NOT LISTED FOR SALE

740 Magalloway Dr Unit L506 Cary, NC 27519

Carpenter Neighborhood

Estimated Value: $1,219,000 - $1,350,599

5 Beds
4 Baths
3,151 Sq Ft
$411/Sq Ft Est. Value

About This Home

This home is located at 740 Magalloway Dr Unit L506, Cary, NC 27519 and is currently estimated at $1,294,650, approximately $410 per square foot. 740 Magalloway Dr Unit L506 is a home located in Wake County with nearby schools including Carpenter Elementary, Alston Ridge Middle School, and Panther Creek High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 11, 2022
Sold by
Armstrong Dena C and Armstrong Michael Don
Bought by
Vancza Michelle and Vancza Eric
Current Estimated Value
$1,294,650

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$787,500
Outstanding Balance
$748,242
Interest Rate
5.27%
Mortgage Type
New Conventional
Estimated Equity
$546,408

Purchase Details

Closed on
Sep 30, 2013
Sold by
Terramor Homes Inc
Bought by
Armstrong Dena C and Armstrong Don Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,351
Interest Rate
4.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 29, 2012
Sold by
Cameron Pond Investors Llc
Bought by
Terramor Homes Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$410,000
Interest Rate
3.84%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Apr 14, 2011
Sold by
Impact/Cameron Pond Llc
Bought by
Cameron Pond Investors Llc
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
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
Vancza Michelle $1,125,000 Setliff Law Firm Pllc
Armstrong Dena C $632,000 None Available
Terramor Homes Inc $440,000 None Available
Cameron Pond Investors Llc $989,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vancza Michelle $787,500
Previous Owner Armstrong Dena C $600,351
Previous Owner Terramor Homes Inc $410,000
Source: Public Records

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 $10,115 $1,177,836 $275,000 $902,836
2024 $9,896 $1,177,836 $275,000 $902,836
2023 $7,494 $745,935 $133,400 $612,535
2022 $7,215 $745,935 $133,400 $612,535
2021 $7,069 $745,935 $133,400 $612,535
2020 $7,106 $745,935 $133,400 $612,535
2019 $6,751 $628,618 $110,400 $518,218
2018 $6,334 $628,618 $110,400 $518,218
2017 $6,086 $628,618 $110,400 $518,218
2016 $5,995 $628,618 $110,400 $518,218
2015 $6,440 $652,074 $156,200 $495,874
2014 $6,071 $652,074 $156,200 $495,874
Source: Public Records

Map

North Carolina Wake County Cary 27519 Carpenter

740 Magalloway Dr Unit L506, Cary, NC

This home is located at 740 Magalloway Dr Unit L506, Cary, NC 27519 and is currently estimated at $1,294,650, approximately $410 per square foot. 740 Magalloway Dr Unit L506 is a home located in Wake County with nearby schools including Carpenter Elementary, Alston Ridge 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.

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