NOT LISTED FOR SALE

309 Glen Echo Ln Unit A Cary, NC 27518

Lochmere Neighborhood

Estimated Value: $337,000 - $368,000

3 Beds
2 Baths
1,360 Sq Ft
$330/ mo HOA Fee

Last Sold July 28, 2021

Last sale price $285,000 $210 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $2,394/month

7 Days on Market

Highlights

  • Waterfront
  • Wood Flooring
  • Community Pool
  • Transitional Architecture
  • Great Room with Fireplace
  • Tennis Courts

About This Home

As of July 2021

Rare opportunity to own a Lake View condo in prime Cary location in Lochridge Lakeside community. Located minutes from shopping and close to Western Wake Med and easy access to Highways 64-US 1. This 1st floor condo has 3 bedrooms and 2 full bathrooms, open floor plan, kitchen island & large primary w/walk-in closet. Plenty of parking spaces, and includes a storage unit. Relax on the private covered deck and enjoy lake views. Great community with trails, access to pool, tennis and Lochmere amenities.

Last Agent to Sell the Property

Laurene Sieli

Redfin Corporation License #293259 Listed on: 05/28/2021

Redfin Corporation

Last Buyer's Agent

George Wilson

Raleigh Cary Realty Inc. License #223959

Raleigh Cary Realty Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,265

Year Built

  • Built in 1995

HOA Fees

Parking

  • Parking Lot

Home Design

  • Transitional Architecture
  • Entry on the 1st floor
  • Masonite

Interior Spaces

  • 1,360 Sq Ft Home
  • 1-Story Property
  • Smooth Ceilings
  • Ceiling Fan
  • Entrance Foyer
  • Great Room with Fireplace
  • Living Room
  • Combination Kitchen and Dining Room
  • Storage
  • Laundry closet
  • Water Views

Kitchen

  • Electric Range
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Separate Shower in Primary Bathroom
  • Soaking Tub
  • Bathtub with Shower
  • Separate Shower

Schools

  • Dillard Elementary And Middle School
  • Athens Dr High School

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Covered Patio or Porch
  • Waterfront

Community Details

Overview

  • Association fees include road maintenance
  • Lochridge Lakeside Subdivision

Recreation

  • Tennis Courts
  • Community Pool
  • Trails

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,265

Year Built

Built in 1995

Lot Details

0 Sq Ft Lot

HOA Fees

$330 per month

Listing Details

  • Year Built: 1995
  • Prop. Type: Residential
  • Reso Association Fee Includes: Road Maintenance
  • Subdivision Name: Lochridge Lakeside
  • Above Grade Finished Sq Ft: 1360.0
  • 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: Yes
  • Appliances Microwave: Yes
  • Architectural Style Transitional: Yes
  • Cooling Central Air: Yes
  • Interior Features BathtubShower Combination: Yes
  • Interior Features KitchenDining Room Combination: Yes
  • Levels One: Yes
  • Structure Type Site Built: Yes
  • Flooring Carpet: Yes
  • Flooring Hardwood: Yes
  • Interior Features Separate Shower: Yes
  • Interior Features Smooth Ceilings: Yes
  • Room Types Bedroom 2 Level: M
  • Room Types Bedroom 3 Level: M
  • Room Types Dining Room2: Yes
  • Room Types Primary Bedroom Level: M
  • Room Types Great Room2: Yes
  • Room Types Living Room2: Yes
  • Laundry Features Laundry Closet: Yes
  • Lot Water Features Water View: Yes
  • Lot Water Features Waterfront3: Yes
  • General Property Information Above Grade Finished Area: 1360.0
  • General Property Information Carport YN: No
  • General Property Information:Living Area3: 1360.0
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Carpet, Hardwood
  • Interior Amenities: Bathtub/Shower Combination, Ceiling Fan(s), Entrance Foyer, Kitchen/Dining Room Combination, Separate Shower, Smooth Ceilings, Soaking Tub, Storage, Walk-In Closet(s), Walk-In Shower
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Microwave, Plumbed For Ice Maker
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Entry Location: 1st Floor
  • Fireplace Features: Great Room
  • Fireplaces: 1
  • 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:Walk-In Closet(s): Yes
  • Interior Features:Walk-In Shower: Yes
  • Community Features:Street Lights: Yes
  • Interior Features:Storage3: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Soaking Tub: Yes
  • Fireplace Features:Great Room: Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Water Body Name: Unnamed
  • Waterfront: Yes
  • Construction Type: Masonite
  • Patio And Porch Features: Covered, Porch
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Covered2: Yes
  • Construction Materials:Masonite: Yes

Garage/Parking

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

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

  • Community Features: Pool, Street Lights
  • Association #2 Fee: 623.0
  • Association #2 Fee Frequency: Annually
  • Association Fee: 278.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • Association Amenities:Pool: Yes
  • Association Amenities:Trail(s): Yes
  • Association Amenities:Tennis Courts: Yes
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 278.0
  • General Property Information:Association Fee Frequency: Monthly
  • General Property Information:Association Fee 2: 623.0
  • General Property Information:Association Fee 2 Frequency: Annually

Schools

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

Lot Info

  • Lot Dimensions: 0

Tax Info

  • Tax Annual Amount: 2265.0
  • Tax Year: 2020

MLS Schools

  • Elementary School: Wake - Dillard

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 28, 2021
Closed on
Jul 9, 2021
Sold by
Cooper Myra Weiss
Bought by
Nelson Gary Lee and Nelson Renea Mcdonald
Seller's Agent
Laurene Sieli
Redfin Corporation
Buyer's Agent
George Wilson
Raleigh Cary Realty Inc.
List Price
$274,900
Sold Price
$285,000
Premium/Discount to List
$10,100
3.67%
Current Estimated Value
$356,256

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$71,256
Avg. Annual Appreciation
4.96%
Original Mortgage
$218,400
Outstanding Balance
$198,255
Interest Rate
2.93%
Mortgage Type
New Conventional
Estimated Equity
$158,001

Purchase Details

Closed on
May 13, 2019
Sold by
Foster Norman F and Foster Margaret A
Bought by
Damasceno Carlos Fernando

Purchase Details

Closed on
Sep 15, 1998
Sold by
Prichard John L and Prichard Linda W
Bought by
Cooper Robert N and Cooper Myra Weiss

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,250
Interest Rate
6.95%
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
Nelson Gary Lee $285,000 None Available
Nelson Gary Lee $285,000 None Listed On Document
Damasceno Carlos Fernando $16,000 None Listed On Document
Cooper Robert N $142,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nelson Gary Lee $218,400
Closed Nelson Gary Lee $218,400
Previous Owner Cooper Robert N $128,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/15/2023 12/15/23 Off Market $285,000 -- --
07/28/2021 07/28/21 Sold $285,000 +3.7% $210 / Sq Ft
06/10/2021 06/10/21 Pending -- -- --
06/03/2021 06/03/21 For Sale $274,900 -- $202 / Sq Ft
Source: Doorify MLS

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 $2,813 $325,870 -- $325,870
2024 $2,752 $325,870 -- $325,870
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2386609

Doorify MLS

APN: 0762.19-62-5075-020

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