NOT LISTED FOR SALE

320 Faxton Way Unit 416 Holly Springs, NC 27540

Estimated Value: $786,000

5 Beds
4.5 Baths
3,750 Sq Ft
$210/Sq Ft Est. Value

Last Sold December 13, 2022

Last sale price $769,610 $205 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $4,724/month

33 Days on Market

Highlights

  • Fitness Center
  • New Construction
  • Clubhouse
  • Buckhorn Creek Elementary Rated A
  • ENERGY STAR Certified Homes
  • Family Room with Fireplace

About This Home

As of December 2022

The Langley C!!!! This home has it all!!! Study, formal dining , gourmet kitchen with quartz counters, amazing breakfast nook with additional cabinets, guest suite and Screened in porch. The second floor has a loft and a closed in bonus room to give you 2 spaces to gather in. The owners bedrooms is enormous with large walk in closet. The owners bath has a large walk in tile shower with seat and a VESELL TUB. Three oversized secondary bedrooms and 2 full baths. This home has it all and will not last long!!

Last Agent to Sell the Property

Adair Preston

M/I Homes of Raleigh LLC License #244923 Listed on: 07/05/2022

Co-Listed By

Sabrina Field

M/I Homes of Raleigh LLC License #191693

Last Buyer's Agent

Patrick Shin

Long & Foster Real Estate INC License #252812

Long & Foster Real Estate INC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,368

Year Built

  • Built in 2022 | New Construction

Lot Details

  • 828

HOA Fees

  • $79 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Electric Vehicle Home Charger

Home Design

  • Brick or Stone Mason
  • Slab Foundation
  • Frame Construction
  • Radiant Barrier
  • Stone

Interior Spaces

  • 3,750 Sq Ft Home
  • 2-Story Property
  • Smooth Ceilings
  • High Ceiling
  • Gas Log Fireplace
  • Mud Room
  • Family Room with Fireplace
  • Breakfast Room
  • Den
  • Loft
  • Bonus Room
  • Pull Down Stairs to Attic

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • In-Law or Guest Suite
  • Private Water Closet
  • Soaking Tub
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on upper level

Eco-Friendly Details

  • Energy-Efficient Lighting
  • ENERGY STAR Certified Homes
  • 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

  • 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

$6,368

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: 3750.0
  • 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
  • Laundry Features Laundry Room: 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 Bonus Room: Yes
  • Room Types Den2: Yes
  • Room Types Family Room2: Yes
  • Laundry Features Upper Level: Yes
  • Room Types Loft: Yes
  • Room Types Breakfast Room: Yes
  • Flooring Wood: Yes
  • Pool Features Swimming Pool ComFee: Yes
  • Green Building Verification Type ENERGY STAR Certified Homes: Yes
  • Room Types Mud Room: Yes
  • Green Water Conservation Water-Smart Landscaping: Yes
  • General Property Information Above Grade Finished Area: 3750.0
  • 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, High Ceilings, In-Law Floorplan, Pantry, Quartz Counters, 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
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Family Room, Gas Log, Sealed Combustion
  • Appliances:Gas Cooktop: Yes
  • Appliances:Plumbed For Ice Maker: Yes
  • Appliances:Range Hood: Yes
  • Community Features:Playground2: 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
  • Fireplace Features:Sealed Combustion: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Interior Features:Quartz Counters: Yes
  • Appliances:ENERGY STAR Qualified Appliances: Yes
  • Fireplace Features:Gas Log: Yes
  • Appliances:Gas Water Heater: Yes
  • Interior Features:Soaking Tub: Yes
  • Appliances:Double Oven: Yes
  • Interior Features:In-Law Floorplan: Yes
  • Community Features:Fitness Center2: Yes

Exterior Features

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

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Electric Vehicle Charging Station(s), Garage
  • Parking Features:Garage: Yes
  • General Property Information:Garage Spaces: 2.0
  • Parking Features:Electric Vehicle Charging Station(s): Yes

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
Jul 5, 2022
Closed on
Dec 13, 2022
Sold by
M/I Homes Of Raleigh Llc
Bought by
Kim Hyun Chul and Kim Julia Nayoung
Seller's Agent
Adair Preston
M/I Homes of Raleigh LLC
Buyer's Agent
Patrick Shin
Long & Foster Real Estate INC
List Price
$770,000
Sold Price
$769,610
Premium/Discount to List
-$390
-0.05%
Views
36
Current Estimated Value
$786,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,390
Avg. Annual Appreciation
0.74%
Original Mortgage
$589,610
Outstanding Balance
$569,987
Interest Rate
6.38%
Mortgage Type
New Conventional
Estimated Equity
$216,013
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
Kim Hyun Chul $770,000 --
Kim Hyun Chul $770,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kim Hyun Chul $589,610
Closed Kim Hyun Chul $589,610
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/15/2023 12/15/23 Off Market $769,610 -- --
12/13/2022 12/13/22 Sold $769,610 -0.1% $205 / Sq Ft
08/07/2022 08/07/22 Pending -- -- --
07/05/2022 07/05/22 For Sale $770,000 -- $205 / 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 $6,368 $737,620 $145,000 $592,620
2024 $6,341 $737,620 $145,000 $592,620
2023 $5,474 $505,675 $80,000 $425,675
2022 $0 $80,000 $80,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2460119

Doorify MLS

APN: 0647.02-58-7421-000