NOT LISTED FOR SALE

240 Fairview Rd Cary, NC 27511

South Cary Neighborhood

Estimated Value: $279,000

3 Beds
2 Baths
1,491 Sq Ft
$187/Sq Ft Est. Value

Last Sold September 08, 2022

Last sale price $355,000 $238 Per Sq Ft

Est. 21% decrease in value since last sale

Current estimated payment $1,764/month

Highlights

  • No HOA
  • Bungalow
  • Forced Air Heating and Cooling System
  • Cary Elementary Rated A
  • 1-Story Property
  • 1 Car Garage

About This Home

As of September 2022

Sold off-market as a tear-down.

Last Agent to Sell the Property

Ashley Quinn

Premier Agents Network License #291833 Listed on: 07/25/2022

Last Buyer's Agent

Ashley Quinn

Allen Tate/Wake Forest

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,713

Year Built

  • Built in 1977

Lot Details

  • 0.35

Parking

  • 1 Car Garage

Home Design

  • Bungalow
  • Wood Siding

Interior Spaces

  • 1,491 Sq Ft Home
  • 1-Story Property
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

  • Wake County Schools Elementary And Middle School
  • Wake County Schools High School

Additional Features

  • 0.35 Acre Lot
  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • Coronado Village Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,713

Year Built

Built in 1977

Lot Details

0

Parking

1

Listing Details

  • Year Built: 1977
  • Prop. Type: Residential
  • Subdivision Name: Coronado Village
  • Above Grade Finished Sq Ft: 1491.0
  • Architectural Style: Bungalow
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Contract Information Ownership Type: Other
  • General Property Information Lot Size Dimensions: see plat
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: No
  • Cooling Central Air: Yes
  • Levels One: Yes
  • Structure Type Site Built: Yes
  • Flooring Carpet: Yes
  • Room Types Primary Bedroom Level: M
  • Architectural Style Bungalow: Yes
  • General Property Information Above Grade Finished Area: 1491.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 15246.0
  • General Property Information Lot Size Acres: 0.35
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Total Bedrooms: 6

Exterior Features

  • Acres: 0.35
  • Construction Type: Wood Siding
  • Construction Materials:Wood Siding: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Garage
  • Parking Features:Garage: Yes
  • General Property Information:Garage Spaces: 1.0

Utilities

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

Condo/Co-op/Association

  • Association: No

Schools

  • Ninth Grade High School: Wake County Schools
  • Middle Or Junior School: Wake County Schools

Lot Info

  • Lot Dimensions: see plat
  • Lot Size Sq Ft: 15246.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2713.0
  • Tax Year: 2022

MLS Schools

  • Elementary School: Wake County Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 19, 2023
Sold by
Reward Builders Inc
Bought by
Wang Long and Lam Puishan
Current Estimated Value
$279,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,287,200
Outstanding Balance
$1,262,174
Interest Rate
7.18%
Mortgage Type
Construction
Estimated Equity
-$983,174

Purchase Details

Listed on
Jul 25, 2022
Closed on
Sep 8, 2022
Sold by
Dunphy Kenneth J
Bought by
Reward Builders Inc
Seller's Agent
Ashley Quinn
Premier Agents Network
Buyer's Agent
Ashley Quinn
Premier Agents Network
List Price
$350,000
Sold Price
$355,000
Premium/Discount to List
$5,000
1.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-7.52%
Original Mortgage
$770,000
Interest Rate
5.3%
Mortgage Type
Construction
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
Wang Long $550,000 None Listed On Document
Reward Builders Inc $355,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wang Long $1,287,200
Previous Owner Reward Builders Inc $770,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/15/2023 12/15/23 Off Market $355,000 -- --
09/09/2022 09/09/22 Pending -- -- --
09/09/2022 09/09/22 For Sale $350,000 -1.4% $235 / Sq Ft
09/08/2022 09/08/22 Sold $355,000 -- $238 / 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 $10,678 $1,243,500 $275,000 $968,500
2024 $2,414 $287,850 $275,000 $12,850
2023 $2,819 $279,313 $140,000 $139,313
2022 $2,714 $279,313 $140,000 $139,313
2021 $2,660 $279,313 $140,000 $139,313
2020 $2,673 $279,313 $140,000 $139,313
2019 $2,301 $213,050 $106,000 $107,050
2018 $2,160 $213,050 $106,000 $107,050
2017 $2,076 $213,050 $106,000 $107,050
2016 $2,045 $213,050 $106,000 $107,050
2015 $1,769 $177,629 $64,000 $113,629
2014 $1,668 $177,629 $64,000 $113,629
Source: Public Records

Agents Affiliated with this Home

  • Ashley Quinn

    Seller's Agent in 2022

    Ashley Quinn

    Premier Agents Network

    (919) 622-9950

    7 in this area

    225 Total Sales

    Ashley Quinn
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Map

Source: Doorify MLS

MLS Number: 2473359

Doorify MLS

APN: 0763.07-69-7984-000

North Carolina Wake County Cary 27511 South Cary

240 Fairview Rd, Cary, NC

This home is located at 240 Fairview Rd, Cary, NC 27511 since 25 July 2022 and is currently estimated at $279,000, approximately $187 per square foot. This property was built in 1977. 240 Fairview Rd is a home located in Wake County with nearby schools including Cary Elementary, East Cary Middle School, and Cary High School.

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.

Doorify MLS Some IDX listings have been excluded from this IDX display. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. Listings marked with an icon are provided courtesy of the Doorify MLS, Inc. of North Carolina, Internet Data Exchange Database. Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property. Copyright 2025 Doorify MLS, Inc. of North Carolina. All rights reserved.

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