NOT LISTED FOR SALE

503 Grant Forest Ln Cary, NC 27519

Carpenter Neighborhood

Estimated Value: $882,000 - $930,000

4 Beds
3.5 Baths
3,365 Sq Ft
$270/Sq Ft Est. Value

Last Sold November 09, 2022

Last sale price $829,900 $247 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $5,631/month

2 Days on Market

Highlights

  • Deck
  • Traditional Architecture
  • Bonus Room
  • Carpenter Elementary Rated A
  • Wood Flooring
  • Quartz Countertops

About This Home

As of November 2022

Drop dead gorgeous home in popular Carpenter Village. Stunning white kitchen with quartz countertops and new backsplash. Refinished hardwoods and freshly painted. Beautiful master retreat with bath/ walk-in closet. Spacious secondary bedrooms and bonus. Meticulously landscaped and fenced in backyard. Spectacular screen porch.Fantastic location close to RTP, the airport and shopping. Neighborhood pool

Last Agent to Sell the Property

Karen Coe

Keller Williams Legacy License #158457 Listed on: 10/06/2022

Keller Williams Legacy

Last Buyer's Agent

Steve Artabane

Urban Durham Realty License #278486

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,549

Year Built

  • Built in 2004

Lot Details

  • 9,365 Sq Ft Lot
  • Lot Dimensions are 85 x 110 x 85 x 110
  • Fenced Yard
  • Landscaped with Trees

HOA Fees

  • $74 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Rear-Facing Garage
  • Private Driveway
  • Parking Lot

Home Design

  • Traditional Architecture

Interior Spaces

  • 3,365 Sq Ft Home
  • 2-Story Property
  • Bookcases
  • Tray Ceiling
  • Smooth Ceilings
  • Ceiling Fan
  • Gas Log Fireplace
  • Blinds
  • Entrance Foyer
  • Living Room with Fireplace
  • Breakfast Room
  • Dining Room
  • Home Office
  • Bonus Room
  • Screened Porch
  • Utility Room
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Gas Range
  • <<microwave>>
  • Dishwasher
  • Quartz Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Double Vanity
  • Soaking Tub
  • Shower Only in Primary Bathroom
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on upper level

Outdoor Features

  • Deck

Schools

  • Carpenter Elementary School
  • Alston Ridge Middle School
  • Green Hope High School

Utilities

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

Community Details

Overview

  • Association fees include insurance
  • Elite Mgmt Association
  • Carpenter Village Subdivision

Recreation

  • Community Playground
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,549

Year Built

Built in 2004

Lot Details

0

HOA Fees

$74 per month

Parking

2

Listing Details

  • Year Built: 2004
  • Prop. Type: Residential
  • Reso Association Fee Includes: Insurance
  • Subdivision Name: Carpenter Village
  • Above Grade Finished Sq Ft: 3365.0
  • 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: 85 x 110 x 85 x 110
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: Yes
  • Appliances Microwave: Yes
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Laundry Features Laundry Room: Yes
  • Sewer:Public Sewer: Yes
  • Structure Type Site Built: Yes
  • Water Source Public: Yes
  • Flooring Carpet: Yes
  • Flooring Hardwood: Yes
  • Interior Features Separate Shower: Yes
  • Interior Features Smooth Ceilings: Yes
  • Levels Two: Yes
  • Lot Features Hardwood Trees: 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
  • Architectural Style Traditional: Yes
  • Room Types Office: Yes
  • Room Types Primary Bedroom Level: 2
  • Laundry Features Upper Level: Yes
  • Room Types Utility Room: Yes
  • Room Types Living Room2: Yes
  • Room Types Breakfast Room: Yes
  • Interior Features Shower Only: Yes
  • General Property Information Senior Community YN: No
  • General Property Information Above Grade Finished Area: 3365.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 9365.4
  • General Property Information Lot Size Acres: 0.215
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Hardwood, Tile
  • Interior Amenities: Bookcases, Ceiling Fan(s), Double Vanity, Eat-in Kitchen, Entrance Foyer, Quartz Counters, Separate Shower, Shower Only, Smooth Ceilings, Soaking Tub, Tray Ceiling(s), Walk-In Closet(s), Walk-In Shower
  • Basement: Crawl Space
  • Appliances: Dishwasher, Gas Range, Gas Water Heater, Microwave
  • Basement YN: No
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Gas Log, Living Room
  • Fireplaces: 1
  • Total Bedrooms: 11
  • Appliances Dishwasher: Yes
  • Community Features:Playground2: Yes
  • Community Features:Pool2: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Interior Features:Double Vanity: Yes
  • Interior Features:Entrance Foyer: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Walk-In Shower: Yes
  • Basement:Crawl Space: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Interior Features:Quartz Counters: Yes
  • Interior Features:Tray Ceiling(s): Yes
  • Fireplace Features:Gas Log: Yes
  • Appliances:Gas Water Heater: Yes
  • Interior Features:Soaking Tub: Yes
  • Fireplace Features:Living Room: Yes
  • Interior Features:Bookcases: Yes
  • Appliances:Gas Range: Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Exterior Features: Fenced Yard
  • Acres: 0.22
  • Construction Type: Fiber Cement
  • Patio And Porch Features: Covered, Deck, Porch, Screened
  • Construction Materials:Fiber Cement: Yes
  • Lot Features:Landscaped: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Screened: Yes
  • Window Features:Blinds: Yes
  • Patio And Porch Features:Covered2: Yes
  • Patio And Porch Features:Deck2: Yes
  • Exterior Features:Fenced - Yard: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Concrete, Driveway, Garage, Garage Faces Rear, Parking Lot
  • Parking Features:Garage: Yes
  • Parking Features:Concrete4: Yes
  • Parking Features:Driveway: Yes
  • Parking Features:Parking Lot: Yes
  • Parking Features:Garage Faces Rear: Yes
  • General Property Information:Garage Spaces: 2.0

Utilities

  • Heating: Electric, Forced Air, Natural Gas
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Electric4: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Playground, Pool
  • Senior Community: No
  • Association Fee: 221.5
  • Association Fee Frequency: Quarterly
  • Association Name: Elite Mgmt
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: Elite Mgmt
  • Association Amenities:Pool: Yes
  • Association Fee Includes:Insurance2: Yes
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 221.5
  • General Property Information:Association Fee Frequency: Quarterly

Schools

  • Ninth Grade High School: Wake - Green Hope
  • Middle Or Junior School: Wake - Alston Ridge

Lot Info

  • Lot Dimensions: 85 x 110 x 85 x 110
  • Lot Size Sq Ft: 9365.4
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 5549.0
  • Tax Year: 2022

MLS Schools

  • Elementary School: Wake - Carpenter

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 6, 2022
Closed on
Nov 3, 2022
Sold by
Kouroupas Paul and Kouroupas Carolyn
Bought by
Schmitt Kaitlyn and Schmitt Joseph
Seller's Agent
Karen Coe
Keller Williams Legacy
Buyer's Agent
Steve Artabane
Urban Durham Realty
List Price
$829,999
Sold Price
$829,900
Premium/Discount to List
-$99
-0.01%
Views
4
Current Estimated Value
$908,137

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,237
Avg. Annual Appreciation
3.42%
Original Mortgage
$380,000
Outstanding Balance
$339,599
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
$568,538

Purchase Details

Closed on
Mar 15, 2017
Sold by
Farwick Paul R and Farwick Angie
Bought by
Kouroupas Paul and Kouroupas Carolyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
4.19%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 24, 2004
Sold by
Upright Builders Inc
Bought by
Farwick Paul R and Farwick Angie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$314,400
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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List 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
Schmitt Kaitlyn $830,000 --
Kouroupas Paul $513,500 None Available
Farwick Paul R $393,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schmitt Kaitlyn $380,000
Previous Owner Kouroupas Paul $250,000
Previous Owner Kouroupas Paul $200,000
Previous Owner Farwick Paul R $342,347
Previous Owner Farwick Paul R $350,000
Previous Owner Farwick Paul R $90,000
Previous Owner Farwick Paul R $314,400
Closed Farwick Paul R $39,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2023 12/15/23 Off Market $829,900 -- --
11/09/2022 11/09/22 Sold $829,900 0.0% $247 / Sq Ft
10/08/2022 10/08/22 Pending -- -- --
10/06/2022 10/06/22 For Sale $829,999 -- $247 / 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 $6,494 $772,059 $200,000 $572,059
2023 $5,764 $573,212 $125,000 $448,212
2022 $5,549 $573,212 $125,000 $448,212
2021 $5,437 $573,212 $125,000 $448,212
2020 $5,466 $573,212 $125,000 $448,212
2019 $5,292 $492,368 $120,000 $372,368
2018 $4,965 $492,368 $120,000 $372,368
2017 $4,771 $492,368 $120,000 $372,368
2016 $4,700 $492,368 $120,000 $372,368
2015 $4,598 $464,998 $90,000 $374,998
2014 $4,335 $464,998 $90,000 $374,998
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2477871

Doorify MLS

APN: 0735.04-92-3823-000