NOT LISTED FOR SALE

407 Plank Bridge Way Morrisville, NC 27560

Estimated Value: $404,000 - $429,000

4 Beds
3 Baths
1,932 Sq Ft
$218/Sq Ft Est. Value

Last Sold March 22, 2023

Last sale price $395,000 $204 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $2,683/month

54 Days on Market

Highlights

  • Traditional Architecture
  • Wood Flooring
  • Community Pool
  • Cedar Fork Elementary Rated A
  • End Unit
  • Forced Air Heating and Cooling System

About This Home

As of March 2023

Situated the heart of Morrisville, this END UNIT Townhome is the perfect LOCK & LEAVE property! Featuring 4 BEDS (1 on the Main Floor), 3 FULL BATHS, and RED OAK HARDWOODS throughout the first floor. Located just MINUTES from any amenity you can think of! Wegmans, Parks, Publix, Aquatic Center, Gyms, you name it. Greenways are just steps away from the front door! Don't miss out on this AMAZING home! PS, it's East facing!!

Last Agent to Sell the Property

Jonathan Pugeda

Real Broker, LLC License #311345 Listed on: 11/11/2022

Real Broker, LLC

Co-Listed By

Cassidy Baker

eXp Realty, LLC - C License #311027

Last Buyer's Agent

Yogesh Borkar

Evershine Properties, Inc. License #284407

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,428

Year Built

  • Built in 2007

Lot Details

  • 3,049 Sq Ft Lot
  • End Unit

HOA Fees

  • $200 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Garage Door Opener
  • Private Driveway
  • On-Street Parking

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 1,932 Sq Ft Home
  • 2-Story Property

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

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
  • Gas Water Heater

Community Details

Overview

  • Association fees include ground maintenance, maintenance structure
  • Downing Village Subdivision

Recreation

  • Community Pool

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,428

Year Built

Built in 2007

Lot Details

0

HOA Fees

$200 per month

Parking

1

Listing Details

  • Year Built: 2007
  • Prop. Type: Residential
  • Reso Association Fee Includes: Maintenance Grounds, Maintenance Structure
  • Co List Office Phone: 888-584-9431
  • Subdivision Name: Downing Village
  • Above Grade Finished Sq Ft: 1932.0
  • 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: No
  • Appliances Microwave: Yes
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Foundation Details Slab: Yes
  • Laundry Features Main Level: Yes
  • Structure Type Site Built: Yes
  • Flooring Carpet: Yes
  • Flooring Hardwood: Yes
  • Levels Two: Yes
  • Architectural Style Traditional: Yes
  • Appliances Refrigerators: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Common Walls End Unit: Yes
  • General Property Information Above Grade Finished Area: 1932.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 3049.2
  • General Property Information Lot Size Acres: 0.07
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Flooring: Carpet, Hardwood, Tile
  • Appliances: Dishwasher, Dryer, Gas Range, Gas Water Heater, Microwave, Refrigerator, Washer
  • Basement YN: No
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Appliances Dishwasher: Yes
  • Community Features:Street Lights: Yes
  • Appliances:Gas Water Heater: Yes
  • Appliances:Gas Range: Yes

Exterior Features

  • Acres: 0.07
  • Common Walls: End Unit
  • Construction Type: Brick, Vinyl Siding
  • Foundation Details: Slab
  • Construction Materials:Vinyl Siding: Yes
  • Construction Materials:Brick: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Concrete, Driveway, Garage, Garage Door Opener, On Street
  • Parking Features:Garage: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Concrete4: Yes
  • Parking Features:Driveway: Yes
  • Parking Features:On Street: Yes
  • General Property Information:Garage Spaces: 1.0

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

  • Community Features: Street Lights
  • Association Fee: 200.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • Association Amenities:Pool: Yes
  • Association Fee Includes:Maintenance Grounds2: Yes
  • Association Fee Includes:Maintenance Structure2: Yes
  • General Property Information:Association Fee: 200.0
  • General Property Information:Association Fee Frequency: Monthly

Schools

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

Lot Info

  • Lot Dimensions: See Plat
  • Lot Size Sq Ft: 3049.2
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2428.0
  • Tax Year: 2022

MLS Schools

  • Elementary School: Wake - Cedar Fork

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 2, 2023
Sold by
Alvero Bernardita
Bought by
Narkhede Makrand M and Narkhede Bilagyashri Makrand
Current Estimated Value
$420,563

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,250
Interest Rate
5.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 29, 2007
Sold by
D R Horton Inc
Bought by
Alvero Emmanuel and Alvero Bernardita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,660
Interest Rate
6.27%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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Average Value
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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
Narkhede Makrand M $395,000 --
Narkhede Makrand M $395,000 None Listed On Document
Alvero Emmanuel $199,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Narkhede Makrand M $375,250
Previous Owner Alvero Emmanuel $150,660
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/15/2023 12/15/23 Off Market $395,000 -- --
03/22/2023 03/22/23 Sold $395,000 -4.8% $204 / Sq Ft
01/04/2023 01/04/23 Pending -- -- --
12/09/2022 12/09/22 Price Changed $415,000 -7.6% $215 / Sq Ft
11/11/2022 11/11/22 For Sale $449,000 -- $232 / 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 $3,380 $391,965 $95,000 $296,965
2024 $3,307 $391,965 $95,000 $296,965
2023 $2,521 $249,645 $56,000 $193,645
2022 $2,428 $249,645 $56,000 $193,645
2021 $2,379 $249,645 $56,000 $193,645
2020 $2,392 $249,645 $56,000 $193,645
2019 $2,054 $189,980 $46,000 $143,980
2018 $1,928 $189,980 $46,000 $143,980
2017 $1,853 $189,980 $46,000 $143,980
2016 $1,826 $189,980 $46,000 $143,980
2015 $1,900 $190,917 $33,000 $157,917
2014 -- $190,917 $33,000 $157,917
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2483322

Doorify MLS

APN: 0745.11-75-3803-000