NOT LISTED FOR SALE

3138 Rapid Falls Rd Cary, NC 27519

Twin Lakes Neighborhood

Estimated Value: $381,041 - $406,000

2 Beds
2.5 Baths
1,714 Sq Ft
$230/Sq Ft Est. Value

Last Sold February 06, 2025

Last sale price $410,000 $239 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $2,664/month

4 Days on Market

Highlights

  • Traditional Architecture
  • Wood Flooring
  • Community Pool
  • Cedar Fork Elementary Rated A
  • End Unit
  • Tennis Courts

About This Home

As of February 2025

Modern beauty with multiple flex spaces! This end unit home is conveniently located close to RTP, RDU, and everything Cary has to offer. Original hardwoods on first floor! Featuring a large, bright eat-in kitchen with additional bar seating, subway tile backsplash, gas range, and new dishwasher/microwave. Large first floor office with lots of light! Primary bedroom upstairs opens to a huge sitting room/flex space. Secondary bedroom upstairs along with hallway full bathroom. This home has been meticulously maintained by it's original, first owner - a rarity these days! Move right in and start 2025 off right in a new home!

Last Agent to Sell the Property

Tiffany Alexy

Fathom Realty NC License #275619 Listed on: 01/02/2025

Fathom Realty NC

Last Buyer's Agent

Terri Stevens

City to Coast Realty License #262671

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,149

Year Built

  • Built in 2007

Lot Details

  • 2,178 Sq Ft Lot
  • End Unit
  • 1 Common Wall

HOA Fees

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 1,714 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Home Office
  • Gas Range

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom located on second floor

Parking

  • 2 Parking Spaces
  • 2 Open Parking Spaces
  • Parking Lot
  • Off-Street Parking
  • Assigned Parking

Schools

  • Cedar Fork Elementary School
  • West Cary Middle School
  • Panther Creek High School

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Connected

Listing and Financial Details

  • Assessor Parcel Number 0745483475

Community Details

Overview

  • Association fees include ground maintenance
  • Westport At Twin Lakes Association, Phone Number (919) 233-7660
  • Twin Lakes Master Association
  • Twin Lakes Subdivision

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,149

Year Built

Built in 2007

Lot Details

0

HOA Fees

$307 per month

Listing Details

  • Year Built: 2007
  • Prop. Type: Residential
  • Reso Association Fee Includes: Maintenance Grounds
  • Subdivision Name: Twin Lakes
  • Above Grade Finished Sq Ft: 1714.0
  • Architectural Style: Traditional
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Contract Information Ownership Type: Townhouse
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Association Fee 2 Required YN: Yes
  • General Property Information Basement YN: No
  • Cooling Central Air: Yes
  • Foundation Details Slab: Yes
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • Flooring Carpet: Yes
  • Flooring Hardwood: Yes
  • Levels Two: Yes
  • Room Types Bedroom 2 Level: Second
  • Room Types Den2: Yes
  • Architectural Style Traditional: Yes
  • Room Types Office: Yes
  • Room Types Primary Bedroom Level: Second
  • Room Types Living Room2: Yes
  • Remarks and Miscellaneous Syndication Remarks2: Modern beauty with multiple flex spaces! This end unit home is conveniently located close to RTP, RDU, and everything Cary has to offer. Original hardwoods on first floor! Featuring a large, bright eat-in kitchen with additional bar seating, subway tile backsplash, gas range, and new dishwasher/microwave. Large first floor office with lots of light! Primary bedroom upstairs opens to a huge sitting room/flex space. Secondary bedroom upstairs along with hallway full bathroom. This home has been meticulously maintained by it's original, first owner - a rarity these days! Move right in and start 2025 off right in a new home!
  • General Property Information Association Phone: (919) 233-7660
  • Common Walls End Unit: Yes
  • General Property Information Association Name 2: Twin Lakes Master Association
  • General Property Information Enhanced Accessible2: No
  • General Property Information Monthly Association Fees2: 307.33
  • Roof:Shingle: Yes
  • General Property Information Above Grade Finished Area: 1714.0
  • Utilities Electricity Connected: Yes
  • Utilities Natural Gas Connected: Yes
  • General Property Information Lot Size Square Feet2: 2178.0
  • General Property Information Lot Size Acres: 0.05
  • General Property Information:Living Area3: 1714.0
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Flooring: Carpet, Hardwood
  • Appliances: Gas Range
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Appliances:Gas Range: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.05
  • Common Walls: 1 Common Wall, End Unit
  • Construction Type: Brick, Fiber Cement
  • Foundation Details: Slab
  • Construction Materials:Fiber Cement: Yes
  • Construction Materials:Brick: Yes

Garage/Parking

  • Attached Garage: No
  • Open Parking Spaces: 2.0
  • Open Parking: Yes
  • Parking Features: Assigned, Off Street, Parking Lot
  • Total Parking Spaces: 2.0
  • Parking Features:Assigned: Yes
  • Parking Features:Parking Lot: Yes
  • Parking Features:Off Street: Yes
  • General Property Information:Parking Total: 2.0
  • General Property Information:Open Parking YN2: Yes
  • General Property Information:Open Parking Spaces2: 2.0

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected
  • Heating: Forced Air
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association #2 Fee: 250.0
  • Association #2 Fee Frequency: Quarterly
  • Association Fee: 224.0
  • Association Fee Frequency: Monthly
  • Association: Twin Lakes Master Association
  • Association Name: Westport at Twin Lakes
  • Phone: 919-233-7660
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: Westport at Twin Lakes
  • Association Amenities:Pool: Yes
  • Association Fee Includes:Maintenance Grounds2: Yes
  • Association Amenities:Tennis Courts: Yes
  • Association Amenities:Playground: Yes
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 224.0
  • General Property Information:Association Fee Frequency: Monthly
  • General Property Information:Association Fee 2: 250.0
  • General Property Information:Association Fee 2 Frequency: Quarterly

Schools

  • Ninth Grade High School: Wake - Panther Creek
  • Middle Or Junior School: Wake - West Cary

Lot Info

  • Lot Size Sq Ft: 2178.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 0745483475
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3149.0
  • Tax Year: 2024

MLS Schools

  • Elementary School: Wake - Cedar Fork

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 2, 2025
Closed on
Feb 3, 2025
Sold by
Jones Timothy N
Bought by
Michelet Sarah Anne
Seller's Agent
Tiffany Alexy
Fathom Realty NC
Buyer's Agent
Terri Stevens
City to Coast Realty
List Price
$410,000
Sold Price
$410,000
Views
6
Current Estimated Value
$393,510

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$16,490
Avg. Annual Appreciation
-4.02%
Original Mortgage
$328,000
Outstanding Balance
$326,028
Interest Rate
6.85%
Mortgage Type
New Conventional
Estimated Equity
$67,482

Purchase Details

Closed on
Sep 19, 2007
Sold by
Kb Home Raleigh Durham Inc
Bought by
Jones Timothy N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,080
Interest Rate
6.55%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Michelet Sarah Anne $410,000 Ashemont Title Company
Michelet Sarah Anne $410,000 Ashemont Title Company
Jones Timothy N $220,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Michelet Sarah Anne $328,000
Closed Michelet Sarah Anne $328,000
Previous Owner Jones Timothy N $220,080
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/06/2025 02/06/25 Sold $410,000 0.0% $239 / Sq Ft
01/06/2025 01/06/25 Pending -- -- --
01/02/2025 01/02/25 For Sale $410,000 -- $239 / Sq Ft
Source: Doorify MLS

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 $3,219 $373,241 $90,000 $283,241
2024 $3,150 $373,241 $90,000 $283,241
2023 $2,492 $246,699 $63,000 $183,699
2022 $2,399 $246,699 $63,000 $183,699
2021 $2,351 $246,699 $63,000 $183,699
2020 $2,364 $246,699 $63,000 $183,699
2019 $2,011 $185,932 $50,000 $135,932
2018 $1,888 $185,932 $50,000 $135,932
2017 $1,814 $185,932 $50,000 $135,932
2016 $0 $185,932 $50,000 $135,932
2015 -- $195,576 $58,900 $136,676
2014 -- $195,576 $58,900 $136,676
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 10068836

Doorify MLS

APN: 0745.01-48-3475-000