NOT LISTED FOR SALE

307 Madison Grove Place Cary, NC 27519

Carpenter Neighborhood

Estimated Value: $414,000 - $481,000

4 Beds
3.5 Baths
1,840 Sq Ft
$244/Sq Ft Est. Value

Last Sold April 18, 2023

Last sale price $440,000 $239 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $3,022/month

6 Days on Market

Highlights

  • Traditional Architecture
  • Bonus Room
  • High Ceiling
  • Carpenter Elementary Rated A
  • End Unit
  • 4-minute walk to Patriot's Playground

About This Home

As of April 2023

Beautiful, extremely well maintained end-unit townhome! Detached garage with independent living space which features a full kitchen and full bathroom w/separate water heater and separate electric meter. Renovations galore! New LVP flooring! Freshly painted! 9' ceilings! Gas Log fireplace! Nest thermostat, bluetooth water heater, modern light fixtures, subway tile backsplash, SS appliances, quartz counters, soft-close cabinets, crown molding, built-in desk and two pantrys! Encapsulated crawlspace! PLUS enjoy easy access to Carpenter Park which has 3 pickle ball courts, basketball, playground, lake, walking trail and community garden! Must see to fully appreciate!

Last Agent to Sell the Property

Carson Cobb

RE/MAX United License #213854 Listed on: 03/16/2023

RE/MAX United

Last Buyer's Agent

Keith Childers

Highgarden Real Estate NC License #316239

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,814

Year Built

  • Built in 1997

Lot Details

  • 1,742 Sq Ft Lot
  • End Unit

HOA Fees

Parking

  • 1 Car Garage
  • Garage Door Opener
  • Private Driveway

Home Design

  • Traditional Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,840 Sq Ft Home
  • 3-Story Property
  • Smooth Ceilings
  • High Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Blinds
  • Entrance Foyer
  • Living Room with Fireplace
  • Combination Kitchen and Dining Room
  • Home Office
  • Bonus Room
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Quartz Countertops

Flooring

  • Carpet
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • In-Law or Guest Suite
  • Walk-in Shower

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Covered Patio or Porch
  • Rain Gutters

Schools

  • Carpenter Elementary School
  • Alston Ridge Middle School
  • Green Hope High School

Utilities

  • Zoned Heating and Cooling
  • Heating System Uses Natural Gas
  • Electric Water Heater

Community Details

Overview

  • Carpenter Village Subdivision

Recreation

  • Community Pool

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,814

Year Built

Built in 1997

Lot Details

0

HOA Fees

$275 per month

Parking

1

Listing Details

  • Year Built: 1997
  • Prop. Type: Residential
  • Subdivision Name: Carpenter Village
  • Above Grade Finished Sq Ft: 1840.0
  • Architectural Style: Traditional
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • New Construction: No
  • Contract Information Ownership Type: Townhouse
  • General Property Information Above Grade Unfinished Area: 320.0
  • General Property Information Total Unfinished Area2: 320.0
  • General Property Information Lot Size Dimensions: x
  • 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: Yes
  • Appliances Microwave: Yes
  • Flooring Luxury Vinyl: Yes
  • Interior Features KitchenDining Room Combination: Yes
  • Laundry Features Main Level: Yes
  • Sewer:Public Sewer: Yes
  • Structure Type Site Built: Yes
  • Water Source Public: Yes
  • Cooling:Electric: Yes
  • Cooling Zoned: Yes
  • Flooring Carpet: Yes
  • Interior Features Smooth Ceilings: Yes
  • Room Types Bedroom 2 Level: 2
  • Room Types Bedroom 3 Level: 2
  • Room Types Bonus Room: Yes
  • Room Types Dining Room2: Yes
  • Architectural Style Traditional: Yes
  • Room Types Office: Yes
  • Room Types Primary Bedroom Level: 2
  • Appliances Refrigerators: Yes
  • Room Types Living Room2: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Common Walls End Unit: Yes
  • Levels Three Or More: Yes
  • In-Law Suite Details Separate Entry: Yes
  • Interior Features Room Over Garage: Yes
  • In-Law Suite Details Separate Building: Yes
  • In-Law Suite Details With Kitchen: Yes
  • General Property Information Above Grade Finished Area: 1840.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 1742.4
  • General Property Information Lot Size Acres: 0.04
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Flooring: Carpet, Luxury Vinyl
  • Interior Amenities: Ceiling Fan(s), Eat-in Kitchen, Entrance Foyer, High Ceilings, In-Law Floorplan, Kitchen/Dining Room Combination, Quartz Counters, Room Over Garage, Smooth Ceilings, Walk-In Closet(s), Walk-In Shower
  • Basement: Crawl Space
  • Appliances: Dishwasher, Dryer, Electric Range, Electric Water Heater, Microwave, Plumbed For Ice Maker, Refrigerator, Washer
  • Basement YN: No
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Gas, Gas Log, Living Room
  • Fireplaces: 1
  • Total Bedrooms: 9
  • Appliances Dishwasher: Yes
  • Appliances:Plumbed For Ice Maker: Yes
  • Community Features:Pool2: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Interior Features:Entrance Foyer: Yes
  • Interior Features:High Ceilings: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Walk-In Shower: Yes
  • Basement:Crawl Space: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Interior Features:Quartz Counters: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Range: Yes
  • Fireplace Features:Gas Log: Yes
  • Fireplace Features:Living Room: Yes
  • Fireplace Features:Gas4: Yes
  • Interior Features:In-Law Floorplan: Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Exterior Features: Rain Gutters
  • Acres: 0.04
  • Common Walls: End Unit
  • Construction Type: Brick, Fiber Cement
  • Patio And Porch Features: Covered, Patio, Porch
  • Construction Materials:Fiber Cement: Yes
  • Exterior Features:Rain Gutters: Yes
  • Patio and Porch Features:Porch: Yes
  • Window Features:Blinds: Yes
  • Patio And Porch Features:Covered2: Yes
  • Patio And Porch Features:Patio: Yes
  • Construction Materials:Brick: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Concrete, Driveway, Garage, Garage Door Opener
  • Parking Features:Garage: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Concrete4: Yes
  • Parking Features:Driveway: Yes
  • General Property Information:Garage Spaces: 1.0

Utilities

  • Heating: Natural Gas, Zoned
  • Cooling: Electric, Zoned
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Zoned2: Yes

Condo/Co-op/Association

  • Community Features: Pool
  • Association #2 Fee: 225.75
  • Association #2 Fee Frequency: Quarterly
  • Association Fee: 200.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • General Property Information:Association Fee: 200.0
  • General Property Information:Association Fee Frequency: Monthly
  • General Property Information:Association Fee 2: 225.75
  • General Property Information:Association Fee 2 Frequency: Quarterly

Schools

  • Ninth Grade High School: Wake - Green Hope
  • Middle Or Junior School: Wake - Alston Ridge

Lot Info

  • Lot Dimensions: x
  • Lot Size Sq Ft: 1742.4
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2814.0

MLS Schools

  • Elementary School: Wake - Carpenter

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 16, 2023
Closed on
Apr 18, 2023
Sold by
Courage Richard J and Courage Theresa E
Bought by
Pannell Robert Anthony and Pannell Christi Renee
Seller's Agent
Carson Cobb
RE/MAX United
Buyer's Agent
Keith Childers
Highgarden Real Estate NC
List Price
$454,900
Sold Price
$440,000
Premium/Discount to List
-$14,900
-3.28%
Views
46
Current Estimated Value
$448,642

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,642
Avg. Annual Appreciation
1.70%
Original Mortgage
$396,000
Outstanding Balance
$387,496
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
$70,680

Purchase Details

Closed on
Dec 15, 1998
Sold by
Impact Design Build General Contractors
Bought by
Humphreys Theresa E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,900
Interest Rate
6.9%
Source: Public Records

Range of Values:

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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
Pannell Robert Anthony -- None Listed On Document
Pannell Robert Anthony $440,000 None Listed On Document
Humphreys Theresa E $160,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pannell Robert Anthony $396,000
Previous Owner Courage Theresa $224,000
Previous Owner Courage Theresa E $51,000
Previous Owner Courage Theresa E $9,300
Previous Owner Courage Theresa E $146,400
Previous Owner Courage Richard J $63,100
Previous Owner Humphreys Theresa E $151,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2023 12/15/23 Off Market $440,000 -- --
04/18/2023 04/18/23 Sold $440,000 -3.3% $239 / Sq Ft
03/22/2023 03/22/23 Pending -- -- --
03/16/2023 03/16/23 For Sale $454,900 -- $247 / 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
2024 $3,850 $454,344 $95,000 $359,344
2023 $2,922 $304,043 $73,000 $231,043
2022 $2,814 $287,624 $73,000 $214,624
2021 $2,758 $287,624 $73,000 $214,624
2020 $2,772 $287,624 $73,000 $214,624
2019 $2,543 $233,794 $60,000 $173,794
2018 $2,388 $233,794 $60,000 $173,794
2017 $2,296 $233,794 $60,000 $173,794
2016 $2,262 $233,794 $60,000 $173,794
2015 $2,044 $203,514 $40,000 $163,514
2014 $1,929 $203,514 $40,000 $163,514
Source: Public Records

Agents Affiliated with this Home

  • Carson Cobb

    Seller's Agent in 2023

    Carson Cobb

    RE/MAX United

    (919) 306-6067

    1 in this area

    90 Total Sales

    Carson Cobb
    Section Image

  • K

    Buyer's Agent in 2023

    Keith Childers

    Highgarden Real Estate NC

    Section Image
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Map

Source: Doorify MLS

MLS Number: 2500026

Doorify MLS

APN: 0745.03-33-0833-000

North Carolina Wake County Cary 27519 Carpenter

307 Madison Grove Place, Cary, NC

This home is located at 307 Madison Grove Place, Cary, NC 27519 since 16 March 2023 and is currently estimated at $448,642, approximately $243 per square foot. This property was built in 1997. 307 Madison Grove Place is a home located in Wake County with nearby schools including Carpenter Elementary, Alston Ridge Middle School, and Green Hope High.

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.

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