NOT LISTED FOR SALE

7 Twin Lakes Rd Pittsboro, NC 27312

Estimated Value: $475,000 - $568,000

3 Beds
2.5 Baths
1,615 Sq Ft
$322/Sq Ft Est. Value

Last Sold September 07, 2023

Last sale price $495,000 $307 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $3,076/month

Highlights

  • Barn
  • Deck
  • Separate Outdoor Workshop
  • Perry W. Harrison Elementary School Rated A
  • Vaulted Ceiling
  • Fireplace

About This Home

As of August 2024

Welcome to your private mini farm and one of a kind rental home. Over 5 acres of tranquil and peace, with beautiful views of woods and all the space for your tools, trucks and toys. Airconditioned shed for your dog or work shop, fenced in animal enclosures, chicken coop. Minutes from Jordan lake, Apex, Cary, Pittsboro and Chapel Hill. Easy access to Hwy 64 and 15-501. Relax on the front or the back porches with your morning coffee and enjoy the birds and Deers pass by. Recently renovated spacious 3 bedroom and 3 bathrooms, open living, dining and kitchen with a custom woodburning fireplace. Come make it yours today.

Renting brokers will paid a finder fee. MLS may not be pulling compensation information correctly. Please text LA @ 919-935-9292 for the quickest response. Thanks!

Last Agent to Rent the Property

Srik Durga

RTP FLAT FEE REALTY L.L.C. License #286916 Listed on: 06/25/2024

Last Renter's Agent

Srik Durga

TruBlu Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,949

Year Built

  • Built in 1984

Lot Details

  • 4.59

Interior Spaces

  • 1,615 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Crown Molding
  • Vaulted Ceiling
  • Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Vinyl Flooring
  • Laundry Room

Kitchen

  • Oven
  • Electric Range
  • Down Draft Cooktop
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Parking

  • Private Driveway
  • Guest Parking

Outdoor Features

  • Deck
  • Separate Outdoor Workshop

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan

Additional Features

  • 4.59 Acre Lot
  • Barn

Community Details

  • Property has a Home Owners Association

Listing and Financial Details

  • Security Deposit $2,449
  • Property Available on 8/1/24
  • Tenant pays for electricity
  • The owner pays for sewer, water
  • 12 Month Lease Term

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,949

Year Built

Built in 1984

Lot Details

0

Rental Info

  • Tenant Pays: Electricity
  • Lease Term: 12 Months
  • Owner Pays: Sewer, Water
  • Available Date: 2024-08-01

Listing Details

  • Year Built: 1984
  • Prop. Type: Residential Lease
  • Above Grade Finished Sq Ft: 1615.0
  • Unit Levels: Two
  • General Property Information Fireplace YN: Yes
  • Appliances Microwave: Yes
  • Cooling Central Air: Yes
  • Levels Two: Yes
  • Room Types Dining Room2: Yes
  • Room Types Family Room2: Yes
  • Flooring Vinyl: Yes
  • Appliances Refrigerators: Yes
  • Room Types Living Room2: Yes
  • Other Structures Workshop: Yes
  • Contract Information Lease Term: 12 Months
  • Contract Information Availability Date: 2024-08-01
  • Contract Information Security Deposit2: 2449.0
  • General Property Information Above Grade Finished Area: 1615.0
  • Pets Allowed Cats OK: Yes
  • Pets Allowed Dogs OK: Yes
  • Room Types Laundry2: Yes
  • Other Structures Barn(s): Yes
  • Owner Pays:Sewer2: Yes
  • General Property Information Lot Size Square Feet2: 200000.0
  • General Property Information Lot Size Acres: 4.5914
  • Pets Allowed Yes2: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Vinyl
  • Interior Amenities: Built-in Features, Crown Molding, Vaulted Ceiling(s), Walk-In Closet(s)
  • Appliances: Dishwasher, Down Draft, Electric Range, Microwave, Oven, Refrigerator, Vented Exhaust Fan
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Appliances Dishwasher: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Vaulted Ceiling(s): Yes
  • Appliances:Oven: Yes
  • Appliances:Vented Exhaust Fan: Yes
  • Interior Features:Crown Molding: Yes
  • Interior Features:Built-in Features: Yes
  • Laundry Features:In Unit: Yes
  • Appliances:Down Draft: Yes

Exterior Features

  • Acres: 4.59
  • Patio And Porch Features: Deck
  • Patio And Porch Features:Deck2: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Driveway, Guest, Other
  • Parking Features:Driveway: Yes
  • Parking Features:Guest: Yes

Utilities

  • Heating: Central
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Central: Yes

Condo/Co-op/Association

  • HOA Rent Includes: Sewer, Water
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes

Lot Info

  • Lot Size Sq Ft: 200000.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 29, 2023
Closed on
Aug 28, 2023
Sold by
Otos Paige and Otos Christopher Lee
Bought by
Packianathan Navin Smart Michae and Packianathan Maria Anand
Seller's Agent
Eric Andrews
Realty World Carolina Prop
Buyer's Agent
Srik Durga
RTP FLAT FEE REALTY L.L.C.
List Price
$550,000
Sold Price
$495,000
Premium/Discount to List
-$55,000
-10%
Views
42
Current Estimated Value
$519,335

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,335
Avg. Annual Appreciation
2.47%
Original Mortgage
$371,250
Outstanding Balance
$363,512
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$155,823

Purchase Details

Closed on
Apr 7, 2009
Sold by
Otos Paige and Cafarchia Christopher Lee
Bought by
Otos Paige and Cafarchia Christopher Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$254,000
Interest Rate
5.05%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 27, 2007
Sold by
Langley Martin and Langley Maggie
Bought by
Otos Paige

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,425
Interest Rate
6.65%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 15, 2005
Sold by
Moos Corydon Perry and Moos Julia Faye
Bought by
Langley Martin and Langley Maggie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,000
Interest Rate
4.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Packianathan Navin Smart Michae -- None Listed On Document
Otos Paige -- None Available
Otos Paige $250,000 None Available
Langley Martin $177,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Packianathan Navin Smart Michae $371,250
Previous Owner Otos Paige $31,826
Previous Owner Otos Paige $243,800
Previous Owner Otos Paige $254,000
Previous Owner Otos Paige $62,475
Previous Owner Otos Paige $187,425
Previous Owner Langley Martin $142,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/17/2024 08/17/24 Rented $2,449 0.0% --
07/29/2024 07/29/24 Price Changed $2,449 -5.8% $2 / Sq Ft
06/25/2024 06/25/24 For Rent $2,599 0.0% --
12/18/2023 12/18/23 Off Market $495,000 -- --
09/07/2023 09/07/23 Sold $495,000 -10.0% $307 / Sq Ft
07/17/2023 07/17/23 Pending -- -- --
06/28/2023 06/28/23 For Sale $550,000 -- $341 / 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 $2,949 $329,653 $115,420 $214,233
2023 $2,949 $283,572 $115,420 $168,152
2022 $2,345 $283,572 $115,420 $168,152
2021 $2,317 $283,572 $115,420 $168,152
2020 $2,058 $248,465 $111,671 $136,794
2019 $2,058 $248,465 $111,671 $136,794
2018 $1,942 $248,465 $111,671 $136,794
2017 $1,942 $248,465 $111,671 $136,794
2016 $2,010 $255,799 $105,350 $150,449
2015 $1,979 $255,799 $105,350 $150,449
2014 -- $255,799 $105,350 $150,449
2013 -- $255,799 $105,350 $150,449
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 10037737

Doorify MLS

APN: 17411