NOT LISTED FOR SALE

1616 Lakestone Village Ln Fuquay Varina, NC 27526

Estimated Value: $487,076 - $526,000

3 Beds
2.5 Baths
2,597 Sq Ft
$196/Sq Ft Est. Value

Last Sold June 15, 2021

Last sale price $450,500 $173 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $3,091/month

4 Days on Market

Highlights

  • Transitional Architecture
  • Main Floor Primary Bedroom
  • Bonus Room
  • Wood Flooring
  • Attic
  • High Ceiling

About This Home

As of June 2021

You'll love the details of this award winning Custom Builder! Fantastic curb appeal w/a Large Stately front porch & Screened porch! Hardwood floors throughout common areas. 1st Fl master with custom white beams. 3 Piece Crown, Dining RM w/Coffered Ceiling, Wainscoting in foyer, DR, FR & Bonus. Kitchen w/Gas Stove, Farmhouse Cabinets w/Granite, 2 Addt'l BR's + a HUGE Bonus RM upstairs w/L shaped office space. Neighborhood is perfect for jogging. biking, com pool, 2 ponds, playground. Home sold "As Is"

Last Agent to Sell the Property

Tammy Dunn

Coldwell Banker HPW License #290628 Listed on: 04/22/2021

Last Buyer's Agent

Linda Trevor

Compass -- Cary License #190844

Compass -- Cary

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,887

Year Built

  • Built in 2005

Lot Details

  • 4,792 Sq Ft Lot
  • Fenced Yard
  • Landscaped
  • Irrigation Equipment

HOA Fees

  • $45 Monthly HOA Fees

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Home Design

  • Transitional Architecture

Interior Spaces

  • 2,597 Sq Ft Home
  • 1.5-Story Property
  • Bookcases
  • Coffered Ceiling
  • Smooth Ceilings
  • High Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Insulated Windows
  • Entrance Foyer
  • Family Room with Fireplace
  • Breakfast Room
  • Dining Room
  • Home Office
  • Bonus Room
  • Screened Porch
  • Storage
  • Utility Room
  • Crawl Space

Kitchen

  • Gas Range
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Separate Shower in Primary Bathroom
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on main level

Attic

  • Attic Floors
  • Pull Down Stairs to Attic

Accessible Home Design

  • Accessible Washer and Dryer

Outdoor Features

  • Patio
  • Rain Gutters

Schools

  • Fuquay Varina Elementary And Middle School
  • Willow Spring High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

Overview

  • Real Management Association
  • Built by Cattano
  • Lakestone Village Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,887

Year Built

Built in 2005

Lot Details

0

HOA Fees

$45 per month

Parking

2

Listing Details

  • Builder Name: Cattano
  • Year Built: 2005
  • Prop. Type: Residential
  • Subdivision Name: Lakestone Village
  • Above Grade Finished Sq Ft: 2597.0
  • Architectural Style: Transitional
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One and One Half
  • New Construction: No
  • Contract Information Ownership Type: Other
  • General Property Information Above Grade Unfinished Area: 272.0
  • General Property Information Total Unfinished Area2: 272.0
  • General Property Information Lot Size Dimensions: See GIS
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: Yes
  • Appliances Microwave: Yes
  • Architectural Style Transitional: Yes
  • Attic Features Pull-Down Stairs: Yes
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Interior Features BathtubShower Combination: Yes
  • Laundry Features Laundry Room: Yes
  • Laundry Features Main Level: Yes
  • Sewer:Public Sewer: Yes
  • Structure Type Site Built: Yes
  • Water Source Public: Yes
  • Cooling Zoned: Yes
  • Flooring Carpet: Yes
  • Flooring Hardwood: Yes
  • Interior Features Separate Shower: Yes
  • Interior Features Smooth Ceilings: Yes
  • Room Types Bedroom 2 Level: 2
  • Room Types Bedroom 3 Level: 2
  • Room Types Bonus Room: Yes
  • Room Types Dining Room2: Yes
  • Room Types Family Room2: Yes
  • Room Types Office: Yes
  • Room Types Primary Bedroom Level: M
  • Room Types Utility Room: Yes
  • Appliances Refrigerators: Yes
  • Room Types Breakfast Room: Yes
  • Pool Features Swimming Pool ComFee: Yes
  • Levels One and One Half: Yes
  • Other Equipment Irrigation Equipment: Yes
  • General Property Information Above Grade Finished Area: 2597.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 4791.6
  • General Property Information Lot Size Acres: 0.11
  • General Property Information Builder Name: Cattano
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Hardwood, Tile
  • Interior Amenities: Bathtub/Shower Combination, Bookcases, Ceiling Fan(s), Coffered Ceiling(s), Entrance Foyer, Granite Counters, High Ceilings, Primary Downstairs, Separate Shower, Smooth Ceilings, Storage, Walk-In Closet(s), Walk-In Shower
  • Basement: Crawl Space
  • Appliances: Dishwasher, Gas Range, Gas Water Heater, Microwave, Plumbed For Ice Maker, Refrigerator
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Family Room, Gas Log
  • Fireplaces: 1
  • Total Bedrooms: 8
  • Appliances Dishwasher: Yes
  • Appliances:Plumbed For Ice Maker: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Interior Features:Entrance Foyer: Yes
  • Interior Features:Granite Counters: Yes
  • Interior Features:High Ceilings: 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:Storage3: Yes
  • Fireplace Features:Gas Log: Yes
  • Appliances:Gas Water Heater: Yes
  • Interior Features:Bookcases: Yes
  • Attic Features:Floored: Yes
  • Interior Features:Coffered Ceiling(s): Yes
  • Appliances:Gas Range: Yes
  • Attic Features:Walk-In Attic: Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Exterior Features: Fenced Yard, In Parade of Homes, Rain Gutters
  • Acres: 0.11
  • Construction Type: Fiber Cement
  • Patio And Porch Features: Covered, Patio, Porch, Screened
  • Accessibility Features:Accessible WasherDryer: Yes
  • 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:Covered2: Yes
  • Patio And Porch Features:Patio: Yes
  • Exterior Features:Fenced - Yard: Yes
  • Window Features:Insulated Windows: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Detached, Garage, Garage Door Opener
  • Parking Features:Garage: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Detached: Yes
  • General Property Information:Garage Spaces: 2.0

Utilities

  • Heating: Forced Air, Natural Gas, Zoned
  • Cooling: Central Air, Zoned
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes
  • Heating:Zoned2: Yes

Condo/Co-op/Association

  • Association Fee: 134.0
  • Association Fee Frequency: Quarterly
  • Association Name: Real Management
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: Real Management
  • Association Amenities:Pool: Yes
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 134.0
  • General Property Information:Association Fee Frequency: Quarterly

Schools

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

Lot Info

  • Lot Dimensions: See GIS
  • Lot Size Sq Ft: 4791.6
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2887.0

MLS Schools

  • Elementary School: Wake - Fuquay Varina

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 22, 2021
Closed on
Jun 15, 2021
Sold by
Meshaw Frederick W and Meshaw Angela J
Bought by
Newhouse Jordon C and Newhouse Kaitlin N
Seller's Agent
Tammy Dunn
Coldwell Banker HPW
Buyer's Agent
Linda Trevor
Compass -- Cary
List Price
$430,000
Sold Price
$450,500
Premium/Discount to List
$20,500
4.77%
Current Estimated Value
$509,269

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,769
Avg. Annual Appreciation
2.88%
Original Mortgage
$405,650
Outstanding Balance
$367,266
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$142,003

Purchase Details

Closed on
Oct 31, 2005
Sold by
Cattano Construction Inc
Bought by
Meshaw Frederick W and Meshaw Angela J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,710
Interest Rate
5%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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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
Newhouse Jordon C $450,500 Market Title
Meshaw Frederick W $320,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Newhouse Jordon C $405,650
Previous Owner Meshaw Frederick W $284,710
Previous Owner Meshaw Frederick W $19,190
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/15/2023 12/15/23 Off Market $450,500 -- --
06/15/2021 06/15/21 Sold $450,500 +4.8% $173 / Sq Ft
05/16/2021 05/16/21 Pending -- -- --
05/12/2021 05/12/21 For Sale $430,000 0.0% $166 / Sq Ft
04/27/2021 04/27/21 Price Changed $430,000 -- $166 / 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 $4,027 $457,842 $90,000 $367,842
2024 $4,010 $457,842 $90,000 $367,842
2023 $3,225 $288,227 $38,000 $250,227
2022 $3,031 $288,227 $38,000 $250,227
2021 $2,888 $288,227 $38,000 $250,227
2020 $2,888 $288,227 $38,000 $250,227
2019 $2,865 $246,662 $38,000 $208,662
2018 $2,701 $246,662 $38,000 $208,662
2017 $2,604 $246,662 $38,000 $208,662
2016 $2,568 $246,662 $38,000 $208,662
2015 $3,158 $313,926 $50,000 $263,926
2014 $3,043 $313,926 $50,000 $263,926
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2379380

Doorify MLS

APN: 0666.02-99-8726-000