NOT LISTED FOR SALE

118 Covington Square Dr Cary, NC 27513

West Cary Neighborhood

Estimated Value: $501,000 - $704,000

4 Beds
2.5 Baths
2,535 Sq Ft
$235/Sq Ft Est. Value

Last Sold July 17, 2023

Last sale price $510,000 $201 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $3,912/month

25 Days on Market

Highlights

  • Transitional Architecture
  • Wood Flooring
  • Attic
  • Laurel Park Elementary Rated A
  • Whirlpool Bathtub
  • High Ceiling

About This Home

As of July 2023

Seller is motivated and terms are negotiable. Come see the grandest home on the street in sought-after MacArthur Park. Attractively priced factoring in upgrades that a buyer may wish to make to the existing kitchen. Yet still has new carpet, professionally refinished oak hardwood floors, new piping done with Town of Cary permit, and newer roof (2019). Very desirable Cary location in MacArthur Park. Formal study/office with beautiful built-in shelves/cabinetry, crown moulding, huge screened porch and separate grilling deck, fenced yard. Tankless water heater in garage. Dual stairways for convenience and safety. Walk-up attic for storage and potential future finished area. Walk-in closet in main suite, and one secondary bedroom. Don't delay, see this home before it's gone! Fourth bedroom is also bonus room.

Last Agent to Sell the Property

Keith Horil

Keith Horil, Broker License #237061 Listed on: 06/02/2023

Last Buyer's Agent

Erika Strahin

Choice Residential Real Estate License #290265

Choice Residential Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,810

Year Built

  • Built in 1993

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 100 x 73 x 93 x 74
  • Fenced Yard
  • Landscaped with Trees
  • Garden

HOA Fees

Parking

  • 2 Car Garage
  • Front Facing Garage
  • Private Driveway

Home Design

  • Transitional Architecture
  • Masonite

Interior Spaces

  • 2,535 Sq Ft Home
  • 2-Story Property
  • Bookcases
  • Tray Ceiling
  • High Ceiling
  • Ceiling Fan
  • Entrance Foyer
  • Living Room with Fireplace
  • Breakfast Room
  • Fire and Smoke Detector
  • Laundry on upper level

Kitchen

  • Built-In Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Double Vanity
  • Private Water Closet
  • Whirlpool Bathtub
  • Bathtub with Shower
  • Shower Only in Primary Bathroom
  • Walk-in Shower

Attic

  • Attic Fan
  • Attic Floors
  • Permanent Attic Stairs

Outdoor Features

  • Rain Gutters

Schools

  • Wake County Schools Elementary And Middle School
  • Wake County Schools High School

Utilities

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

Community Details

  • Association fees include unknown
  • Macarthur Park Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,810

Year Built

Built in 1993

Lot Details

0

HOA Fees

$14 per month

Parking

2

Listing Details

  • Year Built: 1993
  • Prop. Type: Residential
  • Road Frontage Type: Other
  • Reso Association Fee Includes: Unknown
  • Subdivision Name: MacArthur Park
  • Above Grade Finished Sq Ft: 2535.0
  • Architectural Style: Transitional
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Contract Information Ownership Type: Other
  • General Property Information Lot Size Dimensions: 100 x 73 x 93 x 74
  • 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
  • Wall Oven: Yes
  • Architectural Style Transitional: Yes
  • Cooling Attic Fan: Yes
  • Cooling Central Air: Yes
  • Interior Features BathtubShower Combination: Yes
  • Interior Features Water Closet: Yes
  • Security Features Smoke Detector(s): Yes
  • Sewer:Public Sewer: Yes
  • Structure Type Site Built: Yes
  • Water Source Public: Yes
  • Cooling Zoned: Yes
  • Flooring Carpet: Yes
  • Flooring Ceramic Tile: Yes
  • Flooring Hardwood: Yes
  • Interior Features Separate Shower: Yes
  • Levels Two: Yes
  • Lot Features Hardwood Trees: Yes
  • Laundry Features Upper Level: Yes
  • Room Types Breakfast Room: Yes
  • Flooring Wood: Yes
  • Interior Features Bathtub Only: Yes
  • Interior Features Shower Only: Yes
  • Laundry Features Laundry Closet: Yes
  • Flooring Laminate: Yes
  • General Property Information Above Grade Finished Area: 2535.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 7840.8
  • General Property Information Lot Size Acres: 0.18
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Ceramic Tile, Combination, Hardwood, Laminate, Wood
  • Interior Amenities: Bathtub Only, Bathtub/Shower Combination, Bookcases, Ceiling Fan(s), Double Vanity, Entrance Foyer, High Ceilings, Separate Shower, Shower Only, Soaking Tub, Tray Ceiling(s), Walk-In Shower, Water Closet, Whirlpool Tub
  • Appliances: Dishwasher, Electric Cooktop, Gas Water Heater, Microwave, Tankless Water Heater, Wall Oven
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Total Bedrooms: 9
  • Appliances Dishwasher: Yes
  • Appliances:Tankless Water Heater: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Interior Features:Double Vanity: Yes
  • Interior Features:Entrance Foyer: Yes
  • Interior Features:High Ceilings: Yes
  • Interior Features:Walk-In Shower: Yes
  • Interior Features:Tray Ceiling(s): Yes
  • Appliances:Electric Cooktop: Yes
  • Appliances:Gas Water Heater: Yes
  • Interior Features:Soaking Tub: Yes
  • Fireplace Features:Living Room: Yes
  • Interior Features:Bookcases: Yes
  • Attic Features:Floored: Yes
  • Interior Features:Whirlpool Tub: Yes
  • Attic Features:Walk-In Attic: Yes
  • Attic Features:Permanent Stairs: Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Exterior Features: Fenced Yard, Rain Gutters
  • Acres: 0.18
  • Construction Type: Masonite
  • Exterior Features:Rain Gutters: Yes
  • Exterior Features:Fenced - Yard: Yes
  • Lot Features:Garden2: Yes
  • Construction Materials:Masonite: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Concrete, Driveway, Garage, Garage Faces Front
  • Parking Features:Garage: Yes
  • Parking Features:Concrete4: Yes
  • Parking Features:Driveway: Yes
  • Parking Features:Garage Faces Front: Yes
  • General Property Information:Garage Spaces: 2.0

Utilities

  • Heating: Forced Air, Natural Gas
  • Cooling: Attic Fan, Central Air, Zoned
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association #2 Fee: 73.0
  • Association #2 Fee Frequency: Annually
  • Association Fee: 92.0
  • Association Fee Frequency: Annually
  • Association: Yes

Association/Amenities

  • General Property Information:Association Fee: 92.0
  • General Property Information:Association Fee Frequency: Annually
  • General Property Information:Association Fee 2: 73.0
  • General Property Information:Association Fee 2 Frequency: Annually

Schools

  • Ninth Grade High School: Wake County Schools
  • Middle Or Junior School: Wake County Schools

Lot Info

  • Lot Dimensions: 100 x 73 x 93 x 74
  • Lot Size Sq Ft: 7840.8
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3810.0
  • Tax Year: 2022

MLS Schools

  • Elementary School: Wake County Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2023
Closed on
Jul 11, 2023
Sold by
Hardy Erich Thomas and Hardy Melissa Ann
Bought by
Kring Hayley and Kring Austin
Seller's Agent
Keith Horil
Keith Horil, Broker
Buyer's Agent
Erika Strahin
Choice Residential Real Estate
List Price
$579,000
Sold Price
$510,000
Premium/Discount to List
-$69,000
-11.92%
Views
289
Current Estimated Value
$641,143

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$131,143
Avg. Annual Appreciation
11.09%
Original Mortgage
$459,000
Outstanding Balance
$450,283
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$184,425

Purchase Details

Closed on
Jul 24, 2020
Sold by
Hardy Erich
Bought by
Hardy Erich

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$173,028
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 6, 2012
Sold by
Hardy Chin Min Cindy
Bought by
Hardy Erich

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,000
Interest Rate
3.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 27, 2003
Sold by
Dempsey Kelly W and Dempsey Janet L
Bought by
Hardy Erich

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$23,000
Interest Rate
5.76%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

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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
Kring Hayley $510,000 None Listed On Document
Hardy Erich -- Servicelink East
Hardy Erich -- None Available
Hardy Erich $232,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kring Hayley $459,000
Previous Owner Hardy Erich $194,747
Previous Owner Hardy Erich T $100,000
Previous Owner Hardy Erich $173,028
Previous Owner Hardy Erich $216,000
Previous Owner Hardy Erich $151,357
Previous Owner Dempsey Kelly W $23,000
Previous Owner Hardy Erich $186,000
Previous Owner Dempsey Kelly W $164,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2023 12/15/23 Off Market $510,000 -- --
07/17/2023 07/17/23 Sold $510,000 -4.7% $201 / Sq Ft
06/28/2023 06/28/23 Pending -- -- --
06/15/2023 06/15/23 Price Changed $535,000 -4.3% $211 / Sq Ft
06/09/2023 06/09/23 Price Changed $559,000 -3.5% $221 / Sq Ft
06/09/2023 06/09/23 Price Changed $579,001 0.0% $228 / Sq Ft
06/03/2023 06/03/23 For Sale $579,000 -- $228 / 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 $4,660 $553,376 $165,000 $388,376
2023 $3,958 $393,001 $115,000 $278,001
2022 $3,810 $393,001 $115,000 $278,001
2021 $3,734 $393,001 $115,000 $278,001
2020 $3,754 $393,001 $115,000 $278,001
2019 $3,388 $314,543 $96,000 $218,543
2018 $3,179 $314,543 $96,000 $218,543
2017 $3,055 $314,543 $96,000 $218,543
2016 $3,010 $314,543 $96,000 $218,543
2015 $3,252 $328,306 $86,000 $242,306
2014 $3,067 $328,306 $86,000 $242,306
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2514392

Doorify MLS

APN: 0743.02-67-0174-000