Seller's Agent in 2025
Alli Pepperling
Compass -- Cary
(919) 986-0375
50 in this area
108 Total Sales
1400 Brown Velvet Ln Apex, NC 27523
West Apex Neighborhood
5
Beds
3.5
Baths
3,324
Sq Ft
4,792
Sq Ft Lot
Highlights
- Fitness Center
- Open Floorplan
- Clubhouse
- Olive Chapel Elementary School Rated A
- Colonial Architecture
- Vaulted Ceiling
About This Home
As of February 2025Discover this move-in-ready, freshly painted home with updates that deliver style and comfort! With 5 bedrooms and 4 baths, this home offers a sought-after open floor plan perfect for entertaining and everyday living. The gourmet kitchen boasts quartz countertops, two spacious islands, and bar seating, making it a dream for home chefs and gatherings. The family room features a cozy gas fireplace, ideal for relaxing. On the first floor, you'll find a bedroom with a bath, perfect for guests or a home office. The owner's suite is a serene retreat with its own private balcony, while the third floor offers flexible living space - use it as a bonus room, home office, or bedroom, complete with a bath.Private backyard featuring a screened-in porch and a fenced yard perfect for relaxing or entertaining. Located in the desirable Sweetwater community, enjoy resort-style amenities including a clubhouse, gym, pool, playground, pocket parks, a dog park, and greenway trails that will soon connect to the Tobacco Trail. The Sweetwater Town Center offers shopping, dining, and retail just moments away, with easy access to RDU, RTP, and Jordan Lake.This home checks all the boxes - schedule your showing today!
Last Agent to Sell the Property
Compass -- Cary License #293142 Listed on: 01/14/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,734
Year Built
- Built in 2017
Lot Details
- 4,792 Sq Ft Lot
- Landscaped
- Interior Lot
- Back Yard Fenced and Front Yard
HOA Fees
- $81 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Rear-Facing Garage
- Garage Door Opener
- 2 Open Parking Spaces
Home Design
- Colonial Architecture
- Traditional Architecture
- Charleston Architecture
- Slab Foundation
- Shingle Roof
Interior Spaces
- 3,324 Sq Ft Home
- 3-Story Property
- Open Floorplan
- Crown Molding
- Smooth Ceilings
- Vaulted Ceiling
- Ceiling Fan
- Recessed Lighting
- Family Room
- Breakfast Room
- Dining Room
- Loft
- Screened Porch
- Utility Room
- Electric Dryer Hookup
Kitchen
- Eat-In Kitchen
- Breakfast Bar
- Built-In Gas Range
- Microwave
- Plumbed For Ice Maker
- Dishwasher
- Kitchen Island
- Quartz Countertops
- Disposal
Flooring
- Carpet
- Tile
- Luxury Vinyl Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- Main Floor Bedroom
- Walk-In Closet
- Double Vanity
- Private Water Closet
- Separate Shower in Primary Bathroom
- Bathtub with Shower
- Walk-in Shower
Attic
- Attic Floors
- Pull Down Stairs to Attic
Outdoor Features
- Balcony
- Rain Gutters
Schools
- Olive Chapel Elementary School
- Lufkin Road Middle School
- Apex Friendship High School
Horse Facilities and Amenities
- Grass Field
Utilities
- Multiple cooling system units
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Natural Gas Connected
- Gas Water Heater
Listing and Financial Details
- Assessor Parcel Number 0722327663
Community Details
Overview
- Association fees include unknown
- Omega Association, Phone Number (919) 461-0102
- Sweetwater Subdivision
Amenities
- Community Barbecue Grill
- Restaurant
- Clubhouse
Recreation
- Community Playground
- Fitness Center
- Community Pool
- Park
- Dog Park
- Trails
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 14, 2025
Closed on
Feb 18, 2025
Sold by
Iannone Jason and Iannone Bethany
Bought by
Severson Phil Nicolas and Severson Kavitha
Seller's Agent
Alli Pepperling
Compass -- Cary
Buyer's Agent
Gretchen Castorina
Compass -- Chapel Hill - Durham
List Price
$775,000
Sold Price
$790,000
Premium/Discount to List
$15,000
1.94%
Views
23
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,553
Avg. Annual Appreciation
1.91%
Original Mortgage
$592,500
Outstanding Balance
$589,503
Interest Rate
6.93%
Mortgage Type
New Conventional
Estimated Equity
$209,050
Purchase Details
Closed on
Dec 28, 2017
Sold by
Experience One Homes Llc
Bought by
Iannone Jason and Iannone Bethany
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$314,855
Interest Rate
3.95%
Mortgage Type
New Conventional
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 | $790,000 | Morehead Title | |
| Warranty Deed | $790,000 | Morehead Title | |
| Warranty Deed | $435,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $592,500 | New Conventional | |
| Closed | $592,500 | New Conventional | |
| Previous Owner | $308,000 | New Conventional | |
| Previous Owner | $314,855 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/21/2025 02/21/25 | Sold | $790,000 | +1.9% | $238 / Sq Ft |
| 01/18/2025 01/18/25 | Pending | -- | -- | -- |
| 01/14/2025 01/14/25 | For Sale | $775,000 | -- | $233 / 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 |
|---|---|---|---|---|
| 2025 | $6,888 | $786,631 | $160,000 | $626,631 |
| 2024 | $6,734 | $786,631 | $160,000 | $626,631 |
| 2023 | $5,238 | $475,695 | $70,000 | $405,695 |
| 2022 | $4,917 | $475,695 | $70,000 | $405,695 |
| 2021 | $4,729 | $475,695 | $70,000 | $405,695 |
| 2020 | $4,682 | $475,695 | $70,000 | $405,695 |
| 2019 | $4,638 | $406,596 | $70,000 | $336,596 |
| 2018 | $4,368 | $406,596 | $70,000 | $336,596 |
| 2017 | $0 | $70,000 | $70,000 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Alli Pepperling
-
Gretchen Castorina
Buyer's Agent in 2025
Gretchen Castorina
Compass -- Chapel Hill - Durham
(919) 951-5566
1 in this area
97 Total Sales
Map
Source: Doorify MLS
MLS Number: 10070757
APN: 0722.03-32-7663-000
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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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