NOT LISTED FOR SALE

706 Madison Ave Cary, NC 27513

South Cary Neighborhood

Estimated Value: $476,000 - $506,640

4 Beds
3 Baths
1,881 Sq Ft
$262/Sq Ft Est. Value

Sale Details

Date Sold: June 1, 2021

Last sale price $405,000 $215 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $2,946 / mo

1 Day on Market

Highlights

  • Transitional Architecture
  • Main Floor Bedroom
  • Granite Countertops
  • Weatherstone Elementary School Rated A
  • Bonus Room
  • No HOA

About This Home

As of June 2021

HIGHEST & BEST DUE BY 6:30 PM ON 4/10/21. Amazing opportunity to own this gorgeous split level four bedroom/three full bath home only one mile from downtown Cary! Beautifully renovated with plenty of flex space - including a 295 square foot detached workshop. Enjoy the open concept main floor with three bedrooms upstairs and one downstairs and a large backyard with a great patio for entertaining and relaxing. LOCATION, LOCATION, LOCATION! Don't miss this one!!

Last Agent to Sell the Property

Ruth Payne

EXP Realty LLC Listed on: 04/10/2021

Last Buyer's Agent

Tina Hilker

Coldwell Banker Advantage License #276121

Coldwell Banker Advantage

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,903

Year Built

  • Built in 1972

Lot Details

  • 12,632 Sq Ft Lot
  • Lot Dimensions are 80 x 159 x 79 x 154

Parking

  • Private Driveway

Home Design

  • Transitional Architecture
  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 1,881 Sq Ft Home
  • Multi-Level Property
  • Smooth Ceilings
  • Ceiling Fan
  • Wood Burning Fireplace
  • Entrance Foyer
  • Family Room
  • Combination Kitchen and Dining Room
  • Bonus Room
  • Workshop
  • Storage
  • Utility Room
  • Fire and Smoke Detector

Kitchen

  • Electric Cooktop
  • Plumbed For Ice Maker
  • Dishwasher
  • Granite Countertops

Flooring

  • Carpet
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • 3 Full Bathrooms
  • Bathtub
  • Shower Only

Outdoor Features

  • Patio
  • Separate Outdoor Workshop

Schools

  • Wake County Schools Elementary And Middle School
  • Wake County Schools High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Heating System Uses Natural Gas
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Oakwood Heights Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,903

Year Built

Built in 1972

Lot Details

0.29 Acres

Listing Details

  • Year Built: 1972
  • Prop. Type: Residential
  • Subdivision Name: Oakwood Heights
  • Above Grade Finished Sq Ft: 1881.0
  • Architectural Style: Transitional
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Multi/Split
  • New Construction: No
  • Contract Information Ownership Type: Other
  • General Property Information Above Grade Unfinished Area: 295.0
  • General Property Information Total Unfinished Area2: 295.0
  • General Property Information Lot Size Dimensions: 80 x 159 x 79 x 154
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: Yes
  • Architectural Style Transitional: Yes
  • Cooling Central Air: Yes
  • Flooring Luxury Vinyl: Yes
  • Interior Features KitchenDining Room Combination: Yes
  • Security Features Smoke Detector(s): Yes
  • Structure Type Site Built: Yes
  • Flooring Carpet: Yes
  • Interior Features Smooth Ceilings: Yes
  • Room Types Bedroom 2 Level: 2
  • Room Types Bedroom 3 Level: 2
  • Room Types Bedroom 4 Level: M
  • Room Types Bonus Room: Yes
  • Room Types Dining Room2: Yes
  • Room Types Family Room2: Yes
  • Room Types Primary Bedroom Level: 2
  • Room Types Utility Room: Yes
  • Interior Features Bathtub Only: Yes
  • Interior Features Shower Only: Yes
  • Remarks and Miscellaneous Syndication Remarks2: HIGHEST & BEST DUE BY 6:30 PM ON 4/10/21. Amazing opportunity to own this gorgeous split level four bedroom/three full bath home only one mile from downtown Cary! Beautifully renovated with plenty of flex space - including a 295 square foot detached workshop. Enjoy the open concept main floor with three bedrooms upstairs and one downstairs and a large backyard with a great patio for entertaining and relaxing. LOCATION, LOCATION, LOCATION! Don't miss this one!!
  • Other Structures Workshop: Yes
  • Room Types Workshop2: Yes
  • Levels MultiSplit: Yes
  • Heating Gas Pack2: Yes
  • General Property Information Above Grade Finished Area: 1881.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 12632.4
  • General Property Information Lot Size Acres: 0.29
  • General Property Information:Living Area3: 1881.0
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Luxury Vinyl
  • Interior Amenities: Bathtub Only, Ceiling Fan(s), Entrance Foyer, Granite Counters, Kitchen/Dining Room Combination, Shower Only, Smooth Ceilings, Storage
  • Appliances: Dishwasher, Electric Cooktop, Electric Water Heater, Plumbed For Ice Maker
  • Basement YN: No
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Appliances Dishwasher: Yes
  • Appliances:Plumbed For Ice Maker: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Interior Features:Entrance Foyer: Yes
  • Interior Features:Granite Counters: Yes
  • Interior Features:Storage3: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Cooktop: Yes
  • Fireplace Features:Wood Burning: Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Acres: 0.29
  • Construction Type: Brick, Vinyl Siding
  • Patio And Porch Features: Patio
  • Construction Materials:Vinyl Siding: Yes
  • Patio And Porch Features:Patio: Yes
  • Construction Materials:Brick: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Concrete, Driveway
  • Parking Features:Concrete4: Yes
  • Parking Features:Driveway: Yes

Utilities

  • Heating: Forced Air, Gas Pack, Natural Gas
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Ninth Grade High School: Wake County Schools
  • Middle Or Junior School: Wake County Schools

Lot Info

  • Lot Dimensions: 80 x 159 x 79 x 154
  • Lot Size Sq Ft: 12632.4
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2903.0
  • Tax Year: 2020

MLS Schools

  • Elementary School: Wake County Schools

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 10, 2021
Closed on
Jun 1, 2021
Sold by
Bought by
Seller's Agent
Ruth Payne
EXP Realty LLC
Buyer's Agent
Tina Hilker
Coldwell Banker Advantage
List Price
$365,000
Sold Price
$405,000
Premium/Discount to List
$40,000
10.96%
Current Estimated Value
$492,160

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$87,160
Avg. Annual Appreciation
3.98%
Original Mortgage
$305,600
Outstanding Balance
$272,614
Interest Rate
2%
Mortgage Type
New Conventional
Estimated Equity
$219,546

Purchase Details

Closed on
May 29, 2019
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,705
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 11, 2019
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
4.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 1, 1978
Bought by
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$405,000 None Available
$305,000 None Available
$305,000 None Listed On Document
$165,000 None Available
$46,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $305,600
Previous Owner $248,705
Previous Owner $175,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
12/15/2023 12/15/23 Off Market $405,000 -- --
06/01/2021 06/01/21 Sold $405,000 +11.0% $215 / Sq Ft
04/10/2021 04/10/21 Pending -- -- --
04/09/2021 04/09/21 For Sale $365,000 -- $194 / Sq Ft
Source: Doorify MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $4,006 $465,085 $210,000 $255,085
2024 $3,920 $465,085 $210,000 $255,085
2023 $3,116 $308,952 $120,000 $188,952
2022 $3,000 $308,952 $120,000 $188,952
2021 $2,940 $308,952 $120,000 $188,952
2020 $6,599 $303,422 $120,000 $183,422
2019 $1,814 $167,573 $68,000 $99,573
2018 $1,703 $167,573 $68,000 $99,573
2017 $1,637 $167,573 $68,000 $99,573
2016 $1,613 $167,573 $68,000 $99,573
2015 $1,548 $155,246 $56,000 $99,246
2014 $1,461 $155,246 $56,000 $99,246
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2021

    Ruth Payne

    EXP Realty LLC

  • Tina Hilker

    Buyer's Agent in 2021

    Tina Hilker

    Coldwell Banker Advantage

    (919) 344-5702

    39 Total Sales

    Tina Hilker
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Map

Source: Doorify MLS

MLS Number: 2376663

Doorify MLS

APN: 0764.17-02-5356-000

North Carolina Wake County Cary 27513 South Cary

706 Madison Ave, Cary, NC

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