NOT LISTED FOR SALE

1605 Twin Lake Dr Holly Springs, NC 27540

Estimated Value: $697,000 - $809,000

3 Beds
4 Baths
3,260 Sq Ft
$232/Sq Ft Est. Value

Last Sold August 30, 2024

Last sale price $779,000 $239 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $4,399/month

12 Days on Market

Highlights

  • Lake Front
  • Docks
  • 0.48 Acre Lot
  • Fuquay-Varina High Rated A-
  • In Ground Pool
  • Community Lake

About This Home

As of August 2024

Rare find, absolutely stunning, just meticulously updated, like new custom craftsmanship home, with breathtaking LAKE/POND VIEW right at the back yard. Wake up every day in the first floor master bedroom and feel like you live by the water and are on vacation. Master bathroom has spacious spa like bath with custom tiles, whirlpool tub, and separate shower. The sprawling house with many rooms provides ample space for home offices, relaxation and entertainment. House built with Brazilian cherry hardwoods and high end materials throughout. Masterpiece kitchen with quartz countertops and gas cooktop. Tankless water heater. No HOA. Have endless fun fishing at your back yard and playing remote control speed boat with your kids. Evaluated in-ground pool with maintenance free composite deck boards all around. Septic permit is for 3 bedrooms. Pick any 3 of the 6 rooms for bedrooms, and each family member use the rest for his/her own office or study room. House boasts a detached 2-car garage/work shop with ample storage space, and an air conditioned attached 2-car 17.7'X29' garage with beautiful epoxy coating, making it perfect for gym or work shop, but is not counted as property total square footage in price. A 2nd floor room with its own entrance and deck access can be a perfect guest room or Airbnb operation. The list of upgrades and exquisite features goes on, promising modern and stylish comfort. Got to see it to appreciate. Some pictures are virtual staged to illustrate the potential. Preferred lender credit of $3,000 available. Flexible closing time.

Last Agent to Sell the Property

Peter Cheng

Southern Properties Group Inc. License #280049 Listed on: 07/06/2024

Last Buyer's Agent

Cristine Allison

Compass -- Raleigh License #288763

Compass -- Raleigh

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,132

Year Built

  • Built in 1994 | Remodeled

Lot Details

  • 0.48 Acre Lot
  • Lake Front
  • Private Entrance
  • Cleared Lot
  • Back and Front Yard

Parking

  • 3 Car Attached Garage

Property Views

  • Lake
  • Pond

Home Design

  • Transitional Architecture
  • Permanent Foundation
  • Raised Foundation
  • Shingle Roof
  • Shake Siding

Interior Spaces

  • 3,260 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Bookcases
  • Ceiling Fan
  • Gas Fireplace
  • Sliding Doors
  • Family Room with Fireplace
  • Breakfast Room
  • Dining Room
  • Home Office
  • Loft
  • Bonus Room
  • Storage
  • Laundry on main level
  • Basement
  • Crawl Space
  • Attic

Kitchen

  • Built-In Electric Oven
  • Built-In Gas Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Stainless Steel Appliances
  • Smart Appliances
  • Quartz Countertops
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • In-Law or Guest Suite
  • 4 Full Bathrooms

Outdoor Features

  • In Ground Pool
  • Docks
  • Deck
  • Separate Outdoor Workshop
  • Outdoor Storage
  • Front Porch

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Vented Exhaust Fan
  • Tankless Water Heater
  • Water Purifier
  • Septic Tank

Community Details

  • No Home Owners Association
  • Twin Lake Farm Subdivision
  • Community Lake

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 0657.02-55-4598.000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,132

Year Built

Built in 1994 | Remodeled

Lot Details

0

Parking

3

Listing Details

  • Year Built: 1994
  • Prop. Type: Residential
  • Road Frontage Type: Lakefront, Waterfront
  • Road Surface Type: Asphalt
  • Subdivision Name: Twin Lake Farm
  • Above Grade Finished Sq Ft: 3260.0
  • Architectural Style: Transitional
  • Garage Yn: Yes
  • Unit Levels: Bi-Level
  • New Construction: No
  • General Property Information Above Grade Unfinished Area: 1044.0
  • General Property Information Total Unfinished Area2: 1044.0
  • General Property Information Basement YN: Yes
  • General Property Information Fireplace YN: Yes
  • Appliances Microwave: Yes
  • Architectural Style Transitional: Yes
  • Cooling Central Air: Yes
  • Laundry Features Main Level: Yes
  • Flooring Ceramic Tile: Yes
  • Flooring Hardwood: Yes
  • Room Types Bedroom 2 Level: Main
  • Room Types Bedroom 3 Level: Second
  • Room Types Bonus Room: Yes
  • Room Types Dining Room2: Yes
  • Room Types Family Room2: Yes
  • Room Types Office: Yes
  • Room Types Primary Bedroom Level: Main
  • Room Types Loft: Yes
  • Appliances Refrigerators: Yes
  • Room Types Breakfast Room: Yes
  • In-Law Suite Details Main Foor: Yes
  • Other Structures Workshop: Yes
  • In-Law Suite Details Separate Entry: Yes
  • Water Source Community Water: Yes
  • Pool Features In Ground: Yes
  • General Property Information Enhanced Accessible2: No
  • Roof:Shingle: Yes
  • Lot Water Features Water View: Yes
  • Pool Features Private4: Yes
  • Lot Water Features Waterfront3: Yes
  • General Property Information Above Grade Finished Area: 3260.0
  • Vegetation Cleared2: Yes
  • Cooling Ceiling Fan(s): Yes
  • Common Walls No Common Walls: Yes
  • Property Condition UpdatedRemodeled: Yes
  • Foundation Details Permanent: Yes
  • ViewPond: Yes
  • Frontage Type Lakefront: Yes
  • View Lake2: Yes
  • General Property Information Lot Size Square Feet2: 20909.0
  • Foundation Details Raised: Yes
  • View Water3: Yes
  • Levels Bi-Level: Yes
  • General Property Information Lot Size Acres: 0.48
  • Frontage Type Waterfront4: Yes
  • General Property Information Stories2: 2
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Flooring: Ceramic Tile, Hardwood
  • Interior Amenities: Bookcases, Built-in Features, Ceiling Fan(s), In-Law Floorplan, Quartz Counters, Storage, Walk-In Closet(s)
  • Basement: Crawl Space
  • Appliances: Built-In Electric Oven, Built-In Gas Range, Dishwasher, Disposal, Ice Maker, Microwave, Refrigerator, Smart Appliance(s), Stainless Steel Appliance(s), Tankless Water Heater, Vented Exhaust Fan, Water Purifier
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Total Bedrooms: 3
  • Door Features: Sliding Doors
  • Fireplace Features: Family Room, Gas
  • Fireplaces: 1
  • Total Bedrooms: 12
  • Stories: 2
  • Appliances Dishwasher: Yes
  • Appliances:Tankless Water Heater: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Basement:Crawl Space: Yes
  • Fireplace Features:Family Room: Yes
  • Interior Features:Quartz Counters: Yes
  • Interior Features:Storage3: Yes
  • Fireplace Features:Gas4: Yes
  • Interior Features:Bookcases: Yes
  • Attic Features:Walk-In Attic: Yes
  • Interior Features:In-Law Floorplan: Yes
  • Appliances:Water Purifier: Yes
  • Appliances:Stainless Steel Appliance(s): Yes
  • Fireplace Features:Fireplaces Total: 1
  • Appliances:Ice Maker: Yes
  • Appliances:Vented Exhaust Fan: Yes
  • Interior Features:Built-in Features: Yes
  • Community Features:Lake: Yes
  • Appliances:Built-In Gas Range: Yes
  • Appliances:Built-In Electric Oven: Yes
  • Appliances:Smart Appliance(s): Yes

Exterior Features

  • Roof: Shingle
  • Exterior Features: Dock, Private Entrance, Storage
  • Acres: 0.48
  • Disclosures: Seller Disclosure
  • Home Warranty: Yes
  • Common Walls: No Common Walls
  • Construction Type: Fiber Cement, Shake Siding
  • Foundation Details: Permanent, Raised
  • Patio And Porch Features: Deck, Front Porch
  • Construction Materials:Fiber Cement: Yes
  • Patio And Porch Features:Deck2: Yes
  • Construction Materials:Shake Siding: Yes
  • Exterior Features:Storage2: Yes
  • Lot Features:Back Yard2: Yes
  • Patio And Porch Features:Front Porch: Yes
  • Lot Features:Front Yard2: Yes
  • Door Features:Sliding Doors: Yes
  • Lot Features:Views: Yes
  • Exterior Features:Private Entrance: Yes
  • Exterior Features:Dock: Yes
  • Lot Features:Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Open Parking: No
  • Parking Features: Garage
  • Total Parking Spaces: 3.0
  • Parking Features:Garage: Yes
  • General Property Information:Garage Spaces: 3.0
  • General Property Information:Attached Garage YN: Yes
  • General Property Information:Parking Total: 3.0
  • General Property Information:Open Parking YN2: No

Utilities

  • Heating: Fireplace(s), Forced Air, Heat Pump
  • Cooling: Ceiling Fan(s), Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Community Water
  • Heating:Forced Air: Yes
  • Heating:Heat Pump2: Yes
  • Sewer Septic Tank: Yes
  • Heating:Fireplace(s): Yes

Condo/Co-op/Association

  • Community Features: Lake
  • 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

  • Lot Size Sq Ft: 20909.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 0657.02-55-4598.000

Tax Info

  • Tax Annual Amount: 3131.78
  • Tax Year: 2023
  • Tax Map Number: 33

MLS Schools

  • Elementary School: Wake - Lincoln Height

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 6, 2024
Closed on
Aug 22, 2024
Sold by
Direct Source Realty Llc
Bought by
Freeman Marice and Freeman Charles C
Seller's Agent
Peter Cheng
Southern Properties Group Inc.
Buyer's Agent
Cristine Allison
Compass -- Raleigh
List Price
$779,000
Sold Price
$779,000
Views
37
Current Estimated Value
$756,826

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$22,174
Avg. Annual Appreciation
-2.57%
Original Mortgage
$687,487
Outstanding Balance
$679,557
Interest Rate
6.77%
Mortgage Type
VA
Estimated Equity
$77,269

Purchase Details

Closed on
Mar 1, 2024
Sold by
Hughes Hal Elliott
Bought by
Direct Source Realty Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$680,000
Interest Rate
6.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 13, 2022
Sold by
Proveanx Garland Eloise
Bought by
Hughes Hai Elliott

Purchase Details

Closed on
Mar 10, 2020
Sold by
Hughes Hal Elliott
Bought by
Hughes Hal Elliott and Garland Eloise Proveaux

Purchase Details

Closed on
Mar 9, 2020
Sold by
Hughes Melanie E
Bought by
Hughes Hal Elliott

Purchase Details

Closed on
Aug 19, 2013
Sold by
Garland Eloise P
Bought by
Hughes Ii Hal Elliott and Hughes Melanie E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,373
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 5, 2007
Sold by
Beasley Johnny E and Beasley Freda Zwan
Bought by
Garland Eloise P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,100
Interest Rate
6.18%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 9, 2001
Sold by
Temple Wade P
Bought by
Beasley Johnny E and Zwan Freda A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.03%
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
Freeman Marice $779,000 None Listed On Document
Direct Source Realty Llc $500,000 None Listed On Document
Direct Source Realty Llc $500,000 None Listed On Document
Hughes Hai Elliott -- None Listed On Document
Hughes Hal Elliott -- None Available
Hughes Hal Elliott -- None Available
Hughes Hal Elliott -- None Listed On Document
Hughes Ii Hal Elliott $145,000 None Available
Garland Eloise P $152,000 None Available
Beasley Johnny E $117,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Freeman Marice $687,487
Previous Owner Direct Source Realty Llc $680,000
Previous Owner Hughes Ii Hal Elliott $142,373
Previous Owner Garland Eloise P $75,100
Previous Owner Beasley Johnny E $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/30/2024 08/30/24 Sold $779,000 0.0% $239 / Sq Ft
07/19/2024 07/19/24 Pending -- -- --
07/06/2024 07/06/24 For Sale $779,000 -- $239 / 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 $4,448 $692,300 $132,000 $560,300
2024 $4,319 $692,300 $132,000 $560,300
2023 $3,132 $399,174 $62,000 $337,174
2022 $2,903 $399,174 $62,000 $337,174
2021 $2,825 $399,174 $62,000 $337,174
2020 $2,778 $399,174 $62,000 $337,174
2019 $2,734 $332,351 $62,000 $270,351
2018 $2,083 $191,175 $62,000 $129,175
2017 $1,379 $191,175 $62,000 $129,175
2016 $1,352 $191,175 $62,000 $129,175
2015 $1,181 $167,230 $38,000 $129,230
2014 $1,120 $167,230 $38,000 $129,230
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 10039631

Doorify MLS

APN: 0657.02-55-4598-000