NOT LISTED FOR SALE

Estimated Value: $845,000 - $1,077,000

3 Beds
3.5 Baths
2,282 Sq Ft
$438/Sq Ft Est. Value

Last Sold December 10, 2021

Last sale price $860,000 $377 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $5,919/month

Highlights

  • New Construction
  • Contemporary Architecture
  • 1 Fireplace
  • Lakewood Montessori Middle School Rated A-
  • Wood Flooring
  • 4-minute walk to Orchard Park

About This Home

As of December 2021

Completion 2021! Luxury Townhomes surrounded by green space! Walking distance to Downtown Durham and The American Tobacco Campus. Unparalleled views of the Durham Skyline each with a private rooftop terrace. Three open floor plans. 3 BR 3 1/2 bath, Chef's kitchen, Oversized Island, Custom Cabinetry, Hardwood and Tile floors, Modern Appliances. Oversized 2-car garage with future expansion opportunity. Prewired for sound system and security. Elevator ready! Private Front Porch with gated entry and garden!

Last Agent to Sell the Property

Justin Florian

The Florian Companies License #307223 Listed on: 09/01/2021

Co-Listed By

John Florian

The Florian Companies License #192984

Last Buyer's Agent

Rebecca Ives

Inhabit Real Estate License #252941

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 2021 | New Construction

Lot Details

  • 1,176 Sq Ft Lot
  • Lot Dimensions are 18' x 65.29'
  • End Unit

HOA Fees

  • $175 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Contemporary Architecture
  • Brick Veneer
  • Frame Construction

Interior Spaces

  • 2,282 Sq Ft Home
  • 3-Story Property
  • 1 Fireplace
  • Living Room
  • Dining Room
  • Basement

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Schools

  • Spaulding Elementary School
  • Githens Middle School
  • Jordan High School

Utilities

  • Zoned Cooling
  • Heat Pump System
  • Tankless Water Heater
  • Gas Water Heater

Community Details

  • Association fees include ground maintenance, storm water maintenance
  • The Terraces At Morehead Hill Subdivision

Townhouse Details

Home Type

Townhome

Year Built

Built in 2021 | New Construction

Lot Details

0

HOA Fees

$175 per month

Parking

2

Listing Details

  • Year Built: 2021
  • Prop. Type: Residential
  • Reso Association Fee Includes: Maintenance Grounds, Storm Water Maintenance
  • Co List Office Phone: 919-307-5910
  • Subdivision Name: The Terraces at Morehead Hill
  • Above Grade Finished Sq Ft: 2282.0
  • Architectural Style: Contemporary
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Three Or More
  • New Construction: Yes
  • Contract Information Ownership Type: Townhouse
  • General Property Information Above Grade Unfinished Area: 314.0
  • General Property Information Below Grade Unfinished Area: 776.0
  • General Property Information Total Unfinished Area2: 1090.0
  • General Property Information Lot Size Dimensions: 18' x 65.29'
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: Yes
  • General Property Information Fireplace YN: Yes
  • Flooring Tile: Yes
  • Structure Type Site Built: Yes
  • Contract Information Estimated Completion Date: 2021-10-01
  • Cooling Zoned: Yes
  • Flooring Carpet: Yes
  • Flooring Hardwood: 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
  • Room Types Living Room2: Yes
  • Flooring Wood: Yes
  • Common Walls End Unit: Yes
  • Levels Three Or More: Yes
  • Architectural Style Contemporary: Yes
  • General Property Information Above Grade Finished Area: 2282.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 1176.12
  • General Property Information Lot Size Acres: 0.027
  • General Property Information:Living Area3: 2282.0
  • Special Features: NewHome
  • Property Sub Type: Townhouses

Interior Features

  • Flooring: Carpet, Combination, Hardwood, Tile, Wood
  • Appliances: Gas Water Heater, Tankless Water Heater
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Appliances:Tankless Water Heater: Yes
  • Community Features:Street Lights: Yes
  • Appliances:Gas Water Heater: Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Acres: 0.03
  • Common Walls: End Unit
  • Construction Type: Brick Veneer, Fiber Cement
  • Construction Materials:Fiber Cement: Yes
  • Construction Materials:Brick Veneer: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Garage
  • Parking Features:Garage: Yes
  • General Property Information:Garage Spaces: 2.0

Utilities

  • Heating: Electric, Heat Pump
  • Cooling: Zoned
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Electric4: Yes
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Community Features: Street Lights
  • Association Fee: 175.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • Association Fee Includes:Maintenance Grounds2: Yes
  • General Property Information:Association Fee: 175.0
  • General Property Information:Association Fee Frequency: Monthly

Schools

  • Ninth Grade High School: Durham - Jordan
  • Middle Or Junior School: Durham - Githens

Lot Info

  • Lot Dimensions: 18' x 65.29'
  • Lot Size Sq Ft: 1176.12
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

MLS Schools

  • Elementary School: Durham - Spaulding

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 1, 2021
Closed on
Dec 9, 2021
Sold by
Terraces At Morehead Hills Llc
Bought by
Utermohlen Edwin and Spadaro Joan
Seller's Agent
Justin Florian
The Florian Companies
Buyer's Agent
Rebecca Ives
Inhabit Real Estate
List Price
$860,000
Sold Price
$860,000
Current Estimated Value
$998,635

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$138,635
Avg. Annual Appreciation
3.74%
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
Utermohlen Edwin $860,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/14/2023 12/14/23 Off Market $860,000 -- --
12/10/2021 12/10/21 Sold $860,000 0.0% $377 / Sq Ft
08/31/2021 08/31/21 Pending -- -- --
08/31/2021 08/31/21 For Sale $860,000 -- $377 / 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 $6,264 $1,053,158 $350,000 $703,158
2024 $7,552 $576,549 $160,000 $416,549
2023 $7,552 $576,549 $160,000 $416,549
2022 $7,379 $576,549 $160,000 $416,549
2021 $3,554 $279,015 $160,000 $119,015
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2404988

Doorify MLS

APN: 227552