NOT LISTED FOR SALE

112 Palermo Ct Apex, NC 27539

Estimated Value: $1,037,000 - $1,191,000

5 Beds
4 Baths
3,911 Sq Ft
$288/Sq Ft Est. Value

Last Sold December 07, 2023

Last sale price $1,050,000 $268 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $6,772/month

479 Days on Market

Highlights

  • Home Theater
  • New Construction
  • Wood Flooring
  • Middle Creek Elementary School Rated A-
  • 0.75 Acre Lot
  • Modernist Architecture

About This Home

As of December 2023

Introducing a magnificent new construction home nestled in the heart of the beautiful Tuscany subdivision. This exquisite residence offers the perfect blend of modern luxury and timeless elegance, featuring 5 spacious bedrooms, 4 full baths, and a sprawling 3,911 square feet of living space. The open floor plan seamlessly connects the various living areas, creating a flow that is ideal for both entertaining and everyday living. The gourmet kitchen is a chef's dream, boasting stainless steel appliances, custom cabinetry. Dining area provides a picturesque setting for enjoying meals with loved ones, enhanced by large windows that bathe the space in natural light. The primary suite is a sanctuary of tranquility, offering a spacious retreat for relaxation. Pamper yourself in the spa-like primary bathroom, complete with a soaking tub, walk-in shower, and dual vanities. Each of the addtnl bedrooms is generously sized and appointed with plush carpet and ample storage, ensuring comfort for friends and family. This residence also offers a versatile study or home office & dedicated laundry room for added convenience.

Last Agent to Sell the Property

Sonia Daswani

Savi Real Estate Group, LLC License #291614 Listed on: 06/25/2022

Last Buyer's Agent

Matt Marino

Redfin Corporation License #319625

Redfin Corporation

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,800

Year Built

  • Built in 2022 | New Construction

Lot Details

  • 0.75 Acre Lot
  • Lot Dimensions are 272'x60'x288'x172'
  • Cul-De-Sac
  • Landscaped

HOA Fees

  • $42 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Private Driveway

Home Design

  • Modernist Architecture
  • Frame Construction
  • Masonite

Interior Spaces

  • 3,911 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Mud Room
  • Entrance Foyer
  • Family Room with Fireplace
  • Home Theater
  • Home Office
  • Bonus Room
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Quartz Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • 4 Full Bathrooms
  • Private Water Closet
  • Bathtub with Shower
  • Shower Only

Laundry

  • Laundry Room
  • Laundry on upper level

Outdoor Features

  • Covered Patio or Porch

Schools

  • Middle Creek Elementary School
  • Dillard Middle School
  • Holly Springs High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Heat Pump System
  • Tankless Water Heater
  • Gas Water Heater

Community Details

  • Tuscany Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,800

Year Built

Built in 2022 | New Construction

Lot Details

0

HOA Fees

$42 per month

Parking

2

Listing Details

  • Year Built: 2022
  • Prop. Type: Residential
  • Subdivision Name: Tuscany
  • Above Grade Finished Sq Ft: 3911.0
  • Architectural Style: Modern
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: Yes
  • Contract Information Ownership Type: Other
  • General Property Information Lot Size Dimensions: 272'x60'x288'x172'
  • 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
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Interior Features BathtubShower Combination: Yes
  • Interior Features Water Closet: Yes
  • Laundry Features Laundry Room: 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: 2022-11-01
  • Flooring Carpet: Yes
  • Flooring Hardwood: Yes
  • Levels Two: Yes
  • Property Condition Framed: Yes
  • Room Types Bonus Room: Yes
  • Room Types Family Room2: Yes
  • Room Types Office: Yes
  • Laundry Features Upper Level: Yes
  • Appliances Refrigerators: Yes
  • Interior Features Bathtub Only: Yes
  • Interior Features Shower Only: Yes
  • Architectural Style Modernist: Yes
  • Room Types Mud Room: Yes
  • Room Types Media Room: Yes
  • General Property Information Above Grade Finished Area: 3911.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 32670.0
  • General Property Information Lot Size Acres: 0.75
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Hardwood, Tile
  • Interior Amenities: Bathtub Only, Bathtub/Shower Combination, Ceiling Fan(s), Eat-in Kitchen, Entrance Foyer, High Ceilings, Pantry, Quartz Counters, Shower Only, Walk-In Closet(s), Water Closet
  • Basement: Crawl Space
  • Appliances: Dishwasher, Gas Cooktop, Gas Water Heater, Microwave, Refrigerator, Tankless Water Heater
  • Basement YN: No
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Fireplace Features: Family Room, Gas, Sealed Combustion
  • Fireplaces: 1
  • Total Bedrooms: 10
  • Appliances Dishwasher: Yes
  • Appliances:Gas Cooktop: Yes
  • Appliances:Tankless Water Heater: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Interior Features:Entrance Foyer: Yes
  • Interior Features:High Ceilings: Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Basement:Crawl Space: Yes
  • Community Features:Street Lights: Yes
  • Fireplace Features:Family Room: Yes
  • Fireplace Features:Sealed Combustion: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Interior Features:Quartz Counters: Yes
  • Appliances:Gas Water Heater: Yes
  • Fireplace Features:Gas4: Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Acres: 0.75
  • Construction Type: Masonite
  • Patio And Porch Features: Covered, Porch
  • Lot Features:Landscaped: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Covered2: Yes
  • Lot Features:Cul-De-Sac: Yes
  • Construction Materials:Masonite: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Concrete, Driveway, Garage
  • Parking Features:Garage: Yes
  • Parking Features:Concrete4: Yes
  • Parking Features:Driveway: Yes
  • General Property Information:Garage Spaces: 2.0

Utilities

  • Heating: Heat Pump, Natural Gas
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Community Features: Street Lights
  • Association Fee: 125.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 125.0
  • General Property Information:Association Fee Frequency: Quarterly

Schools

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

Lot Info

  • Lot Dimensions: 272'x60'x288'x172'
  • Lot Size Sq Ft: 32670.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4800.0

MLS Schools

  • Elementary School: Wake - Middle Creek

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 25, 2022
Closed on
Nov 29, 2023
Sold by
Shail Investors & Developers Llc
Bought by
Klontzans Apostolos and Casasola Tamara
Seller's Agent
Sonia Daswani
Savi Real Estate Group, LLC
Buyer's Agent
Matt Marino
Redfin Corporation
List Price
$1,190,000
Sold Price
$1,050,000
Premium/Discount to List
-$140,000
-11.76%
Views
406
Current Estimated Value
$1,125,698

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$75,698
Avg. Annual Appreciation
3.83%
Original Mortgage
$892,500
Outstanding Balance
$869,016
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$256,682

Purchase Details

Closed on
Mar 25, 2021
Sold by
Shail Building Corporation
Bought by
Shail Investors And Developers Llc

Purchase Details

Closed on
Mar 15, 2018
Sold by
Shail Homes Iinc
Bought by
Shail Building Corporation

Purchase Details

Closed on
Jan 17, 2008
Sold by
Sunset Lake Partners Llc
Bought by
Shail Homes Inc
Source: Public Records

Range of Values:

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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
Klontzans Apostolos $1,050,000 None Listed On Document
Shail Investors And Developers Llc $200,500 None Available
Shail Building Corporation -- None Available
Shail Homes Inc $304,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Klontzans Apostolos $892,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/07/2023 12/07/23 Sold $1,050,000 -8.7% $268 / Sq Ft
10/17/2023 10/17/23 Pending -- -- --
07/10/2023 07/10/23 Price Changed $1,150,000 -3.4% $294 / Sq Ft
06/25/2022 06/25/22 For Sale $1,190,000 -- $304 / 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 $9,143 $1,060,108 $156,000 $904,108
2024 $9,105 $1,060,108 $156,000 $904,108
2023 $6,166 $569,820 $84,500 $485,320
2022 $2,332 $224,000 $84,500 $139,500
2021 $863 $84,500 $84,500 $0
2020 $863 $84,500 $84,500 $0
2019 $1,148 $95,400 $95,400 $0
2018 $1,037 $95,400 $95,400 $0
2017 $999 $95,400 $95,400 $0
2016 $985 $95,400 $95,400 $0
2015 $1,112 $106,000 $106,000 $0
2014 $1,074 $106,000 $106,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2458492

Doorify MLS

APN: 0750.04-81-6163-000