NOT LISTED FOR SALE

773 Cormiche Ln Unit 158 Wake Forest, NC 27587

Estimated Value: $492,000

3 Beds
2.5 Baths
2,380 Sq Ft
$207/Sq Ft Est. Value

Last Sold July 26, 2022

Last sale price $438,465 $184 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $3,002/month

2 Days on Market

Highlights

  • New Construction
  • Transitional Architecture
  • 1 Fireplace
  • Richland Creek Elementary School Rated A-
  • Main Floor Primary Bedroom
  • Bonus Room

About This Home

As of July 2022

This Thompson II floorplan with 1st floor Master Bedroom has it all in one of Lennar's newest neighborhoods in Wake Forest! This new two-story 3 bedroom 2 car garage home has upgraded design options including screen porch, fireplace, hardwood stairs, crown molding, quartz countertops, oversized glazed poreclain tiles in baths, stainless steel appliances and tankless water heater. ! Home is within walking distance to Joyner Park, shopping, restaurants and more. Will be complete June 2022.

Last Agent to Sell the Property

Ann Gowarty

Lennar Carolinas LLC License #251090 Listed on: 11/01/2021

Lennar Carolinas LLC

Co-Listed By

Derrick Spencer

Lennar Carolinas LLC License #277787

Last Buyer's Agent

Niraj Thacker

Esteem Properties License #325028

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,139

Year Built

  • Built in 2022 | New Construction

Lot Details

  • 3,615 Sq Ft Lot
  • Lot Dimensions are 33x110x33x110

HOA Fees

  • $56 Monthly HOA Fees

Parking

  • 2 Car Detached Garage
  • Rear-Facing Garage

Home Design

  • Transitional Architecture

Interior Spaces

  • 2,380 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Family Room
  • Bonus Room
  • Screened Porch

Flooring

  • Carpet
  • Tile
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main

Schools

  • Richland Creek Elementary School
  • Wake Forest Middle School
  • Wake Forest High School

Utilities

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

Community Details

Overview

  • Built by Lennar
  • Devon Square Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,139

Year Built

Built in 2022 | New Construction

Lot Details

0

HOA Fees

$56 per month

Parking

2

Listing Details

  • Builder Name: Lennar
  • Year Built: 2022
  • Prop. Type: Residential
  • Co List Office Mls Id: 3192
  • Co List Office Phone: 919-337-9420
  • Subdivision Name: Devon Square
  • Above Grade Finished Sq Ft: 2380.0
  • Architectural Style: Transitional
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: Yes
  • Contract Information Ownership Type: Other
  • General Property Information Lot Size Dimensions: 33x110x33x110
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: Yes
  • Architectural Style Transitional: Yes
  • Flooring Luxury Vinyl: Yes
  • Flooring Tile: Yes
  • Structure Type Site Built: Yes
  • Contract Information Estimated Completion Date: 2022-06-01
  • Cooling Zoned: Yes
  • Flooring Carpet: Yes
  • Levels Two: Yes
  • Property Condition Framed: No
  • Room Types Bedroom 2 Level: 2
  • Room Types Bedroom 3 Level: 2
  • Room Types Bonus Room: Yes
  • Room Types Family Room2: Yes
  • Room Types Primary Bedroom Level: M
  • General Property Information Above Grade Finished Area: 2380.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 3615.48
  • General Property Information Lot Size Acres: 0.083
  • General Property Information Builder Name: Lennar
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Luxury Vinyl, Tile
  • Appliances: Tankless Water Heater
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Total Bedrooms: 6
  • Appliances:Tankless Water Heater: Yes
  • Community Features:Street Lights: Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Acres: 0.08
  • Construction Type: Fiber Cement
  • Patio And Porch Features: Porch, Screened
  • Construction Materials:Fiber Cement: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Screened: Yes

Garage/Parking

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

Utilities

  • Heating: Forced Air, Natural Gas, Zoned
  • Cooling: Zoned
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes
  • Heating:Zoned2: Yes

Condo/Co-op/Association

  • Community Features: Street Lights
  • Association Fee: 56.25
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • Association Amenities:Pool: Yes
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 56.25
  • General Property Information:Association Fee Frequency: Monthly

Schools

  • Ninth Grade High School: Wake - Wake Forest
  • Middle Or Junior School: Wake - Wake Forest

Lot Info

  • Lot Dimensions: 33x110x33x110
  • Lot Size Sq Ft: 3615.48
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

MLS Schools

  • Elementary School: Wake - Richland Creek

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2021
Closed on
Jul 26, 2022
Sold by
Lennar Carolinas Llc
Bought by
Manickavasagan Karthikeyan and Ramalingam Selvi
Seller's Agent
Ann Gowarty
Lennar Carolinas LLC
Buyer's Agent
Niraj Thacker
Esteem Properties
List Price
$438,465
Sold Price
$438,465
Current Estimated Value
$492,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,535
Avg. Annual Appreciation
3.62%
Original Mortgage
$328,849
Outstanding Balance
$314,865
Interest Rate
5.7%
Mortgage Type
New Conventional
Estimated Equity
$177,135
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
Manickavasagan Karthikeyan $439,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Manickavasagan Karthikeyan $328,849
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/15/2023 12/15/23 Off Market $438,465 -- --
07/26/2022 07/26/22 Sold $438,465 0.0% $184 / Sq Ft
11/03/2021 11/03/21 Pending -- -- --
11/01/2021 11/01/21 For Sale $438,465 -- $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
2025 $4,139 $426,585 $80,000 $346,585
2024 $4,123 $426,585 $80,000 $346,585
2023 $4,048 $346,679 $60,000 $286,679
2022 $100 $60,000 $60,000 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2022

    Ann Gowarty

    Lennar Carolinas LLC

    Section Image

  • D

    Seller Co-Listing Agent in 2022

    Derrick Spencer

    Lennar Carolinas LLC

    (919) 796-7825

    53 in this area

    69 Total Sales

    Derrick Spencer
    Section Image
  • Niraj Thacker

    Buyer's Agent in 2022

    Niraj Thacker

    Esteem Properties

    (817) 300-4039

    17 in this area

    192 Total Sales

    Niraj Thacker
    Section Image
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Map

Source: Doorify MLS

MLS Number: 2416813

Doorify MLS

APN: 1841.05-18-2393-000

North Carolina Wake County Wake Forest 27587

773 Cormiche Ln Unit 158, Wake Forest, NC

This home is located at 773 Cormiche Ln Unit 158, Wake Forest, NC 27587 since 01 November 2021 and is currently estimated at $492,000, approximately $206 per square foot. This property was built in 2022. 773 Cormiche Ln Unit 158 is a home located in Wake County with nearby schools including Richland Creek Elementary School, Wake Forest-Rolesville Middle School, and Wake Forest High School.

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