NOT LISTED FOR SALE

1501 Montvale Grant Way Cary, NC 27519

Estimated Value: $1,591,882 - $1,735,000

4 Beds
4.5 Baths
3,489 Sq Ft
$476/Sq Ft Est. Value

Last Sold January 10, 2022

Last sale price $1,283,700 $368 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $10,129/month

Highlights

  • New Construction
  • Family Room with Fireplace
  • Wood Flooring
  • North Chatham Elementary School Rated A-
  • Transitional Architecture
  • Main Floor Primary Bedroom

About This Home

As of January 2022

Custom luxury presale by Poythress Constrution Co. Located in popular Montvale in West Cary within steps of the American Tobacco Trail. Master and guest room located on main floor, open plan, hardwoods throughout. Secondary beds and bonus room upstairs, screened porch, flat back yard located on corner of culdesac.

Last Agent to Sell the Property

Lynda Edwards-Foster

Coldwell Banker HPW New Homes License #111476 Listed on: 10/04/2021

Coldwell Banker HPW New Homes

Last Buyer's Agent

Martha Newport

Keller Williams Realty United License #279746

Keller Williams Realty United

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,337

Year Built

  • Built in 2022 | New Construction

Lot Details

  • 0.38 Acre Lot
  • Lot Dimensions are 81.97x150x93x140
  • Landscaped
  • Corner Lot

HOA Fees

  • $125 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Front Facing Garage
  • Side Facing Garage
  • Private Driveway

Home Design

  • Transitional Architecture
  • Brick Exterior Construction

Interior Spaces

  • 3,489 Sq Ft Home
  • 1.5-Story Property
  • Smooth Ceilings
  • High Ceiling
  • Gas Fireplace
  • Family Room with Fireplace
  • 2 Fireplaces
  • Crawl Space

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Separate Shower in Primary Bathroom
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on main level

Attic

  • Attic Floors
  • Unfinished Attic

Outdoor Features

  • Outdoor Fireplace
  • Exterior Lighting

Schools

  • N Chatham Elementary School
  • Margaret B Pollard Middle School
  • Seaforth High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Tankless Water Heater
  • Gas Water Heater

Listing and Financial Details

  • Home warranty included in the sale of the property

Community Details

Overview

  • Association fees include storm water maintenance
  • Omega Association, Phone Number (919) 461-0102
  • Montvale Subdivision

Recreation

  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,337

Year Built

Built in 2022 | New Construction

Lot Details

0

HOA Fees

$125 per month

Parking

3

Listing Details

  • Year Built: 2022
  • Prop. Type: Residential
  • Reso Association Fee Includes: Storm Water Maintenance
  • Subdivision Name: Montvale
  • Above Grade Finished Sq Ft: 3489.0
  • Architectural Style: Transitional
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One and One Half
  • New Construction: Yes
  • Contract Information Ownership Type: Other
  • General Property Information Above Grade Unfinished Area: 1912.0
  • General Property Information Total Unfinished Area2: 1912.0
  • General Property Information Lot Size Dimensions: 81.97x150x93x140
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: Yes
  • Architectural Style Transitional: Yes
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Laundry Features Laundry Room: Yes
  • Laundry Features Main Level: Yes
  • Sewer:Public Sewer: Yes
  • Structure Type Site Built: Yes
  • Water Source Public: Yes
  • Contract Information Estimated Completion Date: 2022-05-01
  • Flooring Hardwood: Yes
  • Interior Features Separate Shower: Yes
  • Interior Features Smooth Ceilings: Yes
  • Property Condition Framed: No
  • Room Types Primary Bedroom Level: M
  • General Property Information Association Phone: 919-461-0102
  • Levels One and One Half: Yes
  • Attic Features Unfinished2: Yes
  • General Property Information Above Grade Finished Area: 3489.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 16335.0
  • General Property Information Lot Size Acres: 0.375
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Flooring: Hardwood, Tile
  • Interior Amenities: High Ceilings, Separate Shower, Smooth Ceilings, Walk-In Closet(s), Walk-In Shower
  • Basement: Crawl Space
  • Appliances: Gas Water Heater, Tankless Water Heater
  • Basement YN: No
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Family Room, Gas, Outside, Sealed Combustion
  • Fireplaces: 2
  • Total Bedrooms: 9
  • Appliances:Tankless Water Heater: Yes
  • Interior Features:High Ceilings: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Walk-In Shower: Yes
  • Basement:Crawl Space: Yes
  • Community Features:Street Lights: Yes
  • Fireplace Features:Family Room: Yes
  • Fireplace Features:Outside: Yes
  • Fireplace Features:Sealed Combustion: Yes
  • Appliances:Gas Water Heater: Yes
  • Fireplace Features:Gas4: Yes
  • Attic Features:Floored: Yes
  • Attic Features:Walk-In Attic: Yes
  • Fireplace Features:Fireplaces Total: 2

Exterior Features

  • Exterior Features: Lighting
  • Acres: 0.38
  • Home Warranty: Yes
  • Construction Type: Brick, Fiber Cement
  • Construction Materials:Fiber Cement: Yes
  • Lot Features:Landscaped: Yes
  • Lot Features:Corner Lot: Yes
  • Construction Materials:Brick: Yes
  • Exterior Features:Lighting: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Parking Features: Attached, Concrete, Driveway, Garage, Garage Faces Front, Garage Faces Side
  • Parking Features:Attached: Yes
  • Parking Features:Garage: Yes
  • Parking Features:Concrete4: Yes
  • Parking Features:Driveway: Yes
  • Parking Features:Garage Faces Front: Yes
  • Parking Features:Garage Faces Side: Yes
  • General Property Information:Garage Spaces: 3.0

Utilities

  • Heating: Natural Gas
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Street Lights
  • Association Fee: 1500.0
  • Association Fee Frequency: Annually
  • Association Name: Omega
  • Phone: 919-461-0102
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: Omega
  • Association Amenities:Trail(s): Yes
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 1500.0
  • General Property Information:Association Fee Frequency: Annually

Schools

  • Ninth Grade High School: Chatham - Seaforth
  • Middle Or Junior School: Chatham - Margaret B Pollard

Lot Info

  • Lot Dimensions: 81.97x150x93x140
  • Lot Size Sq Ft: 16335.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

MLS Schools

  • Elementary School: Chatham - N Chatham

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2021
Closed on
Dec 16, 2021
Sold by
Poythress Construction Company Inc
Bought by
Hoshor Mark T and Hoshor Living Trust
Seller's Agent
Lynda Edwards-Foster
Coldwell Banker HPW New Homes
Buyer's Agent
Martha Newport
Keller Williams Realty United
List Price
$1,283,700
Sold Price
$1,283,700
Current Estimated Value
$1,661,471

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$377,771
Avg. Annual Appreciation
7.08%
Original Mortgage
$894,330
Outstanding Balance
$822,328
Interest Rate
3.09%
Mortgage Type
New Conventional
Estimated Equity
$839,143

Purchase Details

Closed on
Mar 22, 2021
Sold by
Montvale Partners Llc
Bought by
Poythress Construction Company Inc
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Hoshor Mark T $290,000 None Available
Poythress Construction Company Inc $567,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hoshor Mark T $894,330
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/15/2023 12/15/23 Off Market $1,283,700 -- --
01/10/2022 01/10/22 Sold $1,283,700 0.0% $368 / Sq Ft
10/04/2021 10/04/21 Pending -- -- --
10/04/2021 10/04/21 For Sale $1,283,700 -- $368 / 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 $14,337 $941,981 $201,875 $740,106
2023 $9,891 $941,970 $201,875 $740,095
2022 $2,420 $239,650 $181,687 $57,963
2021 $1,835 $181,687 $181,687 $0
2020 $208 $171,000 $171,000 $0
2019 $0 $171,000 $171,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Doorify MLS

MLS Number: 2411601

Doorify MLS

APN: 0093348