NOT LISTED FOR SALE

Estimated Value: $556,000

5 Beds
3 Baths
2,794 Sq Ft
$199/Sq Ft Est. Value

Last Sold March 02, 2023

Last sale price $487,000 $174 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $3,385/month

13 Days on Market

Highlights

  • New Construction
  • Main Floor Bedroom
  • High Ceiling
  • Contemporary Architecture
  • Loft
  • Quartz Countertops

About This Home

As of March 2023

Brand new, energy-efficient home available by Jan 2023! Sip your coffee from the Chatham's charming back patio. Inside, versatile flex spaces allow you to customize the main level to fit your needs. The impressive primary suite boasts dual sinks, Garden Tub & Separate Shower, and a large walk-in closet. LARGE LOTS. Located in Raleigh, Preserve at Louisbury is centrally located and within close proximity to US-401 and I-540, making it a short commute to RTP and downtown Raleigh. Offering a mix of ranch and two-story single-family homes, these open floorplans feature spacious gourmet kitchens, functional flex spaces, and expansive great rooms with fireplaces. Plus residents will enjoy a private community swimming pool and cabana. Each Meritage home is built with innovative, energy-efficient features designed to help you enjoy more savings, better health, real comfort and peace of mind.

Last Agent to Sell the Property

Annita Bowden

Meritage Homes of the Carolina License #191587 Listed on: 12/22/2022

Last Buyer's Agent

Jennifer Donahue

Keller Williams Legacy License #265053

Keller Williams Legacy

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,323

Year Built

  • Built in 2023 | New Construction

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Dimensions are 100 x 100
  • Landscaped

HOA Fees

  • $65 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Private Driveway

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Frame Construction
  • Vinyl Siding
  • Low Volatile Organic Compounds (VOC) Products or Finishes

Interior Spaces

  • 2,794 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Gas Log Fireplace
  • Insulated Windows
  • Family Room
  • Dining Room
  • Home Office
  • Loft
  • Screened Porch
  • Pull Down Stairs to Attic

Kitchen

  • Built-In Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • ENERGY STAR Qualified Appliances
  • Quartz Countertops

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

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

Eco-Friendly Details

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

Outdoor Features

  • Rain Gutters

Schools

  • Harris Creek Elementary School
  • Rolesville Middle School
  • Rolesville High School

Utilities

  • Zoned Heating and Cooling
  • Tankless Water Heater
  • Gas Water Heater
  • Cable TV Available

Community Details

  • Elite Management Association, Phone Number (919) 233-7660
  • Built by Meritage Homes
  • Preserve At Louisbury Subdivision, Chatham Floorplan

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,323

Year Built

Built in 2023 | New Construction

Lot Details

0

HOA Fees

$65 per month

Parking

2

Listing Details

  • Builder Name: Meritage Homes
  • Builder Model: Chatham
  • Year Built: 2023
  • Prop. Type: Residential
  • Subdivision Name: Preserve at Louisbury
  • Above Grade Finished Sq Ft: 2794.0
  • Architectural Style: Contemporary
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: Yes
  • Efficiency: Lighting
  • Contract Information Ownership Type: Other
  • General Property Information Lot Size Dimensions: 100 x 100
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Association Fee 2 Required YN: No
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: Yes
  • Appliances Microwave: Yes
  • Wall Oven: Yes
  • Attic Features Pull-Down Stairs: Yes
  • Flooring Tile: Yes
  • Foundation Details Slab: 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
  • Interior Features Separate Shower: 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 Den2: Yes
  • Room Types Dining Room2: Yes
  • Room Types Family Room2: Yes
  • Room Types Office: Yes
  • Room Types Primary Bedroom Level: 2
  • Flooring Vinyl: Yes
  • Room Types Bedroom 5 Level: M
  • Room Types Loft: Yes
  • Utilities Cable Available: Yes
  • Construction Materials Low VOC PaintSealantVarnish: Yes
  • Green Building Verification Type WaterSense: Yes
  • General Property Information Association Phone: 919-233-7660
  • General Property Information Senior Community YN: No
  • Green Indoor Air Quality Ventilation: Yes
  • Architectural Style Contemporary: Yes
  • Green Water Conservation Low-Flow Fixtures: Yes
  • General Property Information Above Grade Finished Area: 2794.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 10454.4
  • General Property Information Lot Size Acres: 0.24
  • General Property Information Builder Name: Meritage Homes
  • General Property Information Builder Model: Chatham
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Tile, Vinyl
  • Interior Amenities: High Ceilings, Pantry, Quartz Counters, Separate Shower, Walk-In Closet(s)
  • Appliances: ENERGY STAR Qualified Appliances, Gas Cooktop, Gas Water Heater, Microwave, Range Hood, Tankless Water Heater, Wall Oven
  • Basement YN: No
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Fireplace Features: Gas Log
  • Fireplaces: 1
  • Total Bedrooms: 10
  • Appliances:Gas Cooktop: Yes
  • Appliances:Range Hood: Yes
  • Appliances:Tankless Water Heater: Yes
  • Interior Features:High Ceilings: Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Quartz Counters: Yes
  • Appliances:ENERGY STAR Qualified Appliances: Yes
  • Fireplace Features:Gas Log: Yes
  • Appliances:Gas Water Heater: Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Exterior Features: Rain Gutters
  • Acres: 0.24
  • Construction Type: Low VOC Paint/Sealant/Varnish, Vinyl Siding
  • Foundation Details: Slab
  • Patio And Porch Features: Porch, Screened
  • Exterior Features:Rain Gutters: Yes
  • Lot Features:Landscaped: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Screened: Yes
  • Construction Materials:Vinyl Siding: Yes
  • Window Features:Insulated Windows: Yes

Garage/Parking

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

Utilities

  • Utilities: Cable Available
  • Heating: Electric, Zoned
  • Cooling: Zoned
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Electric4: Yes
  • Heating:Zoned2: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association #2 Fee Frequency: Monthly
  • Association Fee: 65.0
  • Association Fee Frequency: Monthly
  • Association Name: Elite Management
  • Phone: 919-233-7660
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: Elite Management
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 65.0
  • General Property Information:Association Fee Frequency: Monthly
  • General Property Information:Association Fee 2 Frequency: Monthly

Schools

  • Ninth Grade High School: Wake - Rolesville
  • Middle Or Junior School: Wake - Rolesville

Lot Info

  • Zoning: RES
  • Lot Dimensions: 100 x 100
  • Lot Size Sq Ft: 10454.4
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Green Features

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

Tax Info

  • Tax Annual Amount: 1.0
  • Tax Year: 2022
  • Tax Map Number: 1

MLS Schools

  • Elementary School: Wake - Harris Creek

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 22, 2022
Closed on
Mar 2, 2023
Sold by
Meritage Homes Of The Carolinas Inc
Bought by
Ezeamurunamma Obinna C and Ezeamurunamma Ijeoma M
Seller's Agent
Annita Bowden
Meritage Homes of the Carolina
Buyer's Agent
Jennifer Donahue
Keller Williams Legacy
List Price
$497,990
Sold Price
$487,000
Premium/Discount to List
-$10,990
-2.21%
Views
1
Current Estimated Value
$556,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$69,000
Avg. Annual Appreciation
5.23%
Original Mortgage
$437,000
Outstanding Balance
$423,330
Interest Rate
6.15%
Mortgage Type
New Conventional
Estimated Equity
$132,670
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
Ezeamurunamma Obinna C $487,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ezeamurunamma Obinna C $437,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/15/2023 12/15/23 Off Market $487,000 -- --
03/02/2023 03/02/23 Sold $487,000 -3.0% $174 / Sq Ft
01/04/2023 01/04/23 Pending -- -- --
12/30/2022 12/30/22 Price Changed $501,990 -1.3% $180 / Sq Ft
12/29/2022 12/29/22 Price Changed $508,815 +2.2% $182 / Sq Ft
12/22/2022 12/22/22 For Sale $497,990 -- $178 / 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 $4,323 $493,431 $110,000 $383,431
2024 $4,305 $493,431 $110,000 $383,431
2023 $3,602 $328,578 $50,000 $278,578
2022 $506 $50,000 $50,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2487944

Doorify MLS

APN: 1747.02-77-8817-000