NOT LISTED FOR SALE

531 Springfork Dr Unit 332 Cary, NC 27513

South Cary Neighborhood

Estimated Value: $310,000 - $364,000

2 Beds
2 Baths
1,295 Sq Ft
$337/mo HOA Fee

Last Sold June 16, 2023

Last sale price $353,500 $273 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $2,385/month

4 Days on Market

Highlights

  • Waterfront
  • Vaulted Ceiling
  • End Unit
  • Briarcliff Elementary School Rated A
  • Traditional Architecture
  • Granite Countertops

About This Home

As of June 2023

2 Bedroom 2 Bath lake front condo in Edgehill Farms Community. Located in Cary, NC on Holiday Acres Lake with lots of wildlife, community pool and walking trail. This recently renovated, owner-occupied condo is full of many updates. Beautiful updated kitchen with new appliances, granite countertops, cabinets and recessed lighting throughout. Popcorn ceilings have been removed and painted with newly painted walls. New windows installed 2022. HVAC is less than 5 years old. Water heater replaced 2020. Wood burning fireplace and stone tile work. The condo is a must see and move in ready. Close to downtown Cary, RDU, RTP, I-40, nearby shopping and dining. Each unit has assigned parking. Water and sewer included in HOA dues. Recently wired for Google fiber.

Last Agent to Sell the Property

David Wilson

Carolina's Choice Real Estate License #158379 Listed on: 05/20/2023

Co-Listed By

Shelley Allen

Carolina's Choice Real Estate License #184472

Last Buyer's Agent

Non Member

Non Member Office

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,742

Year Built

  • Built in 1987

Lot Details

  • Waterfront
  • End Unit
  • Landscaped

HOA Fees

Home Design

  • Traditional Architecture
  • Cedar

Interior Spaces

  • 1,295 Sq Ft Home
  • 1-Story Property
  • Smooth Ceilings
  • Vaulted Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Insulated Windows
  • Entrance Foyer
  • Family Room with Fireplace
  • Dining Room
  • Water Views
  • Laundry on main level

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Granite Countertops

Flooring

  • Carpet
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Shower Only
  • Walk-in Shower

Parking

  • Parking Lot
  • Assigned Parking

Outdoor Features

  • Covered Patio or Porch
  • Rain Gutters

Schools

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

Utilities

  • Cooling Available
  • Heat Pump System
  • Electric Water Heater

Community Details

Overview

  • Association fees include ground maintenance, maintenance structure
  • Cedar Pointe Condos Subdivision

Recreation

  • Community Pool
  • Trails

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,742

Year Built

Built in 1987

Lot Details

0

HOA Fees

$337 per month

Listing Details

  • Year Built: 1987
  • Prop. Type: Residential
  • Reso Association Fee Includes: Maintenance Grounds, Maintenance Structure
  • Co List Office Phone: 919-788-9525
  • Subdivision Name: Cedar Pointe Condos
  • Above Grade Finished Sq Ft: 1295.0
  • Architectural Style: Traditional
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Contract Information Ownership Type: Condominium
  • General Property Information Lot Size Dimensions: 0
  • 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
  • Flooring Luxury Vinyl: Yes
  • Interior Features BathtubShower Combination: Yes
  • Laundry Features Main Level: Yes
  • Levels One: Yes
  • Sewer:Public Sewer: Yes
  • Structure Type Site Built: Yes
  • Water Source Public: Yes
  • Flooring Carpet: Yes
  • Interior Features Smooth Ceilings: Yes
  • Room Types Bedroom 2 Level: M
  • Room Types Dining Room2: Yes
  • Room Types Family Room2: Yes
  • Architectural Style Traditional: Yes
  • Room Types Primary Bedroom Level: M
  • Interior Features Shower Only: Yes
  • Common Walls End Unit: Yes
  • Lot Water Features Water View: Yes
  • Lot Water Features Waterfront3: Yes
  • General Property Information Above Grade Finished Area: 1295.0
  • General Property Information Carport YN: No
  • General Property Information:Living Area3: 1295.0
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Carpet, Luxury Vinyl
  • Interior Amenities: Bathtub/Shower Combination, Ceiling Fan(s), Eat-in Kitchen, Entrance Foyer, Granite Counters, Shower Only, Smooth Ceilings, Vaulted Ceiling(s), Walk-In Closet(s), Walk-In Shower
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Microwave, Plumbed For Ice Maker
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Family Room, Wood Burning
  • Fireplaces: 1
  • Appliances Dishwasher: Yes
  • Appliances:Plumbed For Ice Maker: Yes
  • Community Features:Pool2: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Interior Features:Entrance Foyer: Yes
  • Interior Features:Granite Counters: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Walk-In Shower: Yes
  • Fireplace Features:Family Room: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Range: Yes
  • Fireplace Features:Wood Burning: Yes
  • Interior Features:Vaulted Ceiling(s): Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Water Body Name: Holiday Acres Lake
  • Exterior Features: Rain Gutters
  • Waterfront: Yes
  • Common Walls: End Unit
  • Construction Type: Cedar
  • Patio And Porch Features: Covered, Porch
  • Exterior Features:Rain Gutters: Yes
  • Lot Features:Landscaped: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Covered2: Yes
  • Window Features:Insulated Windows: Yes
  • Construction Materials:Cedar: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Assigned, Parking Lot
  • Parking Features:Assigned: Yes
  • Parking Features:Parking Lot: Yes

Utilities

  • Heating: Electric, Heat Pump
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Electric4: Yes
  • Heating:Heat Pump2: Yes
  • HeatingCooling:Heat Pump: Yes

Condo/Co-op/Association

  • Community Features: Pool
  • Association #2 Fee: 52.0
  • Association #2 Fee Frequency: Monthly
  • Association Fee: 285.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • Association Amenities:Pool: Yes
  • Association Amenities:Trail(s): Yes
  • Association Fee Includes:Maintenance Grounds2: Yes
  • Association Fee Includes:Maintenance Structure2: Yes
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 285.0
  • General Property Information:Association Fee Frequency: Monthly
  • General Property Information:Association Fee 2: 52.0
  • General Property Information:Association Fee 2 Frequency: Monthly

Schools

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

Lot Info

  • Lot Dimensions: 0

Tax Info

  • Tax Annual Amount: 1742.0
  • Tax Year: 2022

MLS Schools

  • Elementary School: Wake - Briarcliff

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2023
Closed on
Jun 14, 2023
Sold by
Meyer Marion Elizabeth Holder and Meyer Russell
Bought by
Willett Michele Rene
Seller's Agent
David Wilson
Carolina's Choice Real Estate
Buyer's Agent
Non Member
Non Member Office
List Price
$349,900
Sold Price
$353,500
Premium/Discount to List
$3,600
1.03%
Views
56
Current Estimated Value
$344,596

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$8,904
Avg. Annual Appreciation
-1.02%
Original Mortgage
$292,800
Outstanding Balance
$284,971
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$59,625

Purchase Details

Closed on
Aug 11, 2020
Sold by
Aragon Jose Bausta and Mayberry April
Bought by
Carelas Marion Elizabeth Holder

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 27, 2006
Sold by
Nettles Geri and Nettles Jonathan
Bought by
Mayberry April

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
6.19%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 16, 2006
Sold by
Jpmorgan Chase Bank
Bought by
Nettles Geri

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,360
Interest Rate
6.08%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Aug 9, 2005
Sold by
Minozzi Annette M
Bought by
Jpmorgan Chase Bank

Purchase Details

Closed on
Oct 28, 1999
Sold by
Edmunds John
Bought by
Minozzi Annette M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,400
Interest Rate
7%
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
Willett Michele Rene $353,500 None Listed On Document
Willett Michele Rene $353,500 None Listed On Document
Carelas Marion Elizabeth Holder $200,000 None Available
Carelas Marion Elizabeth Ho $200,000 None Listed On Document
Mayberry April $112,000 None Available
Nettles Geri $102,000 None Available
Jpmorgan Chase Bank $97,209 None Available
Minozzi Annette M $109,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Willett Michele Rene $292,800
Closed Willett Michele Rene $292,800
Previous Owner Carelas Marion Elizabeth Ho $190,000
Previous Owner Mayberry April $112,000
Previous Owner Nettles Geri $81,360
Previous Owner Minozzi Annette M $65,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/15/2023 12/15/23 Off Market $353,500 -- --
06/16/2023 06/16/23 Sold $353,500 +1.0% $273 / Sq Ft
05/23/2023 05/23/23 Pending -- -- --
05/19/2023 05/19/23 For Sale $349,900 -- $270 / 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 $2,814 $325,977 -- $325,977
2024 $2,753 $325,977 $0 $325,977
2023 $2,010 $198,587 $0 $198,587
2022 $1,742 $178,553 $0 $178,553
2021 $1,707 $178,553 $0 $178,553
2020 $1,716 $178,553 $0 $178,553
2019 $1,341 $123,348 $0 $123,348
2018 $1,259 $123,348 $0 $123,348
2017 $1,210 $123,348 $0 $123,348
2016 $1,192 $123,348 $0 $123,348
2015 $1,133 $113,087 $0 $113,087
2014 $1,069 $113,087 $0 $113,087
Source: Public Records

Agents Affiliated with this Home

  • David Wilson

    Seller's Agent in 2023

    David Wilson

    Carolina's Choice Real Estate

    (919) 336-1642

    16 in this area

    796 Total Sales

    David Wilson
    Section Image
  • Shelley Allen

    Seller Co-Listing Agent in 2023

    Shelley Allen

    Carolina's Choice Real Estate

    (919) 736-6393

    16 in this area

    820 Total Sales

    Shelley Allen
    Section Image

  • N

    Buyer's Agent in 2023

    Non Member

    Non Member Office

See All Agents

Map

Source: Doorify MLS

MLS Number: 2511823

Doorify MLS

APN: 0753.08-79-6664-010

North Carolina Wake County Cary 27513 South Cary

531 Springfork Dr Unit 332, Cary, NC

Not Listed for Sale

Condos

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