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Sold for $433,000 on 05/19/23
  • $433,000

    501 Sutter Gate Ln, Morrisville, NC 27560

    3beds
    1,990sqft
    Townhouse, Residential
    Built in 2002
    -- sqft lot
    $409,400 Zestimate®
    $218/sqft
    $2,091 Estimated rent

    Home value

    $409,400

    $389,000 - $430,000

    $2,091/mo

    Zestimate® history
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    $2,504/mo

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    What's special

    Rare find! Beautifully updated end unit townhome in sought after Breckenridge. Get here before Apple’s campus does and values go up further! Updates include hardwood floors, granite counter tops in the kitchen, SS appliances, door knobs, and light fixtures. Ideal Open floor plan with gas fireplace in bright and airy living room. Two master bedrooms on the third floor, each with their own ensuite bathrooms and walk in closets with custom shelving. Third bedroom on the first floor would make a wonderful office with privacy. Relax on your sunny deck and enjoy garden space with generous corner lot. Location could not be better, close to community schools, walking trails and grocery/shopping. Great sense of community and wonderful HOA. Tennis courts, new pool, playground. HOA maintains lawn care.

    Zillow last checked: 8 hours ago

    Listing updated: October 27, 2025 at 04:54pm

    Listed by:

    Ariel Reed 919-824-5371,

    Keller Williams Elite Realty

    Bought with:

    Amy Wei, 294525

    CHK Realty

    Source: Doorify MLS,MLS#: 2502220MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 4
    • Full bathrooms: 2
    • 1/2 bathrooms: 2
    Heating
    • Forced Air, Natural Gas
    Cooling
    • Central Air
    Appliances
    • Included: Gas Water Heater
    Features
    • Entrance Foyer
    • Flooring: Carpet, Hardwood
    • Number of fireplaces: 1
    • Common walls with other units/homes: End Unit
    Interior area
    • Total structure area: 1,990
    • Total interior livable area: 1,990 sqft
    • Finished area above ground: 1,990
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 1
    • Parking features: Assigned, Garage
    • Garage spaces: 1
    Features
    • Levels: Three Or More
    • Stories: 3
    • Patio & porch: Deck
    • Has view: Yes
    Details
    • Parcel number: 0736812241

    Construction

    Type & style
    • Home type: Townhouse
    • Architectural style: Colonial, Traditional
    • Property subtype: Townhouse, Residential
    • Attached to another structure: Yes
    Materials
    • Brick Veneer
    Condition
    • New construction: No
    • Year built: 2002

    Community & neighborhood

    Location
    • Region: Morrisville
    • Subdivision: The Lake at Breckenridge

    HOA & financial

    HOA
    • Has HOA: Yes
    • HOA fee: $40 monthly
    • Amenities included: Clubhouse, Pool, Tennis Court(s)
    • Services included: Maintenance Grounds, Maintenance Structure
    Other financial information
    • Additional fee information: Second HOA Fee $77 Monthly

    Price history

    DateEventPrice
    5/1/2025Listing removed$2,200$1/sqft
    Source: Zillow Rentals
    3/11/2025Listed for rent$2,200+12.8%$1/sqft
    Source: Zillow Rentals
    5/25/2024Listing removed--
    Source: Zillow Rentals
    5/19/2024Listed for rent$1,950$1/sqft
    Source: Zillow Rentals
    8/5/2023Listing removed--
    Source: Zillow Rentals

    Public tax history

    YearProperty taxesTax assessment
    2025$3,737 +0.4%$428,623
    2024$3,721 +44.8%$428,623 +76%
    2023$2,570 +9.7%$243,596 +5.8%

    Find assessor info on the county website

    Neighborhood: 27560

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Wake - Parkside
    • Middle: Wake - Alston Ridge
    • High: Wake - Panther Creek

    Source: Doorify MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value

    $409,400

    Get a cash offer in 3 minutes

    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.

    Estimated market value

    $409,400