NOT LISTED FOR SALE

Estimated Value: $510,090 - $549,000

3 Beds
2.5 Baths
2,338 Sq Ft
$225/Sq Ft Est. Value

Last Sold March 26, 2024

Last sale price $514,000 $220 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $3,237/month

10 Days on Market

Highlights

  • New Construction
  • Home Energy Rating Service (HERS) Rated Property
  • Traditional Architecture
  • ENERGY STAR Certified Homes
  • Deck
  • Bonus Room

About This Home

As of March 2024

Welcome to your dream home! This thoughtfully designed residence boasts a versatile den with a half-bath on the first floor, offering flexibility for your lifestyle. The owner's suite is a relaxing retreat with a spacious closet and an elegant bathroom featuring a gorgeous tile shower. Generously sized secondary bedrooms provide ample space for family and guests. The living areas are perfect for relaxation and gatherings. Step outside onto the deck and take in the serene view of the adjacent woods, creating a peaceful oasis in your backyard. Not only is this home stylish and practical, but it is also exceptionally energy-efficient, providing significant savings on your energy bills. Discover the perfect blend of style, functionality, and sustainability in this exceptional home.

Last Agent to Sell the Property

Calvin Ramsey

Ramsey Realtors Team Inc License #139388 Listed on: 01/11/2024

Ramsey Realtors Team Inc

Last Buyer's Agent

Ping Xin

HHome Realty LLC License #304250

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2023 | New Construction

Lot Details

  • 6,000 Sq Ft Lot
  • Lot Dimensions are 50x120x50x120

HOA Fees

  • $50 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Private Driveway

Home Design

  • Traditional Architecture
  • Frame Construction
  • Low Volatile Organic Compounds (VOC) Products or Finishes
  • Radiant Barrier

Interior Spaces

  • 2,338 Sq Ft Home
  • 2-Story Property
  • Smooth Ceilings
  • High Ceiling
  • Insulated Windows
  • Entrance Foyer
  • Family Room
  • Combination Kitchen and Dining Room
  • Home Office
  • Bonus Room
  • Pull Down Stairs to Attic
  • Fire and Smoke Detector

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • ENERGY STAR Qualified Appliances
  • Granite Countertops
  • Tile Countertops

Flooring

  • Carpet
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on second floor
  • Low Flow Plumbing Fixtures

Laundry

  • Laundry Room
  • Laundry on upper level

Eco-Friendly Details

  • Home Energy Rating Service (HERS) Rated Property
  • HERS Index Rating of 63 | Good progress toward optimizing energy performance
  • Energy-Efficient Lighting
  • ENERGY STAR Certified Homes
  • Energy-Efficient Thermostat
  • No or Low VOC Paint or Finish
  • Ventilation
  • Watersense Fixture

Outdoor Features

  • Deck
  • Rain Gutters

Schools

  • Spring Valley Elementary School
  • Neal Middle School
  • Southern High School

Utilities

  • Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Electric Water Heater

Community Details

  • Association fees include ground maintenance
  • Ppm Association, Phone Number (919) 848-4911
  • Olive Grove Subdivision

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 0860259473

Home Details

Home Type

Single Family

Year Built

Built in 2023 | New Construction

Lot Details

0

HOA Fees

$50 per month

Parking

2

Listing Details

  • Year Built: 2023
  • Prop. Type: Residential
  • Reso Association Fee Includes: Maintenance Grounds
  • Subdivision Name: Olive Grove
  • Above Grade Finished Sq Ft: 2338.0
  • Architectural Style: Traditional
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: Yes
  • Efficiency: Lighting, Thermostat
  • Effective Year Built: 2024
  • General Property Information Lot Size Dimensions: 50x120x50x120
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: No
  • Appliances Microwave: Yes
  • Attic Features Pull-Down Stairs: Yes
  • Cooling Central Air: Yes
  • Flooring Luxury Vinyl: Yes
  • Interior Features KitchenDining Room Combination: Yes
  • Laundry Features Laundry Room: Yes
  • Security Features Smoke Detector(s): Yes
  • Sewer:Public Sewer: Yes
  • Structure Type Site Built: Yes
  • Water Source Public: Yes
  • Contract Information Estimated Completion Date: 2024-02-29
  • Construction Materials Radiant Barrier: Yes
  • Flooring Carpet: Yes
  • Interior Features Smooth Ceilings: Yes
  • Levels Two: Yes
  • Property Condition Framed: Yes
  • Room Types Bedroom 2 Level: Second
  • Room Types Bedroom 3 Level: Second
  • Room Types Bonus Room: Yes
  • Room Types Family Room2: Yes
  • Architectural Style Traditional: Yes
  • Room Types Office: Yes
  • Room Types Primary Bedroom Level: Second
  • Laundry Features Upper Level: Yes
  • Remarks and Miscellaneous Syndication Remarks2: Welcome to your dream home! This thoughtfully designed residence boasts a versatile den with a half-bath on the first floor, offering flexibility for your lifestyle. The owner's suite is a relaxing retreat with a spacious closet and an elegant bathroom featuring a gorgeous tile shower. Generously sized secondary bedrooms provide ample space for family and guests. The living areas are perfect for relaxation and gatherings. Step outside onto the deck and take in the serene view of the adjacent woods, creating a peaceful oasis in your backyard. Not only is this home stylish and practical, but it is also exceptionally energy-efficient, providing significant savings on your energy bills. Discover the perfect blend of style, functionality, and sustainability in this exceptional home.
  • Construction Materials Low VOC PaintSealantVarnish: Yes
  • Green Building Verification Type ENERGY STAR Certified Homes: Yes
  • Green Building Verification Type WaterSense: Yes
  • General Property Information Association Phone: (919) 848-4911
  • Green Indoor Air Quality Ventilation: Yes
  • Green Water Conservation Low-Flow Fixtures: Yes
  • General Property Information Enhanced Accessible2: No
  • Green Building Verification Type HERS Index Score: Yes
  • General Property Information Monthly Association Fees2: 50.0
  • General Property Information Above Grade Finished Area: 2338.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 6000.0
  • General Property Information Lot Size Acres: 0.1377
  • General Property Information:Living Area3: 2338.0
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Year Renovated: 2024

Interior Features

  • Flooring: Carpet, Luxury Vinyl
  • Interior Amenities: Entrance Foyer, Granite Counters, High Ceilings, Kitchen/Dining Room Combination, Pantry, Smooth Ceilings, Tile Counters
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, ENERGY STAR Qualified Appliances, Microwave
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Appliances Dishwasher: Yes
  • Interior Features:Entrance Foyer: Yes
  • Interior Features:Granite Counters: Yes
  • Interior Features:High Ceilings: Yes
  • Interior Features:Pantry: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Range: Yes
  • Appliances:ENERGY STAR Qualified Appliances: Yes
  • Interior Features:Tile Counters: Yes

Exterior Features

  • Exterior Features: Rain Gutters
  • Acres: 0.14
  • Home Warranty: Yes
  • Construction Type: Fiber Cement, Low VOC Paint/Sealant/Varnish, Radiant Barrier
  • Patio And Porch Features: Deck
  • Construction Materials:Fiber Cement: Yes
  • Exterior Features:Rain Gutters: Yes
  • Patio And Porch Features:Deck2: Yes
  • Window Features:Insulated Windows: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Open Parking: No
  • Parking Features: Attached, Concrete, Driveway, Garage, Garage Faces Front
  • Parking Features:Attached: Yes
  • Parking Features:Garage: Yes
  • Parking Features:Concrete4: Yes
  • Parking Features:Driveway: Yes
  • Parking Features:Garage Faces Front: Yes
  • General Property Information:Garage Spaces: 2.0
  • General Property Information:Attached Garage YN: Yes
  • General Property Information:Open Parking YN2: No

Utilities

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

Condo/Co-op/Association

  • Association Fee: 150.0
  • Association Fee Frequency: Quarterly
  • Association Name: PPM
  • Phone: 919-848-4911
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: PPM
  • Association Fee Includes:Maintenance Grounds2: Yes
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 150.0
  • General Property Information:Association Fee Frequency: Quarterly

Schools

  • Ninth Grade High School: Durham - Southern
  • Middle Or Junior School: Durham - Neal

Lot Info

  • Lot Dimensions: 50x120x50x120
  • Lot Size Sq Ft: 6000.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 0860259473

Green Features

  • Green Indoor Air Qlty: Ventilation
  • Green Water Conservation: Low-Flow Fixtures
  • Green Energy Efficient:Lighting2: Yes
  • Green Energy Efficient:Thermostat: Yes
  • Green Verification Rating: 63

Tax Info

  • Tax Year: 2023

MLS Schools

  • Elementary School: Durham - Spring Valley

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 11, 2024
Closed on
Mar 26, 2024
Sold by
Kb Home Raleigh Durham Inc
Bought by
Lin Fangyi
Seller's Agent
Calvin Ramsey
Ramsey Realtors Team Inc
Buyer's Agent
Ping Xin
HHome Realty LLC
List Price
$514,992
Sold Price
$514,000
Premium/Discount to List
-$992
-0.19%
Views
19
Current Estimated Value
$521,495

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,495
Avg. Annual Appreciation
1.32%
Original Mortgage
$411,200
Outstanding Balance
$404,771
Interest Rate
6.64%
Mortgage Type
New Conventional
Estimated Equity
$121,252
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lin Fangyi $514,000 None Listed On Document
Lin Fangyi $514,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lin Fangyi $411,200
Closed Lin Fangyi $411,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/26/2024 03/26/24 Sold $514,000 -0.2% $220 / Sq Ft
01/22/2024 01/22/24 Pending -- -- --
01/11/2024 01/11/24 For Sale $514,992 -- $220 / 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 $5,547 $559,595 $100,625 $458,970
2024 $3,373 $241,800 $69,000 $172,800
2023 $904 $69,000 $69,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 10005721

Doorify MLS

APN: 233948