704 Newstead Way Cary, NC 27519
Twin Lakes Neighborhood
3
Beds
3
Baths
2,282
Sq Ft
6,970
Sq Ft Lot
Highlights
- Clubhouse
- Transitional Architecture
- Community Pool
- Cedar Fork Elementary Rated A
- Wood Flooring
- Double Oven
About This Home
As of August 2024Excellent Location!! Beautiful north facing corner single family home at a great location with tons of sunlight. Minutes drive to upcoming Apple Campus and Research triangle park, several other RTP employers, RDU Airport. This open floor-plan home boasts a first floor study room with full bath; Master and Additional 2 bed rooms on second floor. Large fenced backyard with fruit trees; Loft upstairs with lots of windows and walk in closets in master bedroom; Laundry room in second floor ; Hard wood floors throughout the first floor and Engineered hard wood on second floor for easy maintenance . Excellent amenities including community club house with swimming pool , tennis court , Volley ball field and kids play area . Walkable distance to multiple restaurants and grocery stores . Freshly painted garage with epoxy flooring .
Last Agent to Sell the Property
MMVG Triangle Group LLC License #338423 Listed on: 06/21/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,664
Year Built
- Built in 2008
Lot Details
- 6,970 Sq Ft Lot
- Northwest Facing Home
HOA Fees
- $80 Monthly HOA Fees
Parking
- 1 Car Attached Garage
- 2 Open Parking Spaces
Home Design
- Transitional Architecture
- Brick Exterior Construction
- Slab Foundation
- Frame Construction
- Shingle Roof
- HardiePlank Type
Interior Spaces
- 2,282 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- Screen For Fireplace
- Gas Fireplace
- Family Room with Fireplace
- Dryer
Kitchen
- Double Oven
- Electric Oven
- Cooktop
- Microwave
- Dishwasher
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Full Bathrooms
Schools
- Cedar Fork Elementary School
- West Cary Middle School
- Panther Creek High School
Utilities
- Cooling System Powered By Gas
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
Listing and Financial Details
- Assessor Parcel Number 0745495160
Community Details
Overview
- Association fees include ground maintenance, road maintenance, storm water maintenance
- Twin Lakes Master Association Inc Association, Phone Number (919) 378-9368
- Twin Lakes Subdivision
- Maintained Community
Amenities
- Clubhouse
Recreation
- Community Pool
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 21, 2024
Closed on
Jul 31, 2024
Sold by
Thommandru Vikram and Konduru Sreelakshmi
Bought by
Natesan Muthurajeswaran and Kumar Sandhya Suresh
Seller's Agent
mahesh desu
MMVG Triangle Group LLC
Buyer's Agent
Gina Laad
Realty Passion
List Price
$630,000
Sold Price
$625,000
Premium/Discount to List
-$5,000
-0.79%
Views
11
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,866
Avg. Annual Appreciation
-0.18%
Original Mortgage
$500,000
Outstanding Balance
$496,187
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$127,859
Purchase Details
Closed on
Feb 19, 2009
Sold by
Thommandru Vikram and Konduru Sreelakshmi
Bought by
Thommandru Vikram and Konduru Sreelakshmi
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,000
Interest Rate
5.07%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 29, 2008
Sold by
Kb Home Raleigh Durham Inc
Bought by
Thommandru Vikram
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,848
Interest Rate
6.11%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Aug 8, 2008
Sold by
Kb Home Raleigh Durham Inc
Bought by
Schiller Jason and Schiller Jennifer
Similar Homes in the area
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $625,000 | None Listed On Document | |
| Interfamily Deed Transfer | -- | Penfed Title Agency Llc | |
| Special Warranty Deed | $251,000 | None Available | |
| Special Warranty Deed | $248,500 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $500,000 | New Conventional | |
| Previous Owner | $45,000 | Credit Line Revolving | |
| Previous Owner | $176,700 | New Conventional | |
| Previous Owner | $50,000 | Unknown | |
| Previous Owner | $15,600 | Unknown | |
| Previous Owner | $194,000 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $204,000 | New Conventional | |
| Previous Owner | $225,848 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/20/2024 08/20/24 | Sold | $625,000 | -0.8% | $274 / Sq Ft |
| 06/23/2024 06/23/24 | Pending | -- | -- | -- |
| 06/21/2024 06/21/24 | For Sale | $630,000 | -- | $276 / Sq Ft |
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 |
|---|---|---|---|---|
| 2024 | $4,679 | $555,589 | $180,000 | $375,589 |
| 2023 | $3,665 | $363,746 | $95,000 | $268,746 |
| 2022 | $3,528 | $363,746 | $95,000 | $268,746 |
| 2021 | $3,457 | $363,746 | $95,000 | $268,746 |
| 2020 | $3,476 | $363,746 | $95,000 | $268,746 |
| 2019 | $3,156 | $292,857 | $70,000 | $222,857 |
| 2018 | $2,961 | $292,857 | $70,000 | $222,857 |
| 2017 | $2,846 | $292,857 | $70,000 | $222,857 |
| 2016 | $2,804 | $292,857 | $70,000 | $222,857 |
| 2015 | $2,502 | $252,142 | $52,000 | $200,142 |
| 2014 | $2,360 | $252,142 | $52,000 | $200,142 |
Source: Public Records
Agents Affiliated with this Home
-
mahesh desu
m
Seller's Agent in 2024
mahesh desu
MMVG Triangle Group LLC
(309) 750-4790
1 in this area
36 Total Sales
-
Gina Laad
G
Buyer's Agent in 2024
Gina Laad
Realty Passion
(919) 593-4039
1 in this area
61 Total Sales
Map
Source: Doorify MLS
MLS Number: 10036717
APN: 0745.01-49-5160-000
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Some IDX listings have been excluded from this IDX display. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. Listings marked with an icon are provided courtesy of the Doorify MLS, Inc. of North Carolina, Internet Data Exchange Database. Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property. Copyright 2025 Doorify MLS, Inc. of North Carolina. All rights reserved.
Nearby Homes
- 3141 Rapid Falls Rd
- 523 Berry Chase Way
- 233 Hammond Wood Place
- 221 Hammond Wood Place
- 1008 Justice Walk Ave
- 732 Suffield Way
- 212 Liberty Rose Dr
- 651 Berry Chase Way
- 1021 Benay Rd
- 201 Bog Hill Ln
- 1156 Craigmeade Dr
- 532 Front Ridge Dr
- 105 Concordia Woods Dr
- 204 Concordia Woods Dr
- 1008 Garden Square Ln
- 107 Governors House Dr
- 142 Brentfield Loop
- 1049 Lakebrink Dr
- 611 Meeting Hall Dr
- 306 Meeting Hall Dr