NOT LISTED FOR SALE

228 Papyrus Place Hillsborough, NC 27278

Estimated Value: $831,000 - $982,000

6 Beds
5.5 Baths
4,985 Sq Ft
$181/Sq Ft Est. Value

Last Sold September 23, 2021

Last sale price $705,000 $141 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $5,678/month

3 Days on Market

Highlights

  • Deck
  • Transitional Architecture
  • Main Floor Bedroom
  • Cedar Ridge High Rated A-
  • Wood Flooring
  • 1 Fireplace

About This Home

As of September 2021

Have you been looking to move into lovely Waterstone Estates but the recent homes just don't feel spacious enough? Then this beauty is the home for you! This expansive Bartley floor plan features one of the most impressive kitchen islands you've ever seen, SS appliances, a huge two story living area. A first floor in-law suite. Primary bedroom (with huge bathroom)+ 3 more bedrooms upstairs. Also features a 1,478 sf FINISHED walkout basement! Private backyard with firepit is the cherry on top!

Last Agent to Sell the Property

Noah Chase

Coldwell Banker HPW License #320022 Listed on: 08/11/2021

Coldwell Banker HPW

Last Buyer's Agent

Liz Zeman

Meritage Homes of the Carolina

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,492

Year Built

  • Built in 2016

Lot Details

  • 8,712 Sq Ft Lot

HOA Fees

  • $65 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Private Driveway

Home Design

  • Transitional Architecture
  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 3-Story Property
  • 1 Fireplace
  • Mud Room
  • Entrance Foyer
  • Family Room
  • Living Room
  • Breakfast Room
  • Combination Kitchen and Dining Room
  • Home Office
  • Bonus Room
  • Storage
  • Laundry on upper level
  • Utility Room
  • Pull Down Stairs to Attic
  • Basement

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Main Floor Bedroom
  • In-Law or Guest Suite
  • Double Vanity
  • Private Water Closet
  • Separate Shower in Primary Bathroom
  • Soaking Tub
  • Walk-in Shower

Outdoor Features

  • Deck
  • Patio

Schools

  • New Hope Elementary School
  • A L Stanback Middle School
  • Cedar Ridge High School

Utilities

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

Community Details

Overview

  • Waterstone Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,492

Year Built

Built in 2016

Lot Details

0

HOA Fees

$65 per month

Parking

2

Listing Details

  • Year Built: 2016
  • Prop. Type: Residential
  • Subdivision Name: Waterstone
  • Above Grade Finished Sq Ft: 3506.0
  • Architectural Style: Transitional
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • New Construction: No
  • Contract Information Ownership Type: Other
  • General Property Information Above Grade Unfinished Area: 596.0
  • General Property Information Below Grade Unfinished Area: 758.0
  • General Property Information Total Unfinished Area2: 1354.0
  • General Property Information Lot Size Dimensions: See Plat
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: Yes
  • General Property Information Fireplace YN: Yes
  • Architectural Style Transitional: Yes
  • Attic Features Pull-Down Stairs: Yes
  • Interior Features KitchenDining Room Combination: Yes
  • Interior Features Water Closet: Yes
  • Structure Type Site Built: Yes
  • Cooling Zoned: Yes
  • Flooring Carpet: Yes
  • Flooring Hardwood: Yes
  • Interior Features Separate Shower: Yes
  • Room Types Bedroom 2 Level: 2
  • Room Types Bedroom 3 Level: 2
  • Room Types Bedroom 4 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: 2
  • Laundry Features Upper Level: Yes
  • Room Types Bedroom 5 Level: M
  • Room Types Utility Room: Yes
  • Room Types Living Room2: Yes
  • Room Types Breakfast Room: Yes
  • General Property Information Senior Community YN: No
  • Levels Three Or More: Yes
  • In-Law Suite Details Main Foor: Yes
  • Room Types Mud Room: Yes
  • General Property Information Above Grade Finished Area: 3506.0
  • General Property Information Below Grade Finished Area: 1479.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 8712.0
  • General Property Information Lot Size Acres: 0.2
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Hardwood
  • Interior Amenities: Double Vanity, Entrance Foyer, In-Law Floorplan, Kitchen/Dining Room Combination, Separate Shower, Soaking Tub, Storage, Walk-In Shower, Water Closet
  • Basement YN: Yes
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Below Grade Sq Ft: 1479.0
  • Fireplaces: 1
  • Total Bedrooms: 13
  • Community Features:Pool2: Yes
  • Interior Features:Double Vanity: Yes
  • Interior Features:Entrance Foyer: Yes
  • Interior Features:Walk-In Shower: Yes
  • Community Features:Street Lights: Yes
  • Interior Features:Storage3: Yes
  • Interior Features:Soaking Tub: Yes
  • Interior Features:In-Law Floorplan: Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Acres: 0.2
  • Construction Type: Brick, Vinyl Siding
  • Patio And Porch Features: Deck, Patio
  • Construction Materials:Vinyl Siding: Yes
  • Patio And Porch Features:Patio: Yes
  • Patio And Porch Features:Deck2: Yes
  • Construction Materials:Brick: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Concrete, Driveway, Garage
  • Parking Features:Garage: Yes
  • Parking Features:Concrete4: Yes
  • Parking Features:Driveway: Yes
  • General Property Information:Garage Spaces: 2.0

Utilities

  • Heating: Forced Air, Natural Gas, Zoned
  • Cooling: Zoned
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes
  • Heating:Zoned2: Yes

Condo/Co-op/Association

  • Community Features: Pool, Street Lights
  • Senior Community: No
  • Association Fee: 390.0
  • Association Fee Frequency: Semi-Annually
  • Association: Yes

Association/Amenities

  • Association Amenities:Pool: Yes
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 390.0
  • General Property Information:Association Fee Frequency: Semi-Annually

Schools

  • Ninth Grade High School: Orange - Cedar Ridge
  • Middle Or Junior School: Orange - A L Stanback

Lot Info

  • Lot Dimensions: See Plat
  • Lot Size Sq Ft: 8712.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 7492.0
  • Tax Year: 2021

MLS Schools

  • Elementary School: Orange - New Hope

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 11, 2021
Closed on
Sep 22, 2021
Sold by
Gibson Grant Edward and Gibson Morgan L
Bought by
Higgins Jessica K and Higgins Christopher D
Seller's Agent
Noah Chase
Coldwell Banker HPW
Buyer's Agent
Liz Zeman
Meritage Homes of the Carolina
List Price
$645,000
Sold Price
$705,000
Premium/Discount to List
$60,000
9.3%
Current Estimated Value
$904,709

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$199,709
Avg. Annual Appreciation
6.00%
Original Mortgage
$634,500
Outstanding Balance
$584,846
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$298,907

Purchase Details

Closed on
Jul 27, 2016
Sold by
Ashton Raleigh Residential Llc
Bought by
Gibson Grant Edward and Gibson Morgan L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$397,954
Interest Rate
3.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 30, 2015
Sold by
Great Waterstone Lp
Bought by
Ashton Raleigh Residential Llc
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
Higgins Jessica K $705,000 None Available
Gibson Grant Edward $419,000 None Available
Ashton Raleigh Residential Llc $476,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Higgins Jessica K $634,500
Previous Owner Gibson Grant Edward $397,954
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/14/2023 12/14/23 Off Market $705,000 -- --
09/23/2021 09/23/21 Sold $705,000 +9.3% $141 / Sq Ft
08/15/2021 08/15/21 Pending -- -- --
08/12/2021 08/12/21 For Sale $645,000 -- $129 / 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 $7,905 $522,300 $65,000 $457,300
2023 $7,646 $522,300 $65,000 $457,300
2022 $7,624 $522,300 $65,000 $457,300
2021 $7,492 $517,500 $65,000 $452,500
2020 $7,451 $486,200 $65,000 $421,200
2018 $7,275 $480,700 $65,000 $415,700
2017 -- $481,900 $65,000 $416,900
2016 $932 $55,000 $55,000 $0
2015 $857 $55,000 $55,000 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Noah Chase

    Seller's Agent in 2021

    Noah Chase

    Coldwell Banker HPW

    (919) 283-8581

    15 in this area

    53 Total Sales

    Section Image

  • L

    Buyer's Agent in 2021

    Liz Zeman

    Meritage Homes of the Carolina

    Section Image
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Map

Source: Doorify MLS

MLS Number: 2401106

Doorify MLS

APN: 9873268874

North Carolina Orange County Hillsborough 27278

228 Papyrus Place, Hillsborough, NC

This home is located at 228 Papyrus Place, Hillsborough, NC 27278 since 11 August 2021 and is currently estimated at $901,565, approximately $180 per square foot. This property was built in 2016. 228 Papyrus Place is a home located in Orange County with nearby schools including New Hope Elementary School, A.L. Stanback Middle School, and Cedar Ridge High.

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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