NOT LISTED FOR SALE

401 Colwick Ln Morrisville, NC 27560

Estimated Value: $341,000 - $374,000

3 Beds
2.5 Baths
1,331 Sq Ft
$269/Sq Ft Est. Value

Last Sold May 05, 2022

Last sale price $367,401 $276 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $2,302/month

2 Days on Market

Highlights

  • Traditional Architecture
  • Wood Flooring
  • 1 Fireplace
  • Parkside Elementary School Rated A
  • Main Floor Primary Bedroom
  • End Unit

About This Home

As of May 2022

Beautiful Townhome with vaulted ceilings in a very desirable location! Fireplace and Primary bedroom on the first floor! This is a must see and it will not last long. This townhome is also a terrific investment opportunity and is currently leased through Jan 2023. The lease could terminated with an acceptable offer.

Last Agent to Sell the Property

George Winters

Bold Real Estate License #287115 Listed on: 04/03/2022

Last Buyer's Agent

Steven Norris

EXP Realty LLC License #273129

EXP Realty LLC

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 2003

Lot Details

  • 1,307 Sq Ft Lot
  • End Unit

HOA Fees

  • $132 Monthly HOA Fees

Parking

  • Assigned Parking

Home Design

  • Traditional Architecture
  • Vinyl Siding

Interior Spaces

  • 1,331 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Living Room
  • Dining Room

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main

Outdoor Features

  • Patio

Schools

  • Parkside Elementary School
  • Alston Ridge Middle School
  • Panther Creek High School

Utilities

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

Community Details

  • Hamlet In The Park Subdivision

Townhouse Details

Home Type

Townhome

Year Built

Built in 2003

Lot Details

0

HOA Fees

$132 per month

Listing Details

  • Year Built: 2003
  • Prop. Type: Residential
  • Subdivision Name: Hamlet in the Park
  • Above Grade Finished Sq Ft: 1331.0
  • Architectural Style: Traditional
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Contract Information Ownership Type: Townhouse
  • 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: Yes
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Structure Type Site Built: Yes
  • Flooring Carpet: Yes
  • Flooring Hardwood: Yes
  • Levels Two: Yes
  • Room Types Bedroom 2 Level: 2
  • Room Types Bedroom 3 Level: 2
  • Room Types Dining Room2: Yes
  • Architectural Style Traditional: Yes
  • Room Types Primary Bedroom Level: M
  • Room Types Living Room2: Yes
  • Common Walls End Unit: Yes
  • General Property Information Above Grade Finished Area: 1331.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 1306.8
  • General Property Information Lot Size Acres: 0.03
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Flooring: Carpet, Hardwood, Tile
  • Appliances: Gas Water Heater
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Total Bedrooms: 6
  • Appliances:Gas Water Heater: Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Acres: 0.03
  • Common Walls: End Unit
  • Construction Type: Vinyl Siding
  • Patio And Porch Features: Patio
  • Construction Materials:Vinyl Siding: Yes
  • Patio And Porch Features:Patio: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Assigned
  • Parking Features:Assigned: Yes

Utilities

  • Heating: Forced Air, Natural Gas
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association Fee: 132.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • General Property Information:Association Fee: 132.0
  • General Property Information:Association Fee Frequency: Monthly

Schools

  • Ninth Grade High School: Wake - Panther Creek
  • Middle Or Junior School: Wake - Alston Ridge

Lot Info

  • Lot Dimensions: See plat
  • Lot Size Sq Ft: 1306.8
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 217448.0
  • Tax Year: 2021

MLS Schools

  • Elementary School: Wake - Parkside

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 3, 2022
Closed on
May 5, 2022
Sold by
Kleinstreuer Nicole C and Kleinstreuer Jason Andrew
Bought by
Vishnubhatla Siva Rama Satish and Vishnubhatla Sai Sudha
Seller's Agent
George Winters
Bold Real Estate
Buyer's Agent
Steven Norris
EXP Realty LLC
List Price
$340,000
Sold Price
$367,401
Premium/Discount to List
$27,401
8.06%
Current Estimated Value
$358,326

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$9,075
Avg. Annual Appreciation
-0.72%
Original Mortgage
$255,000
Outstanding Balance
$240,346
Interest Rate
4.42%
Mortgage Type
New Conventional
Estimated Equity
$117,980

Purchase Details

Closed on
Aug 10, 2009
Sold by
Nochlin Bruce J
Bought by
Kleinstreuer Nicole C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 25, 2007
Sold by
Hud
Bought by
Nochlin Bruce J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,100
Interest Rate
6.65%
Mortgage Type
Unknown

Purchase Details

Closed on
May 9, 2007
Sold by
Espinal Jose
Bought by
Hud

Purchase Details

Closed on
Dec 18, 2003
Sold by
Westfield Homes Of The Carolinas Llc
Bought by
Espinal Jose R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,530
Interest Rate
5.97%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
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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
Vishnubhatla Siva Rama Satish $735 Midtown Property Law
Kleinstreuer Nicole C $147,500 None Available
Nochlin Bruce J -- None Available
Hud $135,032 None Available
Espinal Jose R $133,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vishnubhatla Siva Rama Satish $255,000
Previous Owner Kleinstreuer Nicole C $120,000
Previous Owner Nochlin Bruce J $131,100
Previous Owner Espinal Jose R $131,530
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/14/2023 12/14/23 Off Market $367,401 -- --
05/05/2022 05/05/22 Sold $367,401 +8.1% $276 / Sq Ft
04/11/2022 04/11/22 Pending -- -- --
04/09/2022 04/09/22 For Sale $340,000 -- $255 / 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 $3,225 $366,690 $95,000 $271,690
2024 $3,211 $366,690 $95,000 $271,690
2023 $2,356 $223,123 $59,000 $164,123
2022 $2,272 $223,123 $59,000 $164,123
2021 $2,174 $223,123 $59,000 $164,123
2020 $2,162 $223,123 $59,000 $164,123
2019 $1,835 $162,309 $42,000 $120,309
2018 $1,728 $162,309 $42,000 $120,309
2017 $1,664 $162,309 $42,000 $120,309
2016 $1,628 $162,309 $42,000 $120,309
2015 $1,617 $155,882 $36,000 $119,882
2014 $1,541 $155,882 $36,000 $119,882
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2440165

Doorify MLS

APN: 0746.04-63-2512-000