NOT LISTED FOR SALE

217 Turquoise Creek Dr Cary, NC 27513

Preston Neighborhood

Estimated Value: $856,000 - $1,066,000

4 Beds
3.5 Baths
3,067 Sq Ft
$314/Sq Ft Est. Value

Last Sold August 27, 2021

Last sale price $600,000 $196 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $5,969/month

56 Days on Market

Highlights

  • Traditional Architecture
  • Wood Flooring
  • 1 Fireplace
  • Morrisville Elementary Rated A
  • Main Floor Primary Bedroom
  • Bonus Room

About This Home

As of August 2021

Previously a foreclosure property comes with some caveats. The property need a major overhaul to turn to livable condition. Please check disclosure for more details. Great location with first floor master bedroom and guest bedroom. Seller replaced the roof and deck. The property will be available for showing at 5/22.

Last Agent to Sell the Property

Tianzhi Chu

Tiantian Realty, LLC License #287000 Listed on: 05/20/2021

Last Buyer's Agent

Reza Jafari

Moshaver, LLC License #303478

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,089

Year Built

  • Built in 1990

Lot Details

  • 0.39 Acre Lot

HOA Fees

  • $29 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Front Facing Garage

Home Design

  • Traditional Architecture
  • Tri-Level Property
  • Brick Exterior Construction

Interior Spaces

  • 3,067 Sq Ft Home
  • 1 Fireplace
  • Living Room
  • Dining Room
  • Home Office
  • Bonus Room

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main

Schools

  • Morrisville Elementary School
  • Alston Ridge Middle School
  • Green Hope High School

Utilities

  • No Cooling
  • Heating System Uses Natural Gas

Community Details

  • Grandchester Meadows, Inc Association
  • Preston Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,089

Year Built

Built in 1990

Lot Details

0

HOA Fees

$29 per month

Parking

2

Listing Details

  • Year Built: 1990
  • Prop. Type: Residential
  • Reso Association Fee Includes: None
  • Subdivision Name: Preston
  • Above Grade Finished Sq Ft: 3067.0
  • Architectural Style: Traditional
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Tri-Level
  • New Construction: No
  • Contract Information Ownership Type: Other
  • General Property Information Above Grade Unfinished Area: 3067.0
  • General Property Information Total Unfinished Area2: 3067.0
  • General Property Information Lot Size Dimensions: Per survey
  • 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
  • Flooring Carpet: Yes
  • Flooring Hardwood: Yes
  • Room Types Bedroom 2 Level: M
  • Room Types Bedroom 3 Level: 2
  • Room Types Bedroom 4 Level: 2
  • Room Types Bonus Room: Yes
  • Room Types Dining Room2: Yes
  • Architectural Style Traditional: Yes
  • Room Types Office: Yes
  • Room Types Primary Bedroom Level: M
  • Room Types Living Room2: Yes
  • Levels Tri-Level: Yes
  • Heating None12: Yes
  • Cooling None4: Yes
  • General Property Information Above Grade Finished Area: 3067.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 16988.4
  • General Property Information Lot Size Acres: 0.39
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Hardwood
  • Basement YN: No
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplaces: 1
  • Total Bedrooms: 5
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Acres: 0.39
  • Construction Type: Brick, Fiber Cement
  • Construction Materials:Fiber Cement: Yes
  • Construction Materials:Brick: Yes

Garage/Parking

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

Utilities

  • Heating: Natural Gas, None
  • Cooling: None
  • Cooling Y N: No
  • HeatingYN: No
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association Fee: 87.5
  • Association Fee Frequency: Quarterly
  • Association Name: Grandchester Meadows, Inc
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: Grandchester Meadows, Inc
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 87.5
  • General Property Information:Association Fee Frequency: Quarterly

Schools

  • Ninth Grade High School: Wake - Green Hope
  • Middle Or Junior School: Wake - Alston Ridge

Lot Info

  • Lot Dimensions: Per survey
  • Lot Size Sq Ft: 16988.4
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 7089.0
  • Tax Year: 2020

MLS Schools

  • Elementary School: Wake - Morrisville

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2021
Closed on
Aug 20, 2021
Sold by
Chu Tianzhi
Bought by
Foroughi Reza and Arabkhazaeli Soha
Seller's Agent
Tianzhi Chu
Tiantian Realty, LLC
Buyer's Agent
Reza Jafari
Moshaver, LLC
List Price
$628,000
Sold Price
$600,000
Premium/Discount to List
-$28,000
-4.46%
Current Estimated Value
$962,537

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$362,537
Avg. Annual Appreciation
12.59%
Original Mortgage
$547,674
Outstanding Balance
$499,428
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$463,734

Purchase Details

Closed on
Nov 18, 2016
Sold by
Merlano James C
Bought by
Chu Tianzhi

Purchase Details

Closed on
Nov 13, 1998
Sold by
Smith Jerry W and Smith Diane I
Bought by
Merlano James C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$319,500
Interest Rate
6.58%
Source: Public Records

Range of Values:

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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
Foroughi Reza $600,000 None Available
Chu Tianzhi $433,355 None Available
Merlano James C $355,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Foroughi Reza $135,000
Open Foroughi Reza $547,674
Previous Owner Merlano James C $310,300
Previous Owner Merlano James C $319,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2023 12/15/23 Off Market $600,000 -- --
08/27/2021 08/27/21 Sold $600,000 -4.5% $196 / Sq Ft
07/17/2021 07/17/21 Pending -- -- --
07/13/2021 07/13/21 For Sale $628,000 0.0% $205 / Sq Ft
07/13/2021 07/13/21 Price Changed $628,000 +4.7% $205 / Sq Ft
06/10/2021 06/10/21 Off Market $600,000 -- --
06/09/2021 06/09/21 Price Changed $638,000 -3.0% $208 / Sq Ft
05/22/2021 05/22/21 For Sale $658,000 -- $215 / 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 $8,335 $991,706 $400,000 $591,706
2023 $6,937 $690,364 $168,000 $522,364
2022 $6,679 $690,364 $168,000 $522,364
2021 $6,863 $724,149 $168,000 $556,149
2020 $3,246 $724,149 $168,000 $556,149
2019 $6,928 $645,164 $168,000 $477,164
2018 $0 $645,164 $168,000 $477,164
2017 $0 $645,164 $168,000 $477,164
2016 $6,152 $645,164 $168,000 $477,164
2015 $5,205 $526,615 $100,000 $426,615
2014 $4,907 $526,615 $100,000 $426,615
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2021

    Tianzhi Chu

    Tiantian Realty, LLC

    (919) 889-7802

    1 in this area

    2 Total Sales

    Tianzhi Chu
    Section Image
  • Reza Jafari

    Buyer's Agent in 2021

    Reza Jafari

    Moshaver, LLC

    (919) 604-0808

    1 in this area

    79 Total Sales

    Reza Jafari
    Section Image
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Map

Source: Doorify MLS

MLS Number: 2384935

Doorify MLS

APN: 0744.02-77-8551-000

North Carolina Wake County Cary 27513 Preston

217 Turquoise Creek Dr, Cary, NC

This home is located at 217 Turquoise Creek Dr, Cary, NC 27513 since 20 May 2021 and is currently estimated at $962,537, approximately $313 per square foot. This property was built in 1990. 217 Turquoise Creek Dr is a home located in Wake County with nearby schools including Morrisville Elementary, Alston Ridge Middle School, and Green Hope High.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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