Seller's Agent in 2025
Jennifer Coleman
Coldwell Banker Advantage
(919) 415-1322
24 in this area
169 Total Sales
6
Beds
5
Baths
5,410
Sq Ft
0.56
Acres
Highlights
- Heated In Ground Pool
- Finished Room Over Garage
- Open Floorplan
- Middle Creek Elementary School Rated A-
- 0.56 Acre Lot
- Recreation Room
About This Home
As of June 2025Welcome to 116 Palermo Court — a custom-crafted luxury ranch home designed for unforgettable living and entertaining! Located in the highly desirable Tuscany subdivision, this stunning 6-bedroom, 5-bath masterpiece offers 5,410 sq ft of versatile space in the city limits of Holly Springs.Step through grand double wooden doors into an inviting open floorplan, where soaring 10-foot ceilings, freshlyrefinished hardwoods, extensive crown molding, and natural light greet you. The formal dining room dazzles withdetailed crown molding and wainscoting, leading into a family room that's a true showstopper — featuring 14-footcoffered ceilings, custom built-ins, and a cozy gas fireplace.The heart of the home, a chef's kitchen, showcases a large granite island, travertine backsplash, stainlessappliances, wall oven, and a bar area, making it perfect for hosting. Adjacent is a breakfast nook, a sun-drenched 3-season room with EzeBreeze windows and HVAC along with a grilling deck.The main floor offers 4 spacious bedrooms and 3 full baths, including the luxurious primary suite with spa-like bath— a freestanding soaking tub, walk-in tiled shower with dual heads, and custom built-in closets await.Upstairs, find brand new carpet, bonus room, and flex space ideal for hobbies or a home office, a private suite withfull bath and walk-in closet; that could be used as a secondary Primary Suite.The finished basement is an entertainer's dream — wet bar, kitchenette, billiards, media, and a bedroom/workoutroom with ensuite bath! LPV floors throughout, a dedicated pool room with epoxy flooring, and multiple storageareas enhance functionality.Outside, your private backyard oasis awaits: a heated saltwater pool with waterfall, hot tub, expansive paver patio,fire pit area with swing set, and lush, mature landscaping. A rocking chair front porch, composite deck area,exterior speakers, and low voltage lighting create enchanting evenings year-round.Situated on a quiet, tree-lined cul-de-sac street, this home is moments from Hwy 540, US-1, Downtown HollySprings, Apex, Cary and RTP. Immaculately maintained with countless updates, 116 Palermo Court offers the rareopportunity for multigenerational living, entertaining, and everyday luxury in one unforgettable package.Come experience a home where every day feels like a staycation!
Last Agent to Sell the Property
Coldwell Banker Advantage License #280148 Listed on: 04/10/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $8,138
Year Built
- Built in 2010 | Remodeled
Lot Details
- 0.56 Acre Lot
- Landscaped with Trees
- Back Yard Fenced and Front Yard
HOA Fees
- $50 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Parking Pad
- Finished Room Over Garage
- Front Facing Garage
- Garage Door Opener
- Private Driveway
Home Design
- Transitional Architecture
- Traditional Architecture
- Shingle Roof
- Radon Mitigation System
- Concrete Perimeter Foundation
- Stone Veneer
Interior Spaces
- 3-Story Property
- Open Floorplan
- Wet Bar
- Central Vacuum
- Built-In Features
- Bar Fridge
- Bar
- Crown Molding
- Coffered Ceiling
- Smooth Ceilings
- High Ceiling
- Ceiling Fan
- Recessed Lighting
- Fireplace Features Blower Fan
- Gas Log Fireplace
- Entrance Foyer
- Family Room with Fireplace
- Breakfast Room
- Dining Room
- Recreation Room
- Bonus Room
- Game Room
- Storage
- Home Gym
- Attic
Kitchen
- Eat-In Kitchen
- Breakfast Bar
- Built-In Oven
- Gas Cooktop
- Microwave
- Plumbed For Ice Maker
- Dishwasher
- Wine Cooler
- Kitchen Island
- Granite Countertops
- Disposal
Flooring
- Wood
- Carpet
- Tile
- Luxury Vinyl Tile
Bedrooms and Bathrooms
- 6 Bedrooms
- Primary Bedroom on Main
- Walk-In Closet
- 5 Full Bathrooms
- Primary bathroom on main floor
- Double Vanity
- Private Water Closet
- Soaking Tub
- Bathtub with Shower
- Shower Only in Primary Bathroom
- Walk-in Shower
Laundry
- Laundry Room
- Laundry on main level
- Sink Near Laundry
Finished Basement
- Heated Basement
- Walk-Out Basement
- Interior and Exterior Basement Entry
- Basement Storage
- Natural lighting in basement
Home Security
- Security System Owned
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Pool
- Heated In Ground Pool
- Above Ground Spa
- Saltwater Pool
- Vinyl Pool
- Waterfall Pool Feature
- Fence Around Pool
Outdoor Features
- Enclosed patio or porch
- Playground
- Rain Gutters
Schools
- Middle Creek Elementary School
- Dillard Middle School
- Felton Grove High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Heat Pump System
- Vented Exhaust Fan
- Natural Gas Connected
- Gas Water Heater
- High Speed Internet
- Phone Available
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 0750815150
Community Details
Overview
- Association fees include ground maintenance
- Tuscany Homeowners Assoiciation Associa Hrw Association, Phone Number (919) 787-9000
- Built by Reese Construction
- Tuscany Subdivision
Security
- Resident Manager or Management On Site
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
May 25, 2011
Sold by
Reese Construction Llc
Bought by
Coleman Sean M and Coleman Jennifer G
Total Days on Market
2
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$436,000
Interest Rate
3.75%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 22, 2010
Sold by
Sunset Lake Partners Llc
Bought by
Reese Construction Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$384,000
Interest Rate
4.94%
Mortgage Type
Future Advance Clause Open End Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $1,275,000 | Investors Title | |
| Warranty Deed | $484,500 | None Available | |
| Warranty Deed | $106,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,015,000 | New Conventional | |
| Previous Owner | $850,400 | New Conventional | |
| Previous Owner | $478,500 | New Conventional | |
| Previous Owner | $50,000 | No Value Available | |
| Previous Owner | $484,350 | New Conventional | |
| Previous Owner | $589,500 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $445,000 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $436,000 | New Conventional | |
| Previous Owner | $384,000 | Future Advance Clause Open End Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/06/2025 06/06/25 | Sold | $1,275,000 | 0.0% | $236 / Sq Ft |
| 04/13/2025 04/13/25 | Pending | -- | -- | -- |
| 04/10/2025 04/10/25 | For Sale | $1,275,000 | -- | $236 / Sq Ft |
Source: Doorify MLS
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $8,138 | $947,236 | $143,000 | $804,236 |
| 2023 | $6,394 | $590,979 | $65,000 | $525,979 |
| 2022 | $6,173 | $590,979 | $65,000 | $525,979 |
| 2021 | $5,939 | $579,378 | $65,000 | $514,378 |
| 2020 | $5,939 | $579,378 | $65,000 | $514,378 |
| 2019 | $6,684 | $553,861 | $53,000 | $500,861 |
| 2018 | $6,040 | $553,861 | $53,000 | $500,861 |
| 2017 | $5,822 | $553,861 | $53,000 | $500,861 |
| 2016 | $5,741 | $553,861 | $53,000 | $500,861 |
| 2015 | $6,306 | $564,035 | $106,000 | $458,035 |
| 2014 | $5,618 | $552,635 | $106,000 | $446,635 |
Source: Public Records
Agents Affiliated with this Home
-
Jennifer Coleman
-
Mike Joseph
Buyer's Agent in 2025
Mike Joseph
Keller Williams Legacy
(919) 268-5424
10 in this area
97 Total Sales
Map
Source: Doorify MLS
MLS Number: 10087925
APN: 0750.04-81-5150-000
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Some IDX listings have been excluded from this IDX display. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. Listings marked with an icon are provided courtesy of the Doorify MLS, Inc. of North Carolina, Internet Data Exchange Database. Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property. Copyright 2025 Doorify MLS, Inc. of North Carolina. All rights reserved.
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