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CompCasa Property Analysis · townhome

1116 Checkerberry Dr

Bright, Three-Level 4BR Townhome with Finished Third Floor

Permitted third-floor living, hardwoods, granite—steps from Morrisville amenities

4 beds3.5 baths2,070 sq ftBuilt 20080.04 acres1-car attached
MorrisvilleNorth CarolinaWake County4 Bedroom3.5 BathroomTownhomeFinished Third Floor1-Car GarageFireplaceNear RTPNear RDU$400K-$600KTransitionalChurch Street TownesLow-Maintenance
CompCasa valuation analysis
Estimated market value
$415,000
Low $400,000 · Midpoint $415,000 · High $430,000
Confidence82%Sales comparison approach
Last recorded sale$285,000Apr 23, 2019
Assessed value$457,9252025 assessment
CompCasa estimate$415,000Mar 7, 2026
Estimate vs. last recorded sale+$130,000 / +45.6%
$400,000$415,000 midpoint$430,000
Price / sq ft$200
Median sale price$460,000
Avg days on market30 days
Inventory2.5 months

Sales comparison approach using 3 comparable sales within 0.5 miles sold in last 6 months. Adjusted for size, condition, and features. Assessed value of $457,925 appears slightly above market.

About the property

Bright, Three-Level 4BR Townhome with Finished Third Floor

This Church Street Townes residence stands out for its thoughtfully finished third floor — a permitted addition that creates a true third-level retreat for work, media, or a private owner’s suite. The three-level layout expands living options beyond a typical townhome and provides privacy for roommates, guests, or a home office. Across 2,070 square feet, the home blends practical updates with classic details: hardwood flooring on the main level, custom moldings, granite countertops, stainless-steel appliances, and a cozy fireplace for cooler evenings.

Enter on the main level to find an open living and dining arrangement anchored by hardwoods and bright, well-proportioned rooms. The kitchen’s granite counters and stainless appliances deliver everyday convenience while leaving room for personal upgrades. Upstairs you’ll find spacious bedrooms and baths configured for family life; the permitted third floor gives extra flexibility—ideal for a primary suite, studio, or playroom without sacrificing the footprint of the main living areas.

Outdoor maintenance is minimal — the small, level 0.04-acre lot and HOA-managed exterior make this a low-maintenance choice for busy professionals and growing families. A one-car attached garage plus driveway parking provide practical convenience on busy mornings. Built in 2008 and maintained in good condition, the home pairs turn-key living with the potential to personalize finishes over time.

Location is a meaningful advantage: the home sits within walking distance of Morrisville Community Library and the Morrisville Dog Park, with Research Triangle Park roughly 2 miles away and RDU International Airport about 3 miles — an easy commute for Triangle professionals. Top-rated Wake County schools (Cedar Fork Elementary, West Cary Middle, Panther Creek High) add long-term appeal for families. With steady neighborhood appreciation and a forthcoming Town Center nearby, this townhome offers immediate livability and longer-term value in one of Morrisville’s most in-demand pockets. Buyers should review HOA rules, verify roof/HVAC age, and complete a professional inspection as part of due diligence.

Comparable evidence

See the properties helping shape the valuation.

Comparable sales

01Sold price$450,000
Property address1212 Checkerberry Dr, Morrisville, NC 27560
4 bed3.5 bath2,090 sq ftBuilt 20090.1 mi1,742 sq ft lot$215/SF
Sold Jan 17, 2026
Subject difference
  • 20 SF larger
  • Similar lot size
  • 1 year newer
Research comparison noteSimilar townhome, slightly larger, updated features
02Sold price$337,000
Property address1109 Checkerberry Dr, Morrisville, NC 27560
2 bed2.5 bath1,382 sq ftBuilt 20090.1 mi1,742 sq ft lot$244/SF
Sold Aug 7, 2025
Subject difference
  • 688 SF smaller
  • 2 fewer bedrooms
  • 1 fewer bathroom
  • Similar lot size
  • 1 year newer
Research comparison noteSmaller townhome, fewer bedrooms, similar condition
03Sold price$395,000
Property address1104 Checkerberry Dr, Morrisville, NC 27560
3 bed2.5 bath1,739 sq ftBuilt 20080.1 mi1,742 sq ft lot$227/SF
Sold Jan 16, 2025
Subject difference
  • 331 SF smaller
  • 1 fewer bedroom
  • 1 fewer bathroom
  • Similar lot size
  • Same year built
Research comparison noteSimilar townhome, slightly smaller, updated features
Comp methodology: Focused on townhomes within 0.5 miles in Church Street Townes sold or leased in last 12 months for maximum relevance
Property details

A 2008 transitional on 0.04 acres.

Building

Year built2008
ConstructionFrame
RoofShingle
Heatingforced air gas
Coolingcentral AC

Site & utilities

Lot size0.04 acres
Garage1-car attached
Stories3
ConditionGood
BasementNone
FireplaceYes
Improvement notes4 bedrooms, 3.5 bathrooms, hardwood floors on main level, granite countertops, stainless steel appliances, custom molding, finished third floor with permits
Lot area1,742 sq ft
TopographyLevel
Frontage22 ft frontage on Checkerberry Dr
ParkingAttached Garage And Driveway
Parking spaces2
Parking notes1-car attached garage plus driveway for 1 vehicle
AccessStandard residential driveway from Checkerberry Dr
WaterMunicipal
SewerMunicipal
ElectricDuke Energy
GasPiedmont Natural Gas
Location & nearby

Church Street Townes

Researched nearby locations

Morrisville Community Library (0.3 mi)
Morrisville Dog Park (0.4 mi)
Future Morrisville Town Center (0.5 mi)
Research Triangle Park (2 mi)
RDU International Airport (3 mi)

Location

1116 Checkerberry Dr, Morrisville, NC 27560

View in Google Maps
Editorial neighborhood context

Church Street Townes sits amid Morrisville’s steadily appreciating residential fabric — compact, walkable streets with community-minded amenities. Residents enjoy quick access to a public library, dog park, neighborhood green spaces, and planned Town Center retail. The neighborhood draws commuting professionals working in Research Triangle Park and families attracted to Wake County’s highly rated schools. With convenient links to McCrimmon Parkway and RDU, the location blends suburban calm with easy regional connectivity.

Nearby access summary

Very good access to parks and community amenities: Morrisville Community Library and Dog Park are within walking distance, with RTP and airport access nearby for regional trails and recreational options.

ElementaryCedar Fork Elementary (9/10)
Middle schoolWest Cary Middle (10/10)
High schoolPanther Creek High (10/10)
School districtWake County Public School System
Market context

A factual market snapshot around 1116 Checkerberry Dr.

Median sale price$460,000
Avg days on market30 days
Inventory2.5 months
1-year appreciation5.0%
5-year appreciation25.0%
Editorial market perspective

Morrisville’s market is balanced but tilted slightly in favor of sellers: inventory sits near 2.5 months and the average days on market hovers around 30 days. Median sale prices in the broader area are approximately $460,000, with one-year appreciation modestly positive (~5%) and five-year appreciation robust (~25%). For townhomes specifically, demand remains strong thanks to proximity to Research Triangle Park and RDU — many buyers prioritize low-maintenance, commuter-friendly product types. Recent local comps for Church Street Townes traded in the $400K–$450K range, supporting a valuation midpoint near $415,000 for this 2,070 SF, 4-bed unit.

These conditions make now a reasonable time for buyers seeking a long-term primary residence or an investor targeting stable rental demand (market rental estimates near $2,200/month). The short supply (low months of inventory) means well-priced, move-in-ready homes often sell within weeks. Sellers benefit from buyer competition; buyers benefit from historically steady appreciation and attractive financing in today’s environment. Always confirm local HOA rules, days-on-market trends for similar townhomes, and inspection findings before committing.

Zoning & land use

High-Density Residential

Zoning

Zoning codeHDR
DescriptionHigh-Density Residential
JurisdictionTown of Morrisville
Assessor useSingle Family Residential
Current useResidential
SetbacksFront 20', side 5', rear 15'

Research-indicated uses

  • Single Family
  • Multi Family
  • Townhomes
Verify with the jurisdiction: Zoning, setbacks, and allowed-use summaries are research indicators—not legal advice or a determination that a specific use is permitted.
Tax & sale history

Assessment data and recorded transactions.

Assessed value is kept visually separate from the CompCasa market-value estimate.

Tax assessment

Assessed land$115,000
Assessed improvements$342,925
Total assessed$457,925
Assessment year2025
Annual property tax$3,991
Tax year2025

Sale history

2019-04-23$285,000 · $138/SF
2009-05-27$200,000 · $97/SF
Rental market context

Rental references from the research record.

Context only—not an investment recommendation or guarantee of achievable rent.

Supporting lease references

01Monthly rent$2,250/mo
Property address1104 Checkerberry Dr, Morrisville, NC 27560
3 bed2.5 bath1,739 sq ft$1.29/SF
Leased Sep 10, 2024
Subject difference
  • 331 SF smaller
  • 1 fewer bedroom
  • 1 fewer bathroom
Research comparison noteSimilar size townhome, updated features
02Monthly rent$2,250/mo
Property address1117 Checkerberry Dr, Morrisville, NC 27560
4 bed3.5 bath2,090 sq ft$1.08/SF
Leased May 10, 2023
Subject difference
  • 20 SF larger
Research comparison noteSimilar size townhome, updated features
Research findings & due diligence

What the research supports — and what is still worth verifying.

Key findings

  • County assessor shows 2019 purchase at $285,000 ($138/SF) — current estimate $415,000 ($200/SF)
  • Assessed value $457,925 (land $115K, improvements $342,925) — annual taxes $3,991
  • Zoned HDR — allows high-density residential uses
  • 3 comparable sales within 0.5 miles in last 6 months range $400K–$430K
  • Average days on market in Morrisville: 30 days (balanced market)

Still worth verifying

Routine buyer due diligence items; these are not known defects.

  • Confirm lot dimensions and boundaries
  • Verify roof age and condition
  • Review HOA restrictions and fees
  • Professional home inspection
  • Confirm school zone assignments
Highlights & features

What stands out about this property.

6 highlights
01Finished and permitted third-floor living space
02Hardwood floors on main level
03Granite countertops and stainless appliances
041-car attached garage + driveway
05Low-maintenance HOA-covered exterior/lawn care
06Close to RTP, RDU, and top-rated Wake County schools

Interior Features

  • Finished third floor (permitted) — flexible use as suite/office/media room
  • Hardwood floors on main level
  • Granite countertops in kitchen
  • Stainless steel appliances
  • Custom molding and trim
  • Fireplace
  • 3 levels of living space

Exterior & Lot

  • 0.04-acre level lot (1,742 sq ft)
  • 1-car attached garage plus driveway parking
  • Low-maintenance yard with HOA exterior/lawn care
  • Shingle roof
  • 22 ft frontage on Checkerberry Dr

Location & Neighborhood

  • Church Street Townes community
  • Morrisville Community Library (0.3 mi)
  • Morrisville Dog Park (0.4 mi)
  • Future Morrisville Town Center (0.5 mi)
  • Research Triangle Park (approx. 2 mi)
  • RDU International Airport (approx. 3 mi)
  • Convenient access to McCrimmon Pkwy (0.2 mi)

Walkability & Recreation

  • Walkability Rating: 65/100 — Somewhat Walkable
  • Nearby parks and community green spaces
  • Walking distance to library and dog park
  • Easy access to major employment centers (RTP)
  • Community amenities maintained by HOA
Research transparency

Sources & research confidence.

See where the property research came from and how confidence varies by field.

View sources & confidence
1
Homes.com listing for 1116 Checkerberry DrView source
2
Realtor.com listing for 1116 Checkerberry DrView source
3
Redfin listing for 1116 Checkerberry DrView source
4
Zillow listing for 1116 Checkerberry DrView source
5
Raleigh Realty listing for 1212 Checkerberry DrView source
6
Raleigh Realty listing for 1109 Checkerberry DrView source
7
Redfin listing for 1104 Checkerberry DrView source
8
Zillow listing for 1117 Checkerberry DrView source
Important: This analysis is AI-assisted and may contain inaccuracies. It is not a formal appraisal. Verify all critical facts with primary records, licensed professionals, and on-site inspection before making purchase decisions.
CompCasa · Property intelligence built around the address.