NOT LISTED FOR SALE

733 Crabtree Crossing Pkwy Cary, NC 27513

Preston Neighborhood

Estimated Value: $881,000 - $1,264,918

3 Beds
3.5 Baths
2,401 Sq Ft
$443/Sq Ft Est. Value

Last Sold December 28, 2021

Last sale price $880,000 $367 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $7,039/month

15 Days on Market

Highlights

  • Private Waterfront
  • On Golf Course
  • Vaulted Ceiling
  • Weatherstone Elementary School Rated A
  • Deck
  • Transitional Architecture

About This Home

As of December 2021

Lakefront luxury townhouse w/open plan! Gorgeous views of lake, clubhouse & golf from back & golf in front! Located off private street. 3 BRs each w/full bath and there is a 1st floor master suite. 2-story family/dining room w/overlook from above and lots of windows. Sunroom has gorgeous lake views. Hardwood floors thru out & tile in BA's. Large walk-in attic. Wood cedar shingles & real stucco. Walk-in crawl space. So many conveniences nearby. Close to RTP & airport. Walk to pool and clubhouse!

Last Agent to Sell the Property

Gina Miller

RE/MAX United License #181905 Listed on: 11/19/2021

RE/MAX United

Last Buyer's Agent

Terry Poythress

Poythress Properties, LLC License #83083

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,560

Year Built

  • Built in 1990

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 41 x 97 x 41 x 90
  • Private Waterfront
  • 41 Feet of Waterfront
  • Lake Front
  • On Golf Course
  • Landscaped

HOA Fees

  • $190 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Side Facing Garage
  • Private Driveway

Home Design

  • Transitional Architecture
  • Stucco

Interior Spaces

  • 2,401 Sq Ft Home
  • 1.5-Story Property
  • Bookcases
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Entrance Foyer
  • Family Room with Fireplace
  • Combination Dining and Living Room
  • Breakfast Room
  • Sun or Florida Room
  • Storage
  • Laundry on main level
  • Utility Room
  • Keeping Room
  • Water Views
  • Crawl Space
  • Attic Floors
  • Home Security System

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Double Vanity
  • Whirlpool Bathtub
  • Separate Shower in Primary Bathroom
  • Bathtub with Shower
  • Walk-in Shower

Outdoor Features

  • No Personal Watercraft
  • Deck
  • Covered Patio or Porch
  • Rain Gutters

Schools

  • Weatherstone Elementary School
  • West Cary Middle School
  • Green Hope High School

Utilities

  • Forced Air Zoned Cooling and Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Cable TV Available

Community Details

Overview

  • Association fees include insurance
  • Preston Falls Villas HOA, Phone Number (910) 295-3791
  • Built by Paramount
  • Preston Falls Villas Subdivision

Recreation

  • Golf Course Community
  • Tennis Courts
  • Community Playground
  • Community Pool
  • Trails

Security

  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,560

Year Built

Built in 1990

Lot Details

0

HOA Fees

$190 per month

Parking

2

Listing Details

  • Builder Name: Paramount
  • Year Built: 1990
  • Prop. Type: Residential
  • Reso Association Fee Includes: Insurance
  • Subdivision Name: Preston Falls Villas
  • Above Grade Finished Sq Ft: 2401.0
  • Architectural Style: Transitional
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One and One Half
  • New Construction: No
  • Contract Information Ownership Type: Townhouse
  • General Property Information Lot Size Dimensions: 41 x 97 x 41 x 90
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: Yes
  • Appliances Microwave: Yes
  • Architectural Style Transitional: Yes
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Interior Features BathtubShower Combination: Yes
  • Laundry Features Main Level: Yes
  • Security Features Smoke Detector(s): Yes
  • Sewer:Public Sewer: Yes
  • Structure Type Site Built: Yes
  • Water Source Public: Yes
  • Basement Walk-In Crawl Space: Yes
  • Cooling Zoned: Yes
  • Flooring Carpet: Yes
  • Flooring Hardwood: Yes
  • Interior Features Separate Shower: Yes
  • Room Types Bedroom 2 Level: 2
  • Room Types Bedroom 3 Level: 2
  • Room Types Dining Room2: Yes
  • Room Types Family Room2: Yes
  • Room Types Primary Bedroom Level: M
  • Interior Features LivingDining Room Combination: Yes
  • Room Types Utility Room: Yes
  • Appliances Refrigerators: Yes
  • Room Types Living Room2: Yes
  • Room Types Breakfast Room: Yes
  • Utilities Cable Available: Yes
  • Room Types Sunroom: Yes
  • Pool Features Swimming Pool ComFee: Yes
  • Security Features Security System: Yes
  • General Property Information Association Phone: 910-295-3791
  • General Property Information Senior Community YN: No
  • Laundry Features Laundry Closet: Yes
  • Levels One and One Half: Yes
  • General Property Information Water Frontage Length2: 41.0
  • Waterfront Access Private Ownership: Yes
  • Lot Water Features Water View: Yes
  • Lot Water Features Waterfront3: Yes
  • General Property Information Above Grade Finished Area: 2401.0
  • General Property Information Carport YN: No
  • Interior Features Keeping Room: Yes
  • General Property Information Lot Size Square Feet2: 3920.4
  • Lot Water Features No Motor Watercraft: Yes
  • General Property Information Lot Size Acres: 0.09
  • General Property Information Builder Name: Paramount
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Flooring: Carpet, Hardwood, Tile
  • Interior Amenities: Bathtub/Shower Combination, Bookcases, Ceiling Fan(s), Double Vanity, Eat-in Kitchen, Entrance Foyer, Granite Counters, High Ceilings, Keeping Room, Living/Dining Room Combination, Pantry, Primary Downstairs, Separate Shower, Storage, Vaulted Ceiling(s), Walk-In Closet(s), Walk-In Shower, Whirlpool Tub
  • Basement: Crawl Space, Walk-In Crawl Space
  • Appliances: Dishwasher, Electric Range, Gas Water Heater, Microwave, Refrigerator
  • Basement YN: No
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Family Room, Gas, Gas Log
  • Fireplaces: 1
  • Total Bedrooms: 8
  • Appliances Dishwasher: Yes
  • Community Features:Playground2: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Interior Features:Double Vanity: Yes
  • Interior Features:Entrance Foyer: Yes
  • Interior Features:Granite Counters: Yes
  • Interior Features:High Ceilings: Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Primary Downstairs: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Walk-In Shower: Yes
  • Basement:Crawl Space: Yes
  • Community Features:Street Lights: Yes
  • Fireplace Features:Family Room: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Interior Features:Storage3: Yes
  • Appliances:Electric Range: Yes
  • Fireplace Features:Gas Log: Yes
  • Appliances:Gas Water Heater: Yes
  • Fireplace Features:Gas4: Yes
  • Interior Features:Bookcases: Yes
  • Interior Features:Vaulted Ceiling(s): Yes
  • Attic Features:Floored: Yes
  • Interior Features:Whirlpool Tub: Yes
  • Attic Features:Walk-In Attic: Yes
  • Community Features:Golf: Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Water Body Name: Preston Lake
  • Exterior Features: Rain Gutters
  • Acres: 0.09
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Construction Type: Stucco
  • Patio And Porch Features: Covered, Deck, Porch
  • 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:Deck2: Yes
  • Lot Features:On Golf Course: Yes
  • Waterfront Features:Lake3: Yes
  • Construction Materials:Stucco: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Concrete, Driveway, Garage, Garage Faces Side
  • Parking Features:Attached: Yes
  • Parking Features:Garage: Yes
  • Parking Features:Concrete4: Yes
  • Parking Features:Driveway: Yes
  • Parking Features:Garage Faces Side: Yes
  • General Property Information:Garage Spaces: 2.0

Utilities

  • Utilities: Cable Available
  • Heating: Forced Air, Natural Gas
  • Cooling: Central Air, Zoned
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Golf, Playground, Street Lights
  • Senior Community: No
  • Association Fee: 190.0
  • Association Fee Frequency: Monthly
  • Association Name: Preston Falls Villas HOA
  • Phone: 910-295-3791
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: Preston Falls Villas HOA
  • Association Amenities:Trail(s): Yes
  • Association Amenities:Tennis Courts: Yes
  • Association Fee Includes:Insurance2: Yes
  • Association Amenities:Golf Course: Yes
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 190.0
  • General Property Information:Association Fee Frequency: Monthly

Schools

  • Ninth Grade High School: Wake - Green Hope
  • Middle Or Junior School: Wake - West Cary

Lot Info

  • Lot Dimensions: 41 x 97 x 41 x 90
  • Lot Size Sq Ft: 3920.4
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 5560.0
  • Tax Year: 2021

MLS Schools

  • Elementary School: Wake - Weatherstone

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 30, 2022
Sold by
Poythress and Carol
Bought by
Gray Philip and Cunningham Ruthann
Current Estimated Value
$1,130,345

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$841,406
Outstanding Balance
$802,227
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$310,464

Purchase Details

Listed on
Nov 19, 2021
Closed on
Dec 21, 2021
Sold by
Swanson John Patrick and The Margaret Mary Swanson Trus
Bought by
Poythress Torry and Poythress Carol
Seller's Agent
Gina Miller
RE/MAX United
Buyer's Agent
Terry Poythress
Poythress Properties, LLC
List Price
$779,000
Sold Price
$880,000
Premium/Discount to List
$101,000
12.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.64%

Purchase Details

Closed on
Feb 26, 2016
Sold by
Swanson Margaret Mary and Swanson Walter H
Bought by
The Revocable Living Trust Of Walter And

Purchase Details

Closed on
Dec 10, 1992
Bought by
Swanson Margaret M
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
Gray Philip $935,000 None Listed On Document
Poythress Torry $880,000 None Available
The Revocable Living Trust Of Walter And -- None Available
Swanson Margaret M $246,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gray Philip $400,000
Open Gray Philip $841,406
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2023 12/15/23 Off Market $880,000 -- --
12/28/2021 12/28/21 Sold $880,000 +13.0% $367 / Sq Ft
12/03/2021 12/03/21 Pending -- -- --
11/18/2021 11/18/21 For Sale $779,000 -- $324 / 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 $8,281 $985,241 $335,000 $650,241
2023 $6,021 $598,895 $225,000 $373,895
2022 $5,822 $601,529 $225,000 $376,529
2021 $5,560 $586,292 $225,000 $361,292
2020 $5,590 $586,292 $225,000 $361,292
2019 $6,106 $568,408 $250,000 $318,408
2018 $5,729 $568,408 $250,000 $318,408
2017 $5,505 $568,408 $250,000 $318,408
2016 $5,423 $568,408 $250,000 $318,408
2015 $4,393 $444,140 $180,000 $264,140
2014 $4,142 $444,140 $180,000 $264,140
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2419738

Doorify MLS

APN: 0744.02-95-9059-000