NOT LISTED FOR SALE

507 Emerald Downs Rd Cary, NC 27519

Cary Park Neighborhood

Estimated Value: $606,000 - $639,614

3 Beds
2.5 Baths
2,344 Sq Ft
$265/Sq Ft Est. Value

Sale Details

Date Sold: May 10, 2024

Last sale price $671,000 $286 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $3,778 / mo

1 Day on Market

Highlights

  • 46 Feet of Waterfront
  • Fitness Center
  • Traditional Architecture
  • Hortons Creek Elementary Rated A
  • Clubhouse
  • 4-minute walk to Amberly Wellness Park

About This Home

As of May 2024

This well kept, water view home is truly move in ready. Fresh paint, hardwood floor through out the whole house, Huge kitchen with oversize granite island is open to family room, perfect for entertaining. Drop by the club house with pools, indoor gym, fitness center and more. MUST SEE!!!

Last Agent to Sell the Property

Patrick Shin

CONNECT PROPERTIES INC License #252812 Listed on: 03/22/2024

CONNECT PROPERTIES INC

Last Buyer's Agent

Vir Parmar

LP Realty License #338483

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,456

Year Built

  • Built in 2006

Lot Details

  • 5,227 Sq Ft Lot
  • 46 Feet of Waterfront
  • No Units Located Below
  • No Unit Above or Below

HOA Fees

  • $83 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Traditional Architecture

Interior Spaces

  • 2,344 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Wood Flooring
  • Water Views

Kitchen

  • Double Oven
  • Gas Cooktop
  • Microwave
  • Ice Maker
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Schools

  • Hortons Creek Elementary School
  • Mills Park Middle School
  • Panther Creek High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 0725.04-84-0783.000

Community Details

Overview

  • Association fees include storm water maintenance
  • Arlington At Amberly HOA, Phone Number (919) 222-7345
  • Amberly Subdivision

Amenities

  • Clubhouse

Recreation

  • Fitness Center
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,456

Year Built

Built in 2006

Lot Details

5,227 Sq Ft Lot

HOA Fees

$83 per month

Parking

2

Listing Details

  • Year Built: 2006
  • Prop. Type: Residential
  • Reso Association Fee Includes: Storm Water Maintenance
  • Subdivision Name: Amberly
  • Above Grade Finished Sq Ft: 2344.0
  • Architectural Style: Traditional
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: Yes
  • Appliances Microwave: Yes
  • Cooling Central Air: Yes
  • Structure Type Site Built: Yes
  • Water Source Public: Yes
  • Flooring Hardwood: Yes
  • Levels Two: Yes
  • Architectural Style Traditional: Yes
  • Laundry Features Upper Level: Yes
  • Appliances Refrigerators: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • General Property Information Association Phone: 9192227345
  • General Property Information Senior Community YN: No
  • General Property Information Enhanced Accessible2: No
  • General Property Information Water Frontage Length2: 46.0
  • General Property Information Monthly Association Fees2: 83.0
  • General Property Information Spa YN: No
  • Common Walls No One Above: Yes
  • Common Walls No One Below: Yes
  • Lot Water Features Water View: Yes
  • Lot Water Features Waterfront3: Yes
  • General Property Information Above Grade Finished Area: 2344.0
  • General Property Information Carport YN: No
  • Common Walls No Common Walls: Yes
  • General Property Information Lot Size Square Feet2: 5227.0
  • General Property Information Lot Size Acres: 0.12
  • General Property Information Stories2: 2
  • General Property Information:Living Area3: 2344.0
  • General Property Information Waterfront YN: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Flooring: Hardwood
  • Private Spa: No
  • Appliances: Cooktop, Dishwasher, Double Oven, Dryer, Gas Cooktop, Ice Maker, Microwave, Refrigerator, Stainless Steel Appliance(s), Washer
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Stories: 2
  • Appliances Dishwasher: Yes
  • Appliances:Gas Cooktop: Yes
  • Community Features:Pool2: Yes
  • Appliances:Cooktop: Yes
  • Appliances:Double Oven: Yes
  • Community Features:Fitness Center2: Yes
  • Appliances:Stainless Steel Appliance(s): Yes
  • Fireplace Features:Fireplaces Total: 1
  • Appliances:Ice Maker: Yes
  • Community Features:Clubhouse2: Yes

Exterior Features

  • Water Body Name: Albermarle Sound
  • Fencing: None
  • Acres: 0.12
  • Waterfront Features: Waterfront
  • Waterfront: Yes
  • Common Walls: No Common Walls, No One Above, No One Below
  • Construction Type: Fiber Cement
  • Construction Materials:Fiber Cement: Yes
  • Waterfront Features:Waterfront2: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Open Parking: No
  • Total Parking Spaces: 2.0
  • General Property Information:Garage Spaces: 2.0
  • General Property Information:Attached Garage YN: Yes
  • General Property Information:Parking Total: 2.0
  • General Property Information:Open Parking YN2: No

Utilities

  • Heating: Natural Gas
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Clubhouse, Fitness Center, Pool
  • Senior Community: No
  • Association Fee: 83.0
  • Association Fee Frequency: Monthly
  • Association Name: Arlington at Amberly HOA
  • Phone: 919-222-7345
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: Arlington at Amberly HOA
  • Association Amenities:Pool: Yes
  • Association Amenities:Clubhouse: Yes
  • Association Amenities:Fitness Center: Yes
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 83.0
  • General Property Information:Association Fee Frequency: Monthly

Schools

  • Ninth Grade High School: Wake - Panther Creek
  • Middle Or Junior School: Wake - Mills Park

Lot Info

  • Lot Size Sq Ft: 5227.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 0725.04-84-0783.000

Tax Info

  • Tax Annual Amount: 3455.86
  • Tax Year: 2023
  • Tax Map Number: 102

MLS Schools

  • Elementary School: Wake - Hortons Creek

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 2, 2025
Sold by
Bansal Rahul and Singla Vandana
Bought by
Bansal Living Trust and Bansal
Current Estimated Value
$621,154

Purchase Details

Listed on
Mar 22, 2024
Closed on
Apr 29, 2024
Sold by
Kim Jihwan and Yoon Meeok
Bought by
Bansal Rahul and Singla Vandana
Seller's Agent
Patrick Shin
CONNECT PROPERTIES INC
Buyer's Agent
Vir Parmar
LP Realty
List Price
$635,000
Sold Price
$671,000
Premium/Discount to List
$36,000
5.67%
Views
35

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.90%
Original Mortgage
$396,000
Interest Rate
6.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 25, 2016
Sold by
Choi Byungjoo and Kim Miran
Bought by
Kim Jihwan and Yoon Meeok

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,000
Interest Rate
3.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 30, 2013
Sold by
Kim Dohyeong and Kim Hyein
Bought by
Choi Byungjoo and Kim Miran

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$233,700
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 30, 2006
Sold by
Kb Home Raleigh Durham Inc
Bought by
Kim Dohyeong and Kim Hyein

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$234,850
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 28, 2006
Sold by
Scc Canyon Ii Llc
Bought by
Kb Home Raleigh Durham Llc
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
Bansal Living Trust -- None Listed On Document
Bansal Living Trust -- None Listed On Document
Bansal Rahul $671,000 None Listed On Document
Kim Jihwan $330,000 None Available
Choi Byungjoo $246,000 None Available
Kim Dohyeong $295,000 None Available
Kb Home Raleigh Durham Llc $367,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bansal Rahul $396,000
Previous Owner Kim Jihwan $290,000
Previous Owner Choi Byungjoo $233,700
Previous Owner Kim Dohyeong $234,850
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/10/2024 05/10/24 Sold $671,000 +5.7% $286 / Sq Ft
03/24/2024 03/24/24 Pending -- -- --
03/22/2024 03/22/24 For Sale $635,000 -- $271 / 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 $5,094 $591,965 $200,000 $391,965
2024 $4,984 $591,965 $200,000 $391,965
2023 $3,456 $342,940 $86,000 $256,940
2022 $3,328 $342,940 $86,000 $256,940
2021 $3,261 $342,940 $86,000 $256,940
2020 $3,278 $342,940 $86,000 $256,940
2019 $3,156 $292,937 $86,000 $206,937
2018 $2,962 $292,937 $86,000 $206,937
2017 $2,847 $292,937 $86,000 $206,937
2016 $2,804 $292,937 $86,000 $206,937
2015 $2,835 $285,964 $80,000 $205,964
2014 $2,674 $285,964 $80,000 $205,964
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2024

    Patrick Shin

    CONNECT PROPERTIES INC

    (919) 606-0153

    2 in this area

    95 Total Sales

    Patrick Shin
    Section Image

  • V

    Buyer's Agent in 2024

    Vir Parmar

    LP Realty

    (410) 330-4767

    8 in this area

    44 Total Sales

    Vir Parmar
    Section Image
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Map

Source: Doorify MLS

MLS Number: 10018870

Doorify MLS

APN: 0725.04-84-0783-000

North Carolina Wake County Cary 27519 Cary Park

507 Emerald Downs Rd, Cary, NC

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