NOT LISTED FOR SALE

505 Elan Hall Rd Cary, NC 27519

Weldon Ridge Neighborhood

Estimated Value: $1,321,000 - $1,518,000

4 Beds
6 Baths
6,078 Sq Ft
$232/Sq Ft Est. Value

Last Sold October 20, 2021

Last sale price $985,000 $162 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $8,379/month

18 Days on Market

Highlights

  • Clubhouse
  • Deck
  • Wood Flooring
  • Mills Park Elementary School Rated A
  • Traditional Architecture
  • Finished Attic

About This Home

As of October 2021

Stunning estate home on a half-acre private lot, Exotic Brazilian Tiger Wood flooring throughout the main floor. Gourmet Kitchen w/gas cooktop, large island, custom granite countertops, and new appliances. High end four-season sunroom with UV-protection picture windows. Finished third floor with half bath. Finished basement comes with home theater, game room, bar, gym/exercise area, and more…. 4 Zone Climate Control HVAC system. Extended driveway with more than enough room for 4-6 cars. Amazing backyard!

Last Agent to Sell the Property

Mike Zhang

Triangle Property Service LLC License #236623 Listed on: 08/20/2021

Last Buyer's Agent

Joe Matthews

Real Triangle Properties LLC License #134224

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,473

Year Built

  • Built in 2008

Lot Details

  • 0.41 Acre Lot
  • Landscaped
  • Irrigation Equipment

HOA Fees

  • $78 Monthly HOA Fees

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Private Driveway

Home Design

  • Traditional Architecture
  • Brick Exterior Construction

Interior Spaces

  • 2-Story Property
  • Tray Ceiling
  • Smooth Ceilings
  • High Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Entrance Foyer
  • Family Room with Fireplace
  • Living Room
  • Breakfast Room
  • Dining Room
  • Home Office
  • Bonus Room
  • Sun or Florida Room
  • Finished Attic
  • Fire and Smoke Detector

Kitchen

  • Double Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Soaking Tub
  • Shower Only
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Finished Basement

  • Exterior Basement Entry
  • Natural lighting in basement

Outdoor Features

  • Deck
  • Enclosed Patio or Porch
  • Rain Gutters

Schools

  • Mills Park Elementary And Middle School
  • Green Level High School

Utilities

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

Community Details

Overview

  • Association fees include ground maintenance, road maintenance
  • Weldon Ridge Subdivision

Amenities

  • Clubhouse

Recreation

  • Community Pool
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,473

Year Built

Built in 2008

Lot Details

0

HOA Fees

$78 per month

Parking

2

Listing Details

  • Year Built: 2008
  • Prop. Type: Residential
  • Reso Association Fee Includes: Maintenance Grounds, Road Maintenance
  • Subdivision Name: Weldon Ridge
  • Above Grade Finished Sq Ft: 4620.0
  • 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: See survey
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: Yes
  • General Property Information Fireplace YN: Yes
  • Appliances Microwave: Yes
  • Cooling Central Air: 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 Carpet: Yes
  • Flooring Ceramic Tile: Yes
  • Flooring Hardwood: Yes
  • Interior Features Smooth Ceilings: Yes
  • Levels Two: 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 Den2: Yes
  • Room Types Dining Room2: Yes
  • Room Types Family Room2: Yes
  • Architectural Style Traditional: Yes
  • Room Types Office: Yes
  • Room Types Primary Bedroom Level: 2
  • Appliances Refrigerators: Yes
  • Room Types Living Room2: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Room Types Breakfast Room: Yes
  • Interior Features Bathtub Only: Yes
  • Interior Features Shower Only: Yes
  • Room Types Sunroom: Yes
  • Other Equipment Irrigation Equipment: Yes
  • General Property Information Above Grade Finished Area: 4620.0
  • General Property Information Below Grade Finished Area: 1458.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 17859.6
  • General Property Information Lot Size Acres: 0.41
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Interior Amenities: Bathtub Only, Ceiling Fan(s), Entrance Foyer, Granite Counters, High Ceilings, Pantry, Shower Only, Smooth Ceilings, Soaking Tub, Tray Ceiling(s), Walk-In Closet(s), Walk-In Shower
  • Basement: Daylight, Exterior Entry, Finished
  • Appliances: Dishwasher, Double Oven, Dryer, Gas Cooktop, Gas Water Heater, Microwave, Plumbed For Ice Maker, Range Hood, Refrigerator, Washer
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 1458.0
  • Fireplace Features: Family Room, Gas Log, Sealed Combustion
  • Fireplaces: 1
  • Total Bedrooms: 12
  • Appliances Dishwasher: Yes
  • Appliances:Gas Cooktop: Yes
  • Appliances:Plumbed For Ice Maker: Yes
  • Appliances:Range Hood: 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:Walk-In Closet(s): Yes
  • Interior Features:Walk-In Shower: Yes
  • Fireplace Features:Family Room: Yes
  • Fireplace Features:Sealed Combustion: Yes
  • Interior Features:Tray Ceiling(s): Yes
  • Fireplace Features:Gas Log: Yes
  • Appliances:Gas Water Heater: Yes
  • Interior Features:Soaking Tub: Yes
  • Basement:Daylight: Yes
  • Basement:Exterior Entry: Yes
  • Appliances:Double Oven: Yes
  • Attic Features:Walk-In Attic: Yes
  • Basement Finished: Yes
  • Attic Features:Finished2: Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Exterior Features: Rain Gutters
  • Acres: 0.41
  • Construction Type: Brick, Fiber Cement
  • Patio And Porch Features: Covered, Deck, Enclosed, Patio, Porch
  • Construction Materials:Fiber Cement: Yes
  • Exterior Features:Rain Gutters: Yes
  • Lot Features:Landscaped: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Covered2: Yes
  • Patio And Porch Features:Patio: Yes
  • Patio And Porch Features:Deck2: Yes
  • Construction Materials:Brick: Yes
  • Patio And Porch Features:Enclosed2: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Concrete, Detached, Driveway, Garage, Garage Door Opener
  • Parking Features:Garage: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Concrete4: Yes
  • Parking Features:Driveway: Yes
  • Parking Features:Detached: 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 Fee: 465.0
  • Association Fee Frequency: Semi-Annually
  • Association: Yes

Association/Amenities

  • Association Amenities:Pool: Yes
  • Association Amenities:Trail(s): Yes
  • Association Fee Includes:Maintenance Grounds2: Yes
  • Association Amenities:Clubhouse: Yes
  • General Property Information:Association Fee: 465.0
  • General Property Information:Association Fee Frequency: Semi-Annually

Schools

  • Ninth Grade High School: Wake - Green Level
  • Middle Or Junior School: Wake - Mills Park

Lot Info

  • Lot Dimensions: See survey
  • Lot Size Sq Ft: 17859.6
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 6473.0
  • Tax Year: 2020

MLS Schools

  • Elementary School: Wake - Mills Park

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 20, 2021
Closed on
Oct 22, 2021
Sold by
Zueng Erkang and Jiang Nan
Bought by
Arshad Waqas Mahmood and Ansari Sabeen
Seller's Agent
Mike Zhang
Triangle Property Service LLC
Buyer's Agent
Joe Matthews
Real Triangle Properties LLC
List Price
$979,000
Sold Price
$985,000
Premium/Discount to List
$6,000
0.61%
Current Estimated Value
$1,408,525

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$423,525
Avg. Annual Appreciation
9.60%
Original Mortgage
$735,000
Outstanding Balance
$671,704
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$736,821

Purchase Details

Closed on
Jun 3, 2008
Sold by
Parker & Orleans Homebuilders Inc
Bought by
Zheng Erkang and Jiang Nan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
5.97%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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
Arshad Waqas Mahmood $985,000 None Available
Arshad Waqas Mahmood $985,000 Becton Marcus
Zheng Erkang $584,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arshad Waqas Mahmood $735,000
Closed Arshad Waqas Mahmood $735,000
Previous Owner Jiang Nana $52,500
Previous Owner Zheng Erkang $415,000
Previous Owner Zheng Erkang $417,000
Previous Owner Zheng Erkang $413,000
Previous Owner Zheng Erkang $417,000
Previous Owner Calder Joseph M $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2023 12/15/23 Off Market $985,000 -- --
10/20/2021 10/20/21 Sold $985,000 +0.6% $162 / Sq Ft
09/11/2021 09/11/21 Pending -- -- --
08/24/2021 08/24/21 For Sale $979,000 -- $161 / 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 $9,564 $1,113,505 $250,000 $863,505
2024 $9,357 $1,113,505 $250,000 $863,505
2023 $6,862 $682,867 $122,000 $560,867
2022 $6,606 $682,867 $122,000 $560,867
2021 $6,473 $682,867 $122,000 $560,867
2020 $6,507 $682,867 $122,000 $560,867
2019 $6,614 $615,861 $122,000 $493,861
2018 $6,206 $615,861 $122,000 $493,861
2017 $5,963 $615,861 $122,000 $493,861
2016 $5,874 $615,861 $122,000 $493,861
2015 $5,959 $603,220 $112,000 $491,220
2014 $5,618 $579,803 $112,000 $467,803
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2021

    Mike Zhang

    Triangle Property Service LLC

    (919) 699-1345

    1 in this area

    29 Total Sales

    Mike Zhang
    Section Image
  • Joe Matthews

    Buyer's Agent in 2021

    Joe Matthews

    Real Triangle Properties LLC

    (919) 244-7733

    5 in this area

    380 Total Sales

    Joe Matthews
    Section Image
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Map

Source: Doorify MLS

MLS Number: 2402978

Doorify MLS

APN: 0724.01-38-3030-000

North Carolina Wake County Cary 27519 Weldon Ridge

505 Elan Hall Rd, Cary, NC

This home is located at 505 Elan Hall Rd, Cary, NC 27519 since 20 August 2021 and is currently estimated at $1,408,525, approximately $231 per square foot. This property was built in 2008. 505 Elan Hall Rd is a home located in Wake County with nearby schools including Mills Park Elementary School, Mills Park Middle School, and Green Level High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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