NOT LISTED FOR SALE

Estimated Value: $512,000

3 Beds
3.5 Baths
1,819 Sq Ft
$281/Sq Ft Est. Value

Last Sold March 03, 2023

Last sale price $467,000 $257 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $3,217/month

305 Days on Market

Highlights

  • New Construction
  • Attic
  • Quartz Countertops
  • Contemporary Architecture
  • High Ceiling
  • Covered Patio or Porch

About This Home

As of March 2023

Midway between home & your next adventure - it’s Midtown Meadows. This hilltop hideaway in North East Raleigh hosts 20 turnkey townhomes, each the epitome of effortless urban-dwelling. Two floor plan selections double-down on functional SQ FT, ensuring easy adaptability of any space. Hybrid-office? Home gym? These holistic homes can make it happen. Here, commuter-friendly meets influencer accessibility thanks to North Hills & Midtown East only minutes away. Live, work and play - then? #ComeHoMMe soon.

Last Agent to Sell the Property

Johnny Chappell

Compass -- Raleigh License #267248 Listed on: 03/29/2022

Compass -- Raleigh

Co-Listed By

Heather Mansfield

New Construction Realty, LLC

Last Buyer's Agent

Sudie Wagner

Daughtry Realty License #170647

Daughtry Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,126

Year Built

  • Built in 2022 | New Construction

Lot Details

  • 1,437 Sq Ft Lot
  • Lot Dimensions are 18x80x18x80
  • Property fronts a private road
  • Landscaped

HOA Fees

  • $188 Monthly HOA Fees

Parking

  • Assigned Parking

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Frame Construction
  • Board and Batten Siding
  • Low Volatile Organic Compounds (VOC) Products or Finishes

Interior Spaces

  • 1,819 Sq Ft Home
  • 3-Story Property
  • Smooth Ceilings
  • High Ceiling
  • Ceiling Fan
  • Entrance Foyer
  • Living Room
  • Combination Kitchen and Dining Room

Kitchen

  • Self-Cleaning Oven
  • Electric Range
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • ENERGY STAR Qualified Appliances
  • Quartz Countertops

Flooring

  • Tile
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Bathtub with Shower
  • Shower Only
  • Walk-in Shower

Laundry

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

Attic

  • Attic Floors
  • Unfinished Attic

Home Security

Eco-Friendly Details

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

Outdoor Features

  • Covered Patio or Porch
  • Rain Gutters

Schools

  • Lynn Road Elementary School
  • Carroll Middle School
  • Sanderson High School

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Community Details

Overview

  • Association fees include ground maintenance, maintenance structure, road maintenance, trash
  • 5 Units
  • Towne Properties Raleigh Association
  • Built by Concept 8, LLC

Security

  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,126

Year Built

Built in 2022 | New Construction

Lot Details

0

HOA Fees

$188 per month

Listing Details

  • Builder Name: Concept 8, LLC
  • Builder Model: B
  • Year Built: 2022
  • Prop. Type: Residential
  • Road Frontage Type: Private Road
  • Reso Association Fee Includes: Maintenance Grounds, Maintenance Structure, Road Maintenance, Trash
  • Co List Office Mls Id: 75688
  • Co List Office Phone: 919-726-6548
  • Subdivision Name: Not in a Subdivision
  • Above Grade Finished Sq Ft: 1819.0
  • Architectural Style: Contemporary
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Three Or More
  • New Construction: Yes
  • Efficiency: Lighting, Thermostat
  • Contract Information Ownership Type: Townhouse
  • General Property Information Lot Size Dimensions: 18x80x18x80
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: No
  • Appliances Microwave: Yes
  • Cooling Central Air: Yes
  • Flooring Luxury Vinyl: Yes
  • Flooring Tile: Yes
  • Foundation Details Slab: Yes
  • Interior Features BathtubShower Combination: Yes
  • Interior Features KitchenDining Room Combination: 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: 2022-11-01
  • Interior Features Smooth Ceilings: Yes
  • Property Condition Framed: Yes
  • Room Types Bedroom 2 Level: 2
  • Room Types Bedroom 3 Level: 3
  • Room Types Dining Room2: Yes
  • Room Types Primary Bedroom Level: 2
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Upper Level: Yes
  • Appliances Refrigerators: Yes
  • Room Types Living Room2: Yes
  • Interior Features Shower Only: Yes
  • Construction Materials Low VOC PaintSealantVarnish: Yes
  • Levels Three Or More: Yes
  • Architectural Style Contemporary: Yes
  • Attic Features Unfinished2: Yes
  • General Property Information Above Grade Finished Area: 1819.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 1437.48
  • General Property Information Lot Size Acres: 0.033
  • General Property Information Builder Name: Concept 8, LLC
  • General Property Information Builder Model: B
  • Special Features: NewHome
  • Property Sub Type: Townhouses

Interior Features

  • Flooring: Luxury Vinyl, Tile
  • Interior Amenities: Bathtub/Shower Combination, Ceiling Fan(s), Entrance Foyer, High Ceilings, Kitchen/Dining Room Combination, Pantry, Quartz Counters, Shower Only, Smooth Ceilings, Walk-In Closet(s), Walk-In Shower
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, ENERGY STAR Qualified Appliances, Microwave, Plumbed For Ice Maker, Refrigerator, Self Cleaning Oven
  • Basement YN: No
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Total Bedrooms: 8
  • Appliances Dishwasher: Yes
  • Appliances:Plumbed For Ice Maker: Yes
  • Interior Features:Ceiling Fan(s)2: 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
  • Community Features:Street Lights: Yes
  • Interior Features:Quartz Counters: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Range: Yes
  • Appliances:ENERGY STAR Qualified Appliances: Yes
  • Appliances:Self Cleaning Oven: Yes
  • Attic Features:Floored: Yes
  • Attic Features:Walk-In Attic: Yes

Exterior Features

  • Exterior Features: Rain Gutters
  • Acres: 0.03
  • Construction Type: Board & Batten Siding, Fiber Cement, Low VOC Paint/Sealant/Varnish
  • Foundation Details: Slab
  • Patio And Porch Features: Covered, Patio, Porch
  • Construction Materials:Fiber Cement: Yes
  • Exterior Features:Rain Gutters: Yes
  • Lot Features:Landscaped: Yes
  • Patio and Porch Features:Porch: Yes
  • Construction Materials:Board Batten Siding: Yes
  • Patio And Porch Features:Covered2: Yes
  • Patio And Porch Features:Patio: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Assigned
  • Parking Features:Assigned: Yes

Utilities

  • Heating: Electric, Heat Pump
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Electric4: Yes
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Community Features: Street Lights
  • Association Fee: 188.0
  • Association Fee Frequency: Monthly
  • Association Name: Towne Properties Raleigh
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: Towne Properties Raleigh
  • Association Fee Includes:Maintenance Grounds2: Yes
  • Association Fee Includes:Maintenance Structure2: Yes
  • Association Fee Includes:Trash2: Yes
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 188.0
  • General Property Information:Association Fee Frequency: Monthly

Schools

  • Ninth Grade High School: Wake - Sanderson
  • Middle Or Junior School: Wake - Carroll

Lot Info

  • Lot Dimensions: 18x80x18x80
  • Lot Size Sq Ft: 1437.48
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Green Features

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

Multi Family

  • Number Of Units Total: 5

MLS Schools

  • Elementary School: Wake - Lynn Road

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 29, 2022
Closed on
Feb 15, 2023
Sold by
Concept 8 Holdings Llc
Bought by
Odusanwo Olanrewaju
Seller's Agent
Johnny Chappell
Compass -- Raleigh
Buyer's Agent
Sudie Wagner
Daughtry Realty
List Price
$469,000
Sold Price
$467,000
Premium/Discount to List
-$2,000
-0.43%
Views
3
Current Estimated Value
$512,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,000
Avg. Annual Appreciation
3.60%
Original Mortgage
$403,896
Outstanding Balance
$390,806
Interest Rate
6.15%
Mortgage Type
FHA
Estimated Equity
$121,194
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
Odusanwo Olanrewaju $467,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Odusanwo Olanrewaju $403,896
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/15/2023 12/15/23 Off Market $467,000 -- --
03/03/2023 03/03/23 Sold $467,000 -0.4% $257 / Sq Ft
01/28/2023 01/28/23 Pending -- -- --
01/25/2023 01/25/23 For Sale $469,000 0.0% $258 / Sq Ft
01/25/2023 01/25/23 Price Changed $469,000 +0.9% $258 / Sq Ft
04/06/2022 04/06/22 Pending -- -- --
03/29/2022 03/29/22 For Sale $465,000 -- $256 / 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 $4,126 $470,848 $100,000 $370,848
2024 $4,109 $470,848 $100,000 $370,848
2023 $2,983 $271,878 $50,000 $221,878
2022 $506 $50,000 $50,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2439173

Doorify MLS

APN: 1706.06-37-8689-000