NOT LISTED FOR SALE

1046 Leatherstone Ln Fuquay Varina, NC 27526

Estimated Value: $525,000

4 Beds
3 Baths
2,702 Sq Ft
$194/Sq Ft Est. Value

Last Sold March 24, 2023

Last sale price $539,700 $200 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $3,323/month

141 Days on Market

Highlights

  • New Construction
  • Clubhouse
  • Recreation Room
  • 0.63 Acre Lot
  • Deck
  • Georgian Architecture

About This Home

As of March 2023

FIRST FLOOR GUEST SUITE! This painted brick home sitting on .6 acres, covered rear patio overlooking the private tree lined lot this home is a stunner the moment you arrive. The trim detail is exquisite and one you won't find in any other new construction. Upon entering, you will find an exclusive smart door delivery center for safe and secure package delivery and an open foyer that is a welcoming hall that leads right to the main living area. The family room features a fireplace with custom built-ins. The kitchen has an oversized island w/ three-sided wrap around seating and quartz tops, gourmet kitchen with secondary messy kitchen, a large cafe overlooking the patio, and pocket office. The first floor also has a bedroom and full bath just off the foyer, storage under the stairs, and a drop zone near the garage door. A massive game room greets you upstairs. The owner’s suite has a walk-in closet, a larger shower with tile bench and floors, Secondary bedrooms are huge with walk-in closets and a hall bath. This home is equipped with all of todays latest smart home technology designed for the way you live.

Last Agent to Sell the Property

Brian Raimundo

New Home Inc LLC License #306918 Listed on: 10/03/2022

Co-Listed By

Matthew Riley

New Home Inc LLC License #276961

Last Buyer's Agent

Lili Ball

Allen Tate/Raleigh-Glenwood License #259545

Allen Tate/Raleigh-Glenwood

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,054

Year Built

  • Built in 2022 | New Construction

Lot Details

  • 0.63 Acre Lot
  • Lot Dimensions are 94x300
  • West Facing Home
  • Corner Lot

HOA Fees

  • $63 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Electric Vehicle Home Charger
  • Garage Door Opener

Home Design

  • Georgian Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Frame Construction
  • Vinyl Siding
  • Low Volatile Organic Compounds (VOC) Products or Finishes
  • Radiant Barrier

Interior Spaces

  • 2,702 Sq Ft Home
  • 2-Story Property
  • Smooth Ceilings
  • High Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Mud Room
  • Entrance Foyer
  • Family Room with Fireplace
  • Home Office
  • Recreation Room
  • Loft
  • Utility Room
  • Laundry on upper level
  • Pull Down Stairs to Attic

Kitchen

  • Eat-In Kitchen
  • Butlers Pantry
  • Self-Cleaning Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • ENERGY STAR Qualified Appliances
  • Granite Countertops
  • Quartz Countertops
  • Tile Countertops

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • In-Law or Guest Suite
  • 3 Full Bathrooms
  • Double Vanity
  • Low Flow Plumbing Fixtures
  • Private Water Closet
  • Bathtub
  • Shower Only in Primary Bathroom
  • Walk-in Shower

Home Security

  • Smart Lights or Controls
  • Smart Home
  • Fire and Smoke Detector

Eco-Friendly Details

  • Energy-Efficient Lighting
  • Energy-Efficient Thermostat
  • No or Low VOC Paint or Finish
  • Ventilation
  • Watersense Fixture

Outdoor Features

  • Deck
  • Enclosed Patio or Porch

Schools

  • Wake County Schools Elementary And Middle School
  • Wake County Schools High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • 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

  • Elite Management Association
  • Built by New Home Inc
  • Oaks At Kenneth Creek Subdivision, The Selma Floorplan

Amenities

  • Clubhouse

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,054

Year Built

Built in 2022 | New Construction

Lot Details

0

HOA Fees

$63 per month

Parking

2

Listing Details

  • Builder Name: New Home Inc
  • Builder Model: The Selma
  • Year Built: 2022
  • Prop. Type: Residential
  • Co List Office Mls Id: 81289
  • Co List Office Phone: 919-239-4747
  • Subdivision Name: Oaks at Kenneth Creek
  • Above Grade Finished Sq Ft: 2702.0
  • Architectural Style: Georgian
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: Yes
  • Efficiency: Lighting, Thermostat
  • Contract Information Ownership Type: Other
  • General Property Information Lot Size Dimensions: 94x300
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: Yes
  • Appliances Microwave: Yes
  • Attic Features Pull-Down Stairs: Yes
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Foundation Details Slab: Yes
  • Interior Features Water Closet: 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: 2023-02-01
  • Construction Materials Radiant Barrier: Yes
  • Cooling Zoned: Yes
  • Flooring Carpet: Yes
  • Flooring Ceramic Tile: Yes
  • Interior Features Separate Shower: Yes
  • Interior Features Smooth Ceilings: Yes
  • Levels Two: Yes
  • Property Condition Framed: Yes
  • Room Types Den2: Yes
  • Room Types Family Room2: Yes
  • Room Types Office: Yes
  • Laundry Features Upper Level: Yes
  • Room Types Loft: Yes
  • Room Types Utility Room: Yes
  • Interior Features Bathtub Only: Yes
  • Interior Features Shower Only: Yes
  • Utilities Cable Available: Yes
  • Construction Materials Low VOC PaintSealantVarnish: Yes
  • Green Building Verification Type WaterSense: Yes
  • Flooring Laminate: Yes
  • Green Indoor Air Quality Ventilation: Yes
  • Green Water Conservation Low-Flow Fixtures: Yes
  • Room Types Recreation Room3: Yes
  • Room Types Mud Room: Yes
  • Heating None12: Yes
  • General Property Information Above Grade Finished Area: 2702.0
  • General Property Information Carport YN: No
  • Architectural Style Georgian: Yes
  • General Property Information Lot Size Square Feet2: 27225.0
  • General Property Information Lot Size Acres: 0.625
  • General Property Information Builder Name: New Home Inc
  • General Property Information Direction Faces: West
  • General Property Information Builder Model: The Selma
  • Special Features: 4098
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Ceramic Tile, Laminate, Tile
  • Interior Amenities: Bathtub Only, Butler's Pantry, Ceiling Fan(s), Double Vanity, Eat-in Kitchen, Entrance Foyer, Granite Counters, High Ceilings, High Speed Internet, In-Law Floorplan, Pantry, Quartz Counters, Separate Shower, Shower Only, Smart Home, Smart Light(s), Smooth Ceilings, Tile Counters, Walk-In Closet(s), Walk-In Shower, Water Closet
  • Appliances: Dishwasher, Electric Water Heater, ENERGY STAR Qualified Appliances, Gas Cooktop, Gas Range, Microwave, Plumbed For Ice Maker, Range Hood, Self Cleaning Oven
  • Basement YN: No
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Family Room, Gas, Gas Log, Sealed Combustion
  • Fireplaces: 1
  • Total Bedrooms: 14
  • Appliances Dishwasher: Yes
  • Appliances:Gas Cooktop: Yes
  • Appliances:Plumbed For Ice Maker: Yes
  • Appliances:Range Hood: Yes
  • Interior Features:Ceiling Fan(s)2: 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
  • Fireplace Features:Family Room: Yes
  • Fireplace Features:Sealed Combustion: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Interior Features:Quartz Counters: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:ENERGY STAR Qualified Appliances: Yes
  • Fireplace Features:Gas Log: Yes
  • Appliances:Self Cleaning Oven: Yes
  • Fireplace Features:Gas4: Yes
  • Interior Features:Tile Counters: Yes
  • Appliances:Gas Range: Yes
  • Interior Features:High Speed Internet: Yes
  • Interior Features:In-Law Floorplan: Yes
  • Interior Features:Butler_squote_s Pantry: Yes
  • Interior Features:Smart Light(s)2: Yes
  • Fireplace Features:Fireplaces Total: 1
  • Interior Features:Smart Home: Yes

Exterior Features

  • Acres: 0.63
  • Home Warranty: Yes
  • Construction Type: Brick, Low VOC Paint/Sealant/Varnish, Radiant Barrier, Vinyl Siding
  • Direction Faces: West
  • Foundation Details: Slab
  • Patio And Porch Features: Covered, Deck, Enclosed, Patio, Porch
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Covered2: Yes
  • Construction Materials:Vinyl Siding: Yes
  • Patio And Porch Features:Patio: Yes
  • Patio And Porch Features:Deck2: Yes
  • Lot Features:Corner Lot: Yes
  • Construction Materials:Brick: Yes
  • Patio And Porch Features:Enclosed2: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Electric Vehicle Charging Station(s), Garage, Garage Door Opener
  • Parking Features:Garage: Yes
  • Parking Features:Garage Door Opener: Yes
  • General Property Information:Garage Spaces: 2.0
  • Parking Features:Electric Vehicle Charging Station(s): Yes

Utilities

  • Utilities: Cable Available
  • Heating: Forced Air, Heat Pump, Zoned, None
  • Cooling: Central Air, Heat Pump, Zoned
  • Cooling Y N: Yes
  • HeatingYN: No
  • Water Source: Public
  • Heating:Forced Air: Yes
  • Heating:Heat Pump2: Yes
  • Heating:Zoned2: Yes
  • HeatingCooling:Heat Pump: Yes

Condo/Co-op/Association

  • Association Fee: 63.0
  • Association Fee Frequency: Monthly
  • Association Name: Elite Management
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: Elite Management
  • Association Amenities:Pool: Yes
  • Association Amenities:Clubhouse: Yes
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 63.0
  • General Property Information:Association Fee Frequency: Monthly

Schools

  • Ninth Grade High School: Wake County Schools
  • Middle Or Junior School: Wake County Schools

Lot Info

  • Lot Dimensions: 94x300
  • Lot Size Sq Ft: 27225.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Green Features

  • Green Indoor Air Qlty: Ventilation
  • Green Water Conservation: Low-Flow Fixtures
  • Green Energy Efficient:Lighting2: Yes
  • Green Energy Efficient:Thermostat: Yes

MLS Schools

  • Elementary School: Wake County Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 3, 2022
Closed on
Mar 20, 2023
Sold by
New Home Inc Llc
Bought by
Lapp Dustin Charles and Lapp Jennifer Nicole
Seller's Agent
Brian Raimundo
New Home Inc LLC
Buyer's Agent
Lili Ball
Allen Tate/Raleigh-Glenwood
List Price
$599,700
Sold Price
$539,700
Premium/Discount to List
-$60,000
-10.01%
Views
90
Current Estimated Value
$525,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$14,700
Avg. Annual Appreciation
3.96%
Original Mortgage
$512,715
Outstanding Balance
$497,168
Interest Rate
6.12%
Mortgage Type
New Conventional
Estimated Equity
$96,832
Source: Public Records

Range of Values:

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Average Value
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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
Lapp Dustin Charles $540,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lapp Dustin Charles $512,715
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2023 12/15/23 Off Market $539,700 -- --
03/24/2023 03/24/23 Sold $539,700 -1.8% $200 / Sq Ft
02/21/2023 02/21/23 Pending -- -- --
02/19/2023 02/19/23 Price Changed $549,700 -4.4% $203 / Sq Ft
02/05/2023 02/05/23 Price Changed $574,700 -2.5% $213 / Sq Ft
02/01/2023 02/01/23 Price Changed $589,700 0.0% $218 / Sq Ft
12/31/2022 12/31/22 Price Changed $589,500 -1.7% $218 / Sq Ft
12/18/2022 12/18/22 Price Changed $599,500 0.0% $222 / Sq Ft
10/03/2022 10/03/22 For Sale $599,700 -- $222 / 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 $5,054 $575,290 $110,000 $465,290
2024 $5,034 $575,290 $110,000 $465,290
2023 $3,865 $377,288 $80,000 $297,288
2022 $836 $80,000 $80,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2477291

Doorify MLS

APN: 0656.03-41-4501-000