NOT LISTED FOR SALE

2946 Rise and Shine Rd Unit Lot 522 - Valencia B Apex, NC 27502

West Apex Neighborhood

Estimated Value: $884,000

5 Beds
4.5 Baths
4,082 Sq Ft
$217/Sq Ft Est. Value

Last Sold August 31, 2023

Last sale price $875,000 $214 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $5,619/month

106 Days on Market

Highlights

  • New Construction
  • Craftsman Architecture
  • Wood Flooring
  • Olive Chapel Elementary School Rated A
  • Clubhouse
  • Main Floor Bedroom

About This Home

As of August 2023

Presenting the popular Valencia plan that compromises nothing. The spacious downstairs features a guest suite with attached bath AND a separate powder room, study, formal dining room with butler's pantry, larger great room, and separate morning room. Gourmet kitchen with huge island is chef's paradise and has large walk-in pantry around the corner. Oversized garage and screen porch complete the downstairs amenities. Upstairs features a large gameroom, 3 secondary bedrooms with 2 baths rooms and a huge owner's suite with two walk in closets. Spacious master bath completes the package with separate garden tub and tile shower with seat.

Last Listed By

Katie Webb

Lennar Carolinas LLC License #280105 Listed on: 12/09/2022

Lennar Carolinas LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,020

Year Built

  • Built in 2023 | New Construction

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 70' x 110'

HOA Fees

  • $100 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Garage Door Opener

Home Design

  • Craftsman Architecture
  • Brick or Stone Mason
  • Shake Siding
  • Low Volatile Organic Compounds (VOC) Products or Finishes
  • Stone

Interior Spaces

  • 4,082 Sq Ft Home
  • 2-Story Property
  • Tray Ceiling
  • Smooth Ceilings
  • High Ceiling
  • Gas Fireplace
  • Entrance Foyer
  • Great Room with Fireplace
  • Family Room
  • Breakfast Room
  • Dining Room
  • Home Office
  • Bonus Room
  • Screened Porch
  • Utility Room
  • Crawl Space
  • Pull Down Stairs to Attic

Kitchen

  • Eat-In Kitchen
  • Butlers Pantry
  • Built-In Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • ENERGY STAR Qualified Appliances
  • Quartz Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • Private Water Closet
  • Soaking Tub
  • Shower Only in Primary Bathroom
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on upper level

Home Security

  • Smart Home
  • Fire and Smoke Detector

Eco-Friendly Details

  • Energy-Efficient Lighting
  • Energy-Efficient Thermostat
  • No or Low VOC Paint or Finish
  • Water-Smart Landscaping

Outdoor Features

  • Saltwater Pool
  • Rain Gutters

Schools

  • Olive Chapel Elementary School
  • Lufkin Road Middle School
  • Apex Friendship High School

Utilities

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

Community Details

Overview

  • Elite Management Association
  • Built by Lennar
  • Smith Farm Subdivision, Valencia B Floorplan

Amenities

  • Clubhouse

Recreation

  • Community Playground
  • Community Pool
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,020

Year Built

Built in 2023 | New Construction

Lot Details

0

HOA Fees

$100 per month

Parking

2

Listing Details

  • Builder Name: Lennar
  • Builder Model: Valencia B
  • Year Built: 2023
  • Prop. Type: Residential
  • Co List Office Mls Id: 3192
  • Co List Office Phone: 919-337-9420
  • Subdivision Name: Smith Farm
  • Above Grade Finished Sq Ft: 4082.0
  • Architectural Style: Craftsman
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: Yes
  • Efficiency: Lighting, Thermostat
  • Contract Information Ownership Type: Other
  • General Property Information Lot Size Dimensions: 70' x 110'
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: Yes
  • Appliances Microwave: Yes
  • Wall Oven: Yes
  • Attic Features Pull-Down Stairs: Yes
  • Flooring Tile: Yes
  • Interior Features Water Closet: 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
  • Contract Information Estimated Completion Date: 2023-09-01
  • Cooling Zoned: Yes
  • Flooring Carpet: Yes
  • Flooring Hardwood: Yes
  • Interior Features Separate Shower: Yes
  • Interior Features Smooth Ceilings: Yes
  • Levels Two: 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: M
  • Room Types Great Room2: Yes
  • Room Types Utility Room: Yes
  • Room Types Breakfast Room: Yes
  • Interior Features Bathtub Only: Yes
  • Interior Features Shower Only: Yes
  • Architectural Style Craftsman: Yes
  • Construction Materials Low VOC PaintSealantVarnish: Yes
  • Green Water Conservation Water-Smart Landscaping: Yes
  • Pool Features Salt Water: Yes
  • General Property Information Above Grade Finished Area: 4082.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 7840.8
  • General Property Information Lot Size Acres: 0.18
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Hardwood, Tile
  • Interior Amenities: Bathtub Only, Butler's Pantry, Eat-in Kitchen, Entrance Foyer, High Ceilings, Pantry, Quartz Counters, Separate Shower, Shower Only, Smart Home, Smooth Ceilings, Soaking Tub, Tray Ceiling(s), Walk-In Closet(s), Walk-In Shower, Water Closet
  • Basement: Crawl Space
  • Appliances: Dishwasher, ENERGY STAR Qualified Appliances, Gas Cooktop, Gas Water Heater, Microwave, Plumbed For Ice Maker, Range Hood, Tankless Water Heater, Wall Oven
  • Basement YN: No
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Gas, Great Room, Prefabricated, Sealed Combustion
  • Fireplaces: 1
  • Total Bedrooms: 14
  • Appliances Dishwasher: Yes
  • Appliances:Gas Cooktop: Yes
  • Appliances:Plumbed For Ice Maker: Yes
  • Appliances:Range Hood: Yes
  • Appliances:Tankless Water Heater: Yes
  • Community Features:Playground2: Yes
  • Community Features:Pool2: 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
  • Basement:Crawl Space: Yes
  • Community Features:Street Lights: Yes
  • Fireplace Features:Sealed Combustion: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Interior Features:Quartz Counters: Yes
  • Interior Features:Tray Ceiling(s): Yes
  • Appliances:ENERGY STAR Qualified Appliances: Yes
  • Appliances:Gas Water Heater: Yes
  • Interior Features:Soaking Tub: Yes
  • Fireplace Features:Gas4: Yes
  • Fireplace Features:Great Room: Yes
  • Interior Features:Butler_squote_s Pantry: Yes
  • Fireplace Features:Fireplaces Total: 1
  • Interior Features:Smart Home: Yes

Exterior Features

  • Exterior Features: Rain Gutters
  • Acres: 0.18
  • Construction Type: Fiber Cement, Low VOC Paint/Sealant/Varnish, Shake Siding, Stone
  • Patio And Porch Features: Porch, Screened
  • Construction Materials:Fiber Cement: Yes
  • Exterior Features:Rain Gutters: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Screened: Yes
  • Construction Materials:Stone: Yes
  • Construction Materials:Shake Siding: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage, Garage Door Opener, Garage Faces Front
  • Parking Features:Attached: Yes
  • Parking Features:Garage: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Garage Faces Front: Yes
  • General Property Information:Garage Spaces: 2.0

Utilities

  • Heating: Forced Air, Natural Gas, Zoned
  • Cooling: 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, Pool, Street Lights
  • Association Fee: 100.0
  • Association Fee Frequency: Monthly
  • Association Name: Elite Management
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: Elite Management
  • Association Amenities:Pool: Yes
  • Association Amenities:Trail(s): Yes
  • Association Amenities:Clubhouse: Yes
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 100.0
  • General Property Information:Association Fee Frequency: Monthly

Schools

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

Lot Info

  • Lot Dimensions: 70' x 110'
  • Lot Size Sq Ft: 7840.8
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Green Features

  • Green Water Conservation: Water-Smart Landscaping
  • Green Energy Efficient:Lighting2: Yes
  • Green Energy Efficient:Thermostat: Yes

Tax Info

  • Tax Annual Amount: 9020.0

MLS Schools

  • Elementary School: Wake - Olive Chapel

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 9, 2022
Closed on
Aug 30, 2023
Sold by
Lennar Carolinas Llc
Bought by
Varadarajan Arvind and Varadarajan Arvind Sahaana
Seller's Agent
Katie Webb
Lennar Carolinas LLC
Buyer's Agent
Victoria Escobar
Fathom Realty NC, LLC
List Price
$902,000
Sold Price
$875,000
Premium/Discount to List
-$27,000
-2.99%
Total Days on Market
106
Views
141
Current Estimated Value
$884,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,000
Avg. Annual Appreciation
0.60%
Original Mortgage
$726,200
Outstanding Balance
$713,770
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$170,230

Range of Values:

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Average Value
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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
Varadarajan Arvind -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Varadarajan Arvind $726,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2023 12/15/23 Off Market $875,000 -- --
08/31/2023 08/31/23 Sold $875,000 -3.0% $214 / Sq Ft
03/24/2023 03/24/23 Pending -- -- --
12/08/2022 12/08/22 For Sale $902,000 -- $221 / 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 $7,419 $866,931 $160,000 $706,931
2023 $314 $110,000 $110,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2486550

Doorify MLS

APN: 0722.03-23-2890-000