#10076169, Matt Bennett, Listing office: Rich Realty Group
8117 Farmlea Cir Raleigh, NC 27616
Property details
About 8117 Farmlea Cir
Great starter home or investment portfolio addition. Price point and location do not get better than this! Let's start with location: Quick access to 540 for commuting around the Triangle; nearby access to the Neuse River Trail for miles of hiking and biking; downtown Wake Forest with it's amazing Friday Night on White Festivals; easy access to multiple grocery stores and all of your daily shopping needs; a short drive to the Falls Lake Dam recreation area for fishing, hiking and kayaking; and very near all the shops and restaurants around the Triangle Town Center area. Now let's consider the property and the price point: 2 beds, 1.5 bath and in-home laundry closet with hook-ups. Kitchen complete with conveying refrigerator. Dining area, living room and half bath complete the first floor. Several in-home closets and a locked storage closet off back provide a lot of storage. Paver back porch with privacy walls overlooks wooded natural setting. Newer LVP throughout main floor. All of this at $175,000! Come check-out this opportunity. Home has been a solid renter.
Highlights
Summary
- Partial Bathrooms: 1
- Full Bathrooms: 1
- Appliances: Range, Refrigerator
- Flooring Type: Carpet, Luxury Vinyl
- Total Bedroom Count: 2
- Architectural Style: Traditional
- Heating: Forced Air, Heat Pump
- Cooling: Central Air, Heat Pump
- List Price: $175,000
- Price/SqFt: $181
- HOA Amount: $118 Monthly
- Annual Tax Amount: $1,695
- Tax Year: 2024
- Directions: From Raleigh take Capital Blvd North towards Wake Forest past 540, Turn right on Perry Creek Rd, turn right on McGuire Dr, turn right on Farmlea Cir, property down on right
- Year Built: 1992
- Living Area: 966 SqFt
- Lot Size: 0.02 Acres
- MLS Number: 10112407
- MLS Name: Doorify MLS
- Office Name: eXp Realty, LLC - C
- Office Phone: (888) 584-9431
- Office Email: NC.Eastern@exprealty.net
- Listing Agent: Aaron Chaney
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Price information
Property sales
Date | Event | Price |
---|---|---|
Mar 14, 2018 | Home Sold | $95,000 |
Apr 23, 2015 | Home Sold | $46,500 |
Mar 22, 2006 | Home Sold | $58,000 |
Sep 24, 2004 | Home Sold | $56,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $192,931 | $1,695 |
2023 | $109,587 | $1,214 |
2022 | $109,587 | $1,129 |
2021 | $109,587 | $1,086 |
2020 | $109,587 | $1,066 |
2019 | $63,409 | $712 |
2018 | $63,409 | $679 |
History based on county public records data.
Nearby schools
4
Wildwood Forest Magnet Elementary School
Public District PK-5
0.8 mi
•8401 Wild Wood Forest Dr
5
Fox Road Elementary School
Public Magnet PK-5
0.8 mi
•7101 Fox Rd
3
Durant Road Elementary School
Public District PK-5
1.7 mi
•9901 Durant Rd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $44,035. The most common annual income of people living in Raleigh, NC is between $35k-100k. Most families are single, with kids. Most residents in this area have post secondary degree education.
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Frequently asked questions
About 8117 Farmlea Cir
The listing price of 8117 Farmlea Cir property is $175,000.
The property 8117 Farmlea Cir is a townhouse located in Raleigh, North Carolina, 27616.
Active Listing: 8117 Farmlea Cir is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 8117 Farmlea Cir are: Wildwood Forest Magnet Elementary School (GreatSchools Rating 4/10), Fox Road Elementary School (GreatSchools Rating 5/10), Durant Road Elementary School (GreatSchools Rating 3/10), Casa Esperanza Montessori Charter School (GreatSchools Rating 5/10), River Bend Middle School (GreatSchools Rating 5/10), Durant Road Middle School (GreatSchools Rating 3/10), Millbrook Magnet High School (GreatSchools Rating 6/10), Wakefield High School (GreatSchools Rating 7/10), Heritage High School (GreatSchools Rating 7/10).
According to the records, the last property tax for 2024 is $1,695 (source: MLS/based on county public records data).
The last sale was on March 14, 2018 for $95,000 (source: MLS/tax record).
The property at 8117 Farmlea Cir has 2 bedrooms and 1 full and 1 half bathrooms.
The property 8117 Farmlea Cir is 966 SqFt (source: MLS/tax record).
The year of construction for 8117 Farmlea Cir is 1992.
This home is located at 8117 Farmlea Cir in Raleigh, NC and zip code 27616 in the Berkshire Downs West neighborhood. This 966 square foot home, which was built in 1992, sits on a 0.02 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since July 29, 2025 and is currently priced at $175,000.
In June 2025 more than 121 listings in Raleigh, NC were sold above the asking price. During the same period more than 126 listings were sold at asking price, while more than 299 were sold below. The number of homes for sale in Raleigh, NC increased by 2.3% between May and June 2025. While the average time on the market in June 2025 was 31 days, the median list price was $458,689.