Price Point: What $365K gets you in the Triangle housing market
This week’s Price Point looked at homes that sold recently for around $365,000 and found choices in Durham, Angier and Raleigh.
3 Lake Hill Drive, Durham, 27713
Sold: $367,000 on March 24
Attached townhome with two bedrooms and three bathrooms on a 0.04-acre lot
Built in 1996, this townhome is in the Lake Village Townes subdivision, about 250 feet from Woodlakes’ Lake, in South Durham. It’s about a 16-minute drive north to downtown Durham, and a 16-minute drive east to Raleigh-Durham International Airport.
The 1,443 square-foot home features hardwood floors throughout, granite countertops in kitchen, and a loft “flex space.”
Year built: 1996
Price per square foot: $255
HOA fees: Not applicable
Taxes: $2,600 (estimated)
Last sold: 2019 for $220,500
Listed by: Colleen Ellis, Real Estate By Design
24 Tanglewood Place #2, Angier, 27501
Sold: $369,000 on March 23
Brand-new single-family home with 4 bedrooms and 3 bathrooms on a 0.15-acre lot
Built in 2022, this home is in Tanglewood, a new construction community by True Homes in Angier. It’s about a 38-minute drive northeast to downtown Raleigh, and about a 50-minute drive northwest to Raleigh-Durham International Airport.
The 2,474-square-foot home offers an open floor plan with a private study, kitchen, dining area, lounge room with a fireplace, plus a screened porch. The kitchen includes upgrades such as quartz countertops, a tile backsplash and stainless steel appliances.
Year built: 2022
Price per square foot: $150
HOA fees: $459 semi annually
Taxes: Not available
Last sold: Not applicable
Listed by: Adam Martin, TLS Realty
4808 Forest Highland Drive, Raleigh, 27604
Sold: $365,000 on March 24
Single-family home with four bedrooms and three bathrooms on a 1.5-acre lot
Built in 1994, this home is in the Hedingham neighborhood. It’s about a 15-minute drive southwest to downtown Raleigh, and about a 30-minute drive west to Raleigh-Durham International Airport.
The 1,900-square-foot home features a formal dining room, an eat-in kitchen, a family room with a fireplace, an additional bonus room, and a two-car garage. Neighborhood amenities include community pools, an athletic club, golf, greenways, playgrounds and tennis courts.
Year built: 1994
Price per square foot: $192
HOA fees: $55 monthly
Taxes: $2,400 (estimated)
Last sold: 2018 for $234,500
Listed by: Kimberly Goss, MKT Market Realty & Property Management
(Editor’s note: Photos are virtually staged.)
This story was originally published March 29, 2023 at 8:00 AM.
