P
Seller's Agent in 2024
Penelope Wilkinson
Northside Realty Inc.
500 Ridgecrest Rd Cary, NC 27511
South Cary NeighborhoodEstimated Value: $645,000 - $665,905
5
Beds
6
Baths
2,450
Sq Ft
$269/Sq Ft
Est. Value
Highlights
- Deck
- Transitional Architecture
- Brick Veneer
- Cary Elementary Rated A
- Wood Flooring
- Laundry Room
About This Home
As of May 2024INVESTOR ALERT!! Priced $85k below the latest county assessed value! This duplex property on a residential street in the heart of Cary has so much potential. Only 0.6mi to the new Downtown Cary Park and all the great restaurants/entertainment. Priced below $195 sq/ft this is a RARE opportunity for this location!
Both units have long-term tenants that are month-to-month. Unit 500 has 3 bedrooms and 2.5 baths, while Unit 502 has 2 bedrooms, 1 full bath and 2 half baths.
This 0.29 acre property is deeded as one entity, but because it's a duplex there are two Town of Cary water meters, two Duke Energy electric meters, and two USPS addresses for the property.
Tenants are responsible for their respective utilities.
Last Agent to Sell the Property
Penelope Wilkinson
Northside Realty Inc. License #278096 Listed on: 03/20/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,410
Year Built
- Built in 1981
Lot Details
- 0.29 Acre Lot
- Lot Dimensions are 85 x 150
- Level Lot
- Few Trees
Home Design
- Duplex
- Transitional Architecture
- Brick Veneer
- Block Foundation
- Shingle Roof
- Vinyl Siding
Interior Spaces
- 2,450 Sq Ft Home
- 2-Story Property
- Sump Pump
Kitchen
- Free-Standing Electric Range
- Dishwasher
Flooring
- Wood
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 5 Bedrooms
Laundry
- Laundry Room
- Washer and Electric Dryer Hookup
Parking
- Private Driveway
- 4 Open Parking Spaces
Outdoor Features
- Deck
Schools
- Cary Elementary School
- East Cary Middle School
- Cary High School
Utilities
- Forced Air Heating and Cooling System
- Heat Pump System
- Electric Water Heater
Listing and Financial Details
- Tenant pays for electricity, grounds care, sewer, trash collection, water
- The owner pays for taxes
- Assessor Parcel Number 0764109263
Community Details
Overview
- 4 Units
- Carr Hills Subdivision
Building Details
- 2 Leased Units
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 20, 2024
Closed on
May 30, 2024
Sold by
Pw Investments Nc Llc
Bought by
Gutierrez Rachel Dickason and Keith Cathcatt
Seller's Agent
Penelope Wilkinson
Northside Realty Inc.
Buyer's Agent
Scott Korbin
Compass -- Cary
List Price
$474,000
Sold Price
$655,000
Premium/Discount to List
$181,000
38.19%
Views
98
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,976
Avg. Annual Appreciation
-0.75%
Purchase Details
Closed on
Mar 18, 2011
Sold by
Moore James B and Moore May W
Bought by
Bialaszewki Andrea and Bialaszewki Richard
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,867
Interest Rate
4.75%
Mortgage Type
FHA
Purchase Details
Closed on
Nov 15, 1999
Sold by
Pinna William P and Pinna Barbara N
Bought by
Moore James B and Moore May W
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Gutierrez Rachel Dickason | $655,000 | None Listed On Document | |
| Bialaszewki Andrea | $163,000 | None Available | |
| Moore James B | $158,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Wilkinson Penelope | $173,250 | |
| Previous Owner | Bialaszewski Richard A | $155,000 | |
| Previous Owner | Bialaszewki Andrea | $16,600 | |
| Previous Owner | Bialaszewki Andrea | $158,867 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/30/2024 05/30/24 | Sold | $655,000 | +38.2% | $267 / Sq Ft |
| 03/24/2024 03/24/24 | Pending | -- | -- | -- |
| 03/20/2024 03/20/24 | For Sale | $474,000 | -- | $193 / Sq Ft |
Source: Doorify MLS
Tax History Compared to Growth
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 | $4,744 | $560,973 | $367,500 | $193,473 |
| 2023 | $3,410 | $336,358 | $300,000 | $36,358 |
| 2022 | $3,284 | $336,358 | $300,000 | $36,358 |
| 2021 | $3,219 | $336,358 | $300,000 | $36,358 |
| 2020 | $3,235 | $336,358 | $300,000 | $36,358 |
| 2019 | $2,388 | $219,274 | $75,000 | $144,274 |
| 2018 | $2,242 | $219,274 | $75,000 | $144,274 |
| 2017 | $2,156 | $219,274 | $75,000 | $144,274 |
| 2016 | $2,124 | $219,274 | $75,000 | $144,274 |
| 2015 | $2,031 | $202,251 | $68,000 | $134,251 |
| 2014 | -- | $202,251 | $68,000 | $134,251 |
Source: Public Records
Agents Affiliated with this Home
-
-
Scott Korbin
Buyer's Agent in 2024
Scott Korbin
Compass -- Cary
(919) 606-4500
26 in this area
109 Total Sales
Map
Source: Doorify MLS
MLS Number: 10018117
APN: 0764.17-10-9263-000
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