NOT LISTED FOR SALE

Estimated Value: $624,000 - $754,000

-- Bed
3 Baths
3,456 Sq Ft
$199/Sq Ft Est. Value

Last Sold August 08, 2022

Last sale price $630,000 $182 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $4,047/month

8 Days on Market

Highlights

  • Wooded Lot
  • Luxury Vinyl Tile Flooring
  • Forced Air Heating and Cooling System
  • Turner Creek Elementary School Rated A-

About This Home

As of August 2022

Excellent opportunity to purchase well-maintained townhome style triplex in Cary! Fully-occupied with great rental history - Apt 113-$975/mo (MTM – tenants since 2011); Apt 115-$1050/mo (10/31/22); Apt 117-$1200/mo (10/31/22). Roof replaced in 2015; Apt 115 and Apt 117 were renovated with all new appliances, counters, bathroom upgrades and new flooring (LVP in downstairs of Apt 115) in 2021 & 2020, respectively; and all decks were replaced in 2021.

Last Agent to Sell the Property

Diane Murdock

Raleigh Investment Real Estate License #211785 Listed on: 06/21/2022

Last Buyer's Agent

Kevin Starkey

Compass -- Cary License #264988

Compass -- Cary

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,319

Year Built

  • Built in 1985

Lot Details

  • 0.43

Parking

  • Off-Street Parking

Home Design

  • Vinyl Siding

Flooring

  • Carpet
  • Luxury Vinyl Tile
  • Vinyl

Schools

  • Salem Middle School
  • Cary High School

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System

Additional Features

  • Crawl Space
  • Wooded Lot

Community Details

  • 3 Units
  • Strathmore Subdivision

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,319

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Year Built: 1985
  • Prop. Type: Residential Income
  • Subdivision Name: Strathmore
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Cooling Central Air: Yes
  • Flooring Luxury Vinyl: Yes
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • Flooring Carpet: Yes
  • Flooring Vinyl: Yes
  • 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, Luxury Vinyl, Vinyl
  • Basement: Crawl Space
  • Basement:Crawl Space: Yes

Exterior Features

  • Construction Type: Vinyl Siding
  • Lot Features:Wooded: Yes
  • Construction Materials:Vinyl Siding: Yes

Garage/Parking

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

Utilities

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

Schools

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

Rental Info

  • Owner Pays: None

Tax Info

  • Tax Annual Amount: 3319.0

Multi Family

  • Number Of Units Total: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 21, 2022
Closed on
Aug 8, 2022
Sold by
Moore Iii William H and Moore Stephanie K
Bought by
Claxton Tyler and Haack Erica
Seller's Agent
Diane Murdock
Raleigh Investment Real Estate
Buyer's Agent
Kevin Starkey
Compass -- Cary
List Price
$630,000
Sold Price
$630,000
Current Estimated Value
$689,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$59,333
Avg. Annual Appreciation
2.68%
Original Mortgage
$535,500
Outstanding Balance
$503,143
Interest Rate
5.81%
Mortgage Type
New Conventional
Estimated Equity
$186,190

Purchase Details

Closed on
Mar 3, 2004
Sold by
Cli Inc
Bought by
Live & Learn Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$181,500
Interest Rate
4.18%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 11, 1999
Sold by
Watsons Leasing Inc
Bought by
Cli Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
6.94%

Purchase Details

Closed on
Jun 11, 1998
Sold by
Jones E Richard and Jones Ellen H
Bought by
Watsons Leasing Inc
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
Claxton Tyler $630,000 None Listed On Document
Live & Learn Holdings Llc $245,000 --
Cli Inc $275,000 --
Watsons Leasing Inc $148,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Claxton Tyler $535,500
Previous Owner Live & Learn Holdings Llc $181,500
Previous Owner Cli Inc $220,000
Closed Cli Inc $65,000
Closed Live & Learn Holdings Llc $24,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/14/2023 12/14/23 Off Market $630,000 -- --
08/08/2022 08/08/22 Sold $630,000 0.0% $182 / Sq Ft
06/29/2022 06/29/22 Pending -- -- --
06/21/2022 06/21/22 For Sale $630,000 -- $182 / 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
2025 $5,351 $617,323 $200,000 $417,323
2024 $5,236 $617,323 $200,000 $417,323
2023 $3,850 $378,220 $75,000 $303,220
2022 $3,387 $344,899 $75,000 $269,899
2021 $3,319 $344,899 $75,000 $269,899
2020 $3,337 $344,899 $75,000 $269,899
2019 $2,680 $244,698 $46,000 $198,698
2018 $2,518 $244,698 $46,000 $198,698
2017 $2,421 $244,698 $46,000 $198,698
2016 $2,386 $244,698 $46,000 $198,698
2015 $2,700 $268,152 $46,000 $222,152
2014 -- $268,152 $46,000 $222,152
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2457199

Doorify MLS

APN: 0753.12-97-4395-000