NOT LISTED FOR SALE

404 Otter Cliff Way Cary, NC 27519

Twin Lakes Neighborhood

Estimated Value: $721,000 - $761,000

4 Beds
3.5 Baths
3,076 Sq Ft
$240/Sq Ft Est. Value

Last Sold June 12, 2023

Last sale price $721,200 $234 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $4,417/month

3 Days on Market

Highlights

  • Tennis Courts
  • Traditional Architecture
  • Loft
  • Cedar Fork Elementary Rated A
  • Wood Flooring
  • High Ceiling

About This Home

As of June 2023

Come see this beautiful home in the desirable Twin Lakes subdivision! Spacious, open floor plan with 2 living areas. Large gourmet style kitchen with solid surface counters, wood cabinets, island w/ counter seating & updated gas cooktop, and dishwasher. Oversized primary suite with walk-in shower & garden tub. The second level also has additional bedrooms (one with a full bath attached) with lots of space in each room and a loft area! The HVAC was replaced a few years ago and added Nest Thermostats. New roof in 2022. Covered patio in the back and a covered front porch. This 4 Bed, 3.5 bath home has an ideal location close to shopping and restaurants. The neighborhood has a pool, clubhouse, tennis court, and other amenities! You will love the open commons area in front of the house. Easy access to 40, 540, and RDU. Book your showing now.

Last Agent to Sell the Property

Cynthia Quarantello

Real Broker LLC License #267569 Listed on: 04/19/2023

Real Broker LLC

Last Buyer's Agent

Luis Bello Parra

Relevate Real Estate Inc. License #329924

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,376

Year Built

  • Built in 2007

Lot Details

  • 6,098 Sq Ft Lot
  • Landscaped
  • Property is zoned TRP

HOA Fees

  • $70 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Private Driveway

Home Design

  • Traditional Architecture
  • Brick or Stone Mason
  • Slab Foundation
  • Stone

Interior Spaces

  • 3,076 Sq Ft Home
  • 2-Story Property
  • Tray Ceiling
  • Smooth Ceilings
  • High Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Blinds
  • Mud Room
  • Family Room with Fireplace
  • Living Room
  • Breakfast Room
  • Combination Kitchen and Dining Room
  • Loft
  • Bonus Room
  • Utility Room
  • Fire and Smoke Detector

Kitchen

  • Built-In Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Plumbed For Ice Maker
  • Tile Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Double Vanity
  • Private Water Closet
  • Separate Shower in Primary Bathroom
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Attic

  • Attic Floors
  • Pull Down Stairs to Attic
  • Unfinished Attic

Outdoor Features

  • Tennis Courts
  • Covered Patio or Porch
  • Rain Gutters

Schools

  • Cedar Fork Elementary School
  • West Cary Middle School
  • Panther Creek High School

Utilities

  • Forced Air Zoned Cooling and Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

Overview

  • Elite Management Association, Phone Number (919) 678-3824
  • Twin Lakes Subdivision

Recreation

  • Tennis Courts
  • Community Pool
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,376

Year Built

Built in 2007

Lot Details

0

HOA Fees

$70 per month

Parking

2

Listing Details

  • Year Built: 2007
  • Prop. Type: Residential
  • Subdivision Name: Twin Lakes
  • Above Grade Finished Sq Ft: 3076.0
  • Architectural Style: Traditional
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Contract Information Ownership Type: Other
  • General Property Information Lot Size Dimensions: See Plat Map
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: Yes
  • Appliances Microwave: Yes
  • Wall Oven: Yes
  • Attic Features Pull-Down Stairs: Yes
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Foundation Details Slab: Yes
  • Interior Features KitchenDining Room Combination: Yes
  • Interior Features Water Closet: Yes
  • Laundry Features Laundry Room: Yes
  • Laundry Features Main Level: Yes
  • Security Features Smoke Detector(s): Yes
  • Sewer:Public Sewer: Yes
  • Structure Type Site Built: Yes
  • Water Source Public: Yes
  • Cooling Zoned: Yes
  • Flooring Carpet: Yes
  • Interior Features Separate Shower: Yes
  • Interior Features Smooth Ceilings: Yes
  • Levels Two: Yes
  • Room Types Bedroom 2 Level: 2
  • Room Types Bedroom 3 Level: 2
  • Room Types Bedroom 4 Level: 2
  • Room Types Bonus Room: Yes
  • Room Types Dining Room2: Yes
  • Room Types Family Room2: Yes
  • Architectural Style Traditional: Yes
  • Room Types Primary Bedroom Level: 2
  • Laundry Features Electric Dryer Hookup: Yes
  • Room Types Loft: Yes
  • Room Types Utility Room: Yes
  • Appliances Refrigerators: Yes
  • Room Types Living Room2: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Room Types Breakfast Room: Yes
  • Flooring Wood: Yes
  • Utilities Cable Available: Yes
  • General Property Information Association Phone: 919-678-3824
  • General Property Information Senior Community YN: No
  • Attic Features Unfinished2: Yes
  • Room Types Mud Room: Yes
  • General Property Information Above Grade Finished Area: 3076.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 6098.4
  • General Property Information Lot Size Acres: 0.14
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Ceiling Fan(s), Double Vanity, High Ceilings, High Speed Internet, Kitchen/Dining Room Combination, Pantry, Separate Shower, Smooth Ceilings, Tile Counters, Tray Ceiling(s), Walk-In Closet(s), Walk-In Shower, Water Closet
  • Appliances: Dryer, Gas Cooktop, Gas Water Heater, Microwave, Plumbed For Ice Maker, Range Hood, Refrigerator, Wall Oven, Washer
  • Basement YN: No
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Family Room, Gas Log
  • Fireplaces: 1
  • Appliances:Gas Cooktop: Yes
  • Appliances:Plumbed For Ice Maker: Yes
  • Appliances:Range Hood: Yes
  • Community Features:Pool2: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Interior Features:Double Vanity: Yes
  • Interior Features:High Ceilings: Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Walk-In Shower: Yes
  • Community Features:Street Lights: Yes
  • Fireplace Features:Family Room: Yes
  • Interior Features:Tray Ceiling(s): Yes
  • Fireplace Features:Gas Log: Yes
  • Appliances:Gas Water Heater: Yes
  • Interior Features:Tile Counters: Yes
  • Attic Features:Floored: Yes
  • Interior Features:High Speed Internet: Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Exterior Features: Rain Gutters, Tennis Court(s)
  • Acres: 0.14
  • Construction Type: Fiber Cement, Stone
  • Foundation Details: Slab
  • Patio And Porch Features: Covered, Patio, Porch
  • Construction Materials:Fiber Cement: Yes
  • Exterior Features:Rain Gutters: Yes
  • Lot Features:Landscaped: Yes
  • Patio and Porch Features:Porch: Yes
  • Window Features:Blinds: Yes
  • Patio And Porch Features:Covered2: Yes
  • Construction Materials:Stone: Yes
  • Patio And Porch Features:Patio: Yes
  • Exterior Features:Tennis Court(s)3: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Concrete, Driveway, Garage, Garage Faces Front
  • Parking Features:Attached: Yes
  • Parking Features:Garage: Yes
  • Parking Features:Concrete4: Yes
  • Parking Features:Driveway: Yes
  • Parking Features:Garage Faces Front: Yes
  • General Property Information:Garage Spaces: 2.0

Utilities

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

Condo/Co-op/Association

  • Community Features: Pool, Street Lights
  • Senior Community: No
  • Association Fee: 210.0
  • Association Fee Frequency: Quarterly
  • Association Name: Elite Management
  • Phone: 919-678-3824
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: Elite Management
  • 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: 210.0
  • General Property Information:Association Fee Frequency: Quarterly

Schools

  • Ninth Grade High School: Wake - Panther Creek
  • Middle Or Junior School: Wake - West Cary

Lot Info

  • Zoning: TRP
  • Lot Dimensions: See Plat Map
  • Lot Size Sq Ft: 6098.4
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4376.0
  • Tax Year: 2022

MLS Schools

  • Elementary School: Wake - Cedar Fork

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2023
Closed on
Jun 9, 2023
Sold by
Kitazawa Daisuke and Kitazawa Chisato
Bought by
Reddy Yarrabathini Madhusudhan and Pranusha Bathini Pranusha
Seller's Agent
Cynthia Quarantello
Real Broker LLC
Buyer's Agent
Luis Bello Parra
Relevate Real Estate Inc.
List Price
$700,000
Sold Price
$721,200
Premium/Discount to List
$21,200
3.03%
Views
30
Current Estimated Value
$737,514

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,314
Avg. Annual Appreciation
0.94%
Original Mortgage
$639,450
Outstanding Balance
$608,839
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$128,675

Purchase Details

Closed on
Aug 6, 2015
Sold by
Scott Claire Denise and Scott Benjamin
Bought by
Kitazawa Daisuke and Kitazawa Chisato

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,500,001
Interest Rate
3.26%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 17, 2007
Sold by
Kb Home Raleigh Durham Inc
Bought by
Blevins Claire

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$385,355
Interest Rate
6.12%
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
Reddy Yarrabathini Madhusudhan $721,500 None Listed On Document
Yarrabathini Madhusudhan Reddy $721,500 None Listed On Document
Kitazawa Daisuke $385,000 Attorney
Blevins Claire $383,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yarrabathini Madhusudhan Reddy $639,450
Closed Yarrabathini Madhusudhan Reddy $639,450
Previous Owner Kitazawa Daisuke $2,500,001
Previous Owner Blevins Claire $385,355
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/15/2023 12/15/23 Off Market $721,200 -- --
06/12/2023 06/12/23 Sold $721,200 +3.0% $234 / Sq Ft
04/23/2023 04/23/23 Pending -- -- --
04/20/2023 04/20/23 For Sale $700,000 -- $228 / 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 $5,847 $679,827 $180,000 $499,827
2024 $5,720 $679,827 $180,000 $499,827
2023 $4,546 $451,736 $90,000 $361,736
2022 $4,377 $451,736 $90,000 $361,736
2021 $4,289 $451,736 $90,000 $361,736
2020 $4,312 $451,736 $90,000 $361,736
2019 $4,057 $377,041 $78,000 $299,041
2018 $3,807 $377,041 $78,000 $299,041
2017 $3,658 $377,041 $78,000 $299,041
2016 $3,604 $377,041 $78,000 $299,041
2015 -- $341,451 $60,000 $281,451
2014 $3,189 $341,451 $60,000 $281,451
Source: Public Records

Agents Affiliated with this Home

  • Cynthia Quarantello

    Seller's Agent in 2023

    Cynthia Quarantello

    Real Broker LLC

    (919) 830-9051

    2 in this area

    289 Total Sales

    Cynthia Quarantello
    Section Image

  • L

    Buyer's Agent in 2023

    Luis Bello Parra

    Relevate Real Estate Inc.

See All Agents

Map

Source: Doorify MLS

MLS Number: 2506000

Doorify MLS

APN: 0745.07-57-7781-000

North Carolina Wake County Cary 27519 Twin Lakes

404 Otter Cliff Way, Cary, NC

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