NOT LISTED FOR SALE

111 Cherry Hill Ln Cary, NC 27518

Lochmere Neighborhood

Estimated Value: $511,000 - $618,320

3 Beds
3 Baths
1,931 Sq Ft
$298/Sq Ft Est. Value

Last Sold February 09, 2023

Last sale price $520,000 $269 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $3,525/month

4 Days on Market

Highlights

  • Tennis Courts
  • Traditional Architecture
  • Attic
  • Clubhouse
  • Main Floor Primary Bedroom
  • Screened Porch

About This Home

As of February 2023

Highly sought after, move in ready Lochmere home in Cary. Freshly painted interior and exterior with new quartz countertops in kitchen and newly upgraded stainless steel appliances. First floor boast luxury vinyl wide plank flooring throughout, including master suite, second bedroom, bathroom, and laundry room. Upper floor has large third bedroom with walk-in closet and full bathroom. Home has wonderful storage and two-car garage. Enjoy the North Carolina weather on the screened in porch overlooking fenced back yard. Community pool, tennis, walking trails, Hemlock Bluffs Nature Preserve, shopping, and hospital all within minutes of front door. HOA maintains front yard landscaping.

Last Agent to Sell the Property

Gina Jiampetti

Allen Tate/Apex-Center Street License #274757 Listed on: 01/06/2023

Allen Tate/Apex-Center Street

Co-Listed By

AnnMarie Janni

Allen Tate/Apex-Center Street License #214283

Last Buyer's Agent

Kenna Phillips

BRAKEN LLC License #270551

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,421

Year Built

  • Built in 1997

Lot Details

  • 6,970 Sq Ft Lot
  • Landscaped with Trees
  • Property is zoned TRP

HOA Fees

Parking

  • 2 Car Garage
  • Private Driveway

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Cedar

Interior Spaces

  • 1,931 Sq Ft Home
  • 1.5-Story Property
  • Gas Fireplace
  • Entrance Foyer
  • Family Room
  • Breakfast Room
  • Screened Porch
  • Utility Room
  • Attic Floors

Kitchen

  • Self-Cleaning Oven
  • Microwave
  • Dishwasher
  • Tile Countertops

Flooring

  • Carpet
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • 3 Full Bathrooms
  • Separate Shower in Primary Bathroom
  • Soaking Tub
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Tennis Courts
  • Rain Gutters

Schools

  • Dillard Elementary And Middle School
  • Athens Dr High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Electric Water Heater

Community Details

Overview

  • Association fees include ground maintenance
  • Lochmere Association
  • Fairwinds Association
  • Lochmere Subdivision

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,421

Year Built

Built in 1997

Lot Details

0

HOA Fees

$109 per month

Parking

2

Listing Details

  • Year Built: 1997
  • Prop. Type: Residential
  • Reso Association Fee Includes: Maintenance Grounds
  • Co List Office Mls Id: 80913
  • Co List Office Phone: 919-389-9782
  • Subdivision Name: Lochmere
  • Above Grade Finished Sq Ft: 1931.0
  • Architectural Style: Traditional
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One and One Half
  • New Construction: No
  • Contract Information Ownership Type: Other
  • General Property Information Lot Size Dimensions: See Survey
  • 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: Yes
  • Appliances Microwave: Yes
  • Cooling Central Air: Yes
  • Flooring Luxury Vinyl: Yes
  • Foundation Details Slab: Yes
  • Laundry Features Laundry Room: Yes
  • Laundry Features Main Level: Yes
  • Sewer:Public Sewer: Yes
  • Structure Type Site Built: Yes
  • Water Source Public: Yes
  • Flooring Carpet: Yes
  • Interior Features Separate Shower: Yes
  • Lot Features Hardwood Trees: Yes
  • Room Types Bedroom 2 Level: M
  • Room Types Bedroom 3 Level: 2
  • Room Types Family Room2: Yes
  • Architectural Style Traditional: Yes
  • Room Types Primary Bedroom Level: M
  • Room Types Utility Room: Yes
  • Appliances Refrigerators: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Room Types Breakfast Room: Yes
  • General Property Information Senior Community YN: No
  • Levels One and One Half: Yes
  • General Property Information Association Name 2: Fairwinds Association
  • General Property Information Above Grade Finished Area: 1931.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 6969.6
  • General Property Information Lot Size Acres: 0.16
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Luxury Vinyl
  • Interior Amenities: Entrance Foyer, Primary Downstairs, Separate Shower, Soaking Tub, Tile Counters, Walk-In Shower
  • Appliances: Dishwasher, Dryer, Electric Water Heater, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Basement YN: No
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Gas
  • Fireplaces: 1
  • Total Bedrooms: 9
  • Appliances Dishwasher: Yes
  • Community Features:Playground2: Yes
  • Community Features:Pool2: Yes
  • Interior Features:Entrance Foyer: Yes
  • Interior Features:Primary Downstairs: Yes
  • Interior Features:Walk-In Shower: Yes
  • Appliances:Electric Water Heater: Yes
  • Interior Features:Soaking Tub: Yes
  • Appliances:Self Cleaning Oven: Yes
  • Fireplace Features:Gas4: Yes
  • Interior Features:Tile Counters: Yes
  • Attic Features:Floored: Yes
  • Attic Features:Walk-In Attic: Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Exterior Features: Rain Gutters, Tennis Court(s)
  • Acres: 0.16
  • Construction Type: Cedar
  • Foundation Details: Slab
  • Patio And Porch Features: Enclosed, Porch, Screened
  • Exterior Features:Rain Gutters: Yes
  • Lot Features:Landscaped: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Screened: Yes
  • Patio And Porch Features:Enclosed2: Yes
  • Construction Materials:Cedar: Yes
  • Exterior Features:Tennis Court(s)3: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Concrete, Detached, Driveway, Garage
  • Parking Features:Attached: Yes
  • Parking Features:Garage: Yes
  • Parking Features:Concrete4: Yes
  • Parking Features:Driveway: Yes
  • Parking Features:Detached: Yes
  • General Property Information:Garage Spaces: 2.0

Utilities

  • 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

  • Community Features: Playground, Pool
  • Senior Community: No
  • Association #2 Fee: 300.0
  • Association #2 Fee Frequency: Semi-Annually
  • Association Fee: 711.0
  • Association Fee Frequency: Annually
  • Association: Fairwinds Association
  • Association Name: Lochmere Association
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: Lochmere Association
  • Association Amenities:Pool: Yes
  • Association Amenities:Trail(s): Yes
  • Association Fee Includes:Maintenance Grounds2: Yes
  • Association Amenities:Tennis Courts: Yes
  • Association Amenities:Clubhouse: Yes
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 711.0
  • General Property Information:Association Fee Frequency: Annually
  • General Property Information:Association Fee 2: 300.0
  • General Property Information:Association Fee 2 Frequency: Semi-Annually

Schools

  • Ninth Grade High School: Wake - Athens Dr
  • Middle Or Junior School: Wake - Dillard

Lot Info

  • Zoning: TRP
  • Lot Dimensions: See Survey
  • Lot Size Sq Ft: 6969.6
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3421.0
  • Tax Year: 2022

MLS Schools

  • Elementary School: Wake - Dillard

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 6, 2023
Closed on
Feb 9, 2023
Sold by
Greaves Cliffrord Sparrell and Greaves Louise Feng
Bought by
Clifford And Louise Greaves Living Trust
Seller's Agent
Gina Jiampetti
Allen Tate/Apex-Center Street
Buyer's Agent
Kenna Phillips
BRAKEN LLC
List Price
$495,000
Sold Price
$520,000
Premium/Discount to List
$25,000
5.05%
Views
73
Current Estimated Value
$575,080

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,080
Avg. Annual Appreciation
4.06%
Original Mortgage
$416,000
Outstanding Balance
$402,522
Interest Rate
5.75%
Mortgage Type
New Conventional
Estimated Equity
$172,558

Purchase Details

Listed on
Jan 6, 2023
Closed on
Feb 6, 2023
Sold by
Perriccio Carol H
Bought by
Greaves Clifford Sparrell and Greaves Louise Feng
Seller's Agent
Gina Jiampetti
Allen Tate/Apex-Center Street
Buyer's Agent
Kenna Phillips
BRAKEN LLC
List Price
$495,000
Sold Price
$520,000
Premium/Discount to List
$25,000
5.05%
Views
73

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$416,000
Outstanding Balance
$402,522
Interest Rate
5.75%
Mortgage Type
New Conventional
Estimated Equity
$172,558

Purchase Details

Closed on
Apr 29, 2020
Sold by
Thawley John A and Thawley Elizabeth
Bought by
Perriccio Carol H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 15, 2018
Sold by
Konigsberg James Louis and Tolbert H Konigsberg Revocable
Bought by
Thawley John A and Thawley Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 14, 2000
Sold by
Braswell Elizabeth Barnes and Braswell Brantly Brodt
Bought by
Tolbert H Konigsberg Revocable Trust and Konigsberg Tolbert H

Purchase Details

Closed on
Jan 23, 1998
Sold by
Paul Satterwhite Const Inc
Bought by
Barnes Anne Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
7.01%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Clifford And Louise Greaves Living Trust -- --
Greaves Clifford Sparrell $520,000 --
Perriccio Carol H $350,000 None Available
Thawley John A $320,000 None Available
Tolbert H Konigsberg Revocable Trust $210,000 --
Barnes Anne Elizabeth $190,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Greaves Clifford Sparrell $416,000
Previous Owner Perriccio Carol H $280,000
Previous Owner Thawley John A $288,000
Previous Owner Barnes Anne Elizabeth $40,000
Previous Owner Barnes Anne Elizabeth $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2023 12/15/23 Off Market $520,000 -- --
02/09/2023 02/09/23 Sold $520,000 +5.1% $269 / Sq Ft
01/10/2023 01/10/23 Pending -- -- --
01/06/2023 01/06/23 For Sale $495,000 -- $256 / Sq Ft
Source: Doorify MLS

Tax History Compared to Growth

Source: Public Records

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
2024 $4,370 $518,740 $195,000 $323,740
2023 $3,554 $352,658 $90,000 $262,658
2022 $3,421 $352,658 $90,000 $262,658
2021 $3,353 $352,658 $90,000 $262,658
2020 $3,370 $352,658 $90,000 $262,658
2019 $3,030 $281,100 $90,000 $191,100
2018 $0 $281,100 $90,000 $191,100
2017 $0 $281,100 $90,000 $191,100
2016 $2,692 $266,220 $81,000 $185,220
2015 -- $268,268 $81,000 $187,268
2014 -- $268,268 $81,000 $187,268
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Doorify MLS

MLS Number: 2489259

Doorify MLS

APN: 0761.08-89-7537-000