NOT LISTED FOR SALE

313 Palmer Pointe Way Unit 1938 Holly Springs, NC 27540

Estimated Value: $663,000 - $808,000

5 Beds
3 Baths
3,324 Sq Ft
$227/Sq Ft Est. Value

Last Sold May 27, 2022

Last sale price $587,908 $177 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $4,683/month

Highlights

  • Golf Course Community
  • Tennis Courts
  • Craftsman Architecture
  • Lufkin Road Middle School Rated A
  • New Construction
  • Clubhouse

About This Home

As of May 2022

Sold

Last Agent to Sell the Property

Stephanie Miller

SM North Carolina Brokerage License #179078 Listed on: 04/12/2022

Last Buyer's Agent

Mathew Madappallil

Triangle Trinity Realty, Inc. License #260020

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2022 | New Construction

Lot Details

  • 8,233 Sq Ft Lot
  • Lot Dimensions are 50 x 145 x 60 x 134
  • Landscaped
  • Irrigation Equipment

HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Craftsman Architecture
  • Brick or Stone Mason
  • Stem Wall Foundation
  • Frame Construction
  • Low Volatile Organic Compounds (VOC) Products or Finishes
  • Radiant Barrier
  • Stone

Interior Spaces

  • 3,324 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Gas Fireplace
  • Insulated Windows
  • Mud Room
  • Entrance Foyer
  • Family Room with Fireplace
  • Breakfast Room
  • Screened Porch
  • Utility Room
  • Laundry on upper level

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Dishwasher
  • Quartz Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • 3 Full Bathrooms
  • Low Flow Plumbing Fixtures
  • Walk-in Shower

Eco-Friendly Details

  • Energy-Efficient Lighting
  • Energy-Efficient Thermostat
  • No or Low VOC Paint or Finish
  • Ventilation
  • Watersense Fixture

Outdoor Features

  • Saltwater Pool
  • Tennis Courts
  • Rain Gutters

Schools

  • Holly Springs Elementary School
  • Lufkin Road Middle School
  • Apex Friendship High School

Utilities

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

Community Details

Overview

  • Association fees include storm water maintenance
  • Ppm Management Association
  • Social Membership Association
  • Built by Stanley Martin Homes
  • 12 Oaks Subdivision, Maisie II Elevation B Floorplan

Amenities

  • Clubhouse

Recreation

  • Golf Course Community
  • Tennis Courts
  • Community Playground
  • Community Pool
  • Trails

Home Details

Home Type

Single Family

Year Built

Built in 2022 | New Construction

Lot Details

0

HOA Fees

$194 per month

Parking

2

Listing Details

  • Builder Name: Stanley Martin Homes
  • Builder Model: Maisie II - Elevation B
  • Year Built: 2022
  • Prop. Type: Residential
  • Reso Association Fee Includes: Storm Water Maintenance
  • Subdivision Name: 12 Oaks
  • Above Grade Finished Sq Ft: 3324.0
  • 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: 50 x 145 x 60 x 134
  • 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
  • Flooring Tile: Yes
  • Sewer:Public Sewer: Yes
  • Structure Type Site Built: Yes
  • Water Source Public: Yes
  • Contract Information Estimated Completion Date: 2022-06-01
  • Construction Materials Radiant Barrier: Yes
  • Cooling Zoned: Yes
  • Flooring Carpet: Yes
  • Flooring Hardwood: Yes
  • Levels Two: 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 Family Room2: Yes
  • Room Types Primary Bedroom Level: 2
  • Laundry Features Upper Level: Yes
  • Room Types Bedroom 5 Level: M
  • Room Types Utility Room: Yes
  • Room Types Breakfast Room: Yes
  • Flooring Wood: Yes
  • Architectural Style Craftsman: Yes
  • Construction Materials Low VOC PaintSealantVarnish: Yes
  • Green Building Verification Type WaterSense: Yes
  • Green Indoor Air Quality Ventilation: Yes
  • Green Water Conservation Low-Flow Fixtures: Yes
  • General Property Information Association Name 2: Social Membership
  • Other Equipment Irrigation Equipment: Yes
  • Room Types Mud Room: Yes
  • Pool Features Salt Water: Yes
  • General Property Information Above Grade Finished Area: 3324.0
  • General Property Information Carport YN: No
  • Foundation Details Stem Walls: Yes
  • General Property Information Lot Size Square Feet2: 8232.84
  • General Property Information Lot Size Acres: 0.189
  • General Property Information:Living Area3: 3324.0
  • General Property Information Builder Name: Stanley Martin Homes
  • General Property Information Builder Model: Maisie II - Elevation B
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Hardwood, Tile, Wood
  • Interior Amenities: Eat-in Kitchen, Entrance Foyer, High Ceilings, Pantry, Quartz Counters, Walk-In Closet(s), Walk-In Shower
  • Appliances: Dishwasher, Gas Cooktop, Gas Water Heater, Microwave, Range Hood, Wall Oven
  • Basement YN: No
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Fireplace Features: Family Room, Gas
  • Appliances Dishwasher: Yes
  • Appliances:Gas Cooktop: Yes
  • Appliances:Range Hood: 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
  • Fireplace Features:Family Room: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Interior Features:Quartz Counters: Yes
  • Appliances:Gas Water Heater: Yes
  • Fireplace Features:Gas4: Yes

Exterior Features

  • Exterior Features: Rain Gutters, Tennis Court(s)
  • Acres: 0.19
  • Construction Type: Fiber Cement, Low VOC Paint/Sealant/Varnish, Radiant Barrier, Stone
  • Foundation Details: Stem Walls
  • Patio And Porch Features: Porch, Screened
  • Construction Materials:Fiber Cement: Yes
  • Exterior Features:Rain Gutters: Yes
  • Lot Features:Landscaped: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Screened: Yes
  • Construction Materials:Stone: Yes
  • Window Features:Insulated Windows: Yes
  • Exterior Features:Tennis Court(s)3: 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: Forced Air, Heat Pump, Natural Gas, Zoned
  • Cooling: Zoned
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes
  • Heating:Heat Pump2: Yes
  • Heating:Zoned2: Yes

Condo/Co-op/Association

  • Community Features: Playground, Pool
  • Association #2 Fee: 87.0
  • Association #2 Fee Frequency: Monthly
  • Association Fee: 107.0
  • Association Fee Frequency: Monthly
  • Association: Social Membership
  • Association Name: PPM Management
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: PPM Management
  • Association Amenities:Pool: Yes
  • Association Amenities:Trail(s): Yes
  • Association Amenities:Tennis Courts: Yes
  • Association Amenities:Clubhouse: Yes
  • Association Amenities:Golf Course: Yes
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 107.0
  • General Property Information:Association Fee Frequency: Monthly
  • General Property Information:Association Fee 2: 87.0
  • General Property Information:Association Fee 2 Frequency: Monthly

Schools

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

Lot Info

  • Lot Dimensions: 50 x 145 x 60 x 134
  • Lot Size Sq Ft: 8232.84
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Green Features

  • Green Indoor Air Qlty: Ventilation
  • Green Water Conservation: Low-Flow Fixtures
  • Green Energy Efficient:Lighting2: Yes
  • Green Energy Efficient:Thermostat: Yes

MLS Schools

  • Elementary School: Wake - Holly Springs

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2022
Closed on
May 27, 2022
Sold by
Stanley Martin Companies Llc
Bought by
Lebaka Sreekanth Reddy and Kollu Charitha
Seller's Agent
Stephanie Miller
SM North Carolina Brokerage
Buyer's Agent
Mathew Madappallil
Triangle Trinity Realty, Inc.
List Price
$587,908
Sold Price
$587,908
Current Estimated Value
$754,141

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$166,233
Avg. Annual Appreciation
7.20%
Original Mortgage
$547,000
Outstanding Balance
$519,695
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$234,446
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lebaka Sreekanth Reddy $588,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lebaka Sreekanth Reddy $547,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/15/2023 12/15/23 Off Market $587,908 -- --
05/27/2022 05/27/22 Sold $587,908 0.0% $177 / Sq Ft
04/12/2022 04/12/22 Pending -- -- --
04/12/2022 04/12/22 For Sale $587,908 -- $177 / 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 $6,310 $730,827 $130,000 $600,827
2024 $6,283 $730,827 $130,000 $600,827
2023 $5,637 $520,772 $100,000 $420,772
2022 $3,217 $309,000 $100,000 $209,000
2021 $1,022 $100,000 $100,000 $0
2020 $0 $100,000 $100,000 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2022

    Stephanie Miller

    SM North Carolina Brokerage

    (919) 369-1273

    153 in this area

    863 Total Sales

    Stephanie Miller
    Section Image
  • Mathew Madappallil

    Buyer's Agent in 2022

    Mathew Madappallil

    Triangle Trinity Realty, Inc.

    (919) 360-5771

    19 in this area

    91 Total Sales

    Mathew Madappallil
    Section Image
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Map

Source: Doorify MLS

MLS Number: 2442035

Doorify MLS

APN: 0730.04-92-4245-000

North Carolina Wake County Holly Springs 27539

313 Palmer Pointe Way Unit 1938, Holly Springs, NC

Not Listed for Sale

Detached

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