NOT LISTED FOR SALE

1281 Brown Velvet Ln Apex, NC 27523

West Apex Neighborhood

Estimated Value: $586,000 - $658,000

4 Beds
3.5 Baths
2,185 Sq Ft
$279/Sq Ft Est. Value

Last Sold June 21, 2021

Last sale price $505,000 $231 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $3,715/month

2 Days on Market

Highlights

  • Clubhouse
  • Vaulted Ceiling
  • Attic
  • Olive Chapel Elementary School Rated A
  • Traditional Architecture
  • Bonus Room

About This Home

As of June 2021

4BDRM/4BA home is on the LARGEST CORNER LOT in Sweetwater close by 2 out 10 pocket parks! 3YR OLD home! New const feel w/out wait time or lumber costs! Open layout KITCHEN ISLAND w/Seating, White Cabinets, GRANITE CT, SS appl. Large finished 3rd floor BDRM/Bonus/Office w/FULL BATH! FENCED in Courtyard porch & 2 car garage under covered breezeway! Resort-like amenities Clubhouse,Pool, Playgroud, Dog Park,Trails. Sweetwater offers 45 acre of prop.comm retail & entmt area u will never leave the neighborhood!

Last Agent to Sell the Property

Alli Pepperling

Compass -- Cary License #293142 Listed on: 05/20/2021

Compass -- Cary

Last Buyer's Agent

Tony Yao

CHK Realty License #219218

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,361

Year Built

  • Built in 2018

Lot Details

  • 8,015 Sq Ft Lot
  • Fenced Yard
  • Landscaped
  • Corner Lot

HOA Fees

  • $64 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Rear-Facing Garage
  • Garage Door Opener
  • Private Driveway

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 2,185 Sq Ft Home
  • 3-Story Property
  • Smooth Ceilings
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Family Room with Fireplace
  • Combination Dining and Living Room
  • Bonus Room
  • Storage
  • Utility Room
  • Fire and Smoke Detector
  • Attic

Kitchen

  • Eat-In Kitchen
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Granite Countertops

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry on upper level
  • Electric Dryer Hookup

Outdoor Features

  • Patio
  • Rain Gutters
  • Porch

Schools

  • Olive Chapel Elementary School
  • Lufkin Road Middle School
  • Apex Friendship High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

Overview

  • Association fees include ground maintenance
  • Charleston Mangement Association
  • Sweetwater Subdivision

Amenities

  • Clubhouse

Recreation

  • Community Playground
  • Community Pool
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,361

Year Built

Built in 2018

Lot Details

0

HOA Fees

$64 per month

Parking

2

Listing Details

  • Year Built: 2018
  • Prop. Type: Residential
  • Reso Association Fee Includes: Maintenance Grounds
  • Subdivision Name: Sweetwater
  • Above Grade Finished Sq Ft: 2185.0
  • Architectural Style: Traditional
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • New Construction: No
  • Contract Information Ownership Type: Other
  • General Property Information Lot Size Dimensions: See Survey
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: Yes
  • Appliances Microwave: Yes
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Foundation Details Slab: Yes
  • Interior Features BathtubShower Combination: Yes
  • Interior Features Water Closet: Yes
  • Security Features Smoke Detector(s): Yes
  • Sewer:Public Sewer: Yes
  • Structure Type Site Built: Yes
  • Water Source Public: Yes
  • Cooling Zoned: Yes
  • Flooring Carpet: Yes
  • Interior Features Smooth Ceilings: Yes
  • Room Types Bedroom 2 Level: 2
  • Room Types Bedroom 3 Level: 2
  • Room Types Bedroom 4 Level: 3
  • Room Types Bonus Room: Yes
  • Room Types Dining Room2: Yes
  • Room Types Family Room2: Yes
  • Architectural Style Traditional: Yes
  • Room Types Primary Bedroom Level: 2
  • Interior Features LivingDining Room Combination: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Upper Level: Yes
  • Room Types Utility Room: Yes
  • Interior Features Shower Only: Yes
  • Utilities Cable Available: Yes
  • Laundry Features Laundry Closet: Yes
  • Flooring Laminate: Yes
  • Levels Three Or More: Yes
  • General Property Information Above Grade Finished Area: 2185.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 8015.04
  • General Property Information Lot Size Acres: 0.184
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Laminate, Tile
  • Interior Amenities: Bathtub/Shower Combination, Ceiling Fan(s), Eat-in Kitchen, Granite Counters, High Ceilings, High Speed Internet, Living/Dining Room Combination, Pantry, Shower Only, Smooth Ceilings, Storage, Vaulted Ceiling(s), Walk-In Closet(s), Water Closet
  • Appliances: Dishwasher, Gas Cooktop, Gas Range, Gas Water Heater, Microwave, Plumbed For Ice Maker, Range Hood
  • Basement YN: No
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Family Room, Gas, Gas Log
  • Fireplaces: 1
  • Total Bedrooms: 7
  • Appliances Dishwasher: Yes
  • Appliances:Gas Cooktop: Yes
  • Appliances:Plumbed For Ice Maker: Yes
  • Appliances:Range Hood: Yes
  • Community Features:Playground2: Yes
  • Community Features:Pool2: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Interior Features:Granite Counters: Yes
  • Interior Features:High Ceilings: Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Fireplace Features:Family Room: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Interior Features:Storage3: Yes
  • Fireplace Features:Gas Log: Yes
  • Appliances:Gas Water Heater: Yes
  • Fireplace Features:Gas4: Yes
  • Interior Features:Vaulted Ceiling(s): Yes
  • Appliances:Gas Range: Yes
  • Interior Features:High Speed Internet: Yes
  • Attic Features:Walk-In Attic: Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Exterior Features: Fenced Yard, Rain Gutters
  • Acres: 0.18
  • Construction Type: Brick, Fiber Cement
  • Foundation Details: Slab
  • Patio And Porch Features: Patio, Porch
  • Construction Materials:Fiber Cement: Yes
  • Exterior Features:Rain Gutters: Yes
  • Lot Features:Landscaped: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Patio: Yes
  • Exterior Features:Fenced - Yard: Yes
  • Lot Features:Corner Lot: Yes
  • Construction Materials:Brick: Yes

Garage/Parking

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

Utilities

  • Utilities: Cable Available
  • Heating: Forced Air, Natural Gas, Zoned
  • Cooling: Central Air, Zoned
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes
  • Heating:Zoned2: Yes

Condo/Co-op/Association

  • Community Features: Playground, Pool
  • Association Fee: 192.5
  • Association Fee Frequency: Quarterly
  • Association Name: Charleston Mangement
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: Charleston Mangement
  • 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: 192.5
  • General Property Information:Association Fee Frequency: Quarterly

Schools

  • Ninth Grade High School: Wake - Apex Friendship
  • Middle Or Junior School: Wake - Lufkin Road

Lot Info

  • Lot Dimensions: See Survey
  • Lot Size Sq Ft: 8015.04
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3361.0
  • Tax Year: 2020

MLS Schools

  • Elementary School: Wake - Olive Chapel

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2021
Closed on
Jun 21, 2021
Sold by
Zerman William S and Zerman Caroline Elizabeth
Bought by
Duan Wei and Zhang Wenjie
Seller's Agent
Alli Pepperling
Compass -- Cary
Buyer's Agent
Tony Yao
CHK Realty
List Price
$450,000
Sold Price
$505,000
Premium/Discount to List
$55,000
12.22%
Current Estimated Value
$609,493

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$104,493
Avg. Annual Appreciation
4.50%
Original Mortgage
$345,000
Outstanding Balance
$313,034
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$296,459

Purchase Details

Closed on
Jan 11, 2018
Sold by
Experienceone Homes Llc
Bought by
Zerman William S and Dunn Zerman Caroline Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$279,528
Interest Rate
3.9%
Mortgage Type
New Conventional
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
Duan Wei $505,000 Attorneys Title
Zerman William S $349,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Duan Wei $345,000
Previous Owner Zerman William S $279,528
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2023 12/15/23 Off Market $505,000 -- --
06/21/2021 06/21/21 Sold $505,000 +12.2% $231 / Sq Ft
05/23/2021 05/23/21 Pending -- -- --
05/21/2021 05/21/21 For Sale $450,000 -- $206 / 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 $5,034 $574,291 $150,000 $424,291
2024 $4,741 $553,077 $150,000 $403,077
2023 $3,760 $340,903 $75,000 $265,903
2022 $3,530 $340,903 $75,000 $265,903
2021 $3,395 $340,903 $75,000 $265,903
2020 $3,361 $340,903 $75,000 $265,903
2019 $3,536 $309,576 $60,000 $249,576
2018 $3,284 $60,000 $60,000 $0
2017 $0 $60,000 $60,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Alli Pepperling

    Seller's Agent in 2021

    Alli Pepperling

    Compass -- Cary

    (919) 986-0375

    50 in this area

    108 Total Sales

    Alli Pepperling
    Section Image
  • Tony Yao

    Buyer's Agent in 2021

    Tony Yao

    CHK Realty

    (919) 345-6370

    8 in this area

    183 Total Sales

    Tony Yao
    Section Image
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Map

Source: Doorify MLS

MLS Number: 2384904

Doorify MLS

APN: 0722.03-43-0396-000

North Carolina Wake County Apex 27523 West Apex

1281 Brown Velvet Ln, Apex, NC

This home is located at 1281 Brown Velvet Ln, Apex, NC 27523 since 20 May 2021 and is currently estimated at $609,493, approximately $278 per square foot. This property was built in 2018. 1281 Brown Velvet Ln is a home located in Wake County with nearby schools including Olive Chapel Elementary School, Lufkin Road Middle School, and Apex Friendship High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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