NOT LISTED FOR SALE

2923 Malvina Terrace Apex, NC 27502

Friendship Neighborhood

Estimated Value: $575,000 - $656,000

4 Beds
3 Baths
2,780 Sq Ft
$225/Sq Ft Est. Value

Last Sold February 23, 2023

Last sale price $570,000 $205 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $3,779/month

45 Days on Market

Highlights

  • Transitional Architecture
  • Main Floor Bedroom
  • High Ceiling
  • Apex Friendship Middle School Rated A
  • Loft
  • Quartz Countertops

About This Home

As of February 2023

Check out this better-than-new charmer in Apex prime location filled to the brim with charm and light! From the inviting floor plan with a1st-floor bedroom, the fenced-in private yard with covered deck, the access to top schools, 540, and SO close to Apex Nature Park, this home has it all! Entertain in the open kitchen complete with quartz countertops, shaker-style cabinets, and gorgeous backsplash while your guests sit on the oversized island, spread through this open-floor main level, or hang out in the large loft. Rest in the massive master suite with expanded shower and huge closet. Featuring LVP floors, some upgraded lighting, noise-reducing spray foam and an incredible energy rating, this home is not only stylish but also smart! Cherry on top? Refrigerator, Washer and Dryer convey! Start 2023 off in this stunning home!

Last Agent to Sell the Property

Susana Yourcheck

Flex Realty License #284714 Listed on: 11/24/2022

Co-Listed By

Nanette Lehr

Flex Realty License #295139

Last Buyer's Agent

Tina Caul

EXP Realty LLC License #267133

EXP Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,930

Year Built

  • Built in 2020

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 40 x 114 x 40 x 124
  • Fenced Yard
  • Landscaped
  • Property is zoned PUD-CZ

HOA Fees

  • $59 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Front Facing Garage
  • Garage Door Opener
  • Private Driveway

Home Design

  • Transitional Architecture
  • Traditional Architecture
  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 2,780 Sq Ft Home
  • 2-Story Property
  • Smooth Ceilings
  • High Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Blinds
  • Entrance Foyer
  • Family Room with Fireplace
  • Combination Kitchen and Dining Room
  • Loft
  • Utility Room
  • Pull Down Stairs to Attic
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Gas Cooktop
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • ENERGY STAR Qualified Appliances
  • Quartz Countertops

Flooring

  • Carpet
  • Luxury Vinyl Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • 3 Full Bathrooms
  • Double Vanity
  • Shower Only
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on upper level
  • Electric Dryer Hookup

Eco-Friendly Details

  • Energy-Efficient Lighting
  • Energy-Efficient Thermostat

Outdoor Features

  • Covered patio or porch
  • Rain Gutters

Schools

  • Apex Friendship Elementary And Middle School
  • Apex Friendship High School

Utilities

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

Community Details

Overview

  • Charleston Management Association
  • Built by Meritage Homes
  • Mckenzie Ridge Subdivision, Ellison Floorplan

Recreation

  • Community Playground
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,930

Year Built

Built in 2020

Lot Details

0

HOA Fees

$59 per month

Parking

2

Listing Details

  • Builder Name: Meritage Homes
  • Builder Model: Ellison
  • Year Built: 2020
  • Prop. Type: Residential
  • Co List Office Mls Id: 76384
  • Co List Office Phone: 919-355-4376
  • Subdivision Name: McKenzie Ridge
  • Above Grade Finished Sq Ft: 2780.0
  • Architectural Style: Traditional, Transitional
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Efficiency: Lighting, Thermostat
  • Contract Information Ownership Type: Other
  • General Property Information Lot Size Dimensions: 40 x 114 x 40 x 124
  • 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 Luxury Vinyl: Yes
  • Foundation Details Slab: Yes
  • Interior Features KitchenDining Room Combination: Yes
  • Laundry Features Laundry Room: Yes
  • Security Features Smoke Detector(s): Yes
  • Sewer:Public Sewer: Yes
  • Structure Type Site Built: Yes
  • Water Source Public: Yes
  • Cooling Zoned: Yes
  • Flooring Carpet: Yes
  • Interior Features Smooth Ceilings: Yes
  • Levels Two: Yes
  • Room Types Bedroom 2 Level: 2
  • Room Types Bedroom 3 Level: 2
  • Room Types Bedroom 4 Level: M
  • Room Types Dining Room2: Yes
  • Room Types Family Room2: Yes
  • Architectural Style Traditional: Yes
  • Room Types Primary Bedroom Level: 2
  • Flooring Vinyl: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Upper Level: Yes
  • Room Types Loft: Yes
  • Room Types Utility Room: Yes
  • Interior Features Shower Only: Yes
  • Utilities Cable Available: Yes
  • General Property Information Senior Community YN: No
  • General Property Information Above Grade Finished Area: 2780.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 4791.6
  • General Property Information Lot Size Acres: 0.11
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Luxury Vinyl, Vinyl
  • Interior Amenities: Ceiling Fan(s), Double Vanity, Eat-in Kitchen, Entrance Foyer, High Ceilings, Kitchen/Dining Room Combination, Pantry, Quartz Counters, Shower Only, Smooth Ceilings, Walk-In Closet(s), Walk-In Shower
  • Appliances: Dishwasher, ENERGY STAR Qualified Appliances, Gas Cooktop, Microwave, Plumbed For Ice Maker, Self Cleaning Oven, Tankless Water Heater
  • Basement YN: No
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Family Room, Gas Log
  • Fireplaces: 1
  • Total Bedrooms: 8
  • Appliances Dishwasher: Yes
  • Appliances:Gas Cooktop: Yes
  • Appliances:Plumbed For Ice Maker: Yes
  • Appliances:Tankless Water Heater: Yes
  • Community Features:Playground2: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Interior Features:Double Vanity: Yes
  • Interior Features:Entrance Foyer: Yes
  • Interior Features:High Ceilings: Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Walk-In Shower: Yes
  • Community Features:Street Lights: Yes
  • Fireplace Features:Family Room: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Interior Features:Quartz Counters: Yes
  • Appliances:ENERGY STAR Qualified Appliances: Yes
  • Fireplace Features:Gas Log: Yes
  • Appliances:Self Cleaning Oven: Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Exterior Features: Fenced Yard, Rain Gutters
  • Acres: 0.11
  • Construction Type: Brick, Fiber Cement
  • Foundation Details: Slab
  • Patio And Porch Features: Covered, Patio, Porch
  • Construction Materials:Fiber Cement: Yes
  • Exterior Features:Rain Gutters: Yes
  • Lot Features:Landscaped: Yes
  • Patio and Porch Features:Porch: Yes
  • Window Features:Blinds: Yes
  • Patio And Porch Features:Covered2: Yes
  • Patio And Porch Features:Patio: Yes
  • Exterior Features:Fenced - Yard: Yes
  • Construction Materials:Brick: Yes

Garage/Parking

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

Utilities

  • Utilities: Cable Available
  • 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

  • Community Features: Playground, Street Lights
  • Senior Community: No
  • Association Fee: 352.0
  • Association Fee Frequency: Semi-Annually
  • Association Name: Charleston Management
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: Charleston Management
  • Association Amenities:Trail(s): Yes
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 352.0
  • General Property Information:Association Fee Frequency: Semi-Annually

Schools

  • Ninth Grade High School: Wake - Apex Friendship
  • Middle Or Junior School: Wake - Apex Friendship

Lot Info

  • Zoning: PUD-CZ
  • Lot Dimensions: 40 x 114 x 40 x 124
  • Lot Size Sq Ft: 4791.6
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Green Features

  • Green Energy Efficient:Lighting2: Yes
  • Green Energy Efficient:Thermostat: Yes

Tax Info

  • Tax Annual Amount: 3930.0
  • Tax Year: 2022

MLS Schools

  • Elementary School: Wake - Apex Friendship

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 24, 2022
Closed on
Feb 12, 2023
Sold by
Morsu Kishore Reddy and Radbika Annareddy
Bought by
Kuppam Ramesh Srinivasan and Vallinayagam Murugan Subashri
Seller's Agent
Susana Yourcheck
Flex Realty
Buyer's Agent
Tina Caul
EXP Realty LLC
List Price
$599,000
Sold Price
$570,000
Premium/Discount to List
-$29,000
-4.84%
Total Days on Market
45
Views
62
Current Estimated Value
$625,268

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,268
Avg. Annual Appreciation
4.11%
Original Mortgage
$484,500
Outstanding Balance
$468,549
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$156,719

Purchase Details

Closed on
Aug 3, 2020
Sold by
Meritage Homes Of The Carolinas Inc
Bought by
Morsu Kishore Reddy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$348,500
Interest Rate
3.1%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Kuppam Ramesh Srinivasan $570,000 --
Morsu Kishore Reddy $368,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kuppam Ramesh Srinivasan $484,500
Previous Owner Morsu Kishore Reddy $384,000
Previous Owner Morsu Kishore Reddy $348,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2023 12/15/23 Off Market $570,000 -- --
02/23/2023 02/23/23 Sold $570,000 -4.8% $205 / Sq Ft
01/09/2023 01/09/23 Pending -- -- --
11/25/2022 11/25/22 For Sale $599,000 -- $215 / 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 $4,821 $562,533 $100,000 $462,533
2023 $4,186 $379,788 $80,000 $299,788
2022 $3,930 $379,788 $80,000 $299,788
2021 $784 $80,000 $80,000 $0
2020 $784 $80,000 $80,000 $0
2019 $954 $84,000 $84,000 $0
2018 $898 $84,000 $84,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Susana Yourcheck

    Seller's Agent in 2023

    Susana Yourcheck

    Flex Realty

    (410) 917-6769

    3 in this area

    207 Total Sales

    Susana Yourcheck
    Section Image
  • Nanette Lehr

    Seller Co-Listing Agent in 2023

    Nanette Lehr

    Flex Realty

    (919) 562-0469

    2 in this area

    56 Total Sales

    Nanette Lehr
    Section Image
  • Tina Caul

    Buyer's Agent in 2023

    Tina Caul

    EXP Realty LLC

    (919) 263-7653

    18 in this area

    2,867 Total Sales

    Tina Caul
    Section Image
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Map

Source: Doorify MLS

MLS Number: 2484955

Doorify MLS

APN: 0721.03-31-2115-000

North Carolina Wake County Apex 27502 Friendship

2923 Malvina Terrace, Apex, NC

This home is located at 2923 Malvina Terrace, Apex, NC 27502 since 24 November 2022 and is currently estimated at $625,268, approximately $224 per square foot. This property was built in 2020. 2923 Malvina Terrace is a home located in Wake County with nearby schools including Apex Friendship Middle School, Apex Friendship High School, and The Math and Science Academy of Apex.

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