NOT LISTED FOR SALE

747 Crabtree Crossing Pkwy Cary, NC 27513

Preston Neighborhood

Estimated Value: $898,000 - $1,264,577

3 Beds
2.5 Baths
2,747 Sq Ft
$401/Sq Ft Est. Value

Last Sold October 07, 2022

Last sale price $940,000 $342 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $6,698/month

92 Days on Market

Highlights

  • On Golf Course
  • Deck
  • Vaulted Ceiling
  • Weatherstone Elementary School Rated A
  • Contemporary Architecture
  • Wood Flooring

About This Home

As of October 2022

Fantastic waterfront view on Highlands 1! Contemporary town home with first floor master bedroom and updated bath. Open concept family room with linear fireplace. Gorgeous kitchen with high end appliances, 6 burner gas range and built in refrigerator. Full walk out basement with patio. Large secondary bedrooms and loft. Beautiful patio overlooking lake, perfect for entertaining. Fantastic location close to RTP, the airport and shopping. Walk to Prestonwood pool, clubhouse, tennis court and golf course

Last Agent to Sell the Property

Karen Coe

Keller Williams Legacy License #158457 Listed on: 05/19/2022

Keller Williams Legacy

Last Buyer's Agent

Kevin Swartz

Rockport Realty License #85199

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,953

Year Built

  • Built in 1989

Lot Details

  • 2,614 Sq Ft Lot
  • Lot Dimensions are 36 x 76.5 x 36 x 79
  • On Golf Course
  • Landscaped with Trees

HOA Fees

  • $202 Monthly HOA Fees

Parking

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

Home Design

  • Contemporary Architecture
  • Stucco

Interior Spaces

  • Multi-Level Property
  • Smooth Ceilings
  • Vaulted Ceiling
  • Ceiling Fan
  • Entrance Foyer
  • Family Room
  • Living Room
  • Breakfast Room
  • Home Office
  • Loft
  • Bonus Room

Kitchen

  • Built-In Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Double Vanity
  • Shower Only
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on main level

Finished Basement

  • Heated Basement
  • Interior and Exterior Basement Entry
  • Natural lighting in basement

Outdoor Features

  • Deck
  • Covered patio or porch
  • Rain Gutters

Schools

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

Utilities

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

Community Details

Overview

  • Association fees include ground maintenance
  • Preston Falls Villas Association
  • Preston Subdivision

Recreation

  • Golf Course Community
  • Tennis Courts
  • Community Pool

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,953

Year Built

Built in 1989

Lot Details

0

HOA Fees

$202 per month

Parking

2

Listing Details

  • Year Built: 1989
  • Prop. Type: Residential
  • Reso Association Fee Includes: Maintenance Grounds
  • Subdivision Name: Preston
  • Above Grade Finished Sq Ft: 2048.0
  • Architectural Style: Contemporary
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Multi/Split
  • New Construction: No
  • Contract Information Ownership Type: Townhouse
  • General Property Information Lot Size Dimensions: 36 x 76.5 x 36 x 79
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: Yes
  • General Property Information Fireplace YN: No
  • Appliances Microwave: Yes
  • Wall Oven: Yes
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Laundry Features Laundry Room: Yes
  • Laundry Features Main Level: 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
  • Lot Features Hardwood Trees: Yes
  • Room Types Bedroom 2 Level: 2
  • Room Types Bedroom 3 Level: L
  • Room Types Bonus Room: Yes
  • Room Types Family Room2: Yes
  • Room Types Office: Yes
  • Room Types Primary Bedroom Level: M
  • Room Types Loft: Yes
  • Room Types Living Room2: Yes
  • Room Types Breakfast Room: Yes
  • Interior Features Shower Only: Yes
  • Utilities Cable Available: Yes
  • Pool Features Swimming Pool ComFee: Yes
  • Architectural Style Contemporary: Yes
  • Levels MultiSplit: Yes
  • Basement Heated3: Yes
  • General Property Information Above Grade Finished Area: 2048.0
  • General Property Information Below Grade Finished Area: 699.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 2613.6
  • General Property Information Lot Size Acres: 0.06
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Flooring: Carpet, Hardwood, Tile
  • Interior Amenities: Ceiling Fan(s), Double Vanity, Entrance Foyer, Granite Counters, High Ceilings, Pantry, Shower Only, Smooth Ceilings, Vaulted Ceiling(s), Walk-In Closet(s), Walk-In Shower
  • Basement: Daylight, Exterior Entry, Finished, Heated, Interior Entry, Partially Finished, Other
  • Appliances: Dishwasher, Gas Cooktop, Gas Water Heater, Microwave, Wall Oven
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 699.0
  • Total Bedrooms: 8
  • Appliances Dishwasher: Yes
  • Appliances:Gas Cooktop: 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:Walk-In Closet(s): Yes
  • Interior Features:Walk-In Shower: Yes
  • Appliances:Gas Water Heater: Yes
  • Basement:Daylight: Yes
  • Basement:Exterior Entry: Yes
  • Basement:Interior Entry: Yes
  • Basement:Partially Finished: Yes
  • Interior Features:Vaulted Ceiling(s): Yes
  • Basement Finished: Yes

Exterior Features

  • Exterior Features: Rain Gutters
  • Acres: 0.06
  • Construction Type: Stucco
  • Patio And Porch Features: Covered, Deck, Patio, 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:Patio: Yes
  • Patio And Porch Features:Deck2: Yes
  • Lot Features:On Golf Course: Yes
  • Construction Materials:Stucco: Yes

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association Fee: 202.0
  • Association Fee Frequency: Monthly
  • Association Name: Preston Falls Villas
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: Preston Falls Villas
  • Association Fee Includes:Maintenance Grounds2: Yes
  • Association Amenities:Tennis Courts: Yes
  • Association Amenities:Golf Course: Yes
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 202.0
  • 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: 36 x 76.5 x 36 x 79
  • Lot Size Sq Ft: 2613.6
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 5953.0
  • Tax Year: 2021

MLS Schools

  • Elementary School: Wake - Weatherstone

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 19, 2022
Closed on
Oct 7, 2022
Sold by
Beanland C Brooks
Bought by
Wingard Robert William and Wingard Lisa Watkins
Seller's Agent
Karen Coe
Keller Williams Legacy
Buyer's Agent
Kevin Swartz
Rockport Realty
List Price
$1,050,000
Sold Price
$940,000
Premium/Discount to List
-$110,000
-10.48%
Current Estimated Value
$1,066,860

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$126,860
Avg. Annual Appreciation
3.90%
Original Mortgage
$650,000
Outstanding Balance
$573,341
Interest Rate
5.16%
Mortgage Type
New Conventional
Estimated Equity
$475,022

Purchase Details

Closed on
Oct 15, 2018
Sold by
Kapp Robert J
Bought by
Beanland C Brooks

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 22, 2012
Sold by
Maginnis Brian and Maginnis Peter
Bought by
Kapp Robert J

Purchase Details

Closed on
Mar 25, 2008
Sold by
Wilkinson Virginia C and Hockaday Sidney M
Bought by
Maginnis Brian and Maginnis Peter
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
Wingard Robert William $940,000 --
Beanland C Brooks $610,000 None Available
Kapp Robert J -- None Available
Maginnis Brian $403,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wingard Robert William $650,000
Previous Owner Beanland C Brooks $306,400
Previous Owner Beanland C Brooks $310,000
Previous Owner Kapp Robert J $483,750
Previous Owner Wilkinson Virginia C $161,500
Previous Owner Wilkinson Virginia C $80,000
Previous Owner Wilkinson Virginia C $165,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2023 12/15/23 Off Market $940,000 -- --
10/07/2022 10/07/22 Sold $940,000 -6.0% $342 / Sq Ft
08/19/2022 08/19/22 Pending -- -- --
06/14/2022 06/14/22 Price Changed $999,999 -4.8% $364 / Sq Ft
05/19/2022 05/19/22 For Sale $1,050,000 -- $382 / 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 $7,858 $934,737 $335,000 $599,737
2023 $6,311 $627,853 $225,000 $402,853
2022 $6,076 $627,853 $225,000 $402,853
2021 $5,953 $627,853 $225,000 $402,853
2020 $5,985 $627,853 $225,000 $402,853
2019 $6,501 $605,338 $250,000 $355,338
2018 $5,591 $554,657 $250,000 $304,657
2017 $5,372 $554,657 $250,000 $304,657
2016 $5,292 $554,657 $250,000 $304,657
2015 -- $431,825 $180,000 $251,825
2014 -- $431,825 $180,000 $251,825
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2450065

Doorify MLS

APN: 0744.02-95-9327-000