NOT LISTED FOR SALE

550 Tomkins Loop Cary, NC 27519

Estimated Value: $492,119 - $514,000

3 Beds
2 Baths
1,410 Sq Ft
$358/Sq Ft Est. Value

Last Sold August 23, 2024

Last sale price $500,000 $355 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $3,320/month

5 Days on Market

Highlights

  • Fitness Center
  • Clubhouse
  • Granite Countertops
  • Active Adult
  • Wood Flooring
  • L-Shaped Dining Room

About This Home

As of August 2024

Welcome to 550 Tomkins Loop, nestled in the vibrant, active adult 55+ community of Carolina Preserve. This charming home, built in 2009, offers main-level living with a spacious owner's suite, complete with a walk-in closet and storage system. Enjoy the elegance of hardwood floors and crown molding in the main living areas, complemented by smooth ceilings with recessed lighting.

The gourmet kitchen features granite countertops, stainless steel appliances (including a gas range), and a gas water heater. Relax in the peaceful screened porch with a view of the backyard, perfect for unwinding after a busy day. Additional highlights include a roof replaced in 2021 and an attached 2-car garage.

Carolina Preserve boasts an extensive array of amenities designed for active adult living. The main clubhouse is the hub for community social events, fitness classes, and sports activities, featuring a state-of-the-art fitness center, indoor lap pool, aerobics and dance studio, ballroom, demonstration kitchen, hobby and craft studios, library, varsity room, and sundeck. Outdoor amenities include a resort-style pool with beach entry and spa, four clay tennis courts, bocce ball courts, a putting green, and a scenic 15-acre lake. Miles of walking and biking trails wind through the community and connect to Cary's extensive bike trail system, including the historic Tobacco Trail between Raleigh and Durham. Experience the perfect blend of comfort, style, and vibrant community living at Carolina Preserve.

Last Agent to Sell the Property

Liz Toth

EXP Realty LLC License #289621 Listed on: 07/10/2024

EXP Realty LLC

Last Buyer's Agent

Ellen Thabet

Adorn Realty License #284210

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,124

Year Built

  • Built in 2009

Lot Details

  • 4,792 Sq Ft Lot
  • East Facing Home
  • Landscaped
  • Private Yard
  • Back and Front Yard

HOA Fees

  • $300 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Garage Door Opener
  • 2 Open Parking Spaces

Home Design

  • Slab Foundation
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,410 Sq Ft Home
  • 1-Story Property
  • Crown Molding
  • Smooth Ceilings
  • Ceiling Fan
  • Recessed Lighting
  • Fireplace
  • Insulated Windows
  • Entrance Foyer
  • Living Room
  • L-Shaped Dining Room
  • Wood Flooring
  • Pull Down Stairs to Attic
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Gas Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Double Vanity
  • Separate Shower in Primary Bathroom
  • Separate Shower

Laundry

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

Outdoor Features

  • Patio
  • Rain Gutters

Schools

  • N Chatham Elementary School
  • Margaret B Pollard Middle School
  • Seaforth High School

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Connected
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Handicap Accessible
  • Suburban Location

Listing and Financial Details

  • Assessor Parcel Number 0087777

Community Details

Overview

  • Active Adult
  • Association fees include ground maintenance, storm water maintenance
  • Carolina Preserve HOA, Phone Number (919) 467-7837
  • Carolina Preserve Community
  • Carolina Preserve Subdivision
  • Maintained Community
  • Pond Year Round

Amenities

  • Clubhouse
  • Meeting Room

Recreation

  • Tennis Courts
  • Sport Court
  • Fitness Center
  • Community Pool
  • Jogging Path
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,124

Year Built

Built in 2009

Lot Details

0

HOA Fees

$300 per month

Parking

2

Listing Details

  • Year Built: 2009
  • Prop. Type: Residential
  • Reso Association Fee Includes: Maintenance Grounds, Storm Water Maintenance
  • Subdivision Name: Carolina Preserve
  • Above Grade Finished Sq Ft: 1410.0
  • Architectural Style: Ranch
  • Garage Yn: Yes
  • Unit Levels: One
  • 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
  • Architectural Style Ranch: Yes
  • Attic Features Pull-Down Stairs: Yes
  • Cooling Central Air: Yes
  • Foundation Details Slab: Yes
  • Laundry Features Laundry Room: Yes
  • Laundry Features Main Level: Yes
  • Levels One: Yes
  • Security Features Smoke Detector(s): Yes
  • Sewer:Public Sewer: Yes
  • Structure Type Site Built: Yes
  • Water Source Public: Yes
  • Flooring Hardwood: Yes
  • Interior Features Separate Shower: Yes
  • Interior Features Smooth Ceilings: Yes
  • Room Types Bedroom 2 Level: Main
  • Room Types Bedroom 3 Level: Main
  • Room Types Dining Room2: Yes
  • Room Types Primary Bedroom Level: Main
  • Appliances Refrigerators: Yes
  • Interior Features Dining L: Yes
  • Room Types Living Room2: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Remarks and Miscellaneous Syndication Remarks2: For private tour, call or text 919.538.1784
  • Pool Features Swimming Pool ComFee: Yes
  • General Property Information Association Phone: 919-467-7837
  • General Property Information Senior Community YN: Yes
  • General Property Information Enhanced Accessible2: Yes
  • General Property Information Monthly Association Fees2: 300.0
  • Roof:Shingle: Yes
  • Utilities Water Connected: Yes
  • Room Types Entrance Hall: Yes
  • General Property Information Above Grade Finished Area: 1410.0
  • Utilities Electricity Connected: Yes
  • Utilities Sewer Connected: Yes
  • Room Types Laundry2: Yes
  • Utilities Natural Gas Connected: Yes
  • Common Walls No Common Walls: Yes
  • Utilities Phone Connected: Yes
  • Utilities Cable Connected: Yes
  • General Property Information Senior Community Name: Carolina Preserve
  • General Property Information Lot Size Square Feet2: 4792.0
  • General Property Information Lot Size Acres: 0.11
  • General Property Information Stories2: 1
  • General Property Information:Living Area3: 1410.0
  • General Property Information Direction Faces: East
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Flooring: Hardwood
  • Interior Amenities: Ceiling Fan(s), Crown Molding, Dining L, Double Vanity, Eat-in Kitchen, Entrance Foyer, Granite Counters, High Speed Internet, Pantry, Primary Downstairs, Recessed Lighting, Separate Shower, Smooth Ceilings, Walk-In Closet(s), Walk-In Shower
  • Appliances: Dishwasher, Disposal, Dryer, Gas Range, Microwave, Refrigerator, Stainless Steel Appliance(s), Washer
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Stories: 1
  • Appliances Dishwasher: Yes
  • Community Features:Pool2: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Interior Features:Double Vanity: Yes
  • Interior Features:Entrance Foyer: Yes
  • Interior Features:Granite Counters: Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Primary Downstairs: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Walk-In Shower: Yes
  • Community Features:Street Lights: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Appliances:Gas Range: Yes
  • Interior Features:High Speed Internet: Yes
  • Community Features:Fitness Center2: Yes
  • Community Features:Tennis Court(s)2: Yes
  • Appliances:Stainless Steel Appliance(s): Yes
  • Community Features:Sidewalks: Yes
  • Community Features:Curbs: Yes
  • Interior Features:Crown Molding: Yes
  • Community Features:Clubhouse2: Yes
  • Community Features:Suburban: Yes
  • Interior Features:Recessed Lighting: Yes
  • Fireplace Features:None8: Yes

Exterior Features

  • Roof: Shingle
  • Exterior Features: Private Yard, Rain Gutters
  • Fencing: None
  • Acres: 0.11
  • Common Walls: No Common Walls
  • Construction Type: Vinyl Siding
  • Direction Faces: East
  • Foundation Details: Slab
  • Patio And Porch Features: Patio
  • Exterior Features:Rain Gutters: Yes
  • Lot Features:Landscaped: Yes
  • Construction Materials:Vinyl Siding: Yes
  • Patio And Porch Features:Patio: Yes
  • Window Features:Insulated Windows: Yes
  • Lot Features:Back Yard2: Yes
  • Exterior Features:Private Yard: Yes
  • Lot Features:Front Yard2: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Open Parking Spaces: 2.0
  • Open Parking: Yes
  • Parking Features: Attached, Garage, Garage Door Opener, Garage Faces Front
  • Total Parking Spaces: 4.0
  • Parking Features:Attached: Yes
  • Parking Features:Garage: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Garage Faces Front: Yes
  • General Property Information:Garage Spaces: 2.0
  • General Property Information:Attached Garage YN: Yes
  • General Property Information:Parking Total: 4.0
  • General Property Information:Open Parking YN2: Yes
  • General Property Information:Open Parking Spaces2: 2.0

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
  • Heating: Forced Air
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Community Features: Clubhouse, Curbs, Fitness Center, Pool, Sidewalks, Street Lights, Suburban, Tennis Court(s)
  • Senior Community: Yes
  • Association Fee: 300.0
  • Association Fee Frequency: Monthly
  • Association Name: Carolina Preserve HOA
  • Phone: 919-467-7837
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: Carolina Preserve HOA
  • Association Amenities:Pool: Yes
  • Association Amenities:Trail(s): Yes
  • Association Fee Includes:Maintenance Grounds2: Yes
  • Association Amenities:Tennis Courts: Yes
  • Association Amenities:Clubhouse: Yes
  • Association Amenities:Maintenance Grounds: Yes
  • Association Amenities:Pond Year Round: Yes
  • Association Amenities:Meeting Room: Yes
  • Association Amenities:Fitness Center: Yes
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 300.0
  • Association Amenities:Sport Court: Yes
  • Association Amenities:Jogging Path: Yes
  • General Property Information:Association Fee Frequency: Monthly

Schools

  • Ninth Grade High School: Chatham - Seaforth
  • Middle Or Junior School: Chatham - Margaret B Pollard

Lot Info

  • Lot Size Sq Ft: 4792.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 0087777

Tax Info

  • Tax Annual Amount: 3124.4
  • Tax Year: 2023
  • Tax Map Number: 1042

MLS Schools

  • Elementary School: Chatham - N Chatham

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2024
Closed on
Aug 15, 2024
Sold by
Kirtser Tamara Ellen and Kirtser Gene
Bought by
Cheung James K and Cheung Bella Y
Seller's Agent
Liz Toth
EXP Realty LLC
Buyer's Agent
Ellen Thabet
Adorn Realty
List Price
$500,000
Sold Price
$500,000
Views
31
Current Estimated Value
$504,530

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,530
Avg. Annual Appreciation
0.70%

Purchase Details

Closed on
May 2, 2018
Sold by
Reznik Jeff and Reznik Natalya
Bought by
Falstad Donald A and Falstad Ruth E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$251,520
Interest Rate
4.45%
Mortgage Type
New Conventional
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
Cheung James K $500,000 None Listed On Document
Falstad Donald A $314,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Falstad Donald A $251,520
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/23/2024 08/23/24 Sold $500,000 0.0% $355 / Sq Ft
07/16/2024 07/16/24 Pending -- -- --
07/10/2024 07/10/24 For Sale $500,000 -- $355 / 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 $4,391 $467,111 $66,420 $400,691
2024 $4,391 $303,340 $60,885 $242,455
2023 $3,124 $303,340 $60,885 $242,455
2022 $3,064 $303,340 $60,885 $242,455
2021 $3,064 $303,340 $60,885 $242,455
2020 $2,752 $269,810 $58,500 $211,310
2019 $2,752 $269,810 $58,500 $211,310
2018 $2,639 $269,810 $58,500 $211,310
2017 $2,639 $269,810 $58,500 $211,310
2016 $2,285 $232,218 $50,000 $182,218
2015 $2,303 $232,218 $50,000 $182,218
2014 $2,257 $232,218 $50,000 $182,218
2013 -- $232,218 $50,000 $182,218
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 10039792

Doorify MLS

APN: 87777