Property Report for 1501 Favorwood Ct, Raleigh, NC 27615

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1501 Favorwood Ct, Raleigh, NC 27615
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1501 Favorwood Ct, Raleigh, NC 27615
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Property Details
  • Property Address 1501 Favorwood Ct, Raleigh, NC 27615
  • County Wake
  • Parcel ID 1717.06-49-5030 0051436
  • Legal description LO38 N RIDGE HAYMARKET VILL BL37
  • School district Wake County Schools
  • Acreage 0.64
  • Property class Single Family Residence
  • Zoning Subscribe
  • Square footage 4,363
  • Year built 1979
  • Bedrooms N/A
  • Bathrooms N/A

About the Property

1501 Favorwood Ct is a single family residence in the city of Raleigh, NC 27615. Located in the Wake County Schools, which resides in Wake County, NC and built in 1979. This Single Family Residence sits on a 27,878 sq ft lot and features 4,363 sq ft of living space.

The most recent property tax for 1501 Favorwood Ct was $1,080 with an estimated market value range of $730,568 to $775,757.

Property Info

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Flood

Ownership

Land
  • Acres 0.64
  • Square Feet 27,878
Building
  • Units 1
  • Year Built 1979
  • Effective Year Built 1990
  • Stories 1
  • # Fireplaces 1
  • Garage/Carport N/A
Utilities
  • Cooling Central
  • Heating Central
Interior
  • Square Footage
  • Living Area 4,363
  • Total Rooms 9
  • Bedrooms N/A
  • Total Bathrooms N/A
  • Full Bathrooms N/A
Your Property Report will also include the following information:

Raleigh Residential Market Stats

Median Sale Price $465,000 +6.9% YoY
Median Price/sq ft. $202
Wake County Median Sale Price $465,000 +6.9% YoY

See more Real Estate Trends for Raleigh including home values, types of properties sold and transaction volumes.

Taxes and Assessments for 1501 Favorwood Ct, Raleigh

Tax YearTaxesTax Assesed ValueExemptions
2022$1,080 (-24.8%) $438,485

2021$1,436 (+112.8%) $438,485

2020$675 (-87.2%) $438,485 (-3.2%)

2019

2018

2017

2016

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Sales History for 1501 Favorwood Ct, Raleigh

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Sale DateRecorded DateBuyer(s)Seller(s)PriceDocument ID

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Recently Sold Comparables
These are nearby recently sold properties that are similar to this property, base on available data.
AddressDistanceSqFtSale DatePrice$/SqFt
8104 HARPS MILL RD .33 mi4,45707/03/2023$1,500,000$337
7208 GRIST MILL RD .54 mi3,47405/25/2023$961,000$277
10200 CAPITAL BLVD 4.61 mi4,38011/02/2023$55,000$13
Active Mortgages and Equity Analysis
Date RecordedPositionOriginal AmountAmortized BalanceLoan TypeInterest RateLenderLender Type

  • Total Estimated Debt:

  • Estimated Value from ATTOM AVM:

  • Available Equity:

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Total Estimated Debt

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Automated Valuation Models (AVM)
Our Property Reports contain multiple Automated Valuation Models showing low, median, and high values along with confidence scores.
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Market Value Estimate
Nov 22, 2022 Confidence Score: 97%

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High
Rental Value Estimate ATTOM
Nov 27, 2022

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Various data sets have been provided by a third party or government source and are subject to change and possible errors. Depending on location and source, data may be missing or not available. Information is deemed reliable but not guaranteed to be accurate, up-to-date, or complete. Buyers, investors, and others are responsible for verifying the accuracy of all information.