NOT LISTED FOR SALE

408 Palmer Pointe Way Unit Lot 1917 Holly Springs, NC 27540

Estimated Value: $628,778 - $654,000

3 Beds
2.5 Baths
2,241 Sq Ft
$286/Sq Ft Est. Value

Last Sold October 20, 2022

Last sale price $617,221 $275 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $3,975/month

1 Day on Market

Highlights

  • Fitness Center
  • Tennis Courts
  • Clubhouse
  • Lufkin Road Middle School Rated A
  • New Construction
  • Transitional Architecture

About This Home

As of October 2022

This is a sold home. For comp purposes.

Last Agent to Sell the Property

Stephanie Miller

SM North Carolina Brokerage License #179078 Listed on: 03/31/2022

Last Buyer's Agent

Paige Wilson

On Point Properties NC License #306653

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2022 | New Construction

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 52 x 122 x 49 x 123
  • Irrigation Equipment

HOA Fees

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Private Driveway

Home Design

  • Transitional Architecture
  • Brick or Stone Mason
  • Slab Foundation
  • Stem Wall Foundation
  • Frame Construction
  • Board and Batten Siding
  • Low Volatile Organic Compounds (VOC) Products or Finishes
  • Radiant Barrier
  • Stone

Interior Spaces

  • 2,241 Sq Ft Home
  • 2-Story Property
  • Smooth Ceilings
  • High Ceiling
  • Gas Fireplace
  • Sealed Combustion
  • Insulated Windows
  • Mud Room
  • Entrance Foyer
  • Family Room with Fireplace
  • Living Room
  • Open Floorplan
  • Sun or Florida Room
  • Screened Porch
  • Utility Room
  • Scuttle Attic Hole
  • Storm Windows

Kitchen

  • Self-Cleaning Oven
  • Gas Range
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • ENERGY STAR Qualified Appliances
  • Quartz Countertops

Flooring

  • Carpet
  • Tile
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Low Flow Plumbing Fixtures
  • Private Water Closet
  • Bathtub with Shower
  • Shower Only

Laundry

  • Laundry Room
  • Laundry on upper level

Accessible Home Design

  • Accessible Doors

Eco-Friendly Details

  • Energy-Efficient Lighting
  • Energy-Efficient Thermostat
  • No or Low VOC Paint or Finish

Outdoor Features

  • Tennis Courts
  • Playground

Schools

  • Holly Springs Elementary School
  • Lufkin Road Middle School
  • Apex Friendship High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • High Speed Internet

Listing and Financial Details

  • Home warranty included in the sale of the property

Community Details

Overview

  • Ppm Management Association
  • Social Membership Association
  • Built by Stanley Martin Homes
  • 12 Oaks Subdivision, The Talbot Elevation C Floorplan

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Playground
  • Fitness Center
  • Community Pool
  • Trails

Home Details

Home Type

Single Family

Year Built

Built in 2022 | New Construction

Lot Details

0

HOA Fees

$190 per month

Parking

2

Listing Details

  • Builder Name: Stanley Martin Homes
  • Builder Model: The Talbot - Elevation C
  • Year Built: 2022
  • Prop. Type: Residential
  • Subdivision Name: 12 Oaks
  • Above Grade Finished Sq Ft: 2241.0
  • Architectural Style: Transitional
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: Yes
  • Efficiency: Lighting, Thermostat
  • Contract Information Ownership Type: Other
  • General Property Information Lot Size Dimensions: 52 x 122 x 49 x 123
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Association Fee 2 Required YN: Yes
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: Yes
  • Appliances Microwave: Yes
  • Architectural Style Transitional: Yes
  • Cooling Central Air: Yes
  • Flooring Luxury Vinyl: Yes
  • Flooring Tile: Yes
  • Foundation Details Slab: Yes
  • Interior Features BathtubShower Combination: Yes
  • Interior Features KitchenDining Room 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: 2022-09-01
  • Construction Materials Radiant Barrier: Yes
  • Cooling Zoned: Yes
  • Flooring Carpet: Yes
  • Interior Features Smooth Ceilings: Yes
  • Levels Two: Yes
  • Property Condition Framed: Yes
  • Room Types Bedroom 2 Level: 2
  • Room Types Bedroom 3 Level: 2
  • Room Types Family Room2: Yes
  • Room Types Primary Bedroom Level: 2
  • Interior Features LivingDining Room Combination: Yes
  • Laundry Features Upper Level: Yes
  • Room Types Utility Room: Yes
  • Room Types Living Room2: Yes
  • Interior Features Bathtub Only: Yes
  • Interior Features Shower Only: Yes
  • Room Types Sunroom: Yes
  • Remarks and Miscellaneous Syndication Remarks2: This is a sold home.
  • Construction Materials Low VOC PaintSealantVarnish: Yes
  • Attic Features Scuttle: Yes
  • Green Water Conservation Low-Flow Fixtures: Yes
  • General Property Information Association Name 2: Social Membership
  • Other Equipment Irrigation Equipment: Yes
  • Room Types Mud Room: Yes
  • General Property Information Above Grade Finished Area: 2241.0
  • General Property Information Carport YN: No
  • Foundation Details Stem Walls: Yes
  • General Property Information Lot Size Square Feet2: 6534.0
  • General Property Information Lot Size Acres: 0.15
  • General Property Information:Living Area3: 2241.0
  • General Property Information Builder Name: Stanley Martin Homes
  • General Property Information Builder Model: The Talbot - Elevation C
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Luxury Vinyl, Tile
  • Interior Amenities: Bathtub Only, Bathtub/Shower Combination, Entrance Foyer, High Ceilings, High Speed Internet, Kitchen/Dining Room Combination, Living/Dining Room Combination, Pantry, Quartz Counters, Shower Only, Smooth Ceilings, Walk-In Closet(s), Water Closet
  • Appliances: Dishwasher, ENERGY STAR Qualified Appliances, Gas Range, Gas Water Heater, Microwave, Plumbed For Ice Maker, Self Cleaning Oven
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Family Room, Gas, Sealed Combustion
  • Fireplaces: 1
  • Appliances Dishwasher: Yes
  • Appliances:Plumbed For Ice Maker: Yes
  • Community Features:Playground2: Yes
  • Community Features:Pool2: Yes
  • Interior Features:Entrance Foyer: Yes
  • Interior Features:High Ceilings: Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Fireplace Features:Family Room: Yes
  • Fireplace Features:Sealed Combustion: Yes
  • Interior Features:Quartz Counters: Yes
  • Appliances:ENERGY STAR Qualified Appliances: Yes
  • Appliances:Gas Water Heater: Yes
  • Appliances:Self Cleaning Oven: Yes
  • Fireplace Features:Gas4: Yes
  • Appliances:Gas Range: Yes
  • Interior Features:High Speed Internet: Yes
  • Community Features:Fitness Center2: Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Exterior Features: Playground, Tennis Court(s)
  • Acres: 0.15
  • Home Warranty: Yes
  • Construction Type: Board & Batten Siding, Fiber Cement, Low VOC Paint/Sealant/Varnish, Radiant Barrier, Stone
  • Foundation Details: Slab, Stem Walls
  • Patio And Porch Features: Porch, Screened
  • Accessibility Features:Accessible Door(s): Yes
  • Construction Materials:Fiber Cement: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Screened: Yes
  • Construction Materials:Board Batten Siding: Yes
  • Construction Materials:Stone: Yes
  • Window Features:Insulated Windows: Yes
  • Window Features:Storm Window(s): Yes
  • Exterior Features:Playground3: Yes
  • Exterior Features:Tennis Court(s)3: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Concrete, Driveway, Garage, Garage Faces Front
  • Parking Features:Attached: Yes
  • 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

  • Heating: Forced Air, Natural Gas, Zoned
  • Cooling: Central Air, Zoned
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes
  • Heating:Zoned2: Yes

Condo/Co-op/Association

  • Community Features: Fitness Center, Playground, Pool
  • Association #2 Fee: 103.0
  • Association #2 Fee Frequency: Monthly
  • Association Fee: 87.0
  • Association Fee Frequency: Monthly
  • Association: Social Membership
  • Association Name: PPM Management
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: PPM Management
  • Association Amenities:Pool: Yes
  • Association Amenities:Trail(s): Yes
  • Association Amenities:Tennis Courts: 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
  • General Property Information:Association Fee 2: 103.0
  • General Property Information:Association Fee 2 Frequency: Monthly

Schools

  • Ninth Grade High School: Wake - Apex Friendship
  • Middle Or Junior School: Wake - Lufkin Road

Lot Info

  • Lot Dimensions: 52 x 122 x 49 x 123
  • Lot Size Sq Ft: 6534.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Green Features

  • Green Water Conservation: Low-Flow Fixtures
  • Green Energy Efficient:Lighting2: Yes
  • Green Energy Efficient:Thermostat: Yes

MLS Schools

  • Elementary School: Wake - Holly Springs

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2022
Closed on
Oct 20, 2022
Sold by
Stanley Martin Homes Llc
Bought by
Scherschel Paul and Scherschel Kira
Seller's Agent
Stephanie Miller
SM North Carolina Brokerage
Buyer's Agent
Paige Wilson
On Point Properties NC
List Price
$617,221
Sold Price
$617,221
Current Estimated Value
$641,445

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,224
Avg. Annual Appreciation
1.23%
Original Mortgage
$524,638
Outstanding Balance
$504,325
Interest Rate
5.89%
Mortgage Type
New Conventional
Estimated Equity
$137,120
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Scherschel Paul $617,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Scherschel Paul $524,638
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/15/2023 12/15/23 Off Market $617,221 -- --
10/20/2022 10/20/22 Sold $617,221 0.0% $275 / Sq Ft
04/01/2022 04/01/22 Pending -- -- --
03/31/2022 03/31/22 For Sale $617,221 -- $275 / 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 $4,963 $574,325 $130,000 $444,325
2024 $4,942 $574,325 $130,000 $444,325
2023 $4,416 $407,608 $100,000 $307,608
2022 $1,041 $100,000 $100,000 $0
2021 $1,022 $100,000 $100,000 $0
2020 $0 $100,000 $100,000 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2022

    Stephanie Miller

    SM North Carolina Brokerage

    (919) 369-1273

    153 in this area

    863 Total Sales

    Stephanie Miller
    Section Image
  • Paige Wilson

    Buyer's Agent in 2022

    Paige Wilson

    On Point Properties NC

    (919) 801-0101

    1 in this area

    78 Total Sales

    Paige Wilson
    Section Image
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Map

Source: Doorify MLS

MLS Number: 2445916

Doorify MLS

APN: 0730.04-92-5525-000

North Carolina Wake County Holly Springs 27539

408 Palmer Pointe Way Unit Lot 1917, Holly Springs, NC

Not Listed for Sale

Detached

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