NOT LISTED FOR SALE

1201 Hemby Ridge Ln Morrisville, NC 27560

Estimated Value: $635,344 - $664,000

3 Beds
2.5 Baths
2,575 Sq Ft
$251/Sq Ft Est. Value

Last Sold April 24, 2023

Last sale price $610,000 $237 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $4,150/month

Highlights

  • Cape Cod Architecture
  • Wood Flooring
  • 1 Fireplace
  • Alston Ridge Elementary School Rated A
  • Main Floor Primary Bedroom
  • Forced Air Heating and Cooling System

About This Home

As of April 2023

For comps purpose only

Last Listed By

Latesh Patel

LP Realty License #253953 Listed on: 03/16/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,106

Year Built

  • Built in 2015

Lot Details

  • 6,534 Sq Ft Lot

HOA Fees

  • $74 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Cape Cod Architecture
  • Brick Exterior Construction

Interior Spaces

  • 2,575 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main

Schools

  • Wake County Schools Elementary And Middle School
  • Wake County Schools High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

  • Cas Association
  • Kitts Creek Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,106

Year Built

Built in 2015

Lot Details

0

HOA Fees

$74 per month

Parking

2

Listing Details

  • Year Built: 2015
  • Prop. Type: Residential
  • Subdivision Name: Kitts Creek
  • Above Grade Finished Sq Ft: 2575.0
  • Architectural Style: Cape Cod
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Contract Information Ownership Type: Other
  • 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
  • Cooling Central Air: Yes
  • Sewer:Public Sewer: Yes
  • Structure Type Site Built: Yes
  • Water Source Public: Yes
  • Flooring Carpet: Yes
  • Flooring Hardwood: Yes
  • Levels Two: Yes
  • Room Types Primary Bedroom Level: M
  • General Property Information Above Grade Finished Area: 2575.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 6534.0
  • General Property Information Lot Size Acres: 0.15
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Hardwood
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Total Bedrooms: 6
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Acres: 0.15
  • Construction Type: Brick
  • Construction Materials:Brick: Yes

Garage/Parking

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

Utilities

  • Heating: Electric, Forced Air, Natural Gas
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Electric4: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association Fee: 223.0
  • Association Fee Frequency: Quarterly
  • Association Name: CAS
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: CAS
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 223.0
  • General Property Information:Association Fee Frequency: Quarterly

Schools

  • Ninth Grade High School: Wake County Schools
  • Middle Or Junior School: Wake County Schools

Lot Info

  • Lot Dimensions: See plat
  • Lot Size Sq Ft: 6534.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4106.0
  • Tax Year: 2022

MLS Schools

  • Elementary School: Wake County Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 16, 2023
Closed on
Apr 20, 2023
Sold by
Kumar Vinay and Kumar Purwai
Bought by
Kadakia Hiral and Kadakia Aditi
Seller's Agent
Latesh Patel
LP Realty
Buyer's Agent
Latesh Patel
LP Realty
List Price
$599,500
Sold Price
$610,000
Premium/Discount to List
$10,500
1.75%
Total Days on Market
0
Views
1
Current Estimated Value
$647,336

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,336
Avg. Annual Appreciation
3.08%
Original Mortgage
$408,700
Outstanding Balance
$399,715
Interest Rate
6%
Mortgage Type
New Conventional
Estimated Equity
$250,379

Range of Values:

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Average Value
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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
Kadakia Hiral $610,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kadakia Hiral $408,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2023 12/15/23 Off Market $610,000 -- --
04/24/2023 04/24/23 Sold $610,000 +1.8% $237 / Sq Ft
03/16/2023 03/16/23 Pending -- -- --
03/16/2023 03/16/23 For Sale $599,500 -- $233 / 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
2024 $5,427 $620,396 $150,000 $470,396
2023 $4,217 $400,882 $100,000 $300,882
2022 $4,067 $400,882 $100,000 $300,882
2021 $3,868 $400,882 $100,000 $300,882
2020 $3,868 $400,882 $100,000 $300,882
2019 $3,802 $340,471 $92,000 $248,471
2018 $3,576 $340,471 $92,000 $248,471
2017 $3,442 $340,471 $92,000 $248,471
2016 $3,392 $92,000 $92,000 $0
2015 -- $76,000 $76,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2500099

Doorify MLS

APN: 0746.01-39-6509-000