1365 Formal Garden Way

Closed 10/31/24
Closed 10/31/24
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Last Sold Price
$555,000
4 beds2,391 sqft$232/sqft
1365 Formal Garden Way, Raleigh, NC 27603

Description

Take advantage of an exceptional opportunity with this gorgeous, move-in ready former model home, now available with a generous $10,000 use as you choose seller credits and up to $5,500 additional credits towards closing costs or rate buy-down with use of our preferred lender. This home boasts countless upgrades, including beautiful maple hardwoods, plantation shutters, crown molding, and fresh paint (interior and exterior). Enjoy peace of mind with a new roof and a transferrable home warranty. The...Take advantage of an exceptional opportunity with this gorgeous, move-in ready former model home, now available with a generous $10,000 use as you choose seller credits and up to $5,500 additional credits towards closing costs or rate buy-down with use of our preferred lender. This home boasts countless upgrades, including beautiful maple hardwoods, plantation shutters, crown molding, and fresh paint (interior and exterior). Enjoy peace of mind with a new roof and a transferrable home warranty. The main floor features an open floor plan with a kitchen outfitted with stainless steel appliances, a cozy gas log fireplace, a separate dining room, laundry room, and a versatile first-floor bedroom suite. Upstairs, the primary suite includes a walk-in closet and private balcony, along with two additional bedrooms, a full bath, and a loft. Outside, relax on the rocking chair front porch or in the private screened porch. The low-maintenance yard and patio are perfect for grilling, while the spacious two-car garage and additional parking pad add convenience. Located in a neighborhood with fantastic amenities like a pool, tennis courts, fitness center, and parks, and just minutes from downtown Raleigh.
LISTING CLOSED: 10/31/2024 08:20 AM

  1. Listed by Beth Peterson • Costello Real Estate & Investm
  2. Listed by Casey Mako • Costello Real Estate & Investm

Property Details for 1365 Formal Garden Way

Status
Closed
MLS #
10032416
Taxes
$4,158 / year
HOA Fees
$245 / quarter
Condo/Co-op Fees
-
Property Type
Single Family
MLS Type
Residential / Single Family Residence
Year Built
2010
Lot Size
0.12 AC / 5,227 SF
County
Wake County
View
Yes
Subdivision
Renaissance Park
HOA Fees
$244.50
Get preapproved with Rocket Mortgage1

Location

Listing Courtesy of Costello Real Estate & Investm

Sold By Coldwell Banker HPW

Add your commute

Building Information for 1365 Formal Garden Way

Stories2Year Built2010Building Size-Lot Size0.12 AC / 5,227 SF

Payment Calculator

Get preapproved with Rocket Mortgage1

$3,249 per month

30 year fixed, 6.55% Interest

Principal and Interest

$2,821

Property Taxes

$347

HOA Dues

$82

The Payment Calculator is for illustrative purposes only.

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Property Information for 1365 Formal Garden Way

Summary
Location and General Information
  • Directions: From Downtown Raleigh, take S Wilmington St. Right on Tryon Rd. Community entrance on Right. At the traffic circle, go around Gazebo to Olympia Dr. Right on Formal Garden Way
  • Subdivision Name: Renaissance Park
  • Latitude: 35.736989
  • Longitude: -78.659801
Taxes and HOA Information
  • Association Fee Includes: None
  • Association: Yes
  • Total HOA Dues: $.00
  • HOA 1 Fees Required: Yes
  • Tax Annual Amount: $4,157.64
  • City Limits Of: Raleigh
  • City Limits YN: Yes
  • Lot Number: 1289
  • Restrictive Covenants YN: Yes
Contract Information
  • Original MLS: Triangle MLS Inc
  • Property Leased YN: No
  • Years Owned: 1 or More Year(s)
  • Due Diligence Expiration Date: 2024-06-25
School Information
  • Elementary School: Wake - Smith
  • Middle Or Junior School: Wake - North Garner
  • High School: Wake - Garner
Parking
  • Open Parking: No
  • Parking Features: Attached, Concrete, Garage Faces Rear
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage: Yes
Property
Lot Information
  • Building Area Total: 2391.0
  • Lot Features: Back Yard, Corner Lot, Landscaped
  • Architectural Style: Charleston
  • Total Other Area Sq Ft: 0
  • Parcel Number: 1702039353
  • Structure Type: Site Built
  • Below Grade Unfinished Area Source: Assessor
  • Enhanced Accessible: No
  • Primary Residence YN: Yes
  • Sold PriceList Price: 0.98
Property and Assessments
  • New Construction: No
  • Photos Count: 39
  • Below Grade Finished Area: 0.0
  • Below Grade Finished Area Units: Square Feet
  • Community Features: Clubhouse, Fitness Center, Park, Pool, Street Lights, Tennis Court(s)
  • Builder Name: WinStar Homes
Utilities
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Water Source: Public
  • Water_Sewer: Public, Public Sewer, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Interior and Exterior Features
Exterior Features
  • Construction Materials: Fiber Cement
  • Exterior Features: Balcony, Fenced Yard, Private Yard
  • Fencing: Back Yard
  • Foundation Details: Slab
  • Patio And Porch Features: Front Porch, Rear Porch, Screened
  • Pool Private: No
  • Roof: Shingle
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
  • New Construction Type: Fiber Cement, Site Built
Interior Features
  • Levels: Two
  • Stories: 2
  • Flooring: Carpet, Hardwood, Tile
  • Windows Treatment: Plantation Shutters
  • Cooling: Central Air
  • Cooling?: Yes
  • Heating: Forced Air
  • Heating?: Yes
  • Appliances: Dishwasher, Disposal, Dryer, Gas Range, Refrigerator, Washer
  • Laundry Features: Laundry Room, Main Level
  • Interior Features: Bathtub/Shower Combination, Pantry, Ceiling Fan(s), Crown Molding, Double Vanity, Eat-in Kitchen, Entrance Foyer, Granite Counters, High Ceilings, Open Floorplan, Separate Shower, Smooth Ceilings, Soaking Tub, Tray Ceiling(s), Walk-In Closet(s)
  • Equipment Appliances: Dishwasher, Disposal, Dryer, Gas Range, Refrigerator, Washer
  • Interior: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected, Attached, Concrete, Garage Faces Rear, Fiber Cement, Laundry Room, Main Level, Carbon Monoxide Detector(s), Smoke Detector(s)
  • Equipment: Dishwasher, Disposal, Dryer, Gas Range, Refrigerator, Washer, Laundry Room, Main Level, Attached, Concrete, Garage Faces Rear
Room Information
Room Information
  • Rooms Total: 8.0
Room 1
  • Room Dimensions: 12 x 5
  • Room Width: 5.0
  • Room Length: 12.0
  • Room Level: Main
  • Room Type: Entrance Hall
Room 2
  • Room Dimensions: 12.8 x 10
  • Room Width: 10.0
  • Room Length: 12.8
  • Room Level: Main
  • Room Type: Dining Room
Room 3
  • Room Dimensions: 12 x 11
  • Room Width: 11.0
  • Room Length: 12.0
  • Room Level: Main
  • Room Type: Bedroom 2
Room 4
  • Room Dimensions: 15 x 10
  • Room Width: 10.0
  • Room Length: 15.0
  • Room Level: Main
  • Room Type: Kitchen
Room 5
  • Room Dimensions: 16 x 16
  • Room Width: 16.0
  • Room Length: 16.0
  • Room Level: Main
  • Room Type: Family Room
Room 6
  • Room Dimensions: 7.4 x 5.2
  • Room Width: 5.2
  • Room Length: 7.4
  • Room Level: Main
  • Room Type: Laundry
Room 7
  • Room Dimensions: 13 x 16.2
  • Room Width: 16.2
  • Room Length: 13.0
  • Room Level: Second
  • Room Type: Primary Bedroom
Room 8
  • Room Dimensions: 14.2 x 10.7
  • Room Width: 10.7
  • Room Length: 14.2
  • Room Level: Second
  • Room Type: Bedroom 3
Room 9
  • Room Dimensions: 12.3 x 13.8
  • Room Width: 13.8
  • Room Length: 12.3
  • Room Level: Second
  • Room Type: Bedroom 4
Room 10
  • Room Dimensions: 10.8 x 14.5
  • Room Width: 14.5
  • Room Length: 10.8
  • Room Level: Second
  • Room Type: Loft
Agent
Sale and Listing
  • Property Type: Residential
  • Property Class Name: CrossProperty

Property History for 1365 Formal Garden Way

DateEvent & SourcePriceAppreciation
Oct 31, 2024

Sold

TRIANGLEMLS #10032416

—
Oct 31, 2024

Pending

TRIANGLEMLS #10032416

—
Oct 30, 2024

Sold

TRIANGLEMLS #10032416

$555,000—
DateEvent & SourcePrice
10/31/2024

Sold

TRIANGLEMLS #10032416

—
10/31/2024

Pending

TRIANGLEMLS #10032416

—
10/30/2024

Sold

TRIANGLEMLS #10032416

$555,000

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

Public Records for 1365 Formal Garden Way

Taxable ValueLand$110,000Additions$454,549Total$564,549
Tax Record2025$4,943 ($412 / month)
Home Facts
Beds0Baths3.5Total Finished SqFt2,422 SqFtAbove Grade Finished SqFt2,422 SqFtStories2Lot Size5,227 SqFtStyleSingle Family ResidenceYear Built2010ZoningPDCountyWAKEAPN1702.13-03-9353 0361438Fireplace TypeHas Fireplace

Schools near 1365 Formal Garden Way

This home is within Wake County School District.
Rating
School
Type
Grades
Distance
Smith Elementary
Public - PK to 5
North Garner Middle
Public - 6 to 8
Garner High
Public - 9 to 12
Vernon Malone College and Career Academy
Public - 9 to 13
Rating
School
Distance
Smith Elementary
PublicPK to 5

North Garner Middle
Public6 to 8

Garner High
Public9 to 12

Vernon Malone College and Career Academy
Public9 to 13

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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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 1365 Formal Garden Way, Raleigh, NC 27603
$555,000
4
2,391
5,227
1361 Formal Garden Way, Raleigh, NC 27603
$298,600
3
2,100
3,920
1357 Formal Garden Way, Raleigh, NC 27603
$306,500
–
2,526
3,920
3800 Olympia Drive, Raleigh, NC 27603
$307,000
–
2,354
5,663
3735 Olympia Drive, Raleigh, NC 27603
$525,000
4
3,159
8,276
1349 Formal Garden Way, Raleigh, NC 27603
$276,100
3
2,068
3,920

Explore Nearby Homes

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 Costello Real Estate & Investm

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