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$565,000

Listing Price

4beds

3baths

2,422sqft

5,227sqft lot

1365 Formal Garden Way, Raleigh, NC 27603

Member Features

Find Real Estate Bargain!

  • Full foreclosure details

  • Home value, equity and ownership info

  • Find homes priced below market

  • Get full access with a FREE Account

Already a member?

For Sale

Off Market

Single Family

Home type

203.65

Price / sqft

2010

Year built

Home Details

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.

Interior Details

Square Feet
  • 2422

Bedrooms
  • 4

Bathrooms
  • 3

Heating
  • Has Heating:

    Yes

  • Heating Type:

    Forced Air With Air Conditioning

Cooling
  • Has Cooling:

    Yes

  • Cooling Type:

    Central

Fuel
  • Has Fuel:

    No

  • Fuel Type:

    N/A

Basement
  • Has Basement:

    No

  • Basement Type:

    N/A

Flooring
  • Has Flooring:

    No

  • Flooring Type:

    N/A

Fireplace
  • Has Fireplace:

    Yes

  • Fireplace Type:

    N/A

Property Details

Lot Size
  • 5227

Water
  • Yes

Sewer
  • Yes

Parking
  • Type:

    N/A

  • Location:

    N/A

  • Status:

    N/A

  • Number of Spaces:

    N/A

Deck
  • No

Patio
  • No

Fence
  • No

Pool
  • No

Porch
  • Yes

Stoop
  • No

Breezeway
  • No

Construction Details

Number of Stories
  • 2

Style
  • Conventional

Exterior
  • N/A

Foundation
  • N/A

Roof
  • N/A

Roofing Material
  • N/A

Tax History

Year

Amount

Land

Improvement

Percent Change

Assessment

2020

$3,646

$65,000

$314,633

--%

$379,633

2020

$3,646

$65,000

$314,633

--%

$379,633

2019

$3,473

$60,000

$238,003

--%

$298,003

2018

$3,275

$60,000

$238,003

--%

$298,003

2017

$3,120

$60,000

$238,003

--%

$298,003

2015

$3,278

$60,000

$254,638

--%

$314,638

2014

$3,109

$60,000

$254,638

--%

$314,638

2013

$2,903

$60,000

$254,638

--%

$314,638

2012

$2,903

$60,000

$254,638

--%

$314,638

percent-home-icon

Average Home Price in 27603

Nearby Properties

Zip Code

Price

Bed

Bath

Sqft

Lot

Sold Date

$374,260

-- Beds

2.5 Baths

2,218 Sqft

3,049 Lot (sqft)

Sold 09/22/2026

$243,250

-- Beds

2 Baths

2,516 Sqft

20,909 Lot (sqft)

Sold 06/02/2026

$510,000

3 Beds

2 Baths

2,560 Sqft

7,405 Lot (sqft)

Sold 10/26/2026

$604,869

-- Beds

2.5 Baths

2,453 Sqft

7,841 Lot (sqft)

Sold 10/26/2026

$389,900

4 Beds

4 Baths

2,127 Sqft

2,178 Lot (sqft)

Sold 10/13/2026

$569,000

4 Beds

4 Baths

2,735 Sqft

5,227 Lot (sqft)

Sold 09/29/2026

$565,000

4 Beds

3 Baths

2,422 Sqft

5,227 Lot (sqft)

Sold 09/29/2026

$439,999

3 Beds

3 Baths

2,184 Sqft

3,049 Lot (sqft)

Sold 10/13/2026

$575,000

-- Beds

2.5 Baths

2,475 Sqft

5,663 Lot (sqft)

Sold 07/10/2025

percent-home-icon

Calculators

Mortgage

Mortgage Calculator

Calculate your monthly mortgage payments.
Household Income
70,000
$
Home price
565,000
$
Down payment
113,000
$
Mortgage Rate
6.5
%
Loan Term
Property Tax Rate
1.1
%
Homeowner's Insurance (Annual)
3,390
$
HOA (Monthly)
0
$
PMI
0
$
$3,657
Your Payment
Total Monthly Payment:$3,657
Percent of Income:63%
Affordable:No

Details for 1365 FORMAL GARDEN WAY

Property Debt

Foreclosure Contact Details