NOT LISTED FOR SALE

3142 Rapid Falls Rd Cary, NC 27519

Twin Lakes Neighborhood

Estimated Value: $408,000 - $414,915

3 Beds
2.5 Baths
1,671 Sq Ft
$246/Sq Ft Est. Value

Last Sold January 06, 2025

Last sale price $409,000 $245 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $2,852/month

85 Days on Market

Highlights

  • Clubhouse
  • Traditional Architecture
  • Corner Lot
  • Cedar Fork Elementary Rated A
  • Wood Flooring
  • Community Pool

About This Home

As of January 2025

Welcome to this inviting 3-bedroom, 2.5-bath end-unit townhome, located in a peaceful neighborhood known for its great amenities and friendly community atmosphere. This beautiful home boasts an open floor concept that creates a bright and spacious living area, perfect for family gatherings or entertaining guests. The modern kitchen is a chef's delight, featuring a large island ideal for meal preparation, casual dining, and extra storage space. The home's corner lot location provides plenty of natural light throughout, adding to its warm and welcoming feel. Just minutes from the airport and shopping centers, this townhome offers both comfort and convenience, with access to parks, walking trails, and other neighborhood amenities. Don't miss your chance to make this wonderfully maintained property your own!

Last Listed By

Shirley Harvey

Mark Spain Real Estate License #312912 Listed on: 09/10/2024

Mark Spain Real Estate

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,295

Year Built

  • Built in 2007

Lot Details

  • 1,742 Sq Ft Lot
  • Back and Front Yard

HOA Fees

Home Design

  • Traditional Architecture
  • Brick or Stone Mason
  • Slab Foundation
  • Shingle Roof
  • Stone

Interior Spaces

  • 1,671 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Pull Down Stairs to Attic
  • Laundry closet

Kitchen

  • Stainless Steel Appliances
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • 2 Parking Spaces
  • Parking Lot
  • Assigned Parking

Outdoor Features

  • Patio
  • Outdoor Storage
  • Front Porch

Schools

  • Cedar Fork Elementary School
  • West Cary Middle School
  • Panther Creek High School

Utilities

  • Cooling Available
  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 0745.01.48-3433.000

Community Details

Overview

  • Association fees include unknown
  • Westport At Twin Lakes HOA, Phone Number (919) 233-7660
  • Twin Lakes Master Assoc Association
  • Twin Lakes Subdivision

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Pool

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,295

Year Built

Built in 2007

Lot Details

0

HOA Fees

$279 per month

Listing Details

  • Year Built: 2007
  • Prop. Type: Residential
  • Reso Association Fee Includes: Unknown
  • Subdivision Name: Twin Lakes
  • Above Grade Finished Sq Ft: 1671.0
  • Architectural Style: Traditional
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Contract Information Ownership Type: Townhouse
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Association Fee 2 Required YN: Yes
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: No
  • Attic Features Pull-Down Stairs: Yes
  • Flooring Tile: Yes
  • Foundation Details Slab: Yes
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • Flooring Carpet: Yes
  • Flooring Hardwood: Yes
  • Levels Two: Yes
  • Architectural Style Traditional: Yes
  • General Property Information Association Phone: 919-233-7660
  • Laundry Features Laundry Closet: Yes
  • General Property Information Association Name 2: Twin Lakes Master Assoc
  • General Property Information Enhanced Accessible2: No
  • General Property Information Monthly Association Fees2: 199.0
  • Roof:Shingle: Yes
  • General Property Information Above Grade Finished Area: 1671.0
  • Structure Type Townhouse: Yes
  • General Property Information Lot Size Square Feet2: 1742.0
  • General Property Information Lot Size Acres: 0.04
  • General Property Information Stories2: 2
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2

Interior Features

  • Flooring: Carpet, Hardwood, Tile
  • Interior Amenities: Ceiling Fan(s), Kitchen Island
  • Appliances: Stainless Steel Appliance(s)
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Main Level Bathrooms: 1
  • Total Bedrooms: 5
  • Stories: 2
  • Community Features:Pool2: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Community Features:Tennis Court(s)2: Yes
  • Appliances:Stainless Steel Appliance(s): Yes
  • Interior Features:Kitchen Island: Yes
  • Community Features:Clubhouse2: Yes

Exterior Features

  • Roof: Shingle
  • Exterior Features: Storage
  • Fencing: None
  • Acres: 0.04
  • Disclosures: Seller Disclosure
  • Construction Type: Fiber Cement, Stone
  • Foundation Details: Slab
  • Patio And Porch Features: Front Porch, Patio
  • Construction Materials:Fiber Cement: Yes
  • Construction Materials:Stone: Yes
  • Patio And Porch Features:Patio: Yes
  • Lot Features:Corner Lot: Yes
  • Exterior Features:Storage2: Yes
  • Lot Features:Back Yard2: Yes
  • Patio And Porch Features:Front Porch: Yes
  • Lot Features:Front Yard2: Yes

Garage/Parking

  • Attached Garage: No
  • Open Parking: No
  • Parking Features: Assigned, Parking Lot
  • Total Parking Spaces: 2.0
  • Parking Features:Assigned: Yes
  • Parking Features:Parking Lot: Yes
  • General Property Information:Parking Total: 2.0
  • General Property Information:Open Parking YN2: No

Utilities

  • Heating: Forced Air
  • Cooling: Dual
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Community Features: Clubhouse, Pool, Tennis Court(s)
  • Association #2 Fee: 240.0
  • Association #2 Fee Frequency: Quarterly
  • Association Fee: 199.0
  • Association Fee Frequency: Monthly
  • Association: Twin Lakes Master Assoc
  • Association Name: Westport at Twin Lakes HOA
  • Phone: 919-233-7660
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: Westport at Twin Lakes HOA
  • Association Amenities:Pool: Yes
  • Association Amenities:Clubhouse: Yes
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 199.0
  • General Property Information:Association Fee Frequency: Monthly
  • General Property Information:Association Fee 2: 240.0
  • General Property Information:Association Fee 2 Frequency: Quarterly

Schools

  • Ninth Grade High School: Wake - Panther Creek
  • Middle Or Junior School: Wake - West Cary

Lot Info

  • Lot Size Sq Ft: 1742.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 0745.01.48-3433.000
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3295.18
  • Tax Year: 2024
  • Tax Map Number: 872

MLS Schools

  • Elementary School: Wake - Cedar Fork

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 10, 2024
Closed on
Dec 23, 2024
Sold by
Opendoor Property Trust
Bought by
Slaughter John and Florez Vivian
Seller's Agent
Shirley Harvey
Mark Spain Real Estate
Buyer's Agent
Mary McCrery
Coldwell Banker HPW
List Price
$421,000
Sold Price
$409,000
Premium/Discount to List
-$12,000
-2.85%
Total Days on Market
85
Views
61
Current Estimated Value
$411,729

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,729
Avg. Annual Appreciation
2.24%

Purchase Details

Closed on
Aug 16, 2024
Sold by
Mohan Pradeep
Bought by
Opendoor Property Trust

Purchase Details

Closed on
Oct 22, 2018
Sold by
Rehman Chowdhury Sadat Ahmed and Rehman Dorothi Farhin
Bought by
Mohan Pradeep

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$246,050
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 27, 2007
Sold by
Kb Home Raleigh Durham Inc
Bought by
Felina Manuel B and Felina Severina B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,599
Interest Rate
6.36%
Mortgage Type
Unknown

Range of Values:

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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
Slaughter John $409,000 None Listed On Document
Slaughter John $409,000 None Listed On Document
Opendoor Property Trust $385,000 None Listed On Document
Mohan Pradeep -- None Listed On Document
Mohan Pradeep $261,000 None Available
Felina Manuel B $187,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mohan Pradeep $233,000
Previous Owner Mohan Pradeep $246,050
Previous Owner Dorothi Farhin Rehman $53,000
Previous Owner Felina Manuel B $149,599
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/06/2025 01/06/25 Sold $409,000 -1.7% $245 / Sq Ft
12/04/2024 12/04/24 Pending -- -- --
10/17/2024 10/17/24 Price Changed $416,000 -1.2% $249 / Sq Ft
09/10/2024 09/10/24 For Sale $421,000 -- $252 / 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 $3,295 $390,607 $90,000 $300,607
2023 $2,606 $258,065 $63,000 $195,065
2022 $2,509 $258,065 $63,000 $195,065
2021 $2,459 $258,065 $63,000 $195,065
2020 $2,472 $258,065 $63,000 $195,065
2019 $2,102 $194,406 $50,000 $144,406
2018 $1,973 $194,406 $50,000 $144,406
2017 $1,896 $194,406 $50,000 $144,406
2016 $1,868 $194,406 $50,000 $144,406
2015 $2,029 $204,090 $58,900 $145,190
2014 $1,914 $204,090 $58,900 $145,190
Source: Public Records

Agents Affiliated with this Home

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Source: Doorify MLS

MLS Number: 10051721

Doorify MLS

APN: 0745.01-48-3433-000