NOT LISTED FOR SALE

503 Emerald Downs Rd Cary, NC 27519

Cary Park Neighborhood

Estimated Value: $630,000 - $662,000

3 Beds
2.5 Baths
2,195 Sq Ft
$296/Sq Ft Est. Value

Last Sold October 06, 2021

Last sale price $550,100 $251 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $3,935/month

2 Days on Market

Highlights

  • Clubhouse
  • Traditional Architecture
  • High Ceiling
  • Hortons Creek Elementary Rated A
  • Loft
  • 5-minute walk to Amberly Wellness Park

About This Home

As of October 2021

Offers to be submitted by 9/6/21, 5PM. Well-maintained home on premium lot in Amberly. Living Rm leads to Family Rm, Dining Area & Kitchen w/42" maple cabinets, granite countertops, tile backsplash & new SS appliances. House pre-wired for surround sound with recessed speakers in ceiling. 22x24 patio overlooking pond. Front faces parklike setting. 2nd floor- loft, primary suite & 2 secondary bedrooms. New paint, new carpet, new roof, newer water heater, LVP flooring. Resort-style Clubhouse.

Last Agent to Sell the Property

Lucy Park

EXP Realty LLC Listed on: 08/31/2021

Last Buyer's Agent

Tina Caul

EXP Realty LLC License #267133

EXP Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,144

Year Built

  • Built in 2006

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 48x115x48x133
  • Irrigation Equipment

HOA Fees

Parking

  • 2 Car Garage
  • Garage Door Opener
  • Private Driveway

Home Design

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

Interior Spaces

  • 2,195 Sq Ft Home
  • 2-Story Property
  • Tray Ceiling
  • Smooth Ceilings
  • High Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Family Room
  • Living Room with Fireplace
  • Dining Room
  • Loft
  • Bonus Room
  • Utility Room

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Double Vanity
  • Separate Shower in Primary Bathroom
  • Soaking Tub
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on upper level
  • Dryer
  • Washer

Attic

  • Pull Down Stairs to Attic
  • Unfinished Attic

Home Security

  • Home Security System
  • Fire and Smoke Detector

Outdoor Features

  • Covered patio or porch
  • Rain Gutters

Schools

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

Utilities

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

Community Details

Overview

  • Association Phone (919) 461-0102
  • Amberly Subdivision

Amenities

  • Clubhouse

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,144

Year Built

Built in 2006

Lot Details

0

HOA Fees

$88 per month

Parking

2

Listing Details

  • Year Built: 2006
  • Prop. Type: Residential
  • Subdivision Name: Amberly
  • Above Grade Finished Sq Ft: 2195.0
  • 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: 48x115x48x133
  • 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
  • Attic Features Pull-Down Stairs: Yes
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Foundation Details Slab: Yes
  • Laundry Features Laundry Room: 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 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 Upper Level: Yes
  • Room Types Loft: Yes
  • Room Types Utility Room: Yes
  • Room Types Living Room2: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Security Features Security System: Yes
  • General Property Information Association Phone: 919-461-0102
  • Flooring Laminate: Yes
  • Attic Features Unfinished2: Yes
  • Other Equipment Irrigation Equipment: Yes
  • General Property Information Above Grade Finished Area: 2195.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 5662.8
  • General Property Information Lot Size Acres: 0.13
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Laminate, Tile
  • Interior Amenities: Ceiling Fan(s), Double Vanity, Granite Counters, High Ceilings, High Speed Internet, Separate Shower, Smooth Ceilings, Soaking Tub, Tray Ceiling(s), Walk-In Closet(s), Walk-In Shower
  • Appliances: Dishwasher, Dryer, Electric Range, Gas Water Heater, Microwave, Washer
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Gas, Gas Log, Living Room
  • Fireplaces: 1
  • Total Bedrooms: 8
  • Appliances Dishwasher: Yes
  • Community Features:Pool2: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Interior Features:Double Vanity: Yes
  • Interior Features:Granite Counters: Yes
  • Interior Features:High Ceilings: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Walk-In Shower: Yes
  • Interior Features:Tray Ceiling(s): Yes
  • Appliances:Electric Range: Yes
  • Fireplace Features:Gas Log: Yes
  • Appliances:Gas Water Heater: Yes
  • Interior Features:Soaking Tub: Yes
  • Fireplace Features:Living Room: Yes
  • Fireplace Features:Gas4: Yes
  • Interior Features:High Speed Internet: Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Exterior Features: Rain Gutters
  • Acres: 0.13
  • Construction Type: Stone, Vinyl Siding
  • Foundation Details: Slab
  • Patio And Porch Features: Covered, Patio, Porch
  • Exterior Features:Rain Gutters: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Covered2: Yes
  • Construction Materials:Vinyl Siding: Yes
  • Construction Materials:Stone: Yes
  • Patio And Porch Features:Patio: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Concrete, Driveway, Garage, Garage Door Opener
  • Parking Features:Garage: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Concrete4: Yes
  • Parking Features:Driveway: Yes
  • General Property Information:Garage Spaces: 2.0

Utilities

  • Heating: Forced Air, Natural Gas, Zoned
  • Cooling: Central Air, Zoned
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes
  • Heating:Zoned2: Yes

Condo/Co-op/Association

  • Community Features: Pool
  • Association #2 Fee: 23.0
  • Association #2 Fee Frequency: Monthly
  • Association Fee: 65.0
  • Association Fee Frequency: Monthly
  • Phone: 919-461-0102
  • Association: Yes

Association/Amenities

  • Association Amenities:Pool: Yes
  • Association Amenities:Clubhouse: Yes
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 65.0
  • General Property Information:Association Fee Frequency: Monthly
  • General Property Information:Association Fee 2: 23.0
  • General Property Information:Association Fee 2 Frequency: Monthly

Schools

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

Lot Info

  • Lot Dimensions: 48x115x48x133
  • Lot Size Sq Ft: 5662.8
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3144.0

MLS Schools

  • Elementary School: Wake - Hortons Creek

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 31, 2021
Closed on
Oct 5, 2021
Sold by
Park Lucy
Bought by
Brahmankar Prafull Kukaram and Brahmankar Archana Prafull
Seller's Agent
Lucy Park
EXP Realty LLC
Buyer's Agent
Tina Caul
EXP Realty LLC
List Price
$527,000
Sold Price
$550,100
Premium/Discount to List
$23,100
4.38%
Total Days on Market
2
Current Estimated Value
$649,101

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$99,001
Avg. Annual Appreciation
4.61%
Original Mortgage
$522,500
Outstanding Balance
$481,611
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$166,945

Purchase Details

Closed on
Jun 13, 2013
Sold by
Park Lucy and Walters Michael
Bought by
Park Lucy

Purchase Details

Closed on
Oct 31, 2006
Sold by
Kb Home Raleigh Durham Inc
Bought by
Walters Michael and Park Lucy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,192
Interest Rate
6.31%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 28, 2006
Sold by
Scc Canyon Ii Llc
Bought by
Kb Home Raleigh Durham Llc
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
Brahmankar Prafull Kukaram $550,500 None Available
Park Lucy -- None Available
Walters Michael $295,500 None Available
Kb Home Raleigh Durham Llc $367,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brahmankar Prafull Tukaram $28,800
Open Brahmankar Prafull Kukaram $522,500
Previous Owner Park Lucy $75,000
Previous Owner Walters Michael $195,000
Previous Owner Walters Michael B $195,000
Previous Owner Walters Michael $195,192
Previous Owner Jamison Sammy L $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2023 12/15/23 Off Market $550,100 -- --
10/06/2021 10/06/21 Sold $550,100 +4.4% $251 / Sq Ft
09/06/2021 09/06/21 Pending -- -- --
09/04/2021 09/04/21 For Sale $527,000 -- $240 / 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 $4,823 $572,851 $200,000 $372,851
2023 $3,332 $330,551 $86,000 $244,551
2022 $3,208 $330,551 $86,000 $244,551
2021 $3,144 $330,551 $86,000 $244,551
2020 $3,160 $330,551 $86,000 $244,551
2019 $3,052 $283,170 $86,000 $197,170
2018 $2,864 $283,170 $86,000 $197,170
2017 $2,753 $283,170 $86,000 $197,170
2016 $2,712 $283,170 $86,000 $197,170
2015 $2,739 $276,189 $80,000 $196,189
2014 $2,583 $276,189 $80,000 $196,189
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2405386

Doorify MLS

APN: 0725.04-84-0693-000