circle, take the 3rd exit onto Olympia Dr Turn right onto Formal Garden Way
Subdivision Name: Renaissance Park

Latitude: 35.738173
Longitude: -78.659128

Taxes and HOA Information

Association Fee: $243.50
Association Fee Frequency: Quarterly

Association Name: PPM, Inc.
Association: Yes
HOA 1 Fees Required: Yes
Tax Annual Amount: $2,927.00
City Limits Of: Raleigh
Has City Limits: No
Lot Number: 1291
Has Restrictive Covenants: Yes

Contract Information

Original Listing ID: 2388523
Original MLS: Triangle MLS Inc

Has Property Leased: No

Owner

Ownership Type: Other

School Information

Elementary School: Wake - Smith Elementary
Middle Or Junior School: Wake - North Garner Middle

High School: Wake - Garner High

Parking

Parking Features: Detached, Garage
Carport: No

Garage Spaces: 2.0
Garage: No

Property

Lot Information

Building Area Total: 1942.0
Lot Size Dimensions: 38x110

Architectural Style: Traditional
Total Other Area Sq Ft: 400.0
Structure Type: Site Built
Sold PriceList Price: 0.95

Property and Assessments

New Construction: No

Interior and Exterior Features

Exterior Features

Association Amenities: Clubhouse, Pool, Tennis Court(s)
Construction Materials: Masonite

Pool Features: Swimming Pool Com/Fee
New Construction Type: Site Built, Masonite

Interior Features

Levels: Two
Has Fireplace: Yes

Fireplaces Total: 1
Flooring: Carpet, Hardwood, Tile
Cooling: Central Air
Has Cooling: Yes
Heating: Forced Air, Natural Gas
Has Heating: Yes
Appliances: Gas Water Heater

Room Information

Rooms Total: 6.0

Property History for 1316 Formal Garden Way

Date	Event & Source	Price	Appreciation
Sep 7, 2021	Sold (Public Record) Public Record #1474289219	$395,000	+8.2% / yr
Sep 7, 2021	Sold Doorify MLS (fka Triangle MLS) #2388523	$395,000	—
Aug 6, 2021	Pending Doorify MLS (fka Triangle MLS) #2388523		—
Jun 8, 2021	Listed (Active) Doorify MLS (fka Triangle MLS) #2388523	$415,000	—
May 17, 2021	Sold (Public Record) Public Record #697891550	$385,500	—
May 17, 2021	Sold (Public Record) Public Record #1460680425	$385,500	+6.3% / yr
May 27, 2016	Sold (Public Record) Public Record #571380962	$284,000	+2.2% / yr
Jun 22, 2010	Sold AMLS #1707523	$249,420	—
Jun 22, 2010	Sold Doorify MLS (fka Triangle MLS) #1707523	$249,420	—
Jun 18, 2010	Sold (Public Record) Public Record #291452001	$249,500	—
Apr 23, 2010	Pending Doorify MLS (fka Triangle MLS) #1707523		—
Feb 4, 2010	Listed (Active) AMLS #1707523	$247,980	—
Feb 4, 2010	Listed (Active) Doorify MLS (fka Triangle MLS) #1707523	$247,980	—

Date	Event & Source	Price
09/07/2021	Sold (Public Record) Public Record #1474289219	$395,000 +8.2% / yr
09/07/2021	Sold Doorify MLS (fka Triangle MLS) #2388523	$395,000
08/06/2021	Pending Doorify MLS (fka Triangle MLS) #2388523	—
06/08/2021	Listed (Active) Doorify MLS (fka Triangle MLS) #2388523	$415,000
05/17/2021	Sold (Public Record) Public Record #697891550	$385,500
05/17/2021	Sold (Public Record) Public Record #1460680425	$385,500 +6.3% / yr
05/27/2016	Sold (Public Record) Public Record #571380962	$284,000 +2.2% / yr
06/22/2010	Sold AMLS #1707523	$249,420
06/22/2010	Sold Doorify MLS (fka Triangle MLS) #1707523	$249,420
06/18/2010	Sold (Public Record) Public Record #291452001	$249,500
04/23/2010	Pending Doorify MLS (fka Triangle MLS) #1707523	—
02/04/2010	Listed (Active) AMLS #1707523	$247,980
02/04/2010	Listed (Active) Doorify MLS (fka Triangle MLS) #1707523	$247,980

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 1316 Formal Garden Way

Taxable ValueLand$110,000Additions$348,904Total$458,904

Tax Record2025$4,022 ($335 / month)

Home Facts

Beds0Baths2.5Total Finished SqFt1,966 SqFtAbove Grade Finished SqFt1,966 SqFtStories2Lot Size4,356 SqFtStyleSingle Family ResidenceYear Built2010ZoningPDCountyWAKEAPN1702.13-13-1737 0361440Fireplace TypeHas Fireplace

Schools near 1316 Formal Garden Way

This home is within Wake County School District.


Rating	School	Type	Grades	Distance
5/10	Smith Elementary	Public - Serves this home	PK to 5	1.8 mi
3/10	North Garner Middle	Public - Serves this home	6 to 8	3.1 mi
5/10	Garner High	Public - Serves this home	9 to 12	2.3 mi
8/10	Vernon Malone College and Career Academy	Public - Nearby school	9 to 13	1.4 mi
9/10	Wake Young Women's Leadership Academy	Public - Nearby school	6 to 13	2.9 mi
10/10	Wake Young Men's Leadership Academy	Public - Nearby school	6 to 13	3.3 mi


Rating	School	Distance
5/10	Smith Elementary PublicPK to 5 Serves this home	1.8 mi
3/10	North Garner Middle Public6 to 8 Serves this home	3.1 mi
5/10	Garner High Public9 to 12 Serves this home	2.3 mi
8/10	Vernon Malone College and Career Academy Public9 to 13 Nearby school	1.4 mi
9/10	Wake Young Women's Leadership Academy Public6 to 13 Nearby school	2.9 mi
10/10	Wake Young Men's Leadership Academy Public6 to 13 Nearby school	3.3 mi

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Opendoor Brokerage LLC

Listings marked with a Doorify MLS icon are provided courtesy of the Doorify MLS, of North Carolina, Internet Data Exchange Database. 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. Copyright 2024 Doorify MLS of North Carolina. All rights reserved.

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