NOT LISTED FOR SALE

505 Ramsours Mill Dr Holly Springs, NC 27540

Estimated Value: $807,000

6 Beds
5.5 Baths
4,787 Sq Ft
$169/Sq Ft Est. Value

Last Sold May 24, 2023

Last sale price $878,000 $183 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $5,105/month

173 Days on Market

Highlights

  • New Construction
  • Deck
  • Wood Flooring
  • Holly Grove Elementary School Rated A
  • Traditional Architecture
  • Main Floor Bedroom

About This Home

As of May 2023

Escher III with a finished basement!!! Estimated completion April 2023. Expansive living at its best. 4,787 sq feet with 6 bedrooms and 5.5 baths. Hallway foyer is flanked by study, separate dining room with butler's pantry that leads to over kitchen , great room , breakfast are with multiple windows and leading to a screen porch and deck. Upstairs there's a large loft, four bedrooms and 3 full baths. In basement you will find bedroom, full bath and recreation room with some unfinished space that can be finished in the future. Tons of storage!

Last Agent to Sell the Property

Marcela Brittl

Lennar Carolinas LLC License #253214 Listed on: 10/04/2022

Lennar Carolinas LLC

Co-Listed By

Tommy Pearce

Lennar Carolinas LLC License #269848

Last Buyer's Agent

Harish Chennaihgari

Evershine Properties, Inc. License #288414

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,840

Year Built

  • Built in 2023 | New Construction

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Dimensions are 96x83.7x94.5x141.3
  • Landscaped
  • Corner Lot

HOA Fees

  • $72 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Front Facing Garage
  • Garage Door Opener

Home Design

  • Traditional Architecture
  • Brick or Stone Mason
  • Concrete Foundation
  • Board and Batten Siding
  • Stone

Interior Spaces

  • 2-Story Property
  • Tray Ceiling
  • Smooth Ceilings
  • High Ceiling
  • Gas Log Fireplace
  • Entrance Foyer
  • Great Room with Fireplace
  • Family Room
  • Breakfast Room
  • Dining Room
  • Home Office
  • Loft
  • Screened Porch
  • Storage
  • Utility Room
  • Pull Down Stairs to Attic

Kitchen

  • Eat-In Kitchen
  • Butlers Pantry
  • Built-In Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Plumbed For Ice Maker
  • Quartz Countertops

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • In-Law or Guest Suite
  • Private Water Closet
  • Separate Shower in Primary Bathroom
  • Soaking Tub
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on upper level
  • Electric Dryer Hookup

Finished Basement

  • Heated Basement
  • Interior and Exterior Basement Entry
  • Block Basement Construction

Home Security

  • Home Security System
  • Fire and Smoke Detector

Eco-Friendly Details

  • Energy-Efficient Lighting
  • Energy-Efficient Thermostat

Outdoor Features

  • Deck
  • Rain Gutters

Schools

  • Wake County Schools Elementary And Middle School
  • Wake County Schools High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Tankless Water Heater
  • Cable TV Available

Listing and Financial Details

  • Home warranty included in the sale of the property

Community Details

Overview

  • Association fees include storm water maintenance
  • Built by Lennar
  • Mills At Avent Ferry Subdivision

Recreation

  • Community Playground
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,840

Year Built

Built in 2023 | New Construction

Lot Details

0

HOA Fees

$72 per month

Parking

3

Listing Details

  • Builder Name: Lennar
  • Year Built: 2023
  • Prop. Type: Residential
  • Reso Association Fee Includes: Storm Water Maintenance
  • Co List Office Mls Id: 3192
  • Co List Office Phone: 919-337-9420
  • Subdivision Name: Mills at Avent Ferry
  • Above Grade Finished Sq Ft: 3857.0
  • Architectural Style: Traditional
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: Yes
  • Efficiency: Lighting, Thermostat
  • Contract Information Ownership Type: Other
  • General Property Information Lot Size Dimensions: 96x83.7x94.5x141.3
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: Yes
  • General Property Information Fireplace YN: Yes
  • Appliances Microwave: Yes
  • Wall Oven: Yes
  • Attic Features Pull-Down Stairs: Yes
  • Cooling Central Air: Yes
  • Interior Features BathtubShower Combination: Yes
  • Interior Features Water Closet: 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: 2023-04-01
  • Cooling:Electric: Yes
  • Cooling Zoned: Yes
  • Flooring Carpet: Yes
  • Flooring Ceramic Tile: Yes
  • Flooring Hardwood: Yes
  • Interior Features Separate Shower: Yes
  • Interior Features Smooth Ceilings: Yes
  • Levels Two: Yes
  • Property Condition Framed: No
  • Room Types Bedroom 2 Level: M
  • Room Types Bedroom 3 Level: 2
  • Room Types Bedroom 4 Level: 2
  • Room Types Dining Room2: Yes
  • Room Types Family Room2: Yes
  • Architectural Style Traditional: Yes
  • Room Types Office: Yes
  • Room Types Primary Bedroom Level: 2
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Upper Level: Yes
  • Room Types Bedroom 5 Level: 2
  • Room Types Great Room2: Yes
  • Room Types Loft: Yes
  • Room Types Utility Room: Yes
  • Room Types Breakfast Room: Yes
  • Interior Features Bathtub Only: Yes
  • Utilities Cable Available: Yes
  • Pool Features Swimming Pool ComFee: Yes
  • Security Features Security System: Yes
  • Basement Heated3: Yes
  • General Property Information Above Grade Finished Area: 3857.0
  • General Property Information Below Grade Finished Area: 930.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 10454.4
  • General Property Information Lot Size Acres: 0.24
  • General Property Information Builder Name: Lennar
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Interior Amenities: Bathtub Only, Bathtub/Shower Combination, Butler's Pantry, Eat-in Kitchen, Entrance Foyer, High Ceilings, In-Law Floorplan, Pantry, Quartz Counters, Separate Shower, Smooth Ceilings, Soaking Tub, Storage, Tray Ceiling(s), Walk-In Closet(s), Walk-In Shower, Water Closet
  • Basement: Block, Concrete, Exterior Entry, Finished, Heated, Interior Entry
  • Appliances: Cooktop, Gas Cooktop, Microwave, Plumbed For Ice Maker, Range Hood, Tankless Water Heater, Wall Oven
  • Basement YN: Yes
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Below Grade Sq Ft: 930.0
  • Fireplace Features: Gas, Gas Log, Great Room, Sealed Combustion
  • Fireplaces: 1
  • Total Bedrooms: 12
  • Appliances:Gas Cooktop: Yes
  • Appliances:Plumbed For Ice Maker: Yes
  • Appliances:Range Hood: Yes
  • Appliances:Tankless Water Heater: Yes
  • Community Features:Playground2: Yes
  • Interior Features:Entrance Foyer: Yes
  • Interior Features:High Ceilings: Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Walk-In Shower: Yes
  • Appliances:Cooktop: Yes
  • Community Features:Street Lights: Yes
  • Fireplace Features:Sealed Combustion: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Interior Features:Quartz Counters: Yes
  • Interior Features:Storage3: Yes
  • Interior Features:Tray Ceiling(s): Yes
  • Fireplace Features:Gas Log: Yes
  • Interior Features:Soaking Tub: Yes
  • Basement:Exterior Entry: Yes
  • Basement:Interior Entry: Yes
  • Fireplace Features:Gas4: Yes
  • Basement Finished: Yes
  • Interior Features:In-Law Floorplan: Yes
  • Fireplace Features:Great Room: Yes
  • Interior Features:Butler_squote_s Pantry: Yes
  • Basement:Block: Yes
  • Basement:Concrete: Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Exterior Features: Rain Gutters
  • Acres: 0.24
  • Home Warranty: Yes
  • Construction Type: Board & Batten Siding, Fiber Cement, Stone
  • Patio And Porch Features: Deck, Porch, Screened
  • Construction Materials:Fiber Cement: Yes
  • Exterior Features:Rain Gutters: Yes
  • Lot Features:Landscaped: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Screened: Yes
  • Construction Materials:Board Batten Siding: Yes
  • Construction Materials:Stone: Yes
  • Patio And Porch Features:Deck2: Yes
  • Lot Features:Corner Lot: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Parking Features: Attached, Garage, Garage Door Opener, Garage Faces Front
  • Parking Features:Attached: Yes
  • Parking Features:Garage: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Garage Faces Front: Yes
  • General Property Information:Garage Spaces: 3.0

Utilities

  • Utilities: Cable Available
  • Heating: Forced Air, Natural Gas, Zoned
  • Cooling: Central Air, Electric, Zoned
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes
  • Heating:Zoned2: Yes

Condo/Co-op/Association

  • Community Features: Playground, Street Lights
  • Association Fee: 72.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • Association Amenities:Pool: Yes
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 72.0
  • General Property Information:Association Fee Frequency: Monthly

Schools

  • Ninth Grade High School: Wake County Schools
  • Middle Or Junior School: Wake County Schools

Lot Info

  • Zoning: RES
  • Lot Dimensions: 96x83.7x94.5x141.3
  • Lot Size Sq Ft: 10454.4
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Green Features

  • Green Energy Efficient:Lighting2: Yes
  • Green Energy Efficient:Thermostat: Yes

Tax Info

  • Tax Annual Amount: 8840.0

MLS Schools

  • Elementary School: Wake County Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2022
Closed on
May 23, 2023
Sold by
Lennar Carolinas Llc
Bought by
Kumar Ganga Rakesh and Kumar Vijayalakshmi Bathula
Seller's Agent
Marcela Brittl
Lennar Carolinas LLC
Buyer's Agent
Harish Chennaihgari
Evershine Properties, Inc.
List Price
$874,990
Sold Price
$878,000
Premium/Discount to List
$3,010
0.34%
Views
73
Current Estimated Value
$807,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$71,000
Avg. Annual Appreciation
-4.14%
Original Mortgage
$702,400
Outstanding Balance
$641,986
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$158,014
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
Kumar Ganga Rakesh $878,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kumar Ganga Rakesh $702,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2023 12/15/23 Off Market $878,000 -- --
05/24/2023 05/24/23 Sold $878,000 +0.3% $183 / Sq Ft
03/26/2023 03/26/23 Pending -- -- --
03/24/2023 03/24/23 For Sale $874,990 0.0% $183 / Sq Ft
03/24/2023 03/24/23 Price Changed $874,990 +1.2% $183 / Sq Ft
01/18/2023 01/18/23 Pending -- -- --
01/04/2023 01/04/23 Price Changed $865,040 +1.8% $181 / Sq Ft
10/04/2022 10/04/22 For Sale $849,900 -- $178 / 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
2024 $6,927 $805,900 $145,000 $660,900
2023 $2,865 $265,600 $90,000 $175,600
2022 $0 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2477356

Doorify MLS

APN: 0638.04-60-9387-000