NOT LISTED FOR SALE

405 Plank Bridge Way Morrisville, NC 27560

Estimated Value: $361,000 - $365,030

3 Beds
2.5 Baths
1,573 Sq Ft
$230/Sq Ft Est. Value

Highlights

  • Community Pool
  • Rear Porch
  • Patio
  • Cedar Fork Elementary Rated A
  • 1 Car Attached Garage
  • Entrance Foyer

About This Home

As of June 2025

Updated, freshly painted beautiful 2 story townhome w/ 1 car garage, 3 bedroom, 2.5 baths in the heart of Morrisville off Townhall Drive. Both main and 2nd floor and steps have wood, no carpet floors. Kitchen has Island, solid surface countertop, SS Refrigerator, SS Dishwasher, Built in SS microwave, SS smooth top electric range, self cleaning oven, garbage disposal, dual sink, and plenty of cabinets, Breakfast bar, and a Pantry. Family/Living room has Fireplace, Book shelves, ceiling fan/light. Formal Dining area is spacious to entertain your guests. Main floor has a half bath pedestal sink and mirror, light and toilet. A nice size Patio in the back has privacy, and help you to enjoy the outdoor with your family, organizing a grille party, etc. Your guests can park in the Plank bridge cui-de-sac or in several guest parking lots in the Downing village community. Community has swimming pool, and clubhouse area. Second floor has a spacious Master bedroom w/ Vaulted ceiling, Walk in Closet. Master bath has garden tub, sink, separate stand up shower and toilet w/ privacy wall. There are 2 other spacious secondary bedrooms for your kids/guests or for a dedicated office/bonus room. There is a full bath w/ tub/shower combo in the second floor hall area. Laundry area has Washer & Dryer. East facing. Excellent Wake County schools. This property is located in an awesome location convenient to shopping, food, entertainment, work, etc. Don't miss!!

Last Agent to Rent the Property

Thomas John

Greater Triangle Realty License #241863 Listed on: 06/19/2025

Last Renter's Agent

Thomas John

Greater Triangle Realty License #241863 Listed on: 06/19/2025

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,062

Year Built

  • Built in 2007 | Remodeled

Lot Details

  • 1,742 Sq Ft Lot
  • East Facing Home

Parking

  • 1 Car Attached Garage
  • Private Driveway
  • 1 Open Parking Space

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 2-Story Property
  • Gas Log Fireplace
  • Entrance Foyer
  • Family Room with Fireplace

Kitchen

  • Electric Oven
  • Microwave
  • Ice Maker

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Rear Porch

Schools

  • Cedar Fork Elementary School
  • West Cary Middle School
  • Panther Creek High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Community Sewer or Septic

Listing and Financial Details

  • Security Deposit $2,175
  • Property Available on 6/2/25
  • Tenant pays for all utilities, electricity, gas, water
  • The owner pays for association fees
  • 12 Month Lease Term
  • $100 Application Fee

Community Details

Overview

  • Downing Village Subdivision
  • Park Phone (919) 454-6670

Recreation

  • Community Pool

Pet Policy

  • Pet Deposit $495
  • Dogs and Cats Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,062

Year Built

Built in 2007 | Remodeled

Lot Details

0

Parking

1

Rental Info

  • Tenant Pays: All Utilities, Electricity, Gas, Water
  • Lease Term: 12 Months
  • Owner Pays: Association Fees
  • Available Date: 2025-06-02

Listing Details

  • Year Built: 2007
  • Prop. Type: Residential Lease
  • Subdivision Name: Downing Village
  • Entry Level: 1
  • Unit Levels: Two
  • New Construction: No
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: Yes
  • Appliances Microwave: Yes
  • Cooling Central Air: Yes
  • Cooling:Electric: Yes
  • Levels Two: Yes
  • Room Types Primary Bedroom Level: Second
  • Laundry Features Upper Level: Yes
  • Appliances Refrigerators: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Laundry Features Laundry Closet: Yes
  • Water Source Community Water: Yes
  • General Property Information Enhanced Accessible2: No
  • Sewer Community Sewer: Yes
  • Contract Information Lease Term: 12 Months
  • Contract Information Availability Date: 2025-06-02
  • Contract Information Security Deposit2: 2175.0
  • Contract Information ManagerOwner Phone: 9194546670
  • Pets Allowed Cats OK: Yes
  • Pets Allowed Dogs OK: Yes
  • Property Condition UpdatedRemodeled: Yes
  • General Property Information Lot Size Square Feet2: 1742.4
  • General Property Information Lot Size Acres: 0.04
  • General Property Information Stories2: 2
  • General Property Information Direction Faces: East
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2

Interior Features

  • Flooring: See Remarks
  • Interior Amenities: Entrance Foyer, Pantry
  • Appliances: Dryer, Electric Oven, Ice Maker, Microwave, Refrigerator, Washer
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Family Room, Gas Log
  • Fireplaces: 1
  • Stories: 2
  • Community Features:Pool2: Yes
  • Interior Features:Entrance Foyer: Yes
  • Interior Features:Pantry: Yes
  • Fireplace Features:Family Room: Yes
  • Fireplace Features:Gas Log: Yes
  • Appliances:Electric Oven: Yes
  • Fireplace Features:Fireplaces Total: 1
  • Appliances:Ice Maker: Yes

Exterior Features

  • Fencing: None
  • Acres: 0.04
  • Direction Faces: East
  • Patio And Porch Features: Patio, Rear Porch
  • Patio And Porch Features:Patio: Yes
  • Patio And Porch Features:Rear Porch: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Open Parking Spaces: 1.0
  • Open Parking: Yes
  • Parking Features: Attached, Driveway
  • Total Parking Spaces: 2.0
  • Parking Features:Attached: Yes
  • Parking Features:Driveway: Yes
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 1.0
  • General Property Information:Attached Garage YN: Yes
  • General Property Information:Parking Total: 2.0
  • General Property Information:Open Parking YN2: Yes
  • General Property Information:Open Parking Spaces2: 1.0

Utilities

  • Heating: Forced Air, Natural Gas
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Community Water
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Pool
  • HOA Rent Includes: See Remarks
  • Fees Application Fee: 100.0
  • Fees Pet Deposit: 495.0

Association/Amenities

  • Owner Pays:Association Fees: Yes

Schools

  • Ninth Grade High School: Wake - Panther Creek
  • Middle Or Junior School: Wake - West Cary

Lot Info

  • Lot Size Sq Ft: 1742.4
  • ResoLotSizeUnits: Acres

MLS Schools

  • Elementary School: Wake - Cedar Fork

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 30, 2007
Sold by
D R Horton Inc
Bought by
John Thomas and Verghese Shibi
Current Estimated Value
$362,008

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,016
Outstanding Balance
$81,563
Interest Rate
6.27%
Mortgage Type
Unknown
Estimated Equity
$280,445
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
John Thomas $168,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open John Thomas $134,016
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/19/2025 06/19/25 For Rent $2,175 0.0% --
06/18/2025 06/18/25 Rented $2,175 -- --
06/02/2025 06/02/25 Under Contract -- -- --
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 $3,062 $354,882 $95,000 $259,882
2024 $2,996 $354,882 $95,000 $259,882
2023 $2,285 $226,012 $56,000 $170,012
2022 $2,200 $226,012 $56,000 $170,012
2021 $2,156 $226,012 $56,000 $170,012
2020 $2,167 $226,012 $56,000 $170,012
2019 $1,870 $172,774 $46,000 $126,774
2018 $1,755 $172,774 $46,000 $126,774
2017 $1,687 $172,774 $46,000 $126,774
2016 $1,662 $172,774 $46,000 $126,774
2015 $1,714 $172,036 $33,000 $139,036
2014 -- $172,036 $33,000 $139,036
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 10104180

Doorify MLS

APN: 0745.11-75-3801-000