NOT LISTED FOR SALE

1620 Laurel Park Place Cary, NC 27511

South Cary Neighborhood

Estimated Value: $660,000 - $715,000

3 Beds
2.5 Baths
2,844 Sq Ft
$238/Sq Ft Est. Value

Last Sold February 10, 2023

Last sale price $560,000 $197 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $4,029/month

11 Days on Market

Highlights

  • Traditional Architecture
  • Wood Flooring
  • Forced Air Zoned Heating and Cooling System
  • Laurel Park Elementary Rated A
  • 1 Fireplace
  • 2 Car Garage

About This Home

As of February 2023

Location, Location, Location. This elegant home is located in beautiful Laurel Park subdivision. Around the corner, within a few minutes walk, you come across Laurel Park Elementary School. This home is ready for it's next owners! Inside, you have a wonderful floor plan that has a fireplace in the living room and seamless transition to the kitchen. There you will find granite counter tops, stainless appliances and half bath. Upstairs you will find 3 bedrooms, along with 2 full bathrooms, an open loft and laundry room. Come check out this ready to move in home and enjoy the essence of this amazing location.

Last Agent to Sell the Property

Sebastian Klosowiak

Engel & Volkers Raleigh License #320254 Listed on: 11/18/2022

Last Buyer's Agent

Saira Bruno

Real Broker, LLC License #318289

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,724

Year Built

  • Built in 2008

Lot Details

  • 5,663 Sq Ft Lot

HOA Fees

  • $40 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 2,844 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms

Schools

  • Laurel Park Elementary School
  • Salem Middle School
  • Apex Friendship High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

  • Association fees include ground maintenance
  • Laurel Park Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,724

Year Built

Built in 2008

Lot Details

0

HOA Fees

$40 per month

Parking

2

Listing Details

  • Year Built: 2008
  • Prop. Type: Residential
  • Reso Association Fee Includes: Maintenance Grounds
  • Subdivision Name: Laurel Park
  • Above Grade Finished Sq Ft: 2844.0
  • Architectural Style: Traditional
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Contract Information Ownership Type: Other
  • General Property Information Lot Size Dimensions: 5,488 Sq. Ft.
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: Yes
  • Structure Type Site Built: Yes
  • Cooling Zoned: Yes
  • Flooring Carpet: Yes
  • Flooring Hardwood: Yes
  • Levels Two: Yes
  • Architectural Style Traditional: Yes
  • Flooring Wood: Yes
  • General Property Information Above Grade Finished Area: 2844.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 5662.8
  • General Property Information Lot Size Acres: 0.13
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Combination, Hardwood, Wood
  • Appliances: Gas Water Heater
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Total Bedrooms: 7
  • Appliances:Gas Water Heater: Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Acres: 0.13
  • Construction Type: Brick, Vinyl Siding
  • Construction Materials:Vinyl Siding: Yes
  • Construction Materials:Brick: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Garage
  • Parking Features:Garage: Yes
  • General Property Information:Garage Spaces: 2.0

Utilities

  • Heating: Forced Air, Natural Gas
  • Cooling: Zoned
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association Fee: 480.0
  • Association Fee Frequency: Annually
  • Association: Yes

Association/Amenities

  • Association Fee Includes:Maintenance Grounds2: Yes
  • General Property Information:Association Fee: 480.0
  • General Property Information:Association Fee Frequency: Annually

Schools

  • Ninth Grade High School: Wake - Apex Friendship
  • Middle Or Junior School: Wake - Salem

Lot Info

  • Lot Dimensions: 5,488 Sq. Ft.
  • Lot Size Sq Ft: 5662.8
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3724.0
  • Tax Year: 2022

MLS Schools

  • Elementary School: Wake - Laurel Park

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 18, 2022
Closed on
Jan 19, 2023
Sold by
Malichi Sandra K and Malichi Randall S
Bought by
Kumar Anugu Ajay and Kumar Sharadha Anugu
Seller's Agent
Sebastian Klosowiak
Engel & Volkers Raleigh
Buyer's Agent
Saira Bruno
Real Broker, LLC
List Price
$570,000
Sold Price
$560,000
Premium/Discount to List
-$10,000
-1.75%
Views
66
Current Estimated Value
$677,657

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$117,657
Avg. Annual Appreciation
7.38%
Original Mortgage
$532,000
Outstanding Balance
$514,155
Interest Rate
6.15%
Mortgage Type
New Conventional
Estimated Equity
$163,502

Purchase Details

Closed on
Feb 18, 2009
Sold by
Standard Pacific Of The Carolinas Llc
Bought by
Fair Etta L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$229,900
Interest Rate
5.07%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Kumar Anugu Ajay $560,000 --
Fair Etta L $290,000 Sterling Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kumar Anugu Ajay $532,000
Previous Owner Fair Etta L $229,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/15/2023 12/15/23 Off Market $560,000 -- --
02/10/2023 02/10/23 Sold $560,000 -1.8% $197 / Sq Ft
12/03/2022 12/03/22 Pending -- -- --
11/22/2022 11/22/22 For Sale $570,000 +1.8% $200 / Sq Ft
11/18/2022 11/18/22 Off Market $560,000 -- --
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 $4,879 $566,902 $150,000 $416,902
2024 $4,773 $566,902 $150,000 $416,902
2023 $3,868 $384,066 $90,000 $294,066
2022 $3,000 $384,066 $90,000 $294,066
2021 $3,649 $384,066 $90,000 $294,066
2020 $3,669 $384,066 $90,000 $294,066
2019 $3,441 $319,526 $78,000 $241,526
2018 $3,229 $319,526 $78,000 $241,526
2017 $3,103 $319,526 $78,000 $241,526
2016 -- $319,526 $78,000 $241,526
2015 $976 $300,240 $60,000 $240,240
2014 $2,806 $300,240 $60,000 $240,240
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2484232

Doorify MLS

APN: 0753.17-10-2652-000