NOT LISTED FOR SALE

2808 Cowley Rd Cary, NC 27518

Estimated Value: $745,000 - $938,000

0.55 Acre
$1,592,715 Price per Acre
23,958 Sq Ft Lot

Last Sold September 21, 2021

Last sale price $210,000

Est. 317% increase in value since last sale

Current estimated payment $5,375/month

259 Days on Market

Highlights

  • Private Waterfront
  • Home fronts a pond
  • Wooded Lot
  • Swift Creek Elementary School Rated A-
  • Secluded Lot

About This Lot

As of September 2021

East Facing Lot! Waterfront Residential Homesite for Your New Home Opportunity! 2 adjacent homesites available. Bring your builder or buy finished home (MLS #2374197). City Water/Sewer @ street. Waterfowl allowed AND catch & release fishing from yard. Benefits of Cary City Limits, 15 Parks & 20 Golf courses w/in 10mi. Close to everything-Highway 64, Centrum Crossroads, & Mall! Less than 15min to RDU, Great Schools. No HOA. Builders/Developers welcome. Google fiber @ street. No impervious restrictions

Last Agent to Sell the Property

Mike Montpetit

Town & Country Realty, Inc. License #181906 Listed on: 11/16/2020

Last Buyer's Agent

Monica Navasguerra

Profit Point Real Estate License #307610

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $7,332

Lot Details

  • 0.55 Acre Lot
  • Lot Dimensions are 209x116x167x145
  • Home fronts a pond
  • Private Waterfront
  • 115 Feet of Waterfront
  • Secluded Lot
  • Corner Lot
  • Level Lot
  • Cleared Lot
  • Wooded Lot
  • Property is zoned R12

Property Views

  • Water Views

Schools

  • Swift Creek Elementary School
  • Dillard Middle School
  • Athens Dr High School

Utilities

  • Phone Available
  • Cable TV Available

Community Details

  • Franklin Heights Subdivision

Property Details

Property Type

Land

Est. Annual Taxes

$7,332

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Road Surface Type: Paved
  • Subdivision Name: Franklin Heights
  • General Property Information Lot Size Dimensions: 209x116x167x145
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • Lot Features Partially Cleared: Yes
  • Utilities Cable Available: Yes
  • General Property Information Water Frontage Length2: 115.0
  • Waterfront Access Private Ownership: Yes
  • Vegetation Wooded2: Yes
  • Vegetation Wooded Description: Hardwoods
  • Utilities Electricity Available: Yes
  • Utilities Phone Available: Yes
  • Utilities Water Available: Yes
  • Lot Water Features Water View: Yes
  • Lot Water Features Waterfront3: Yes
  • Vegetation Cleared2: Yes
  • General Property Information Lot Size Acres: 0.55
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Exterior Features

  • Water Body Name: Unnamed
  • Acres: 0.55
  • Waterfront Features: Pond
  • Waterfront: Yes
  • Lot Features:Corner Lot: Yes
  • Lot Features:Secluded: Yes
  • Lot Features:Level: Yes
  • Waterfront Features:Pond2: Yes
  • Lot Features:Other19: Yes

Utilities

  • Utilities: Cable Available, Electricity Available, Phone Available, Water Available
  • Water Source: Public

Schools

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

Lot Info

  • Zoning: R12
  • Current Use: Vacant
  • Lot Dimensions: 209x116x167x145
  • Lot Size Sq Ft: 23958.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

MLS Schools

  • Elementary School: Wake - Swift Creek

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 16, 2020
Closed on
Sep 20, 2021
Sold by
Alonso Jorge Fernando Romero
Bought by
Jimenez Junior Antonio Ruiz and Villalobos Stefany A
Seller's Agent
Mike Montpetit
Town & Country Realty, Inc.
Buyer's Agent
Monica Navasguerra
Profit Point Real Estate
List Price
$250,000
Sold Price
$210,000
Premium/Discount to List
-$40,000
-16%
Current Estimated Value
$875,993

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$665,993
Avg. Annual Appreciation
42.15%
Original Mortgage
$484,368
Outstanding Balance
$448,089
Interest Rate
3.37%
Mortgage Type
Construction
Estimated Equity
$394,303
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
Jimenez Junior Antonio Ruiz $210,000 None Available
Jimenez Junior Antonio Ruiz $210,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jimenez Junior Antonio Ruiz $484,368
Closed Jimenez Junior Antonio Ruiz $484,368
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2023 12/15/23 Off Market $210,000 -- --
09/21/2021 09/21/21 Sold $210,000 -8.3% --
08/02/2021 08/02/21 Pending -- -- --
03/19/2021 03/19/21 Price Changed $229,000 -2.6% --
01/28/2021 01/28/21 Price Changed $235,000 -6.0% --
11/16/2020 11/16/20 For Sale $250,000 -- --
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
2024 $7,332 $872,073 $230,000 $642,073
2023 $1,714 $171,100 $43,000 $128,100
2022 $415 $43,000 $43,000 $0
2021 $406 $43,000 $43,000 $0
2020 $409 $43,000 $43,000 $0
2019 $407 $38,000 $38,000 $0
2018 $0 $38,000 $38,000 $0
2017 $0 $38,000 $38,000 $0
2016 $0 $38,000 $38,000 $0
2015 -- $70,000 $70,000 $0
2014 -- $70,000 $70,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Mike Montpetit

    Seller's Agent in 2021

    Mike Montpetit

    Town & Country Realty, Inc.

    (919) 614-9100

    365 Total Sales

    Mike Montpetit
    Section Image
  • Monica Navasguerra

    Buyer's Agent in 2021

    Monica Navasguerra

    Profit Point Real Estate

    (919) 650-8250

    65 Total Sales

    Monica Navasguerra
    Section Image

  • M

    Buyer's Agent in 2021

    Monica Guerra

    JA REALTY & CONSULTING LLC

See All Agents

Map

Source: Doorify MLS

MLS Number: 2353833

Doorify MLS

APN: 0772.10-35-3457-000

North Carolina Wake County Cary 27518

2808 Cowley Rd, Cary, NC

This home is located at 2808 Cowley Rd, Cary, NC 27518 since 16 November 2020 and is currently estimated at $875,993. 2808 Cowley Rd is a home located in Wake County with nearby schools including Swift Creek Elementary School, Dillard Drive Magnet Middle School, and Thales Academy Cary Pre-K-6.

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