NOT LISTED FOR SALE

432 Plank Bridge Way Morrisville, NC 27560

Estimated Value: $349,000 - $371,000

3 Beds
2.5 Baths
1,531 Sq Ft
$236/Sq Ft Est. Value

Last Sold August 17, 2023

Last sale price $370,000 $242 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $2,364/month

24 Days on Market

Highlights

  • Traditional Architecture
  • Wood Flooring
  • Forced Air Heating and Cooling System
  • Cedar Fork Elementary Rated A
  • 1 Car Attached Garage

About This Home

As of August 2023

This property is a great opportunity for anyone looking for a home with a natural color palette and flexible living space. The primary bathroom has good under sink storage and the interior has been freshly painted. Partial flooring replacement has been done, making it a great choice for anyone looking for a move-in ready home. With plenty of storage and living space, this property is sure to meet the needs of anyone looking for a great place to call home. Don't miss out on this amazing opportunity. This home has been virtually staged to illustrate its potential.

Last Agent to Sell the Property

Thomas Shoupe

Opendoor Brokerage LLC License #239817 Listed on: 06/20/2023

Co-Listed By

Lisa McGill

Opendoor Brokerage LLC License #318865

Last Buyer's Agent

Non Member

Non Member Office

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,133

Year Built

  • Built in 2007

Lot Details

  • 2,178 Sq Ft Lot
  • Lot Dimensions are 20 x 96

HOA Fees

  • $221 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Home Design

  • Traditional Architecture
  • Vinyl Siding
  • Masonite

Interior Spaces

  • 1,531 Sq Ft Home
  • 2-Story Property

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms

Schools

  • Cedar Fork Elementary School
  • West Cary Middle School
  • Panther Creek High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

  • Ppm, Inc. Association
  • Downing Village Subdivision

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,133

Year Built

Built in 2007

Lot Details

0

HOA Fees

$221 per month

Parking

1

Listing Details

  • Year Built: 2007
  • Prop. Type: Residential
  • Reso Association Fee Includes: None
  • Co List Office Phone: 480-462-5392
  • Subdivision Name: Downing Village
  • Above Grade Finished Sq Ft: 1531.0
  • 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: 20 x 96
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: No
  • Cooling Central Air: Yes
  • Structure Type Site Built: Yes
  • Flooring Carpet: Yes
  • Flooring Hardwood: Yes
  • Levels Two: Yes
  • Architectural Style Traditional: Yes
  • General Property Information Above Grade Finished Area: 1531.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 2178.0
  • General Property Information Lot Size Acres: 0.05
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Flooring: Carpet, Hardwood
  • Appliances: Gas Water Heater
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Appliances:Gas Water Heater: Yes

Exterior Features

  • Acres: 0.05
  • Construction Type: Masonite, Vinyl Siding
  • Construction Materials:Vinyl Siding: Yes
  • Construction Materials:Masonite: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Attached, Garage
  • Parking Features:Attached: Yes
  • Parking Features:Garage: Yes
  • General Property Information:Garage Spaces: 1.0

Utilities

  • Heating: Forced Air, Natural Gas
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association Fee: 221.0
  • Association Fee Frequency: Monthly
  • Association Name: PPM, Inc.
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: PPM, Inc.
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 221.0
  • General Property Information:Association Fee Frequency: Monthly

Schools

  • Ninth Grade High School: Wake - Panther Creek
  • Middle Or Junior School: Wake - West Cary

Lot Info

  • Zoning: RMFCU
  • Lot Dimensions: 20 x 96
  • Lot Size Sq Ft: 2178.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2133.0
  • Tax Year: 2022

MLS Schools

  • Elementary School: Wake - Cedar Fork

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 20, 2023
Closed on
Aug 17, 2023
Sold by
Opendoor Property Trust
Bought by
Gupta Indu
Seller's Agent
Thomas Shoupe
Opendoor Brokerage LLC
Buyer's Agent
Non Member
Non Member Office
List Price
$386,000
Sold Price
$370,000
Premium/Discount to List
-$16,000
-4.15%
Views
162
Current Estimated Value
$362,031

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$7,969
Avg. Annual Appreciation
-0.98%
Original Mortgage
$270,000
Outstanding Balance
$263,848
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$98,183

Purchase Details

Closed on
May 30, 2023
Sold by
Ponnusamy Rathnakumar and Ponnusamy Arulsudar
Bought by
Opendoor Property Trust

Purchase Details

Closed on
May 6, 2011
Sold by
Sharpe James
Bought by
Rong Xianghong

Purchase Details

Closed on
Mar 23, 2007
Sold by
D R Horton Inc
Bought by
Sharpe Jamese

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,104
Interest Rate
6.22%
Mortgage Type
Unknown
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
Gupta Indu $370,000 None Listed On Document
Opendoor Property Trust $337,000 None Listed On Document
Rong Xianghong $155,000 None Available
Sharpe Jamese $158,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gupta Indu $270,000
Previous Owner Sharpe Jamese $126,104
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/17/2023 08/17/23 Sold $370,000 -2.6% $242 / Sq Ft
07/14/2023 07/14/23 Pending -- -- --
07/13/2023 07/13/23 Price Changed $380,000 -1.6% $248 / Sq Ft
06/20/2023 06/20/23 For Sale $386,000 -- $252 / 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 $2,973 $344,585 $95,000 $249,585
2024 $2,909 $344,585 $95,000 $249,585
2023 $2,215 $219,110 $56,000 $163,110
2022 $2,133 $219,110 $56,000 $163,110
2021 $2,091 $219,110 $56,000 $163,110
2020 $2,102 $219,110 $56,000 $163,110
2019 $1,814 $167,511 $46,000 $121,511
2018 $1,702 $167,511 $46,000 $121,511
2017 $1,636 $167,511 $46,000 $121,511
2016 $1,612 $167,511 $46,000 $121,511
2015 $1,657 $166,261 $33,000 $133,261
2014 -- $166,261 $33,000 $133,261
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2517420

Doorify MLS

APN: 0745.11-76-2160-000