NOT LISTED FOR SALE

4209 Lofty Ridge Place Morrisville, NC 27560

Northwest Cary Neighborhood

Estimated Value: $459,136 - $528,000

3 Beds
2.5 Baths
1,985 Sq Ft
$249/Sq Ft Est. Value

Last Sold June 30, 2021

Last sale price $425,000 $214 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $3,091/month

4 Days on Market

Highlights

  • Traditional Architecture
  • Wood Flooring
  • Forced Air Zoned Heating and Cooling System
  • Parkside Elementary School Rated A
  • Brick or Stone Mason
  • 2 Car Garage

About This Home

As of June 2021

Immaculately Maintained townhome in a Prime Morrisville location. Open layout with Hardwood on the entire 1st floor. Nicely upgraded Kitchen with Granite countertops, tile backsplash with huge island. Decent Living room and a huge dining room. Multi-purpose Loft on second floor. Nice size Master bed, dual vanity, separate tub and shower in master bath. Two additional beds. Screened porch with a privacy is in the back. Close to RTP, Shopping and activities. What more? Shh, not far from Apple !

Last Agent to Sell the Property

Latesh Patel

LP Realty License #253953 Listed on: 05/15/2021

Last Buyer's Agent

Phani Bolisetty

AAP Realty License #288767

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,215

Year Built

  • Built in 2017

Lot Details

  • 2,614 Sq Ft Lot

HOA Fees

  • $130 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Traditional Architecture
  • Brick or Stone Mason
  • Stone

Interior Spaces

  • 1,985 Sq Ft Home
  • 2-Story Property
  • Wood Flooring

Bedrooms and Bathrooms

  • 3 Bedrooms

Schools

  • Parkside Elementary School
  • Alston Ridge Middle School
  • Panther Creek High School

Utilities

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

Community Details

  • Elite Management Association
  • Phillips Place Subdivision

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,215

Year Built

Built in 2017

Lot Details

0

HOA Fees

$130 per month

Parking

2

Listing Details

  • Year Built: 2017
  • Prop. Type: Residential
  • Subdivision Name: Phillips Place
  • Above Grade Finished Sq Ft: 1985.0
  • 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
  • Sewer:Public Sewer: Yes
  • Structure Type Site Built: Yes
  • Water Source Public: Yes
  • Cooling Zoned: Yes
  • Flooring Hardwood: Yes
  • Levels Two: Yes
  • Architectural Style Traditional: Yes
  • General Property Information Above Grade Finished Area: 1985.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 2613.6
  • General Property Information Lot Size Acres: 0.06
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Flooring: Hardwood
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Total Bedrooms: 6

Exterior Features

  • Acres: 0.06
  • Construction Type: Stone
  • 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: Electric, Forced Air, Natural Gas
  • Cooling: Zoned
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Electric4: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association Fee: 130.0
  • Association Fee Frequency: Monthly
  • Association Name: Elite Management
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: Elite Management
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 130.0
  • General Property Information:Association Fee Frequency: Monthly

Schools

  • Ninth Grade High School: Wake - Panther Creek
  • Middle Or Junior School: Wake - Alston Ridge

Lot Info

  • Lot Dimensions: See Plat
  • Lot Size Sq Ft: 2613.6
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3215.0
  • Tax Year: 2020

MLS Schools

  • Elementary School: Wake - Parkside

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2021
Closed on
Jun 30, 2021
Sold by
Ku Sujin J and Kim Meehyang S
Bought by
Srivatsav Srini Ramaseshan
Seller's Agent
Latesh Patel
LP Realty
Buyer's Agent
Phani Bolisetty
AAP Realty
Sold Price
$425,000
Current Estimated Value
$494,784

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$69,784
Avg. Annual Appreciation
3.60%
Original Mortgage
$325,000
Outstanding Balance
$294,887
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$199,897

Purchase Details

Closed on
Jul 19, 2017
Sold by
Lenar Carolinas Llc
Bought by
Ku Sujin K and Kim Meehyang S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,743
Interest Rate
3.89%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Srivatsav Srini Ramaseshan $425,000 None Available
Ku Sujin K $3,105,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Srivatsav Srini Ramaseshan $325,000
Previous Owner Ku Sujin K $304,743
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/15/2023 12/15/23 Off Market $425,000 -- --
06/30/2021 06/30/21 Sold $425,000 -- $214 / Sq Ft
05/19/2021 05/19/21 Pending -- -- --
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 $4,022 $466,943 $100,000 $366,943
2024 $3,935 $466,943 $100,000 $366,943
2023 $3,390 $336,333 $71,000 $265,333
2022 $3,264 $336,333 $71,000 $265,333
2021 $3,198 $336,333 $71,000 $265,333
2020 $3,215 $336,333 $71,000 $265,333
2019 $3,056 $283,539 $65,000 $218,539
2018 $2,868 $283,539 $65,000 $218,539
Source: Public Records

Agents Affiliated with this Home

  • Latesh Patel

    Seller's Agent in 2021

    Latesh Patel

    LP Realty

    (919) 342-9625

    9 in this area

    219 Total Sales

    Latesh Patel
    Section Image

  • P

    Buyer's Agent in 2021

    Phani Bolisetty

    AAP Realty

    (919) 523-3121

    6 in this area

    81 Total Sales

    Phani Bolisetty
    Section Image
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Map

Source: Doorify MLS

MLS Number: 2384044

Doorify MLS

APN: 0735.02-78-2850-000

North Carolina Wake County Morrisville 27560 Northwest Cary

4209 Lofty Ridge Place, Morrisville, NC

This home is located at 4209 Lofty Ridge Place, Morrisville, NC 27560 since 15 May 2021 and is currently estimated at $494,784, approximately $249 per square foot. This property was built in 2017. 4209 Lofty Ridge Place is a home located in Wake County with nearby schools including Parkside Elementary School, Alston Ridge Middle School, and Panther Creek High School.

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.

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