NOT LISTED FOR SALE

308 Faxton Way Unit 413 Holly Springs, NC 27540

Estimated Value: $751,000

5 Beds
4 Baths
2,868 Sq Ft
$262/Sq Ft Est. Value

Last Sold December 21, 2022

Last sale price $660,000 $230 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $4,470/month

61 Days on Market

Highlights

  • Fitness Center
  • New Construction
  • Wood Flooring
  • Buckhorn Creek Elementary Rated A
  • Clubhouse
  • Loft

About This Home

As of December 2022

Beech A - This amazing home has a Formal dining room, guest suite, butler pantry, covered rear porch, mud bench with cubbies, gourmet kitchen and hardwood stairs. The second floor has the large owners suite with his and her closets and amazing owners bath with Garden tub with tile surround and large walk in tile shower with bench seat. 3 large secondary bedrooms and 2 full baths and large open loft complete this amazing home!

Last Agent to Sell the Property

Adair Preston

M/I Homes of Raleigh LLC License #244923 Listed on: 06/28/2022

Co-Listed By

Sabrina Field

M/I Homes of Raleigh LLC License #191693

Last Buyer's Agent

Preeti Gupta

Coldwell Banker HPW License #328789

Coldwell Banker HPW

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,516

Year Built

  • Built in 2022 | New Construction

Lot Details

  • 828

HOA Fees

  • $79 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Slab Foundation
  • Frame Construction
  • Radiant Barrier

Interior Spaces

  • 2,868 Sq Ft Home
  • 2-Story Property
  • Smooth Ceilings
  • High Ceiling
  • Mud Room
  • Family Room
  • Loft
  • Pull Down Stairs to Attic
  • Laundry on upper level

Kitchen

  • Eat-In Kitchen
  • Built-In Double Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Plumbed For Ice Maker
  • ENERGY STAR Qualified Appliances
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • 4 Full Bathrooms
  • Private Water Closet
  • Soaking Tub
  • Walk-in Shower

Eco-Friendly Details

  • Energy-Efficient Lighting
  • Energy-Efficient Thermostat
  • Water-Smart Landscaping

Schools

  • Buckhorn Creek Elementary School
  • Holly Grove Middle School
  • Holly Springs High School

Utilities

  • Zoned Heating and Cooling
  • Heating System Uses Natural Gas
  • Gas Water Heater

Additional Features

  • Covered Patio or Porch
  • 828 Sq Ft Lot

Listing and Financial Details

  • Home warranty included in the sale of the property

Community Details

Overview

  • Built by M/I Homes
  • Honeycutt Farm Subdivision

Amenities

  • Clubhouse

Recreation

  • Community Playground
  • Fitness Center
  • Community Pool
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,516

Year Built

Built in 2022 | New Construction

Lot Details

0

HOA Fees

$79 per month

Parking

2

Listing Details

  • Builder Name: M/I Homes
  • Year Built: 2022
  • Prop. Type: Residential
  • Co List Office Phone: 919-828-1106
  • Subdivision Name: Honeycutt Farm
  • Above Grade Finished Sq Ft: 2868.0
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: Yes
  • Efficiency: Lighting, Thermostat
  • Contract Information Ownership Type: Other
  • General Property Information Lot Size Dimensions: see plat
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Association Fee 2 Required YN: Yes
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: No
  • Appliances Microwave: Yes
  • Wall Oven: Yes
  • Attic Features Pull-Down Stairs: Yes
  • Flooring Tile: Yes
  • Foundation Details Slab: Yes
  • Interior Features Water Closet: Yes
  • Sewer:Public Sewer: Yes
  • Structure Type Site Built: Yes
  • Water Source Public: Yes
  • Contract Information Estimated Completion Date: 2022-12-01
  • Construction Materials Radiant Barrier: Yes
  • Cooling Zoned: Yes
  • Flooring Carpet: Yes
  • Interior Features Smooth Ceilings: Yes
  • Levels Two: Yes
  • Property Condition Framed: Yes
  • Room Types Family Room2: Yes
  • Laundry Features Upper Level: Yes
  • Room Types Loft: Yes
  • Flooring Wood: Yes
  • Pool Features Swimming Pool ComFee: Yes
  • Room Types Mud Room: Yes
  • Green Water Conservation Water-Smart Landscaping: Yes
  • General Property Information Above Grade Finished Area: 2868.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 827.64
  • General Property Information Lot Size Acres: 0.019
  • General Property Information Builder Name: M/I Homes
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Combination, Tile, Wood
  • Interior Amenities: Eat-in Kitchen, Granite Counters, High Ceilings, Pantry, Smooth Ceilings, Soaking Tub, Walk-In Closet(s), Walk-In Shower, Water Closet
  • Appliances: Double Oven, ENERGY STAR Qualified Appliances, Gas Cooktop, Gas Water Heater, Microwave, Plumbed For Ice Maker, Range Hood, Wall Oven
  • Basement YN: No
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Appliances:Gas Cooktop: Yes
  • Appliances:Plumbed For Ice Maker: Yes
  • Appliances:Range Hood: Yes
  • Community Features:Playground2: Yes
  • Interior Features:Granite Counters: Yes
  • Interior Features:High Ceilings: Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Walk-In Shower: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Appliances:ENERGY STAR Qualified Appliances: Yes
  • Appliances:Gas Water Heater: Yes
  • Interior Features:Soaking Tub: Yes
  • Appliances:Double Oven: Yes
  • Community Features:Fitness Center2: Yes

Exterior Features

  • Acres: 0.02
  • Home Warranty: Yes
  • Construction Type: Fiber Cement, Radiant Barrier
  • Foundation Details: Slab
  • Patio And Porch Features: Covered, Porch
  • Construction Materials:Fiber Cement: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Covered2: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Garage
  • Parking Features:Garage: Yes
  • General Property Information:Garage Spaces: 2.0

Utilities

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

Condo/Co-op/Association

  • Community Features: Fitness Center, Playground
  • Association #2 Fee Frequency: Monthly
  • Association Fee: 79.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • Association Amenities:Pool: Yes
  • Association Amenities:Trail(s): Yes
  • Association Amenities:Clubhouse: Yes
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 79.0
  • General Property Information:Association Fee Frequency: Monthly
  • General Property Information:Association Fee 2 Frequency: Monthly

Schools

  • Ninth Grade High School: Wake - Holly Springs
  • Middle Or Junior School: Wake - Holly Grove

Lot Info

  • Lot Dimensions: see plat
  • Lot Size Sq Ft: 827.64
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Green Features

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

MLS Schools

  • Elementary School: Wake - Buckhorn Creek

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 28, 2022
Closed on
Dec 21, 2022
Sold by
M/I Homes Of Raleigh Llc
Bought by
Garg Rajnish Kumar and Gokhale Aishwarya
Seller's Agent
Adair Preston
M/I Homes of Raleigh LLC
Buyer's Agent
Preeti Gupta
Coldwell Banker HPW
List Price
$672,409
Sold Price
$660,000
Premium/Discount to List
-$12,409
-1.85%
Views
36
Current Estimated Value
$751,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$91,000
Avg. Annual Appreciation
4.64%
Original Mortgage
$627,000
Outstanding Balance
$608,629
Interest Rate
7.08%
Mortgage Type
New Conventional
Estimated Equity
$142,371
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
Garg Rajnish Kumar $660,000 --
Garg Rajnish Kumar $660,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garg Rajnish Kumar $627,000
Closed Garg Rajnish Kumar $627,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/15/2023 12/15/23 Off Market $660,000 -- --
12/21/2022 12/21/22 Sold $660,000 0.0% $230 / Sq Ft
08/28/2022 08/28/22 Pending -- -- --
08/12/2022 08/12/22 Price Changed $660,000 -1.8% $230 / Sq Ft
06/28/2022 06/28/22 For Sale $672,409 -- $234 / 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 $5,516 $638,616 $145,000 $493,616
2024 $5,493 $638,616 $145,000 $493,616
2023 $4,707 $434,535 $80,000 $354,535
2022 $0 $80,000 $80,000 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2022

    Adair Preston

    M/I Homes of Raleigh LLC

  • Sabrina Field

    Seller Co-Listing Agent in 2022

    Sabrina Field

    M/I Homes of Raleigh LLC

    (919) 669-3321

    346 in this area

    472 Total Sales

    Sabrina Field
    Section Image
  • Preeti Gupta

    Buyer's Agent in 2022

    Preeti Gupta

    Coldwell Banker HPW

    (612) 443-9969

    1 in this area

    41 Total Sales

    Preeti Gupta
    Section Image
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Map

Source: Doorify MLS

MLS Number: 2458923

Doorify MLS

APN: 0647.02-58-9427-000

North Carolina Wake County Holly Springs 27540

308 Faxton Way Unit 413, Holly Springs, NC

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