NOT LISTED FOR SALE

1023 Freeport Dr Cary, NC 27519

Twin Lakes Neighborhood

Estimated Value: $379,871 - $408,000

2 Beds
2.5 Baths
1,805 Sq Ft
$217/Sq Ft Est. Value

Last Sold May 04, 2021

Last sale price $297,000 $165 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $2,513/month

Highlights

  • Clubhouse
  • Traditional Architecture
  • Loft
  • Cedar Fork Elementary Rated A
  • Cathedral Ceiling
  • Community Pool

About This Home

As of May 2021

INVESTORS DREAM!! This property already has a tenant in the unit! Location, location! Right in the middle of Cary!! Bright, open floor plan with hardwoods on the 1st floor. Large Kitchen with plenty of storage and workspace. SS appliances, Refrig, Washer/Dryer included. Large loft, can be used as a sep office area. atio, outside storage,Community pool/tennis/club house, Close to shopping, New Wegman's, restaurants, RTP, RDU, I40/540.

Last Agent to Sell the Property

Cynthia Quarantello

Real Broker LLC License #267569 Listed on: 04/09/2021

Real Broker LLC

Last Buyer's Agent

Cynthia Quarantello

Keller Williams Realty Cary

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,404

Year Built

  • Built in 2006

Lot Details

  • 1,307 Sq Ft Lot
  • Landscaped

HOA Fees

Parking

  • Parking Lot

Home Design

  • Traditional Architecture
  • Slab Foundation

Interior Spaces

  • 1,805 Sq Ft Home
  • 2-Story Property
  • Smooth Ceilings
  • Cathedral Ceiling
  • Ceiling Fan
  • Insulated Windows
  • Entrance Foyer
  • Family Room
  • Combination Kitchen and Dining Room
  • Loft
  • Storage
  • Laundry on upper level
  • Pull Down Stairs to Attic

Kitchen

  • Self-Cleaning Oven
  • Electric Range
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Separate Shower in Primary Bathroom
  • Separate Shower

Home Security

Outdoor Features

  • Patio
  • Rain Gutters
  • Porch

Schools

  • Cedar Fork Elementary School
  • West Cary Middle School
  • Panther Creek High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

Overview

  • Association fees include maintenance structure
  • Elite Management Association
  • Twin Lakes Subdivision

Recreation

  • Community Pool

Additional Features

  • Clubhouse
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,404

Year Built

Built in 2006

Lot Details

0

HOA Fees

$202 per month

Listing Details

  • Year Built: 2006
  • Prop. Type: Residential
  • Reso Association Fee Includes: Maintenance Structure
  • Subdivision Name: Twin Lakes
  • Above Grade Finished Sq Ft: 1805.0
  • Architectural Style: Traditional
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Contract Information Ownership Type: Townhouse
  • General Property Information Lot Size Dimensions: See Plot Map
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Association Fee 2 Required YN: Yes
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: No
  • Appliances Microwave: Yes
  • Attic Features Pull-Down Stairs: Yes
  • Cooling Central Air: Yes
  • Foundation Details Slab: Yes
  • Interior Features KitchenDining Room Combination: Yes
  • Security Features Smoke Detector(s): Yes
  • Sewer:Public Sewer: Yes
  • Structure Type Site Built: Yes
  • Water Source Public: Yes
  • Flooring Carpet: Yes
  • Interior Features Separate Shower: Yes
  • Interior Features Smooth Ceilings: Yes
  • Levels Two: Yes
  • Room Types Bedroom 2 Level: 2
  • Room Types Dining Room2: Yes
  • Room Types Family Room2: Yes
  • Architectural Style Traditional: Yes
  • Room Types Primary Bedroom Level: 2
  • Flooring Vinyl: Yes
  • Laundry Features Upper Level: Yes
  • Room Types Loft: Yes
  • Utilities Cable Available: Yes
  • Pool Features Swimming Pool ComFee: Yes
  • Flooring Laminate: Yes
  • General Property Information Association Name 2: Elite Management
  • General Property Information Above Grade Finished Area: 1805.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 1306.8
  • General Property Information Lot Size Acres: 0.03
  • General Property Information:Living Area3: 1805.0
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Flooring: Carpet, Laminate, Vinyl
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fan(s), Entrance Foyer, High Ceilings, High Speed Internet, Kitchen/Dining Room Combination, Separate Shower, Smooth Ceilings, Storage, Walk-In Shower
  • Appliances: Dishwasher, Electric Range, Gas Water Heater, Microwave, Plumbed For Ice Maker, Self Cleaning Oven
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Appliances Dishwasher: Yes
  • Appliances:Plumbed For Ice Maker: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Interior Features:Entrance Foyer: Yes
  • Interior Features:High Ceilings: Yes
  • Interior Features:Walk-In Shower: Yes
  • Interior Features:Storage3: Yes
  • Appliances:Electric Range: Yes
  • Appliances:Gas Water Heater: Yes
  • Appliances:Self Cleaning Oven: Yes
  • Interior Features:Cathedral Ceiling(s): Yes
  • Interior Features:High Speed Internet: Yes

Exterior Features

  • Exterior Features: Rain Gutters
  • Acres: 0.03
  • Construction Type: Fiber Cement
  • Foundation Details: Slab
  • Patio And Porch Features: Patio, Porch
  • Construction Materials:Fiber Cement: Yes
  • Exterior Features:Rain Gutters: Yes
  • Lot Features:Landscaped: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Patio: Yes
  • Window Features:Insulated Windows: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Parking Lot
  • Parking Features:Parking Lot: Yes

Utilities

  • Utilities: Cable Available
  • Heating: Forced Air, Natural Gas
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association #2 Fee: 210.0
  • Association #2 Fee Frequency: Quarterly
  • Association Fee: 132.0
  • Association Fee Frequency: Monthly
  • Association: Elite Management
  • Association Name: Elite Management
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: Elite Management
  • Association Amenities:Pool: Yes
  • Association Fee Includes:Maintenance Structure2: Yes
  • Association Amenities:Clubhouse: Yes
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 132.0
  • General Property Information:Association Fee Frequency: Monthly
  • General Property Information:Association Fee 2: 210.0
  • General Property Information:Association Fee 2 Frequency: Quarterly

Schools

  • Ninth Grade High School: Wake - Panther Creek
  • Middle Or Junior School: Wake - West Cary

Lot Info

  • Zoning: RMFP
  • Lot Dimensions: See Plot Map
  • Lot Size Sq Ft: 1306.8
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2404.0
  • Tax Year: 2020

MLS Schools

  • Elementary School: Wake - Cedar Fork

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 26, 2022
Sold by
Thalla Rajeev and Thalla Sowmya
Bought by
Thalla Living Trust
Current Estimated Value
$391,968

Purchase Details

Listed on
Apr 9, 2021
Closed on
May 4, 2021
Sold by
Sukhija Kamal and Sukhija Ritu
Bought by
Thalla Rajeev and Thalla Rajeev Sowmya
Seller's Agent
Cynthia Quarantello
Real Broker LLC
Buyer's Agent
Cynthia Quarantello
Real Broker LLC
Sold Price
$297,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.04%
Original Mortgage
$222,750
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 12, 2012
Sold by
Duke Christopher M and Duke Lisa Hahne
Bought by
Sukhija Kamal and Sukhija Ritu

Purchase Details

Closed on
Nov 16, 2009
Sold by
Duke Lisa Hahne and Duke Christopher M
Bought by
Duke Lisa Hahne and Duke Christopher M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$173,375
Interest Rate
4.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 22, 2006
Sold by
Kb Home Raleigh Durham Inc
Bought by
Hahne Lisa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,773
Interest Rate
6.31%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Thalla Living Trust -- --
Thalla Rajeev $297,000 None Available
Sukhija Kamal $162,000 None Available
Duke Lisa Hahne -- None Available
Hahne Lisa M $179,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Thalla Rajeev $222,750
Previous Owner Duke Lisa Hahne $173,375
Previous Owner Hahne Lisa M $178,773
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/15/2023 12/15/23 Off Market $297,000 -- --
05/04/2021 05/04/21 Sold $297,000 -- $165 / Sq Ft
04/09/2021 04/09/21 Pending -- -- --
Source: Doorify MLS

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,268 $378,964 $90,000 $288,964
2024 $3,198 $378,964 $90,000 $288,964
Source: Public Records

Agents Affiliated with this Home

  • Cynthia Quarantello

    Seller's Agent in 2021

    Cynthia Quarantello

    Real Broker LLC

    (919) 830-9051

    2 in this area

    280 Total Sales

    Cynthia Quarantello
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Map

Source: Doorify MLS

MLS Number: 2376454

Doorify MLS

APN: 0745.01-47-6679-000

North Carolina Wake County Cary 27519 Twin Lakes

1023 Freeport Dr, Cary, NC

Not Listed for Sale

Townhouses

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