NOT LISTED FOR SALE

321 Glen Echo Ln Unit J Cary, NC 27518

Lochmere Neighborhood

Estimated Value: $291,000 - $363,000

2 Beds
2 Baths
1,169 Sq Ft
$281/mo HOA Fee

Last Sold November 22, 2021

Last sale price $282,500 $242 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $2,294/month

4 Days on Market

Highlights

  • Waterfront
  • Wooded Lot
  • Community Pool
  • Deck
  • Traditional Architecture
  • Soaking Tub

About This Home

As of November 2021

This Lochmere Condo features a BEAUTIFUL FULL LAKE VIEW from Spacious Covered Balcony, Family Room and Dining Room. Enjoy a wooded natural setting and walking trails right out your door, all while being conveniently located to dining, shopping, healthcare and entertainment in Cary!!! It has an open floorplan, newer carpeting and hot water heater. This condo is priced right and ready for your personal touches and updates. No rental cap per HOA. *No sign in the yard per HOA rules

Last Agent to Sell the Property

Nicole Mudd

Premier Agents Network License #283922 Listed on: 10/19/2021

Last Buyer's Agent

Margaret Sophie

Coldwell Banker HPW License #175176

Coldwell Banker HPW

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,141

Year Built

  • Built in 1994

Lot Details

  • Waterfront
  • Wooded Lot
  • Landscaped with Trees

HOA Fees

Parking

  • Parking Lot

Home Design

  • Traditional Architecture
  • Wood Siding

Interior Spaces

  • 1,169 Sq Ft Home
  • 1-Story Property
  • Smooth Ceilings
  • Ceiling Fan
  • Gas Log Fireplace
  • Entrance Foyer
  • Family Room
  • Dining Room
  • Storage
  • Utility Room
  • Microwave

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Double Vanity
  • Soaking Tub
  • Shower Only
  • Walk-in Shower

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Deck

Schools

  • Dillard Elementary And Middle School
  • Athens Dr High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

Overview

  • Association fees include insurance, ground maintenance, maintenance structure, trash
  • Rs Fincher Association
  • Hrw Association
  • Lochmere Subdivision

Recreation

  • Community Pool
  • Tennis Courts

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,141

Year Built

Built in 1994

Lot Details

0

HOA Fees

$281 per month

Listing Details

  • Year Built: 1994
  • Prop. Type: Residential
  • Reso Association Fee Includes: Insurance, Maintenance Grounds, Maintenance Structure, Trash
  • Subdivision Name: Lochmere
  • Above Grade Finished Sq Ft: 1169.0
  • Architectural Style: Traditional
  • Carport Y N: No
  • Entry Level: 2
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Contract Information Ownership Type: Condominium
  • General Property Information Lot Size Dimensions: condo
  • 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
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Laundry Features Main Level: Yes
  • Levels One: Yes
  • Sewer:Public Sewer: Yes
  • Structure Type Site Built: Yes
  • Water Source Public: Yes
  • Flooring Carpet: Yes
  • Interior Features Smooth Ceilings: Yes
  • Lot Features Hardwood Trees: Yes
  • Room Types Bedroom 2 Level: M
  • Room Types Dining Room2: Yes
  • Room Types Family Room2: Yes
  • Architectural Style Traditional: Yes
  • Room Types Primary Bedroom Level: M
  • Flooring Vinyl: Yes
  • Room Types Utility Room: Yes
  • Appliances Refrigerators: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Interior Features Shower Only: Yes
  • General Property Information Association Name 2: HRW
  • Lot Water Features Waterfront3: Yes
  • General Property Information Above Grade Finished Area: 1169.0
  • General Property Information Carport YN: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Carpet, Tile, Vinyl
  • Interior Amenities: Ceiling Fan(s), Double Vanity, Entrance Foyer, Shower Only, Smooth Ceilings, Soaking Tub, Storage, Walk-In Closet(s), Walk-In Shower
  • Appliances: Dryer, Gas Water Heater, Microwave, Refrigerator, Washer
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Entry Location: 2nd Floor
  • Fireplace Features: Gas Log
  • Fireplaces: 1
  • Total Bedrooms: 6
  • Community Features:Pool2: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Interior Features:Double Vanity: Yes
  • Interior Features:Entrance Foyer: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Walk-In Shower: Yes
  • Interior Features:Storage3: Yes
  • Fireplace Features:Gas Log: Yes
  • Appliances:Gas Water Heater: Yes
  • Interior Features:Soaking Tub: Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Water Body Name: Lochmere Lake
  • Exterior Features: Tennis Court(s)
  • Waterfront: Yes
  • Construction Type: Wood Siding
  • Patio And Porch Features: Deck
  • Lot Features:Wooded: Yes
  • Patio And Porch Features:Deck2: Yes
  • Construction Materials:Wood Siding: Yes
  • Exterior Features:Tennis Court(s)3: Yes

Garage/Parking

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

Utilities

  • Heating: Forced Air, Natural Gas
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Pool
  • Association #2 Fee: 624.0
  • Association #2 Fee Frequency: Annually
  • Association Fee: 229.0
  • Association Fee Frequency: Monthly
  • Association: HRW
  • Association Name: RS Fincher
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: RS Fincher
  • Association Amenities:Pool: Yes
  • Association Fee Includes:Maintenance Grounds2: Yes
  • Association Fee Includes:Insurance2: Yes
  • Association Fee Includes:Maintenance Structure2: Yes
  • Association Fee Includes:Trash2: Yes
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 229.0
  • General Property Information:Association Fee Frequency: Monthly
  • General Property Information:Association Fee 2: 624.0
  • 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: condo

Tax Info

  • Tax Annual Amount: 2141.0
  • Tax Year: 2020

MLS Schools

  • Elementary School: Wake - Dillard

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 19, 2021
Closed on
Nov 16, 2021
Sold by
Acree Carl Jeremy and Acree Rebekah
Bought by
Hawkins Myra Raine
Seller's Agent
Nicole Mudd
Premier Agents Network
Buyer's Agent
Margaret Sophie
Coldwell Banker HPW
List Price
$275,000
Sold Price
$282,500
Premium/Discount to List
$7,500
2.73%
Current Estimated Value
$330,097

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,597
Avg. Annual Appreciation
5.34%
Original Mortgage
$174,500
Outstanding Balance
$161,568
Interest Rate
2.99%
Mortgage Type
New Conventional
Estimated Equity
$182,335

Purchase Details

Closed on
May 4, 2010
Sold by
Ward James Matthew and Galano Camela Patrice
Bought by
Acree Nanette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,000
Interest Rate
4.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 27, 2004
Sold by
Wanner Elizabeth A
Bought by
Ward James Matthew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.64%
Mortgage Type
Purchase Money Mortgage
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
Hawkins Myra Raine $282,500 None Available
Acree Nanette $163,000 None Available
Ward James Matthew $125,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hawkins Myra Raine $174,500
Previous Owner Acree Nanette $149,100
Previous Owner Acree Nanette $153,000
Previous Owner Ward James Matthew $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2023 12/15/23 Off Market $282,500 -- --
11/22/2021 11/22/21 Sold $282,500 +2.7% $242 / Sq Ft
10/24/2021 10/24/21 Pending -- -- --
10/20/2021 10/20/21 For Sale $275,000 -- $235 / 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 $2,605 $308,287 $0 $308,287
2023 $2,258 $223,329 $0 $223,329
2022 $2,174 $223,329 $0 $223,329
2021 $2,130 $223,329 $0 $223,329
2020 $2,142 $223,329 $0 $223,329
2019 $1,876 $173,299 $0 $173,299
2018 $1,761 $173,299 $0 $173,299
2017 $1,692 $173,299 $0 $173,299
2016 $1,667 $173,299 $0 $173,299
2015 $1,634 $163,979 $0 $163,979
2014 $1,542 $163,979 $0 $163,979
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2414415

Doorify MLS

APN: 0762.19-61-7630-008