NOT LISTED FOR SALE

2301 Old Sorrell Rd Apex, NC 27539

Estimated Value: $1,433,000 - $1,569,955

5 Beds
5.5 Baths
4,672 Sq Ft
$326/Sq Ft Est. Value

Last Sold March 27, 2023

Last sale price $1,500,000 $321 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $9,253/month

129 Days on Market

Highlights

  • New Construction
  • 2.2 Acre Lot
  • Wood Flooring
  • Middle Creek High Rated A-
  • French Provincial Architecture
  • Main Floor Primary Bedroom

About This Home

As of March 2023

1st FLOOR OWNERS SUITE ON 2.2 ACRES WOODED - MUST SEE! This CUSTOM 5 bed 5.5 bath home with main floor living and owners suite, sits on over 2 acres of private lot lined with trees. The details and trim of this home is remarkable! Every single square inch has been meticulously planned and designed perfectly for the way you live. The Main Floor features the owners suite with an out of this world bathroom, dining room with coffered ceiling, huge private study, family room w/ 12' accordion door leading screen deck with brick FP and composite decking. The kitchen is a chefs dream with high end smart appliances, massive wrapped seating island, tons of storage, built in ovens, secondary messy kitchen w/ 2nd dishwasher and sink, & massive pantry. The second floor features 4 additional bedrooms all with private baths, media room w/ full wet bar, and home gym. There is also a walkup attic for tons of additional storage that can be finished space.

Last Agent to Sell the Property

Matthew Riley

New Home Inc LLC License #276961 Listed on: 10/01/2022

Last Buyer's Agent

Justin Burleson

Premier Agents Network License #269900

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,939

Year Built

  • Built in 2022 | New Construction

Lot Details

  • 2.2 Acre Lot
  • Lot Dimensions are 170x625

Parking

  • 3 Car Garage

Home Design

  • French Provincial Architecture
  • Brick Exterior Construction
  • Frame Construction
  • Board and Batten Siding

Interior Spaces

  • 4,672 Sq Ft Home
  • 2-Story Property
  • 2 Fireplaces
  • Family Room
  • Breakfast Room
  • Dining Room
  • Home Office
  • Bonus Room
  • Screened Porch
  • Storage
  • Utility Room
  • Crawl Space

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main

Schools

  • Wake County Schools Elementary And Middle School
  • Wake County Schools High School

Utilities

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

Community Details

  • Property has a Home Owners Association
  • Built by New Home Inc LLC
  • The Chatham

Listing and Financial Details

  • Home warranty included in the sale of the property

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,939

Year Built

Built in 2022 | New Construction

Lot Details

0

Parking

3

Listing Details

  • Builder Name: New Home Inc LLC
  • Builder Model: The Chatham
  • Year Built: 2022
  • Prop. Type: Residential
  • Subdivision Name: Not in a Subdivision
  • Above Grade Finished Sq Ft: 4672.0
  • Architectural Style: French Provincial
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: Yes
  • Contract Information Ownership Type: Other
  • General Property Information Above Grade Unfinished Area: 560.0
  • General Property Information Total Unfinished Area2: 560.0
  • General Property Information Lot Size Dimensions: 170x625
  • General Property Information Association Fee Required YN: No
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: Yes
  • Cooling Central Air: Yes
  • Structure Type Site Built: Yes
  • Contract Information Estimated Completion Date: 2023-02-01
  • Flooring Carpet: Yes
  • Flooring Ceramic Tile: Yes
  • Flooring Hardwood: Yes
  • Levels Two: Yes
  • Property Condition Framed: Yes
  • Room Types Bedroom 2 Level: 2
  • Room Types Bedroom 3 Level: 2
  • Room Types Bedroom 4 Level: M
  • 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 Bedroom 5 Level: 2
  • Room Types Utility Room: Yes
  • Room Types Breakfast Room: Yes
  • Flooring Wood: Yes
  • Architectural Style French Province: Yes
  • General Property Information Above Grade Finished Area: 4672.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 95832.0
  • General Property Information Lot Size Acres: 2.2
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Ceramic Tile, Combination, Hardwood, Wood
  • Interior Amenities: Storage
  • Basement: Crawl Space
  • Appliances: Tankless Water Heater
  • Basement YN: No
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplaces: 2
  • Total Bedrooms: 13
  • Appliances:Tankless Water Heater: Yes
  • Basement:Crawl Space: Yes
  • Interior Features:Storage3: Yes
  • Fireplace Features:Fireplaces Total: 2

Exterior Features

  • Acres: 2.2
  • Home Warranty: Yes
  • Construction Type: Board & Batten Siding, Brick, Fiber Cement
  • Patio And Porch Features: Porch, Screened
  • Construction Materials:Fiber Cement: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Screened: Yes
  • Construction Materials:Board Batten Siding: Yes
  • Construction Materials:Brick: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 3.0
  • Parking Features: Garage
  • Parking Features:Garage: Yes
  • General Property Information:Garage Spaces: 3.0

Utilities

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

Condo/Co-op/Association

  • Association Name: No
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: No
  • General Property Information:Association YN: Yes

Schools

  • Ninth Grade High School: Wake County Schools
  • Middle Or Junior School: Wake County Schools

Lot Info

  • Lot Dimensions: 170x625
  • Lot Size Sq Ft: 95832.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

MLS Schools

  • Elementary School: Wake County Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 1, 2022
Closed on
Mar 20, 2023
Sold by
New Home Inc Llc
Bought by
Madugula Ravi and Madugula Padmaja
Seller's Agent
Matthew Riley
New Home Inc LLC
Buyer's Agent
Justin Burleson
Premier Agents Network
List Price
$1,599,700
Sold Price
$1,500,000
Premium/Discount to List
-$99,700
-6.23%
Total Days on Market
129
Views
100
Current Estimated Value
$1,522,989

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,989
Avg. Annual Appreciation
0.69%

Purchase Details

Closed on
Jun 15, 2022
Sold by
Vantassel Ii Richard L and Vantassel Deborah L
Bought by
New Home Inc Llc
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 Buyer Sale Price Title Company
Madugula Ravi $1,529,000 --
New Home Inc Llc $250,000 Gwynn Edwards & Getter Pa
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed New Home Inc Llc $0
Closed New Home Inc Llc $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2023 12/15/23 Off Market $1,500,000 -- --
03/27/2023 03/27/23 Sold $1,500,000 -6.2% $321 / Sq Ft
02/07/2023 02/07/23 Pending -- -- --
12/08/2022 12/08/22 For Sale $1,599,700 0.0% $342 / Sq Ft
11/26/2022 11/26/22 Pending -- -- --
10/01/2022 10/01/22 For Sale $1,599,700 -- $342 / 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 $8,939 $1,436,286 $208,800 $1,227,486
2023 $6,391 $817,078 $153,600 $663,478
2022 $1,109 $153,600 $153,600 $0
2021 $1,079 $153,600 $153,600 $0
2020 $3,024 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2477073

Doorify MLS

APN: 0780.01-35-4226-000