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.
Price Point
“Price Point” is a new N&O column aimed at offering a snapshot of the local real estate market. Each week, we'll tell you about three houses on the market that are roughly the same price but located in different parts of the Triangle. It will also highlight how prices — and what you get for the money — can vary greatly across the region.
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
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