NOT LISTED FOR SALE

Estimated Value: $648,000 - $791,000

Studio
3 Baths
3,482 Sq Ft
$205/Sq Ft Est. Value

Last Sold October 12, 2021

Last sale price $591,000 $170 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $4,161/month

5 Days on Market

Highlights

  • Fireplace
  • Landscaped with Trees
  • Forced Air Heating and Cooling System
  • Turner Creek Elementary School Rated A-
  • Luxury Vinyl Tile Flooring
  • Wood Siding

About This Home

As of October 2021

Great rental investment opportunity. Triplex located in the heart of Cary. Exterior siding has been replaced and painted. Deck has been replaced. Roof replaced in 2013. HVAC UNITs 109 & 111 HVAC units replaced in 2021. Unit 107 has Luxury Vinyl Plank, kitchen updated & bath countertops installed in 2019. Unit 111 has new LVP flooring and carpet installed 2021. & Great location, close to shopping, restaurants and schools. Seller is doing a 1031 Tax exchange.

Last Agent to Sell the Property

Brian Wolborsky

Howard Hanna Allen Tate Raleigh Falls of Neuse License #191762 Listed on: 08/25/2021

Howard Hanna Allen Tate Raleigh Falls of Neuse

Last Buyer's Agent

Franchelle Stevens

Stevens Realty & Relocation License #237960

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,195

Year Built

  • Built in 1981

Parking

  • Off-Street Parking

Home Design

  • Slab Foundation
  • Wood Siding
  • Masonite

Interior Spaces

  • Fireplace
  • Crawl Space

Flooring

  • Carpet
  • Laminate
  • Luxury Vinyl Tile
  • Vinyl

Schools

  • Salem Middle School
  • Cary High School

Additional Features

  • Landscaped with Trees
  • Forced Air Heating and Cooling System

Community Details

  • 3 Units
  • Strathmore Subdivision

Listing and Financial Details

  • 3 Month Lease Term

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,195

Year Built

Built in 1981

Lot Details

0 Sq Ft Lot

Listing Details

  • Year Built: 1981
  • Prop. Type: Residential Income
  • Subdivision Name: Strathmore
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • General Property Information Fireplace YN: Yes
  • Cooling Central Air: Yes
  • Flooring Luxury Vinyl: Yes
  • Foundation Details Slab: Yes
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • Flooring Carpet: Yes
  • Lot Features Hardwood Trees: Yes
  • Flooring Vinyl: Yes
  • Remarks and Miscellaneous Syndication Remarks2: Great rental investment opportunity. Triplex located in the heart of Cary. Exterior siding has been replaced and painted. Deck has been replaced. Roof replaced in 2013. HVAC UNITs 109 & 111 HVAC units replaced in 2021. Unit 107 has Luxury Vinyl Plank, kitchen updated & bath countertops installed in 2019. Unit 111 has new LVP flooring and carpet installed 2021. & Great location, close to shopping, restaurants and schools. Seller is doing a 1031 Tax exchange.
  • General Property Information Senior Community YN: No
  • Flooring Laminate: Yes
  • Contract Information Lease Term: 3 To 6 Months
  • General Property Information Carport YN: No
  • General Property Information Number Of Units Total3: 3.0
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Laminate, Luxury Vinyl, Vinyl
  • Basement: Crawl Space
  • Basement:Crawl Space: Yes

Exterior Features

  • Construction Type: Fiber Cement, Masonite, Wood Siding
  • Foundation Details: Slab
  • Construction Materials:Fiber Cement: Yes
  • Construction Materials:Masonite: Yes
  • Construction Materials:Wood Siding: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Off Street
  • Parking Features:Off Street: Yes

Utilities

  • Heating: Electric, Forced Air
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Electric4: Yes
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Ninth Grade High School: Wake - Cary
  • Middle Or Junior School: Wake - Salem

Lot Info

  • Zoning: RMF

Rental Info

  • Lease Term: 3 To 6 Months
  • Owner Pays: None

Tax Info

  • Tax Annual Amount: 3195.0
  • Tax Year: 2021
  • Tax Map Number: 07799/0481

Multi Family

  • Number Of Units Total: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 2, 2022
Sold by
Daniel Devito Christopher and Daniel Alan
Bought by
Triangle Re Llc
Current Estimated Value
$712,638

Purchase Details

Listed on
Aug 25, 2021
Closed on
Oct 12, 2021
Sold by
Jasper Pamela V
Bought by
Devito Christopher Daniel and Devito Alana
Seller's Agent
Brian Wolborsky
Howard Hanna Allen Tate Raleigh Falls of Neuse
Buyer's Agent
Franchelle Stevens
Stevens Realty & Relocation
List Price
$575,000
Sold Price
$591,000
Premium/Discount to List
$16,000
2.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.31%
Original Mortgage
$443,250
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 12, 1997
Sold by
Lewis Angela V and Lewis Robert H
Bought by
Jasper Pamela Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,000
Interest Rate
7.19%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Triangle Re Llc -- Law Office Of Jonathan Richard
Devito Christopher Daniel $591,000 Ntc
Jasper Pamela Y $210,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Devito Christopher Daniel $443,250
Previous Owner Jasper Pamela Y $189,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/18/2023 12/18/23 Off Market $591,000 -- --
10/12/2021 10/12/21 Sold $591,000 +2.8% $170 / Sq Ft
08/30/2021 08/30/21 Pending -- -- --
08/25/2021 08/25/21 For Sale $575,000 -- $165 / Sq Ft
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 $4,957 $571,370 $200,000 $371,370
2024 $4,851 $571,370 $200,000 $371,370
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2403909

Doorify MLS

APN: 0753.12-97-3385-000

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