NOT LISTED FOR SALE

505 Panorama View Loop Cary, NC 27519

Estimated Value: $381,000 - $440,000

3 Beds
2.5 Baths
1,721 Sq Ft
$235/Sq Ft Est. Value

Last Sold January 13, 2023

Last sale price $375,000 $218 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $2,574/month

50 Days on Market

Highlights

  • Clubhouse
  • Wooded Lot
  • Traditional Architecture
  • Alston Ridge Elementary School Rated A
  • Vaulted Ceiling
  • Granite Countertops

About This Home

As of January 2023

Located in the HOT Cary zip code of 27519, this BETTER THAN NEW townhome is the ONE you've been waiting for! A covered front porch welcomes you HOME. Featuring 3 bedrooms and 2.5 baths, this home is well maintained and gently lived in. Spacious open floorplan (Living + Kitchen + Dining) with a really nice sized screened porch out back. A GREAT kitchen with loads of counterspace and storage, granite countertops, stainless steel appliances, gas range, pantry AND the refrigerator STAYS! Powder Room & Drop Zone are in the perfect location, convenient to the garage entrance, too! Upstairs you'll find a HUGE Primary Suite and luxury bath with soaking tub, separate shower and water closet, and two secondary bedrooms with a hall bath. The laundry is located in its own room, with even more storage! Tons of natural light and backing to a wooded area for maximum privacy! HOA cuts the grass! Close to all the shopping/restaurants at Parkside Town Commons, RDU, RTP, 540, etc... New water tank w/booster in 2022. *See Docs Section for more upgrades and improvements! Built in 2014.

Last Agent to Sell the Property

Nancy Grace

Keller Williams Legacy License #256398 Listed on: 10/18/2022

Last Buyer's Agent

Jodi Carey

Better Homes & Gardens Real Es License #307299

Better Homes & Gardens Real Es

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,624

Year Built

  • Built in 2014

Lot Details

  • 1,742 Sq Ft Lot
  • Wooded Lot
  • Landscaped with Trees

HOA Fees

Parking

  • 1 Car Garage
  • Garage Door Opener
  • Private Driveway

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 1,721 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Blinds
  • Entrance Foyer
  • Family Room with Fireplace
  • Living Room
  • Dining Room
  • Open Floorplan
  • Screened Porch
  • Utility Room
  • Home Security System

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • In-Law or Guest Suite
  • Private Water Closet
  • Soaking Tub
  • Shower Only
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on upper level

Outdoor Features

  • Rain Gutters

Schools

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

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Heat Pump System
  • Baseboard Heating
  • Electric Water Heater
  • Cable TV Available

Community Details

Overview

  • Association fees include ground maintenance, maintenance structure, storm water maintenance
  • Resource Prop Pros Association
  • Rpmpropertypros.Com Association
  • Stonewater Subdivision

Amenities

  • Clubhouse

Recreation

  • Community Playground
  • Community Pool
  • Trails

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,624

Year Built

Built in 2014

Lot Details

0

HOA Fees

$183 per month

Parking

1

Listing Details

  • Year Built: 2014
  • Prop. Type: Residential
  • Reso Association Fee Includes: Maintenance Grounds, Maintenance Structure, Storm Water Maintenance
  • Subdivision Name: Stonewater
  • Above Grade Finished Sq Ft: 1721.0
  • Architectural Style: Traditional
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Contract Information Ownership Type: Townhouse
  • General Property Information Lot Size Dimensions: see plat
  • 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
  • Cooling Central Air: Yes
  • Foundation Details Slab: Yes
  • Interior Features KitchenDining Room Combination: Yes
  • Interior Features Water Closet: Yes
  • Laundry Features Laundry Room: Yes
  • Sewer:Public Sewer: Yes
  • Structure Type Site Built: Yes
  • Water Source Public: Yes
  • Flooring Carpet: Yes
  • Levels Two: Yes
  • Lot Features Hardwood Trees: Yes
  • Room Types Bedroom 2 Level: 2
  • Room Types Bedroom 3 Level: 2
  • Room Types Dining Room2: Yes
  • Architectural Style Traditional: Yes
  • Room Types Primary Bedroom Level: 2
  • Flooring Vinyl: Yes
  • Interior Features LivingDining Room Combination: Yes
  • Laundry Features Upper Level: Yes
  • Room Types Utility Room: Yes
  • Appliances Refrigerators: Yes
  • Room Types Living Room2: Yes
  • Interior Features Shower Only: Yes
  • Utilities Cable Available: Yes
  • Security Features Security System: Yes
  • Flooring Laminate: Yes
  • Interior Features ApartmentSuite: Yes
  • General Property Information Association Name 2: rpmpropertypros.com
  • General Property Information Above Grade Finished Area: 1721.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 1742.4
  • General Property Information Lot Size Acres: 0.04
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses

Interior Features

  • Flooring: Carpet, Laminate, Vinyl
  • Interior Amenities: Apartment/Suite, Ceiling Fan(s), Entrance Foyer, Granite Counters, High Ceilings, Kitchen/Dining Room Combination, Living/Dining Room Combination, Pantry, Shower Only, Soaking Tub, Vaulted Ceiling(s), Walk-In Closet(s), Walk-In Shower, Water Closet
  • Appliances: Dishwasher, Electric Water Heater, Gas Range, Microwave, Refrigerator
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Family Room
  • Fireplaces: 1
  • Appliances Dishwasher: Yes
  • Community Features:Playground2: 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
  • Appliances:Electric Water Heater: Yes
  • Interior Features:Soaking Tub: Yes
  • Interior Features:Vaulted Ceiling(s): Yes
  • Appliances:Gas Range: Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Exterior Features: Rain Gutters
  • Acres: 0.04
  • Construction Type: Vinyl Siding
  • Foundation Details: Slab
  • Patio And Porch Features: Enclosed, Porch, Screened
  • Exterior Features:Rain Gutters: Yes
  • Lot Features:Landscaped: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Screened: Yes
  • Window Features:Blinds: Yes
  • Lot Features:Wooded: Yes
  • Construction Materials:Vinyl Siding: Yes
  • Patio And Porch Features:Enclosed2: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • 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: 1.0

Utilities

  • Utilities: Cable Available
  • Heating: Baseboard, Electric, Heat Pump, Natural Gas
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Electric4: Yes
  • Heating:Natural Gas: Yes
  • Heating:Heat Pump2: Yes
  • Heating:Baseboard: Yes

Condo/Co-op/Association

  • Community Features: Playground, Pool
  • Association #2 Fee: 105.0
  • Association #2 Fee Frequency: Monthly
  • Association Fee: 234.0
  • Association Fee Frequency: Quarterly
  • Association: rpmpropertypros.com
  • Association Name: Resource Prop Pros
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: Resource Prop Pros
  • Association Amenities:Pool: Yes
  • Association Amenities:Trail(s): Yes
  • Association Fee Includes:Maintenance Grounds2: Yes
  • Association Fee Includes:Maintenance Structure2: Yes
  • Association Amenities:Clubhouse: Yes
  • General Property Information:Association Fee: 234.0
  • General Property Information:Association Fee Frequency: Quarterly
  • General Property Information:Association Fee 2: 105.0
  • General Property Information:Association Fee 2 Frequency: Monthly

Schools

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

Lot Info

  • Zoning: RMFP
  • Lot Dimensions: see plat
  • Lot Size Sq Ft: 1742.4
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2624.0
  • Tax Year: 2022

MLS Schools

  • Elementary School: Wake - Alston Ridge

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 18, 2022
Closed on
Jan 10, 2023
Sold by
Pallo Mark R and Pallo Kamala L
Bought by
Srinivas Karthik and Murthy Akshata Srinivas
Seller's Agent
Nancy Grace
Keller Williams Legacy
Buyer's Agent
Jodi Carey
Better Homes & Gardens Real Es
List Price
$415,000
Sold Price
$375,000
Premium/Discount to List
-$40,000
-9.64%
Views
77
Current Estimated Value
$404,712

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,712
Avg. Annual Appreciation
2.77%
Original Mortgage
$300,000
Outstanding Balance
$290,535
Interest Rate
6.49%
Mortgage Type
New Conventional
Estimated Equity
$114,177

Purchase Details

Closed on
Feb 24, 2014
Sold by
Lennar Carolinas Llc
Bought by
Pallo Mark R and Pallo Kamala L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
4.42%
Mortgage Type
New Conventional
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
Srinivas Karthik $375,000 --
Pallo Mark R $200,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Srinivas Karthik $300,000
Previous Owner Pallo Mark R $175,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/15/2023 12/15/23 Off Market $375,000 -- --
01/13/2023 01/13/23 Sold $375,000 -6.3% $218 / Sq Ft
12/09/2022 12/09/22 Pending -- -- --
11/10/2022 11/10/22 Price Changed $400,000 -3.6% $232 / Sq Ft
10/20/2022 10/20/22 For Sale $415,000 -- $241 / 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 $3,267 $378,846 $95,000 $283,846
2024 $3,197 $378,846 $95,000 $283,846
2023 $2,726 $270,051 $55,000 $215,051
2022 $2,625 $270,051 $55,000 $215,051
2021 $2,572 $270,051 $55,000 $215,051
2020 $2,585 $270,051 $55,000 $215,051
2019 $2,177 $201,424 $50,000 $151,424
2018 $2,043 $201,424 $50,000 $151,424
2017 $1,964 $201,424 $50,000 $151,424
2016 $1,935 $201,424 $50,000 $151,424
2015 $1,649 $165,512 $40,000 $125,512
2014 $763 $82,200 $40,000 $42,200
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2023

    Nancy Grace

    Keller Williams Legacy

  • Jodi Carey

    Buyer's Agent in 2023

    Jodi Carey

    Better Homes & Gardens Real Es

    (914) 522-2309

    24 Total Sales

    Jodi Carey
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Map

Source: Doorify MLS

MLS Number: 2479772

Doorify MLS

APN: 0726.04-94-4139-000

North Carolina Wake County Cary 27519

505 Panorama View Loop, Cary, NC

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