RENTED APR 7, 2026

4249 Lofty Ridge Place Morrisville, NC 27560

Northwest Cary Neighborhood

Estimated Value: $516,000 - $575,000

4 Beds
3.5 Baths
2,772 Sq Ft
$196/Sq Ft Est. Value

Highlights

  • Deck
  • Balcony
  • Eat-In Kitchen
  • Parkside Elementary School Rated A
  • 2 Car Attached Garage
  • Walk-In Closet

About This Home

As of April 2026

AVAILABLE 2/25/2026! FINISHED BASEMENT 4 Bed, 3.5 Bath Townhouse! Open floor plan, kitchen with granite counters, backsplash, SS appliances, gas range & lots of cabinet space, 2nd-floor large master suite, and loft! Washer and dryer! HUGE BASEMENT w/massive living area & full bath. Great school assignment! Mins to shopping, RTP, RDU, I-40, I-540, & more! A MUST SEE

Last Agent to Rent the Property

Mathew Madappallil

Triangle Trinity Realty, Inc. License #260020 Listed on: 08/12/2025

Last Renter's Agent

Mathew Madappallil

Triangle Trinity Realty, Inc. License #260020 Listed on: 08/12/2025

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 2018

Lot Details

  • 2,178 Sq Ft Lot
  • Two or More Common Walls

HOA Fees

  • $160 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 2,772 Sq Ft Home
  • 3-Story Property
  • Gas Log Fireplace
  • Great Room with Fireplace
  • Combination Kitchen and Dining Room
  • Washer and Dryer

Kitchen

  • Eat-In Kitchen
  • Gas Cooktop
  • Microwave
  • Trash Compactor

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary bedroom located on third floor
  • Walk-In Closet
  • Walk-in Shower

Finished Basement

  • Heated Basement
  • Walk-Up Access
  • Bedroom in Basement

Outdoor Features

  • Balcony
  • Deck

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Electricity Not Available
  • Water Heater

Community Details

  • Association fees include ground maintenance, snow removal, storm water maintenance
  • Elite Management Association, Phone Number (919) 233-7660
  • Phillips Place Subdivision

Listing and Financial Details

  • Security Deposit $2,450
  • Property Available on 9/1/25
  • Tenant pays for all utilities, electricity, gas, pest control, sewer, water
  • The owner pays for management, taxes
  • 12 Month Lease Term

Townhouse Details

Home Type

Townhome

Year Built

Built in 2018

Lot Details

2,178 Sq Ft Lot

HOA Fees

$160 per month

Parking

2

Rental Info

  • Tenant Pays: All Utilities, Electricity, Gas, Pest Control, Sewer, Water
  • Lease Term: 12 Months
  • Owner Pays: Management, Taxes
  • Available Date: 2025-09-01

Listing Details

  • Year Built: 2018
  • Prop. Type: Residential Lease
  • Horses: No
  • Reso Association Fee Includes: Maintenance Grounds, Snow Removal, Storm Water Maintenance
  • Subdivision Name: Phillips Place
  • Above Grade Finished Sq Ft: 2772.0
  • Carport Y N: No
  • Entry Level: 1
  • Unit Levels: Three Or More
  • New Construction: No
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Association Fee 2 Required YN: No
  • Room Types Bedroom 2 Level: Third
  • Room Types Bedroom 3 Level: Third
  • Room Types Bedroom 4 Level: Basement
  • Room Types Primary Bedroom Level: Third
  • General Property Information Enhanced Accessible2: No
  • General Property Information Monthly Association Fees2: 160.0
  • Contract Information Security Deposit2: 2450
  • DelayedMarketingYN: No
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Flooring: Tile, Vinyl
  • Interior Amenities: Eat-in Kitchen, Walk-In Closet(s), Kitchen/Dining Room Combination, Walk-In Shower
  • Basement: Finished, Walk-Up Access, Heated
  • Spa Features: None
  • Private Spa: No
  • Appliances: Gas Cooktop, Microwave, Range, Refrigerator, Trash Compactor, Washer/Dryer, Water Heater
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Entry Location: Front door
  • Fireplace Features: Gas Log, Great Room
  • Fireplaces: 1
  • Stories: 3

Exterior Features

  • Roof: Other
  • Exterior Features: Balcony
  • Fencing: None
  • Acres: 0.05
  • Waterfront: No
  • Common Walls: 2+ Common Walls
  • Patio And Porch Features: Deck

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Open Parking: No
  • Parking Features: Attached, Concrete
  • Total Parking Spaces: 2.0
  • General Property Information:Garage YN: Yes

Utilities

  • Utilities: Electricity Not Available, Natural Gas Available, Sewer Available, Water Available
  • Heating: Forced Air
  • Green Building Features: Total Area Heated
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks
  • Senior Community: No
  • HOA Rent Includes: Management
  • Association Fee: 160.0
  • Association Fee Frequency: Monthly
  • Association Name: Elite Management
  • Phone: 919-233-7660
  • Association: Yes

Schools

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

Lot Info

  • Lot Size Sq Ft: 2178.0
  • ResoLotSizeUnits: Acres

MLS Schools

  • Elementary School: Wake - Parkside

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 12, 2025
Closed on
Mar 24, 2026
Sold by
Faraz Rehman and Erum Frahim
Bought by
4249 Lofty Ridge Pl Llc
Seller's Agent
Mathew Madappallil
Triangle Trinity Realty, Inc.
Buyer's Agent
Mathew Madappallil
Triangle Trinity Realty, Inc.
Sold Price
$2,295
Views
539
Current Estimated Value
$543,975

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$541,680

Purchase Details

Closed on
Feb 27, 2018
Sold by
Lennar Carrolinas Llc
Bought by
Rehman Faraz and Frahim Erum

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,615
Interest Rate
4.38%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
4249 Lofty Ridge Pl Llc -- None Listed On Document
Rehman Faraz $331,000 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner Rehman Faraz $130,615
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/07/2026 04/07/26 Rented $2,295 -0.2% --
10/17/2025 10/17/25 Price Changed $2,300 -6.1% $1 / Sq Ft
08/12/2025 08/12/25 For Rent $2,450 +1.0% --
07/02/2022 07/02/22 Rented $2,425 0.0% --
05/23/2022 05/23/22 Under Contract -- -- --
05/07/2022 05/07/22 For Rent $2,425 -- --
Source: Doorify MLS

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 $4,438 $515,425 $100,000 $415,425
2024 $4,342 $515,425 $100,000 $415,425
2023 $3,725 $369,746 $71,000 $298,746
2022 $3,586 $369,746 $71,000 $298,746
2021 $3,514 $369,746 $71,000 $298,746
2020 $3,533 $369,746 $71,000 $298,746
2019 $3,596 $334,031 $65,000 $269,031
2018 $687 $65,000 $65,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Mathew Madappallil

    Landlord's Agent in 2026

    Mathew Madappallil

    Triangle Trinity Realty, Inc.

    (919) 360-5771

    1 in this area

    78 Total Sales

    Mathew Madappallil
    Section Image
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Map

Source: Doorify MLS

MLS Number: 10115198

Doorify MLS

APN: 0735.02-79-5012-000

North Carolina Wake County Morrisville 27560 Northwest Cary

4249 Lofty Ridge Place, Morrisville, NC

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 2026 Doorify MLS, Inc. of North Carolina. All rights reserved.

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