NOT LISTED FOR SALE

4740 Cypress Tree Ln Raleigh, NC 27612

Crabtree Neighborhood

Estimated Value: $644,000

3 Beds
3.5 Baths
2,298 Sq Ft
$280/Sq Ft Est. Value

Last Sold August 27, 2024

Last sale price $641,085 $279 Per Sq Ft

Current estimated payment $4,003/month

Highlights

  • New Construction
  • Transitional Architecture
  • Tile Flooring
  • Stough Elementary School Rated A-
  • 2 Car Attached Garage
  • Forced Air Heating and Cooling System

About This Home

As of August 2024

Lexington Floor Plan

Last Agent to Sell the Property

Alan Fluke

Tri Pointe Homes Inc License #247839 Listed on: 08/01/2024

Co-Listed By

Nicki Cramer

Ashton Woods Homes License #279139

Last Buyer's Agent

Akshay Patel

Ram Realty LLC License #352474

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,173

Year Built

  • Built in 2024 | New Construction

Lot Details

  • 1,742

HOA Fees

  • $145 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Transitional Architecture
  • Slab Foundation
  • Frame Construction
  • Architectural Shingle Roof
  • Low Volatile Organic Compounds (VOC) Products or Finishes
  • HardiePlank Type

Interior Spaces

  • 2,298 Sq Ft Home
  • 3-Story Property

Flooring

  • Carpet
  • Tile
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Schools

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

Utilities

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

Additional Features

  • No or Low VOC Paint or Finish
  • 1,742 Sq Ft Lot

Community Details

  • Association fees include ground maintenance
  • Charleston Management Association, Phone Number (919) 847-3003
  • Elm Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 16

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,173

Year Built

Built in 2024 | New Construction

Lot Details

0

HOA Fees

$145 per month

Parking

2

Listing Details

  • Year Built: 2024
  • Prop. Type: Residential
  • Reso Association Fee Includes: Maintenance Grounds
  • Co List Office Mls Id: 76028
  • Co List Office Phone: 919-736-6488
  • Subdivision Name: Elm Park
  • Above Grade Finished Sq Ft: 2298.0
  • Architectural Style: Transitional
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • New Construction: Yes
  • Effective Year Built: 2024
  • Contract Information Ownership Type: Townhouse
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: No
  • Architectural Style Transitional: 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: 2024-08-27
  • Cooling:Electric: Yes
  • Flooring Carpet: Yes
  • Property Condition Framed: Yes
  • Construction Materials Low VOC PaintSealantVarnish: Yes
  • General Property Information Association Phone: 919-847-3003
  • Levels Three Or More: Yes
  • General Property Information Enhanced Accessible2: No
  • General Property Information Monthly Association Fees2: 145.0
  • General Property Information Above Grade Finished Area: 2298.0
  • Roof Architectural Shingle: Yes
  • General Property Information Lot Size Square Feet2: 1742.4
  • General Property Information Lot Size Acres: 0.04
  • Special Features: NewHome
  • Property Sub Type: Townhouses
  • Year Renovated: 2024

Interior Features

  • Flooring: Carpet, Luxury Vinyl, Tile
  • Basement YN: No
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Roof: Architectural Shingle
  • Acres: 0.04
  • Construction Type: Concrete, Glass, HardiPlank Type, Low VOC Paint/Sealant/Varnish
  • Foundation Details: Concrete, Slab
  • 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: Forced Air, Natural Gas
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: 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 #: 16

Tax Info

  • Tax Annual Amount: 1.09
  • Tax Year: 2024

MLS Schools

  • Elementary School: Wake - Stough

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2024
Closed on
Aug 30, 2024
Sold by
Tri Pointe Homes Inc and Tri Pointe Homes Holdings Inc
Bought by
Patel Akshay Anil
Seller's Agent
Alan Fluke
Tri Pointe Homes Inc
Buyer's Agent
Akshay Patel
Ram Realty LLC
List Price
$671,085
Sold Price
$641,085
Premium/Discount to List
-$30,000
-4.47%
Current Estimated Value
$644,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,915
Avg. Annual Appreciation
0.41%
Original Mortgage
$506,305
Outstanding Balance
$500,516
Interest Rate
6.38%
Mortgage Type
New Conventional
Estimated Equity
$143,484
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
Patel Akshay Anil $641,500 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patel Akshay Anil $506,305
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/28/2024 08/28/24 Price Changed $641,085 0.0% $279 / Sq Ft
08/27/2024 08/27/24 Sold $641,085 -4.5% $279 / Sq Ft
08/01/2024 08/01/24 Pending -- -- --
08/01/2024 08/01/24 For Sale $671,085 -- $292 / 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 $5,173 $590,902 $80,000 $510,902
2024 $625 $80,000 $80,000 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2024

    Alan Fluke

    Tri Pointe Homes Inc

    (919) 353-1296

    37 in this area

    65 Total Sales

    Alan Fluke
    Section Image
  • Nicki Cramer

    Seller Co-Listing Agent in 2024

    Nicki Cramer

    Ashton Woods Homes

    (919) 961-1582

    30 in this area

    40 Total Sales

    Nicki Cramer
    Section Image

  • A

    Buyer's Agent in 2024

    Akshay Patel

    Ram Realty LLC

See All Agents

Map

Source: Doorify MLS

MLS Number: 10044539

Doorify MLS

APN: 0786.19-51-4424-000

North Carolina Wake County Raleigh 27612 Crabtree

4740 Cypress Tree Ln, Raleigh, NC

This home is located at 4740 Cypress Tree Ln, Raleigh, NC 27612 since 01 August 2024 and is currently estimated at $644,000, approximately $280 per square foot. This property was built in 2024. 4740 Cypress Tree Ln is a home located in Wake County with nearby schools including Stough Elementary School, Oberlin Middle School, and Broughton Magnet High School.

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