NOT LISTED FOR SALE

Estimated Value: $956,000 - $1,059,000

4 Beds
2.5 Baths
2,869 Sq Ft
$348/Sq Ft Est. Value

Last Sold September 27, 2024

Last sale price $950,000 $331 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $6,475/month

7 Days on Market

Highlights

  • Golf Course Community
  • Property is near public transit
  • Solid Surface Countertops
  • Medical Services
  • Wood Flooring
  • Tennis Courts

About This Home

As of September 2024

The spacious feel of a single family without all the maintenance! 16 Gates Lane is young construction that has everything you need exactly where you need it. Relax or entertain in your oversized family room complete with a gas fireplace for cozy winter nights. Feed family and friends in the open kitchen and dining area, or step out of your slider onto the first floor patio and your giant, private, partially fenced yard. At night, four bedrooms welcome you upstairs, including a primary suite with bathroom and walk in closet. Plenty of storage, a bonus play room/office and a 2 car garage with ample driveway parking make this home functional and beautiful. The large basement is unfinished and offers the perfect workshop or opportunity to create more living area. The location is excellent with the Greenwood Commuter rail stop a mere 5 minute walk away along with restaurants, playgrounds and trails all within easy walking distance. Join us for open houses 12-1:30 Sat/Sun. Offers 9/10@12N.

Last Agent to Sell the Property

Kristin Weekley

Leading Edge Real Estate Listed on: 09/03/2024

Last Buyer's Agent

Lucia Ponte

Trinity Real Estate

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $10,461

Year Built

  • Built in 2009

HOA Fees

  • $400 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Off-Street Parking

Home Design

  • Entry on the 1st floor
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 2,869 Sq Ft Home
  • 2-Story Property
  • Insulated Windows
  • Entrance Foyer
  • Living Room with Fireplace
  • Home Office
  • Basement

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Solid Surface Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary bedroom located on second floor
  • Walk-In Closet
  • Bathtub with Shower
  • Separate Shower

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Patio

Location

  • Property is near public transit
  • Property is near schools

Schools

  • Superintendent Elementary School
  • Galvin Middle School
  • WMHS High School

Utilities

  • Forced Air Heating and Cooling System
  • 2 Cooling Zones
  • 2 Heating Zones
  • Heating System Uses Natural Gas
  • 200+ Amp Service

Listing and Financial Details

  • Assessor Parcel Number M:000023 B:0144 P:0GL072,4772607

Community Details

Overview

  • Association fees include insurance, maintenance structure, ground maintenance, snow removal, reserve funds
  • 24 Units
  • Gates Of Greenwood Community

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Golf Course Community
  • Tennis Courts
  • Park
  • Jogging Path
  • Bike Trail

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$10,461

Year Built

Built in 2009

Lot Details

0

HOA Fees

$400 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Townhouse
  • Year Built: 2009
  • Entry Level: 1
  • Year Built Details: Approximate
  • Year Round: Yes
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 2

Interior Features

  • Flooring: Wood, Tile, Flooring - Hardwood
  • Interior Amenities: Entrance Foyer, Office
  • Fireplace Features: Living Room
  • Fireplace YN: Yes
  • Fireplaces: 1
  • Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
  • Total Bedrooms: 4
  • Room Bedroom2 Level: Second
  • Room Bedroom2 Features: Flooring - Hardwood
  • Room Bedroom3 Features: Flooring - Hardwood
  • Room Bedroom3 Level: Second
  • Room Bedroom4 Level: Second
  • Room Bedroom4 Features: Flooring - Hardwood
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Room Master Bedroom Features: Bathroom - Full, Walk-In Closet(s), Flooring - Hardwood
  • Room Master Bedroom Level: Second
  • Master Bathroom Features: Yes
  • Bathroom 1 Features: Bathroom - Half
  • Bathroom 1 Level: First
  • Bathroom 2 Level: Second
  • Bathroom 2 Features: Bathroom - Full, Bathroom - Tiled With Tub & Shower
  • Bathroom 3 Features: Bathroom - Tiled With Shower Stall
  • Bathroom 3 Level: Second
  • Room Dining Room Features: Flooring - Hardwood
  • Room Dining Room Level: First
  • Room Kitchen Level: First
  • Room Kitchen Features: Flooring - Wood, Countertops - Stone/Granite/Solid, Stainless Steel Appliances
  • Laundry Features: First Floor, In Unit
  • Room Living Room Level: First
  • Room Living Room Features: Flooring - Hardwood
  • Room Office Level: First
  • Room Office Features: Flooring - Hardwood
  • Basement: Y
  • Living Area: 2869
  • Spa YN: No
  • Stories Total: 2
  • Window Features: Insulated Windows
  • MAIN LO: AN4643
  • MAIN SO: AN6934
  • Insulation: Full

Exterior Features

  • Exterior Features: Patio
  • Construction Materials: Frame
  • Home Warranty YN: No
  • Patio And Porch Features: Patio
  • Roof: Shingle
  • Waterfront Features: Beach Front, Lake/Pond, 1 to 2 Mile To Beach, Beach Ownership(Public)
  • Waterfront YN: No

Garage/Parking

  • Garage Spaces: 2
  • Attached Garage YN: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Garage YN: Yes
  • Parking Features: Attached, Off Street
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Cooling Y N: Yes
  • Electric: 200+ Amp Service
  • Heating YN: Yes
  • Water Source: Public
  • HEAT ZONES: 2
  • COOLING ZONES: 2

Condo/Co-op/Association

  • Association Fee: 400
  • Association Fee Frequency: Monthly
  • Community Features: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Private School, Public School, T-Station
  • Senior Community YN: No
  • MANAGEMENT: Professional - Off Site
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Reserve Funds

Lot Info

  • Parcel Number: M:000023 B:0144 P:0GL072,4772607
  • Zoning: GR
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • OUTDOOR SPACE AVAILABLE: Yes - Private
  • ResoLotSizeUnits: Acres

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 10461

Multi Family

  • Number Of Units Total: 24
  • Basement Included Sq Ft: No

MLS Schools

  • High School: Wmhs
  • Elementary School: Superintendent
  • Middle Or Junior School: Galvin

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 4, 2019
Closed on
Apr 30, 2019
Sold by
Zhang Yunpeng and Zhang Lan
Bought by
Reading William F and Reading Marty Ashley
Seller's Agent
Yunpeng Zhang
Dreamega International Realty LLC
Buyer's Agent
Mary Jo Peterson
MJ Peterson Residential Brokerage
List Price
$688,000
Sold Price
$688,000
Current Estimated Value
$999,823

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$311,823
Avg. Annual Appreciation
5.93%
Original Mortgage
$550,400
Outstanding Balance
$483,913
Interest Rate
4.2%
Mortgage Type
New Conventional
Estimated Equity
$515,910

Purchase Details

Closed on
May 7, 2010
Sold by
Gates Of Greenwood Llc
Bought by
Zhang Yunpeng and Zhang Lan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Interest Rate
5.03%
Mortgage Type
Purchase Money Mortgage
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
Reading William F $688,000 --
Zhang Yunpeng $550,000 --
Zhang Yunpeng $550,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reading William F $550,400
Previous Owner Zhang Yunpeng $412,500
Previous Owner Zhang Yunpeng $25,000
Previous Owner Zhang Yunpeng $440,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/27/2024 09/27/24 Sold $950,000 +9.2% $331 / Sq Ft
09/10/2024 09/10/24 Pending -- -- --
09/03/2024 09/03/24 For Sale $869,900 +26.4% $303 / Sq Ft
05/03/2019 05/03/19 Sold $688,000 0.0% $240 / Sq Ft View Prior Sale
03/08/2019 03/08/19 Pending -- -- --
02/04/2019 02/04/19 For Sale $688,000 0.0% $240 / Sq Ft
07/15/2017 07/15/17 Rented $3,250 0.0% --
06/28/2017 06/28/17 Under Contract -- -- --
06/05/2017 06/05/17 For Rent $3,250 -- --
Source: MLS Property Information Network (MLS PIN)

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 $10,106 $890,400 $0 $890,400
2024 $10,461 $929,900 $0 $929,900
2023 $10,057 $857,400 $0 $857,400
2022 $9,750 $791,400 $0 $791,400
2021 $8,379 $658,200 $0 $658,200
2020 $8,126 $636,300 $0 $636,300
2019 $7,600 $592,400 $0 $592,400
2018 $7,666 $592,000 $0 $592,000
2017 $7,143 $548,200 $0 $548,200
2016 $7,217 $535,000 $0 $535,000
2015 $7,069 $524,400 $0 $524,400
2014 $6,573 $514,300 $0 $514,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73284460

MLS Property Information Network (MLS PIN)

APN: WAKE-000023-000144-000000GL-000072