$2,900,000
SOLD FEB 28, 2025

155 Settlement Dr Apex, NC 27523

10.98 Acres
$264,117 Price per Acre
478,289 Sq Ft Lot

Recently Sold

7% Below List Price

387 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Water Views
  • Horses Allowed On Property
  • North Chatham Elementary School Rated A-
  • Barn
  • Dock Permitted

About This Lot

As of February 2025

Welcome to Cavallino Ranch...11 open & wooded acres, w/pond frontage, in Exclusive Heritage Pointe INCLUDING this English-style Barn with attached luxury living quarters - just finished! Tucked away in Apex, NC/Chatham County-the best of both worlds-seclusion & convenience! Not your typical barn, stables & quarters though. Thoughtfully named for the Cavallino horse and is perfect blend of rustic luxury & modern comfort, making it a haven for horses & a retreat for their owners! As you enter the property, you'll be captivated by its timeless appeal. The distinctively sloped shake roof, custom cypress siding, steel windows and doors seamlessly merge with the natural surroundings. Form meets function here for up to 4 horses & their caretakers alike. All 4 breeding sized horse stalls are complete w/ padded floors, custom steel windows & automatic waterers. Also in the barn you'll find a wash stall, state of the art feed room & an impressive tack & laundry room. In the attached living quarters you'll be welcomed by completely custom & luxurious finishes throughout - white oak, solid brass, steel, quartzite, tall windows & Views!

Last Agent to Sell the Property

Debbie VanHorn

Compass -- Raleigh License #234538 Listed on: 10/25/2023

Compass -- Raleigh

Co-Listed By

Kristen Lampuri

Compass -- Raleigh License #206528

Last Buyer's Agent

Michael Wolgin

The Wolgin Real Estate Group License #268845

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,422

Lot Details

  • 10.98 Acre Lot
  • Property fronts a private road
  • Fenced
  • Level Lot
  • Open Lot
  • Irrigation Equipment
  • Grass Covered Lot

HOA Fees

  • $162 Monthly HOA Fees

Property Views

  • Water Views

Schools

  • N Chatham Elementary School
  • Margaret B Pollard Middle School
  • Seaforth High School

Farming

  • Barn
  • Pasture

Horse Facilities and Amenities

  • Horses Allowed On Property
  • Grass Field

Utilities

  • Shared Well
  • Conventional Septic
  • Perc Test On File For Septic Tank
  • Cable TV Available

Community Details

Overview

  • Heritage Pointe Association, Phone Number (919) 795-0356
  • Heritage Pointe Subdivision

Recreation

  • Deeded Waterfront Access Rights
  • No Personal Watercraft
  • Dock Permitted

Property Details

Property Type

Land

Est. Annual Taxes

$4,422

Lot Details

0

HOA Fees

$162 per month

Listing Details

  • Prop. Type: Land
  • Horses: Yes
  • Road Frontage Type: Private Road
  • Road Surface Type: Asphalt
  • Co List Office Phone: 919-726-6548
  • Subdivision Name: Heritage Pointe
  • General Property Information Lot Size Dimensions: See survey
  • Utilities Cable Available: Yes
  • Remarks and Miscellaneous Syndication Remarks2: Welcome to Cavallino Ranch...11 open & wooded acres, w/pond frontage, in Exclusive Heritage Pointe FEATURING an English-style Barndominium. Tucked away in Apex, NC/Chatham County-seclusion & convenience! Not your typical barn, stables & quarters though. Named for the Cavallino horse, this property embodies the name w/ its perfect blend of rustic luxury & modern comfort, making it a haven for horses, and a retreat for their owners! The pictures help us tell the story & the list of features is endless.
  • General Property Information Association Phone: (919) 795-0356
  • Other Equipment Irrigation Equipment: Yes
  • General Property Information Horse YN2: Yes
  • Utilities Electricity Available: Yes
  • Utilities Natural Gas Available: Yes
  • Utilities Water Available: Yes
  • Water Source Shared Well: Yes
  • General Property Information Monthly Association Fees2: 162.0
  • Lot Water Features Water View: Yes
  • Waterfront Access Deeded Access: Yes
  • Fencing Fenced: Yes
  • Vegetation Grassed: Yes
  • Other Structures Barn(s): Yes
  • Sewer Perc Test On File: Yes
  • Sewer Conventional3: Yes
  • General Property Information Lot Size Square Feet2: 478463.04
  • Lot Water Features No Motor Watercraft: Yes
  • Lot Water Features Dock Permit Obtained: Yes
  • General Property Information Lot Size Acres: 10.984
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Exterior Features

  • Fencing: Fenced
  • Acres: 10.98
  • Lot Features:Open Lot: Yes
  • Lot Features:Level: Yes
  • Lot Features:Pasture2: Yes

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Water Available
  • Water Source: Shared Well

Condo/Co-op/Association

  • Association Name: HERITAGE POINTE
  • Phone: 919-795-0356
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: HERITAGE POINTE
  • General Property Information:Association YN: Yes

Schools

  • Ninth Grade High School: Chatham - Seaforth
  • Middle Or Junior School: Chatham - Margaret B Pollard

Lot Info

  • Current Use: Cattle, Grazing, Horses, Livestock, Vacant
  • Lot Dimensions: See survey
  • Lot Size Sq Ft: 478463.04
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4422.0
  • Tax Year: 2023
  • Tax Map Number: 0080927

MLS Schools

  • Elementary School: Chatham - N Chatham

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 25, 2023
Closed on
Feb 18, 2025
Sold by
Lampuri Anthony
Bought by
Cook Jeffrey and Cook Jaclyn G
Seller's Agent
Debbie VanHorn
Compass -- Raleigh
Buyer's Agent
Michael Wolgin
The Wolgin Real Estate Group
List Price
$3,125,000
Sold Price
$2,900,000
Premium/Discount to List
-$225,000
-7.2%
Views
589
Current Estimated Value
$2,840,165

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$59,835
Avg. Annual Appreciation
-2.27%
Original Mortgage
$2,100,000
Outstanding Balance
$1,860,712
Interest Rate
7.04%
Mortgage Type
Credit Line Revolving
Estimated Equity
$979,453

Purchase Details

Closed on
Jul 12, 2023
Sold by
Lampuri Allison
Bought by
Lampuri Anthony

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
6.79%
Mortgage Type
FHA

Purchase Details

Closed on
May 28, 2020
Sold by
Hernandez Gilda and Holste Brian
Bought by
Lampuri Anthony and Lampuri Allison

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,625
Interest Rate
3.3%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 27, 2017
Sold by
Seandev Lp
Bought by
Haernandez Gilda and Holste Brian

Purchase Details

Closed on
Dec 12, 2003
Sold by
Chatham Development Corp
Bought by
Seandev Limited Partnership
Source: Public Records
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Purchase History

Date Type Sale Price Title Company
Warranty Deed $2,900,000 None Listed On Document
Special Warranty Deed -- None Listed On Document
Warranty Deed $427,500 None Available
Warranty Deed $363,000 None Available
Warranty Deed $290,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $2,100,000 Credit Line Revolving
Previous Owner $1,000,000 FHA
Previous Owner $320,625 Unknown
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/28/2025 02/28/25 Sold $2,900,000 -3.3% --
11/15/2024 11/15/24 Pending -- -- --
07/26/2024 07/26/24 Price Changed $3,000,000 -4.0% --
03/11/2024 03/11/24 For Sale $3,125,000 +7.8% --
02/29/2024 02/29/24 Off Market $2,900,000 -- --
10/25/2023 10/25/23 For Sale $3,125,000 -- --
Source: Doorify MLS

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 $8,273 $1,156,065 $719,424 $436,641
2024 $8,273 $806,480 $467,712 $338,768
2023 $5,216 $543,917 $446,112 $97,805
2022 $3,508 $448,033 $446,112 $1,921
2021 $3,463 $448,033 $446,112 $1,921
2020 $2,703 $347,436 $346,236 $1,200
2019 $2,703 $347,436 $346,236 $1,200
2018 $2,540 $347,436 $346,236 $1,200
2017 $2,540 $347,436 $346,236 $1,200
2016 $2,561 $347,586 $346,236 $1,350
2015 $2,520 $347,586 $346,236 $1,350
2014 $2,468 $347,586 $346,236 $1,350
2013 -- $372,303 $370,953 $1,350
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2538945

Doorify MLS

APN: 80927