NOT LISTED FOR SALE

10844 Laurnet Place Raleigh, NC 27614

Estimated Value: $351,218 - $363,000

3 Beds
2.5 Baths
1,541 Sq Ft
$232/Sq Ft Est. Value

Last Sold January 03, 2025

Last sale price $360,000 $234 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $2,388/month

7 Days on Market

Highlights

  • Traditional Architecture
  • End Unit
  • Neighborhood Views
  • Abbotts Creek Elementary School Rated A
  • Corner Lot
  • Community Pool

About This Home

As of January 2025

Welcome to 10844 Laurnet Pl, a charming end-unit townhome located in the highly sought after Falls Commons Townhomes, between the neighborhoods of Falls River and Bedford in North Raleigh. This delightful corner property offers 1,541 square feet of comfortable living space, featuring three spacious bedrooms and two and a half bathrooms. Enjoy the luxury of a kitchen that was completely updated in the Fall of 2024-including contemporary blue and white cabinets, new quartz countertops, all new stainless steel appliances, and a large single-bowl stainless steel sink. The flood of natural light that comes into the kitchen, along with the beautiful island, offers a delightful place to cook and gather. Enjoy a seated dinner in the dining room, featuring 4 large windows with quaint views of the surrounding neighborhood. The living room provides a warm and inviting atmosphere, accentuated by a fireplace that serves as the focal point of the room. The home offers newly installed LVP floors throughout the downstairs that have a rich, authentic look, along with carpet and tile upstairs. Have the peace of mind of a new AC and furnace, installed in 2020. Enjoy the convenience of an attached two car garage that allows for protection of your vehicles and ample storage. The private, fenced in backyard has rose bushes, new sod, and a planter's box for flowers or your own herb garden. Step outside your door anytime for a walk of the neighborhood, located in walking or biking distance to several entries to the Greenway and many parks. HOA coverage includes landscaping, termite control, and siding and roof maintenance. Don't miss out on this cozy end-unit in a great location!

Last Listed By

Isabel Haas

Compass -- Raleigh License #331687 Listed on: 12/05/2024

Compass -- Raleigh

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,758

Year Built

  • Built in 2001

Lot Details

  • 3,485 Sq Ft Lot
  • End Unit
  • 1 Common Wall
  • Wood Fence
  • Landscaped
  • Back Yard Fenced and Front Yard

HOA Fees

  • $164 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Garage Door Opener
  • Private Driveway
  • 2 Open Parking Spaces

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,541 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Gas Log Fireplace
  • Family Room with Fireplace
  • Living Room
  • Dining Room
  • Neighborhood Views

Kitchen

  • Oven
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island

Flooring

  • Carpet
  • Tile
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Separate Shower in Primary Bathroom
  • Soaking Tub

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Front Porch

Schools

  • Abbotts Creek Elementary School
  • Wakefield Middle School
  • Wakefield High School

Horse Facilities and Amenities

  • Grass Field

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Connected

Listing and Financial Details

  • Assessor Parcel Number LO22 FALLS COMMONS TWNHMS P1 BM1999-2374

Community Details

Overview

  • Association fees include ground maintenance, maintenance structure, storm water maintenance
  • Falls Commons Townhomes HOA (Towne Properties) Association, Phone Number (919) 878-8787
  • Falls Commons Townhomes Subdivision

Recreation

  • Community Pool
  • Park

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,758

Year Built

Built in 2001

Lot Details

0

HOA Fees

$164 per month

Parking

2

Listing Details

  • Year Built: 2001
  • Prop. Type: Residential
  • Horses: No
  • Reso Association Fee Includes: Maintenance Grounds, Maintenance Structure, Storm Water Maintenance
  • Co List Office Mls Id: 75688
  • Co List Office Phone: 919-726-6548
  • Subdivision Name: Falls Commons Townhomes
  • Above Grade Finished Sq Ft: 1541.0
  • Architectural Style: Traditional
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Contract Information Ownership Type: Townhouse
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: Yes
  • Cooling Central Air: Yes
  • Flooring Luxury Vinyl: Yes
  • Flooring Tile: Yes
  • Foundation Details Slab: Yes
  • Laundry Features Laundry Room: Yes
  • Laundry Features Main Level: Yes
  • Sewer:Public Sewer: Yes
  • Structure Type Site Built: Yes
  • Water Source Public: Yes
  • Flooring Carpet: Yes
  • Interior Features Separate Shower: Yes
  • Levels Two: Yes
  • Room Types Bedroom 2 Level: Second
  • Room Types Bedroom 3 Level: Second
  • Room Types Dining Room2: Yes
  • Architectural Style Traditional: Yes
  • Room Types Primary Bedroom Level: Second
  • Appliances Refrigerators: Yes
  • Room Types Living Room2: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Pool Features Swimming Pool ComFee: Yes
  • General Property Information Association Phone: 919 878 8787
  • General Property Information Senior Community YN: No
  • Common Walls End Unit: Yes
  • General Property Information Enhanced Accessible2: No
  • General Property Information Horse YN2: No
  • General Property Information Monthly Association Fees2: 163.5
  • Roof:Shingle: Yes
  • Utilities Water Connected: Yes
  • General Property Information Spa YN: No
  • General Property Information Above Grade Finished Area: 1541.0
  • General Property Information Carport YN: No
  • Utilities Electricity Connected: Yes
  • Utilities Sewer Connected: Yes
  • Room Types Laundry2: Yes
  • Structure Type Townhouse: Yes
  • View Neighborhood4: Yes
  • Fencing Back Yard: Yes
  • Utilities Natural Gas Connected: Yes
  • Fencing Wood2: Yes
  • Vegetation Grassed: Yes
  • General Property Information Lot Size Square Feet2: 3485.0
  • General Property Information Lot Size Acres: 0.08
  • General Property Information Stories2: 2
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2

Interior Features

  • Flooring: Carpet, Luxury Vinyl, Tile
  • Interior Amenities: Ceiling Fan(s), Kitchen Island, Separate Shower, Soaking Tub, Walk-In Closet(s)
  • Private Spa: No
  • Appliances: Dishwasher, Dryer, Oven, Refrigerator, Stainless Steel Appliance(s), Washer
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Family Room, Gas Log
  • Fireplaces: 1
  • Total Bedrooms: 7
  • Stories: 2
  • Appliances Dishwasher: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Community Features:Street Lights: Yes
  • Fireplace Features:Family Room: Yes
  • Fireplace Features:Gas Log: Yes
  • Interior Features:Soaking Tub: Yes
  • Appliances:Oven: Yes
  • Appliances:Stainless Steel Appliance(s): Yes
  • Community Features:Sidewalks: Yes
  • Fireplace Features:Fireplaces Total: 1
  • Community Features:Curbs: Yes
  • Interior Features:Kitchen Island: Yes
  • Community Features:Park2: Yes

Exterior Features

  • Roof: Shingle
  • Exterior Features: Fenced Yard, Private Yard
  • Fencing: Back Yard, Wood
  • Acres: 0.08
  • Waterfront: No
  • Disclosures: Seller Disclosure
  • Home Warranty: No
  • Common Walls: 1 Common Wall, End Unit
  • Construction Type: Brick, Vinyl Siding
  • Foundation Details: Slab
  • Patio And Porch Features: Front Porch, Patio
  • Lot Features:Landscaped: Yes
  • Construction Materials:Vinyl Siding: Yes
  • Patio And Porch Features:Patio: Yes
  • Exterior Features:Fenced - Yard: Yes
  • Lot Features:Corner Lot: Yes
  • Construction Materials:Brick: Yes
  • Lot Features:Back Yard2: Yes
  • Exterior Features:Private Yard: Yes
  • Patio And Porch Features:Front Porch: Yes
  • Lot Features:Front Yard2: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Open Parking Spaces: 2.0
  • Open Parking: Yes
  • Parking Features: Concrete, Driveway, Garage, Garage Door Opener, Garage Faces Front
  • Total Parking Spaces: 4.0
  • Parking Features:Garage: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Concrete4: Yes
  • Parking Features:Driveway: Yes
  • Parking Features:Garage Faces Front: Yes
  • General Property Information:Garage Spaces: 2.0
  • General Property Information:Attached Garage YN: Yes
  • General Property Information:Parking Total: 4.0
  • General Property Information:Open Parking YN2: Yes
  • General Property Information:Open Parking Spaces2: 2.0

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Forced Air
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Community Features: Curbs, Park, Sidewalks, Street Lights
  • Senior Community: No
  • Association Fee: 163.5
  • Association Fee Frequency: Monthly
  • Association Name: Falls Commons Townhomes HOA (Towne Properties)
  • Phone: 919-878-8787
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: Falls Commons Townhomes HOA (Towne Properties)
  • Association Fee Includes:Maintenance Grounds2: Yes
  • Association Fee Includes:Maintenance Structure2: Yes
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 163.5
  • General Property Information:Association Fee Frequency: Monthly

Schools

  • Ninth Grade High School: Wake - Wakefield
  • Middle Or Junior School: Wake - Wakefield

Lot Info

  • Lot Size Sq Ft: 3485.0
  • ResoLotSizeUnits: Acres
  • Parcel #: LO22 FALLS COMMONS TWNHMS P1 BM1999-2374
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2757.51
  • Tax Year: 2025
  • Tax Map Number: 22

MLS Schools

  • Elementary School: Wake - Abbotts Creek

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 5, 2024
Closed on
Jan 2, 2025
Sold by
Funderburk Steven Elliott and Funderburk Sarah Jane
Bought by
Pallesen Heidi and Pallesen Evan
Seller's Agent
Isabel Haas
Compass -- Raleigh
Buyer's Agent
Amber Barefoot
Compass -- Raleigh
List Price
$360,000
Sold Price
$360,000
Total Days on Market
7
Views
59
Current Estimated Value
$357,305

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,695
Avg. Annual Appreciation
-2.47%
Original Mortgage
$343,000
Outstanding Balance
$342,125
Interest Rate
6.84%
Mortgage Type
New Conventional
Estimated Equity
$15,180

Purchase Details

Closed on
Aug 1, 2020
Sold by
Sph Two Lllp
Bought by
Funderburk Steven Elliott and Funderburk Sarah Jane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$223,250
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 24, 2020
Sold by
Pan Chun
Bought by
Sph Two Lllp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$223,250
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 24, 2010
Sold by
Pan Chun
Bought by
Pan Chun and Chun Pan Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,450
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 10, 2010
Sold by
Pan Chun
Bought by
Pan Chun

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,450
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 9, 2008
Sold by
Pan Chun
Bought by
Pan Chun and Chun Pan Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Interest Rate
5.94%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 25, 2004
Sold by
Stearns Adela Annette
Bought by
Pan Chun

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,800
Interest Rate
5%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 17, 2001
Sold by
Westminster Homes Inc
Bought by
Stearns Adela Annette

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Pallesen Heidi $360,000 None Listed On Document
Pallesen Heidi $360,000 None Listed On Document
Funderburk Steven Elliott $235,000 None Available
Sph Two Lllp $219,000 None Available
Pan Chun -- None Available
Pan Chun -- None Available
Pan Chun -- None Available
Pan Chun $156,000 --
Stearns Adela Annette $153,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pallesen Heidi $343,000
Closed Pallesen Heidi $343,000
Previous Owner Funderburk Steven Elliott $223,250
Previous Owner Pan Chun $140,450
Previous Owner Pan Chun $148,000
Previous Owner Pan Chun $124,800
Previous Owner Stearns Adela Annette $125,945
Closed Pan Chun $31,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/03/2025 01/03/25 Sold $360,000 0.0% $234 / Sq Ft
12/12/2024 12/12/24 Pending -- -- --
12/05/2024 12/05/24 For Sale $360,000 -- $234 / Sq Ft
Source: Doorify MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,758 $315,211 $75,000 $240,211
2023 $2,414 $219,649 $50,000 $169,649
2022 $2,244 $219,649 $50,000 $169,649
2021 $2,157 $219,649 $50,000 $169,649
2020 $2,118 $219,649 $50,000 $169,649
2019 $2,076 $177,393 $40,000 $137,393
2018 $1,958 $177,393 $40,000 $137,393
2017 $1,865 $177,393 $40,000 $137,393
2016 $1,827 $177,393 $40,000 $137,393
2015 $1,868 $178,467 $39,900 $138,567
2014 -- $178,467 $39,900 $138,567
Source: Public Records

Agents Affiliated with this Home

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Source: Doorify MLS

MLS Number: 10066005

Doorify MLS

APN: 1729.04-80-4107-000