NOT LISTED FOR SALE

103 Novello Way Unit 535 Holly Springs, NC 27540

Estimated Value: $570,000

4 Beds
3 Baths
2,400 Sq Ft
$238/Sq Ft Est. Value

Last Sold March 11, 2024

Last sale price $557,000 $232 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $3,519/month

9 Days on Market

Highlights

  • Fitness Center
  • New Construction
  • Clubhouse
  • Buckhorn Creek Elementary Rated A
  • ENERGY STAR Certified Homes
  • Wood Flooring

About This Home

As of March 2024

End Unit 2 story Linden. This home is in progress -complete Sept/October. welcoming foyer, 1st floor guest suite, gourmet kitchen w/ gas cooktop, double ovens, center island & walk in pantry. Eat in breakfast nook with tons of light & great views of covered porch. Generous great room. 9 foot first and second floors. Owners suite w/ oversized closet, garden tub & walk in shower. Second floor features 3 bedrooms & 2 full baths! Low maintenance living in Honeycutt Farm.

Last Agent to Sell the Property

Adair Preston

Garman Homes LLC License #244923 Listed on: 12/09/2023

Co-Listed By

Sabrina Field

M/I Homes of Raleigh LLC License #191693

Last Buyer's Agent

Venkata Brundavanam

NARS REALTY LLC License #331538

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,490

Year Built

  • Built in 2023 | New Construction

Lot Details

  • 4,792 Sq Ft Lot
  • Water-Smart Landscaping

HOA Fees

  • $155 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Brick or Stone Mason
  • Slab Foundation
  • Frame Construction
  • Stone

Interior Spaces

  • 2,400 Sq Ft Home
  • 2-Story Property
  • Smooth Ceilings
  • High Ceiling
  • Insulated Windows
  • Blinds
  • Entrance Foyer
  • Family Room
  • Breakfast Room
  • Dining Room
  • Utility Room
  • Pull Down Stairs to Attic

Kitchen

  • Built-In Double Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • ENERGY STAR Qualified Appliances
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • In-Law or Guest Suite
  • 3 Full Bathrooms
  • Double Vanity
  • Low Flow Plumbing Fixtures
  • Private Water Closet
  • Soaking Tub
  • Walk-in Shower

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Eco-Friendly Details

  • Energy-Efficient Lighting
  • ENERGY STAR Certified Homes
  • Energy-Efficient Thermostat

Outdoor Features

  • Rain Gutters
  • Porch

Schools

  • Buckhorn Creek Elementary School
  • Holly Grove Middle School
  • Holly Springs High School

Utilities

  • Zoned Heating and Cooling
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • High Speed Internet

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number See plat

Community Details

Overview

  • Association fees include ground maintenance
  • Ppm Association, Phone Number (919) 848-4911
  • Built by M/I Homes
  • Honeycutt Farm Subdivision

Amenities

  • Clubhouse

Recreation

  • Community Playground
  • Fitness Center
  • Community Pool
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,490

Year Built

Built in 2023 | New Construction

Lot Details

0

HOA Fees

$155 per month

Parking

2

Listing Details

  • Builder Name: M/I Homes
  • Year Built: 2023
  • Prop. Type: Residential
  • Reso Association Fee Includes: Maintenance Grounds
  • Co List Office Phone: 919-828-1106
  • Subdivision Name: Honeycutt Farm
  • Above Grade Finished Sq Ft: 2400.0
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: Yes
  • Efficiency: Lighting, Thermostat
  • Effective Year Built: 2023
  • General Property Information Lot Size Dimensions: See Plat
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: No
  • Appliances Microwave: Yes
  • Wall Oven: Yes
  • Attic Features Pull-Down Stairs: Yes
  • Flooring Tile: Yes
  • Foundation Details Slab: Yes
  • Interior Features Water Closet: Yes
  • Sewer:Public Sewer: Yes
  • Structure Type Site Built: Yes
  • Water Source Public: Yes
  • Contract Information Estimated Completion Date: 2024-03-29
  • Cooling Zoned: Yes
  • Flooring Carpet: Yes
  • Interior Features Smooth Ceilings: Yes
  • Levels Two: Yes
  • Property Condition Framed: Yes
  • Room Types Bedroom 2 Level: Second
  • Room Types Bedroom 3 Level: Second
  • Room Types Bedroom 4 Level: Main
  • Room Types Dining Room2: Yes
  • Room Types Family Room2: Yes
  • Room Types Primary Bedroom Level: Second
  • Laundry Features Upper Level: Yes
  • Room Types Utility Room: Yes
  • Appliances Refrigerators: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Room Types Breakfast Room: Yes
  • Flooring Wood: Yes
  • Green Building Verification Type ENERGY STAR Certified Homes: Yes
  • General Property Information Association Phone: 919-848-4911
  • Flooring Laminate: Yes
  • Green Water Conservation Low-Flow Fixtures: Yes
  • General Property Information Enhanced Accessible2: No
  • Green Water Conservation Water-Smart Landscaping: Yes
  • General Property Information Monthly Association Fees2: 155.0
  • Room Types Entrance Hall: Yes
  • General Property Information Above Grade Finished Area: 2400.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 4791.6
  • General Property Information Lot Size Acres: 0.11
  • General Property Information Builder Name: M/I Homes
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Year Renovated: 2023

Interior Features

  • Flooring: Carpet, Combination, Laminate, Tile, Wood
  • Interior Amenities: Double Vanity, Entrance Foyer, Granite Counters, High Ceilings, High Speed Internet, In-Law Floorplan, Pantry, Smooth Ceilings, Soaking Tub, Walk-In Closet(s), Walk-In Shower, Water Closet
  • Appliances: Cooktop, Dishwasher, Double Oven, Dryer, ENERGY STAR Qualified Appliances, Gas Cooktop, Gas Water Heater, Microwave, Plumbed For Ice Maker, Range Hood, Refrigerator, Wall Oven, Washer
  • Basement YN: No
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Appliances Dishwasher: Yes
  • Appliances:Gas Cooktop: Yes
  • Appliances:Plumbed For Ice Maker: Yes
  • Appliances:Range Hood: Yes
  • Community Features:Playground2: Yes
  • Community Features:Pool2: Yes
  • Interior Features:Double Vanity: Yes
  • Interior Features:Entrance Foyer: Yes
  • Interior Features:Granite Counters: Yes
  • Interior Features:High Ceilings: Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Walk-In Shower: Yes
  • Appliances:Cooktop: Yes
  • Appliances:ENERGY STAR Qualified Appliances: Yes
  • Appliances:Gas Water Heater: Yes
  • Interior Features:Soaking Tub: Yes
  • Appliances:Double Oven: Yes
  • Interior Features:High Speed Internet: Yes
  • Interior Features:In-Law Floorplan: Yes
  • Community Features:Fitness Center2: Yes

Exterior Features

  • Exterior Features: Rain Gutters
  • Acres: 0.11
  • Home Warranty: Yes
  • Common Walls: 1 Common Wall
  • Construction Type: Fiber Cement, Stone
  • Foundation Details: Slab
  • Patio And Porch Features: Porch
  • Construction Materials:Fiber Cement: Yes
  • Exterior Features:Rain Gutters: Yes
  • Lot Features:Landscaped: Yes
  • Patio and Porch Features:Porch: Yes
  • Window Features:Blinds: Yes
  • Construction Materials:Stone: Yes
  • Window Features:Insulated Windows: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Open Parking: No
  • Parking Features: Garage, Garage Door Opener
  • Total Parking Spaces: 2.0
  • Parking Features:Garage: Yes
  • Parking Features:Garage Door Opener: Yes
  • General Property Information:Garage Spaces: 2.0
  • General Property Information:Attached Garage YN: Yes
  • General Property Information:Parking Total: 2.0
  • General Property Information:Open Parking YN2: No

Utilities

  • Heating: Natural Gas, Zoned
  • Cooling: Zoned
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Zoned2: Yes

Condo/Co-op/Association

  • Community Features: Fitness Center, Playground, Pool
  • Association Fee: 155.0
  • Association Fee Frequency: Monthly
  • Association Name: PPM
  • Phone: 919-848-4911
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: PPM
  • Association Amenities:Trail(s): Yes
  • Association Fee Includes:Maintenance Grounds2: Yes
  • Association Amenities:Clubhouse: Yes
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 155.0
  • General Property Information:Association Fee Frequency: Monthly

Schools

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

Lot Info

  • Lot Dimensions: See Plat
  • Lot Size Sq Ft: 4791.6
  • ResoLotSizeUnits: Acres
  • Parcel #: See plat

Green Features

  • Green Water Conservation: Low-Flow Fixtures, Water-Smart Landscaping
  • Green Energy Efficient:Lighting2: Yes
  • Green Energy Efficient:Thermostat: Yes

Tax Info

  • Tax Year: 2024

MLS Schools

  • Elementary School: Wake - Buckhorn Creek

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 9, 2023
Closed on
Mar 11, 2024
Sold by
M/I Homes Of Raleigh Llc
Bought by
Dasari Kartik and Tatikonda Sindhu Bharathi
Seller's Agent
Adair Preston
Garman Homes LLC
Buyer's Agent
Venkata Brundavanam
NARS REALTY LLC
List Price
$562,000
Sold Price
$557,000
Premium/Discount to List
-$5,000
-0.89%
Views
11
Current Estimated Value
$570,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,000
Avg. Annual Appreciation
1.43%
Original Mortgage
$507,000
Outstanding Balance
$498,662
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
$71,338
Source: Public Records

Range of Values:

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List Price
Sold Price
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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
Dasari Kartik $557,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dasari Kartik $507,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/11/2024 03/11/24 Sold $557,000 -0.9% $232 / Sq Ft
12/19/2023 12/19/23 Pending -- -- --
12/09/2023 12/09/23 For Sale $562,000 -- $234 / 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 $4,490 $519,381 $80,000 $439,381
2024 $1,695 $197,800 $80,000 $117,800
2023 $155 $60,000 $60,000 $0
2022 $0 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2024

    Adair Preston

    Garman Homes LLC

    (919) 656-1609

    89 in this area

    96 Total Sales

    Adair Preston
    Section Image
  • Sabrina Field

    Seller Co-Listing Agent in 2024

    Sabrina Field

    M/I Homes of Raleigh LLC

    (919) 669-3321

    346 in this area

    472 Total Sales

    Sabrina Field
    Section Image

  • V

    Buyer's Agent in 2024

    Venkata Brundavanam

    NARS REALTY LLC

    (248) 227-9434

    1 in this area

    8 Total Sales

    Venkata Brundavanam
    Section Image
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Map

Source: Doorify MLS

MLS Number: 10001680

Doorify MLS

APN: 0647.02-68-4507-000

North Carolina Wake County Holly Springs 27540

103 Novello Way Unit 535, Holly Springs, NC

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