$590,000
SOLD MAY 23, 2025

172 Cotten Dr Morrisville, NC 27560

4 Beds
2.5 Baths
2,373 Sq Ft
3,920 Sq Ft Lot

Recently Sold

$249 Per Sq Ft

9% Below List Price

73 Days on Market

Highlights

  • Traditional Architecture
  • Wood Flooring
  • Stainless Steel Appliances
  • Cedar Fork Elementary Rated A
  • Home Office
  • Front Porch

About This Home

As of May 2025

LOCATION,LOCATION,LOCATIONDiscover a home designed for comfort and convenience in this Unique Villa Style Community- No Yard Work!Main level Executive Office space that can also be a 4th Bedroom.Like New and Beautifully decorated custom home that includes : HWD Flooring on main level, Gourmet Kitchen with Quartz Countertops, custom stained cabinets w crown molding.Primary Suite includes Dual Vanity with cultured marble , custom Cabinets, Large Walk in Closet w Custom shelves and Walk in Shower.Loft/Bonus Area and lots of storage.For more info. please visit Allentate.comRent to Own Opportunity through Ownify. For more information visit Ownify.com

Last Agent to Sell the Property

Lori Madden

Allen Tate/Cary License #319560 Listed on: 01/27/2025

Allen Tate/Cary

Last Buyer's Agent

Jit Man Basnet

United Real Estate Triangle License #313489

United Real Estate Triangle

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,792

Year Built

  • Built in 2021

HOA Fees

  • $125 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Private Driveway
  • Open Parking

Home Design

  • Traditional Architecture
  • Brick Veneer
  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 2,373 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Gas Log Fireplace
  • Home Office

Kitchen

  • Gas Cooktop
  • Range Hood
  • Dishwasher
  • Stainless Steel Appliances

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Schools

  • Cedar Fork Elementary School
  • West Cary Middle School
  • Panther Creek High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • Cable TV Available

Additional Features

  • Front Porch
  • 3,920 Sq Ft Lot

Community Details

  • Association fees include ground maintenance
  • Villas At Sunset HOA, Phone Number (919) 239-3338
  • Villas At Sunset Subdivision

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Assessor Parcel Number 0755.09-16-8122 0466067

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,792

Year Built

Built in 2021

Lot Details

0

HOA Fees

$125 per month

Parking

2

Listing Details

  • Year Built: 2021
  • Prop. Type: Residential
  • Reso Association Fee Includes: Maintenance Grounds
  • Subdivision Name: Villas at Sunset
  • Above Grade Finished Sq Ft: 2373.0
  • Architectural Style: Traditional
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: Yes
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Foundation Details Slab: Yes
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • Flooring Carpet: Yes
  • Flooring Hardwood: Yes
  • Levels Two: Yes
  • Room Types Bedroom 2 Level: Second
  • Room Types Bedroom 3 Level: Second
  • Architectural Style Traditional: Yes
  • Room Types Office: Yes
  • Room Types Primary Bedroom Level: Second
  • General Property Information Association Phone: 919-239-3338
  • General Property Information Enhanced Accessible2: No
  • Special Listing Conditions Real Estate Owned: Yes
  • Roof:Shingle: Yes
  • Utilities Water Connected: Yes
  • General Property Information Above Grade Finished Area: 2373.0
  • Room Types Primary Bathroom Level: Second
  • Cooling Ceiling Fan(s): Yes
  • Utilities Sewer Connected: Yes
  • Utilities Natural Gas Connected: Yes
  • Utilities Cable Connected: Yes
  • General Property Information Lot Size Square Feet2: 3920.0
  • General Property Information Lot Size Acres: 0.09
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Hardwood, Tile
  • Appliances: Dishwasher, Gas Cooktop, Range Hood, Stainless Steel Appliance(s)
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Gas Log
  • Fireplaces: 1
  • Total Bedrooms: 6
  • Appliances Dishwasher: Yes
  • Appliances:Gas Cooktop: Yes
  • Appliances:Range Hood: Yes
  • Fireplace Features:Gas Log: Yes
  • Appliances:Stainless Steel Appliance(s): Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Roof: Shingle
  • Acres: 0.09
  • Construction Type: Brick Veneer, Fiber Cement
  • Foundation Details: Slab
  • Patio And Porch Features: Front Porch
  • Construction Materials:Fiber Cement: Yes
  • Construction Materials:Brick Veneer: Yes
  • Patio And Porch Features:Front Porch: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Open Parking: Yes
  • Parking Features: Driveway
  • Total Parking Spaces: 4.0
  • Parking Features:Driveway: Yes
  • General Property Information:Garage Spaces: 2.0
  • General Property Information:Attached Garage YN: Yes
  • General Property Information:Parking Total: 4.0
  • General Property Information:Open Parking YN2: Yes

Utilities

  • Utilities: Cable Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Forced Air, Natural Gas
  • Cooling: Ceiling Fan(s), Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association Fee: 375.0
  • Association Fee Frequency: Quarterly
  • Association Name: Villas at Sunset HOA
  • Phone: 919-239-3338
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: Villas at Sunset HOA
  • Association Fee Includes:Maintenance Grounds2: Yes
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 375.0
  • General Property Information:Association Fee Frequency: Quarterly

Schools

  • Ninth Grade High School: Wake - Panther Creek
  • Middle Or Junior School: Wake - West Cary

Lot Info

  • Lot Size Sq Ft: 3920.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 0755.09-16-8122 0466067
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 5792.0
  • Tax Year: 2024

MLS Schools

  • Elementary School: Wake - Cedar Fork

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 27, 2025
Closed on
May 21, 2025
Sold by
Reese-Josefsberg Michelle L
Bought by
Hamal Dikshya and Bhandari Manoj
Seller's Agent
Lori Madden
Allen Tate/Cary
Buyer's Agent
Jit Man Basnet
United Real Estate Triangle
List Price
$650,000
Sold Price
$590,000
Premium/Discount to List
-$60,000
-9.23%
Total Days on Market
73
Views
385

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
49.71%

Purchase Details

Closed on
Nov 3, 2023
Sold by
Josefsberg Aron
Bought by
Reese-Josefsberg Michelle L

Purchase Details

Listed on
May 15, 2020
Closed on
Jun 11, 2021
Sold by
The Villas At Sunset Llc
Bought by
Reese Josefsberg Michelle L and Josefsberg Aron
Seller's Agent
Jim Allen
Coldwell Banker HPW
Buyer's Agent
Tammy Register
eXp Realty, LLC - C
List Price
$460,500
Sold Price
$463,309
Premium/Discount to List
$2,809
0.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.97%
Original Mortgage
$438,457
Interest Rate
2.9%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $590,000 None Listed On Document
Warranty Deed $590,000 None Listed On Document
Deed -- None Listed On Document
Warranty Deed $463,500 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $300,000 Credit Line Revolving
Previous Owner $438,457 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/23/2025 05/23/25 Sold $590,000 -7.1% $249 / Sq Ft
04/10/2025 04/10/25 Pending -- -- --
02/25/2025 02/25/25 Price Changed $635,000 -2.3% $268 / Sq Ft
01/27/2025 01/27/25 For Sale $650,000 +40.3% $274 / Sq Ft
12/15/2023 12/15/23 Off Market $463,309 -- --
06/11/2021 06/11/21 Sold $463,309 +3.0% $201 / Sq Ft
09/16/2020 09/16/20 Pending -- -- --
07/17/2020 07/17/20 Price Changed $450,000 -3.2% $195 / Sq Ft
05/29/2020 05/29/20 Price Changed $465,000 +1.0% $202 / Sq Ft
05/15/2020 05/15/20 For Sale $460,500 -- $200 / 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
2024 $5,842 $668,436 $185,000 $483,436
2023 $4,581 $435,665 $100,000 $335,665
2022 $4,418 $435,665 $100,000 $335,665
2021 $1,753 $182,600 $100,000 $82,600
2020 $960 $100,000 $100,000 $0
2019 $0 $100,000 $100,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 10072915

Doorify MLS

APN: 0755.09-16-8122-000