NOT LISTED FOR SALE

110 Faxton Way Unit 578 Holly Springs, NC 27540

Estimated Value: $581,000

3 Beds
2.5 Baths
2,385 Sq Ft
$244/Sq Ft Est. Value

Last Sold February 12, 2024

Last sale price $542,000 $227 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $3,591/month

183 Days on Market

Highlights

  • Fitness Center
  • New Construction
  • Clubhouse
  • Buckhorn Creek Elementary Rated A
  • ENERGY STAR Certified Homes
  • Wooded Lot

About This Home

As of February 2024

Sycamore II ready Sept! 3 bed, 2.5 bath, formal dining, tons of gorgeous cabinets! Gas fireplace, spacious great room, gourmet kitchen w/ quartz countertops, media room and more. All designed by our award winning design gallery. No maintenance living in Honeycutt Farm. Hard to live in Holly Springs under $550k! Washer/Dryer/Fridge and Blinds included.

Last Agent to Sell the Property

Sabrina Field

M/I Homes of Raleigh LLC License #191693 Listed on: 06/22/2023

Co-Listed By

Adair Preston

Garman Homes LLC License #244923

Last Buyer's Agent

Kalyan Boppudi

NEWS REALTY LLC License #322207

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,712

Year Built

  • Built in 2023 | New Construction

Lot Details

  • 3,920 Sq Ft Lot
  • 1 Common Wall
  • Wooded Lot

HOA Fees

  • $157 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

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

Interior Spaces

  • 2,385 Sq Ft Home
  • 2-Story Property
  • Smooth Ceilings
  • High Ceiling
  • Gas Log Fireplace
  • Insulated Windows
  • Blinds
  • Mud Room
  • Entrance Foyer
  • Great Room with Fireplace
  • Family Room
  • Breakfast Room
  • Dining Room
  • Bonus 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
  • Quartz Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Double Vanity
  • Low Flow Plumbing Fixtures
  • Private Water Closet
  • Soaking Tub
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on main level
  • Laundry Located Outside
  • Dryer
  • Washer

Eco-Friendly Details

  • Energy-Efficient Lighting
  • ENERGY STAR Certified Homes
  • Energy-Efficient Thermostat
  • Water-Smart Landscaping

Outdoor Features

  • Enclosed Patio or Porch
  • Rain Gutters

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

Community Details

Overview

  • Association fees include ground maintenance
  • Built by M/I Homes
  • Honeycutt Farm Subdivision

Amenities

  • Clubhouse

Recreation

  • Community Playground
  • Fitness Center
  • Community Pool
  • Trails

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,712

Year Built

Built in 2023 | New Construction

Lot Details

0

HOA Fees

$157 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: 2385.0
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: Yes
  • Efficiency: Lighting, Thermostat
  • Contract Information Ownership Type: Other
  • General Property Information Lot Size Dimensions: See Plat
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Association Fee 2 Required YN: No
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: Yes
  • Appliances Microwave: Yes
  • Wall Oven: Yes
  • Attic Features Pull-Down Stairs: Yes
  • Flooring Tile: Yes
  • Foundation Details Slab: Yes
  • Interior Features Water Closet: Yes
  • Laundry Features Laundry Room: Yes
  • Laundry Features Main Level: Yes
  • Sewer:Public Sewer: Yes
  • Structure Type Site Built: Yes
  • Water Source Public: Yes
  • Contract Information Estimated Completion Date: 2023-08-01
  • Cooling Zoned: Yes
  • Flooring Carpet: Yes
  • Interior Features Smooth Ceilings: Yes
  • Levels Two: Yes
  • Property Condition Framed: Yes
  • Room Types Bedroom 2 Level: 2
  • Room Types Bedroom 3 Level: 2
  • Room Types Bonus Room: Yes
  • Room Types Dining Room2: Yes
  • Room Types Family Room2: Yes
  • Room Types Primary Bedroom Level: 2
  • Room Types Utility Room: Yes
  • Appliances Refrigerators: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Room Types Breakfast Room: Yes
  • Flooring Wood: Yes
  • Pool Features Swimming Pool ComFee: Yes
  • Green Building Verification Type ENERGY STAR Certified Homes: Yes
  • Green Water Conservation Low-Flow Fixtures: Yes
  • Room Types Mud Room: Yes
  • Green Water Conservation Water-Smart Landscaping: Yes
  • General Property Information Above Grade Finished Area: 2385.0
  • General Property Information Carport YN: No
  • Laundry Features Outside2: Yes
  • General Property Information Lot Size Square Feet2: 3920.4
  • General Property Information Lot Size Acres: 0.09
  • General Property Information Builder Name: M/I Homes
  • Special Features: NewHome
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Combination, Tile, Wood
  • Interior Amenities: Double Vanity, Entrance Foyer, Granite Counters, High Ceilings, High Speed Internet, Quartz Counters, 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: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log, Great Room, Sealed Combustion
  • Fireplaces: 1
  • Appliances Dishwasher: Yes
  • Appliances:Gas Cooktop: Yes
  • Appliances:Plumbed For Ice Maker: Yes
  • Appliances:Range Hood: Yes
  • Community Features:Playground2: Yes
  • Interior Features:Double Vanity: 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
  • Appliances:Cooktop: Yes
  • Fireplace Features:Sealed Combustion: Yes
  • Interior Features:Quartz Counters: Yes
  • Appliances:ENERGY STAR Qualified Appliances: Yes
  • Fireplace Features:Gas Log: Yes
  • Appliances:Gas Water Heater: Yes
  • Interior Features:Soaking Tub: Yes
  • Appliances:Double Oven: Yes
  • Interior Features:High Speed Internet: Yes
  • Fireplace Features:Great Room: Yes
  • Community Features:Fitness Center2: Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Exterior Features: Rain Gutters
  • Acres: 0.09
  • Home Warranty: Yes
  • Common Walls: 1 Common Wall
  • Construction Type: Fiber Cement, Shake Siding, Stone
  • Foundation Details: Slab
  • Patio And Porch Features: Covered, Enclosed, Porch
  • Construction Materials:Fiber Cement: Yes
  • Exterior Features:Rain Gutters: Yes
  • Patio and Porch Features:Porch: Yes
  • Window Features:Blinds: Yes
  • Lot Features:Wooded: Yes
  • Patio And Porch Features:Covered2: Yes
  • Construction Materials:Stone: Yes
  • Window Features:Insulated Windows: Yes
  • Patio And Porch Features:Enclosed2: Yes
  • Construction Materials:Shake Siding: Yes

Garage/Parking

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

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
  • Association Fee: 157.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • Association Amenities:Pool: Yes
  • 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: 157.0
  • 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: 3920.4
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Green Features

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

MLS Schools

  • Elementary School: Wake - Buckhorn Creek

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 22, 2023
Closed on
Feb 12, 2024
Sold by
M/I Homes Of Raleigh Llc
Bought by
Ramana Vorugonda Venkata and Mekala Chellappa Mekala
Seller's Agent
Sabrina Field
M/I Homes of Raleigh LLC
Buyer's Agent
Kalyan Boppudi
NEWS REALTY LLC
List Price
$547,000
Sold Price
$542,000
Premium/Discount to List
-$5,000
-0.91%
Views
91
Current Estimated Value
$581,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,000
Avg. Annual Appreciation
4.15%
Original Mortgage
$496,336
Outstanding Balance
$487,565
Interest Rate
6.61%
Mortgage Type
FHA
Estimated Equity
$93,435
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
Ramana Vorugonda Venkata $542,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ramana Vorugonda Venkata $496,336
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/12/2024 02/12/24 Sold $542,000 -0.9% $227 / Sq Ft
12/22/2023 12/22/23 Pending -- -- --
12/14/2023 12/14/23 Off Market $547,000 -- --
06/22/2023 06/22/23 For Sale $547,000 -- $229 / 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 $4,712 $545,224 $80,000 $465,224
2024 $4,674 $543,097 $80,000 $463,097
2023 $155 $60,000 $60,000 $0
2022 $0 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Sabrina Field

    Seller's 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

  • A

    Seller Co-Listing Agent in 2024

    Adair Preston

    Garman Homes LLC

    (919) 656-1609

    89 in this area

    96 Total Sales

    Adair Preston
    Section Image
  • Kalyan Boppudi

    Buyer's Agent in 2024

    Kalyan Boppudi

    NEWS REALTY LLC

    (919) 480-2021

    17 in this area

    205 Total Sales

    Kalyan Boppudi
    Section Image

  • N

    Buyer's Agent in 2024

    NEWS REALTY LLC Boppudi

    NGRE

See All Agents

Map

Source: Doorify MLS

MLS Number: 2517819

Doorify MLS

APN: 0647.02-68-4914-000

North Carolina Wake County Holly Springs 27540

110 Faxton Way Unit 578, Holly Springs, NC

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