NOT LISTED FOR SALE

8 Sparta Ln Apex, NC 27502

Estimated Value: $361,000 - $438,000

3 Beds
2 Baths
1,229 Sq Ft
$326/Sq Ft Est. Value

Last Sold June 17, 2021

Last sale price $320,000 $260 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $2,449/month

4 Days on Market

Highlights

  • Deck
  • Ranch Style House
  • High Ceiling
  • Apex Elementary Rated A-
  • Wood Flooring
  • Granite Countertops

About This Home

As of June 2021

Charming patio-ranch home recently updated in Apex. Walk to Apex Elementary, 1 mile to downtown Apex. Home features a 1 car garage, split bedroom plan, 9 foot ceilings, open kitchen-dining-living room layout w/dining bar, French doors to patio/deck, walk-in closet, gas logs & fenced in yard. Updates include new interior paint, new carpet & pad, new stainless dishwasher & range, SS fridge. Galaxy granite counters in kitchen & master bath complete the look. This is a great little house & huge opportunity.

Last Agent to Sell the Property

Damon Vaughn

Keller Williams Realty License #186430 Listed on: 05/12/2021

Keller Williams Realty

Last Buyer's Agent

Julie Wrenn

Berkshire Hathaway HomeService License #192652

Berkshire Hathaway HomeService

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,328

Year Built

  • Built in 1999

Lot Details

  • 3,920 Sq Ft Lot
  • Fenced Yard

HOA Fees

  • $8 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Front Facing Garage
  • Private Driveway

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 1,229 Sq Ft Home
  • High Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Insulated Windows
  • Entrance Foyer
  • Family Room with Fireplace
  • Combination Dining and Living Room

Kitchen

  • Electric Range
  • Range Hood
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Laundry in Kitchen
  • Electric Dryer Hookup

Outdoor Features

  • Deck
  • Patio
  • Rain Gutters

Schools

  • Apex Friendship Elementary School
  • Apex Middle School
  • Apex Friendship High School

Utilities

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

Community Details

  • Perry Hills HOA
  • Perry Hills Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,328

Year Built

Built in 1999

Lot Details

0

HOA Fees

$8 per month

Parking

1

Listing Details

  • Year Built: 1999
  • Prop. Type: Residential
  • Subdivision Name: Perry Hills
  • Above Grade Finished Sq Ft: 1229.0
  • Architectural Style: Ranch
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Contract Information Ownership Type: Other
  • General Property Information Lot Size Dimensions: no survey
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: Yes
  • Architectural Style Ranch: Yes
  • Cooling Central Air: Yes
  • Foundation Details Slab: Yes
  • Laundry Features Main Level: Yes
  • Levels One: Yes
  • Sewer:Public Sewer: Yes
  • Structure Type Site Built: Yes
  • Water Source Public: Yes
  • Flooring Carpet: Yes
  • Room Types Bedroom 2 Level: M
  • Room Types Bedroom 3 Level: M
  • Room Types Dining Room2: Yes
  • Room Types Family Room2: Yes
  • Room Types Primary Bedroom Level: M
  • Interior Features LivingDining Room Combination: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Appliances Refrigerators: Yes
  • Flooring Wood: Yes
  • Utilities Cable Available: Yes
  • Laundry Features Laundry Closet: Yes
  • General Property Information Above Grade Finished Area: 1229.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 3920.4
  • General Property Information Lot Size Acres: 0.09
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Wood
  • Interior Amenities: Ceiling Fan(s), Entrance Foyer, Granite Counters, High Ceilings, Living/Dining Room Combination, Primary Downstairs, Walk-In Closet(s)
  • Appliances: Dishwasher, Electric Range, Gas Water Heater, Range Hood, Refrigerator
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Family Room, Gas, Prefabricated
  • Fireplaces: 1
  • Total Bedrooms: 6
  • Appliances Dishwasher: Yes
  • Appliances:Range Hood: 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:Primary Downstairs: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Fireplace Features:Family Room: Yes
  • Appliances:Electric Range: Yes
  • Appliances:Gas Water Heater: Yes
  • Fireplace Features:Gas4: Yes
  • Laundry Features:In Kitchen: Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Exterior Features: Fenced Yard, Rain Gutters
  • Acres: 0.09
  • Construction Type: Brick, Vinyl Siding
  • Foundation Details: Slab
  • Patio And Porch Features: Deck, Patio
  • Exterior Features:Rain Gutters: Yes
  • Construction Materials:Vinyl Siding: Yes
  • Patio And Porch Features:Patio: Yes
  • Patio And Porch Features:Deck2: Yes
  • Exterior Features:Fenced - Yard: Yes
  • Window Features:Insulated Windows: Yes
  • Construction Materials:Brick: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Concrete, Driveway, Garage, Garage Faces Front
  • Parking Features:Garage: Yes
  • Parking Features:Concrete4: Yes
  • Parking Features:Driveway: Yes
  • Parking Features:Garage Faces Front: Yes
  • General Property Information:Garage Spaces: 1.0

Utilities

  • Utilities: Cable Available
  • Heating: Forced Air, Natural Gas
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association Fee: 90.0
  • Association Fee Frequency: Annually
  • Association Name: Perry Hills HOA
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: Perry Hills HOA
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 90.0
  • General Property Information:Association Fee Frequency: Annually

Schools

  • Ninth Grade High School: Wake - Apex Friendship
  • Middle Or Junior School: Wake - Apex

Lot Info

  • Lot Dimensions: no survey
  • Lot Size Sq Ft: 3920.4
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2328.0
  • Tax Year: 2021

MLS Schools

  • Elementary School: Wake - Apex Friendship

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2021
Closed on
Jun 24, 2021
Sold by
Khalid Yasir and Khalid Rida
Bought by
Rashed Othman
Seller's Agent
Damon Vaughn
Keller Williams Realty
Buyer's Agent
Julie Wrenn
Berkshire Hathaway HomeService
List Price
$275,000
Sold Price
$320,000
Premium/Discount to List
$45,000
16.36%
Current Estimated Value
$400,631

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,631
Avg. Annual Appreciation
5.66%
Original Mortgage
$225,000
Outstanding Balance
$205,915
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$194,716

Purchase Details

Listed on
May 12, 2021
Closed on
Jun 17, 2021
Sold by
Padhye Aditya
Bought by
Padhye Aditya and Padhye Kasie Maegan
Seller's Agent
Damon Vaughn
Keller Williams Realty
Buyer's Agent
Julie Wrenn
Berkshire Hathaway HomeService
List Price
$275,000
Sold Price
$320,000
Premium/Discount to List
$45,000
16.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Outstanding Balance
$205,915
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$194,716

Purchase Details

Listed on
May 12, 2021
Closed on
Jun 6, 2021
Sold by
Pethuraj Deepaveni and Perumal Pethuraj
Bought by
Padhye Aditya
Seller's Agent
Damon Vaughn
Keller Williams Realty
Buyer's Agent
Julie Wrenn
Berkshire Hathaway HomeService
List Price
$275,000
Sold Price
$320,000
Premium/Discount to List
$45,000
16.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Outstanding Balance
$205,915
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$194,716

Purchase Details

Closed on
Feb 23, 2007
Sold by
Champ Barry E and Champ Andrea G
Bought by
Perumal Pethuraj and Pethuraj Deepaveni

Purchase Details

Closed on
Apr 18, 2005
Sold by
Wilson Michelle L
Bought by
Champ Barry E and Champ Andrea G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,400
Interest Rate
5.74%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jun 25, 1999
Sold by
Homeplaces Llc
Bought by
Wilson Michelle Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,870
Interest Rate
7.27%
Mortgage Type
FHA
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
Rashed Othman $261,000 None Available
Padhye Aditya -- None Available
Padhye Aditya $320,000 None Available
Perumal Pethuraj $138,000 None Available
Champ Barry E $135,000 --
Wilson Michelle Lee $118,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Padhye Aditya $225,000
Previous Owner Perumal Pethuraj $110,000
Previous Owner Champ Barry E $101,400
Previous Owner Wilson Michelle L $119,644
Previous Owner Wilson Michelle L $118,559
Previous Owner Wilson Michelle Lee $115,870
Closed Champ Barry E $20,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2023 12/15/23 Off Market $320,000 -- --
06/17/2021 06/17/21 Sold $320,000 +16.4% $260 / Sq Ft
05/16/2021 05/16/21 Pending -- -- --
05/12/2021 05/12/21 For Sale $275,000 -- $224 / 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 $2,751 $319,997 $130,000 $189,997
2023 $2,603 $235,421 $70,000 $165,421
2022 $2,444 $235,421 $70,000 $165,421
2021 $2,351 $235,421 $70,000 $165,421
2020 $2,327 $235,421 $70,000 $165,421
2019 $1,765 $153,626 $50,000 $103,626
2018 $1,663 $153,626 $50,000 $103,626
2017 $1,549 $153,626 $50,000 $103,626
2016 $1,526 $153,626 $50,000 $103,626
2015 $1,481 $145,436 $42,000 $103,436
2014 $1,428 $145,436 $42,000 $103,436
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2383295

Doorify MLS

APN: 0741.10-26-9971-000