NOT LISTED FOR SALE

422 Waterford Lake Dr Unit 422 Cary, NC 27519

Cary Park Neighborhood

Estimated Value: $247,000 - $267,000

1 Bed
1.5 Baths
758 Sq Ft
$181/mo HOA Fee

Last Sold June 16, 2021

Last sale price $190,000 $251 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $1,813/month

25 Days on Market

Highlights

  • Traditional Architecture
  • Wood Flooring
  • Screened Porch
  • Mills Park Elementary School Rated A
  • Main Floor Primary Bedroom
  • Entrance Foyer

About This Home

As of June 2021

Back on Market due to change in buyer's employment. Wonderful one bedroom condo w/screened in porch. W. Great condo w/ crown molding, Hardwoods in Kitchen & 1/2 Bath. 44 inch cherry cabinets, smooth top range & black appliances. Tile flrs in Master Bath. Secure front door entrance. Cary Park is awesome with everything growing around it. 18 acre lake with paved walking trails! Mills School Park across the street of main entrance & with Thomas Brooks right down the road. Close to RTP & RDU airport.

Last Agent to Sell the Property

George Wilson

Raleigh Cary Realty Inc. License #223959 Listed on: 05/05/2021

Raleigh Cary Realty Inc.

Last Buyer's Agent

Yuchen Mo

Clayton Properties Group Inc DBA Mungo Homes License #299130

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,473

Year Built

  • Built in 2004

HOA Fees

Home Design

  • Traditional Architecture
  • Brick Exterior Construction

Interior Spaces

  • 758 Sq Ft Home
  • 1-Story Property
  • Entrance Foyer
  • Family Room
  • Dining Room
  • Screened Porch
  • Utility Room
  • Laundry on main level

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main

Parking

  • Parking Lot
  • Assigned Parking

Schools

  • Mills Park Elementary And Middle School
  • Panther Creek High School

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Community Details

  • Association fees include ground maintenance, maintenance structure
  • Waterford HOA
  • Cary Park Association
  • Cary Park Subdivision

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,473

Year Built

Built in 2004

Lot Details

0

HOA Fees

$181 per month

Listing Details

  • Year Built: 2004
  • Prop. Type: Residential
  • Reso Association Fee Includes: Maintenance Grounds, Maintenance Structure
  • Subdivision Name: Cary Park
  • Above Grade Finished Sq Ft: 758.0
  • Architectural Style: Traditional
  • Carport Y N: No
  • 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
  • Cooling Central Air: 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
  • Flooring Ceramic Tile: Yes
  • Room Types Dining Room2: Yes
  • Room Types Family Room2: Yes
  • Architectural Style Traditional: Yes
  • Room Types Primary Bedroom Level: M
  • Room Types Utility Room: Yes
  • Flooring Wood: Yes
  • General Property Information Association Name 2: CARY PARK
  • General Property Information Above Grade Finished Area: 758.0
  • General Property Information Carport YN: No
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Flooring: Carpet, Ceramic Tile, Combination, Wood
  • Interior Amenities: Entrance Foyer
  • Appliances: Electric Water Heater
  • Basement YN: No
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 1
  • Total Bedrooms: 4
  • Interior Features:Entrance Foyer: Yes
  • Appliances:Electric Water Heater: Yes

Exterior Features

  • Construction Type: Brick
  • Patio And Porch Features: Porch, Screened
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Screened: Yes
  • Construction Materials:Brick: Yes

Garage/Parking

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

Utilities

  • Heating: Electric, Heat Pump
  • Cooling: Central Air, Heat Pump
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Electric4: Yes
  • Heating:Heat Pump2: Yes
  • HeatingCooling:Heat Pump: Yes

Condo/Co-op/Association

  • Association #2 Fee: 225.0
  • Association #2 Fee Frequency: Semi-Annually
  • Association Fee: 143.1
  • Association Fee Frequency: Monthly
  • Association: CARY PARK
  • Association Name: WATERFORD HOA
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: WATERFORD HOA
  • Association Fee Includes:Maintenance Grounds2: Yes
  • Association Fee Includes:Maintenance Structure2: Yes
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 143.1
  • General Property Information:Association Fee Frequency: Monthly
  • General Property Information:Association Fee 2: 225.0
  • General Property Information:Association Fee 2 Frequency: Semi-Annually

Schools

  • Ninth Grade High School: Wake - Panther Creek
  • Middle Or Junior School: Wake - Mills Park

Lot Info

  • Lot Dimensions: 0

Tax Info

  • Tax Annual Amount: 1473.0
  • Tax Year: 2020

MLS Schools

  • Elementary School: Wake - Mills Park

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 5, 2021
Closed on
Jun 14, 2021
Sold by
Derks Torri R
Bought by
Shu Qian and Shi Mengmeng
Seller's Agent
George Wilson
Raleigh Cary Realty Inc.
Buyer's Agent
Yuchen Mo
Clayton Properties Group Inc DBA Mungo Homes
List Price
$190,000
Sold Price
$190,000
Total Days on Market
25
Current Estimated Value
$259,658

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$69,658
Avg. Annual Appreciation
8.21%

Purchase Details

Closed on
Aug 22, 2018
Sold by
Philbeck Elizabeth and Philbeck Brian
Bought by
Derks Torri R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,000
Interest Rate
4.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 1, 2007
Sold by
Darrin Marcia L
Bought by
Cahoon Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,000
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 25, 2005
Sold by
Waterford At Cary Park Llc
Bought by
Darrin Marcia L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,820
Interest Rate
5.64%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

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Range of Values:

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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
Shu Qian $190,000 None Available
Derks Torri R $143,000 None Available
Cahoon Elizabeth $110,000 None Available
Darrin Marcia L $99,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Derks Torri R $139,000
Previous Owner Cahoon Elizabeth $92,000
Previous Owner Darrin Marcia L $20,000
Previous Owner Darrin Marcia L $78,820
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2023 12/15/23 Off Market $190,000 -- --
06/16/2021 06/16/21 Sold $190,000 0.0% $251 / Sq Ft
05/30/2021 05/30/21 Pending -- -- --
05/29/2021 05/29/21 For Sale $190,000 0.0% $251 / Sq Ft
05/19/2021 05/19/21 Pending -- -- --
05/13/2021 05/13/21 Price Changed $190,000 -2.6% $251 / Sq Ft
05/05/2021 05/05/21 For Sale $195,000 -- $257 / 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 $2,093 $247,184 $0 $247,184
2023 $2,065 $152,957 $0 $152,957
2022 $1,988 $152,957 $0 $152,957
2021 $1,465 $152,957 $0 $152,957
2020 $1,473 $152,957 $0 $152,957
2019 $1,095 $100,368 $0 $100,368
2018 $1,028 $100,368 $0 $100,368
2017 $989 $100,368 $0 $100,368
2016 $974 $100,368 $0 $100,368
2015 $1,076 $107,255 $0 $107,255
2014 $1,015 $107,255 $0 $107,255
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2381933

Doorify MLS

APN: 0725.04-81-2088-028