$380,000
OPEN SUN 1PM - 3PM $10K PRICE DROP

408 Teal Lake Dr Holly Springs, NC 27540

Estimated payment $2,372/month

Total Views 5,377
3 Beds
2 Baths
1,139 Sq Ft
$334 Price per Sq Ft

Highlights

  • Popular Property
  • Deck
  • Ranch Style House
  • Fuquay-Varina High Rated A-
  • Wooded Lot
  • Wood Flooring

About This Home

This charming 3-bedroom, 2-bath ranch-style home in Holly Springs is a must-see! Featuring a beautiful layout with plenty of natural light, this home boasts an upgraded kitchen with modern finishes, including sleek countertops and appliances. Both bathrooms have been beautifully remodeled with contemporary fixtures and stylish details. The expansive backyard offers endless possibilities for outdoor entertaining, gardening, or simply relaxing in a peaceful setting. Located in a desirable neighborhood with easy access to local amenities, this home combines comfort, style, and convenience. Don't miss your chance to make this your dream home!

Listing Agent

Remie Montgomery

EXP Realty LLC License #358294

EXP Realty LLC

Co-Listing Agent

Charity Messaoudi

eXp Realty, LLC - C License #307247

Open House Schedule

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,522

Year Built

  • Built in 1997

Lot Details

  • 0.43 Acre Lot
  • No Unit Above or Below
  • Back Yard Fenced
  • Landscaped
  • Wooded Lot

HOA Fees

  • $41 Monthly HOA Fees

Home Design

  • Ranch Style House

Interior Spaces

  • 1,139 Sq Ft Home
  • Bookcases
  • High Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Living Room with Fireplace

Kitchen

  • Oven
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Parking Spaces
  • Private Driveway
  • On-Street Parking

Outdoor Features

  • Deck
  • Covered patio or porch
  • Exterior Lighting

Schools

  • Herbert Akins Road Elementary And Middle School
  • Fuquay Varina High School

Utilities

  • Forced Air Heating and Cooling System
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 0658.10-26-6518.000

Community Details

Overview

  • Association fees include unknown
  • Omega Association, Phone Number (919) 461-0102
  • Somerset Farm Subdivision

Recreation

  • Community Playground
  • Community Pool
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,522

Year Built

Built in 1997

Lot Details

0

HOA Fees

$41 per month

Listing Details

  • Year Built: 1997
  • Prop. Type: Residential
  • Reso Association Fee Includes: Unknown
  • Co List Office Mls Id: 76917
  • Co List Office Phone: 888-584-9431
  • Subdivision Name: Somerset Farm
  • Above Grade Finished Sq Ft: 1139.0
  • Architectural Style: Ranch
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • 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
  • Flooring Tile: Yes
  • Levels One: Yes
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • Flooring Carpet: Yes
  • Room Types Bedroom 2 Level: Main
  • Room Types Bedroom 3 Level: Main
  • Room Types Primary Bedroom Level: Main
  • Appliances Refrigerators: Yes
  • Flooring Wood: Yes
  • General Property Information Association Phone: 919-461-0102
  • General Property Information Enhanced Accessible2: No
  • General Property Information Monthly Association Fees2: 40.75
  • Common Walls No One Above: Yes
  • Common Walls No One Below: Yes
  • General Property Information Above Grade Finished Area: 1139.0
  • Cooling Ceiling Fan(s): Yes
  • Fencing Back Yard: Yes
  • General Property Information Lot Size Square Feet2: 18730.8
  • General Property Information Lot Size Acres: 0.43
  • Special Features: OpenHouse
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Bookcases, Ceiling Fan(s), High Ceilings
  • Appliances: Dishwasher, Gas Water Heater, Oven, Refrigerator
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Living Room, Wood Burning
  • Total Bedrooms: 3
  • Appliances Dishwasher: Yes
  • Community Features:Pool2: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Interior Features:High Ceilings: Yes
  • Appliances:Gas Water Heater: Yes
  • Fireplace Features:Wood Burning: Yes
  • Fireplace Features:Living Room: Yes
  • Interior Features:Bookcases: Yes
  • Appliances:Oven: Yes

Exterior Features

  • Roof: None
  • Exterior Features: Fenced Yard, Lighting, Private Yard
  • Fencing: Back Yard
  • Acres: 0.43
  • Common Walls: No One Above, No One Below
  • Construction Type: Unknown
  • Foundation Details: None
  • Patio And Porch Features: Covered, Deck
  • Lot Features:Landscaped: Yes
  • Lot Features:Wooded: Yes
  • Patio And Porch Features:Covered2: Yes
  • Patio And Porch Features:Deck2: Yes
  • Exterior Features:Fenced - Yard: Yes
  • Exterior Features:Lighting: Yes
  • Exterior Features:Private Yard: Yes
  • Construction Materials:Unknown: Yes

Garage/Parking

  • Attached Garage: No
  • Open Parking: No
  • Parking Features: Driveway, On Street
  • Total Parking Spaces: 2.0
  • Parking Features:Driveway: Yes
  • Parking Features:On Street: Yes
  • General Property Information:Parking Total: 2.0
  • General Property Information:Open Parking YN2: No

Utilities

  • Heating: Electric, Forced Air
  • Cooling: Ceiling Fan(s), Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Electric4: Yes
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Community Features: Pool
  • Association Fee: 122.24
  • Association Fee Frequency: Quarterly
  • Association Name: Omega
  • Phone: 919-461-0102
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: Omega
  • Association Amenities:Pool: Yes
  • Association Amenities:Trail(s): Yes
  • Association Amenities:Playground: Yes
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 122.24
  • General Property Information:Association Fee Frequency: Quarterly

Schools

  • Ninth Grade High School: Wake - Fuquay Varina
  • Middle Or Junior School: Wake - Herbert Akins Road

Lot Info

  • Lot Size Sq Ft: 18730.8
  • ResoLotSizeUnits: Acres
  • Parcel #: 0658.10-26-6518.000
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2522.36
  • Tax Year: 2024

MLS Schools

  • Elementary School: Wake - Herbert Akins Road

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $2,522 $336,991 $120,000 $216,991
2023 $2,169 $199,281 $68,000 $131,281
2022 $2,095 $199,281 $68,000 $131,281
2021 $2,056 $199,281 $68,000 $131,281
2020 $2,056 $199,281 $68,000 $131,281
2019 $1,827 $150,154 $50,000 $100,154
2018 $1,652 $150,154 $50,000 $100,154
2017 $1,593 $150,154 $50,000 $100,154
2016 $1,571 $150,154 $50,000 $100,154
2015 $1,538 $144,676 $48,000 $96,676
2014 $1,486 $144,676 $48,000 $96,676
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/19/2025 04/19/25 Price Changed $380,000 -2.6% $334 / Sq Ft
04/05/2025 04/05/25 For Sale $390,000 0.0% $342 / Sq Ft
02/15/2024 02/15/24 Rented $2,000 +2.6% --
01/23/2024 01/23/24 For Rent $1,950 0.0% --
12/15/2023 12/15/23 Off Market $350,000 -- --
12/28/2022 12/28/22 Sold $350,000 0.0% $304 / Sq Ft
11/09/2022 11/09/22 Pending -- -- --
11/06/2022 11/06/22 For Sale $350,000 -- $304 / Sq Ft
Source: Doorify MLS

Deed History

Date Type Sale Price Title Company
Warranty Deed $350,000 --
Warranty Deed $250,000 None Available
Warranty Deed $210,000 None Available
Warranty Deed $140,500 None Available
Warranty Deed $132,000 None Available
Warranty Deed $111,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $358,170 VA
Closed $350,000 VA
Previous Owner $260,000 New Conventional
Previous Owner $245,000 New Conventional
Previous Owner $206,196 FHA
Previous Owner $137,709 FHA
Previous Owner $20,000 Unknown
Previous Owner $133,450 Unknown
Previous Owner $98,925 Purchase Money Mortgage
Previous Owner $32,975 Credit Line Revolving
Previous Owner $105,000 Unknown
Previous Owner $109,390 No Value Available
Source: Public Records

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Source: Doorify MLS

MLS Number: 10087352

Doorify MLS

APN: 0658.10-26-6518-000