NOT LISTED FOR SALE

2925 Banks Knoll Dr Unit WEL-0031 Cary, NC 27519

Carpenter Neighborhood

Estimated Value: $1,203,000 - $1,258,000

6 Beds
5.5 Baths
4,198 Sq Ft
$293/Sq Ft Est. Value

Last Sold August 12, 2022

Last sale price $904,476 $215 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $7,244/month

38 Days on Market

Highlights

  • New Construction
  • Craftsman Architecture
  • Wood Flooring
  • Carpenter Elementary Rated A
  • Wooded Lot
  • Bonus Room

About This Home

As of August 2022

This home has not started yet, Amazing Beaufort home plan with fully Finished Basement home in West Cary! 4,198 Sq Feet, 3 Car Garage, 6 Bedrooms, 5.5 Baths, expanded gourmet kitchen, 10 ft Ceilings, the list goes on! Price Listed is with design options!

Last Agent to Sell the Property

Elizabeth Shahady Briddle

Caruso Homes Realty NC, LLC License #210338 Listed on: 02/11/2021

Last Buyer's Agent

Fernanda Chang

EXP Realty LLC License #310441

EXP Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,496

Year Built

  • Built in 2021 | New Construction

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 74 x 146
  • Wooded Lot

HOA Fees

  • $95 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Home Design

  • Craftsman Architecture
  • Brick Foundation
  • Board and Batten Siding

Interior Spaces

  • 3-Story Property
  • High Ceiling
  • Gas Log Fireplace
  • Entrance Foyer
  • Family Room with Fireplace
  • Breakfast Room
  • Dining Room
  • Home Office
  • Bonus Room
  • Laundry on upper level

Kitchen

  • Built-In Oven
  • Gas Range
  • Range Hood
  • Microwave
  • Plumbed For Ice Maker

Flooring

  • Wood
  • Tile
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • In-Law or Guest Suite
  • Separate Shower in Primary Bathroom
  • Walk-in Shower

Finished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Outdoor Features

  • Covered Patio or Porch
  • Rain Gutters

Schools

  • Carpenter Elementary School
  • Alston Ridge Middle School
  • Panther Creek High School

Utilities

  • Zoned Heating and Cooling
  • Floor Furnace
  • Heating System Uses Natural Gas
  • Electric Water Heater

Community Details

  • Association fees include insurance
  • Wellfield Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,496

Year Built

Built in 2021 | New Construction

Lot Details

0

HOA Fees

$95 per month

Parking

3

Listing Details

  • Year Built: 2021
  • Prop. Type: Residential
  • Reso Association Fee Includes: Insurance
  • Subdivision Name: Wellfield
  • Above Grade Finished Sq Ft: 3113.0
  • Architectural Style: Craftsman
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • New Construction: Yes
  • Contract Information Ownership Type: Other
  • General Property Information Lot Size Dimensions: 74 x 146
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Association Fee 2 Required YN: No
  • General Property Information Basement YN: Yes
  • General Property Information Fireplace YN: Yes
  • Appliances Microwave: Yes
  • Wall Oven: Yes
  • Flooring Luxury Vinyl: Yes
  • Flooring Tile: Yes
  • Sewer:Public Sewer: Yes
  • Structure Type Site Built: Yes
  • Water Source Public: Yes
  • Contract Information Estimated Completion Date: 2021-10-01
  • Cooling Zoned: Yes
  • Interior Features Separate Shower: Yes
  • Property Condition Framed: No
  • 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 Den2: 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: B
  • Room Types Breakfast Room: Yes
  • Flooring Wood: Yes
  • Architectural Style Craftsman: Yes
  • Levels Three Or More: Yes
  • In-Law Suite Details Main Foor: Yes
  • Foundation Details BrickMortar: Yes
  • General Property Information Above Grade Finished Area: 3113.0
  • General Property Information Below Grade Finished Area: 1085.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 10890.0
  • General Property Information Lot Size Acres: 0.25
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Flooring: Luxury Vinyl, Tile, Wood
  • Interior Amenities: Entrance Foyer, High Ceilings, In-Law Floorplan, Separate Shower, Walk-In Shower
  • Basement: Exterior Entry, Finished, Full
  • Appliances: Electric Water Heater, Gas Range, Microwave, Plumbed For Ice Maker, Range Hood, Wall Oven
  • Basement YN: Yes
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Below Grade Sq Ft: 1085.0
  • Fireplace Features: Family Room, Gas Log
  • Fireplaces: 1
  • Total Bedrooms: 12
  • Appliances:Plumbed For Ice Maker: Yes
  • Appliances:Range Hood: Yes
  • Interior Features:Entrance Foyer: Yes
  • Interior Features:High Ceilings: Yes
  • Interior Features:Walk-In Shower: Yes
  • Community Features:Street Lights: Yes
  • Fireplace Features:Family Room: Yes
  • Appliances:Electric Water Heater: Yes
  • Fireplace Features:Gas Log: Yes
  • Basement:Exterior Entry: Yes
  • Appliances:Gas Range: Yes
  • Basement Finished: Yes
  • Interior Features:In-Law Floorplan: Yes
  • Full Basement: Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Exterior Features: Rain Gutters
  • Acres: 0.25
  • Construction Type: Board & Batten Siding, Fiber Cement
  • Foundation Details: Brick/Mortar
  • Patio And Porch Features: Covered, Porch
  • Construction Materials:Fiber Cement: Yes
  • Exterior Features:Rain Gutters: Yes
  • Patio and Porch Features:Porch: Yes
  • Construction Materials:Board Batten Siding: Yes
  • Lot Features:Wooded: Yes
  • Patio And Porch Features:Covered2: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Parking Features: Attached, Garage, Garage Door Opener
  • Parking Features:Attached: Yes
  • Parking Features:Garage: Yes
  • Parking Features:Garage Door Opener: Yes
  • General Property Information:Garage Spaces: 3.0

Utilities

  • Heating: Floor Furnace, Natural Gas, Zoned
  • Cooling: Zoned
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Zoned2: Yes
  • Heating:Floor Furnace: Yes

Condo/Co-op/Association

  • Community Features: Street Lights
  • Association Fee: 95.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • Association Fee Includes:Insurance2: Yes
  • General Property Information:Association Fee: 95.0
  • General Property Information:Association Fee Frequency: Monthly

Schools

  • Ninth Grade High School: Wake - Panther Creek
  • Middle Or Junior School: Wake - Alston Ridge

Lot Info

  • Lot Dimensions: 74 x 146
  • Lot Size Sq Ft: 10890.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

MLS Schools

  • Elementary School: Wake - Carpenter

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 31, 2024
Sold by
Chang Brian J and Chang Fernanda
Bought by
Irulappan Ezhilarasan and Manoharan Lakshmi
Current Estimated Value
$1,228,087

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$944,000
Outstanding Balance
$927,317
Interest Rate
6.61%
Mortgage Type
Construction
Estimated Equity
$300,770

Purchase Details

Listed on
Feb 11, 2021
Closed on
Jul 20, 2022
Sold by
Caruso Builder Wellfield Llc
Bought by
Chang Brian J and Chang Fernanda
Seller's Agent
Elizabeth Shahady Briddle
Caruso Homes Realty NC, LLC
Buyer's Agent
Fernanda Chang
EXP Realty LLC
List Price
$783,900
Sold Price
$904,476
Premium/Discount to List
$120,576
15.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.00%
Original Mortgage
$450,000
Interest Rate
4.81%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Irulappan Ezhilarasan $1,180,000 None Listed On Document
Chang Brian J $904,500 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Irulappan Ezhilarasan $944,000
Previous Owner Chang Brian J $450,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/15/2023 12/15/23 Off Market $904,476 -- --
08/12/2022 08/12/22 Sold $904,476 +13.2% $215 / Sq Ft
02/08/2022 02/08/22 Price Changed $798,729 -11.7% $190 / Sq Ft
01/04/2022 01/04/22 Price Changed $904,476 -0.2% $215 / Sq Ft
05/12/2021 05/12/21 Price Changed $906,643 +8.9% $216 / Sq Ft
03/21/2021 03/21/21 Pending -- -- --
03/12/2021 03/12/21 Price Changed $832,238 +4.8% $198 / Sq Ft
03/01/2021 03/01/21 Price Changed $793,840 +1.3% $189 / Sq Ft
02/11/2021 02/11/21 For Sale $783,900 -- $187 / 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 $8,496 $988,917 $250,000 $738,917
2024 $8,312 $988,917 $250,000 $738,917
2023 $6,204 $617,153 $130,000 $487,153
2022 $1,324 $130,000 $130,000 $0
2021 $1,229 $130,000 $130,000 $0
2020 $1,235 $130,000 $130,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2366390

Doorify MLS

APN: 0735.04-50-1728-000