NOT LISTED FOR SALE

1601 Farm Lake Dr Holly Springs, NC 27540

Estimated Value: $433,000 - $496,000

3 Beds
2 Baths
1,465 Sq Ft
$324/Sq Ft Est. Value

Last Sold March 02, 2023

Last sale price $452,000 $309 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $2,768/month

2 Days on Market

Highlights

  • 0.46 Acre Lot
  • Ranch Style House
  • Quartz Countertops
  • Fuquay-Varina High Rated A-
  • Wood Flooring
  • No HOA

About This Home

As of March 2023

Amazing Ranch in Twin Lake Farm! Beautifully updated home with stunning Engineered Wood Floors, Family Room with Exposed Brick Fireplace. Kitchen includes Stainless KitchenAid Appls, Quartz Counters, Cabinets w/Under-Mount Lights & Soft Close Drawers, Kohler Vault Sink, Walk-in Pantry w/Sliding Door, and Dining Area. Owners Bedroom features a Coffered Ceiling, Walk-in Closet, Cultured Marble Double Vanity and Tiled Shower. Nice Size Secondary Bedrooms & Updated Hall Bath. Relax after a long day in the Plunge Pool with Pergola or enjoy entertaining on the Covered Patio. The Fenced Backyard adds Privacy. There's also a "She-Shed" with A/C and a Dream Detached GARAGE/Workshop. No HOA! 2022 Updates: New Windows, Door Hardware, Exterior Painted w/New Board & Batten Siding, Copper Gutters, and a New Heat Pump! Located close to SouthPark Village Shopping, Holly Springs Towne Center, downtown Holly Springs, downtown Fuquay-Varina, Parish Womble Park, Ting Park, and easy access to US-1, Hwy 55 By-pass and the Triangle Expressway/I-540!

Last Agent to Sell the Property

Linda Trevor

Compass -- Cary License #190844 Listed on: 01/19/2023

Compass -- Cary

Last Buyer's Agent

David Worters

Compass -- Raleigh License #272896

Compass -- Raleigh

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,847

Year Built

  • Built in 1993

Lot Details

  • 0.46 Acre Lot
  • Fenced Yard
  • Landscaped
  • Property is zoned RA

Parking

  • 2 Car Garage
  • Private Driveway

Home Design

  • Ranch Style House
  • Transitional Architecture
  • Traditional Architecture
  • Brick Exterior Construction
  • Board and Batten Siding

Interior Spaces

  • 1,465 Sq Ft Home
  • Coffered Ceiling
  • Smooth Ceilings
  • Ceiling Fan
  • Wood Burning Fireplace
  • Fireplace Features Masonry
  • Family Room with Fireplace
  • Combination Kitchen and Dining Room
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Dishwasher
  • Quartz Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Double Vanity
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry in Hall
  • Laundry on main level

Attic

  • Pull Down Stairs to Attic
  • Unfinished Attic

Accessible Home Design

  • Accessible Washer and Dryer

Outdoor Features

  • Covered Patio or Porch
  • Rain Gutters

Schools

  • Lincoln Height Elementary School
  • Fuquay Varina Middle School
  • Fuquay Varina High School

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Association fees include unknown
  • Twin Lake Farm Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,847

Year Built

Built in 1993

Lot Details

0

Parking

2

Listing Details

  • Year Built: 1993
  • Prop. Type: Residential
  • Reso Association Fee Includes: Unknown, None
  • Subdivision Name: Twin Lake Farm
  • Above Grade Finished Sq Ft: 1465.0
  • Architectural Style: Ranch, Traditional, Transitional
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Contract Information Ownership Type: Other
  • General Property Information Lot Size Dimensions: See Survey
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: Yes
  • Appliances Microwave: Yes
  • Architectural Style Ranch: Yes
  • Architectural Style Transitional: Yes
  • Attic Features Pull-Down Stairs: Yes
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Interior Features BathtubShower Combination: Yes
  • Interior Features KitchenDining Room Combination: Yes
  • Laundry Features Main Level: Yes
  • Levels One: Yes
  • Security Features Smoke Detector(s): Yes
  • Structure Type Site Built: Yes
  • Flooring Carpet: Yes
  • Flooring Hardwood: Yes
  • Interior Features Smooth Ceilings: Yes
  • Room Types Bedroom 2 Level: M
  • Room Types Bedroom 3 Level: M
  • Room Types Dining Room2: Yes
  • Room Types Family Room2: Yes
  • Architectural Style Traditional: Yes
  • Room Types Primary Bedroom Level: M
  • Appliances Refrigerators: Yes
  • Laundry Features In Hall: Yes
  • Attic Features Unfinished2: Yes
  • Water Source Community Water: Yes
  • General Property Information Above Grade Finished Area: 1465.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 20037.6
  • General Property Information Lot Size Acres: 0.46
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Hardwood, Tile
  • Interior Amenities: Bathtub/Shower Combination, Ceiling Fan(s), Coffered Ceiling(s), Double Vanity, Eat-in Kitchen, Kitchen/Dining Room Combination, Pantry, Primary Downstairs, Quartz Counters, Smooth Ceilings, Walk-In Closet(s), Walk-In Shower
  • Basement: Crawl Space
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Family Room, Masonry, Wood Burning
  • Fireplaces: 1
  • Total Bedrooms: 6
  • Appliances Dishwasher: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Interior Features:Double Vanity: Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Primary Downstairs: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Walk-In Shower: Yes
  • Basement:Crawl Space: Yes
  • Fireplace Features:Family Room: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Interior Features:Quartz Counters: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Range: Yes
  • Fireplace Features:Masonry: Yes
  • Fireplace Features:Wood Burning: Yes
  • Interior Features:Coffered Ceiling(s): Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Exterior Features: Fenced Yard, Rain Gutters
  • Acres: 0.46
  • Construction Type: Board & Batten Siding, Brick
  • Patio And Porch Features: Covered, Patio, Porch
  • Accessibility Features:Accessible WasherDryer: Yes
  • Exterior Features:Rain Gutters: Yes
  • Lot Features:Landscaped: Yes
  • Patio and Porch Features:Porch: Yes
  • Construction Materials:Board Batten Siding: Yes
  • Patio And Porch Features:Covered2: Yes
  • Patio And Porch Features:Patio: Yes
  • Exterior Features:Fenced - Yard: Yes
  • Construction Materials:Brick: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Concrete, Detached, Driveway, Garage
  • Parking Features:Attached: Yes
  • Parking Features:Garage: Yes
  • Parking Features:Concrete4: Yes
  • Parking Features:Driveway: Yes
  • Parking Features:Detached: Yes
  • General Property Information:Garage Spaces: 2.0

Utilities

  • Heating: Electric, Heat Pump
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Community Water
  • Heating:Electric4: Yes
  • Heating:Heat Pump2: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Ninth Grade High School: Wake - Fuquay Varina
  • Middle Or Junior School: Wake - Fuquay Varina

Lot Info

  • Zoning: RA
  • Lot Dimensions: See Survey
  • Lot Size Sq Ft: 20037.6
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1847.0
  • Tax Year: 2022
  • Tax Map Number: 16507 1347

MLS Schools

  • Elementary School: Wake - Lincoln Height

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 19, 2023
Closed on
Feb 22, 2023
Sold by
Terry Devin C and Terry Angela
Bought by
Hession Regan Kathleen and Hession Thomas Joseph
Seller's Agent
Linda Trevor
Compass -- Cary
Buyer's Agent
David Worters
Compass -- Raleigh
List Price
$425,000
Sold Price
$452,000
Premium/Discount to List
$27,000
6.35%
Views
49
Current Estimated Value
$474,113

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,113
Avg. Annual Appreciation
1.83%
Original Mortgage
$406,800
Outstanding Balance
$392,642
Interest Rate
5.75%
Mortgage Type
New Conventional
Estimated Equity
$81,471

Purchase Details

Closed on
Aug 26, 2016
Sold by
Jones Trilton Braxton and Jones Sandra Roach
Bought by
Terry Devin C and Terry Angela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,000
Interest Rate
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 28, 2004
Sold by
Gipson Ronald D and Gipson Shawn M
Bought by
Jones Trilton Braxton and Jones Sandra Roach

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,600
Interest Rate
5.88%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 31, 1998
Sold by
Lee Daniel Elton
Bought by
Gipson Ronald D and Gipson Shawn M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,900
Interest Rate
6.97%
Source: Public Records

Range of Values:

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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
Hession Regan Kathleen $452,000 --
Terry Devin C $205,000 None Available
Jones Trilton Braxton $148,000 Investors Title Insurance Co
Gipson Ronald D $132,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hession Regan Kathleen $406,800
Previous Owner Terry Devin C $205,000
Previous Owner Jones Trilton Braxton $145,600
Previous Owner Gipson Ronald D $117,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/15/2023 12/15/23 Off Market $452,000 -- --
03/02/2023 03/02/23 Sold $452,000 +6.4% $309 / Sq Ft
01/21/2023 01/21/23 Pending -- -- --
01/19/2023 01/19/23 For Sale $425,000 -- $290 / 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 $3,021 $469,241 $110,000 $359,241
2024 $2,934 $469,241 $110,000 $359,241
2023 $1,994 $253,114 $62,000 $191,114
2022 $1,848 $253,114 $62,000 $191,114
2021 $1,799 $253,114 $62,000 $191,114
2020 $1,769 $253,114 $62,000 $191,114
2019 $1,591 $192,404 $62,000 $130,404
2018 $1,464 $192,404 $62,000 $130,404
2017 $1,388 $192,404 $62,000 $130,404
2016 $1,360 $192,404 $62,000 $130,404
2015 $1,191 $168,548 $38,000 $130,548
2014 $1,129 $168,548 $38,000 $130,548
Source: Public Records

Agents Affiliated with this Home

  • Linda Trevor

    Seller's Agent in 2023

    Linda Trevor

    Compass -- Cary

    (919) 730-7746

    77 in this area

    981 Total Sales

    Linda Trevor
    Section Image
  • David Worters

    Buyer's Agent in 2023

    David Worters

    Compass -- Raleigh

    (919) 985-3069

    11 in this area

    253 Total Sales

    David Worters
    Section Image
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Map

Source: Doorify MLS

MLS Number: 2491172

Doorify MLS

APN: 0657.01-46-7192-000

North Carolina Wake County Holly Springs

1601 Farm Lake Dr, Holly Springs, NC

This home is located at 1601 Farm Lake Dr, Holly Springs, NC 27540 since 19 January 2023 and is currently estimated at $474,113, approximately $323 per square foot. This property was built in 1993. 1601 Farm Lake Dr is a home located in Wake County with nearby schools including Fuquay-Varina High and Southern Wake Academy.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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