NOT LISTED FOR SALE

505 Queensferry Rd Cary, NC 27511

MacGregor Downs Neighborhood

Estimated Value: $2,688,000 - $3,662,155

5 Beds
7 Baths
5,500 Sq Ft
$558/Sq Ft Est. Value

Last Sold January 06, 2022

Last sale price $2,837,250 $516 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $16,661/month

493 Days on Market

Highlights

  • New Construction
  • French Provincial Architecture
  • Main Floor Primary Bedroom
  • Briarcliff Elementary School Rated A
  • Wood Flooring
  • 2 Fireplaces

About This Home

As of January 2022

Pre-Sale luxury custom home in the Prestigious MacGregor Downs Golf Community with builder, Dogwood & Company! Ready to build golf lot with stunning views! Lot brings add' opportunity for a side walkout/English basement & great outdoor living space for a pool & entertainment. Bring your floorplan or select from Dogwood & Co's designer selected floorplans! Builder's design team offers turn-key solutions from floorplans to design selections & finishes. Build your dream home today! (Photos are inspirational)

Last Agent to Sell the Property

Jennifer Blanton

Fathom Realty NC License #308553 Listed on: 08/01/2020

Fathom Realty NC

Last Buyer's Agent

Non Member

Non Member Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,593

Year Built

  • Built in 2022 | New Construction

Lot Details

  • 0.77 Acre Lot
  • Lot Dimensions are 125x274x126x252
  • Property is zoned R12

HOA Fees

  • $8 Monthly HOA Fees

Parking

  • 3 Car Garage

Home Design

  • French Provincial Architecture
  • Brick Exterior Construction
  • Stone

Interior Spaces

  • 5,500 Sq Ft Home
  • 2-Story Property
  • 2 Fireplaces
  • Gas Log Fireplace
  • Wood Flooring
  • Crawl Space

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main

Schools

  • Briarcliff Elementary School
  • East Cary Middle School
  • Apex Friendship High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Propane
  • Tankless Water Heater

Community Details

  • Macgregor Downs Association
  • Built by Dogwood and Company, LLC
  • Macgregor Downs Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,593

Year Built

Built in 2022 | New Construction

Lot Details

0

HOA Fees

$8 per month

Parking

3

Listing Details

  • Builder Name: Dogwood and Company, LLC
  • Year Built: 2022
  • Prop. Type: Residential
  • Subdivision Name: MacGregor Downs
  • Above Grade Finished Sq Ft: 5500.0
  • Architectural Style: French Provincial
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: Yes
  • Contract Information Ownership Type: Other
  • General Property Information Lot Size Dimensions: 125x274x126x252
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: Yes
  • Cooling Central Air: Yes
  • Structure Type Site Built: Yes
  • Contract Information Estimated Completion Date: 2023-01-01
  • Cooling Zoned: Yes
  • Flooring Hardwood: Yes
  • Levels Two: Yes
  • Property Condition Framed: No
  • Room Types Primary Bedroom Level: M
  • General Property Information Senior Community YN: No
  • Architectural Style French Province: Yes
  • General Property Information Above Grade Finished Area: 5500.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 33541.2
  • General Property Information Lot Size Acres: 0.77
  • General Property Information:Living Area3: 5500.0
  • General Property Information Builder Name: Dogwood and Company, LLC
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Flooring: Hardwood
  • Interior Amenities: Primary Downstairs
  • Basement: Crawl Space
  • Appliances: Tankless Water Heater
  • Basement YN: No
  • Full Bathrooms: 5
  • Half Bathrooms: 2
  • Total Bedrooms: 5
  • Fireplace Features: Gas Log
  • Fireplaces: 2
  • Appliances:Tankless Water Heater: Yes
  • Interior Features:Primary Downstairs: Yes
  • Basement:Crawl Space: Yes
  • Fireplace Features:Gas Log: Yes
  • Fireplace Features:Fireplaces Total: 2

Exterior Features

  • Acres: 0.77
  • Construction Type: Brick, Stone
  • Construction Materials:Stone: Yes
  • Construction Materials:Brick: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 3.0
  • Parking Features: Garage
  • Parking Features:Garage: Yes
  • General Property Information:Garage Spaces: 3.0

Utilities

  • Heating: Propane, Zoned
  • Cooling: Central Air, Zoned
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Zoned2: Yes
  • Heating:Propane2: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 100.0
  • Association Fee Frequency: Annually
  • Association Name: MacGregor Downs
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: MacGregor Downs
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 100.0
  • General Property Information:Association Fee Frequency: Annually

Schools

  • Ninth Grade High School: Wake - Apex Friendship
  • Middle Or Junior School: Wake - East Cary

Lot Info

  • Zoning: R12
  • Lot Dimensions: 125x274x126x252
  • Lot Size Sq Ft: 33541.2
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 6593.0

MLS Schools

  • Elementary School: Wake - Briarcliff

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2020
Closed on
Jan 4, 2022
Sold by
Dogwood & Company Llc
Bought by
Sphere Properties Llc
Seller's Agent
Jennifer Blanton
Fathom Realty NC
Buyer's Agent
Non Member
Non Member Office
List Price
$2,700,000
Sold Price
$2,837,250
Premium/Discount to List
$137,250
5.08%
Current Estimated Value
$3,070,385

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$233,135
Avg. Annual Appreciation
1.98%
Original Mortgage
$743,750
Outstanding Balance
$685,548
Interest Rate
3.12%
Mortgage Type
New Conventional
Estimated Equity
$2,384,837

Purchase Details

Closed on
Jul 27, 2020
Sold by
Keary Joan B
Bought by
Dogwood & Company Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$616,000
Interest Rate
3.1%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Dec 21, 2005
Sold by
Keary Frank V and Keary Joan B
Bought by
Keary Joan B

Purchase Details

Closed on
Jul 14, 1998
Sold by
Brothers Walter L
Bought by
Keary Frank and Keary Joan B
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Sphere Properties Llc $875,000 Jackson Law Pc
Dogwood & Company Llc $750,000 None Available
Dogwood & Company Llc $750,000 None Listed On Document
Keary Joan B -- None Available
Keary Frank $284,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sphere Properties Llc $743,750
Previous Owner Dogwood & Company Llc $616,000
Previous Owner Dogwood & Company Llc $568,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/15/2023 12/15/23 Off Market $2,837,250 -- --
01/06/2022 01/06/22 Sold $2,837,250 +11.3% $516 / Sq Ft
12/07/2021 12/07/21 Pending -- -- --
06/07/2021 06/07/21 Price Changed $2,550,000 +2.0% $464 / Sq Ft
01/26/2021 01/26/21 Price Changed $2,499,999 -8.3% $455 / Sq Ft
01/05/2021 01/05/21 Price Changed $2,725,000 +0.9% $495 / Sq Ft
08/01/2020 08/01/20 For Sale $2,700,000 -- $491 / 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 -- $2,449,752 $840,000 $1,609,752
2024 $7,173 $855,500 $840,000 $15,500
Source: Public Records

Agents Affiliated with this Home

  • Jennifer Blanton

    Seller's Agent in 2022

    Jennifer Blanton

    Fathom Realty NC

    (919) 208-5332

    4 in this area

    46 Total Sales

    Jennifer Blanton
    Section Image

  • N

    Buyer's Agent in 2022

    Non Member

    Non Member Office

See All Agents

Map

Source: Doorify MLS

MLS Number: 2334564

Doorify MLS

APN: 0762.05-08-1208-000

North Carolina Wake County Cary 27511 MacGregor Downs

505 Queensferry Rd, Cary, NC

Not Listed for Sale

Detached

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