NOT LISTED FOR SALE

401 Faxton Way Unit 395 Holly Springs, NC 27540

Estimated Value: $756,000

5 Beds
4.5 Baths
3,004 Sq Ft
$252/Sq Ft Est. Value

Last Sold June 21, 2023

Last sale price $715,000 $238 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $4,491/month

210 Days on Market

Highlights

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

About This Home

As of June 2023

Bolton C with first floor guest bedroom, finished walk out basement in Honeycutt Farm. Over 3000 SF, back to woods, 9 ft ceilings on 1st and 2nd floors, 5 bedrooms, 4.5 baths, screened in porch, gourmet kitchen, gas log fireplace, tons of finished and unfinished storage. Owner's suite with deluxe owner's bath with large walk in shower with seat and niche. Home is ready now!

Last Agent to Sell the Property

Elizabeth Bartee

M/I Homes of Raleigh LLC License #330123 Listed on: 09/09/2022

Co-Listed By

Sabrina Field

M/I Homes of Raleigh LLC License #191693

Last Buyer's Agent

Sreedhar Anchuri

NARS REALTY LLC License #345375

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,358

Year Built

  • Built in 2023 | New Construction

Lot Details

  • 7,841 Sq Ft Lot
  • Landscaped with Trees

HOA Fees

  • $87 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Front Facing Garage
  • Private Driveway

Home Design

  • Craftsman Architecture
  • Brick Exterior Construction
  • Frame Construction

Interior Spaces

  • 3-Story Property
  • Smooth Ceilings
  • High Ceiling
  • Gas Log Fireplace
  • Insulated Windows
  • Mud Room
  • Entrance Foyer
  • Great Room with Fireplace
  • Family Room
  • Living Room
  • Breakfast Room
  • Dining Room
  • Bonus Room
  • Screened Porch
  • Pull Down Stairs to Attic
  • Basement

Kitchen

  • Built-In Double Convection Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • Private Water Closet
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on upper level

Eco-Friendly Details

  • ENERGY STAR Certified Homes

Outdoor Features

  • Private Pool
  • Deck
  • Patio
  • Playground
  • Rain Gutters

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

  • Ppm, Inc. 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

$5,358

Year Built

Built in 2023 | New Construction

Lot Details

0

HOA Fees

$87 per month

Parking

2

Listing Details

  • Builder Name: M/I Homes
  • Year Built: 2023
  • Prop. Type: Residential
  • Co List Office Mls Id: 71213
  • Co List Office Phone: 919-828-1106
  • Subdivision Name: Honeycutt Farm
  • Above Grade Finished Sq Ft: 2232.0
  • Architectural Style: Craftsman
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Three Or More
  • New Construction: Yes
  • Contract Information Ownership Type: Other
  • General Property Information Below Grade Unfinished Area: 222.0
  • General Property Information Total Unfinished Area2: 222.0
  • General Property Information Lot Size Dimensions: see plat
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: Yes
  • General Property Information Fireplace YN: Yes
  • Appliances Microwave: Yes
  • Wall Oven: Yes
  • Attic Features Pull-Down Stairs: Yes
  • Flooring Tile: Yes
  • Interior Features BathtubShower Combination: 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: 2023-03-01
  • Cooling Zoned: Yes
  • Flooring Carpet: Yes
  • Flooring Hardwood: Yes
  • Interior Features Smooth Ceilings: Yes
  • Lot Features Hardwood Trees: Yes
  • Property Condition Framed: Yes
  • Room Types Bedroom 2 Level: 2
  • Room Types Bedroom 3 Level: 2
  • Room Types Bedroom 4 Level: M
  • Room Types Bonus Room: Yes
  • Room Types Dining Room2: Yes
  • Room Types Family Room2: Yes
  • Room Types Primary Bedroom Level: 2
  • Laundry Features Upper Level: Yes
  • Room Types Bedroom 5 Level: B
  • Room Types Great Room2: Yes
  • Room Types Living Room2: Yes
  • Room Types Breakfast Room: Yes
  • Utilities Cable Available: Yes
  • Architectural Style Craftsman: Yes
  • Green Building Verification Type ENERGY STAR Certified Homes: Yes
  • General Property Information Senior Community YN: No
  • Flooring Laminate: Yes
  • Levels Three Or More: Yes
  • Room Types Mud Room: Yes
  • Pool Features Private4: Yes
  • General Property Information Above Grade Finished Area: 2232.0
  • General Property Information Below Grade Finished Area: 772.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 7840.8
  • General Property Information Lot Size Acres: 0.18
  • General Property Information Builder Name: M/I Homes
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Hardwood, Laminate, Tile
  • Interior Amenities: Bathtub/Shower Combination, Entrance Foyer, Granite Counters, High Ceilings, High Speed Internet, Pantry, Smooth Ceilings, Walk-In Closet(s), Walk-In Shower, Water Closet
  • Appliances: Convection Oven, Dishwasher, Double Oven, Gas Cooktop, Gas Water Heater, Microwave, Plumbed For Ice Maker, Range Hood, Wall Oven
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 772.0
  • Fireplace Features: Gas, Gas Log, Great Room
  • Fireplaces: 1
  • Total Bedrooms: 9
  • Appliances Dishwasher: Yes
  • Appliances:Gas Cooktop: Yes
  • Appliances:Plumbed For Ice Maker: Yes
  • Appliances:Range Hood: Yes
  • Community Features:Playground2: 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:Gas Log: Yes
  • Appliances:Gas Water Heater: Yes
  • Fireplace Features:Gas4: Yes
  • Appliances:Double Oven: Yes
  • Interior Features:High Speed Internet: Yes
  • Fireplace Features:Great Room: Yes
  • Community Features:Fitness Center2: Yes
  • Appliances:Convection Oven: Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Exterior Features: Playground, Rain Gutters
  • Acres: 0.18
  • Home Warranty: Yes
  • Construction Type: Brick, Fiber Cement
  • Patio And Porch Features: Covered, Deck, Patio, Porch, Screened
  • Construction Materials:Fiber Cement: Yes
  • Exterior Features:Rain Gutters: Yes
  • Lot Features:Landscaped: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Screened: Yes
  • Patio And Porch Features:Covered2: Yes
  • Patio And Porch Features:Patio: Yes
  • Patio And Porch Features:Deck2: Yes
  • Window Features:Insulated Windows: Yes
  • Construction Materials:Brick: Yes
  • Exterior Features:Playground3: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Concrete, Driveway, Garage, Garage Faces Front
  • Parking Features:Garage: 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: Forced Air, Natural Gas
  • Cooling: Zoned
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Fitness Center, Playground
  • Senior Community: No
  • Association Fee: 87.0
  • Association Fee Frequency: Monthly
  • Association Name: PPM, Inc.
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: PPM, Inc.
  • Association Amenities:Pool: Yes
  • Association Amenities:Trail(s): Yes
  • Association Amenities:Clubhouse: Yes
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 87.0
  • 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: 7840.8
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

MLS Schools

  • Elementary School: Wake - Buckhorn Creek

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2022
Closed on
Jun 21, 2023
Sold by
M/I Homes Of Raleigh Llc
Bought by
Yella Hari Krishna Redd and Mungi Swathi
Seller's Agent
Elizabeth Bartee
M/I Homes of Raleigh LLC
Buyer's Agent
Sreedhar Anchuri
NARS REALTY LLC
List Price
$756,713
Sold Price
$715,000
Premium/Discount to List
-$41,713
-5.51%
Views
156
Current Estimated Value
$756,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,000
Avg. Annual Appreciation
2.40%
Original Mortgage
$572,000
Outstanding Balance
$556,593
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$199,407
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
Yella Hari Krishna Redd $715,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yella Hari Krishna Redd $572,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/15/2023 12/15/23 Off Market $715,000 -- --
06/21/2023 06/21/23 Sold $715,000 -2.7% $238 / Sq Ft
04/07/2023 04/07/23 Pending -- -- --
11/19/2022 11/19/22 Price Changed $735,000 -1.9% $245 / Sq Ft
10/18/2022 10/18/22 Price Changed $749,000 -1.0% $249 / Sq Ft
09/09/2022 09/09/22 For Sale $756,713 -- $252 / 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 $5,358 $620,286 $145,000 $475,286
2024 $5,336 $620,286 $145,000 $475,286
2023 $1,911 $177,200 $80,000 $97,200
2022 $0 $80,000 $80,000 $0
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2023

    Elizabeth Bartee

    M/I Homes of Raleigh LLC

    (919) 903-6127

    64 in this area

    133 Total Sales

    Elizabeth Bartee
    Section Image
  • Sabrina Field

    Seller Co-Listing Agent in 2023

    Sabrina Field

    M/I Homes of Raleigh LLC

    (919) 669-3321

    346 in this area

    481 Total Sales

    Sabrina Field
    Section Image

  • S

    Buyer's Agent in 2023

    Sreedhar Anchuri

    NARS REALTY LLC

    (571) 246-2398

    3 in this area

    14 Total Sales

    Sreedhar Anchuri
    Section Image
See All Agents

Map

Source: Doorify MLS

MLS Number: 2473411

Doorify MLS

APN: 0647.02-58-2281-000

North Carolina Wake County Holly Springs 27540

401 Faxton Way Unit 395, Holly Springs, NC

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