NOT LISTED FOR SALE

409 Palmer Pointe Way Unit Lot 1934 - Edison II Holly Springs, NC 27540

Estimated Value: $675,723 - $717,000

4 Beds
3 Baths
2,901 Sq Ft
$239/Sq Ft Est. Value

Last Sold January 12, 2023

Last sale price $641,313 $221 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $4,307/month

Highlights

  • Golf Course Community
  • Fitness Center
  • New Construction
  • Lufkin Road Middle School Rated A
  • Tennis Courts
  • Craftsman Architecture

About This Home

As of January 2023

For Comp Purposes Only

Last Agent to Sell the Property

Stephanie Miller

SM North Carolina Brokerage License #179078 Listed on: 11/26/2022

Last Buyer's Agent

Lakshmi Naresh Kosaraju

Truval Realty LLC License #294037

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2022 | New Construction

Lot Details

  • 6,970 Sq Ft Lot
  • Landscaped
  • Open Lot
  • Irrigation Equipment

HOA Fees

  • $205 Monthly HOA Fees

Parking

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

Home Design

  • Craftsman Architecture
  • Stem Wall Foundation
  • Frame Construction
  • Low Volatile Organic Compounds (VOC) Products or Finishes

Interior Spaces

  • 2,901 Sq Ft Home
  • 2-Story Property
  • Smooth Ceilings
  • High Ceiling
  • Gas Fireplace
  • Entrance Foyer
  • Family Room with Fireplace
  • Combination Kitchen and Dining Room
  • Loft
  • Bonus Room
  • Sun or Florida Room
  • Pull Down Stairs to Attic
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Dishwasher
  • ENERGY STAR Qualified Appliances
  • Quartz Countertops

Flooring

  • Carpet
  • Ceramic Tile
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms
  • Double Vanity
  • Low Flow Plumbing Fixtures
  • Separate Shower in Primary Bathroom
  • Separate Shower

Laundry

  • Laundry Room
  • Laundry on upper level

Eco-Friendly Details

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

Outdoor Features

  • Tennis Courts
  • Patio
  • Rain Gutters

Schools

  • Wake County Schools Elementary And Middle School
  • Wake County Schools High School

Utilities

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

Listing and Financial Details

  • Home warranty included in the sale of the property

Community Details

Overview

  • Association fees include road maintenance, storm water maintenance
  • Ppm, Inc Association
  • Built by Stanley Martin Homes
  • 12 Oaks Subdivision, Edison II E Floorplan

Amenities

  • Clubhouse

Recreation

  • Golf Course Community
  • 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

$205 per month

Parking

2

Listing Details

  • Builder Name: Stanley Martin Homes
  • Builder Model: Edison II E
  • Year Built: 2022
  • Prop. Type: Residential
  • Reso Association Fee Includes: Road Maintenance, Storm Water Maintenance
  • Subdivision Name: 12 Oaks
  • Above Grade Finished Sq Ft: 2901.0
  • Architectural Style: Craftsman
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: Yes
  • Efficiency: Lighting
  • Contract Information Ownership Type: Other
  • General Property Information Lot Size Dimensions: See Recorded Plat
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: Yes
  • Appliances Microwave: Yes
  • Wall Oven: Yes
  • Attic Features Pull-Down Stairs: Yes
  • Cooling Central Air: Yes
  • Flooring Luxury Vinyl: Yes
  • Flooring Tile: Yes
  • Interior Features KitchenDining Room Combination: Yes
  • Laundry Features Laundry Room: Yes
  • Security Features Smoke Detector(s): Yes
  • Sewer:Public Sewer: Yes
  • Structure Type Site Built: Yes
  • Water Source Public: Yes
  • Contract Information Estimated Completion Date: 2022-12-01
  • Cooling Zoned: Yes
  • Flooring Carpet: Yes
  • Flooring Ceramic Tile: Yes
  • Interior Features Separate Shower: Yes
  • Interior Features Smooth Ceilings: Yes
  • Levels Two: Yes
  • Property Condition Framed: Yes
  • Room Types Bonus Room: Yes
  • Room Types Family Room2: Yes
  • Laundry Features Upper Level: Yes
  • Room Types Loft: Yes
  • Room Types Sunroom: Yes
  • Architectural Style Craftsman: Yes
  • Construction Materials Low VOC PaintSealantVarnish: Yes
  • Green Water Conservation Low-Flow Fixtures: Yes
  • Other Equipment Irrigation Equipment: Yes
  • General Property Information Above Grade Finished Area: 2901.0
  • General Property Information Carport YN: No
  • Foundation Details Stem Walls: Yes
  • General Property Information Lot Size Square Feet2: 6969.6
  • General Property Information Lot Size Acres: 0.16
  • General Property Information:Living Area3: 2901.0
  • General Property Information Builder Name: Stanley Martin Homes
  • General Property Information Builder Model: Edison II E
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Ceramic Tile, Luxury Vinyl, Tile
  • Interior Amenities: Double Vanity, Eat-in Kitchen, Entrance Foyer, High Ceilings, Kitchen/Dining Room Combination, Pantry, Quartz Counters, Separate Shower, Smooth Ceilings, Walk-In Closet(s), Walk-In Shower
  • Appliances: Dishwasher, ENERGY STAR Qualified Appliances, Gas Cooktop, Gas Range, Gas Water Heater, Microwave, Range Hood, Wall Oven
  • Basement YN: No
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Family Room, Gas, Gas Starter
  • Fireplaces: 1
  • Appliances Dishwasher: Yes
  • Appliances:Gas Cooktop: Yes
  • Appliances:Range Hood: Yes
  • Community Features:Playground2: Yes
  • Community Features:Pool2: Yes
  • Interior Features:Double Vanity: Yes
  • Interior Features:Entrance Foyer: 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:Family Room: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Interior Features:Quartz Counters: Yes
  • Appliances:ENERGY STAR Qualified Appliances: Yes
  • Appliances:Gas Water Heater: Yes
  • Fireplace Features:Gas4: Yes
  • Appliances:Gas Range: Yes
  • Fireplace Features:Gas Starter: Yes
  • Community Features:Fitness Center2: Yes
  • Community Features:Golf: Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Exterior Features: Rain Gutters, Tennis Court(s)
  • Acres: 0.16
  • Home Warranty: Yes
  • Construction Type: Fiber Cement, Low VOC Paint/Sealant/Varnish
  • Foundation Details: Stem Walls
  • Patio And Porch Features: Patio
  • Construction Materials:Fiber Cement: Yes
  • Exterior Features:Rain Gutters: Yes
  • Lot Features:Landscaped: Yes
  • Patio And Porch Features:Patio: Yes
  • Lot Features:Open Lot: Yes
  • Exterior Features:Tennis Court(s)3: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Concrete, Driveway, Garage, Garage Door Opener, Garage Faces Front
  • Parking Features:Attached: Yes
  • Parking Features:Garage: Yes
  • Parking Features:Garage Door Opener: 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, Golf, Playground, Pool
  • Association Fee: 205.0
  • 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:Tennis Courts: Yes
  • Association Amenities:Clubhouse: Yes
  • Association Amenities:Golf Course: Yes
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 205.0
  • General Property Information:Association Fee Frequency: Monthly

Schools

  • Ninth Grade High School: Wake County Schools
  • Middle Or Junior School: Wake County Schools

Lot Info

  • Lot Dimensions: See Recorded Plat
  • Lot Size Sq Ft: 6969.6
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Green Features

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

MLS Schools

  • Elementary School: Wake County Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 26, 2022
Closed on
Jan 12, 2023
Sold by
Stanley Martin Companies Llc
Bought by
Kalanadhabhatla Venkata Reddy and Burugula Sri Gowri
Seller's Agent
Stephanie Miller
SM North Carolina Brokerage
Buyer's Agent
Lakshmi Naresh Kosaraju
Truval Realty LLC
List Price
$635,563
Sold Price
$641,313
Premium/Discount to List
$5,750
0.9%
Current Estimated Value
$694,181

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,868
Avg. Annual Appreciation
2.72%
Original Mortgage
$600,000
Outstanding Balance
$576,416
Interest Rate
5.25%
Mortgage Type
New Conventional
Estimated Equity
$117,765
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Kalanadhabhatla Venkata Reddy $641,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kalanadhabhatla Venkata Reddy $600,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/15/2023 12/15/23 Off Market $641,313 -- --
01/12/2023 01/12/23 Sold $641,313 +0.9% $221 / Sq Ft
11/25/2022 11/25/22 Pending -- -- --
11/25/2022 11/25/22 For Sale $635,563 -- $219 / 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 $5,444 $630,310 $130,000 $500,310
2024 $5,422 $630,310 $130,000 $500,310
2023 $4,848 $447,646 $100,000 $347,646
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 2023

    Stephanie Miller

    SM North Carolina Brokerage

    (919) 369-1273

    153 in this area

    863 Total Sales

    Stephanie Miller
    Section Image
  • Lakshmi Naresh Kosaraju

    Buyer's Agent in 2023

    Lakshmi Naresh Kosaraju

    Truval Realty LLC

    (630) 667-7713

    19 in this area

    150 Total Sales

    Lakshmi Naresh Kosaraju
    Section Image

  • L

    Buyer's Agent in 2023

    Lakshmi Nare Kosaraju

    Primus Realty LLC

See All Agents

Map

Source: Doorify MLS

MLS Number: 2485037

Doorify MLS

APN: 0730.04-92-5399-000

North Carolina Wake County Holly Springs 27539

409 Palmer Pointe Way Unit Lot 1934 - Edison II, Holly Springs, NC

Not Listed for Sale

Detached

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Doorify MLS Some IDX listings have been excluded from this IDX display. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. Listings marked with an icon are provided courtesy of the Doorify MLS, Inc. of North Carolina, Internet Data Exchange Database. Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property. Copyright 2025 Doorify MLS, Inc. of North Carolina. All rights reserved.

Nearby Homes