Price Point: What can you get for $645,000 in today’s Triangle housing market?
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Price Point
See what you could buy within your budget from the North Carolina Triangle’s current real estate market options.
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This week’s Price Point is swinging to the other side of the pendulum.
After showing you some properties that sold for the bargain-basement price of $140K in the Triangle last week — nothing that was really in move-in condition — we’re now upping the ante.
Today, we looked at homes that sold recently for around $645,000, and found choices in Cary, Garner and Raleigh.
105 Somersby Court, Cary, 27519
Sold: $635,000 on Feb. 10
Single-family home with four bedrooms and three bathrooms on a .2-acre lot
The house is in the Wellsley subdivision of Cary. It’s about 12-minute drive west from the center of town, and about a 27-minute drive from Raleigh.
Built in 1994, the house is on a cul-de-sac with a private fenced backyard. Interior features include an updated kitchen, hardwood floors, remodeled master bath and an unfinished walk-up attic. Amenities include neighborhood pool and tennis courts.
Size: 2,313 square feet
Year built: 1994
Price per square foot: $275
HOA fees: $180 quarterly
Taxes: $3,989 (estimated)
Last sold: 2020 for $425,000
Listed by: Michele Meyer, Coldwell Banker Advantage
1020 Reca Rd., Garner, 27529
Sold: $640,000 on Feb. 10
Single-family home with three bedrooms and two bathrooms on 19-acre lot
The house is located on 18.36 acres of land, about 8 miles outside of Garner. It’s about a 13-minute drive south from town, and a 26-minute drive south of Raleigh.
Built in 1984, the house features kitchen with quartz counters, stainless-steel appliances, hardwoods, roof, and air conditioning unit from 2021. The exterior also includes a barn with six stalls and riding trails. The listing reads: “No city taxes, no HOA with horses allowed.”
Size: 1,670 square feet
Year built: 1984
Price per square foot: $383
HOA fees: Not applicable
Taxes: 3,717 (estimated)
Last sold: 2021 for $550,000
Listed by: Alina Karpenko, Alina Real Estate
4917 Glenmorgan Lane, Raleigh, 27616
Sold: $645,000 on Feb. 7.
New-build single-family home with four bedrooms and three bathrooms on .16-acre lot
The house is in a new planned community called Belmont near I-440 and Route 401. It’s about a 16-minute drive northeast of downtown Raleigh.
Built in 2022, the house features a first-floor owner’s suite, guest suite, study, open floorplan kitchen and living area, plus game room. Amenities include community swimming pool, clubhouse, and recreation fields.
Size: 3,189 square feet
Year built: 2022
Price per square foot: $202
HOA fees: $1,068 annually
Taxes: 3,717 (estimated)
Last sold: Not applicable
Listed by: Joe Wolf, Drees Homes
This story was originally published February 15, 2023 at 7:43 AM.
