NOT LISTED FOR SALE

413 Faxton Way Unit 392 Holly Springs, NC 27540

Estimated Value: $981,000

6 Beds
5.5 Baths
4,362 Sq Ft
$225/Sq Ft Est. Value

Last Sold February 23, 2023

Last sale price $860,000 $197 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $5,756/month

8 Days on Market

Highlights

  • Fitness Center
  • New Construction
  • Wood Flooring
  • Buckhorn Creek Elementary Rated A
  • Clubhouse
  • Main Floor Bedroom

About This Home

As of February 2023

The amazing Blair A with a finished walk out Basement on a wooded tree line!!! This home has it all. First floor study, guest suite with private bath, powder room, fireplace, screen in porch, gourmet kitchen! The second floor has 4 bedrooms, 3 full baths and a loft. Finish out this home with an amazing walk out basement. The basement has a recreation room, bedroom with full bath and some unfinished space for storage. This home is framed and will be ready for Move in Jan/ Feb of 2023.Come see why Honeycutt Farm is one of the fastest selling communities in Holly Springs.

Last Agent to Sell the Property

Adair Preston

M/I Homes of Raleigh LLC License #244923 Listed on: 08/27/2022

Co-Listed By

Sabrina Field

M/I Homes of Raleigh LLC License #191693

Last Buyer's Agent

Maya Galletta

RE/MAX United License #258921

RE/MAX United

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,510

Year Built

  • Built in 2022 | New Construction

Lot Details

  • 828 Sq Ft Lot

HOA Fees

  • $79 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Slab Foundation
  • Frame Construction
  • Radiant Barrier

Interior Spaces

  • 2-Story Property
  • Smooth Ceilings
  • High Ceiling
  • 1 Fireplace
  • Mud Room
  • Family Room
  • Home Office
  • Loft
  • Screened Porch
  • Pull Down Stairs to Attic
  • Laundry on upper level

Kitchen

  • Eat-In Kitchen
  • Built-In Double Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Plumbed For Ice Maker
  • ENERGY STAR Qualified Appliances
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • Private Water Closet
  • Soaking Tub
  • Walk-in Shower

Eco-Friendly Details

  • Energy-Efficient Lighting
  • Energy-Efficient Thermostat
  • Water-Smart Landscaping

Schools

  • Buckhorn Creek Elementary School
  • Holly Grove Middle School
  • Holly Springs High School

Utilities

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

Listing and Financial Details

  • Home warranty included in the sale of the property

Community Details

Overview

  • 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

$6,510

Year Built

Built in 2022 | New Construction

Lot Details

0

HOA Fees

$79 per month

Parking

2

Listing Details

  • Builder Name: M/I Homes
  • Year Built: 2022
  • Prop. Type: Residential
  • Co List Office Phone: 919-828-1106
  • Subdivision Name: Honeycutt Farm
  • Above Grade Finished Sq Ft: 3315.0
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: Yes
  • Efficiency: Lighting, Thermostat
  • Contract Information Ownership Type: Other
  • General Property Information Lot Size Dimensions: see plat
  • 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
  • Wall Oven: Yes
  • Attic Features Pull-Down Stairs: Yes
  • Flooring Tile: Yes
  • Foundation Details Slab: Yes
  • Interior Features Water Closet: Yes
  • Sewer:Public Sewer: Yes
  • Structure Type Site Built: Yes
  • Water Source Public: Yes
  • Contract Information Estimated Completion Date: 2023-02-01
  • 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 Bedroom 4 Level: 2
  • Room Types Family Room2: Yes
  • Room Types Office: Yes
  • Room Types Primary Bedroom Level: 2
  • Laundry Features Upper Level: Yes
  • Room Types Bedroom 5 Level: M
  • Room Types Loft: Yes
  • Flooring Wood: Yes
  • Pool Features Swimming Pool ComFee: Yes
  • Room Types Mud Room: Yes
  • Green Water Conservation Water-Smart Landscaping: Yes
  • General Property Information Above Grade Finished Area: 3315.0
  • General Property Information Below Grade Finished Area: 1047.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 827.64
  • General Property Information Lot Size Acres: 0.019
  • General Property Information Builder Name: M/I Homes
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Combination, Tile, Wood
  • Interior Amenities: Eat-in Kitchen, Granite Counters, High Ceilings, Pantry, Smooth Ceilings, Soaking Tub, Walk-In Closet(s), Walk-In Shower, Water Closet
  • Appliances: Double Oven, ENERGY STAR Qualified Appliances, Gas Cooktop, Gas Water Heater, Microwave, Plumbed For Ice Maker, Range Hood, Wall Oven
  • Basement YN: No
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Below Grade Sq Ft: 1047.0
  • Fireplaces: 1
  • Appliances:Gas Cooktop: Yes
  • Appliances:Plumbed For Ice Maker: Yes
  • Appliances:Range Hood: Yes
  • Community Features:Playground2: 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
  • Interior Features:Eat-in Kitchen: Yes
  • Appliances:ENERGY STAR Qualified Appliances: Yes
  • Appliances:Gas Water Heater: Yes
  • Interior Features:Soaking Tub: Yes
  • Appliances:Double Oven: Yes
  • Community Features:Fitness Center2: Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Acres: 0.02
  • Home Warranty: Yes
  • Construction Type: Fiber Cement, Radiant Barrier
  • Foundation Details: Slab
  • Patio And Porch Features: Covered, Porch, Screened
  • Construction Materials:Fiber Cement: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Screened: Yes
  • Patio And Porch Features:Covered2: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Garage
  • Parking Features:Garage: Yes
  • General Property Information:Garage Spaces: 2.0

Utilities

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

Condo/Co-op/Association

  • Community Features: Fitness Center, Playground
  • Association #2 Fee Frequency: Monthly
  • Association Fee: 79.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • Association Amenities:Pool: Yes
  • Association Amenities:Trail(s): Yes
  • Association Amenities:Clubhouse: Yes
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 79.0
  • General Property Information:Association Fee Frequency: Monthly
  • General Property Information:Association Fee 2 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: 827.64
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Green Features

  • Green Water Conservation: Water-Smart Landscaping
  • Green Energy Efficient:Lighting2: Yes
  • Green Energy Efficient:Thermostat: Yes

MLS Schools

  • Elementary School: Wake - Buckhorn Creek

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 15, 2024
Sold by
Bahamonde Megan and Farrington Keithley
Bought by
Seshan Shree and Seshan Shree Nalini
Current Estimated Value
$981,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$741,600
Outstanding Balance
$731,709
Interest Rate
6%
Mortgage Type
New Conventional
Estimated Equity
$249,291

Purchase Details

Listed on
Aug 27, 2022
Closed on
Feb 23, 2023
Sold by
M/I Homes Of Raleigh Llc
Bought by
Bahamonde Megan and Farrington Keithley
Seller's Agent
Adair Preston
M/I Homes of Raleigh LLC
Buyer's Agent
Maya Galletta
RE/MAX United
List Price
$860,000
Sold Price
$860,000
Views
57

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.05%
Original Mortgage
$688,000
Interest Rate
6.33%
Mortgage Type
New Conventional
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
Seshan Shree $927,000 None Listed On Document
Bahamonde Megan $860,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Seshan Shree $741,600
Previous Owner Bahamonde Megan $688,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/15/2023 12/15/23 Off Market $860,000 -- --
02/23/2023 02/23/23 Sold $860,000 0.0% $197 / Sq Ft
09/04/2022 09/04/22 Pending -- -- --
08/27/2022 08/27/22 For Sale $860,000 -- $197 / 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 $6,510 $754,169 $145,000 $609,169
2024 $6,483 $754,169 $145,000 $609,169
2023 $4,648 $518,687 $80,000 $438,687
2022 $0 $80,000 $80,000 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2023

    Adair Preston

    M/I Homes of Raleigh LLC

  • 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
  • Maya Galletta

    Buyer's Agent in 2023

    Maya Galletta

    RE/MAX United

    (919) 473-6113

    15 in this area

    214 Total Sales

    Maya Galletta
    Section Image
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Map

Source: Doorify MLS

MLS Number: 2471891

Doorify MLS

APN: 0647.02-58-0272-000

North Carolina Wake County Holly Springs 27540

413 Faxton Way Unit 392, Holly Springs, NC

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