NOT LISTED FOR SALE

503 Pemberwich Place Cary, NC 27519

Twin Lakes Neighborhood

Estimated Value: $463,056 - $532,000

4 Beds
3.5 Baths
2,396 Sq Ft
$208/Sq Ft Est. Value

Sale Details

Date Sold: August 19, 2021

Last sale price $440,000 $184 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $3,203 / mo

5 Days on Market

Highlights

  • Deck
  • Traditional Architecture
  • End Unit
  • Parkside Elementary School Rated A
  • Wood Flooring
  • Community Pool

About This Home

As of August 2021

Beautiful East facing END UNIT townhome in The Townes at Twin Lakes. This 4 bedrooms 3.5 baths townhome has a large in-laws/guest suite on the 1st floor with a full bath. Open kitchen floor plan with granite countertop, tile backsplash on 2nd floor, 3 bedrooms on top floor with two full baths, Stunning Master bedroom with Trey Ceiling, separate tub and shower. Deck and privacy fence. close to, restaurants, shops, Hwy 540, RTP! Community Swimming Pool & Tennis Ct. NO RENTAL CAP!!PRIME LOCATION!!

Last Agent to Sell the Property

Wilson Parayil

Real Carolina Properties License #257410 Listed on: 07/17/2021

Last Buyer's Agent

Gretchen Coley

Compass -- Raleigh License #209948

Compass -- Raleigh

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,120

Year Built

  • Built in 2016

Lot Details

  • 3,049 Sq Ft Lot
  • End Unit
  • Privacy Fence

HOA Fees

Parking

  • 1 Car Garage
  • Garage Door Opener

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 2,396 Sq Ft Home
  • 3-Story Property

Kitchen

  • Gas Cooktop
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Rain Gutters

Schools

  • Parkside Elementary School
  • Alston Ridge Middle School
  • Panther Creek High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

Overview

  • Association fees include road maintenance
  • Twin Lakes Subdivision

Recreation

  • Community Pool

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,120

Year Built

Built in 2016

Lot Details

3,049 Sq Ft Lot

HOA Fees

$175 per month

Parking

1

Listing Details

  • Year Built: 2016
  • Prop. Type: Residential
  • Reso Association Fee Includes: Road Maintenance
  • Subdivision Name: Twin Lakes
  • Above Grade Finished Sq Ft: 2396.0
  • Architectural Style: Traditional
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Three Or More
  • New Construction: No
  • Contract Information Ownership Type: Townhouse
  • General Property Information Lot Size Dimensions: 0.07 Acres
  • 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
  • Appliances Microwave: Yes
  • Foundation Details Slab: Yes
  • Sewer:Public Sewer: Yes
  • Structure Type Site Built: Yes
  • Water Source Public: Yes
  • Cooling Zoned: Yes
  • Flooring Carpet: Yes
  • Architectural Style Traditional: Yes
  • Flooring Vinyl: Yes
  • Laundry Features Upper Level: Yes
  • Appliances Refrigerators: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Flooring Wood: Yes
  • Common Walls End Unit: Yes
  • Levels Three Or More: Yes
  • Fencing Privacy: Yes
  • General Property Information Above Grade Finished Area: 2396.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 3049.2
  • General Property Information Lot Size Acres: 0.07
  • General Property Information:Living Area3: 2396.0
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Flooring: Carpet, Combination, Vinyl, Wood
  • Appliances: Dishwasher, Dryer, Gas Cooktop, Microwave, Refrigerator, Washer
  • Basement YN: No
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Appliances Dishwasher: Yes
  • Appliances:Gas Cooktop: Yes

Exterior Features

  • Exterior Features: Rain Gutters
  • Fencing: Privacy
  • Acres: 0.07
  • Common Walls: End Unit
  • Construction Type: Brick, Fiber Cement
  • Foundation Details: Slab
  • Patio And Porch Features: Deck
  • Construction Materials:Fiber Cement: Yes
  • Exterior Features:Rain Gutters: Yes
  • Patio And Porch Features:Deck2: Yes
  • Construction Materials:Brick: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Garage, Garage Door Opener
  • Parking Features:Garage: Yes
  • Parking Features:Garage Door Opener: Yes
  • General Property Information:Garage Spaces: 1.0

Utilities

  • Heating: Forced Air, Natural Gas, Zoned
  • Cooling: 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

  • Association #2 Fee: 210.0
  • Association #2 Fee Frequency: Quarterly
  • Association Fee: 105.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • Association Amenities:Pool: Yes
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 105.0
  • General Property Information:Association Fee Frequency: Monthly
  • General Property Information:Association Fee 2: 210.0
  • General Property Information:Association Fee 2 Frequency: Quarterly

Schools

  • Ninth Grade High School: Wake - Panther Creek
  • Middle Or Junior School: Wake - Alston Ridge

Lot Info

  • Lot Dimensions: 0.07 Acres
  • Lot Size Sq Ft: 3049.2
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3120.0
  • Tax Year: 2020

MLS Schools

  • Elementary School: Wake - Parkside

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 17, 2021
Closed on
Aug 12, 2021
Sold by
Pal Rakesh Kumar and Rani Suman
Bought by
The Ahuja Family Revocable Trust
Seller's Agent
Wilson Parayil
Real Carolina Properties
Buyer's Agent
Gretchen Coley
Compass -- Raleigh
List Price
$440,000
Sold Price
$440,000
Current Estimated Value
$498,014

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,014
Avg. Annual Appreciation
2.72%
Original Mortgage
$330,000
Outstanding Balance
$300,072
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$197,942

Purchase Details

Listed on
May 14, 2021
Closed on
Jun 16, 2021
Sold by
Verma Gaurav and Verma Priyanka
Bought by
Pal Rakesh Kumar and Rani Suman
Seller's Agent
Bharti Chapola
Keller Williams Realty Cary
Buyer's Agent
Bharti Chapola
Keller Williams Realty Cary
List Price
$424,900
Sold Price
$435,000
Premium/Discount to List
$10,100
2.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,000
Outstanding Balance
$300,072
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$197,942

Purchase Details

Closed on
Jan 2, 2020
Sold by
Mckinnon Bruce A and Mckinnon Ashley M
Bought by
Verma Gaurav

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 29, 2016
Sold by
Nvr Inc
Bought by
Mckinnon Ii Bruce A and Mckinnon Ashley M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,140
Interest Rate
3.92%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
The Ahuja Family Revocable Trust $440,000 None Available
Pal Rakesh Kumar $435,000 None Available
Verma Gaurav $320,000 None Available
Mckinnon Ii Bruce A $279,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open The Ahuja Family Revocable Trust $330,000
Previous Owner Pal Rakesh Kumar $362,000
Previous Owner Verma Gaurav $304,000
Previous Owner Mckinnon Ii Bruce A $265,140
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/15/2023 12/15/23 Off Market $440,000 -- --
12/15/2023 12/15/23 Off Market $435,000 -- --
08/19/2021 08/19/21 Sold $440,000 0.0% $184 / Sq Ft
07/22/2021 07/22/21 Pending -- -- --
07/17/2021 07/17/21 For Sale $440,000 +1.1% $184 / Sq Ft
06/21/2021 06/21/21 Sold $435,000 +2.4% $182 / Sq Ft View Prior Sale
05/22/2021 05/22/21 Pending -- -- --
05/21/2021 05/21/21 For Sale $424,900 -- $177 / Sq Ft
Source: Doorify MLS

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 $4,155 $482,403 $110,000 $372,403
2024 $4,065 $482,403 $110,000 $372,403
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2396420

Doorify MLS

APN: 0745.01-39-1488-000

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