NOT LISTED FOR SALE

1013 Tea Time Trail Morrisville, NC 27560

Estimated Value: $385,000 - $425,000

3 Beds
3.5 Baths
1,733 Sq Ft
$231/Sq Ft Est. Value

Last Sold September 05, 2024

Last sale price $371,111 $214 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $2,634/month

5 Days on Market

Highlights

  • New Construction
  • Main Floor Bedroom
  • Granite Countertops
  • Traditional Architecture
  • High Ceiling
  • Community Pool

About This Home

As of September 2024

This Manteo II plan features 3 bedrooms & 3.5 baths and stands tall with 3 stories. This home has a beautiful front exterior with the garage hidden at the rear of the home. Off the foyer is a first floor bedroom and full bath, a beautiful open living, dining and kitchen greet you on the 2nd floor, and two bedrooms with their en-suite baths are on the 3rd level. This home is located directly across the street from the future pool & cabana, and dog park. This is a new construction home with estimated completion date in May 2024.

Last Agent to Sell the Property

Matthew Lovelace

Lennar Carolinas LLC License #289195 Listed on: 10/25/2023

Lennar Carolinas LLC

Co-Listed By

Kathleen Stasser

Lennar Carolinas LLC License #148210

Last Buyer's Agent

Amber O'Neal

Lennar Carolinas LLC License #303660

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 2024 | New Construction

Lot Details

  • 1,394 Sq Ft Lot
  • Lot Dimensions are 18x73x18x73
  • Landscaped

HOA Fees

  • $225 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Rear-Facing Garage
  • Garage Door Opener
  • Private Driveway

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Board and Batten Siding
  • Vinyl Siding
  • Radon Mitigation System

Interior Spaces

  • 1,733 Sq Ft Home
  • 3-Story Property
  • Tray Ceiling
  • Smooth Ceilings
  • High Ceiling
  • Entrance Foyer
  • Living Room
  • Combination Kitchen and Dining Room
  • Pull Down Stairs to Attic

Kitchen

  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Carpet
  • Tile
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Home Security

Eco-Friendly Details

  • Energy-Efficient Lighting
  • Energy-Efficient Thermostat
  • Containment Control

Outdoor Features

  • Rain Gutters

Schools

  • Bethesda Elementary School
  • Lowes Grove Middle School
  • Hillside High School

Utilities

  • Cooling System Powered By Gas
  • Zoned Heating and Cooling
  • Heating System Uses Gas
  • Heating System Uses Natural Gas
  • Heat Pump System
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Home warranty included in the sale of the property

Community Details

Overview

  • Association fees include ground maintenance, maintenance structure, road maintenance, storm water maintenance, trash
  • Charleston Management Association
  • Built by Lennar
  • Tanglewood Subdivision

Recreation

  • Community Pool
  • Trails

Security

  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Year Built

Built in 2024 | New Construction

Lot Details

0

HOA Fees

$225 per month

Parking

1

Listing Details

  • Builder Name: Lennar
  • Year Built: 2024
  • Prop. Type: Residential
  • Reso Association Fee Includes: Maintenance Grounds, Maintenance Structure, Road Maintenance, Storm Water Maintenance, Trash
  • Co List Office Phone: 919-337-9420
  • Subdivision Name: Tanglewood
  • Architectural Style: Traditional
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • New Construction: Yes
  • Efficiency: Lighting, Thermostat
  • Contract Information Ownership Type: Townhouse
  • General Property Information Above Grade Unfinished Area: 200.0
  • General Property Information Total Unfinished Area2: 200.0
  • General Property Information Lot Size Dimensions: 18x73x18x73
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: No
  • Appliances Microwave: Yes
  • Attic Features Pull-Down Stairs: Yes
  • Flooring Luxury Vinyl: Yes
  • Flooring Tile: Yes
  • Foundation Details Slab: Yes
  • Interior Features BathtubShower Combination: Yes
  • Interior Features KitchenDining Room Combination: Yes
  • Security Features Smoke Detector(s): Yes
  • Sewer:Public Sewer: Yes
  • Structure Type Site Built: Yes
  • Water Source Public: Yes
  • Contract Information Estimated Completion Date: 2024-05-01
  • Cooling Zoned: Yes
  • Flooring Carpet: Yes
  • Interior Features Smooth Ceilings: Yes
  • Property Condition Framed: No
  • Room Types Bedroom 2 Level: 3
  • Room Types Bedroom 3 Level: M
  • Room Types Dining Room2: Yes
  • Architectural Style Traditional: Yes
  • Room Types Primary Bedroom Level: 3
  • Laundry Features Upper Level: Yes
  • Appliances Refrigerators: Yes
  • Room Types Living Room2: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Utilities Cable Available: Yes
  • Remarks and Miscellaneous Syndication Remarks2: This Manteo II plan features 3 bedrooms & 3.5 baths and stands tall with 3 stories. This home has a beautiful front exterior with the garage hidden at the rear of the home. Off the foyer is a first floor bedroom and full bath, a beautiful open living, dining and kitchen greet you on the 2nd floor, and two bedrooms with their en-suite baths are on the 3rd level. This home is located directly across the street from the future pool & cabana, and dog park. New construction home with est completion May 2024
  • Pool Features Swimming Pool ComFee: Yes
  • Laundry Features Laundry Closet: Yes
  • Levels Three Or More: Yes
  • Heating Gas Pack2: Yes
  • Interior Features Radon Mitigation: Yes
  • General Property Information Below Grade Finished Area: 1733.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 1393.92
  • General Property Information Lot Size Acres: 0.032
  • General Property Information:Living Area3: 1733.0
  • General Property Information Builder Name: Lennar
  • Special Features: NewHome
  • Property Sub Type: Townhouses

Interior Features

  • Flooring: Carpet, Luxury Vinyl, Tile
  • Interior Amenities: Bathtub/Shower Combination, Entrance Foyer, Granite Counters, High Ceilings, High Speed Internet, Kitchen/Dining Room Combination, Radon Mitigation, Smooth Ceilings, Tray Ceiling(s), Walk-In Closet(s), Walk-In Shower
  • Appliances: Dishwasher, Dryer, Electric Water Heater, Microwave, Refrigerator, Washer
  • Basement YN: No
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 1733.0
  • Appliances Dishwasher: Yes
  • Interior Features:Entrance Foyer: Yes
  • Interior Features:Granite Counters: Yes
  • Interior Features:High Ceilings: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Walk-In Shower: Yes
  • Community Features:Street Lights: Yes
  • Interior Features:Tray Ceiling(s): Yes
  • Appliances:Electric Water Heater: Yes
  • Interior Features:High Speed Internet: Yes

Exterior Features

  • Exterior Features: Rain Gutters
  • Acres: 0.03
  • Home Warranty: Yes
  • Construction Type: Board & Batten Siding, Vinyl Siding
  • Foundation Details: Slab
  • Exterior Features:Rain Gutters: Yes
  • Lot Features:Landscaped: Yes
  • Construction Materials:Board Batten Siding: Yes
  • Construction Materials:Vinyl Siding: Yes

Garage/Parking

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

Utilities

  • Utilities: Cable Available
  • Heating: Gas Pack, Natural Gas, Zoned
  • Cooling: Gas Pack, Heat Pump, Zoned
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Zoned2: Yes
  • HeatingCooling:Heat Pump: Yes

Condo/Co-op/Association

  • Community Features: Street Lights
  • Association Fee: 225.0
  • Association Fee Frequency: Monthly
  • Association Name: Charleston Management
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: Charleston Management
  • Association Amenities:Pool: Yes
  • Association Amenities:Trail(s): Yes
  • Association Fee Includes:Maintenance Grounds2: Yes
  • Association Fee Includes:Maintenance Structure2: Yes
  • Association Fee Includes:Trash2: Yes
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 225.0
  • General Property Information:Association Fee Frequency: Monthly

Schools

  • Ninth Grade High School: Durham - Hillside
  • Middle Or Junior School: Durham - Lowes Grove

Lot Info

  • Lot Dimensions: 18x73x18x73
  • Lot Size Sq Ft: 1393.92
  • ResoLotSizeUnits: Acres

Green Features

  • Green Indoor Air Qlty: Contaminant Control
  • Green Energy Efficient:Lighting2: Yes
  • Green Energy Efficient:Thermostat: Yes

MLS Schools

  • Elementary School: Durham - Bethesda

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 25, 2023
Closed on
Sep 3, 2024
Sold by
Lennar Carolinas Llc
Bought by
Mathi Prasanth
Seller's Agent
Matthew Lovelace
Lennar Carolinas LLC
Buyer's Agent
Amber O'Neal
Lennar Carolinas LLC
List Price
$366,435
Sold Price
$371,111
Premium/Discount to List
$4,676
1.28%
Views
5
Current Estimated Value
$401,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,889
Avg. Annual Appreciation
5.69%
Original Mortgage
$259,778
Outstanding Balance
$257,025
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$143,975
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Mathi Prasanth $371,500 Lennar Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mathi Prasanth $259,778
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/05/2024 09/05/24 Sold $371,111 +1.3% $214 / Sq Ft
12/16/2023 12/16/23 Off Market $366,435 -- --
11/05/2023 11/05/23 Pending -- -- --
10/31/2023 10/31/23 For Sale $366,435 -- $211 / 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 $3,928 $396,281 $75,000 $321,281
2024 $837 $180,690 $60,000 $120,690
2023 $786 $60,000 $60,000 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2024

    Matthew Lovelace

    Lennar Carolinas LLC

    Section Image

  • K

    Seller Co-Listing Agent in 2024

    Kathleen Stasser

    Lennar Carolinas LLC

    (919) 291-2554

    159 Total Sales

    Kathleen Stasser
    Section Image

  • A

    Buyer's Agent in 2024

    Amber O'Neal

    Lennar Carolinas LLC

    Section Image
See All Agents

Map

Source: Doorify MLS

MLS Number: 2538979

Doorify MLS

APN: 234023

North Carolina Durham County Morrisville 27560

1013 Tea Time Trail, Morrisville, NC

Not Listed for Sale

Townhouses

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