NOT LISTED FOR SALE

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

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Map

Source: Doorify MLS

MLS Number: 2384044

Doorify MLS

APN: 0735.02-78-2850-000