RENTED AUG 8, 2025

556 Writers Way Morrisville, NC 27560

Estimated Value: $352,000 - $364,000

3 Beds
2.5 Baths
1,488 Sq Ft
$240/Sq Ft Est. Value

Last Sold March 12, 2024

Last sale price $379,999 $255 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $2,142/month

Highlights

  • Wood Flooring
  • Community Pool
  • 1 Car Attached Garage
  • Cedar Fork Elementary Rated A
  • Stainless Steel Appliances
  • Double Vanity

About This Home

As of August 2025

Awesome three bedroom townhome in Downing Village available! Entry to open living room with gorgeous wood flooring. Kitchen with appliances, pantry, and great counter space. Access to half bath and garage on first floor. Upstairs main bedroom with walk in closet and large main bath suite. Two additional bedrooms and bathroom. Just in time to enjoy the community pool!
This town home will be available mid August!

Last Agent to Rent the Property

Helen Morrill

Wilson Property Management, In License #281633 Listed on: 06/03/2025

Co-Listed By

Amber Black

Wilson Property Management, In License #355868

Last Renter's Agent

Helen Morrill

Wilson Property Management, In License #281633 Listed on: 06/03/2025

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 2005

Lot Details

  • 1,742

Parking

  • 1 Car Attached Garage
  • Private Driveway

Home Design

  • Entry on the 1st floor

Interior Spaces

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

Kitchen

  • Electric Oven
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on second floor
  • Walk-In Closet
  • Double Vanity

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Schools

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

Additional Features

  • Patio
  • 1,742 Sq Ft Lot
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Security Deposit $1,995
  • Property Available on 8/15/25
  • Tenant pays for all utilities, electricity, gas, insurance, sewer, trash collection, water, air and water filters
  • The owner pays for association fees
  • 12 Month Lease Term
  • $120 Application Fee

Community Details

Overview

  • Property has a Home Owners Association
  • Professional Properties Management Association, Phone Number (919) 848-4911
  • Downing Village Subdivision

Recreation

  • Community Pool

Pet Policy

  • No Pets Allowed

Townhouse Details

Home Type

Townhome

Year Built

Built in 2005

Lot Details

1,742 Sq Ft Lot

Parking

1

Rental Info

  • Tenant Pays: All Utilities, Electricity, Gas, Insurance, Sewer, Trash Collection, Water, Air and Water Filters
  • Lease Term: 12 Months
  • Owner Pays: Association Fees, None
  • Available Date: 2025-08-15

Listing Details

  • Year Built: 2005
  • Prop. Type: Residential Lease
  • Reso Association Fee Includes: None
  • Co List Office Phone: 919-755-0864
  • Subdivision Name: Downing Village
  • Above Grade Finished Sq Ft: 1488.0
  • Entry Level: 1
  • Unit Levels: Two
  • General Property Information Basement YN: No
  • Appliances Microwave: Yes
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • Levels Two: Yes
  • Room Types Primary Bedroom Level: Second
  • Flooring Vinyl: Yes
  • Appliances Refrigerators: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Flooring Wood: Yes
  • General Property Information Association Phone: 919-848-4911
  • General Property Information Enhanced Accessible2: No
  • Contract Information Lease Term: 12 Months
  • Contract Information Availability Date: 2025-08-15
  • Contract Information Security Deposit2: 1995.0
  • General Property Information Above Grade Finished Area: 1488.0
  • General Property Information Lot Size Square Feet2: 1742.4
  • General Property Information Lot Size Acres: 0.04
  • Pets Allowed No2: Yes
  • General Property Information:Living Area3: 1488.0
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Flooring: Combination, Tile, Vinyl, Wood
  • Interior Amenities: Double Vanity, Pantry, Walk-In Closet(s)
  • Appliances: Dishwasher, Dryer, Electric Oven, Microwave, Refrigerator, Stainless Steel Appliance(s), Washer
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Appliances Dishwasher: Yes
  • Interior Features:Double Vanity: Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Appliances:Electric Oven: Yes
  • Appliances:Stainless Steel Appliance(s): Yes
  • Laundry Features:In Unit: Yes

Exterior Features

  • Fencing: None
  • Acres: 0.04
  • Patio And Porch Features: Patio
  • Patio And Porch Features:Patio: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Open Parking: No
  • Parking Features: Attached, Driveway, Garage
  • Total Parking Spaces: 2.0
  • Parking Features:Attached: Yes
  • Parking Features:Garage: Yes
  • Parking Features:Driveway: Yes
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 1.0
  • General Property Information:Attached Garage YN: Yes
  • General Property Information:Parking Total: 2.0
  • General Property Information:Open Parking YN2: No

Utilities

  • Heating: Forced Air
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • HOA Rent Includes: None
  • Association Fee Frequency: Monthly
  • Association Name: Professional Properties Management
  • Phone: 919-848-4911
  • Association: Yes
  • Fees Application Fee: 120.0

Association/Amenities

  • General Property Information:Association Name: Professional Properties Management
  • Association Amenities:Pool: Yes
  • Owner Pays:Association Fees: Yes
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee Frequency: Monthly

Schools

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

Lot Info

  • Lot Size Sq Ft: 1742.4
  • ResoLotSizeUnits: Acres

MLS Schools

  • Elementary School: Wake County Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 20, 2024
Closed on
Feb 27, 2024
Sold by
Servidio John S
Bought by
Suryadevara Phaneendra and Appasani Swathi
Seller's Agent
Joe Matthews
Real Triangle Properties LLC
Buyer's Agent
Jennifer Munoz
EXP Realty LLC
List Price
$389,900
Sold Price
$379,999
Premium/Discount to List
-$9,901
-2.54%
Views
150
Current Estimated Value
$358,216

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$21,783
Avg. Annual Appreciation
-2.95%
Original Mortgage
$266,000
Outstanding Balance
$261,551
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$95,966

Purchase Details

Closed on
Jun 3, 2008
Sold by
Amin Akshay and Amin Pinky
Bought by
Servidio John S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,983
Interest Rate
6%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 23, 2005
Sold by
D R Horton Inc
Bought by
Amin Akshay and Amin Pinky

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,017
Interest Rate
6.29%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Suryadevara Phaneendra $380,000 None Listed On Document
Servidio John S $164,000 None Available
Amin Akshay $156,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Suryadevara Phaneendra $266,000
Previous Owner Servidio John S $158,983
Previous Owner Amin Akshay $125,017
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/08/2025 08/08/25 Rented $1,895 0.0% --
07/21/2025 07/21/25 Price Changed $1,895 -5.0% $1 / Sq Ft
06/03/2025 06/03/25 For Rent $1,995 +5.3% --
07/18/2024 07/18/24 Rented $1,895 0.0% --
06/25/2024 06/25/24 Price Changed $1,895 -5.3% $1 / Sq Ft
06/05/2024 06/05/24 For Rent $2,000 0.0% --
03/12/2024 03/12/24 Sold $379,999 -2.5% $255 / Sq Ft View Prior Sale
01/20/2024 01/20/24 For Sale $389,900 -- $262 / Sq Ft
Source: Doorify MLS

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 -- $342,852 $95,000 $247,852
2024 $2,895 $342,852 $95,000 $247,852
2023 $2,212 $218,767 $56,000 $162,767
2022 $2,130 $218,767 $56,000 $162,767
2021 $2,087 $218,767 $56,000 $162,767
2020 $2,098 $218,767 $56,000 $162,767
2019 $1,860 $171,823 $46,000 $125,823
2018 $1,746 $171,823 $46,000 $125,823
2017 $1,678 $171,823 $46,000 $125,823
2016 $1,653 $171,823 $46,000 $125,823
2015 $1,705 $171,123 $33,000 $138,123
2014 $1,608 $171,123 $33,000 $138,123
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 10100463

Doorify MLS

APN: 0745.16-84-0687-000

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