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Reduced - Falls Commons Subdivision

$144,900 Reduced

Photo of 2418 Gaheris Court, Raleigh, NC, 27614.

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Address: 2418 Gaheris Court	City/ST: Raleigh, NC	Zip Code: 27614
Location: Raleigh, NC	Property Type: Single Family Home	New or Resale: Resale
Square Footage: 1452	Bedrooms: 3	Bathrooms: 1 full, 1 half
MLS# 1674351

Spacious townhouse in popular N. Raleigh neighborhood close to shopping, hospitals, and schools. 9 ft ceilings on main level, large living room with corner fireplace with tv niche. Eat-in kitchen with center island, walk-in pantry and tons of storage overlooks fenced, landscaped patio/yard area. Large master with separate tub and shower, vaulted ceiling, and walk-in closet. Must see as won't last long.

Last Updated: 10/12/2009 11:53:55 AM

Listing Agent and Office: Betty Bargoil, Fonville Morisey

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Titles >Holding Title to A Condo

With condominiums becoming increasingly popular among today's homebuyers, it is a good time to clarify the terms of ownership that seem to confuse many people. Condo-type residences most commonly fall into two categories - condominiums and townhouses.

A condominium is usually a multi-story structure. Each owner-resident has a deed of ownership for his own unit and owns the space within the unit, but not the land under the structure. Therefore, condo units can be stacked vertically. Condo owners share title to the common areas of the development, including land, exterior of buildings, hallways, roofs and swimming pools -- all areas used by all occupants. Each owner pays property taxes on their unit. Also, a monthly fee is paid to the homeowners' association that is used for managing and maintaining all common areas.

A townhouse, or town home community is usually a series of single- or two-story housing units, each linked to each other horizontally by common walls. Each owner hold title to their unit and the land beneath it, thus these units cannot be stacked vertically. Typically, a townhouse unit will be a two-story residence, with the living area downstairs and bedrooms upstairs. Common areas belonging to the townhouse development are owned jointly. Each townhouse owner pays property taxes and association fees.

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Q	Who received the largest land grant ever given to an English subject for only two beaver skins per year?
A	William Penn, the Quaker leader, received Pennsylvania and Delaware to settle a debt owed his father by King Charles II.
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Deborah McCrae, REALTOR�, real estate agent and broker for Wake Forest, Raleigh and Garner, North Carolina home listings, property and land for sale - NUMBER1EXPERT

Deborah McCrae
World Properties International- McCrae Realty
7625 Kensington Manor Lane
Wake Forest, NC 27587
919-201-4361
Fax: 866-251-1948
deborahmccrae@NUMBER1EXPERT.com
Licensed in 1999, I, Deborah Georgetta McCrae have 10 years of successful residential and commercial real estate experience after having been a State of North Carolina employee for 19 years. I began working with Coldwell Banker Howard Perry & Walston always achieving Top Producer level, and in 2005 achieved the International President�s Elite Award, which was the second highest level one could earn.

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