NOT LISTED FOR SALE

717 Newstead Way Cary, NC 27519

Twin Lakes Neighborhood

Estimated Value: $547,000 - $607,000

3 Beds
2.5 Baths
1,827 Sq Ft
$315/Sq Ft Est. Value

Last Sold December 08, 2021

Last sale price $517,000 $283 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $3,490/month

5 Days on Market

Highlights

  • Vaulted Ceiling
  • Transitional Architecture
  • Community Pool
  • Cedar Fork Elementary Rated A
  • Wood Flooring
  • Home Office

About This Home

As of December 2021

Rare Opportunity to Live in a Neighborhood Close to it All in North Cary in a One Owner Home with NO Pets, Shoes or Smoking*Gorgeous Updates AND New Roof & HVAC*Hardwoods Downstairs*Gourmet Kitchen w/Island*Eat in Kitchen Area*Vaulted Master Bedroom w/Walk in Closet*One Car Garage*Upstairs Loft/Office*3 Bedrooms*Laundry Room*Level & Large Backyard w/Covered Patio, Garden Area & Mature Trees*Shows like a Model Home*Close commute to Parks, Schools & Shopping (Wegmans)*This is as Close as Perfect Gets!

Last Agent to Sell the Property

Tammy Anderson

Raleigh and Beyond Real Estate License #193057 Listed on: 10/11/2021

Last Buyer's Agent

Tiffany Maddux

EXP Realty LLC License #280547

EXP Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,154

Year Built

  • Built in 2008

Lot Details

  • Landscaped with Trees
  • Garden

HOA Fees

  • $70 Monthly HOA Fees

Parking

  • 1 Car Garage

Home Design

  • Transitional Architecture
  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 1,827 Sq Ft Home
  • 2-Story Property
  • Smooth Ceilings
  • Vaulted Ceiling
  • Entrance Foyer
  • Living Room
  • Combination Kitchen and Dining Room
  • Home Office
  • Utility Room
  • Pull Down Stairs to Attic
  • Home Security System

Kitchen

  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Tile Countertops

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Laundry on upper level

Outdoor Features

  • Covered Patio or Porch
  • Rain Gutters

Schools

  • Cedar Fork Elementary School
  • West Cary Middle School
  • Panther Creek High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Tankless Water Heater
  • Gas Water Heater

Community Details

Overview

  • Twin Lakes Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,154

Year Built

Built in 2008

Lot Details

0

HOA Fees

$70 per month

Parking

1

Listing Details

  • Year Built: 2008
  • Prop. Type: Residential
  • Subdivision Name: Twin Lakes
  • Above Grade Finished Sq Ft: 1827.0
  • Architectural Style: Transitional
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Contract Information Ownership Type: Other
  • General Property Information Lot Size Dimensions: 0
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Association Fee 2 Required YN: No
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: No
  • Appliances Microwave: Yes
  • Architectural Style Transitional: Yes
  • Attic Features Pull-Down Stairs: Yes
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Foundation Details Slab: Yes
  • Interior Features KitchenDining Room Combination: Yes
  • Laundry Features Laundry Room: Yes
  • Sewer:Public Sewer: Yes
  • Structure Type Site Built: Yes
  • Water Source Public: Yes
  • Flooring Carpet: Yes
  • Flooring Hardwood: Yes
  • Interior Features Smooth Ceilings: Yes
  • Levels Two: Yes
  • Lot Features Hardwood Trees: Yes
  • Room Types Bedroom 2 Level: 2
  • Room Types Bedroom 3 Level: 2
  • Room Types Dining Room2: Yes
  • Room Types Office: Yes
  • Room Types Primary Bedroom Level: 2
  • Flooring Vinyl: Yes
  • Laundry Features Upper Level: Yes
  • Room Types Utility Room: Yes
  • Room Types Living Room2: Yes
  • Security Features Security System: Yes
  • General Property Information Senior Community YN: No
  • General Property Information Above Grade Finished Area: 1827.0
  • General Property Information Carport YN: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Hardwood, Tile, Vinyl
  • Interior Amenities: Entrance Foyer, Kitchen/Dining Room Combination, Pantry, Smooth Ceilings, Tile Counters, Vaulted Ceiling(s), Walk-In Closet(s)
  • Appliances: Dishwasher, Gas Water Heater, Microwave, Plumbed For Ice Maker, Tankless Water Heater
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Total Bedrooms: 7
  • Appliances Dishwasher: Yes
  • Appliances:Plumbed For Ice Maker: Yes
  • Appliances:Tankless Water Heater: Yes
  • Community Features:Pool2: Yes
  • Interior Features:Entrance Foyer: Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Appliances:Gas Water Heater: Yes
  • Interior Features:Tile Counters: Yes
  • Interior Features:Vaulted Ceiling(s): Yes

Exterior Features

  • Exterior Features: Rain Gutters
  • Construction Type: Brick, Fiber Cement
  • Foundation Details: Slab
  • Patio And Porch Features: Covered, Patio, Porch
  • Construction Materials:Fiber Cement: Yes
  • Exterior Features:Rain Gutters: Yes
  • Lot Features:Landscaped: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Covered2: Yes
  • Patio And Porch Features:Patio: Yes
  • Lot Features:Garden2: Yes
  • Construction Materials:Brick: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Garage
  • Parking Features:Garage: Yes
  • General Property Information:Garage Spaces: 1.0

Utilities

  • Heating: Natural Gas
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Pool
  • Senior Community: No
  • Association Fee: 210.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 210.0
  • General Property Information:Association Fee Frequency: Quarterly

Schools

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

Lot Info

  • Lot Dimensions: 0

Tax Info

  • Tax Annual Amount: 3154.0
  • Tax Year: 2021

MLS Schools

  • Elementary School: Wake - Cedar Fork

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 11, 2021
Closed on
Dec 8, 2021
Sold by
Young Jessica
Bought by
Chandrababu Karthik Balakrishna and Sugumar Shanmugapriya
Seller's Agent
Tammy Anderson
Raleigh and Beyond Real Estate
Buyer's Agent
Tiffany Maddux
EXP Realty LLC
List Price
$500,000
Sold Price
$517,000
Premium/Discount to List
$17,000
3.4%
Current Estimated Value
$575,858

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,858
Avg. Annual Appreciation
2.86%
Original Mortgage
$491,150
Outstanding Balance
$451,910
Interest Rate
3.14%
Mortgage Type
New Conventional
Estimated Equity
$123,948

Purchase Details

Closed on
Nov 14, 2008
Sold by
Kb Home Raleigh Durham Inc
Bought by
Young Jessica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,656
Interest Rate
5.89%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Chandrababu Karthik Balakrishna $517,000 None Available
Young Jessica $276,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chandrababu Karthik Balakrishna $491,150
Previous Owner Young Jessica $270,656
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2023 12/15/23 Off Market $517,000 -- --
12/08/2021 12/08/21 Sold $517,000 +3.4% $283 / Sq Ft
11/09/2021 11/09/21 Pending -- -- --
11/04/2021 11/04/21 For Sale $500,000 -- $274 / 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
2025 $4,389 $509,692 $180,000 $329,692
2024 $4,294 $509,692 $180,000 $329,692
2023 $3,343 $331,616 $95,000 $236,616
2022 $3,218 $331,616 $95,000 $236,616
2021 $3,154 $331,616 $95,000 $236,616
2020 $3,170 $331,616 $95,000 $236,616
2019 $2,881 $267,245 $70,000 $197,245
2018 $2,704 $267,245 $70,000 $197,245
2017 $2,599 $267,245 $70,000 $197,245
2016 $2,560 $267,245 $70,000 $197,245
2015 $2,276 $229,122 $52,000 $177,122
2014 $2,146 $229,122 $52,000 $177,122
Source: Public Records

Agents Affiliated with this Home

  • Tammy Anderson

    Seller's Agent in 2021

    Tammy Anderson

    Raleigh and Beyond Real Estate

    (919) 271-7997

    1 in this area

    73 Total Sales

    Tammy Anderson
    Section Image
  • Tiffany Maddux

    Buyer's Agent in 2021

    Tiffany Maddux

    EXP Realty LLC

    (919) 413-0330

    1 in this area

    59 Total Sales

    Tiffany Maddux
    Section Image
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Map

Source: Doorify MLS

MLS Number: 2412995

Doorify MLS

APN: 0745.01-49-5373-000

North Carolina Wake County Cary 27519 Twin Lakes

717 Newstead Way, Cary, NC

This home is located at 717 Newstead Way, Cary, NC 27519 since 11 October 2021 and is currently estimated at $575,858, approximately $315 per square foot. This property was built in 2008. 717 Newstead Way is a home located in Wake County with nearby schools including Cedar Fork Elementary, West Cary Middle School, and Panther Creek High School.

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.

Doorify MLS 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.

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