NOT LISTED FOR SALE

503 E Cornwall Rd Cary, NC 27511

South Cary Neighborhood

Estimated Value: $522,000 - $544,000

3 Beds
2 Baths
1,441 Sq Ft
$370/Sq Ft Est. Value

Last Sold January 17, 2023

Last sale price $475,000 $330 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $3,129/month

5 Days on Market

Highlights

  • 0.5 Acre Lot
  • Wooded Lot
  • Wood Flooring
  • Cary Elementary Rated A
  • Ranch Style House
  • Bonus Room

About This Home

As of January 2023

RARE ONE LEVEL RANCH home in the very heart of Cary! Welcome home - move in ready! Charming all brick home on .5 acres! Quiet street - on LARGE corner lot! Open eat in kitchen. Tons of closets. 2 car garage with HUGE room (wired) over garage for workshop, crafts, media, storage. Well loved and kept home! Great neighborhood. Walk to Cary Swim Club, Cary High School, local shops, grocery store, restaurants, Town of Cary Library, Parks, Trails and Greenways. Close to upscale Fenton area with mixed use shopping, dining and entertainment! Enjoy downtown hotspots - Brew Coffee Bar, Cary Arts Center, Bond Brothers Brewery, Cary Downtown Farmers Market and La Farm Bakery. What an investment!

Last Agent to Sell the Property

Donna O'neill

Keller Williams Legacy License #120643 Listed on: 11/05/2022

Keller Williams Legacy

Last Buyer's Agent

Keith Bliss

LPT Realty, LLC License #206741

LPT Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,820

Year Built

  • Built in 1958

Lot Details

  • 0.5 Acre Lot
  • Corner Lot
  • Wooded Lot
  • Landscaped with Trees

Home Design

  • Ranch Style House
  • Brick Exterior Construction

Interior Spaces

  • 1,441 Sq Ft Home
  • Bookcases
  • Smooth Ceilings
  • Ceiling Fan
  • Wood Burning Fireplace
  • Screen For Fireplace
  • Blinds
  • Entrance Foyer
  • Family Room with Fireplace
  • Dining Room
  • Bonus Room
  • Storage
  • Crawl Space
  • Pull Down Stairs to Attic
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Gas Range
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Bathtub
  • Walk-in Shower

Laundry

  • Laundry on main level
  • Laundry in Kitchen
  • Dryer
  • Washer

Parking

  • Garage
  • 1 Carport Space
  • Side Facing Garage
  • Private Driveway

Outdoor Features

  • Covered Patio or Porch
  • Rain Gutters

Schools

  • Cary Elementary School
  • East Cary Middle School
  • Cary High School

Utilities

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

Community Details

  • No Home Owners Association
  • Greenwood Forest Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,820

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Year Built: 1958
  • Prop. Type: Residential
  • Road Frontage Type: Other
  • Subdivision Name: Greenwood Forest
  • Above Grade Finished Sq Ft: 1441.0
  • Architectural Style: Ranch
  • Carport Y N: Yes
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Contract Information Ownership Type: Other
  • General Property Information Above Grade Unfinished Area: 547.0
  • General Property Information Total Unfinished Area2: 547.0
  • General Property Information Lot Size Dimensions: new survey needed
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: Yes
  • Architectural Style Ranch: Yes
  • Attic Features Pull-Down Stairs: Yes
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Laundry Features Main Level: Yes
  • Levels One: Yes
  • Security Features Smoke Detector(s): Yes
  • Sewer:Public Sewer: Yes
  • Structure Type Site Built: Yes
  • Water Source Public: Yes
  • Flooring Hardwood: Yes
  • Interior Features Smooth Ceilings: Yes
  • Lot Features Hardwood Trees: Yes
  • Room Types Bedroom 2 Level: M
  • Room Types Bedroom 3 Level: M
  • Room Types Bonus Room: Yes
  • Room Types Dining Room2: Yes
  • Room Types Family Room2: Yes
  • Room Types Primary Bedroom Level: M
  • Appliances Refrigerators: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Interior Features Bathtub Only: Yes
  • Fireplace Features Fireplace Screen: Yes
  • Interior Features Room Over Garage: Yes
  • General Property Information Above Grade Finished Area: 1441.0
  • General Property Information Carport YN: Yes
  • General Property Information Carport Spaces2: 1.0
  • General Property Information Lot Size Square Feet2: 21780.0
  • General Property Information Lot Size Acres: 0.5
  • General Property Information:Living Area3: 1441.0
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Flooring: Hardwood, Tile
  • Interior Amenities: Bathtub Only, Bookcases, Ceiling Fan(s), Eat-in Kitchen, Entrance Foyer, Granite Counters, Pantry, Primary Downstairs, Room Over Garage, Smooth Ceilings, Storage, Walk-In Shower
  • Basement: Crawl Space
  • Appliances: Dishwasher, Dryer, Electric Water Heater, Gas Range, Refrigerator, Washer
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Family Room, Fireplace Screen, Wood Burning
  • Fireplaces: 1
  • Appliances Dishwasher: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Interior Features:Entrance Foyer: Yes
  • Interior Features:Granite Counters: Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Primary Downstairs: Yes
  • Interior Features:Walk-In Shower: Yes
  • Basement:Crawl Space: Yes
  • Fireplace Features:Family Room: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Interior Features:Storage3: Yes
  • Appliances:Electric Water Heater: Yes
  • Fireplace Features:Wood Burning: Yes
  • Interior Features:Bookcases: Yes
  • Appliances:Gas Range: Yes
  • Laundry Features:In Kitchen: Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Exterior Features: Rain Gutters
  • Acres: 0.5
  • Construction Type: Brick
  • Patio And Porch Features: Covered, Patio, Porch
  • Exterior Features:Rain Gutters: Yes
  • Lot Features:Landscaped: Yes
  • Patio and Porch Features:Porch: Yes
  • Window Features:Blinds: Yes
  • Lot Features:Wooded: Yes
  • Patio And Porch Features:Covered2: Yes
  • Patio And Porch Features:Patio: Yes
  • Lot Features:Corner Lot: Yes
  • Construction Materials:Brick: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Carport, Concrete, Covered, Driveway, Garage, Garage Faces Side
  • Parking Features:Garage: Yes
  • Parking Features:Concrete4: Yes
  • Parking Features:Driveway: Yes
  • Parking Features:Garage Faces Side: Yes
  • Parking Features:Carport: Yes
  • Parking Features:Covered: 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

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Ninth Grade High School: Wake - Cary
  • Middle Or Junior School: Wake - East Cary

Lot Info

  • Lot Dimensions: new survey needed
  • Lot Size Sq Ft: 21780.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2820.0

MLS Schools

  • Elementary School: Wake - Cary

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 5, 2022
Closed on
Jan 11, 2023
Sold by
Shaver Jesse H and Shaver Kelley L
Bought by
Mooney Amy Johnston and Mooney Charles Braswell
Seller's Agent
Donna O'neill
Keller Williams Legacy
Buyer's Agent
Keith Bliss
LPT Realty, LLC
List Price
$460,000
Sold Price
$475,000
Premium/Discount to List
$15,000
3.26%
Views
49
Current Estimated Value
$532,573

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,573
Avg. Annual Appreciation
3.97%

Purchase Details

Closed on
Apr 4, 2011
Sold by
Turner Frank R
Bought by
Shaver Jesse H and Shaver Kelley L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,080
Interest Rate
4.95%
Mortgage Type
New Conventional
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
Mooney Amy Johnston $475,000 --
Mooney Amy Johnston $475,000 None Listed On Document
Shaver Jesse H $180,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Shaver Jesse H $144,080
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/15/2023 12/15/23 Off Market $475,000 -- --
01/17/2023 01/17/23 Sold $475,000 +3.3% $330 / Sq Ft
11/10/2022 11/10/22 Pending -- -- --
11/05/2022 11/05/22 For Sale $460,000 -- $319 / 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 $4,068 $472,334 $280,000 $192,334
2024 $3,981 $472,334 $280,000 $192,334
2023 $2,929 $290,342 $145,000 $145,342
2022 $2,820 $290,342 $145,000 $145,342
2021 $2,764 $290,342 $145,000 $145,342
2020 $2,778 $290,342 $145,000 $145,342
2019 $2,161 $200,009 $100,000 $100,009
2018 $2,029 $200,009 $100,000 $100,009
2017 $1,950 $200,009 $100,000 $100,009
2016 $1,921 $200,009 $100,000 $100,009
2015 $2,008 $201,976 $90,000 $111,976
2014 $1,894 $201,976 $90,000 $111,976
Source: Public Records

Agents Affiliated with this Home

  • Donna O'neill

    Seller's Agent in 2023

    Donna O'neill

    Keller Williams Legacy

    (919) 931-3908

    2 in this area

    139 Total Sales

    Donna O'neill
    Section Image
  • Keith Bliss

    Buyer's Agent in 2023

    Keith Bliss

    LPT Realty, LLC

    (919) 796-5478

    37 in this area

    97 Total Sales

    Keith Bliss
    Section Image
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Map

Source: Doorify MLS

MLS Number: 2482539

Doorify MLS

APN: 0763.11-76-2747-000

North Carolina Wake County Cary 27511 South Cary

503 E Cornwall Rd, Cary, NC

Not Listed for Sale

Detached

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