NOT LISTED FOR SALE

Estimated Value: $514,000 - $534,000

4 Beds
3 Baths
2,581 Sq Ft
$203/Sq Ft Est. Value

Sale Details

Date Sold: March 31, 2022

Last sale price $514,505 $199 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $3,325 / mo

Highlights

  • New Construction
  • Traditional Architecture
  • High Ceiling
  • Clubhouse
  • Loft
  • Quartz Countertops

About This Home

As of March 2022

Somerset III entered for comp purposes only. More opportunities coming for 2022 at 5401 North.

Last Agent to Sell the Property

Mark Freeman

Lennar Carolinas LLC License #218925 Listed on: 12/15/2021

Lennar Carolinas LLC

Co-Listed By

Catherine Cooper

Lennar Carolinas LLC License #296865

Last Buyer's Agent

Mathew Madappallil

Triangle Trinity Realty, Inc. License #260020

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2022 | New Construction

Lot Details

  • 6,098 Sq Ft Lot
  • Landscaped
  • Open Lot
  • Property is zoned PD

HOA Fees

  • $100 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Traditional Architecture
  • Brick or Stone Mason
  • Frame Construction
  • Shake Siding
  • Low Volatile Organic Compounds (VOC) Products or Finishes
  • Stone

Interior Spaces

  • 2,581 Sq Ft Home
  • 2-Story Property
  • Tray Ceiling
  • Smooth Ceilings
  • High Ceiling
  • Gas Log Fireplace
  • Sealed Combustion
  • Entrance Foyer
  • Family Room with Fireplace
  • Loft
  • Pull Down Stairs to Attic
  • Fire and Smoke Detector

Kitchen

  • Built-In Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Quartz Countertops

Flooring

  • Carpet
  • Ceramic Tile
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms
  • Separate Shower in Primary Bathroom
  • Separate Shower

Laundry

  • Laundry Room
  • Laundry on upper level

Eco-Friendly Details

  • Energy-Efficient Thermostat
  • No or Low VOC Paint or Finish

Outdoor Features

  • Covered Patio or Porch
  • Rain Gutters

Schools

  • River Bend Elementary And Middle School
  • Rolesville High School

Utilities

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

Listing and Financial Details

  • Home warranty included in the sale of the property

Community Details

Overview

  • Elite Management Association
  • Built by Lennar
  • 5401 North Subdivision, Somerset III Floorplan

Amenities

  • Clubhouse

Recreation

  • Community Playground
  • Community Pool

Home Details

Home Type

Single Family

Year Built

Built in 2022 | New Construction

Lot Details

6,098 Sq Ft Lot

HOA Fees

$100 per month

Parking

2

Listing Details

  • Builder Name: Lennar
  • Builder Model: Somerset III
  • Year Built: 2022
  • Prop. Type: Residential
  • Co List Office Phone: 919-337-9420
  • Subdivision Name: 5401 North
  • Above Grade Finished Sq Ft: 2581.0
  • Architectural Style: Traditional
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: Yes
  • Efficiency: Thermostat
  • Contract Information Ownership Type: Other
  • General Property Information Lot Size Dimensions: Survey available
  • 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
  • Attic Features Pull-Down Stairs: Yes
  • Cooling Central Air: Yes
  • Flooring Luxury Vinyl: Yes
  • Laundry Features Laundry Room: Yes
  • Security Features Smoke Detector(s): Yes
  • Sewer:Public Sewer: Yes
  • Structure Type Site Built: Yes
  • Water Source Public: Yes
  • Contract Information Estimated Completion Date: 2022-03-01
  • Flooring Carpet: Yes
  • Flooring Ceramic Tile: Yes
  • Interior Features Separate Shower: Yes
  • Interior Features Smooth Ceilings: Yes
  • Levels Two: Yes
  • Property Condition Framed: Yes
  • Room Types Family Room2: Yes
  • Architectural Style Traditional: Yes
  • Laundry Features Upper Level: Yes
  • Room Types Loft: Yes
  • Construction Materials Low VOC PaintSealantVarnish: Yes
  • General Property Information Above Grade Finished Area: 2581.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 6098.4
  • General Property Information Lot Size Acres: 0.14
  • General Property Information:Living Area3: 2581.0
  • General Property Information Builder Name: Lennar
  • General Property Information Builder Model: Somerset III
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Ceramic Tile, Luxury Vinyl
  • Interior Amenities: Entrance Foyer, High Ceilings, Pantry, Quartz Counters, Separate Shower, Smooth Ceilings, Tray Ceiling(s), Walk-In Closet(s)
  • Appliances: Dishwasher, Gas Cooktop, Gas Water Heater, Microwave, Tankless Water Heater, Wall Oven
  • Basement YN: No
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Family Room, Gas Log, Sealed Combustion
  • Fireplaces: 1
  • Appliances Dishwasher: Yes
  • Appliances:Gas Cooktop: Yes
  • Appliances:Tankless Water Heater: Yes
  • Community Features:Playground2: Yes
  • Community Features:Pool2: Yes
  • Interior Features:Entrance Foyer: Yes
  • Interior Features:High Ceilings: Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Community Features:Street Lights: Yes
  • Fireplace Features:Family Room: Yes
  • Fireplace Features:Sealed Combustion: Yes
  • Interior Features:Quartz Counters: Yes
  • Interior Features:Tray Ceiling(s): Yes
  • Fireplace Features:Gas Log: Yes
  • Appliances:Gas Water Heater: Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Exterior Features: Rain Gutters
  • Acres: 0.14
  • Home Warranty: Yes
  • Construction Type: Fiber Cement, Low VOC Paint/Sealant/Varnish, Shake Siding, Stone
  • Patio And Porch Features: Covered, Porch
  • Construction Materials:Fiber Cement: Yes
  • Exterior Features:Rain Gutters: Yes
  • Lot Features:Landscaped: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Covered2: Yes
  • Construction Materials:Stone: Yes
  • Lot Features:Open Lot: Yes
  • Construction Materials:Shake Siding: 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: Forced Air, Natural Gas
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Playground, Pool, Street Lights
  • Association Fee: 99.75
  • Association Fee Frequency: Monthly
  • Association Name: Elite Management
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: Elite Management
  • Association Amenities:Pool: Yes
  • Association Amenities:Clubhouse: Yes
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 99.75
  • General Property Information:Association Fee Frequency: Monthly

Schools

  • Ninth Grade High School: Wake - Rolesville
  • Middle Or Junior School: Wake - River Bend

Lot Info

  • Zoning: PD
  • Lot Dimensions: Survey available
  • Lot Size Sq Ft: 6098.4
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Green Features

  • Green Energy Efficient:Thermostat: Yes

MLS Schools

  • Elementary School: Wake - River Bend

Ownership 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 Name Owned For Owner Type

Purchase Details

Listed on
Dec 15, 2021
Closed on
Mar 31, 2022
Sold by
Bought by
Seller's Agent
Mark Freeman
Lennar Carolinas LLC
Buyer's Agent
Mathew Madappallil
Triangle Trinity Realty, Inc.
List Price
$514,505
Sold Price
$514,505
Current Estimated Value
$522,833

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,328
Avg. Annual Appreciation
0.37%
Original Mortgage
$488,000
Interest Rate
0.0392%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
$515,000 None Listed On Document
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
Open $488,000
Source: Public Records

Property 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 Event Price List to Sale Price per Sq Ft
12/15/2023 12/15/23 Off Market $514,505 -- --
03/31/2022 03/31/22 Sold $514,505 0.0% $199 / Sq Ft
12/15/2021 12/15/21 Pending -- -- --
12/15/2021 12/15/21 For Sale $514,505 -- $199 / Sq Ft
Source: Doorify MLS

Tax 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.

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 $4,515 $515,426 $110,000 $405,426
2024 $4,496 $515,426 $110,000 $405,426
2023 $4,699 $429,249 $80,000 $349,249
2022 $2,001 $197,600 $80,000 $117,600
2021 $0 $80,000 $80,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2423485

Doorify MLS

APN: 1736.02-67-1416-000

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