Seller's Agent in 2023
Rick Mangrum
RE/MAX United
(919) 469-4700
82 Total Sales
5.49
Acres
--
Price per Acre
239,144
Sq Ft Lot
About This Lot
As of August 2023Prime location next to shopping, park & major hwy access. The Cottages at Wellington in Cary. 13 lot approved subdivision with CD approval. Gorgeous corner lot ready for development. Seller will work with buyer for Covenant & restriction approvals. TOWNOF CAR PYROJECT NO18. -DP-0830. Seller has estimated development cost. Awesome opportunity for developer and builders. Subdivision approval with entitlements is a 20 month process that we have finished for the builder/developer. This is a rare opportunity.
Property Details
Property Type
- Land
Est. Annual Taxes
- $9,084
Lot Details
- 5.49 Acre Lot
- Wooded Lot
- Property is zoned TRM
Schools
- Dillard Elementary And Middle School
- Athens Dr High School
Community Details
- Property has a Home Owners Association
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 25, 2019
Closed on
Aug 8, 2023
Sold by
Mangrum Building Llc
Bought by
Shail Construction Llc
Seller's Agent
Rick Mangrum
RE/MAX United
Buyer's Agent
Sonia Daswani
Savi Real Estate Group, LLC
List Price
$1,228,000
Sold Price
$1,150,000
Premium/Discount to List
-$78,000
-6.35%
Purchase Details
Closed on
Dec 19, 2018
Sold by
Blue Sky Services Development Llc
Bought by
Mangrum Building Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$607,500
Interest Rate
4.9%
Mortgage Type
Commercial
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Shail Construction Llc | $1,150,000 | None Listed On Document | |
| Mangrum Building Llc | $940,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Mangrum Building Llc | $607,500 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/14/2023 12/14/23 | Off Market | $1,150,000 | -- | -- |
| 08/08/2023 08/08/23 | Sold | $1,150,000 | 0.0% | -- |
| 06/01/2021 06/01/21 | Pending | -- | -- | -- |
| 05/26/2020 05/26/20 | Price Changed | $1,150,000 | -6.4% | -- |
| 11/25/2019 11/25/19 | For Sale | $1,228,000 | -- | -- |
Source: Doorify MLS
Tax History Compared to Growth
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 | $9,084 | $1,059,800 | $1,059,800 | -- |
| 2024 | $8,886 | $1,059,800 | $1,059,800 | $0 |
| 2023 | $5,681 | $567,000 | $567,000 | $0 |
| 2022 | $5,469 | $567,000 | $567,000 | $0 |
| 2021 | $5,358 | $567,000 | $567,000 | $0 |
| 2020 | $5,387 | $567,000 | $567,000 | $0 |
| 2019 | $3,482 | $325,250 | $325,250 | $0 |
| 2018 | $3,267 | $325,250 | $325,250 | $0 |
| 2017 | $0 | $325,250 | $325,250 | $0 |
| 2016 | $3,092 | $325,250 | $325,250 | $0 |
| 2015 | $4,312 | $438,000 | $438,000 | $0 |
| 2014 | -- | $438,000 | $438,000 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Rick Mangrum
-
Sonia Daswani
Buyer's Agent in 2023
Sonia Daswani
Savi Real Estate Group, LLC
(910) 322-0591
19 Total Sales
Map
Source: Doorify MLS
MLS Number: 2290489
APN: 0772.09-16-4343-000
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