NOT LISTED FOR SALE

8324 Covington Hill Way Apex, NC 27539

Middle Creek Neighborhood

Estimated Value: $836,000 - $929,000

5 Beds
4.5 Baths
3,595 Sq Ft
$241/Sq Ft Est. Value

Last Sold July 13, 2022

Last sale price $825,000 $229 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $5,445/month

22 Days on Market

About This Home

As of July 2022

Meticulously maintained, One of a kind gem, Luxurious, Upgraded and Fabulous 5 bedroom, 4.5 bath home very rare to find High Ceiling gorgeous two-story brick home located in prime area. Large size 5BRs. Guest Bed and 1.5 Bath in FF. 0.36 acre wooded privacy lot. Walking distance to great schools and parks. Master-planned community featuring modern homes and outstanding amenities. Loaded upgrades (man cave, irrigation system, Lutron switches). Grab before rates go up.

Last Agent to Sell the Property

Sreedhar Gudur

MMVG Triangle Group LLC License #310224 Listed on: 04/30/2022

Last Buyer's Agent

Charlie Jaeckels

Redfin Corporation License #332142

Redfin Corporation

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 30, 2022
Closed on
Jul 13, 2022
Sold by
Baker James B and Valdevieso Ma
Bought by
Pik Justin and Calle Stephanie Fawcett
Seller's Agent
Sreedhar Gudur
MMVG Triangle Group LLC
Buyer's Agent
Charlie Jaeckels
Redfin Corporation
List Price
$832,450
Sold Price
$825,000
Premium/Discount to List
-$7,450
-0.89%
Total Days on Market
22
Current Estimated Value
$867,523

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,523
Avg. Annual Appreciation
1.73%
Original Mortgage
$350,000
Outstanding Balance
$337,038
Interest Rate
5.78%
Mortgage Type
New Conventional
Estimated Equity
$530,485

Purchase Details

Closed on
Aug 21, 2020
Sold by
Baker James B and Diaz Ma Theresa
Bought by
Baker James B and Diaz Ma Theresa

Purchase Details

Closed on
Jul 9, 2013
Sold by
Cutting Michael and Cutting Jodi A
Bought by
Baker Hong and Baker James B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
3.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 4, 2012
Sold by
The Drees Company
Bought by
Cutting Michael and Cutting Jodi A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$282,500
Interest Rate
3.84%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 15, 2011
Sold by
Tom Davis Homes Inc
Bought by
The Drees Company
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
Pik Justin $825,000 Midtown Property Law
Baker James B -- None Available
Baker Hong $448,500 None Available
Cutting Michael $432,500 None Available
The Drees Company $290,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pik Justin $350,000
Previous Owner Baker James Brent $175,000
Previous Owner Baker Hong $400,000
Previous Owner Cutting Michael $282,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2023 12/15/23 Off Market $825,000 -- --
07/13/2022 07/13/22 Sold $825,000 +3.4% $229 / Sq Ft
06/11/2022 06/11/22 Pending -- -- --
05/29/2022 05/29/22 Price Changed $798,000 -4.1% $222 / Sq Ft
05/20/2022 05/20/22 For Sale $832,450 -- $232 / 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 $6,477 $770,069 $150,000 $620,069
2023 $5,005 $497,548 $100,000 $397,548
2022 $4,819 $497,548 $100,000 $397,548
2021 $4,722 $497,548 $100,000 $397,548
2020 $4,747 $497,548 $100,000 $397,548
2019 $4,896 $455,441 $95,000 $360,441
2018 $4,594 $455,441 $95,000 $360,441
2017 $3,328 $455,441 $95,000 $360,441
2016 $4,349 $455,441 $95,000 $360,441
2015 $5,388 $545,289 $90,000 $455,289
2014 $5,080 $545,289 $90,000 $455,289
Source: Public Records

Agents Affiliated with this Home

  • Sreedhar Gudur

    Seller's Agent in 2022

    Sreedhar Gudur

    MMVG Triangle Group LLC

    (919) 324-5241

    4 in this area

    126 Total Sales

    Sreedhar Gudur
    Section Image

  • C

    Buyer's Agent in 2022

    Charlie Jaeckels

    Redfin Corporation

    (612) 418-0869

    Section Image
See All Agents

Map

Source: Doorify MLS

MLS Number: 2445943

Doorify MLS

APN: 0679.01-25-8378-000

North Carolina Wake County Apex 27539 Middle Creek

8324 Covington Hill Way, Apex, NC

This home is located at 8324 Covington Hill Way, Apex, NC 27539 since 30 April 2022 and is currently estimated at $867,523, approximately $241 per square foot. This property was built in 2011. 8324 Covington Hill Way is a home located in Wake County with nearby schools including West Lake Elementary School, West Lake Middle, and Middle Creek High.

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