NOT LISTED FOR SALE

1225 Pond St Cary, NC 27511

South Cary Neighborhood

Estimated Value: $542,000 - $714,000

Studio
3 Baths
2,689 Sq Ft
$232/Sq Ft Est. Value

Sale Details

Date Sold: March 10, 2023

Last sale price $580,000 $216 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $3,693 / mo

3 Days on Market

Highlights

  • Cooling Available
  • Wood Siding
  • Heat Pump System
  • Briarcliff Elementary School Rated A
  • Vinyl Flooring

About This Home

As of March 2023

Investor Alert! Duplex with 3 bd/2.5ba layout on one side and 2bd/1.5ba on the other! Excellent location in Cary. Close to Business areas, minutes drive to NC State, Shopping, Dining, Downtown Raleigh, Major Road and Interstates, RTP and Airport! Both units are currently rented. Well-maintained interiors/exterior. 1225 - is month to month and rent is 1,350/month | 1227 - month to month rent is $1,150/month. Listing is sold "AS-IS" / 1031 exchange

Last Agent to Sell the Property

Stephanie Smith

Select Premium Properties Inc. License #233506 Listed on: 02/18/2023

Last Buyer's Agent

Tina Caul

EXP Realty LLC License #267133

EXP Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,342

Year Built

  • Built in 1977

Lot Details

  • 0.31

Parking

  • Off-Street Parking

Home Design

  • Slab Foundation
  • Wood Siding

Schools

  • Briarcliff Elementary School
  • East Cary Middle School
  • Cary High School

Utilities

  • Cooling Available
  • Heat Pump System

Additional Features

  • Vinyl Flooring
  • 13,504 Sq Ft Lot

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,342

Year Built

Built in 1977

Lot Details

0.31 Acres

Listing Details

  • Year Built: 1977
  • Prop. Type: Residential Income
  • Subdivision Name: Not in a Subdivision
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Foundation Details Slab: Yes
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • Flooring Vinyl: Yes
  • General Property Information Carport YN: No
  • General Property Information Number Of Units Total3: 2.0
  • General Property Information Lot Size Square Feet2: 13504.0
  • General Property Information Lot Size Acres: 0.31
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Vinyl

Exterior Features

  • Acres: 0.31
  • Construction Type: Wood Siding
  • Foundation Details: Slab
  • Construction Materials:Wood Siding: Yes

Garage/Parking

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

Utilities

  • Heating: Electric, Heat Pump
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Electric4: Yes
  • Heating:Heat Pump2: Yes
  • HeatingCooling:Heat Pump: Yes

Schools

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

Lot Info

  • Zoning: R12
  • Lot Size Sq Ft: 13504.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: None

Tax Info

  • Tax Annual Amount: 3342.0
  • Tax Year: 2022

Multi Family

  • Number Of Units Total: 2

MLS Schools

  • Elementary School: Wake - Briarcliff

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 18, 2023
Closed on
Mar 1, 2023
Sold by
Gutierez Tomas and Gutierez Chanthy
Bought by
Heeney Braden and Cheng Juiju
Seller's Agent
Stephanie Smith
Select Premium Properties Inc.
Buyer's Agent
Tina Caul
EXP Realty LLC
List Price
$500,000
Sold Price
$580,000
Premium/Discount to List
$80,000
16%
Views
144
Current Estimated Value
$622,935

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,935
Avg. Annual Appreciation
2.29%
Original Mortgage
$360,000
Outstanding Balance
$348,698
Interest Rate
6.13%
Mortgage Type
New Conventional
Estimated Equity
$274,237

Purchase Details

Closed on
Dec 15, 2016
Sold by
Mummalaneni Jahnavi and Bavipati Sampath
Bought by
Gutierrez Tomas

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
3.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 27, 2007
Sold by
Mcnear Marcus and Mcnear Patricia
Bought by
Stark Brian D and Stark Angela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,450
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 21, 2002
Sold by
Oliver Christopher J and Oliver Natalie
Bought by
Oliver Christopher J and Oliver Natalie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,000
Interest Rate
5.95%
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
Heeney Braden $580,000 --
Gutierrez Tomas $290,000 None Available
Gitoerrez Tomas $210,000 None Available
Stark Brian D $165,000 None Available
Oliver Christopher J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Heeney Braden $360,000
Previous Owner Gitoerrez Tomas $157,500
Previous Owner Stark Brian D $123,450
Previous Owner Oliver Christopher J $107,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/14/2023 12/14/23 Off Market $580,000 -- --
03/10/2023 03/10/23 Sold $580,000 +16.0% $216 / Sq Ft
02/20/2023 02/20/23 Pending -- -- --
02/17/2023 02/17/23 For Sale $500,000 -- $186 / Sq Ft
Source: Doorify MLS

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 $4,951 $572,998 $200,000 $372,998
2024 $4,845 $572,998 $200,000 $372,998
Source: Public Records

Agents Affiliated with this Home

  • Stephanie Smith

    Seller's Agent in 2023

    Stephanie Smith

    Select Premium Properties Inc.

    (910) 518-9280

    1 in this area

    932 Total Sales

    Stephanie Smith
    Section Image
  • Tina Caul

    Buyer's Agent in 2023

    Tina Caul

    EXP Realty LLC

    (919) 263-7653

    87 in this area

    3,153 Total Sales

    Tina Caul
    Section Image
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Map

Source: Doorify MLS

MLS Number: 2495558

Doorify MLS

APN: 0763.14-34-4315-000

North Carolina Wake County Cary 27511 South Cary

1225 Pond St, Cary, NC

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Doorify MLS Some IDX listings have been excluded from this IDX display. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. Listings marked with an icon are provided courtesy of the Doorify MLS, Inc. of North Carolina, Internet Data Exchange Database. Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property. Copyright 2026 Doorify MLS, Inc. of North Carolina. All rights reserved.

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