$1,495,000
SOLD MAY 9, 2025

737 Crabtree Crossing Pkwy Cary, NC 27513

Preston Neighborhood
3 Beds
3.5 Baths
2,778 Sq Ft
$224/mo HOA Fee

Recently Sold

$538 Per Sq Ft

Highlights

  • Pond View
  • Waterfront
  • Wood Flooring
  • Weatherstone Elementary School Rated A
  • Traditional Architecture
  • Main Floor Primary Bedroom

About This Home

As of May 2025

Rare opportunity to own a private oasis with stunning water views inside the highly-sought community of Preston! This charming Preston Falls Villa offers a blank canvas for your vision, with the potential to become a true masterpiece. Imagine waking up and living with panoramic water views and its nature each day or relaxing while watching the sunset. This property, on a private street, boasts high ceilings, a chef's kitchen, and 3 bedrooms, including a downstairs Owner's Suite with a large walk-in-closet. Whether you want to move in immediately or would like to renovate, the possibilities are endless!

Last Agent to Sell the Property

Mike Little

Poythress Properties, LLC License #295301 Listed on: 04/09/2025

Last Buyer's Agent

Karen Coe

Keller Williams Legacy License #158457

Keller Williams Legacy

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $9,827

Year Built

  • Built in 1990

Lot Details

  • 6,839 Sq Ft Lot
  • Waterfront
  • Property fronts a private road
  • End Unit
  • 1 Common Wall

HOA Fees

  • $224 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Private Driveway
  • 2 Open Parking Spaces

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Stucco

Interior Spaces

  • 2,778 Sq Ft Home
  • 2-Story Property
  • 2 Fireplaces
  • Entrance Foyer
  • Family Room
  • Pond Views
  • Pull Down Stairs to Attic

Kitchen

  • Gas Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Schools

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

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater

Community Details

  • Association fees include road maintenance
  • Preston Falls Villas HOA, Phone Number (919) 741-7500
  • Preston Falls Villas Subdivision
  • Maintained Community

Listing and Financial Details

  • Assessor Parcel Number 0744958188

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$9,827

Year Built

Built in 1990

Lot Details

0

HOA Fees

$224 per month

Parking

2

Listing Details

  • Year Built: 1990
  • Prop. Type: Residential
  • Road Frontage Type: Waterfront
  • Road Frontage Type: Private Road
  • Road Surface Type: Asphalt
  • Reso Association Fee Includes: Road Maintenance
  • Subdivision Name: Preston Falls Villas
  • Above Grade Finished Sq Ft: 2778.0
  • Architectural Style: Traditional
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Contract Information Ownership Type: Townhouse
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: Yes
  • Appliances Microwave: Yes
  • Attic Features Pull-Down Stairs: Yes
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Foundation Details Slab: Yes
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • Flooring Carpet: Yes
  • Flooring Hardwood: Yes
  • Levels Two: Yes
  • Room Types Bedroom 2 Level: Second
  • Room Types Family Room2: Yes
  • Architectural Style Traditional: Yes
  • Room Types Primary Bedroom Level: Main
  • Appliances Refrigerators: Yes
  • General Property Information Association Phone: 9197417500
  • Common Walls End Unit: Yes
  • General Property Information Enhanced Accessible2: No
  • Utilities Natural Gas Available: Yes
  • General Property Information Monthly Association Fees2: 224.0
  • Utilities Water Connected: Yes
  • Room Types Entrance Hall: Yes
  • General Property Information Above Grade Finished Area: 2778.0
  • Utilities Electricity Connected: Yes
  • Room Types Laundry2: Yes
  • Structure Type Townhouse: Yes
  • ViewPond: Yes
  • General Property Information Lot Size Square Feet2: 6838.92
  • General Property Information Lot Size Acres: 0.157
  • Frontage Type Waterfront4: Yes
  • General Property Information Stories2: 2
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2

Interior Features

  • Flooring: Carpet, Hardwood, Tile
  • Appliances: Dishwasher, Gas Cooktop, Gas Oven, Gas Water Heater, Microwave, Range Hood, Refrigerator, Washer/Dryer Stacked
  • Basement YN: No
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplaces: 2
  • Total Bedrooms: 8
  • Stories: 2
  • Appliances Dishwasher: Yes
  • Appliances:Gas Cooktop: Yes
  • Appliances:Range Hood: Yes
  • Appliances:Gas Water Heater: Yes
  • Appliances:WasherDryer Stacked: Yes
  • Fireplace Features:Fireplaces Total: 2
  • Community Features:None3: Yes
  • Appliances:Gas Oven: Yes

Exterior Features

  • Roof: Shake
  • Acres: 0.16
  • Common Walls: 1 Common Wall, End Unit
  • Construction Type: Stucco, Synthetic Stucco
  • Foundation Details: Slab
  • Construction Materials:Stucco: Yes
  • Construction Materials:Synthetic Stucco: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Open Parking Spaces: 2.0
  • Open Parking: Yes
  • Parking Features: Driveway
  • Total Parking Spaces: 2.0
  • Parking Features:Driveway: Yes
  • General Property Information:Garage Spaces: 2.0
  • General Property Information:Attached Garage YN: Yes
  • General Property Information:Parking Total: 2.0
  • General Property Information:Open Parking YN2: Yes
  • General Property Information:Open Parking Spaces2: 2.0

Utilities

  • Utilities: Electricity Connected, Natural Gas Available, Water Connected
  • Heating: Central
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Central: Yes

Condo/Co-op/Association

  • Community Features: None
  • Association Fee: 224.0
  • Association Fee Frequency: Monthly
  • Association Name: Preston Falls Villas HOA
  • Phone: 919-741-7500
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: Preston Falls Villas HOA
  • Association Amenities:Maintenance Grounds: Yes
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 224.0
  • 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 Size Sq Ft: 6838.92
  • ResoLotSizeUnits: Acres
  • Parcel #: 0744958188
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 9827.1
  • Tax Year: 2024

MLS Schools

  • Elementary School: Wake - Weatherstone

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 16, 2024
Sold by
Preston Falls Villas Homeowners Associat
Bought by
Torres Victor E and Dobson-Torres Ruth Tyson
Current Estimated Value
$1,492,792

Purchase Details

Closed on
Nov 13, 2023
Sold by
Rose Jill Kaufman
Bought by
Dobson-Torres Ruth Tyson and Torres Victor E

Purchase Details

Closed on
Nov 22, 2005
Sold by
Hockaday Johnas F and Hockaday Dixie L
Bought by
Kaufman Cliff and Kaufman Jill

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$359,650
Interest Rate
5.9%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed -- None Listed On Document
Warranty Deed $1,425,000 None Listed On Document
Warranty Deed $542,500 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $322,500 New Conventional
Previous Owner $327,000 New Conventional
Previous Owner $359,650 Fannie Mae Freddie Mac
Previous Owner $100,000 Credit Line Revolving
Previous Owner $100,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/09/2025 05/09/25 Sold $1,495,000 0.0% $538 / Sq Ft
04/09/2025 04/09/25 Pending -- -- --
04/09/2025 04/09/25 For Sale $1,495,000 -- $538 / 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 $9,827 $1,169,600 $368,500 $801,100
2023 $7,263 $722,872 $247,500 $475,372
2022 $6,992 $722,872 $247,500 $475,372
2021 $6,851 $722,872 $247,500 $475,372
2020 $6,887 $722,872 $247,500 $475,372
2019 $7,351 $684,710 $275,000 $409,710
2018 $6,897 $684,710 $275,000 $409,710
2017 $6,532 $674,837 $275,000 $399,837
2016 -- $674,837 $275,000 $399,837
2015 $5,057 $511,584 $180,000 $331,584
2014 $4,768 $511,584 $180,000 $331,584
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 10086769

Doorify MLS

APN: 0744.02-95-8188-000