Price Point: What $340K gets you in the Triangle housing market
This week’s Price Point looks at homes that sold recently for around $340,000 and found choices in Pittsboro, Holly Springs and North Raleigh. The options vary greatly, especially on square footage. Take a look.
120 Mosaic Blvd. #308, Pittsboro 27312
Sold: $336,935 on April 4
Brand new condominium with one bedroom and one bathroom
This new condominium is in Tessera at MOSAIC, a 44-acre mixed-used community within Chatham Park in Pittsboro. It’s about a 33-minute drive east to Research Triangle Park, and about a 40-minute drive northeast to Durham.
The condominium includes 11-foot ceilings in the main living areas, smart appliances, a kitchen with quartz countertops, and luxury vinyl plank flooring. It includes a balcony, assigned parking and a building elevator.
Size: 812 square feet
Year built: 2022
Price per square foot: $415
HOA fees: $309 monthly
Taxes: Not available
Last sold: Not applicable
Listed by: Kerrie Bornkessel, Fonville Morisey & Barefoot/Select Homes
116 Crossfire Road, Holly Springs, 27540
Sold: $340,000 on April 12
Single-family home with three bedrooms and two bathrooms on a 0.3-acre lot
This home is in the Valleyfield subdivision in Holly Springs. It’s about a 33-minute drive northeast to downtown Raleigh, and about a 34-minute drive north to downtown Durham.
The home features new carpeting, a two-car garage, a front porch and private deck with a hot tub. Amenities include a community pool.
Size: 1,325 square feet
Year built: 1997
Price per square foot: $257
HOA fees: $120 quarterly
Taxes: $2,400 (estimated)
Last sold: 2009 for $154,000
Listed by: Cynthia Quarantello, Real Broker LLC
5422 Crescent Square St. #3231, Raleigh, 27616
Sold: $338,740 on April 14
Newly built townhome with three bedrooms and four bathrooms on 0.02-acre lot
This home is in Lennar’s new 5401 North master-plan community along Interstate-540 in Raleigh. It’s about an 18-minute drive southeast to downtown Raleigh, and about a 22-minute drive west to Raleigh-Durham International Airport.
The townhome features a first-floor bedroom, Quartz kitchen countertops, a gas range, a kitchen island, vinyl plank flooring, a one-car garage and a smart garage system. Community amenities include a pool and clubhouse with a fitness room.
Size: 1,733 square feet
Year built: 2023
Price per square foot: $195
HOA fees: $151 monthly
Taxes: Unavailable
Last sold: Not applicable
Listed by: Juan Leclair, Lennar Carolinas LLC
This story was originally published April 19, 2023 at 8:00 AM.
