$252,000 - $274,000
RENTED MAR 13, 2025

225 Waterford Lake Dr Unit 225 Cary, NC 27519

Cary Park Neighborhood
1 Bed
1.5 Baths
806 Sq Ft
2004 Built

Highlights

  • Wood Flooring
  • Balcony
  • Living Room
  • Mills Park Elementary School Rated A
  • Crown Molding
  • Storage

About This Home

As of March 2025

Perfect One Bedroom Condo in Cary Park! Private building entry, second floor condo available for Immediate Move In! Living room leads out to covered deck and peaceful view. Kitchen with all appliances and separate dining area. Large bedroom with full bathroom and great closet space! Additional half bathroom is great for guests. Washer, dryer and water are included. Additional storage room available. Apply today!

Last Agent to Rent the Property

Helen Morrill

Wilson Property Management, In License #281633 Listed on: 12/11/2024

Last Renter's Agent

Lindsey Thomas

Triangle Real Estate Boutique License #266715

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,093

Year Built

  • Built in 2004

Parking

  • Assigned Parking

Interior Spaces

  • 806 Sq Ft Home
  • 1-Story Property
  • Crown Molding
  • Living Room
  • Dining Room
  • Storage
  • Laundry in unit

Kitchen

  • Electric Oven
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom

Outdoor Features

  • Balcony

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • Security Deposit $1,395
  • Property Available on 12/10/24
  • Tenant pays for electricity
  • The owner pays for water
  • Assessor Parcel Number 0725.04-81-2088 0326159

Community Details

Overview

  • Property has a Home Owners Association
  • Elite Management Professionals Association
  • Cary Park Subdivision

Pet Policy

  • Pet Deposit $500
  • Dogs Allowed
  • Breed Restrictions

Condo Details

Home Type

Condominium

Est. Annual Taxes

$2,093

Year Built

Built in 2004

Lot Details

0

Rental Info

  • Tenant Pays: Electricity
  • Lease Term: Other
  • Owner Pays: Water
  • Available Date: 2024-12-10

Listing Details

  • Year Built: 2004
  • Prop. Type: Residential Lease
  • Subdivision Name: Cary Park
  • Above Grade Finished Sq Ft: 806.0
  • Unit Levels: One
  • Appliances Microwave: Yes
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Levels One: Yes
  • Flooring Carpet: Yes
  • Room Types Dining Room2: Yes
  • Appliances Refrigerators: Yes
  • Room Types Living Room2: Yes
  • Flooring Wood: Yes
  • Contract Information Lease Term: Other
  • Contract Information Availability Date: 2024-12-10
  • Contract Information Security Deposit2: 1395.0
  • General Property Information Above Grade Finished Area: 806.0
  • Pets Allowed Dogs OK: Yes
  • Pets Allowed Breed Restrictions: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Crown Molding, Storage
  • Appliances: Dishwasher, Electric Oven, Microwave, Refrigerator
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 1
  • Appliances Dishwasher: Yes
  • Interior Features:Storage3: Yes
  • Appliances:Electric Oven: Yes
  • Interior Features:Crown Molding: Yes
  • Laundry Features:In Unit: Yes

Exterior Features

  • Exterior Features: Balcony
  • Exterior Features:Balcony: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Assigned, Other
  • Parking Features:Assigned: Yes

Utilities

  • Heating: Electric
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Electric4: Yes

Condo/Co-op/Association

  • HOA Rent Includes: Water
  • Association Name: Elite Management Professionals
  • Association: Yes
  • Fees Pet Deposit: 500.0

Association/Amenities

  • General Property Information:Association Name: Elite Management Professionals
  • General Property Information:Association YN: Yes

Lot Info

  • Parcel #: 0725.04-81-2088 0326159

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 26, 2017
Sold by
Grove Steven T and Grove Sandra S
Bought by
Hensley Phillip Dean
Current Estimated Value
$260,316

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,670
Outstanding Balance
$90,507
Interest Rate
3.97%
Mortgage Type
New Conventional
Estimated Equity
$164,421

Purchase Details

Closed on
Sep 21, 2015
Sold by
Adcock Kevin A and Adcock Eric M
Bought by
Grove Steven T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,600
Interest Rate
3.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 27, 2005
Sold by
Waterford At Cary Park Llc
Bought by
Adcock Kevin A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,400
Interest Rate
5.25%
Mortgage Type
Fannie Mae Freddie Mac
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
Hensley Phillip Dean $115,000 None Available
Grove Steven T $104,000 Attorney
Adcock Kevin A $94,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hensley Phillip Dean $107,670
Previous Owner Grove Steven T $93,600
Previous Owner Adcock Kevin A $100,000
Previous Owner Adcock Kevin A $94,400
Previous Owner Erwin John R $238,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/13/2025 03/13/25 Rented $1,395 0.0% --
02/21/2025 02/21/25 Price Changed $1,395 -6.7% $2 / Sq Ft
12/11/2024 12/11/24 For Rent $1,495 -- --
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 $2,093 $247,184 $0 $247,184
2023 $2,244 $152,957 $0 $152,957
2022 $2,161 $152,957 $0 $152,957
2021 $1,465 $152,957 $0 $152,957
2020 $1,605 $152,957 $0 $152,957
2019 $1,385 $100,368 $0 $100,368
2018 $1,300 $100,368 $0 $100,368
2017 $1,250 $100,368 $0 $100,368
2016 $974 $100,368 $0 $100,368
2015 -- $107,255 $0 $107,255
2014 $1,015 $107,255 $0 $107,255
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 10066835

Doorify MLS

APN: 0725.04-81-2088-013