NOT LISTED FOR SALE

2305 Old Sorrell Rd Apex, NC 27539

Estimated Value: $1,410,000 - $1,627,355

5 Beds
5.5 Baths
5,030 Sq Ft
$306/Sq Ft Est. Value

Last Sold December 16, 2022

Last sale price $1,500,000 $298 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $8,923/month

52 Days on Market

Highlights

  • New Construction
  • 2 Acre Lot
  • Wood Flooring
  • Middle Creek High Rated A-
  • Traditional Architecture
  • Main Floor Bedroom

About This Home

As of December 2022

New Home Inc. designed every inch of this 5-bd, 5.5-bth, 5,030-square-foot home to provide the comfort and convenience that contributes to better living, beginning with a 2-acre lot, 3-car garage, and wrap-around front porch. The open floor concept on the main level blends the family room, kitchen, breakfast nook, and dining room. The gourmet kitchen is a must-see, with an oversized island, walk-in pantry w/ messy kitchen & 2nd dishwasher the owner’s bedroom is designed with a sitting room. The ensuite bath offers a freestanding tub and an oversized two-person shower and exquisite tiling. The walk-in closet is custom-made. The third floor features a fitness room with full bath, reading area with bay window, and full media room with wet bar.

Last Agent to Sell the Property

Matthew Riley

New Home Inc LLC License #276961 Listed on: 09/09/2022

Last Buyer's Agent

Benjamin Passwaters

Compass -- Cary License #266500

Compass -- Cary

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,089

Year Built

  • Built in 2022 | New Construction

Lot Details

  • 2 Acre Lot
  • Lot Dimensions are 165x567

Parking

  • 3 Car Garage

Home Design

  • Traditional Architecture
  • Tri-Level Property
  • Brick or Stone Mason
  • Frame Construction
  • Board and Batten Siding
  • Shake Siding
  • Stone

Interior Spaces

  • 5,030 Sq Ft Home
  • 2 Fireplaces
  • Family Room
  • Breakfast Room
  • Dining Room
  • Home Office
  • Bonus Room
  • Screened Porch
  • Utility Room
  • Crawl Space

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom

Schools

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

Utilities

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

Community Details

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

Listing and Financial Details

  • Home warranty included in the sale of the property

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,089

Year Built

Built in 2022 | New Construction

Lot Details

0

Parking

3

Listing Details

  • Builder Name: New Home Inc
  • Builder Model: The Morehead
  • Year Built: 2022
  • Prop. Type: Residential
  • Subdivision Name: Not in a Subdivision
  • Above Grade Finished Sq Ft: 5030.0
  • Architectural Style: Traditional
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Tri-Level
  • New Construction: Yes
  • Contract Information Ownership Type: Other
  • General Property Information Lot Size Dimensions: 165x567
  • General Property Information Association Fee Required YN: No
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: Yes
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Structure Type Site Built: Yes
  • Contract Information Estimated Completion Date: 2022-11-01
  • Cooling Zoned: Yes
  • Flooring Carpet: Yes
  • Flooring Ceramic Tile: Yes
  • Property Condition Framed: 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
  • Architectural Style Traditional: Yes
  • Room Types Office: Yes
  • Room Types Primary Bedroom Level: 2
  • Room Types Bedroom 5 Level: M
  • Room Types Utility Room: Yes
  • Room Types Breakfast Room: Yes
  • Flooring Wood: Yes
  • Levels Tri-Level: Yes
  • General Property Information Above Grade Finished Area: 5030.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 87120.0
  • General Property Information Lot Size Acres: 2.0
  • General Property Information Builder Name: New Home Inc
  • General Property Information Builder Model: The Morehead
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Ceramic Tile, Combination, Tile, Wood
  • Basement: Crawl Space
  • Appliances: Tankless Water Heater
  • Basement YN: No
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplaces: 2
  • Total Bedrooms: 20
  • Appliances:Tankless Water Heater: Yes
  • Basement:Crawl Space: Yes
  • Fireplace Features:Fireplaces Total: 2

Exterior Features

  • Acres: 2.0
  • Home Warranty: Yes
  • Construction Type: Board & Batten Siding, Fiber Cement, Shake Siding, Stone
  • 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:Stone: Yes
  • Construction Materials:Shake Siding: 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, Zoned
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association: Yes

Association/Amenities

  • 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: 165x567
  • Lot Size Sq Ft: 87120.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

MLS Schools

  • Elementary School: Wake County Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2022
Closed on
Nov 14, 2022
Sold by
New Home Inc Llc
Bought by
Tucker Jordan Ross and Mills Mckenzie Denise
Seller's Agent
Matthew Riley
New Home Inc LLC
Buyer's Agent
Benjamin Passwaters
Compass -- Cary
List Price
$1,599,700
Sold Price
$1,500,000
Premium/Discount to List
-$99,700
-6.23%
Views
7
Current Estimated Value
$1,540,339

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,339
Avg. Annual Appreciation
0.95%
Original Mortgage
$1,500,000
Outstanding Balance
$1,435,761
Interest Rate
5.13%
Mortgage Type
New Conventional
Estimated Equity
$104,578

Purchase Details

Closed on
Mar 1, 2022
Sold by
Vantassel Ii Richard L and Vantassel Deborah L
Bought by
New Home Inc Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Interest Rate
3.69%
Mortgage Type
Construction
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
Tucker Jordan Ross $1,500,000 --
New Home Inc Llc $250,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tucker Jordan Ross $1,500,000
Previous Owner New Home Inc Llc $1,200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/15/2023 12/15/23 Off Market $1,500,000 -- --
12/16/2022 12/16/22 Sold $1,500,000 -6.2% $298 / Sq Ft
10/31/2022 10/31/22 Pending -- -- --
10/19/2022 10/19/22 For Sale $1,599,700 0.0% $318 / Sq Ft
10/17/2022 10/17/22 Pending -- -- --
09/16/2022 09/16/22 Price Changed $1,599,700 -5.9% $318 / Sq Ft
09/09/2022 09/09/22 Price Changed $1,699,700 -2.9% $338 / Sq Ft
09/09/2022 09/09/22 Price Changed $1,750,000 +2.9% $348 / Sq Ft
09/09/2022 09/09/22 For Sale $1,700,500 -- $338 / 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 $9,089 $1,417,863 $192,000 $1,225,863
2024 $8,825 $1,417,863 $192,000 $1,225,863
2023 $6,453 $825,082 $140,600 $684,482
2022 $1,015 $140,600 $140,600 $0
2021 $988 $140,600 $140,600 $0
2020 $0 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Matthew Riley

    Seller's Agent in 2022

    Matthew Riley

    New Home Inc LLC

    (919) 358-9271

    4 in this area

    182 Total Sales

    Matthew Riley
    Section Image
  • Benjamin Passwaters

    Buyer's Agent in 2022

    Benjamin Passwaters

    Compass -- Cary

    (919) 608-4226

    6 in this area

    170 Total Sales

    Benjamin Passwaters
    Section Image
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Map

Source: Doorify MLS

MLS Number: 2473343

Doorify MLS

APN: 0780.01-35-2263-000

North Carolina Wake County Apex 27539

2305 Old Sorrell Rd, Apex, NC

This home is located at 2305 Old Sorrell Rd, Apex, NC 27539 since 09 September 2022 and is currently estimated at $1,540,339, approximately $306 per square foot. This property was built in 2022. 2305 Old Sorrell Rd is a home located in Wake County with nearby schools including Yates Mill Elementary School, Dillard Drive Magnet Middle School, and Middle Creek High.

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