Seller's Agent in 2022
Terry McDonald
Flat Fee Realty LLC
(919) 475-4878
1 in this area
103 Total Sales
1206 Lane Dr Cary, NC 27511
Cary Towne Center NeighborhoodEstimated Value: $580,000 - $664,000
4
Beds
3.5
Baths
2,069
Sq Ft
$298/Sq Ft
Est. Value
Highlights
- 0.55 Acre Lot
- Colonial Architecture
- Bamboo Flooring
- Adams Elementary Rated A-
- Wooded Lot
- No HOA
About This Home
As of September 2022Beautiful Hard to Find EXTREME Makeover Home on Flat 1/2 Acre Wooded Lot with Separate 822 SF In-Law Suite Including it's Own Family Room, Kitchen & Upstairs Master Suite with NO HOA!!! Professional Photos to Come on 8/4/2022. Long oversized doublewide concrete driveway offers plenty of parking and detached storage building. Huge 25'x25' deck with gas hookup for grill overlooks large fenced-in wooded backyard with plenty of room for pool or additional buildings. Here are some of the NEW upgrades: fiber cement siding, windows/doors with built-in blinds, paint, tankless water heater, LVP and wood flooring. Kitchen boasts New Maple cabinets, granite countertops, built-in pantry with roll-out shelving & stainless steel appliances. Master suite has large sitting area/work-out area & custom closet. Awesome location next to shopping, professional services and access to major highways. HURRY...this gem will not last long!
Last Agent to Sell the Property
Flat Fee Realty LLC License #243692 Listed on: 07/27/2022
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,250
Year Built
- Built in 1972
Lot Details
- 0.55 Acre Lot
- Lot Dimensions are 72'x250'x140'x216'
- Landscaped
- Wooded Lot
Parking
- Private Driveway
Home Design
- Colonial Architecture
Interior Spaces
- 2,069 Sq Ft Home
- Multi-Level Property
- Wood Burning Fireplace
- Family Room with Fireplace
Flooring
- Bamboo
- Carpet
- Luxury Vinyl Tile
Bedrooms and Bathrooms
- 4 Bedrooms
Schools
- Dillard Elementary School
- East Cary Middle School
- Cary High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Tankless Water Heater
Community Details
- No Home Owners Association
- Walnut Hills Subdivision
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 27, 2022
Closed on
Sep 21, 2022
Sold by
Salzmann Timothy E and Salzmann Cheryl M
Bought by
Smith Katherine Margaret Ack and Smith Benjamin Dizon
Seller's Agent
Terry McDonald
Flat Fee Realty LLC
Buyer's Agent
Laura Johnson
Smart Partners Realty, LLC
List Price
$574,900
Sold Price
$573,000
Premium/Discount to List
-$1,900
-0.33%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,556
Avg. Annual Appreciation
0.81%
Original Mortgage
$458,400
Outstanding Balance
$441,229
Interest Rate
5.13%
Mortgage Type
New Conventional
Estimated Equity
$145,460
Purchase Details
Closed on
Jun 18, 2015
Sold by
Moore Mary K
Bought by
Salzmann Timothy Edward
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,630
Interest Rate
3.75%
Mortgage Type
FHA
Purchase Details
Closed on
Apr 1, 1999
Sold by
Ismail Abdul R
Bought by
Moore Andrew R and Moore Mary K
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,680
Interest Rate
6.85%
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Smith Katherine Margaret Ack | $573,000 | -- | |
| Salzmann Timothy Edward | $195,000 | Attorney | |
| Moore Andrew R | $168,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Smith Katherine Margaret Ack | $458,400 | |
| Previous Owner | Salzmann Timothy Edward | $150,000 | |
| Previous Owner | Salzmann Timothy E | $41,200 | |
| Previous Owner | Salzmann Timothy Edward | $262,500 | |
| Previous Owner | Salzmann Timothy Edward | $243,691 | |
| Previous Owner | Salzmann Timothy Edward | $225,630 | |
| Previous Owner | Moore Andrew R | $68,680 | |
| Closed | Moore Andrew R | $100,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/15/2023 12/15/23 | Off Market | $573,000 | -- | -- |
| 09/27/2022 09/27/22 | Sold | $573,000 | -0.3% | $277 / Sq Ft |
| 08/11/2022 08/11/22 | Pending | -- | -- | -- |
| 08/04/2022 08/04/22 | For Sale | $574,900 | -- | $278 / Sq Ft |
Source: Doorify MLS
Tax History Compared to Growth
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 | $4,990 | $590,295 | $215,000 | $375,295 |
| 2023 | $3,580 | $353,325 | $135,000 | $218,325 |
| 2022 | $3,317 | $339,748 | $135,000 | $204,748 |
| 2021 | $3,251 | $339,748 | $135,000 | $204,748 |
| 2020 | $3,268 | $339,748 | $135,000 | $204,748 |
| 2019 | $2,915 | $268,532 | $100,000 | $168,532 |
| 2018 | $2,493 | $266,113 | $100,000 | $166,113 |
Source: Public Records
Agents Affiliated with this Home
-
Terry McDonald
-
Laura Johnson
Buyer's Agent in 2022
Laura Johnson
Smart Partners Realty, LLC
(919) 882-9236
1 in this area
36 Total Sales
Map
Source: Doorify MLS
MLS Number: 2464955
APN: 0773.09-15-8223-000
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