tomo logo

$775,000

Beds
5
Baths
3.5
sq ft
3,324

1400 Brown Velvet Lane, Apex, NC 27523

1400 Brown Velvet Lane

Apex, NC 27523

  • Pending
Discover this move-in-ready, freshly painted home with updates that deliver style and comfort! With 5 bedrooms and 4 baths, this home offers a sought-after open floor plan perfect for entertaining and everyday living. The gourmet kitchen boasts quartz countertops, two spacious islands, and bar seating, making it a dream for home chefs and gatherings. The family room features a cozy gas fireplace, ideal for relaxing. On the first floor, you'll find a bedroom with a bath, perfect for guests or a home office. The owner's suite is a serene retreat with its own private balcony, while the third floor offers flexible living space - use it as a bonus room, home office, or bedroom, complete with a bath. Private backyard featuring a screened-in porch and a fenced yard perfect for relaxing or entertaining. Located in the desirable Sweetwater community, enjoy resort-style amenities including a clubhouse, gym, pool, playground, pocket parks, a dog park, and greenway trails that will soon connect to the Tobacco Trail. The Sweetwater Town Center offers shopping, dining, and retail just moments away, with easy access to RDU, RTP, and Jordan Lake. This home checks all the boxes - schedule your showing today!

Details

Property type

Single Family Residence

Est. home value

$735,381

Lot size

4,791.6 sq ft

Price per sq ft

$234

Year built

2017

Annual property taxes

$6,733.63

Monthly HOA fee

$81.03

Price History

01/19/2025
TriangleMLS

TriangleMLS #10070757

Pending
$775,000
01/14/2025
TriangleMLS

TriangleMLS #10070757

Listed
$775,000
+78.22%
12/28/2017
TriangleMLS

TriangleMLS #2128663

Sold
$434,855

Schools & Community

Elementary school: 

Wake - Olive Chapel

Middle school: 

Wake - Lufkin Road

High school: 

Wake - Apex Friendship

Community features: 

Pool, Clubhouse, Curbs, Fitness Center, Park, Playground, Restaurant, Sidewalks, Street Lights

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Residential Mortgage Services

Loan start date

September 2020

Original loan amount

$308,000

Est. remaining balance

$278,732

Interest rate

3.01%

Loan type

New Conventional, 30 year

Seller

Jason Iannone and Bethany Iannone

Lender

Branch Banking And Trust Co

Loan start date

December 2017

Original loan amount

$314,855

Est. remaining balance

$270,336

Interest rate

3.9%

Loan type

New Conventional, 30 year

Seller

Jason Iannone and Bethany Iannone

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Similar Homes Nearby

Price drop
TriangleMLS
$729,900
5 bd
|
4 ba
|
2,902 sq ft
|
House

2034 Florine Drive, Apex, NC 27502

TriangleMLS
$701,000
5 bd
|
4 ba
|
3,143 sq ft
|
House

3441 Jordan Manors Drive, New Hill, NC 27562

Pending
TriangleMLS
$815,000
5 bd
|
4 ba
|
3,758 sq ft
|
House

2716 Bushy Lake Cove, Apex, NC 27502

Status: Pending/Under Contract

Tomo last checked: 01/22/2025 at 10:20 PM

Listing updated: 01/19/2025 at 12:45 PM

Listed by: Alli Pepperling, Compass -- Cary Phone #: (919) 769-1956

MLS: TriangleMLS #10070757

TriangleMLS logo

Recently listed in Apex

$459,900|3 bd|2.5 ba|House
$1,750,000|3 bd|3.0 ba|House
$579,500|3 bd|3.0 ba|Townhouse
$395,000|3 bd|2.5 ba|Townhouse
$354,000|2 bd|2.5 ba|Townhouse
$590,000|3 bd|2.5 ba|Townhouse
$410,000|3 bd|2.0 ba|House
$525,000|4 bd|2.5 ba|House