Check Availability
Wake 27523
1276 Brown Velvet Lane
$510,000
↓ $5K (1%)
House - For Sale

1276 Brown Velvet Lane

Apex, NC 27523
bedrooms
3 Beds
bathrooms
4 Baths
square feet
2122 Sqft
$3,004
Estimated Monthly
$210
HOA / Fees
3.64%
Cap Rate

About This Property

Live, shop, and play in your Charleston-style Sweetwater home! Versatile floorplan, abundant natural light, low maintenance. Open-concept kitchen with granite, gas range, updated lighting. Large primary bedroom with wall of windows, soaring ceilings, WIC & en-suite. Huge finished bonus room/office with private half bath. Electric Car Charger Conveys. HOA includes pool, gym, dog park, playground, trails. Prime Sweetwater location near upcoming commercial development offering dining, shopping, and retail options. Proximity to RDU/RTP, Jordan Lake. Enjoy a vibrant community lifestyle with convenience!

The manager has listed the unit size as 2122 square feet.
Unit Size
2,122Ft²
Days on Market
75 days
Land Size
0.07 acres
Price per sqft
$240
Property Type
House
Property Taxes
$290
HOA Dues
$210
Year Built
2018
Last updated: 12 days ago (TRIANGLE #10011888)

Price History

Date / Event Date Event Price
Apr 19, 2024 Price Decreased $510,000
↓ $5K (1%)
Price Decreased
Mar 16, 2024 Price Decreased $515,000
↓ $10K (1.9%)
Price Decreased
Feb 15, 2024 Listed by Compass North Carolina $525,000
Listed by Compass North Carolina

Property Highlights

Air Conditioning
Exterior Details

Exterior Information

Stone Veneer

Building Info

Overview

    General

  • Year Built: 2018
  • Effective Year Built: 2018
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Construction Type: Frame
  • Building Style: Conventional
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 554
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,049
  • Total Building Area: 2,065
  • Building Area: 2,065
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,065
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: SWEETWATER
  • Land Acres: 0.07
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LO273 SWEETWATER PH5 BM2017-00545

Ownership

  • Current Owner : CLARK DON ANTHONY
  • Previous Owner : EXPERIENNCE ONE HOMES LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Chatham County Schools
  • Census Tract: 053427

Zoning

  • Zoning: PUD-CZ

Geography

  • Assessors Map Reference: BK 2017 PG 545
  • Account Number: 0445015
  • District: 20
  • Subdivision Phase Number: 5
  • Parcel: 0722.03-33-9591 0445015
  • Lot: 273
  • Municipality: WHITE OAK
  • Latitude: 35.7379
  • Longitude: -78.9191

    Address

  • Full Address: 1276 Brown Velvet Ln
  • Address - House Number: 1276
  • Address - Street Name: Brown Velvet
  • Address - Suffix Type: Ln
  • State: NC
  • City Name: Apex
  • Carrier Code: R052
  • 4-Digit Zip Code: 4101
  • Zip Code: 27523

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,476

    Appraisal Valuation

  • Standard Deviation: 0.1222
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 86
  • Final Value: 525,446
  • High Value: 589,660
  • Low Value: 461,233

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $636,261
  • First Open Lien Mortgage Lender: GUARANTEED RATE INC
  • First Open Lien Mortgage Recording Date: Nov 01, 2021
  • First Open Lien Mortgage Loan Amount: $364,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2051
  • Second Open Lien Mortgage Lender: NATIONSTAR MORTGAGE LLC
  • Second Open Lien Mortgage Recording Date: Jun 10, 2020
  • Second Open Lien Mortgage Loan Amount: $272,261
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: FHA
  • Second Open Lien Mortgage Loan Due Date: Jul 01, 2050

    Market Valuation

  • Market Total Value: $315,040
  • Market Land Value: $55,000
  • Market Improvement Value: $260,040

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $315,040
  • Assessed Land Value: $55,000
  • Assessed Improvements Value: $260,040

    Sales

  • Current Sale Contract Date: Apr 17, 2018
  • Current Sale Recording Date: Apr 17, 2018
  • Current Sale Transaction ID: 11448967832
  • Current Sale Price: $287,500
  • Current Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: NFM INC
  • First Mortgage Transaction Date: Apr 17, 2018
  • First Mortgage Loan Amount: $277,085
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: May 01, 2048

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Townhouse
4 Beds
3.5 Baths
2,111 ft²
$225/ft²
$475,000 Dec 14, 2023
-
$494/mo
In Contract
House
3 Beds
2.5 Baths
-
$585,000 Feb 16, 2024
-
$52,326/mo

About Wake


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Frequently Asked Questions

When was property at 1276 Brown Velvet Lane built and last sold?
The property at 1276 Brown Velvet Lane was built in 2018 and last sold on Apr 17, 2018 for $287,500.
How much is this home worth?
The estimated value of the home located at 1276 Brown Velvet Lane is $529,327.
What are some comparable homes to 1276 Brown Velvet Lane?
Homes that are comparable to 1276 Brown Velvet Lane include a townhouse property at 1244 Barn Cat Way, a house property at 1102 Russet Lane, which are both great to check out.

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