NOT LISTED FOR SALE

301 Glen Echo Ln Unit D Cary, NC 27518

Lochmere Neighborhood

Estimated Value: $320,511 - $370,000

2 Beds
2 Baths
1,215 Sq Ft
$299/mo HOA Fee

Last Sold October 04, 2023

Last sale price $310,000 $255 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $2,299/month

33 Days on Market

Highlights

  • Waterfront
  • Transitional Architecture
  • Tennis Courts
  • Clubhouse
  • Community Pool
  • Covered Patio or Porch

About This Home

As of October 2023

A tranquil lake view condo in the desirable Lochmere community of Cary rarely available. Enjoy the serenity of green trees and the lake on the covered balcony through a new sliding glass door right from the living room. The natural light pours in large windows in the dining room. Retreat from the open floor plan to the two bedrooms with new carpet, both have access to separate full bathrooms with new toilets, and the primary has ample custom closet space. Fresh neutral paint throughout and thoughtful upgrades. Step outside with easy access to a paved walking trail around the lake, a clubhouse, tennis, the pool, even pickleball. Conveniently located near shopping, dinning, and major highways.

Last Agent to Sell the Property

Ashley Jenkins

Property Specific, LLC License #327791 Listed on: 08/02/2023

Last Buyer's Agent

Mary Barone

Robbins and Associates Realty License #262616

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,184

Year Built

  • Built in 1996

HOA Fees

Parking

  • Parking Lot

Home Design

  • Transitional Architecture
  • Entry on the 1st floor
  • Wood Siding

Interior Spaces

  • 1,215 Sq Ft Home
  • 1-Story Property
  • Smooth Ceilings
  • Ceiling Fan
  • Blinds
  • Luxury Vinyl Tile Flooring
  • Water Views

Kitchen

  • Self-Cleaning Oven
  • Electric Cooktop
  • Plumbed For Ice Maker
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Walk-in Shower

Schools

  • Dillard Elementary And Middle School
  • Athens Dr High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Heat Pump System
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Covered Patio or Porch
  • Waterfront

Community Details

Overview

  • Association fees include insurance, ground maintenance, maintenance structure, sewer
  • R.S. Finscher Association
  • Hrw Association
  • Lochmere Subdivision

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool
  • Trails

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,184

Year Built

Built in 1996

Lot Details

0

HOA Fees

$299 per month

Listing Details

  • Year Built: 1996
  • Prop. Type: Residential
  • Reso Association Fee Includes: Insurance, Maintenance Grounds, Maintenance Structure, Sewer
  • Subdivision Name: Lochmere
  • Above Grade Finished Sq Ft: 1215.0
  • Architectural Style: Transitional
  • Carport Y N: No
  • Entry Level: 1
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Contract Information Ownership Type: Condominium
  • General Property Information Lot Size Dimensions: 0
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Association Fee 2 Required YN: Yes
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: No
  • Architectural Style Transitional: Yes
  • Cooling Central Air: Yes
  • Flooring Luxury Vinyl: Yes
  • Interior Features BathtubShower Combination: Yes
  • Levels One: Yes
  • Structure Type Site Built: Yes
  • Interior Features Smooth Ceilings: Yes
  • Room Types Primary Bedroom Level: M
  • Appliances Refrigerators: Yes
  • Utilities Cable Available: Yes
  • General Property Information Association Name 2: HRW
  • Lot Water Features Water View: Yes
  • General Property Information Above Grade Finished Area: 1215.0
  • General Property Information Carport YN: No
  • General Property Information:Living Area3: 1215.0
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Luxury Vinyl
  • Interior Amenities: Bathtub/Shower Combination, Ceiling Fan(s), High Speed Internet, Smooth Ceilings, Walk-In Closet(s), Walk-In Shower
  • Appliances: Dishwasher, Electric Cooktop, Electric Range, Electric Water Heater, Plumbed For Ice Maker, Refrigerator, Self Cleaning Oven
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Entry Location: 1st Floor
  • Appliances Dishwasher: Yes
  • Appliances:Plumbed For Ice Maker: Yes
  • Community Features:Playground2: Yes
  • Community Features:Pool2: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Walk-In Shower: Yes
  • Community Features:Street Lights: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Range: Yes
  • Appliances:Electric Cooktop: Yes
  • Appliances:Self Cleaning Oven: Yes
  • Interior Features:High Speed Internet: Yes

Exterior Features

  • Water Body Name: Lochmere Lake
  • Waterfront: Yes
  • Construction Type: Wood Siding
  • Patio And Porch Features: Covered, Porch
  • Patio and Porch Features:Porch: Yes
  • Window Features:Blinds: Yes
  • Patio And Porch Features:Covered2: Yes
  • Construction Materials:Wood Siding: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Parking Lot
  • Parking Features:Parking Lot: Yes

Utilities

  • Utilities: Cable Available
  • Heating: Electric, Heat Pump, Natural Gas
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Electric4: Yes
  • Heating:Natural Gas: Yes
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Community Features: Playground, Pool, Street Lights
  • Association #2 Fee: 711.0
  • Association #2 Fee Frequency: Annually
  • Association Fee: 240.0
  • Association Fee Frequency: Monthly
  • Association: HRW
  • Association Name: R.S. Finscher
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: R.S. Finscher
  • Association Amenities:Pool: Yes
  • Association Amenities:Trail(s): Yes
  • Association Fee Includes:Maintenance Grounds2: Yes
  • Association Amenities:Tennis Courts: Yes
  • Association Fee Includes:Insurance2: Yes
  • Association Fee Includes:Maintenance Structure2: Yes
  • Association Amenities:Clubhouse: Yes
  • Association Fee Includes:Sewer: Yes
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 240.0
  • General Property Information:Association Fee Frequency: Monthly
  • General Property Information:Association Fee 2: 711.0
  • General Property Information:Association Fee 2 Frequency: Annually

Schools

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

Lot Info

  • Lot Dimensions: 0

Tax Info

  • Tax Annual Amount: 2184.0
  • Tax Year: 2023

MLS Schools

  • Elementary School: Wake - Dillard

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 2, 2023
Closed on
Oct 3, 2023
Sold by
Neuberth Ross Lee
Bought by
Maliszewski Shea Braden and Maliszewski Angela Kathleen
Seller's Agent
Ashley Jenkins
Property Specific, LLC
Buyer's Agent
Mary Barone
Robbins and Associates Realty
List Price
$335,000
Sold Price
$310,000
Premium/Discount to List
-$25,000
-7.46%
Views
300
Current Estimated Value
$337,628

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,628
Avg. Annual Appreciation
3.94%
Original Mortgage
$217,000
Outstanding Balance
$212,821
Interest Rate
7.23%
Mortgage Type
New Conventional
Estimated Equity
$124,807

Purchase Details

Closed on
Oct 6, 2017
Sold by
Stallings Kimberly Marie
Bought by
Neuberth Ross Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
3.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 21, 2016
Sold by
Carroll Marla E
Bought by
Stallings Kimberly Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,699
Interest Rate
3.98%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 29, 2014
Sold by
Carroll Marla F
Bought by
Carroll Marla E and Marla E Carroll Revocable Trust

Purchase Details

Closed on
May 31, 2006
Sold by
Dermer Lynn
Bought by
Carroll Marla E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,750
Interest Rate
6.44%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 18, 1998
Sold by
Kelly James Paul
Bought by
Dermer Lynn D
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Maliszewski Shea Braden $310,000 None Listed On Document
Maliszewski Shea Braden $310,000 None Listed On Document
Neuberth Ross Lee $200,000 None Available
Stallings Kimberly Marie $169,000 None Available
Carroll Marla E -- None Available
Carroll Marla E $144,000 None Available
Dermer Lynn D $116,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Maliszewski Shea Braden $217,000
Closed Maliszewski Shea Braden $217,000
Previous Owner Neuberth Ross Lee $180,000
Previous Owner Stallings Kimberly Marie $157,699
Previous Owner Carroll Marla E $78,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/14/2023 12/14/23 Off Market $310,000 -- --
10/04/2023 10/04/23 Sold $310,000 -4.6% $255 / Sq Ft
09/04/2023 09/04/23 Pending -- -- --
08/22/2023 08/22/23 Price Changed $325,000 -3.0% $267 / Sq Ft
08/02/2023 08/02/23 For Sale $335,000 -- $276 / 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 $2,682 $310,567 -- $310,567
2024 $2,624 $310,567 $0 $310,567
2023 $2,184 $215,996 $0 $215,996
2022 $2,103 $215,996 $0 $215,996
2021 $2,061 $215,996 $0 $215,996
2020 $2,265 $215,996 $0 $215,996
2019 $1,945 $163,573 $0 $163,573
2018 $1,826 $163,573 $0 $163,573
2017 $1,755 $163,573 $0 $163,573
2016 $1,575 $163,573 $0 $163,573
2015 -- $154,578 $0 $154,578
2014 $1,454 $154,578 $0 $154,578
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2524682

Doorify MLS

APN: 0762.19-62-5075-048