NOT LISTED FOR SALE

101 Teal Lake Dr Holly Springs, NC 27540

Estimated Value: $340,000 - $371,000

3 Beds
2 Baths
1,188 Sq Ft
$302/Sq Ft Est. Value

Last Sold February 15, 2022

Last sale price $304,500 $256 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $2,146/month

22 Days on Market

Highlights

  • Clubhouse
  • Deck
  • Ranch Style House
  • Fuquay-Varina High Rated A-
  • Cathedral Ceiling
  • Wood Flooring

About This Home

As of February 2022

Hard to find in the heart of Holly Springs. Ranch home in a pool community over looking pond. Home offers Location, Location Location. Newer roof and a/c. Freshly painted family room. Eat in kitchen offers granite counter tops. Hardwood flooring in living room with vaulted ceilings. Newly remodeled bathroom. Relax on your newer deck while enjoying the views of your over sized back yard and pond. Garage offers lots of storage and shelving. Close to schools, shopping and 540

Last Agent to Sell the Property

Kelly Sullivan

Team Joel Sullivan Realty License #290970 Listed on: 12/18/2021

Last Buyer's Agent

Saroj Rath

Evershine Properties, Inc. License #310805

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,021

Year Built

  • Built in 1996

Lot Details

  • 0.29 Acre Lot
  • Fenced Yard
  • Corner Lot
  • Open Lot
  • Landscaped with Trees
  • Garden

HOA Fees

  • $30 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Private Driveway

Home Design

  • Ranch Style House
  • Masonite

Interior Spaces

  • 1,188 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Entrance Foyer
  • Family Room with Fireplace
  • Breakfast Room
  • Crawl Space
  • Scuttle Attic Hole
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Gas Range
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Shower Only

Laundry

  • Laundry on main level
  • Laundry in Kitchen

Outdoor Features

  • Deck
  • Rain Gutters

Schools

  • Herbert Akins Road Elementary School
  • Holly Grove Middle School
  • Fuquay Varina High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Cable TV Available

Community Details

Overview

  • Somerset Farm Subdivision

Amenities

  • Clubhouse

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,021

Year Built

Built in 1996

Lot Details

0

HOA Fees

$30 per month

Parking

1

Listing Details

  • Year Built: 1996
  • Prop. Type: Residential
  • Subdivision Name: Somerset Farm
  • Above Grade Finished Sq Ft: 1188.0
  • Architectural Style: Ranch
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Contract Information Ownership Type: Other
  • General Property Information Lot Size Dimensions: 0
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: Yes
  • Appliances Microwave: Yes
  • Architectural Style Ranch: Yes
  • Cooling Central Air: Yes
  • Laundry Features Main Level: Yes
  • Levels One: Yes
  • Security Features Smoke Detector(s): Yes
  • Sewer:Public Sewer: Yes
  • Structure Type Site Built: Yes
  • Water Source Public: Yes
  • Flooring Hardwood: Yes
  • Lot Features Hardwood Trees: Yes
  • Room Types Bedroom 2 Level: M
  • Room Types Bedroom 3 Level: M
  • Room Types Family Room2: Yes
  • Room Types Primary Bedroom Level: M
  • Room Types Breakfast Room: Yes
  • Interior Features Shower Only: Yes
  • Utilities Cable Available: Yes
  • General Property Information Senior Community YN: No
  • Flooring Laminate: Yes
  • Attic Features Scuttle: Yes
  • General Property Information Above Grade Finished Area: 1188.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 12632.4
  • General Property Information Lot Size Acres: 0.29
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Hardwood, Laminate
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fan(s), Eat-in Kitchen, Entrance Foyer, Granite Counters, High Ceilings, Shower Only, Vaulted Ceiling(s), Walk-In Closet(s)
  • Basement: Crawl Space
  • Appliances: Dishwasher, Gas Range, Gas Water Heater, Microwave, Plumbed For Ice Maker
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Family Room, Wood Burning
  • Fireplaces: 1
  • Appliances Dishwasher: Yes
  • Appliances:Plumbed For Ice Maker: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Interior Features:Entrance Foyer: Yes
  • Interior Features:Granite Counters: Yes
  • Interior Features:High Ceilings: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Basement:Crawl Space: Yes
  • Fireplace Features:Family Room: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Appliances:Gas Water Heater: Yes
  • Fireplace Features:Wood Burning: Yes
  • Interior Features:Cathedral Ceiling(s): Yes
  • Interior Features:Vaulted Ceiling(s): Yes
  • Appliances:Gas Range: Yes
  • Laundry Features:In Kitchen: Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Exterior Features: Fenced Yard, Rain Gutters
  • Acres: 0.29
  • Construction Type: Masonite
  • Patio And Porch Features: Deck
  • Exterior Features:Rain Gutters: Yes
  • Patio And Porch Features:Deck2: Yes
  • Exterior Features:Fenced - Yard: Yes
  • Lot Features:Garden2: Yes
  • Lot Features:Open Lot: Yes
  • Construction Materials:Masonite: Yes
  • Lot Features:Corner Lot: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Attached, Concrete, Driveway, Garage
  • Parking Features:Attached: Yes
  • Parking Features:Garage: Yes
  • Parking Features:Concrete4: Yes
  • Parking Features:Driveway: Yes
  • General Property Information:Garage Spaces: 1.0

Utilities

  • Utilities: Cable Available
  • Heating: Forced Air, Natural Gas
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 90.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Association/Amenities

  • Association Amenities:Pool: Yes
  • Association Amenities:Clubhouse: Yes
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 90.0
  • General Property Information:Association Fee Frequency: Quarterly

Schools

  • Ninth Grade High School: Wake - Fuquay Varina
  • Middle Or Junior School: Wake - Holly Grove

Lot Info

  • Lot Dimensions: 0
  • Lot Size Sq Ft: 12632.4
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2021.0
  • Tax Year: 2243

MLS Schools

  • Elementary School: Wake - Herbert Akins Road

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 18, 2021
Closed on
Feb 14, 2022
Sold by
Negron Manuel B and Negron Gennail B
Bought by
Tank Praful Harjiwan and Tank H
Seller's Agent
Kelly Sullivan
Team Joel Sullivan Realty
Buyer's Agent
Saroj Rath
Evershine Properties, Inc.
List Price
$325,000
Sold Price
$304,500
Premium/Discount to List
-$20,500
-6.31%
Current Estimated Value
$358,600

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,100
Avg. Annual Appreciation
4.52%
Original Mortgage
$228,375
Outstanding Balance
$212,089
Interest Rate
3.56%
Mortgage Type
New Conventional
Estimated Equity
$146,511

Purchase Details

Closed on
Feb 27, 1997
Bought by
Negron Manuel and Negron Gennail B
Source: Public Records

Range of Values:

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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
Tank Praful Harjiwan $312,000 None Listed On Document
Negron Manuel $112,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tank Praful Harjiwan $228,375
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/15/2023 12/15/23 Off Market $304,500 -- --
02/15/2022 02/15/22 Sold $304,500 -6.3% $256 / Sq Ft
01/11/2022 01/11/22 Pending -- -- --
12/20/2021 12/20/21 For Sale $325,000 -- $274 / 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
2025 $2,866 $330,642 $120,000 $210,642
2024 $2,854 $330,642 $120,000 $210,642
2023 $2,367 $217,615 $68,000 $149,615
2022 $2,286 $217,615 $68,000 $149,615
2021 $2,243 $217,615 $68,000 $149,615
2020 $2,243 $217,615 $68,000 $149,615
2019 $1,996 $164,242 $50,000 $114,242
2018 $0 $164,242 $50,000 $114,242
2017 $1,740 $164,242 $50,000 $114,242
2016 $1,717 $164,242 $50,000 $114,242
2015 $1,668 $157,029 $48,000 $109,029
2014 $1,611 $157,029 $48,000 $109,029
Source: Public Records

Agents Affiliated with this Home

  • Kelly Sullivan

    Seller's Agent in 2022

    Kelly Sullivan

    Team Joel Sullivan Realty

    (919) 228-1022

    14 in this area

    37 Total Sales

    Kelly Sullivan
    Section Image

  • S

    Buyer's Agent in 2022

    Saroj Rath

    Evershine Properties, Inc.

    (718) 753-6513

    5 in this area

    50 Total Sales

    Saroj Rath
    Section Image
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Map

Source: Doorify MLS

MLS Number: 2423722

Doorify MLS

APN: 0658.09-15-3433-000

North Carolina Wake County Holly Springs 27540

101 Teal Lake Dr, Holly Springs, NC

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