NOT LISTED FOR SALE

1351 Brown Velvet Ln Apex, NC 27523

West Apex Neighborhood

Estimated Value: $511,000 - $598,000

3 Beds
4 Baths
2,160 Sq Ft
$251/Sq Ft Est. Value

Last Sold June 29, 2021

Last sale price $417,500 $193 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $3,473/month

10 Days on Market

Highlights

  • Clubhouse
  • Traditional Architecture
  • 1 Car Attached Garage
  • Olive Chapel Elementary School Rated A
  • Community Pool
  • Forced Air Heating and Cooling System

About This Home

As of June 2021

Built in 2019, this Apex three-story home offers granite countertops, and a one-car garage. This home has been virtually staged to illustrate its potential.

Last Listed By

Verria Hairston

Opendoor Brokerage LLC License #309654 Listed on: 05/20/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,393

Year Built

  • Built in 2019

Lot Details

  • 3,049 Sq Ft Lot
  • Lot Dimensions are 27x106

HOA Fees

  • $64 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Home Design

  • Traditional Architecture
  • Masonite

Interior Spaces

  • 2,160 Sq Ft Home
  • 3-Story Property

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Schools

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

Utilities

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

Community Details

Overview

  • Sweetwater Poa Inc. Association
  • Sweetwater Subdivision

Amenities

  • Clubhouse

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,393

Year Built

Built in 2019

Lot Details

0

HOA Fees

$64 per month

Parking

1

Listing Details

  • Year Built: 2019
  • Prop. Type: Residential
  • Subdivision Name: Sweetwater
  • Above Grade Finished Sq Ft: 2160.0
  • Architectural Style: Traditional
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Three Or More
  • New Construction: No
  • Contract Information Ownership Type: Other
  • General Property Information Above Grade Unfinished Area: 277.0
  • General Property Information Total Unfinished Area2: 277.0
  • General Property Information Lot Size Dimensions: 27x106
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: No
  • Cooling Central Air: Yes
  • Structure Type Site Built: Yes
  • Flooring Carpet: Yes
  • Architectural Style Traditional: Yes
  • Flooring Vinyl: Yes
  • Pool Features Swimming Pool ComFee: Yes
  • Flooring Laminate: Yes
  • Levels Three Or More: Yes
  • General Property Information Above Grade Finished Area: 2160.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 3049.2
  • General Property Information Lot Size Acres: 0.07
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Laminate, Vinyl
  • Appliances: Gas Water Heater
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bedrooms: 3
  • Total Bedrooms: 7
  • Appliances:Gas Water Heater: Yes

Exterior Features

  • Acres: 0.07
  • Construction Type: Masonite
  • Construction Materials:Masonite: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Attached, Garage
  • Parking Features:Attached: Yes
  • Parking Features:Garage: Yes
  • General Property Information:Garage Spaces: 1.0

Utilities

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

Condo/Co-op/Association

  • Association Fee: 193.0
  • Association Fee Frequency: Quarterly
  • Association Name: Sweetwater POA Inc.
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: Sweetwater POA Inc.
  • Association Amenities:Pool: Yes
  • Association Amenities:Clubhouse: Yes
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 193.0
  • 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: 27x106
  • Lot Size Sq Ft: 3049.2
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3393.0
  • Tax Year: 2020

MLS Schools

  • Elementary School: Wake - Olive Chapel

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 19, 2023
Sold by
Rigney Brandon and Rigney Lindsay
Bought by
Rigney Living Trust
Total Days on Market
10
Current Estimated Value
$542,832

Purchase Details

Listed on
May 20, 2021
Closed on
Jun 29, 2021
Sold by
Opendoor Property Trust I
Bought by
Rigney Brandon and Rigney Lindsay
Seller's Agent
Verria Hairston
Opendoor Brokerage LLC
Buyer's Agent
Debra Chadwick
DEBTEAM
List Price
$420,000
Sold Price
$417,500
Premium/Discount to List
-$2,500
-0.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.10%
Original Mortgage
$227,800
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 20, 2021
Closed on
May 14, 2021
Sold by
Rowat Mark Anthony and Rowat Stephanic Anne
Bought by
Opendoor Property Trust I
Seller's Agent
Verria Hairston
Opendoor Brokerage LLC
Buyer's Agent
Debra Chadwick
DEBTEAM
List Price
$420,000
Sold Price
$417,500
Premium/Discount to List
-$2,500
-0.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,800
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 27, 2020
Sold by
Experienceone Homes Llc
Bought by
Rowat Stephanie Anne and Rowat Mark Anthony

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,612
Interest Rate
3.6%
Mortgage Type
New Conventional

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
Rigney Living Trust -- None Listed On Document
Rigney Brandon $417,500 None Available
Opendoor Property Trust I $375,500 None Available
Rowat Stephanie Anne $328,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rigney Brandon $227,800
Previous Owner Rowat Stephanie Anne $262,612
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2023 12/15/23 Off Market $417,500 -- --
06/29/2021 06/29/21 Sold $417,500 -0.6% $193 / Sq Ft
05/30/2021 05/30/21 Pending -- -- --
05/20/2021 05/20/21 For Sale $420,000 -- $194 / 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 $4,448 $518,853 $150,000 $368,853
2023 $3,797 $344,275 $55,000 $289,275
2022 $3,564 $344,275 $55,000 $289,275
2021 $3,428 $344,275 $55,000 $289,275
2020 $2,523 $344,275 $55,000 $289,275
2019 $187 $16,500 $16,500 $0
2018 $588 $55,000 $55,000 $0
2017 $0 $55,000 $55,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2385020

Doorify MLS

APN: 0722.03-33-9032-000