NOT LISTED FOR SALE

2500 Piney Plains Rd Cary, NC 27518

Estimated Value: $435,000 - $504,666

4 Beds
2 Baths
1,578 Sq Ft
$295/Sq Ft Est. Value

Last Sold July 27, 2022

Last sale price $900,000 $570 Per Sq Ft

Est. 48% decrease in value since last sale

Current estimated payment $2,763/month

26 Days on Market

Highlights

  • Ranch Style House
  • No HOA
  • Wood Burning Fireplace
  • Wood Flooring
  • Forced Air Heating and Cooling System

About This Home

As of July 2022

LAND DEVELOPMENT OPPORTUNITY IN CARY! This property is being sold both as a single family home as well as a 2.08 acre lot with unlimited possibilities. Great location. House sold AS IS, NO REPAIRS. Convenient to shopping and restaurants. Easy access to RDU, RTP, APEX, CARY, RALEIGH.

Last Agent to Sell the Property

Monte Maney

Coldwell Banker Advantage License #263020 Listed on: 04/30/2022

Coldwell Banker Advantage

Last Buyer's Agent

Nasim Saleh

Costello Real Estate & Investm License #320922

Costello Real Estate & Investm

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,207

Year Built

  • Built in 1954

Lot Details

  • 2.08 Acre Lot
  • Cleared Lot
  • Property is zoned R40

Parking

  • 2 Car Garage
  • 2 Carport Spaces

Home Design

  • Ranch Style House
  • Traditional Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,578 Sq Ft Home
  • Wood Burning Fireplace
  • Living Room with Fireplace

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Schools

  • Dillard Elementary And Middle School
  • Athens Dr High School

Utilities

  • Forced Air Heating and Cooling System
  • Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,207

Year Built

Built in 1954

Lot Details

0

Parking

2

Listing Details

  • Year Built: 1954
  • Prop. Type: Residential
  • Road Frontage Type: Other
  • Subdivision Name: Not in a Subdivision
  • Above Grade Finished Sq Ft: 1578.0
  • Architectural Style: Ranch, Traditional
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Contract Information Ownership Type: Other
  • General Property Information Lot Size Dimensions: irregular
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: Yes
  • Architectural Style Ranch: Yes
  • Cooling Central Air: Yes
  • Levels One: Yes
  • Structure Type Site Built: Yes
  • Flooring Carpet: Yes
  • Flooring Hardwood: Yes
  • Lot Features Partially Cleared: Yes
  • Water Source Well: Yes
  • Architectural Style Traditional: Yes
  • Room Types Primary Bedroom Level: M
  • General Property Information Above Grade Finished Area: 1578.0
  • General Property Information Carport YN: No
  • General Property Information Carport Spaces2: 2.0
  • General Property Information Lot Size Square Feet2: 90604.8
  • General Property Information Lot Size Acres: 2.08
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Hardwood
  • Appliances: Electric Water Heater
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Living Room, Wood Burning
  • Fireplaces: 1
  • Appliances:Electric Water Heater: Yes
  • Fireplace Features:Wood Burning: Yes
  • Fireplace Features:Living Room: Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Acres: 2.08
  • Construction Type: Brick
  • Construction Materials:Brick: Yes

Garage/Parking

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

Utilities

  • Heating: Electric, Forced Air
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Well
  • Heating:Electric4: Yes
  • Heating:Forced Air: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Ninth Grade High School: Wake - Athens Dr
  • Middle Or Junior School: Wake - Dillard

Lot Info

  • Zoning: R40
  • Lot Dimensions: irregular
  • Lot Size Sq Ft: 90604.8
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2207.0
  • Tax Year: 2021

MLS Schools

  • Elementary School: Wake - Dillard

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 30, 2022
Closed on
Jul 27, 2022
Sold by
Rex Frazier
Bought by
Habta Mahir Zuhdi and Barakat Neda
Seller's Agent
Monte Maney
Coldwell Banker Advantage
Buyer's Agent
Nasim Saleh
Costello Real Estate & Investm
List Price
$999,000
Sold Price
$900,000
Premium/Discount to List
-$99,000
-9.91%
Current Estimated Value
$465,917

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$434,083
Avg. Annual Appreciation
-18.34%
Original Mortgage
$534,000
Outstanding Balance
$511,606
Interest Rate
5.78%
Mortgage Type
New Conventional
Estimated Equity
-$45,689

Purchase Details

Closed on
Feb 19, 2018
Sold by
Frazier Lydia Ann
Bought by
Frazier Lydia Ann and The Clarence Frazier Supplemtntal

Purchase Details

Closed on
Apr 2, 2013
Sold by
Frazier C L and Frazier Rebecca C
Bought by
Frazier Rebecca C
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
Habta Mahir Zuhdi $225,000 None Listed On Document
Habta Mahir Zuhdi $225,000 None Listed On Document
Habta Mahir Zuhdi $225,040 None Listed On Document
Habta Mahir Zuhdi $225,400 None Listed On Document
Frazier Lydia Ann -- None Available
Frazier Rebecca C -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Habta Mahir Zuhdi $534,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/15/2023 12/15/23 Off Market $900,000 -- --
07/27/2022 07/27/22 Sold $900,000 -9.9% $570 / Sq Ft
05/26/2022 05/26/22 Pending -- -- --
04/30/2022 04/30/22 For Sale $999,000 -- $633 / 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 -- $461,413 $276,000 $185,413
2024 $3,889 $461,413 $276,000 $185,413
2023 $2,339 $231,462 $102,000 $129,462
2022 $2,252 $231,462 $102,000 $129,462
2021 $2,207 $231,462 $102,000 $129,462
2020 $2,219 $231,462 $102,000 $129,462
2019 $2,165 $200,344 $102,000 $98,344
2018 $2,032 $200,344 $102,000 $98,344
2017 $1,953 $200,344 $102,000 $98,344
2016 $1,924 $200,344 $102,000 $98,344
2015 $1,888 $189,763 $96,000 $93,763
2014 $1,781 $189,763 $96,000 $93,763
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2446022

Doorify MLS

APN: 0772.10-27-8106-000