NOT LISTED FOR SALE

113 Novello Way Unit 531 Holly Springs, NC 27540

Estimated Value: $576,000

4 Beds
3 Baths
2,565 Sq Ft
$225/Sq Ft Est. Value

Last Sold February 28, 2024

Last sale price $559,000 $218 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $3,553/month

3 Days on Market

Highlights

  • Fitness Center
  • New Construction
  • Clubhouse
  • Buckhorn Creek Elementary Rated A
  • ENERGY STAR Certified Homes
  • Recreation Room

About This Home

As of February 2024

Hawthorne - 2 story. Ready in March 2024. Honeycutt Farm's most popular Carriage Home. Low maintenance living in a fabulous community. Tons of natural light. Huge foyer, guest suite on 1st floor, gourmet kitchen w/ gas cooktop, double ovens, large island, walk in pantry, mud bench and cubbies. Gas fireplace is spacious living room, opens to huge breakfast area and covered porch. 2nd floor features bonus room, laundry, 2 other beds & full bath and ideal owners suite. Come see for yourself before Honeycutt Farm is sold out!

Last Agent to Sell the Property

Adair Preston

Garman Homes LLC License #244923 Listed on: 12/07/2023

Co-Listed By

Sabrina Field

M/I Homes of Raleigh LLC License #191693

Last Buyer's Agent

Ravi Bheemarao

RB Real Estate Agency License #225340

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $647

Year Built

  • Built in 2023 | New Construction

Lot Details

  • 4,356 Sq Ft Lot

HOA Fees

  • $155 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Frame Construction
  • Low Volatile Organic Compounds (VOC) Products or Finishes

Interior Spaces

  • 2,565 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
  • Recreation Room
  • Bonus Room
  • Utility Room
  • Pull Down Stairs to Attic

Kitchen

  • Eat-In Kitchen
  • Built-In Double Convection 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

  • 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
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on upper level
  • Washer

Eco-Friendly Details

  • Energy-Efficient Lighting
  • ENERGY STAR Certified Homes
  • Energy-Efficient Thermostat
  • No or Low VOC Paint or Finish
  • Ventilation
  • Water-Smart Landscaping

Outdoor Features

  • Covered Patio or Porch
  • Playground
  • 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

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

$647

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
  • Horses: No
  • Reso Association Fee Includes: Maintenance Grounds
  • Co List Office Phone: 919-828-1106
  • Subdivision Name: Honeycutt Farm
  • Above Grade Finished Sq Ft: 2565.0
  • 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: Yes
  • Appliances Microwave: Yes
  • Wall Oven: Yes
  • Attic Features Pull-Down Stairs: Yes
  • Flooring Tile: Yes
  • Foundation Details Slab: Yes
  • Interior Features BathtubShower Combination: Yes
  • Interior Features Water Closet: Yes
  • Laundry Features Laundry Room: Yes
  • Sewer:Public Sewer: Yes
  • Structure Type Site Built: Yes
  • Water Source Public: Yes
  • Contract Information Estimated Completion Date: 2023-03-31
  • 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 Bonus Room: 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
  • Washers: Yes
  • Room Types Breakfast Room: Yes
  • Flooring Wood: Yes
  • Pool Features Swimming Pool ComFee: Yes
  • Construction Materials Low VOC PaintSealantVarnish: Yes
  • Green Building Verification Type ENERGY STAR Certified Homes: Yes
  • General Property Information Association Phone: 9198484911
  • General Property Information Senior Community YN: No
  • Green Indoor Air Quality Ventilation: Yes
  • In-Law Suite Details Main Foor: Yes
  • Green Water Conservation Low-Flow Fixtures: Yes
  • Room Types Recreation Room3: Yes
  • General Property Information Enhanced Accessible2: No
  • Room Types Mud Room: Yes
  • General Property Information Horse YN2: No
  • Green Water Conservation Water-Smart Landscaping: Yes
  • General Property Information Monthly Association Fees2: 155.0
  • Room Types Entrance Hall: Yes
  • General Property Information Spa YN: No
  • General Property Information Above Grade Finished Area: 2565.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 4356.0
  • General Property Information Lot Size Acres: 0.1
  • General Property Information Builder Name: M/I Homes
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Year Renovated: 2023

Interior Features

  • Flooring: Carpet, Combination, Tile, Wood
  • Interior Amenities: Bathtub/Shower Combination, Double Vanity, Eat-in Kitchen, Entrance Foyer, Granite Counters, High Ceilings, Pantry, Quartz Counters, Smooth Ceilings, Walk-In Closet(s), Walk-In Shower, Water Closet
  • Private Spa: No
  • Appliances: Convection Oven, Dishwasher, Double Oven, 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
  • Fireplace Features: Gas, Gas Log, Great Room
  • 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:Pantry: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Walk-In Shower: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Interior Features:Quartz Counters: Yes
  • Appliances:ENERGY STAR Qualified Appliances: Yes
  • Fireplace Features:Gas Log: Yes
  • Appliances:Gas Water Heater: Yes
  • Fireplace Features:Gas4: Yes
  • Appliances:Double Oven: Yes
  • Fireplace Features:Great Room: Yes
  • Community Features:Fitness Center2: Yes
  • Appliances:Convection Oven: Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Exterior Features: Playground, Rain Gutters
  • Acres: 0.1
  • Home Warranty: Yes
  • Common Walls: 1 Common Wall
  • Construction Type: Brick, Fiber Cement, Low VOC Paint/Sealant/Varnish
  • Foundation Details: Slab
  • Patio And Porch Features: Covered, Porch
  • Construction Materials:Fiber Cement: Yes
  • Exterior Features:Rain Gutters: Yes
  • Patio and Porch Features:Porch: Yes
  • Window Features:Blinds: Yes
  • Patio And Porch Features:Covered2: Yes
  • Window Features:Insulated Windows: Yes
  • Construction Materials:Brick: Yes
  • Exterior Features:Playground3: 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
  • Senior Community: No
  • 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: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: 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: 4356.0
  • ResoLotSizeUnits: Acres
  • Parcel #: see plat

Green Features

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

Tax Info

  • Tax Annual Amount: 647.16
  • Tax Year: 2024
  • Tax Map Number: 531

MLS Schools

  • Elementary School: Wake - Buckhorn Creek

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 7, 2023
Closed on
Feb 28, 2024
Sold by
M/I Homes Of Raleigh Llc
Bought by
Shimoga Hemachandra Prathibha and Shimoga Srinivasa Chakravarthy
Seller's Agent
Adair Preston
Garman Homes LLC
Buyer's Agent
Ravi Bheemarao
RB Real Estate Agency
List Price
$569,000
Sold Price
$559,000
Premium/Discount to List
-$10,000
-1.76%
Views
7
Current Estimated Value
$576,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,000
Avg. Annual Appreciation
1.82%
Original Mortgage
$447,200
Outstanding Balance
$417,768
Interest Rate
5.76%
Mortgage Type
New Conventional
Estimated Equity
$158,232
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
Shimoga Hemachandra Prathibha $559,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shimoga Hemachandra Prathibha $447,200
Closed Shimoga Hemachandra Prathibha $484,239
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/28/2024 02/28/24 Sold $559,000 -1.8% $218 / Sq Ft
12/11/2023 12/11/23 Pending -- -- --
12/07/2023 12/07/23 For Sale $569,000 -- $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 $4,594 $531,536 $80,000 $451,536
2024 $3,889 $614,043 $80,000 $534,043
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

  • R

    Buyer's Agent in 2024

    Ravi Bheemarao

    RB Real Estate Agency

    (713) 376-7483

    13 in this area

    201 Total Sales

    Ravi Bheemarao
    Section Image
See All Agents

Map

Source: Doorify MLS

MLS Number: 10001253

Doorify MLS

APN: 0647.02-68-6515-000

North Carolina Wake County Holly Springs 27540

113 Novello Way Unit 531, Holly Springs, NC

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