709 Madison Ave Cary, NC 27513
South Cary Neighborhood
5
Beds
3
Baths
2,050
Sq Ft
0.39
Acres
Highlights
- 0.39 Acre Lot
- Deck
- Granite Countertops
- Weatherstone Elementary School Rated A
- Transitional Architecture
- No HOA
About This Home
As of October 2024This 5-bedroom, 3-bath ranch home with basement on a 0.39-acre lot is less than one mile to downtown Cary shops and restaurants! Home is currently rented out by individual bedrooms with tenants sharing access to 3 full baths, living room, bonus room and an eat-in kitchen & laundry area. This home can easily be reverted back to single-family living! Or enjoy the cash flow which is currently $2410/month but potentially $3170 or higher if all rooms are rented! The main level features durable laminate & vinyl flooring throughout, with a living room and three sizable bedrooms sharing a hall bathroom. The kitchen includes an eat-in area, new fridge and granite countertops! The finished basement offers additional living space, including a bedroom with an ensuite bath, another bedroom, a recreational area & an extra bathroom. Enjoy easy access to the three seasons room from the kitchen, perfect for relaxing or entertaining. A deck and lower patio provides additional space to enjoy the outdoors. Please see doc in MLS for specific rent and utility information.
Last Agent to Sell the Property
Smart Choice Realty Company License #223812 Listed on: 08/22/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,417
Year Built
- Built in 1972
Lot Details
- 0.39 Acre Lot
- Back and Front Yard
Home Design
- Transitional Architecture
- Brick Exterior Construction
- Slab Foundation
- Shingle Roof
- Wood Siding
- Lead Paint Disclosure
Interior Spaces
- 2-Story Property
- Ceiling Fan
- Combination Kitchen and Dining Room
- Screened Porch
- Security System Owned
Kitchen
- Electric Range
- Range Hood
- Dishwasher
- Granite Countertops
Flooring
- Laminate
- Luxury Vinyl Tile
- Vinyl
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Full Bathrooms
- Bathtub with Shower
- Shower Only
- Walk-in Shower
Laundry
- Dryer
- Washer
- Sink Near Laundry
Finished Basement
- Heated Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Interior and Exterior Basement Entry
- Laundry in Basement
- Natural lighting in basement
Parking
- Private Driveway
- 6 Open Parking Spaces
- Outside Parking
Outdoor Features
- Deck
- Glass Enclosed
Schools
- Weatherstone Elementary School
- East Cary Middle School
- Cary High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
Listing and Financial Details
- The owner pays for electricity, gas, water
- Assessor Parcel Number 0764.17-02-3234.000
Community Details
Overview
- No Home Owners Association
- Oakwood Heights Subdivision
Building Details
- 3 Leased Units
- 2 Vacant Units
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 22, 2024
Closed on
Oct 2, 2024
Sold by
Hossain Moazzem and Hossain Nasima
Bought by
Ni Rong Hui
Seller's Agent
Samara Presley
Smart Choice Realty Company
Buyer's Agent
Sophia Yang
HHome Realty LLC
List Price
$445,000
Sold Price
$430,000
Premium/Discount to List
-$15,000
-3.37%
Views
15
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
$20,916
Avg. Annual Appreciation
4.72%
Original Mortgage
$301,000
Outstanding Balance
$299,332
Interest Rate
6.46%
Mortgage Type
New Conventional
Estimated Equity
$148,062
Purchase Details
Closed on
Dec 12, 2019
Sold by
Hossain Nasheet A and Hossain Nasima
Bought by
Hossain M Moazzem M and Hossain Nasima
Purchase Details
Closed on
Sep 25, 2015
Sold by
Hossian M Moazzem and Hossian Nasima
Bought by
Hossian Nasima and Hossian Nasheet A
Purchase Details
Closed on
May 8, 2000
Sold by
Williams David N
Bought by
Hossain M Moazzem and Hossain Nasima
Similar Homes in Cary, NC
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 | $430,000 | None Listed On Document | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | Attorney | |
| Warranty Deed | $119,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $301,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/02/2024 10/02/24 | Sold | $430,000 | -3.4% | $210 / Sq Ft |
| 08/28/2024 08/28/24 | Pending | -- | -- | -- |
| 08/22/2024 08/22/24 | For Sale | $445,000 | -- | $217 / 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 | $3,417 | $405,093 | $210,000 | $195,093 |
| 2023 | $2,793 | $276,697 | $120,000 | $156,697 |
| 2022 | $2,689 | $276,697 | $120,000 | $156,697 |
| 2021 | $2,635 | $276,697 | $120,000 | $156,697 |
| 2020 | $2,649 | $276,697 | $120,000 | $156,697 |
| 2019 | $2,200 | $203,589 | $68,000 | $135,589 |
| 2018 | $2,065 | $203,589 | $68,000 | $135,589 |
| 2017 | $1,985 | $203,589 | $68,000 | $135,589 |
| 2016 | $1,955 | $203,589 | $68,000 | $135,589 |
| 2015 | $1,848 | $185,662 | $56,000 | $129,662 |
| 2014 | $1,743 | $185,662 | $56,000 | $129,662 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2024
Samara Presley
Smart Choice Realty Company
(919) 322-0077
4 in this area
283 Total Sales
-
S
Buyer's Agent in 2024
Sophia Yang
HHome Realty LLC
(917) 968-6621
1 in this area
102 Total Sales
Map
Source: Doorify MLS
MLS Number: 10048410
APN: 0764.17-02-3234-000
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