NOT LISTED FOR SALE

Estimated Value: $487,000 - $546,918

-- Bed
3 Baths
2,622 Sq Ft
$199/Sq Ft Est. Value

Last Sold November 28, 2022

Last sale price $460,000 $175 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $2,788/month

10 Days on Market

Highlights

  • Tile Flooring
  • Central Air
  • Heat Pump System
  • Adams Elementary Rated A-

About This Home

As of November 2022

Amazing Multifamily Duplex Opportunity in a great Cary location. Has great cash flow and would be a good investment.

Last Agent to Sell the Property

Jaffar Al Haddad

Best Investment Realty License #333143 Listed on: 09/16/2022

Last Buyer's Agent

Amy Gretenstein

Real Estate By Design License #286227

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,713

Year Built

  • Built in 1981

Lot Details

  • 0.3

Parking

  • 2 Parking Spaces

Flooring

  • Carpet
  • Tile
  • Vinyl

Basement

  • Crawl Space

Schools

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

Utilities

  • Central Air
  • Heat Pump System

Community Details

  • 2 Units
  • Hickory Ridge Subdivision

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,713

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Year Built: 1981
  • Prop. Type: Residential Income
  • Subdivision Name: Hickory Ridge
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Cooling Central Air: Yes
  • Flooring Tile: 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: 2.0
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Tile, Vinyl
  • Basement: Crawl Space
  • Basement:Crawl Space: Yes

Garage/Parking

  • Total Parking Spaces: 2.0
  • General Property Information:Parking Total: 2.0

Utilities

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

Schools

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

Rental Info

  • Owner Pays: None

Tax Info

  • Tax Annual Amount: 2713.0
  • Tax Year: 2022

Multi Family

  • Number Of Units Total: 2

MLS Schools

  • Elementary School: Wake County Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2022
Closed on
Nov 10, 2022
Sold by
Safe Endeavor Properties Llc
Bought by
Place Carying
Seller's Agent
Jaffar Al Haddad
Best Investment Realty
Buyer's Agent
Amy Gretenstein
Real Estate By Design
List Price
$469,000
Sold Price
$460,000
Premium/Discount to List
-$9,000
-1.92%
Views
13
Current Estimated Value
$522,730

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,730
Avg. Annual Appreciation
4.67%
Original Mortgage
$195,000
Outstanding Balance
$189,287
Interest Rate
7.08%
Mortgage Type
New Conventional
Estimated Equity
$333,443

Purchase Details

Closed on
May 11, 2022
Sold by
Best Investment Realty Llc
Bought by
Safe Endeavor Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$382,500
Interest Rate
5.27%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 14, 2021
Closed on
Oct 28, 2021
Sold by
Sprague Edward J and Zimmerman Nicole
Bought by
Best Investment Realty Llc
Seller's Agent
Chuck Hinton
RE/MAX United
Buyer's Agent
Rod Al-Haddad
Best Investment Realty
Sold Price
$401,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.13%
Original Mortgage
$320,800
Interest Rate
3.01%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 7, 2015
Sold by
Isleem Nasser M and Isleem Laila
Bought by
Sprague Edward J and Zimmerman Nicole

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,500
Interest Rate
4.04%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 26, 1999
Sold by
Gaines Willis Wayne
Bought by
Isleem Nasser M and Zaitoun Ahmad M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$254,818
Interest Rate
6.84%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Place Carying $460,000 --
Safe Endeavor Properties Llc $425,000 None Listed On Document
Best Investment Realty Llc $401,000 None Available
Sprague Edward J $210,000 None Available
Isleem Nasser M $278,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Place Carying $195,000
Previous Owner Safe Endeavor Properties Llc $382,500
Previous Owner Best Investment Realty Llc $320,800
Previous Owner Sprague Edward J $157,500
Previous Owner Clark Kenneth W $25,000
Previous Owner Isleem Nasser M $254,818
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/14/2023 12/14/23 Off Market $460,000 -- --
12/14/2023 12/14/23 Off Market $401,000 -- --
11/28/2022 11/28/22 Sold $460,000 -1.9% $175 / Sq Ft
09/26/2022 09/26/22 Pending -- -- --
09/16/2022 09/16/22 For Sale $469,000 +17.0% $179 / Sq Ft
11/10/2021 11/10/21 Sold $401,000 -- $153 / Sq Ft
10/16/2021 10/16/21 Pending -- -- --
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 $40 $439,520 $175,000 $264,520
2024 $40 $439,520 $175,000 $264,520
2023 $2,817 $277,098 $100,000 $177,098
2022 $2,713 $277,098 $100,000 $177,098
2021 $2,659 $277,098 $100,000 $177,098
2020 $2,672 $277,098 $100,000 $177,098
2019 $2,092 $191,660 $50,000 $141,660
2018 $1,965 $191,660 $50,000 $141,660
2017 $1,890 $191,660 $50,000 $141,660
2016 $1,862 $191,660 $50,000 $141,660
2015 $2,000 $199,076 $44,000 $155,076
2014 $949 $199,076 $44,000 $155,076
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2474720

Doorify MLS

APN: 0773.15-53-4833-000