NOT LISTED FOR SALE

831 New Derby Ln Apex, NC 27523

Estimated Value: $422,000 - $488,000

3 Beds
2.5 Baths
1,850 Sq Ft
$253/Sq Ft Est. Value

Last Sold August 11, 2021

Last sale price $405,000 $219 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $2,966/month

6 Days on Market

Highlights

  • Craftsman Architecture
  • Wood Flooring
  • High Ceiling
  • Laurel Park Elementary Rated A
  • End Unit
  • Granite Countertops

About This Home

As of August 2021

Lovely end unit town home in a quite neighborhood, Convenient to US-64, US-55. Minutes to down town Apex. Bright open kitchen, dining, family room. Granite countertops in well designed kitchen. 3 bedrooms upstairs. Covered patio. Neighborhood quest parking just out the back door.

Last Agent to Sell the Property

Myong Kim

M Kim Realty LLC License #194469 Listed on: 06/17/2021

Last Buyer's Agent

Lisa Prillaman

Keller Williams Realty Cary License #289173

Keller Williams Realty Cary

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,125

Year Built

  • Built in 2017

Lot Details

  • 3,398 Sq Ft Lot
  • Lot Dimensions are 30' x 99'
  • End Unit

HOA Fees

  • $132 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Front Facing Garage
  • Private Driveway

Home Design

  • Craftsman Architecture
  • Brick or Stone Mason
  • Shake Siding
  • Stone

Interior Spaces

  • 1,850 Sq Ft Home
  • 2-Story Property
  • Tray Ceiling
  • High Ceiling
  • Gas Fireplace
  • Insulated Windows
  • Family Room with Fireplace
  • Combination Kitchen and Dining Room
  • Scuttle Attic Hole
  • Laundry on upper level

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Separate Shower in Primary Bathroom

Home Security

Outdoor Features

  • Patio

Schools

  • Laurel Park Elementary School
  • Salem Middle School
  • Apex Friendship High School

Utilities

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

Community Details

Overview

  • Association fees include ground maintenance
  • Salem Pointe Owners Assoc Association
  • Salem Pointe Subdivision

Security

  • Storm Windows

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,125

Year Built

Built in 2017

Lot Details

0

HOA Fees

$132 per month

Parking

2

Listing Details

  • Year Built: 2017
  • Prop. Type: Residential
  • Reso Association Fee Includes: Maintenance Grounds
  • Subdivision Name: Salem Pointe
  • Above Grade Finished Sq Ft: 1850.0
  • Architectural Style: Craftsman
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Contract Information Ownership Type: Townhouse
  • General Property Information Lot Size Dimensions: 30' x 99'
  • 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
  • Interior Features KitchenDining Room Combination: Yes
  • Structure Type Site Built: Yes
  • Cooling Zoned: Yes
  • Flooring Carpet: Yes
  • Flooring Hardwood: Yes
  • Interior Features Separate Shower: Yes
  • Levels Two: Yes
  • Laundry Features Upper Level: Yes
  • Architectural Style Craftsman: Yes
  • Attic Features Scuttle: Yes
  • Common Walls End Unit: Yes
  • General Property Information Above Grade Finished Area: 1850.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 3397.68
  • General Property Information Lot Size Acres: 0.078
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Flooring: Carpet, Hardwood, Tile
  • Interior Amenities: Granite Counters, High Ceilings, Kitchen/Dining Room Combination, Separate Shower, Tray Ceiling(s), Walk-In Closet(s)
  • Appliances: Dishwasher, Electric Water Heater, Gas Range, Microwave
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Family Room, Gas, Sealed Combustion
  • Fireplaces: 1
  • Total Bedrooms: 9
  • Appliances Dishwasher: Yes
  • Interior Features:Granite Counters: Yes
  • Interior Features:High Ceilings: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Fireplace Features:Family Room: Yes
  • Fireplace Features:Sealed Combustion: Yes
  • Interior Features:Tray Ceiling(s): Yes
  • Appliances:Electric Water Heater: Yes
  • Fireplace Features:Gas4: Yes
  • Appliances:Gas Range: Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Acres: 0.08
  • Common Walls: End Unit
  • Construction Type: Fiber Cement, Shake Siding, Stone
  • Patio And Porch Features: Patio
  • Construction Materials:Fiber Cement: Yes
  • Construction Materials:Stone: Yes
  • Patio And Porch Features:Patio: Yes
  • Window Features:Insulated Windows: Yes
  • Window Features:Storm Window(s): Yes
  • Construction Materials:Shake Siding: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • 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: 2.0

Utilities

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

Condo/Co-op/Association

  • Association Fee: 132.0
  • Association Fee Frequency: Monthly
  • Association Name: Salem Pointe Owners Assoc
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: Salem Pointe Owners Assoc
  • Association Fee Includes:Maintenance Grounds2: Yes
  • General Property Information:Association Fee: 132.0
  • General Property Information:Association Fee Frequency: Monthly

Schools

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

Lot Info

  • Lot Dimensions: 30' x 99'
  • Lot Size Sq Ft: 3397.68
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3125.0
  • Tax Year: 2020

MLS Schools

  • Elementary School: Wake - Laurel Park

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2021
Closed on
Aug 10, 2021
Sold by
Gillman Linda N
Bought by
Menon Ashwin and Menon Harita
Seller's Agent
Myong Kim
M Kim Realty LLC
Buyer's Agent
Lisa Prillaman
Keller Williams Realty Cary
List Price
$399,099
Sold Price
$405,000
Premium/Discount to List
$5,901
1.48%
Current Estimated Value
$468,590

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,590
Avg. Annual Appreciation
3.59%
Original Mortgage
$193,500
Outstanding Balance
$175,951
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$292,639

Purchase Details

Closed on
Mar 9, 2018
Sold by
Standard Pacific Of The Caroinas Llc
Bought by
Gillman Linda N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,800
Interest Rate
4.15%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Menon Ashwin $405,000 None Available
Gillman Linda N $324,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Menon Ashwin $193,500
Previous Owner Gillman Linda N $193,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2023 12/15/23 Off Market $405,000 -- --
08/11/2021 08/11/21 Sold $405,000 +1.5% $219 / Sq Ft
06/22/2021 06/22/21 Pending -- -- --
06/16/2021 06/16/21 For Sale $399,099 -- $216 / 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 $4,194 $478,070 $120,000 $358,070
2024 $4,100 $478,070 $120,000 $358,070
2023 $3,495 $316,815 $50,000 $266,815
2022 $3,282 $316,815 $50,000 $266,815
2021 $3,156 $316,815 $50,000 $266,815
2020 $3,125 $316,815 $50,000 $266,815
2019 $3,146 $275,219 $60,000 $215,219
2018 $2,963 $60,000 $60,000 $0
2017 $0 $60,000 $60,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2390407

Doorify MLS

APN: 0743.20-90-1818-000