NOT LISTED FOR SALE

Estimated Value: $488,000 - $593,000

4 Beds
3.5 Baths
2,182 Sq Ft
$246/Sq Ft Est. Value

Last Sold April 26, 2024

Last sale price $550,000 $252 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $3,250/month

3 Days on Market

Highlights

  • 0.42 Acre Lot
  • Open Floorplan
  • Ranch Style House
  • Reedy Creek Magnet Middle School Rated A
  • Deck
  • 1 Fireplace

About This Home

As of April 2024

Duplex in the heart of Cary! One side (714) currently occupied through April of 2025 at $1,475/month. 716 is currently vacant. 714 is 2 bedrooms & 1.5 bathrooms. 716 is 2 bedrooms and 2 bathrooms. Roof replaced 2023,, water heaters -714 (2020) & 716 (2017); HVAC -716 (2019). deck stained 2021. Rare opportunity to own a multiunit property in a highly desirable location!

Last Agent to Sell the Property

Adam Lindsay

RE/MAX EXECUTIVE License #272309 Listed on: 03/15/2024

RE/MAX EXECUTIVE

Co-Listed By

Daniel Donnelly

RE/MAX EXECUTIVE License #309387

Last Buyer's Agent

Ryan Overcash

Costello Real Estate & Investm License #327299

Costello Real Estate & Investm

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,857

Year Built

  • Built in 1983

Lot Details

  • Cleared Lot
  • Landscaped with Trees
  • Back Yard

Home Design

  • Ranch Style House
  • Transitional Architecture
  • Pillar, Post or Pier Foundation
  • Block Foundation
  • Shingle Roof

Interior Spaces

  • 2,182 Sq Ft Home
  • Open Floorplan
  • Ceiling Fan
  • 1 Fireplace

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Electric Oven
  • Microwave
  • Freezer
  • Dishwasher
  • Granite Countertops

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Bathtub with Shower

Laundry

  • Laundry in unit
  • Washer and Dryer

Parking

  • Varies By Unit
  • Parking Pad
  • Shared Driveway

Accessible Home Design

  • Visitor Bathroom

Outdoor Features

  • Automatic Pool Chlorinator
  • Deck
  • Covered Patio or Porch
  • Rain Gutters

Schools

  • Kingswood Elementary School
  • Reedy Creek Middle School
  • Cary High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • Water Heater
  • High Speed Internet

Community Details

  • No Home Owners Association
  • 2 Units
  • Highland Park Subdivision

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 0764840675

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,857

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Year Built: 1983
  • Prop. Type: Residential Income
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt, Concrete
  • Co List Office Mls Id: T292
  • Co List Office Phone: 919-828-1830
  • Subdivision Name: Highland Park
  • Above Grade Finished Sq Ft: 2182.0
  • New Construction: No
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: Yes
  • Appliances Microwave: Yes
  • Architectural Style Ranch: Yes
  • Architectural Style Transitional: Yes
  • Cooling Central Air: Yes
  • Interior Features BathtubShower Combination: Yes
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • Flooring Carpet: Yes
  • Lot Features Hardwood Trees: Yes
  • Appliances Refrigerators: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Flooring Laminate: Yes
  • Foundation Details Block3: Yes
  • Roof:Shingle: Yes
  • Utilities Water Connected: Yes
  • General Property Information Above Grade Finished Area: 2182.0
  • Utilities Electricity Connected: Yes
  • Utilities Sewer Connected: Yes
  • Structure Type Townhouse: Yes
  • Utilities Natural Gas Connected: Yes
  • Structure Type Multi Family: Yes
  • Foundation Details PillarPostPier: Yes
  • General Property Information Number Of Units Total3: 2.0
  • General Property Information Lot Size Square Feet2: 18295.2
  • Appliances Chlorinator: Yes
  • Building Features High Speed Internet2: Yes
  • General Property Information Number Of Buildings2: 1.0
  • General Property Information Lot Size Acres: 0.42
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Flooring: Carpet, Laminate
  • Interior Amenities: Bathtub/Shower Combination, Breakfast Bar, Ceiling Fan(s), Eat-in Kitchen, Granite Counters, High Speed Internet, Open Floorplan, Primary Downstairs
  • Appliances: Chlorinator, Dishwasher, Dryer, Electric Oven, Freezer, Microwave, Oven, Refrigerator, Washer, Washer/Dryer, Water Heater
  • Basement YN: No
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplaces: 1
  • Appliances Dishwasher: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Interior Features:Granite Counters: Yes
  • Interior Features:Primary Downstairs: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Interior Features:High Speed Internet: Yes
  • Appliances:Electric Oven: Yes
  • Appliances:Oven: Yes
  • Fireplace Features:Fireplaces Total: 1
  • Appliances:Freezer: Yes
  • Appliances:WasherDryer: Yes
  • Interior Features:Open Floorplan: Yes
  • Laundry Features:In Unit: Yes
  • Interior Features:Breakfast Bar: Yes

Exterior Features

  • Roof: Shingle
  • Exterior Features: Rain Gutters
  • Acres: 0.42
  • Disclosures: Seller Disclosure
  • Foundation Details: Block, Pillar/Post/Pier
  • Patio And Porch Features: Covered, Deck, Porch
  • Exterior Features:Rain Gutters: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Covered2: Yes
  • Patio And Porch Features:Deck2: Yes
  • Lot Features:Back Yard2: Yes
  • Lot Features:Cleared: Yes
  • Accessibility Features:Visitor Bathroom: Yes

Garage/Parking

  • Attached Garage: No
  • Open Parking: No
  • Parking Features: Driveway, Parking Pad, Shared Driveway, Varies by Unit
  • Parking Features:Driveway: Yes
  • Parking Features:Parking Pad: Yes
  • Parking Features:Shared Driveway: Yes
  • Parking Features:Varies by Unit4: Yes
  • General Property Information:Open Parking YN2: No

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Forced Air, Natural Gas
  • Green Building Features: Cable TV, High Speed Internet, Total Area Cooled, Total Area Heated
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes
  • Water Heater: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Association Amenities:None: Yes

Schools

  • Ninth Grade High School: Wake - Cary
  • Middle Or Junior School: Wake - Reedy Creek

Lot Info

  • Lot Size Sq Ft: 18295.2
  • ResoLotSizeUnits: Acres
  • Parcel #: 0764840675

Rental Info

  • Tenant Pays: All Utilities

Tax Info

  • Tax Annual Amount: 2857.0
  • Tax Year: 2023

Multi Family

  • Number Of Units Total: 2

MLS Schools

  • Elementary School: Wake - Kingswood

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2024
Closed on
Apr 24, 2024
Sold by
Lange Zachary Wheeler and Byrne Peter Adam
Bought by
Tapia Alexandra A and Hayes Madeline
Seller's Agent
Adam Lindsay
RE/MAX EXECUTIVE
Buyer's Agent
Ryan Overcash
Costello Real Estate & Investm
List Price
$550,000
Sold Price
$550,000
Views
150
Current Estimated Value
$537,690

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$12,310
Avg. Annual Appreciation
-1.74%
Original Mortgage
$522,500
Outstanding Balance
$517,400
Interest Rate
6.74%
Mortgage Type
New Conventional
Estimated Equity
$20,290

Purchase Details

Listed on
Sep 14, 2021
Closed on
Nov 29, 2021
Sold by
Kornegay George D
Bought by
Lange Zachary Wheeler and Byrne Peter
Seller's Agent
Diane Murdock
Raleigh Investment Real Estate
Buyer's Agent
Adam Lindsay
RE/MAX EXECUTIVE
List Price
$385,000
Sold Price
$420,000
Premium/Discount to List
$35,000
9.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.10%
Original Mortgage
$315,000
Interest Rate
3.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 28, 1993
Bought by
Kornegay George D
Source: Public Records

Range of Values:

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Average Value
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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
Tapia Alexandra A $550,000 None Listed On Document
Lange Zachary Wheeler $420,000 None Available
Kornegay George D $124,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tapia Alexandra A $522,500
Previous Owner Lange Zachary Wheeler $315,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/26/2024 04/26/24 Sold $550,000 0.0% $252 / Sq Ft
03/19/2024 03/19/24 Pending -- -- --
03/15/2024 03/15/24 For Sale $550,000 +31.0% $252 / Sq Ft
12/14/2023 12/14/23 Off Market $420,000 -- --
12/16/2021 12/16/21 Sold $420,000 +9.1% $200 / Sq Ft
09/16/2021 09/16/21 Pending -- -- --
09/14/2021 09/14/21 For Sale $385,000 -- $183 / 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
2024 $3,840 $453,179 $200,000 $253,179
2023 $2,857 $281,107 $120,000 $161,107
2022 $2,751 $281,107 $120,000 $161,107
2021 $2,696 $281,107 $120,000 $161,107
2020 $2,711 $281,107 $120,000 $161,107
2019 $2,045 $187,278 $54,000 $133,278
2018 $1,921 $187,278 $54,000 $133,278
2017 $1,847 $187,278 $54,000 $133,278
2016 $1,820 $187,278 $54,000 $133,278
2015 $1,913 $190,283 $52,000 $138,283
2014 -- $190,283 $52,000 $138,283
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 10017472

Doorify MLS

APN: 0764.16-84-0675-000