NOT LISTED FOR SALE

4708 Cypress Tree Ln Unit 27 Raleigh, NC 27612

Crabtree Neighborhood

Estimated Value: $656,000

3 Beds
3.5 Baths
2,298 Sq Ft
$285/Sq Ft Est. Value

Last Sold December 18, 2024

Last sale price $637,839 $278 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $4,017/month

Highlights

  • New Construction
  • Deck
  • 2 Car Attached Garage
  • Stough Elementary School Rated A-
  • Traditional Architecture
  • ENERGY STAR Qualified Air Conditioning

About This Home

As of December 2024

Welcome to this stunning luxury townhome that combines elegance and comfort in every detail. Featuring 3 spacious bedrooms and 3.5 modern bathrooms, this residence is designed for both relaxation and entertainment. The gourmet kitchen is a chef's dream, boasting a large island with exquisite quartz countertops and high-end appliances. The open living space is accentuated by soaring 9-foot ceilings and a stylish linear gas fireplace, creating a warm and inviting atmosphere. Enjoy the versatility of the rec room on the first floor, perfect for unwinding or hosting guests. Step outside to the patio and deck that overlook a serene, natural wooded area, offering a peaceful retreat right at home. Conveniently located near major interstates, you'll be just minutes from PNC Center, Crabtree Valley Mall, and a variety of shopping, dining, and downtown attractions. Outdoor enthusiasts will appreciate the easy access to greenways leading to Umstead Park and the Raleigh Greenway systems. This townhome provides the ideal blend of luxury, convenience, and natural beauty.

Last Agent to Sell the Property

Nicki Cramer

Ashton Woods Homes License #279139 Listed on: 10/06/2024

Ashton Woods Homes

Last Buyer's Agent

Joshua Fields

Compass -- Raleigh License #331643

Compass -- Raleigh

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $6,300

Year Built

  • Built in 2025 | New Construction

Lot Details

  • 1,742 Sq Ft Lot

HOA Fees

  • $145 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Home is estimated to be completed on 1/30/25
  • Traditional Architecture
  • Tri-Level Property
  • Slab Foundation
  • Frame Construction
  • Architectural Shingle Roof
  • Low Volatile Organic Compounds (VOC) Products or Finishes
  • HardiePlank Type

Interior Spaces

  • 2,298 Sq Ft Home
  • Electric Fireplace
  • Family Room with Fireplace

Kitchen

  • Built-In Oven
  • Gas Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Smart Appliances
  • Disposal

Flooring

  • Carpet
  • Tile
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Eco-Friendly Details

  • ENERGY STAR Qualified Equipment for Heating
  • No or Low VOC Paint or Finish

Outdoor Features

  • Deck
  • Patio

Schools

  • Stough Elementary School
  • Oberlin Middle School
  • Broughton High School

Utilities

  • ENERGY STAR Qualified Air Conditioning
  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Tankless Water Heater

Community Details

  • Association fees include ground maintenance, storm water maintenance
  • Charleston Management Association, Phone Number (919) 847-3003
  • Built by Tri Pointe Homes
  • Elm Park Subdivision, Lexington Floorplan

Listing and Financial Details

  • Assessor Parcel Number 0786513122

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$6,300

Year Built

Built in 2025 | New Construction

Lot Details

0

HOA Fees

$145 per month

Parking

2

Listing Details

  • Builder Name: Tri Pointe Homes
  • Builder Model: Lexington
  • Year Built: 2025
  • Prop. Type: Residential
  • Road Surface Type: Asphalt
  • Reso Association Fee Includes: Maintenance Grounds, Storm Water Maintenance
  • Subdivision Name: Elm Park
  • Above Grade Finished Sq Ft: 2298.0
  • Architectural Style: Traditional
  • Garage Yn: Yes
  • Unit Levels: Tri-Level
  • New Construction: Yes
  • Effective Year Built: 2025
  • Contract Information Ownership Type: Townhouse
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: Yes
  • Appliances Microwave: Yes
  • Wall Oven: Yes
  • Cooling Central Air: Yes
  • Flooring Luxury Vinyl: Yes
  • Flooring Tile: Yes
  • Foundation Details Slab: Yes
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • Contract Information Estimated Completion Date: 2025-01-30
  • Cooling:Electric: Yes
  • Flooring Carpet: Yes
  • Property Condition Framed: Yes
  • Architectural Style Traditional: Yes
  • Remarks and Miscellaneous Syndication Remarks2: Welcome to this stunning luxury townhome that combines elegance and comfort in every detail. Featuring 3 spacious bedrooms and 3.5 modern bathrooms, this residence is designed for both relaxation and entertainment. The gourmet kitchen is a chef's dream, boasting a large island with exquisite quartz countertops and high-end appliances. The open living space is accentuated by soaring 9-foot ceilings and a stylish linear gas fireplace, creating a warm and inviting atmosphere. Enjoy the versatility of the rec room on the first floor, perfect for unwinding or hosting guests. Step outside to the patio and deck that overlook a serene, natural wooded area, offering a peaceful retreat right at home. Conveniently located near major interstates, you'll be just minutes from PNC Center, Crabtree Valley Mall, and a variety of shopping, dining, and downtown attractions. Outdoor enthusiasts will appreciate the easy access to greenways leading to Umstead Park and the Raleigh Greenway systems. This townhome provides the ideal blend of luxury, convenience, and natural beauty.
  • Construction Materials Low VOC PaintSealantVarnish: Yes
  • General Property Information Association Phone: (919) 847-3003
  • Levels Tri-Level: Yes
  • General Property Information Enhanced Accessible2: No
  • General Property Information Monthly Association Fees2: 145.0
  • General Property Information Above Grade Finished Area: 2298.0
  • Structure Type Townhouse: Yes
  • Roof Architectural Shingle: Yes
  • General Property Information Lot Size Square Feet2: 1742.4
  • Cooling ENERGY STAR Qualified Equipment: Yes
  • General Property Information Lot Size Acres: 0.04
  • General Property Information:Living Area3: 2298.0
  • General Property Information Builder Name: Tri Pointe Homes
  • General Property Information Builder Model: Lexington
  • Special Features: NewHome
  • Property Sub Type: Townhouses
  • Year Renovated: 2025

Interior Features

  • Flooring: Carpet, Luxury Vinyl, Tile
  • Appliances: Dishwasher, Disposal, Gas Cooktop, Gas Oven, Microwave, Smart Appliance(s), Tankless Water Heater, Wall Oven
  • Basement YN: No
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Electric, Family Room
  • Fireplaces: 1
  • Appliances Dishwasher: Yes
  • Appliances:Gas Cooktop: Yes
  • Appliances:Tankless Water Heater: Yes
  • Fireplace Features:Family Room: Yes
  • Fireplace Features:Fireplaces Total: 1
  • Fireplace Features:Electric2: Yes
  • Appliances:Smart Appliance(s): Yes
  • Appliances:Gas Oven: Yes

Exterior Features

  • Roof: Architectural Shingle
  • Acres: 0.04
  • Construction Type: Concrete, Glass, HardiPlank Type, Low VOC Paint/Sealant/Varnish
  • Foundation Details: Slab
  • Patio And Porch Features: Deck, Patio
  • Patio And Porch Features:Patio: Yes
  • Patio And Porch Features:Deck2: Yes
  • Construction Materials:HardiPlank Type: Yes
  • Construction Materials:Concrete2: Yes
  • Construction Materials:Glass: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Open Parking: No
  • Total Parking Spaces: 4.0
  • General Property Information:Garage Spaces: 2.0
  • General Property Information:Attached Garage YN: Yes
  • General Property Information:Parking Total: 4.0
  • General Property Information:Open Parking YN2: No

Utilities

  • Heating: Central, ENERGY STAR Qualified Equipment, Forced Air, Natural Gas
  • Cooling: Central Air, Electric, ENERGY STAR Qualified Equipment
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes
  • Heating:Central: Yes
  • Heating:ENERGY STAR Qualified Equipment2: Yes

Condo/Co-op/Association

  • Association Fee: 145.0
  • Association Fee Frequency: Monthly
  • Association Name: Charleston Management
  • Phone: 919-847-3003
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: Charleston Management
  • Association Fee Includes:Maintenance Grounds2: Yes
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 145.0
  • General Property Information:Association Fee Frequency: Monthly

Schools

  • Ninth Grade High School: Wake - Broughton
  • Middle Or Junior School: Wake - Oberlin

Lot Info

  • Lot Size Sq Ft: 1742.4
  • ResoLotSizeUnits: Acres
  • Parcel #: 0786513122
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 6300.0
  • Tax Year: 2025

MLS Schools

  • Elementary School: Wake - Stough

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 6, 2024
Closed on
Dec 18, 2024
Sold by
Tri Pointe Homes Inc and Tri Pointe Homes Holdings Inc
Bought by
Melfi Nicholas J and Melfi Anthony J
Seller's Agent
Nicki Cramer
Ashton Woods Homes
Buyer's Agent
Joshua Fields
Compass -- Raleigh
List Price
$621,362
Sold Price
$637,839
Premium/Discount to List
$16,477
2.65%
Views
3
Current Estimated Value
$656,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,161
Avg. Annual Appreciation
2.85%
Original Mortgage
$510,271
Outstanding Balance
$506,258
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$149,742
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Melfi Nicholas J $638,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Melfi Nicholas J $510,271
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/18/2024 12/18/24 Sold $637,839 +2.7% $278 / Sq Ft
10/06/2024 10/06/24 Pending -- -- --
10/06/2024 10/06/24 For Sale $621,362 -- $270 / 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 $5,088 $581,128 $80,000 $501,128
2024 $625 $80,000 $80,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Nicki Cramer

    Seller's Agent in 2024

    Nicki Cramer

    Ashton Woods Homes

    (919) 961-1582

    30 in this area

    45 Total Sales

    Nicki Cramer
    Section Image

  • J

    Buyer's Agent in 2024

    Joshua Fields

    Compass -- Raleigh

    (919) 717-2635

    2 in this area

    46 Total Sales

    Joshua Fields
    Section Image
See All Agents

Map

Source: Doorify MLS

MLS Number: 10056812

Doorify MLS

APN: 0786.19-51-3122-000

North Carolina Wake County Raleigh 27612 Crabtree

4708 Cypress Tree Ln Unit 27, Raleigh, NC

Not Listed for Sale

Townhouses

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