NOT LISTED FOR SALE

505 Commons Walk Cir Cary, NC 27519

Carpenter Neighborhood

Estimated Value: $709,000 - $740,000

3 Beds
2.5 Baths
2,726 Sq Ft
$265/Sq Ft Est. Value

Last Sold September 15, 2021

Last sale price $545,100 $200 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $4,455/month

12 Days on Market

Highlights

  • Tennis Courts
  • Waterfront
  • Wood Flooring
  • Carpenter Elementary Rated A
  • Transitional Architecture
  • Main Floor Primary Bedroom

About This Home

As of September 2021

Well Maintained beautiful home! Hardwood entire house! Brick courtyard! Custom shutters, moldings, and built-ins. Granite counters, built-in oven, microwave, and down/draft gas cooktop. White glazed cabinets & tile back splash! Expansive breakfast bar, Walk to pool, tennis, lake! Bonus could be 4th Bdrm. Great schools! All furniture negotiable, bought new, used for 1 month.

Last Agent to Sell the Property

Huaqin Pan

CHK Realty License #277782 Listed on: 07/28/2021

CHK Realty

Last Buyer's Agent

Cal Bennett

Bennett Wells Realty, LTD License #228176

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,716

Year Built

  • Built in 2005

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 43x110x43x110
  • Waterfront
  • Landscaped

HOA Fees

  • $217 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Rear-Facing Garage

Home Design

  • Transitional Architecture
  • Charleston Architecture
  • Brick Exterior Construction

Interior Spaces

  • 2,726 Sq Ft Home
  • 2-Story Property
  • Bookcases
  • High Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Insulated Windows
  • Entrance Foyer
  • Living Room with Fireplace
  • Breakfast Room
  • Dining Room
  • Bonus Room
  • Screened Porch
  • Storage
  • Utility Room
  • Water Views
  • Crawl Space
  • Attic Floors

Kitchen

  • Eat-In Kitchen
  • Gas Cooktop
  • Down Draft Cooktop
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Whirlpool Bathtub
  • Separate Shower in Primary Bathroom
  • Bathtub with Shower
  • Separate Shower

Laundry

  • Laundry Room
  • Laundry on main level

Home Security

  • Home Security System
  • Fire and Smoke Detector

Outdoor Features

  • Tennis Courts
  • Patio
  • Rain Gutters

Schools

  • Wake County Schools Elementary And Middle School
  • Wake County Schools High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Tankless Water Heater
  • Gas Water Heater
  • Cable TV Available

Community Details

Overview

  • Carpenter Village Subdivision

Recreation

  • Tennis Courts
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,716

Year Built

Built in 2005

Lot Details

0

HOA Fees

$217 per month

Parking

2

Listing Details

  • Year Built: 2005
  • Prop. Type: Residential
  • Subdivision Name: Carpenter Village
  • Above Grade Finished Sq Ft: 2726.0
  • Architectural Style: Charleston, Transitional
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Contract Information Ownership Type: Other
  • General Property Information Above Grade Unfinished Area: 405.0
  • General Property Information Total Unfinished Area2: 405.0
  • General Property Information Lot Size Dimensions: 43x110x43x110
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: Yes
  • Appliances Microwave: Yes
  • Architectural Style Transitional: Yes
  • Flooring Tile: Yes
  • Interior Features BathtubShower Combination: Yes
  • Laundry Features Laundry Room: Yes
  • Laundry Features Main Level: Yes
  • Security Features Smoke Detector(s): Yes
  • Sewer:Public Sewer: Yes
  • Structure Type Site Built: Yes
  • Water Source Public: Yes
  • Cooling Zoned: Yes
  • Flooring Hardwood: Yes
  • Interior Features Separate Shower: 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 Primary Bedroom Level: M
  • Room Types Utility Room: Yes
  • Room Types Living Room2: Yes
  • Room Types Breakfast Room: Yes
  • Utilities Cable Available: Yes
  • Security Features Security System: Yes
  • Architectural Style Charleston: Yes
  • Lot Water Features Water View: Yes
  • General Property Information Above Grade Finished Area: 2726.0
  • General Property Information Carport YN: No
  • Appliances Cooktop - Down: Yes
  • General Property Information Lot Size Square Feet2: 4791.6
  • General Property Information Lot Size Acres: 0.11
  • General Property Information:Living Area3: 2726.0
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Hardwood, Tile
  • Interior Amenities: Bathtub/Shower Combination, Bookcases, Ceiling Fan(s), Eat-in Kitchen, Entrance Foyer, Granite Counters, High Ceilings, Pantry, Primary Downstairs, Separate Shower, Storage, Walk-In Closet(s), Whirlpool Tub
  • Basement: Crawl Space
  • Appliances: Cooktop - Down, Dishwasher, Gas Cooktop, Gas Water Heater, Microwave, Plumbed For Ice Maker, Tankless Water Heater
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log, Gas Starter, Living Room
  • Fireplaces: 1
  • Appliances Dishwasher: Yes
  • Appliances:Gas Cooktop: Yes
  • Appliances:Plumbed For Ice Maker: Yes
  • Appliances:Tankless Water Heater: Yes
  • Community Features:Pool2: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Interior Features:Entrance Foyer: Yes
  • Interior Features:Granite Counters: Yes
  • Interior Features:High Ceilings: Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Primary Downstairs: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Basement:Crawl Space: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Interior Features:Storage3: Yes
  • Fireplace Features:Gas Log: Yes
  • Appliances:Gas Water Heater: Yes
  • Fireplace Features:Living Room: Yes
  • Interior Features:Bookcases: Yes
  • Attic Features:Floored: Yes
  • Interior Features:Whirlpool Tub: Yes
  • Attic Features:Walk-In Attic: Yes
  • Fireplace Features:Gas Starter: Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Water Body Name: Carpenter Lake
  • Exterior Features: Rain Gutters, Tennis Court(s)
  • Acres: 0.11
  • Waterfront: Yes
  • Construction Type: Brick, Fiber Cement
  • Patio And Porch Features: Enclosed, Patio, Porch, Screened
  • Construction Materials:Fiber Cement: Yes
  • Exterior Features:Rain Gutters: Yes
  • Lot Features:Landscaped: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Screened: Yes
  • Patio And Porch Features:Patio: Yes
  • Window Features:Insulated Windows: Yes
  • Construction Materials:Brick: Yes
  • Patio And Porch Features:Enclosed2: Yes
  • Exterior Features:Tennis Court(s)3: Yes

Garage/Parking

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

Utilities

  • Utilities: Cable Available
  • Heating: Electric, Forced Air, Natural Gas, Zoned
  • Cooling: Zoned
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Electric4: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes
  • Heating:Zoned2: Yes

Condo/Co-op/Association

  • Community Features: Pool
  • Association Fee: 217.15
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • Association Amenities:Pool: Yes
  • Association Amenities:Tennis Courts: Yes
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 217.15
  • General Property Information:Association Fee Frequency: Monthly

Schools

  • Ninth Grade High School: Wake County Schools
  • Middle Or Junior School: Wake County Schools

Lot Info

  • Lot Dimensions: 43x110x43x110
  • Lot Size Sq Ft: 4791.6
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4716.0
  • Tax Year: 2020

MLS Schools

  • Elementary School: Wake County Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 28, 2021
Closed on
Aug 27, 2021
Sold by
Yang Xiaoyan and Wei Hong Fang
Bought by
Kriplani Nikhil M and Wise Kriplani Mary
Seller's Agent
Huaqin Pan
CHK Realty
Buyer's Agent
Cal Bennett
Bennett Wells Realty, LTD
List Price
$559,900
Sold Price
$545,100
Premium/Discount to List
-$14,800
-2.64%
Current Estimated Value
$723,543

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$178,443
Avg. Annual Appreciation
6.69%
Original Mortgage
$408,825
Outstanding Balance
$371,445
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$352,098

Purchase Details

Closed on
Sep 29, 2016
Sold by
Kelly Kenneth Steven and Kelly Patricia Jarmon
Bought by
Yang Xiaoyan and Wei Hongfang

Purchase Details

Closed on
Jun 29, 2005
Sold by
Wardson Construction Inc
Bought by
Kelly Kenneth Steven and Kelly Patricia Jarmon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,000
Interest Rate
5.66%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Oct 19, 2004
Sold by
Farrell Land Co Llc
Bought by
Wardson Construction Inc
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
Kriplani Nikhil M $545,500 None Available
Yang Xiaoyan $420,000 None Available
Kelly Kenneth Steven $375,000 --
Wardson Construction Inc $80,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kriplani Nikhil M $408,825
Previous Owner Kelly Kenneth Steven $155,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/15/2023 12/15/23 Off Market $545,100 -- --
09/15/2021 09/15/21 Sold $545,100 +2.8% $200 / Sq Ft
08/09/2021 08/09/21 Pending -- -- --
08/08/2021 08/08/21 Price Changed $530,000 -5.3% $194 / Sq Ft
07/28/2021 07/28/21 For Sale $559,900 -- $205 / 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 $5,773 $671,230 $135,000 $536,230
2024 $5,648 $671,230 $135,000 $536,230
2023 $4,999 $496,948 $95,000 $401,948
2022 $4,813 $496,948 $95,000 $401,948
2021 $4,716 $496,948 $95,000 $401,948
2020 $4,741 $496,948 $95,000 $401,948
2019 $4,466 $415,234 $85,000 $330,234
2018 $0 $415,234 $85,000 $330,234
2017 $0 $415,234 $85,000 $330,234
2016 -- $415,234 $85,000 $330,234
2015 -- $395,622 $78,000 $317,622
2014 -- $395,622 $78,000 $317,622
Source: Public Records

Agents Affiliated with this Home

  • H

    Seller's Agent in 2021

    Huaqin Pan

    CHK Realty

    (919) 434-4665

    1 in this area

    14 Total Sales

    Huaqin Pan
    Section Image

  • C

    Buyer's Agent in 2021

    Cal Bennett

    Bennett Wells Realty, LTD

    Section Image
See All Agents

Map

Source: Doorify MLS

MLS Number: 2398509

Doorify MLS

APN: 0745.03-12-7988-000

North Carolina Wake County Cary 27519 Carpenter

505 Commons Walk Cir, Cary, NC

Not Listed for Sale

Detached

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