NOT LISTED FOR SALE

417 Faxton Way Unit 391 Holly Springs, NC 27540

Estimated Value: $841,000

6 Beds
5 Baths
3,535 Sq Ft
$238/Sq Ft Est. Value

Last Sold March 17, 2023

Last sale price $794,000 $225 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $4,972/month

139 Days on Market

Highlights

  • Fitness Center
  • New Construction
  • Clubhouse
  • Buckhorn Creek Elementary Rated A
  • ENERGY STAR Certified Homes
  • Wooded Lot

About This Home

As of March 2023

Beech with FINISHED Basement. This amazing home has a formal dining, guest bedroom, gourmet kitchen, screen in porch overlooking wooded tree line!! The second floor has four bedrooms , 3 full baths , loft and amazing laundry room with sink. To finish out this home it has a walk out finished basement with a game room, bedroom and full bath. This home has a beautiful flat yard on wooded tree line. Amazing Finance promotion must close by by 3/31. Call on site agent for details.

Last Agent to Sell the Property

Adair Preston

M/I Homes of Raleigh LLC License #244923 Listed on: 09/09/2022

Co-Listed By

Sabrina Field

M/I Homes of Raleigh LLC License #191693

Last Buyer's Agent

Joanie Simpson

Better Homes & Gardens Real Es License #333490

Better Homes & Gardens Real Es

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,793

Year Built

  • Built in 2023 | New Construction

Lot Details

  • 8,276 Sq Ft Lot
  • Wooded Lot

HOA Fees

  • $87 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Brick or Stone Mason
  • Slab Foundation
  • Frame Construction
  • Stone

Interior Spaces

  • 2-Story Property
  • High Ceiling
  • Mud Room
  • Great Room with Fireplace
  • Family Room
  • Breakfast Room
  • Dining Room
  • Den
  • Screened Porch
  • Pull Down Stairs to Attic
  • Basement

Kitchen

  • Gas Cooktop
  • Range Hood
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • In-Law or Guest Suite
  • 5 Full Bathrooms
  • Private Water Closet
  • Soaking Tub
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on main level
  • Laundry Located Outside

Eco-Friendly Details

  • Energy-Efficient Lighting
  • ENERGY STAR Certified Homes
  • Energy-Efficient Thermostat
  • Water-Smart Landscaping

Outdoor Features

  • Rain Gutters

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

  • Association fees include ground maintenance
  • 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

$5,793

Year Built

Built in 2023 | New Construction

Lot Details

0

HOA Fees

$87 per month

Parking

2

Listing Details

  • Builder Name: M/I Homes
  • Year Built: 2023
  • Prop. Type: Residential
  • Reso Association Fee Includes: Maintenance Grounds
  • Co List Office Phone: 919-828-1106
  • Subdivision Name: Honeycutt Farm
  • Above Grade Finished Sq Ft: 2874.0
  • 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: Yes
  • General Property Information Fireplace YN: Yes
  • Attic Features Pull-Down Stairs: Yes
  • Flooring Tile: Yes
  • Foundation Details Slab: Yes
  • Interior Features Water Closet: Yes
  • Laundry Features Laundry Room: Yes
  • Laundry Features Main Level: Yes
  • Sewer:Public Sewer: Yes
  • Structure Type Site Built: Yes
  • Water Source Public: Yes
  • Contract Information Estimated Completion Date: 2023-02-01
  • Cooling Zoned: Yes
  • Flooring Carpet: 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 Den2: Yes
  • Room Types Dining Room2: Yes
  • Room Types Family Room2: Yes
  • Room Types Primary Bedroom Level: 2
  • Room Types Bedroom 5 Level: M
  • Room Types Breakfast Room: Yes
  • Flooring Wood: Yes
  • Pool Features Swimming Pool ComFee: Yes
  • Green Building Verification Type ENERGY STAR Certified Homes: Yes
  • Room Types Mud Room: Yes
  • Green Water Conservation Water-Smart Landscaping: Yes
  • General Property Information Above Grade Finished Area: 2874.0
  • General Property Information Below Grade Finished Area: 661.0
  • General Property Information Carport YN: No
  • Laundry Features Outside2: Yes
  • General Property Information Lot Size Square Feet2: 8276.4
  • General Property Information Lot Size Acres: 0.19
  • General Property Information Builder Name: M/I Homes
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Combination, Tile, Wood
  • Interior Amenities: High Ceilings, In-Law Floorplan, Pantry, Soaking Tub, Walk-In Closet(s), Walk-In Shower, Water Closet
  • Appliances: Dishwasher, Gas Cooktop, Gas Water Heater, Range Hood
  • Basement YN: Yes
  • Full Bathrooms: 5
  • Total Bedrooms: 6
  • Below Grade Sq Ft: 661.0
  • Fireplace Features: Great Room
  • Fireplaces: 1
  • Appliances Dishwasher: Yes
  • Appliances:Gas Cooktop: Yes
  • Appliances:Range Hood: Yes
  • Community Features:Playground2: Yes
  • Interior Features:High Ceilings: Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Walk-In Shower: Yes
  • Appliances:Gas Water Heater: Yes
  • Interior Features:Soaking Tub: Yes
  • Interior Features:In-Law Floorplan: Yes
  • Fireplace Features:Great Room: Yes
  • Community Features:Fitness Center2: Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Exterior Features: Rain Gutters
  • Acres: 0.19
  • Home Warranty: Yes
  • Construction Type: Fiber Cement, Stone
  • Foundation Details: Slab
  • Patio And Porch Features: Porch, Screened
  • Construction Materials:Fiber Cement: Yes
  • Exterior Features:Rain Gutters: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Screened: Yes
  • Lot Features:Wooded: Yes
  • Construction Materials:Stone: 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: 87.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • Association Amenities:Pool: Yes
  • Association Amenities:Trail(s): Yes
  • Association Fee Includes:Maintenance Grounds2: 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 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: 8276.4
  • 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

Listed on
Sep 9, 2022
Closed on
Mar 17, 2023
Sold by
M/I Homes Of Raleigh Llc
Bought by
Tyler Scott Richard
Seller's Agent
Adair Preston
M/I Homes of Raleigh LLC
Buyer's Agent
Joanie Simpson
Better Homes & Gardens Real Es
List Price
$829,717
Sold Price
$794,000
Premium/Discount to List
-$35,717
-4.3%
Views
73
Current Estimated Value
$841,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,000
Avg. Annual Appreciation
2.23%
Original Mortgage
$714,600
Outstanding Balance
$692,004
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
$148,996
Source: Public Records

Range of Values:

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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
Tyler Scott Richard $794,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tyler Scott Richard $714,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/15/2023 12/15/23 Off Market $794,000 -- --
03/17/2023 03/17/23 Sold $794,000 -4.3% $225 / Sq Ft
01/26/2023 01/26/23 Pending -- -- --
11/22/2022 11/22/22 For Sale $829,717 0.0% $235 / Sq Ft
11/22/2022 11/22/22 Pending -- -- --
09/09/2022 09/09/22 For Sale $829,717 -- $235 / 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 $5,793 $670,844 $145,000 $525,844
2024 $5,769 $670,844 $145,000 $525,844
2023 $2,414 $223,800 $80,000 $143,800
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
  • Joanie Simpson

    Buyer's Agent in 2023

    Joanie Simpson

    Better Homes & Gardens Real Es

    (919) 622-8682

    3 in this area

    40 Total Sales

    Joanie Simpson
    Section Image
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Map

Source: Doorify MLS

MLS Number: 2473349

Doorify MLS

APN: 0647.02-58-0214-000

North Carolina Wake County Holly Springs 27540

417 Faxton Way Unit 391, Holly Springs, NC

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