NOT LISTED FOR SALE

612 Watermill Way Hillsborough, NC 27278

Estimated Value: $357,653 - $392,000

3 Beds
2.5 Baths
1,699 Sq Ft
$220/Sq Ft Est. Value

Last Sold February 16, 2022

Last sale price $334,945 $197 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $2,464/month

255 Days on Market

Highlights

  • New Construction
  • Traditional Architecture
  • High Ceiling
  • Cedar Ridge High Rated A-
  • Wood Flooring
  • Community Pool

About This Home

As of February 2022

Our Lansing floor plan has an open concept featuring 3 bedrooms and 2.5 baths. Perfect for entertaining, this home includes 3 spacious bedrooms upstairs with a large walk in shower in the master bathroom. Stylish gray 42 inch cabinets, RevWood flooring, and quartz counter tops come included!

Last Agent to Sell the Property

Demetria Batchelor

Demetria Batchelor, Broker License #296813 Listed on: 05/08/2021

Co-Listed By

Tyler Ball

Adams Homes Realty- NC Inc License #301310

Last Buyer's Agent

Daniel Ngandu

Fathom Realty NC, LLC License #256206

Fathom Realty NC, LLC

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,731

Year Built

  • Built in 2021 | New Construction

Lot Details

  • 2,178 Sq Ft Lot

HOA Fees

  • $185 Monthly HOA Fees

Parking

  • 1 Car Garage

Home Design

  • Traditional Architecture
  • Brick or Stone Mason
  • Frame Construction
  • Stone

Interior Spaces

  • 1,699 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Entrance Foyer
  • Family Room
  • Combination Kitchen and Dining Room
  • Laundry on upper level

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-in Shower

Schools

  • Grady Brown Elementary School
  • A L Stanback Middle School
  • Cedar Ridge High School

Utilities

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

Community Details

Overview

  • Association fees include maintenance structure
  • Collins Ridge Subdivision

Recreation

  • Tennis Courts
  • Community Pool

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,731

Year Built

Built in 2021 | New Construction

Lot Details

0

HOA Fees

$185 per month

Parking

1

Listing Details

  • Year Built: 2021
  • Prop. Type: Residential
  • Reso Association Fee Includes: Maintenance Structure
  • Co List Office Phone: 919-460-2999
  • Subdivision Name: Collins Ridge
  • Above Grade Finished Sq Ft: 1699.0
  • Architectural Style: Traditional
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: Yes
  • Contract Information Ownership Type: Townhouse
  • General Property Information Lot Size Dimensions: .05
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: No
  • Appliances Microwave: Yes
  • Flooring Tile: Yes
  • Interior Features KitchenDining Room Combination: Yes
  • Sewer:Public Sewer: Yes
  • Structure Type Site Built: Yes
  • Water Source Public: Yes
  • Contract Information Estimated Completion Date: 2021-08-01
  • Cooling Zoned: Yes
  • Levels Two: Yes
  • Property Condition Framed: Yes
  • Room Types Family Room2: Yes
  • Architectural Style Traditional: Yes
  • Laundry Features Upper Level: Yes
  • Flooring Wood: Yes
  • Flooring Laminate: Yes
  • General Property Information Above Grade Finished Area: 1699.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 2178.0
  • General Property Information Lot Size Acres: 0.05
  • Special Features: NewHome
  • Property Sub Type: Townhouses

Interior Features

  • Flooring: Laminate, Tile, Wood
  • Interior Amenities: Entrance Foyer, High Ceilings, Kitchen/Dining Room Combination, Walk-In Shower
  • Appliances: Dishwasher, Electric Water Heater, Gas Range, Microwave
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Appliances Dishwasher: Yes
  • Interior Features:Entrance Foyer: Yes
  • Interior Features:High Ceilings: Yes
  • Interior Features:Walk-In Shower: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Gas Range: Yes

Exterior Features

  • Acres: 0.05
  • Construction Type: Stone
  • Construction Materials:Stone: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Garage
  • Parking Features:Garage: Yes
  • General Property Information:Garage Spaces: 1.0

Utilities

  • Heating: Forced Air, Natural Gas, Zoned
  • Cooling: 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

  • Association Fee: 185.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • Association Amenities:Pool: Yes
  • Association Amenities:Tennis Courts: Yes
  • Association Fee Includes:Maintenance Structure2: Yes
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 185.0
  • General Property Information:Association Fee Frequency: Monthly

Schools

  • Ninth Grade High School: Orange - Cedar Ridge
  • Middle Or Junior School: Orange - A L Stanback

Lot Info

  • Lot Dimensions: .05
  • Lot Size Sq Ft: 2178.0
  • ResoLotSizeUnits: Acres

MLS Schools

  • Elementary School: Orange - Grady Brown

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2021
Closed on
Feb 16, 2022
Sold by
Dr Horton Inc
Bought by
Kafai Alice Weekie
Seller's Agent
Demetria Batchelor
Demetria Batchelor, Broker
Buyer's Agent
Daniel Ngandu
Fathom Realty NC, LLC
List Price
$330,945
Sold Price
$334,945
Premium/Discount to List
$4,000
1.21%
Current Estimated Value
$374,163

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,218
Avg. Annual Appreciation
3.04%
Original Mortgage
$318,198
Outstanding Balance
$295,471
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$78,692

Purchase Details

Listed on
May 8, 2021
Closed on
Feb 14, 2022
Sold by
Dr Horton Inc
Bought by
Maillie Alexander W and Maillie Roseann
Seller's Agent
Demetria Batchelor
Demetria Batchelor, Broker
Buyer's Agent
Daniel Ngandu
Fathom Realty NC, LLC
List Price
$330,945
Sold Price
$334,945
Premium/Discount to List
$4,000
1.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$318,198
Outstanding Balance
$295,471
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$78,692

Purchase Details

Closed on
Jun 9, 2021
Sold by
Sften Llc
Bought by
D R Horton Inc
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Kafai Alice Weekie $335,000 Rich Summer
Kafai Alice Weekie $335,000 Rich Summer
Maillie Alexander W $337,000 Bagwell Holt Smith Pa
D R Horton Inc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kafai Alice Weekie $318,198
Closed Kafai Alice Weekie $318,198
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/15/2023 12/15/23 Off Market $334,945 -- --
02/16/2022 02/16/22 Sold $334,945 +1.2% $197 / Sq Ft
01/17/2022 01/17/22 Pending -- -- --
01/05/2022 01/05/22 For Sale $330,945 0.0% $195 / Sq Ft
01/05/2022 01/05/22 Price Changed $330,945 +9.2% $195 / Sq Ft
05/08/2021 05/08/21 Pending -- -- --
05/07/2021 05/07/21 For Sale $302,945 -- $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
2025 $3,731 $303,000 $68,000 $235,000
2024 $3,669 $234,100 $45,000 $189,100
2023 $3,547 $234,100 $45,000 $189,100
2022 $3,395 $234,100 $45,000 $189,100
2021 $633 $45,000 $45,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2382430

Doorify MLS

APN: 9874206368