NOT LISTED FOR SALE

Estimated Value: $1,534,000 - $2,393,955

4 Beds
3 Baths
3,441 Sq Ft
$299/mo HOA Fee

Last Sold May 02, 2024

Last sale price $1,380,300 $401 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $11,433/month

36 Days on Market

Highlights

  • New Construction
  • Contemporary Architecture
  • Wood Flooring
  • Lacy Elementary Rated A
  • Vaulted Ceiling
  • Main Floor Bedroom

About This Home

As of May 2024

Modern conception + creative direction lead at LYON, Raleigh’s new boutique duet-style dwelling collection. Boasting curated plans and contemporary selections, these luxury builds deliver effortless elegance + fierce functionality. Enjoy convertible flex space, airy aesthetics, alfresco escapes & even an elevator (in select plans). From hosting to hybrid working, open SQ FT adapts to anything. Easy access to Village District, Hayes Barton & Five Points offers even more to love; experience #LifeonLYON.

Last Agent to Sell the Property

Johnny Chappell

Compass -- Raleigh License #267248 Listed on: 03/31/2023

Compass -- Raleigh

Co-Listed By

Teresa Cope

Compass -- Raleigh License #217013

Last Buyer's Agent

Beth Smoot

NextHome Triangle Properties License #196153

NextHome Triangle Properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $15,832

Year Built

  • Built in 2024 | New Construction

Lot Details

  • End Unit
  • Landscaped

HOA Fees

  • $299 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Private Driveway

Home Design

  • Contemporary Architecture
  • Modernist Architecture
  • Brick Exterior Construction

Interior Spaces

  • 3,441 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Entrance Foyer
  • Family Room with Fireplace
  • Living Room
  • Dining Room
  • Screened Porch

Kitchen

  • Gas Range
  • Range Hood
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • ENERGY STAR Qualified Appliances
  • Quartz Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • Walk-In Closet
  • 3 Full Bathrooms
  • Double Vanity
  • Private Water Closet
  • Bathtub with Shower
  • Shower Only in Primary Bathroom
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on upper level

Attic

  • Permanent Attic Stairs
  • Unfinished Attic

Home Security

Eco-Friendly Details

  • Energy-Efficient Lighting

Outdoor Features

  • Patio
  • Rain Gutters

Schools

  • Lacy Elementary School
  • Oberlin Middle School
  • Broughton High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heat Pump System
  • Tankless Water Heater
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 1704077503

Community Details

Overview

  • Association fees include insurance, ground maintenance, maintenance structure
  • Lyon Condominium Owners Association
  • Built by Concept 8 LLC
  • Lyon Subdivision

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$15,832

Year Built

Built in 2024 | New Construction

Lot Details

0

HOA Fees

$299 per month

Parking

2

Listing Details

  • Builder Name: Concept 8 LLC
  • Year Built: 2024
  • Prop. Type: Residential
  • Reso Association Fee Includes: Insurance, Maintenance Grounds, Maintenance Structure
  • Co List Office Mls Id: 75688
  • Co List Office Phone: 919-726-6548
  • Subdivision Name: Lyon
  • Above Grade Finished Sq Ft: 3441.0
  • Architectural Style: Contemporary, Modern
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: Yes
  • Efficiency: Lighting
  • Effective Year Built: 2024
  • Contract Information Ownership Type: Condominium
  • General Property Information Lot Size Dimensions: 0
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: Yes
  • Appliances Microwave: Yes
  • Flooring Tile: Yes
  • Interior Features BathtubShower Combination: Yes
  • Interior Features Water Closet: 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: 2024-03-01
  • Cooling Zoned: Yes
  • Flooring Hardwood: Yes
  • Interior Features Separate Shower: Yes
  • Levels Two: Yes
  • Property Condition Framed: No
  • Room Types Bedroom 2 Level: Second
  • Room Types Bedroom 3 Level: Second
  • Room Types Bedroom 4 Level: Main
  • Room Types Dining Room2: Yes
  • Room Types Family Room2: Yes
  • Room Types Primary Bedroom Level: Second
  • Laundry Features Upper Level: Yes
  • Appliances Refrigerators: Yes
  • Room Types Living Room2: Yes
  • Interior Features Shower Only: Yes
  • General Property Information Association Phone: TBD
  • Common Walls End Unit: Yes
  • Architectural Style Contemporary: Yes
  • Architectural Style Modernist: Yes
  • Attic Features Unfinished2: Yes
  • General Property Information Enhanced Accessible2: No
  • General Property Information Monthly Association Fees2: 299.0
  • General Property Information Above Grade Finished Area: 3441.0
  • General Property Information Carport YN: No
  • General Property Information Main Level Bedrooms: 1
  • General Property Information Builder Name: Concept 8 LLC
  • Special Features: NewHome
  • Property Sub Type: Condos
  • Year Renovated: 2024

Interior Features

  • Flooring: Hardwood, Tile
  • Interior Amenities: Bathtub/Shower Combination, Ceiling Fan(s), Double Vanity, Entrance Foyer, High Ceilings, Quartz Counters, Separate Shower, Shower Only, Vaulted Ceiling(s), Walk-In Closet(s), Walk-In Shower, Water Closet
  • Appliances: Dishwasher, ENERGY STAR Qualified Appliances, Gas Range, Gas Water Heater, Microwave, Plumbed For Ice Maker, Range Hood, Refrigerator, Tankless Water Heater
  • Basement YN: No
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Family Room, Gas Log
  • Fireplaces: 1
  • Main Level Bedrooms: 1
  • Total Bedrooms: 8
  • Appliances Dishwasher: Yes
  • Appliances:Plumbed For Ice Maker: Yes
  • Appliances:Range Hood: Yes
  • Appliances:Tankless Water Heater: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Interior Features:Double Vanity: Yes
  • Interior Features:Entrance Foyer: Yes
  • Interior Features:High Ceilings: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Walk-In Shower: Yes
  • Fireplace Features:Family Room: Yes
  • Interior Features:Quartz Counters: Yes
  • Appliances:ENERGY STAR Qualified Appliances: Yes
  • Fireplace Features:Gas Log: Yes
  • Appliances:Gas Water Heater: Yes
  • Interior Features:Vaulted Ceiling(s): Yes
  • Appliances:Gas Range: Yes
  • Attic Features:Walk-In Attic: Yes
  • Attic Features:Permanent Stairs: Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Exterior Features: Rain Gutters
  • Common Walls: End Unit
  • Construction Type: Brick, Fiber Cement
  • Patio And Porch Features: Patio, Porch, Screened
  • Construction Materials:Fiber Cement: Yes
  • Exterior Features:Rain Gutters: Yes
  • Lot Features:Landscaped: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Screened: Yes
  • Patio And Porch Features:Patio: Yes
  • Construction Materials:Brick: Yes

Garage/Parking

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

Utilities

  • Heating: Electric, Forced Air, Heat Pump, Zoned
  • Cooling: Heat Pump, Zoned
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Electric4: Yes
  • Heating:Forced Air: Yes
  • Heating:Heat Pump2: Yes
  • Heating:Zoned2: Yes
  • HeatingCooling:Heat Pump: Yes

Condo/Co-op/Association

  • Association Fee: 299.0
  • Association Fee Frequency: Monthly
  • Association Name: Lyon Condominium Owners Association
  • Phone: TBD
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: Lyon Condominium Owners Association
  • Association Fee Includes:Maintenance Grounds2: Yes
  • Association Fee Includes:Insurance2: Yes
  • Association Fee Includes:Maintenance Structure2: Yes
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 299.0
  • General Property Information:Association Fee Frequency: Monthly

Schools

  • Ninth Grade High School: Wake - Broughton
  • Middle Or Junior School: Wake - Oberlin

Lot Info

  • Lot Dimensions: 0
  • Parcel #: 1704077503

Green Features

  • Green Energy Efficient:Lighting2: Yes

Tax Info

  • Tax Year: 2024

MLS Schools

  • Elementary School: Wake - Lacy

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2023
Closed on
Apr 23, 2024
Sold by
Rdu Residential Llc
Bought by
Youmans Scott
Seller's Agent
Johnny Chappell
Compass -- Raleigh
Buyer's Agent
Beth Smoot
NextHome Triangle Properties
List Price
$1,350,000
Sold Price
$1,380,300
Premium/Discount to List
$30,300
2.24%
Views
82
Current Estimated Value
$1,851,318

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$471,018
Avg. Annual Appreciation
22.62%
Original Mortgage
$1,104,240
Outstanding Balance
$1,086,514
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$764,804

Purchase Details

Closed on
Sep 14, 2021
Sold by
Dog Leg Oak Llc
Bought by
Rdu Residential Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,280,000
Interest Rate
2.88%

Purchase Details

Closed on
Oct 4, 2013
Sold by
Shepard Nora Hutton
Bought by
Dog Leg Oak Llc

Purchase Details

Closed on
Oct 11, 2002
Sold by
Hale Robert V and Hale Sandra S
Bought by
Lewis Robert H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
5%

Purchase Details

Closed on
Jul 2, 1998
Sold by
Obiol Carla Suitt and Obiol John A
Bought by
Hale Robert and Hale Sandra S
Source: Public Records

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
Youmans Scott $1,444,500 Allied Title Group Llc
Ramakrishnan Suzanne $1,380,500 Allied Title Group Llc
Rdu Residential Llc $560,000 Title Company Of Nc
Dog Leg Oak Llc -- None Available
Lewis Robert H $170,000 --
Hale Robert $167,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ramakrishnan Suzanne $1,104,240
Closed Ramakrishnan Suzanne $760,000
Previous Owner Rdu Residential Llc $5,280,000
Previous Owner Lewis Robert H $135,000
Closed Lewis Robert H $35,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/02/2024 05/02/24 Sold $1,380,300 +1.1% $401 / Sq Ft
12/15/2023 12/15/23 Off Market $1,365,000 -- --
05/07/2023 05/07/23 Price Changed $1,365,000 +1.1% $397 / Sq Ft
05/06/2023 05/06/23 Pending -- -- --
03/31/2023 03/31/23 For Sale $1,350,000 -- $392 / 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 $15,832 -- -- --
2024 $15,832 $2,664,916 $560,000 $2,104,916
2023 $3,924 $360,000 $360,000 $0
2022 $3,956 $388,692 $360,000 $28,692
2021 $3,802 $388,692 $360,000 $28,692
2020 $3,733 $388,692 $360,000 $28,692
2019 $3,265 $280,046 $225,000 $55,046
2018 $1,545 $280,046 $225,000 $55,046
2017 $2,933 $280,046 $225,000 $55,046
2016 $2,873 $280,046 $225,000 $55,046
2015 $3,152 $302,423 $170,000 $132,423
2014 $2,989 $302,423 $170,000 $132,423
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2502719

Doorify MLS

APN: 1704.05-07-7503-000