NOT LISTED FOR SALE

117 Arbor Light Rd Holly Springs, NC 27540

Estimated Value: $291,000 - $328,000

3 Beds
2.5 Baths
1,485 Sq Ft
$206/Sq Ft Est. Value

Last Sold November 02, 2021

Last sale price $250,000 $168 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $1,824/month

Highlights

  • No HOA
  • Community Pool
  • Central Air
  • Holly Springs Elementary School Rated A
  • Walk-In Closet
  • 4-minute walk to Arbor Creek Playground

About This Home

As of January 2024

This immaculate & affordable townhome is available immediately & nestled in a stellar Holly Springs location. Its interior boasts immaculate, neutral paint throughout as well as gorgeous luxury plank floors throughout the 1st level. An inviting dining room seamlessly flows into a kitchen boasting loads of cabinet space, sleek appliances & a breakfast bar. An adjacent family room includes a cozy gas log fireplace as well as direct access to a private rear patio with a storage closet. Head upstairs where you'll find all 3 bedrooms. The primary suite features a vaulted ceiling, double picture windows, a walk-in closet & a private bathroom with a walk-in shower. Bedrooms #2/#3 both enjoy easy access to a full hall bathroom. Rent includes washer/dryer/refrigerator/pool/playground/lawn/landscaping maintenance!

Last Agent to Rent the Property

Brian Schambs

Schambs Property Management License #229285 Listed on: 10/31/2023

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,561

Year Built

  • Built in 1999

Lot Details

  • 1,307

Interior Spaces

  • 1,485 Sq Ft Home
  • 2-Story Property
  • Family Room
  • Dining Room
  • Vinyl Flooring

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry in unit
  • Washer Hookup

Schools

  • Wake County Schools Elementary School

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Security Deposit $1,750
  • Property Available on 11/21/23
  • Tenant pays for water

Community Details

Overview

  • No Home Owners Association
  • Arbor Creek Subdivision
  • Park Phone (919) 803-7789

Recreation

  • Community Pool

Pet Policy

  • No Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,561

Year Built

Built in 1999

Lot Details

0

Rental Info

  • Tenant Pays: Water, Other
  • Lease Term: Other
  • Available Date: 2023-11-21

Listing Details

  • Year Built: 1999
  • Prop. Type: Residential Lease
  • Subdivision Name: Arbor Creek
  • Above Grade Finished Sq Ft: 1485.0
  • Unit Levels: Two
  • Cooling Central Air: Yes
  • Levels Two: Yes
  • Room Types Dining Room2: Yes
  • Room Types Family Room2: Yes
  • Flooring Vinyl: Yes
  • Appliances Refrigerators: Yes
  • Contract Information Lease Term: Other
  • Contract Information Availability Date: 2023-11-21
  • Contract Information Security Deposit2: 1750.0
  • General Property Information Above Grade Finished Area: 1485.0
  • Contract Information ManagerOwner Phone: 919.803.7789
  • Laundry Features Washer Hookup: Yes
  • Structure Type Townhouse: Yes
  • Pets Allowed No2: Yes
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Flooring: Vinyl
  • Interior Amenities: Pantry, Walk-In Closet(s)
  • Appliances: Refrigerator
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Community Features:Pool2: Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Laundry Features:In Unit: Yes

Utilities

  • Heating: Natural Gas
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Pool
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

MLS Schools

  • Elementary School: Wake County Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 29, 2021
Closed on
Nov 2, 2021
Sold by
Love Sandra L
Bought by
Narmacv Sumyan and Narmacva Natalia
Seller's Agent
Brian Schambs
Schambs Property Management
Buyer's Agent
Brian Schambs
Schambs Property Management
Sold Price
$1,495
Current Estimated Value
$306,366

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$304,871
Avg. Annual Appreciation
5.23%
Original Mortgage
$187,500
Outstanding Balance
$171,353
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$135,013

Purchase Details

Closed on
Dec 23, 1999
Sold by
C Richard Dobson Builders
Bought by
Love Sandra I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,851
Interest Rate
7.67%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Narmacv Sumyan $250,000 None Available
Love Sandra I $115,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Narmacv Sumyan $187,500
Previous Owner Love Sandra I $106,851
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/26/2024 01/26/24 Rented $1,695 -99.3% --
01/06/2024 01/06/24 Under Contract -- -- --
12/15/2023 12/15/23 Off Market $250,000 -- --
12/11/2023 12/11/23 Price Changed $1,695 -3.1% $1 / Sq Ft
11/21/2023 11/21/23 Price Changed $1,750 -2.8% $1 / Sq Ft
10/31/2023 10/31/23 For Rent $1,800 +20.4% --
12/09/2021 12/09/21 Rented $1,495 0.0% --
12/04/2021 12/04/21 Under Contract -- -- --
11/29/2021 11/29/21 For Rent $1,495 0.0% --
11/02/2021 11/02/21 Sold $250,000 0.0% $168 / Sq Ft View Prior Sale
10/04/2021 10/04/21 Pending -- -- --
10/01/2021 10/01/21 For Sale $249,900 -- $168 / 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 $2,561 $295,263 $75,000 $220,263
2024 $2,550 $295,263 $75,000 $220,263
2023 $1,963 $180,119 $43,000 $137,119
2022 $1,895 $180,119 $43,000 $137,119
2021 $1,860 $180,119 $43,000 $137,119
2020 $1,860 $180,119 $43,000 $137,119
2019 $1,607 $131,914 $25,000 $106,914
2018 $1,454 $131,914 $25,000 $106,914
2017 $1,402 $131,914 $25,000 $106,914
2016 $1,383 $131,914 $25,000 $106,914
2015 $1,278 $119,855 $22,000 $97,855
2014 $1,234 $119,855 $22,000 $97,855
Source: Public Records

Agents Affiliated with this Home

  • B

    Landlord's Agent in 2024

    Brian Schambs

    Schambs Property Management

    (919) 803-7789

    3 Total Sales

    Brian Schambs
    Section Image
  • Myron Gwyn

    Seller's Agent in 2021

    Myron Gwyn

    Oak Strong Realty, LLC

    (919) 260-4132

    2 in this area

    66 Total Sales

    Myron Gwyn
    Section Image
  • Ilya Zaverukha

    Buyer's Agent in 2021

    Ilya Zaverukha

    NorthGroup Real Estate, Inc.

    (919) 249-5044

    10 in this area

    66 Total Sales

    Ilya Zaverukha
    Section Image
See All Agents

Map

Source: Doorify MLS

MLS Number: 2539895

Doorify MLS

APN: 0750.03-00-1213-000

North Carolina Wake County Holly Springs 27540

117 Arbor Light Rd, Holly Springs, NC

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