NOT LISTED FOR SALE

125 Karen Ct Cary, NC 27511

Cary Towne Center Neighborhood

Estimated Value: $538,986 - $614,000

-- Bed
3 Baths
2,546 Sq Ft
$227/Sq Ft Est. Value

Last Sold May 16, 2023

Last sale price $495,000 $194 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $3,423/month

21 Days on Market

Highlights

  • Cul-De-Sac
  • Central Air
  • Heat Pump System
  • Adams Elementary Rated A-
  • Vinyl Flooring

About This Home

As of May 2023

Investor Alert! Duplex with 3 Bedrooms, 2.5 Baths in each unit! 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. 125 -is month to month and rent is 1,325/month | 127 - month to month rent is $1,250/month. Listing is sold "AS-IS" / 1031 exchange

Last Agent to Sell the Property

Stephanie Smith

Select Premium Properties Inc. License #233506 Listed on: 02/16/2023

Last Buyer's Agent

Non Member

Non Member Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,673

Year Built

  • Built in 1981

Lot Details

  • 9,148 Sq Ft Lot
  • Cul-De-Sac

Parking

  • Off-Street Parking

Home Design

  • Cedar

Schools

  • Dillard Elementary And Middle School
  • Cary High School

Utilities

  • Central Air
  • Heat Pump System

Additional Features

  • Vinyl Flooring
  • Crawl Space

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,673

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Year Built: 1981
  • Prop. Type: Residential Income
  • Subdivision Name: Not in a Subdivision
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Cooling Central Air: 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: 9148.0
  • General Property Information Lot Size Acres: 0.21
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Vinyl
  • Basement: Crawl Space
  • Basement:Crawl Space: Yes

Exterior Features

  • Acres: 0.21
  • Construction Type: Cedar
  • Lot Features:Cul-De-Sac: Yes
  • Construction Materials:Cedar: Yes

Garage/Parking

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

Utilities

  • Heating: Electric, Heat Pump
  • Cooling: Central Air, 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: Wayne - Dillard

Lot Info

  • Zoning: RMF
  • Lot Size Sq Ft: 9148.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: None

Tax Info

  • Tax Annual Amount: 2673.0
  • Tax Year: 2022

Multi Family

  • Number Of Units Total: 2

MLS Schools

  • Elementary School: Wake - Dillard

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 16, 2023
Closed on
May 4, 2023
Sold by
Gutierrez Tomas and Gutierrez Chanty
Bought by
Smith Yolanda
Seller's Agent
Stephanie Smith
Select Premium Properties Inc.
Buyer's Agent
Non Member
Non Member Office
List Price
$500,000
Sold Price
$495,000
Premium/Discount to List
-$5,000
-1%
Views
810
Current Estimated Value
$578,497

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,497
Avg. Annual Appreciation
3.47%

Purchase Details

Closed on
Jul 14, 2017
Sold by
Styar Brian and Styar Amgela
Bought by
Gutirez Thomas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,250
Interest Rate
3.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 27, 2007
Sold by
Baker Ronald G and Baker Emily R
Bought by
Stark Brian 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
$137,250
Interest Rate
7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 12, 1999
Sold by
Brandt Juliana
Bought by
Baker Ronald G and Baker Emily R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,200
Interest Rate
6.73%

Purchase Details

Closed on
Jun 22, 1998
Sold by
Wind Dennis G
Bought by
Wind Juliana
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
Smith Yolanda $495,000 None Listed On Document
Gutirez Thomas $191,000 None Available
Stark Brian $183,000 None Available
Baker Ronald G $160,000 --
Wind Juliana -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gutirez Thomas $143,250
Previous Owner Stark Brian $139,375
Previous Owner Stark Brian $137,250
Previous Owner Stark Brian $27,450
Previous Owner Baker Ronald G $127,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/14/2023 12/14/23 Off Market $495,000 -- --
05/16/2023 05/16/23 Sold $495,000 -1.0% $194 / Sq Ft
03/08/2023 03/08/23 Pending -- -- --
02/15/2023 02/15/23 For Sale $500,000 -- $196 / 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 $4,096 $473,223 $175,000 $298,223
2024 $4,008 $473,223 $175,000 $298,223
2023 $2,776 $273,009 $100,000 $173,009
2022 $2,673 $273,009 $100,000 $173,009
2021 $2,620 $273,009 $100,000 $173,009
2020 $2,634 $273,009 $100,000 $173,009
2019 $2,081 $190,662 $50,000 $140,662
2018 $1,955 $190,662 $50,000 $140,662
2017 $1,880 $190,662 $50,000 $140,662
2016 $1,852 $190,662 $50,000 $140,662
2015 $1,990 $198,053 $44,000 $154,053
2014 $1,878 $198,053 $44,000 $154,053
Source: Public Records

Agents Affiliated with this Home

  • Stephanie Smith

    Seller's Agent in 2023

    Stephanie Smith

    Select Premium Properties Inc.

    (910) 518-9280

    2 in this area

    1,022 Total Sales

    Stephanie Smith
    Section Image

  • N

    Buyer's Agent in 2023

    Non Member

    Non Member Office

See All Agents

Map

Source: Doorify MLS

MLS Number: 2495224

Doorify MLS

APN: 0773.15-53-3853-000

North Carolina Wake County Cary 27511 Cary Towne Center

125 Karen Ct, Cary, NC

This home is located at 125 Karen Ct, Cary, NC 27511 since 16 February 2023 and is currently estimated at $578,497, approximately $227 per square foot. This property was built in 1981. 125 Karen Ct is a home located in Wake County with nearby schools including Adams Elementary, Dillard Drive Magnet Middle School, and Cary High School.

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