NOT LISTED FOR SALE

316 Faxton Way Unit 415 Holly Springs, NC 27540

Estimated Value: $797,000

5 Beds
5.5 Baths
3,722 Sq Ft
$214/Sq Ft Est. Value

Last Sold December 07, 2022

Last sale price $749,500 $201 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $4,808/month

Highlights

  • Fitness Center
  • New Construction
  • Craftsman Architecture
  • Buckhorn Creek Elementary Rated A
  • ENERGY STAR Certified Homes
  • Clubhouse

About This Home

As of December 2022

Blair C entered for comp purposes only

Last Agent to Sell the Property

Sabrina Field

M/I Homes of Raleigh LLC License #191693 Listed on: 08/23/2022

Co-Listed By

Elizabeth Bartee

M/I Homes of Raleigh LLC License #330123

Last Buyer's Agent

Sushil Birla

AAPKA Raleigh Realty, Inc. License #294227

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,683

Year Built

  • Built in 2022 | New Construction

Lot Details

  • 8,276 Sq Ft Lot
  • Landscaped

HOA Fees

  • $79 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Front Facing Garage
  • Garage Door Opener
  • Private Driveway

Home Design

  • Craftsman Architecture
  • Brick or Stone Mason
  • Slab Foundation
  • Frame Construction
  • Stone

Interior Spaces

  • 3,722 Sq Ft Home
  • 2-Story Property
  • Tray Ceiling
  • Smooth Ceilings
  • High Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Insulated Windows
  • Mud Room
  • Entrance Foyer
  • Family Room with Fireplace
  • Breakfast Room
  • Home Office
  • Loft
  • Bonus Room
  • Utility Room
  • Attic

Kitchen

  • Double Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • ENERGY STAR Qualified Appliances
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • Low Flow Plumbing Fixtures
  • Private Water Closet
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on upper level

Eco-Friendly Details

  • Energy-Efficient Lighting
  • ENERGY STAR Certified Homes
  • Energy-Efficient Thermostat
  • Ventilation

Outdoor Features

  • Rain Gutters
  • Porch

Schools

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

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Home warranty included in the sale of the property

Community Details

Overview

  • Real Manage Association
  • 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

$6,683

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: 3722.0
  • Architectural Style: Craftsman
  • 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 Basement YN: No
  • General Property Information Fireplace YN: No
  • Appliances Microwave: Yes
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Foundation Details Slab: Yes
  • Interior Features Water Closet: Yes
  • Laundry Features Laundry Room: Yes
  • Sewer:Public Sewer: Yes
  • Structure Type Site Built: Yes
  • Water Source Public: Yes
  • Contract Information Estimated Completion Date: 2023-01-01
  • Cooling Zoned: Yes
  • Flooring Carpet: Yes
  • Flooring Hardwood: Yes
  • Interior Features Smooth Ceilings: 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 Bonus Room: 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 Loft: Yes
  • Room Types Utility Room: Yes
  • Room Types Breakfast Room: Yes
  • Utilities Cable Available: Yes
  • Pool Features Swimming Pool ComFee: Yes
  • Architectural Style Craftsman: Yes
  • Green Building Verification Type ENERGY STAR Certified Homes: Yes
  • Green Indoor Air Quality Ventilation: Yes
  • Green Water Conservation Low-Flow Fixtures: Yes
  • Room Types Mud Room: Yes
  • General Property Information Above Grade Finished Area: 3722.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 8276.4
  • General Property Information Lot Size Acres: 0.19
  • General Property Information Builder Name: M/I Homes
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Hardwood, Tile
  • Interior Amenities: Ceiling Fan(s), Entrance Foyer, Granite Counters, High Ceilings, High Speed Internet, Pantry, Smooth Ceilings, Tray Ceiling(s), Walk-In Closet(s), Walk-In Shower, Water Closet
  • Appliances: Dishwasher, Double Oven, ENERGY STAR Qualified Appliances, Gas Cooktop, Gas Water Heater, Microwave, Plumbed For Ice Maker, Range Hood
  • Basement YN: No
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Family Room, Gas Log
  • Appliances Dishwasher: Yes
  • Appliances:Gas Cooktop: Yes
  • Appliances:Plumbed For Ice Maker: Yes
  • Appliances:Range Hood: Yes
  • Community Features:Playground2: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Interior Features:Entrance Foyer: 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
  • Fireplace Features:Family Room: Yes
  • Interior Features:Tray Ceiling(s): Yes
  • Appliances:ENERGY STAR Qualified Appliances: Yes
  • Fireplace Features:Gas Log: Yes
  • Appliances:Gas Water Heater: Yes
  • Appliances:Double Oven: Yes
  • Interior Features:High Speed Internet: Yes
  • Attic Features:Walk-In Attic: Yes
  • Community Features:Fitness Center2: Yes

Exterior Features

  • Exterior Features: Rain Gutters
  • Acres: 0.19
  • Home Warranty: Yes
  • Construction Type: Fiber Cement, Stone
  • Foundation Details: Slab
  • Patio And Porch Features: Porch
  • Construction Materials:Fiber Cement: Yes
  • Exterior Features:Rain Gutters: Yes
  • Lot Features:Landscaped: Yes
  • Patio and Porch Features:Porch: Yes
  • Construction Materials:Stone: Yes
  • Window Features:Insulated Windows: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Concrete, Driveway, Garage, Garage Door Opener, Garage Faces Front
  • Parking Features:Garage: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Concrete4: Yes
  • Parking Features:Driveway: Yes
  • Parking Features:Garage Faces Front: Yes
  • General Property Information:Garage Spaces: 2.0

Utilities

  • Utilities: Cable Available
  • Heating: Natural Gas, Zoned
  • Cooling: Central Air, 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 Fee: 79.0
  • Association Fee Frequency: Monthly
  • Association Name: Real Manage
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: Real Manage
  • 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

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: 8276.4
  • 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 - Buckhorn Creek

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 23, 2022
Closed on
Dec 7, 2022
Sold by
M/I Homes Of Raleigh Llc
Bought by
Gnanasamy Santhosh and Borromeo Periyanayagam
Seller's Agent
Sabrina Field
M/I Homes of Raleigh LLC
Buyer's Agent
Sushil Birla
AAPKA Raleigh Realty, Inc.
List Price
$750,000
Sold Price
$749,500
Premium/Discount to List
-$500
-0.07%
Views
23
Current Estimated Value
$797,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,500
Avg. Annual Appreciation
2.15%
Original Mortgage
$564,500
Outstanding Balance
$547,960
Interest Rate
7.08%
Mortgage Type
New Conventional
Estimated Equity
$249,040
Source: Public Records

Range of Values:

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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
Gnanasamy Santhosh $749,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gnanasamy Santhosh $564,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/15/2023 12/15/23 Off Market $749,500 -- --
12/07/2022 12/07/22 Sold $749,500 -0.1% $201 / Sq Ft
10/21/2022 10/21/22 Pending -- -- --
10/21/2022 10/21/22 For Sale $750,000 -- $202 / 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 $6,683 $774,222 $145,000 $629,222
2024 $6,655 $774,222 $145,000 $629,222
2023 $5,771 $533,150 $80,000 $453,150
2022 $0 $80,000 $80,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Sabrina Field

    Seller's 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

  • E

    Seller Co-Listing Agent in 2022

    Elizabeth Bartee

    M/I Homes of Raleigh LLC

    (919) 903-6127

    64 in this area

    133 Total Sales

    Elizabeth Bartee
    Section Image

  • S

    Buyer's Agent in 2022

    Sushil Birla

    AAPKA Raleigh Realty, Inc.

    (908) 442-2427

    3 in this area

    6 Total Sales

    Sushil Birla
    Section Image
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Map

Source: Doorify MLS

MLS Number: 2480409

Doorify MLS

APN: 0647.02-58-7492-000

North Carolina Wake County Holly Springs 27540

316 Faxton Way Unit 415, Holly Springs, NC

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