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616 Fallon Grove Way; Raleigh, NC Property Details

616 Fallon Grove Way, Raleigh, NC is a Single Family that was built in 2016. This property is currently Financed and is not for sale. Our records show that 616 Fallon Grove Way has 3 bedrooms, and 2.5 bathrooms, and a total of 2,598 square feet. The lot size of 616 Fallon Grove Way is 4,356 square feet.

Off market
616 Fallon Grove Way Raleigh, NC 27608
$765,000 Listing Price
3 Beds
2.5 Baths
2,598 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 2016
  • Purchase Price: $765,000
  • Open Loans / Balance: 1 / $188,523
  • Est. Equity / %: $625,477 / 76.84%
  • Gross Yield: 6.06%
  • APN: 1705.20-90-4835-000
  • Situs County: Wake
  • Length Of Ownership: 1 year, 3 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 2.5
  • Full Bathrooms: 2
  • Partial Bathrooms: 1

Structure

  • Building Style: Frame
  • Stories: 1.75
  • Sewer Type: Yes
  • Water Source: Yes

Measurements

  • Total: 2,598/SqFt
  • Lot: 4,356/SqFt
  • Gross: 2,598/SqFt
  • Garage: 300/SqFt
  • Living: 2,598/SqFt
  • Building: 2,598/SqFt
  • Garage Unfinished: 300/SqFt
  • Price Per Square Foot: $294.46

Legal Description

  • Description: LO82 THE GROVE @ FALLON PARK BM2014-0024
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Wake County Schools
  • Lat / Lon: 35.81251 / -78.63089
  • Subdivision: The Grove @ Fallon Park
  • Property Class: Residential
  • Zoning: R-10
  • County Use Code: 01

Amenities

  • Plus Four: 1880
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Garage
  • Heating: Forced air unit

HOA

  • H O A One: $207
  • H O A Amount: $207
  • H O A One Frequency: Monthly
  • H O A One Name: Grove At Fallon Park Owners Associa
  • H O A One Type: Home Owner Association

Ownership Info

616 Fallon Grove Way has no associated ownership info
616 Fallon Grove Way has no associated ownership info.

Taxes

616 Fallon Grove Way has 8 associated Taxes items

616 Fallon Grove Way, Raleigh, NC pays taxes in Wake County, NC. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $711,617. The APN we've located for 616 Fallon Grove Way is 1705.20-90-4835-000.

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Taxes
  • Assessed Value:  $711,617
  • Assessed Year:  2025
  • Assessed County:  Wake
  • APN:  1705.20-90-4835-000
  • Assessed Land Value:  210000
  • Market Land Value:  210000
  • Market Value:  711617
  • Market Year:  2025

Tax History

616 Fallon Grove Way has 11 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $711,617 Land Value $210,000 Improvement Value $501,617 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $711,617 Land Value $210,000 Improvement Value $501,617 Tax Amount $6,200.39 Change Rate +0.118903% Assessed CR Tax Rate +0.008713%
Year 2023 Assessed Value $506,559 Land Value $132,000 Improvement Value $374,559 Tax Amount $5,541.49 Change Rate +276.0745% Assessed CR Tax Rate +0.010939%
Year 2022 Assessed Value $506,559 Land Value $132,000 Improvement Value $374,559 Tax Amount $20 Change Rate -0.995637% Assessed CR Tax Rate +0.000039%
Year 2021 Assessed Value $506,559 Land Value $132,000 Improvement Value $374,559 Tax Amount $4,584.37 Change Rate +0.211092% Assessed CR Tax Rate +0.00905%
Year 2020 Assessed Value $506,559 Land Value $132,000 Improvement Value $374,559 Tax Amount $3,785.32 Change Rate +0.161465% Assessed CR Tax Rate +0.007473%
Year 2019 Assessed Value $279,497 Land Value $126,000 Improvement Value $153,497 Tax Amount $3,259.09 Change Rate +0.458062% Assessed CR Tax Rate +0.011661%
Year 2018 Assessed Value $432,993 Land Value $126,000 Improvement Value $306,993 Tax Amount $2,235.22 Change Rate +0.354564% Assessed CR Tax Rate +0.005162%
Year 2017 Assessed Value $432,993 Land Value $126,000 Improvement Value $306,993 Tax Amount $1,650.14 Change Rate Assessed CR Tax Rate +0.003811%
Year 2016 Assessed Value $126,000 Land Value $126,000 Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $88,000 Land Value $88,000 Improvement Value Tax Amount $911.24 Change Rate Assessed CR Tax Rate +0.010355%