NOT LISTED FOR SALE

531 Writers Way Morrisville, NC 27560

Estimated Value: $355,000 - $368,234

3 Beds
2.5 Baths
1,488 Sq Ft
$244/Sq Ft Est. Value

Last Sold January 18, 2022

Last sale price $362,000 $243 Per Sq Ft

Current estimated payment $2,345/month

10 Days on Market

Highlights

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

About This Home

As of January 2022

Welcome home to this beautiful 3 bedroom townhome with a garage!! Conveniently located is desirable Morrisville location close to shopping and all major highways. The kitchen has quartz countertops, Luxury Vinyl Flooring and carpet in bedrooms -all with a lovely open floor plan. All your bedrooms are located in the second floor, giving you maximum living space downstairs. You don’t want to miss this gem, schedule your showing today!!

Last Agent to Sell the Property

Derek Dickson

Offerpad Brokerage LLC License #308020 Listed on: 12/07/2021

Last Buyer's Agent

Thomas John

Greater Triangle Realty License #241863

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,104

Year Built

  • Built in 2006

Lot Details

  • 1,742 Sq Ft Lot
  • Lot Dimensions are 20x84

HOA Fees

  • $195 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Private Driveway

Home Design

  • Traditional Architecture
  • Vinyl Siding

Interior Spaces

  • 1,488 Sq Ft Home
  • 2-Story Property
  • Wood Flooring

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
  • Electric Water Heater

Community Details

  • Association fees include unknown
  • Downing Village Subdivision

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,104

Year Built

Built in 2006

Lot Details

0

HOA Fees

$195 per month

Parking

1

Listing Details

  • Year Built: 2006
  • Prop. Type: Residential
  • Reso Association Fee Includes: Unknown
  • Subdivision Name: Downing Village
  • Above Grade Finished Sq Ft: 1488.0
  • 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: 20x84
  • 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
  • Levels Two: Yes
  • Architectural Style Traditional: Yes
  • Flooring Wood: Yes
  • General Property Information Above Grade Finished Area: 1488.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 1742.4
  • General Property Information Lot Size Acres: 0.04
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Flooring: Wood
  • Appliances: Electric Water Heater
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Total Bedrooms: 6
  • Appliances:Electric Water Heater: Yes

Exterior Features

  • Acres: 0.04
  • Construction Type: Vinyl Siding
  • Construction Materials:Vinyl Siding: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Concrete, Driveway, Garage
  • Parking Features:Garage: Yes
  • Parking Features:Concrete4: Yes
  • Parking Features:Driveway: Yes
  • General Property Information:Garage Spaces: 1.0

Utilities

  • Heating: Electric, Forced Air
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Electric4: Yes
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association Fee: 195.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 195.0
  • General Property Information:Association Fee Frequency: Monthly

Schools

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

Lot Info

  • Lot Dimensions: 20x84
  • Lot Size Sq Ft: 1742.4
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2104.0
  • Tax Year: 2021

MLS Schools

  • Elementary School: Wake - Cedar Fork

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 7, 2021
Closed on
Jan 13, 2022
Sold by
Op Spe Tpa1 Llc
Bought by
Johnkutty Vallabhathinal Koshy
Seller's Agent
Derek Dickson
Offerpad Brokerage LLC
Buyer's Agent
Thomas John
Greater Triangle Realty
List Price
$364,900
Sold Price
$362,000
Premium/Discount to List
-$2,900
-0.79%
Current Estimated Value
$363,309

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,309
Avg. Annual Appreciation
0.10%
Original Mortgage
$250,000
Interest Rate
3.22%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 16, 2021
Sold by
Tanwar Chandralekha and Tanwar Mayank Apruva
Bought by
Op Spe Tpa1 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
3.22%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 20, 2021
Sold by
Johnkutty Vallabhathinal Koshy
Bought by
Johnkutty Suja and Johnkutty Samuel Zachariah

Purchase Details

Closed on
Mar 20, 2020
Sold by
Tanwar Chandralekha and Tanwar Mayank Apurva
Bought by
Tanwar Chandralekha and Tanwar Mayank Apurva

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 18, 2018
Sold by
Cardinal I Llc
Bought by
Tanway Chandralekha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$197,802
Interest Rate
4.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 24, 2016
Sold by
Wang Xiaodong and Wen Zhenrong
Bought by
Cardinal I Llc

Purchase Details

Closed on
Jul 27, 2016
Sold by
Woods Gregory and Woods Jennifer
Bought by
Wang Xiaodong

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,000
Interest Rate
3.41%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 28, 2006
Sold by
D R Horton Inc
Bought by
Woods Gregory

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,000
Interest Rate
6.04%
Mortgage Type
Fannie Mae Freddie Mac
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
Johnkutty Vallabhathinal Koshy $362,000 Hankin & Pack Pllc
Koshy Johnkutty Vallabhathinal $362,000 None Listed On Document
Op Spe Tpa1 Llc $350,000 First American Title Ins Co
Johnkutty Suja -- --
Johnkutty Suja -- None Listed On Document
Tanwar Chandralekha -- Vantage Point Title Inc
Tanwar Chandralekha -- Vantage Point Title
Tanway Chandralekha $220,000 None Available
Cardinal I Llc -- None Available
Wang Xiaodong $186,000 None Available
Woods Gregory $147,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Koshy Johnkutty Vallabhathinal $250,000
Previous Owner Tanwar Chandralekha $180,000
Previous Owner Tanway Chandralekha $197,802
Previous Owner Wang Xiaodong $111,000
Previous Owner Woods Gregory $107,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/15/2023 12/15/23 Off Market $362,000 -- --
01/18/2022 01/18/22 Sold $362,000 -0.8% $243 / Sq Ft
12/16/2021 12/16/21 Pending -- -- --
12/06/2021 12/06/21 For Sale $364,900 -- $245 / 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 $2,985 $345,912 $95,000 $250,912
2024 $2,920 $345,912 $95,000 $250,912
2023 $2,231 $220,638 $56,000 $164,638
2022 $2,148 $220,638 $56,000 $164,638
2021 $2,105 $220,638 $56,000 $164,638
2020 $2,116 $220,638 $56,000 $164,638
2019 $1,875 $173,221 $46,000 $127,221
2018 $1,760 $173,221 $46,000 $127,221
2017 $1,692 $173,221 $46,000 $127,221
2016 $1,666 $173,221 $46,000 $127,221
2015 $1,705 $171,123 $33,000 $138,123
2014 -- $171,123 $33,000 $138,123
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2422120

Doorify MLS

APN: 0745.16-74-7789-000