NOT LISTED FOR SALE

737 Summer Music Ln Unit 5051 Raleigh, NC 27603

Renaissance Park Neighborhood

Estimated Value: $541,000 - $607,000

3 Beds
2.5 Baths
2,475 Sq Ft
$230/Sq Ft Est. Value

Last Sold October 25, 2021

Last sale price $454,965 $184 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $3,680/month

Highlights

  • Tennis Courts
  • Eco Select Program
  • Charleston Architecture
  • New Construction
  • Clubhouse
  • Loft

About This Home

As of October 2021

Spruce design under construction in highly popular Renaissance Park, just moments to downtown Raleigh, quick access to Cary, Garner and major roads. Design reminiscent of Savannah/Charleston style, narrow, deep, with alley entry 2 car garage. 1st floor Study, Family/Dining/Kitchen open plan. Versatile 2nd flr Loft. Enjoy outdoors on front porch or side covered porch ! Nice upgrades added to this home. Abundant neighborhood amenities-pool, clubhouse, gym, tennis, volleyball. Walk over to golf @ RGA.

Last Agent to Sell the Property

Donna Lane

Today Homes Realty NC, LLC License #205930 Listed on: 07/01/2021

Last Buyer's Agent

Babu Thomas

Evershine Properties, Inc. License #243809

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,850

Year Built

  • Built in 2021 | New Construction

Lot Details

  • 5,706 Sq Ft Lot
  • Landscaped
  • Corner Lot

HOA Fees

  • $81 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Rear-Facing Garage
  • Garage Door Opener

Home Design

  • Charleston Architecture
  • Slab Foundation
  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 2,475 Sq Ft Home
  • 2-Story Property
  • Tray Ceiling
  • Smooth Ceilings
  • High Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Entrance Foyer
  • Family Room
  • Combination Dining and Living Room
  • Home Office
  • Loft
  • Utility Room
  • Fire and Smoke Detector

Kitchen

  • Gas Cooktop
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • ENERGY STAR Qualified Appliances
  • Granite Countertops

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Low Flow Plumbing Fixtures
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Laundry on upper level

Eco-Friendly Details

  • Eco Select Program
  • Energy-Efficient Thermostat
  • Ventilation

Outdoor Features

  • Tennis Courts
  • Covered patio or porch
  • Rain Gutters

Schools

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

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Home warranty included in the sale of the property

Community Details

Overview

  • Ppm Association
  • Built by Chesapeake Homes
  • Renaissance Park Subdivision, Spruce Floorplan

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,850

Year Built

Built in 2021 | New Construction

Lot Details

0

HOA Fees

$81 per month

Parking

2

Listing Details

  • Builder Name: Chesapeake Homes
  • Builder Model: Spruce
  • Year Built: 2021
  • Prop. Type: Residential
  • Subdivision Name: Renaissance Park
  • Above Grade Finished Sq Ft: 2475.0
  • Architectural Style: Charleston
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: Yes
  • Efficiency: Thermostat
  • Contract Information Ownership Type: Other
  • General Property Information Lot Size Dimensions: see plat
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: Yes
  • Appliances Microwave: Yes
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Foundation Details Slab: 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: 2021-10-01
  • Cooling Zoned: Yes
  • Flooring Carpet: Yes
  • Interior Features Separate Shower: Yes
  • Interior Features Smooth Ceilings: Yes
  • Levels Two: Yes
  • Property Condition Framed: Yes
  • Room Types Bedroom 2 Level: 2
  • Room Types Bedroom 3 Level: 2
  • Room Types Den2: Yes
  • Room Types Dining Room2: Yes
  • Room Types Family Room2: Yes
  • Room Types Office: Yes
  • Room Types Primary Bedroom Level: 2
  • Interior Features LivingDining Room Combination: Yes
  • Laundry Features Upper Level: Yes
  • Room Types Loft: Yes
  • Room Types Utility Room: Yes
  • Utilities Cable Available: Yes
  • Flooring Laminate: Yes
  • Green Indoor Air Quality Ventilation: Yes
  • Green Water Conservation Low-Flow Fixtures: Yes
  • Architectural Style Charleston: Yes
  • General Property Information Above Grade Finished Area: 2475.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 5706.36
  • General Property Information Lot Size Acres: 0.131
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Laminate, Tile
  • Interior Amenities: Ceiling Fan(s), Entrance Foyer, Granite Counters, High Ceilings, Living/Dining Room Combination, Pantry, Separate Shower, Smooth Ceilings, Tray Ceiling(s), Walk-In Closet(s)
  • Appliances: Dishwasher, ENERGY STAR Qualified Appliances, Gas Cooktop, Gas Water Heater, Microwave, Plumbed For Ice Maker
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Gas, Gas Log, Sealed Combustion
  • Fireplaces: 1
  • Total Bedrooms: 8
  • Appliances Dishwasher: Yes
  • Appliances:Gas Cooktop: Yes
  • Appliances:Plumbed For Ice Maker: Yes
  • Community Features:Playground2: Yes
  • Community Features:Pool2: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Interior Features:Entrance Foyer: Yes
  • Interior Features:Granite Counters: Yes
  • Interior Features:High Ceilings: Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Community Features:Street Lights: Yes
  • Fireplace Features:Sealed Combustion: Yes
  • Interior Features:Tray Ceiling(s): Yes
  • Appliances:ENERGY STAR Qualified Appliances: Yes
  • Fireplace Features:Gas Log: Yes
  • Appliances:Gas Water Heater: Yes
  • Fireplace Features:Gas4: Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Exterior Features: Rain Gutters, Tennis Court(s)
  • Acres: 0.13
  • Home Warranty: Yes
  • Construction Type: Vinyl Siding
  • Foundation Details: Slab
  • Patio And Porch Features: Covered, Porch
  • Exterior Features:Rain Gutters: Yes
  • Lot Features:Landscaped: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Covered2: Yes
  • Construction Materials:Vinyl Siding: Yes
  • Lot Features:Corner Lot: Yes
  • Exterior Features:Tennis Court(s)3: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Garage, Garage Door Opener, Garage Faces Rear
  • Parking Features:Garage: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Garage Faces Rear: Yes
  • General Property Information:Garage Spaces: 2.0

Utilities

  • Utilities: Cable Available
  • Heating: Forced Air, Natural Gas, Zoned
  • Cooling: Central Air, 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

  • Community Features: Playground, Pool, Street Lights
  • Association Fee: 243.0
  • Association Fee Frequency: Quarterly
  • Association Name: PPM
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: PPM
  • Association Amenities:Pool: Yes
  • Association Amenities:Tennis Courts: Yes
  • Association Amenities:Clubhouse: Yes
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 243.0
  • General Property Information:Association Fee Frequency: Quarterly

Schools

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

Lot Info

  • Lot Dimensions: see plat
  • Lot Size Sq Ft: 5706.36
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Green Features

  • Green Indoor Air Qlty: Ventilation
  • Green Water Conservation: Low-Flow Fixtures
  • Green Energy Efficient:Thermostat: Yes
  • Green Verification Body: Green Building Cert: EcoSelect Program

MLS Schools

  • Elementary School: Wake County Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2021
Closed on
Oct 25, 2021
Sold by
Amelia Park Llc
Bought by
Gill Pritpalsingh N and Gill Sandeepkaur P
Seller's Agent
Donna Lane
Today Homes Realty NC, LLC
Buyer's Agent
Babu Thomas
Evershine Properties, Inc.
List Price
$454,965
Sold Price
$454,965
Total Days on Market
0
Current Estimated Value
$569,137

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$114,172
Avg. Annual Appreciation
6.42%
Original Mortgage
$363,972
Outstanding Balance
$336,200
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$232,937
Source: Public Records

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Range of Values:

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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
Gill Pritpalsingh N $455,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gill Pritpalsingh N $363,972
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2023 12/15/23 Off Market $454,965 -- --
10/25/2021 10/25/21 Sold $454,965 0.0% $184 / Sq Ft
07/01/2021 07/01/21 Pending -- -- --
07/01/2021 07/01/21 For Sale $454,965 -- $184 / 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 $4,850 $556,125 $120,000 $436,125
2023 $3,939 $359,499 $62,000 $297,499
2022 $3,660 $359,499 $62,000 $297,499
2021 $603 $62,000 $62,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2393146

Doorify MLS

APN: 1702.13-02-3664-000