NOT LISTED FOR SALE

840 W Chatham St Cary, NC 27511

South Cary Neighborhood

Estimated Value: $598,000 - $658,000

-- Bed
3 Baths
3,414 Sq Ft
$185/Sq Ft Est. Value

Last Sold August 10, 2021

Last sale price $475,000 $139 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $3,767/month

Highlights

  • Wood Flooring
  • Central Air
  • Heat Pump System
  • Turner Creek Elementary School Rated A-
  • Wood Siding

About This Home

As of August 2021

Sold before hitting MLS. Located one mile west of Downtown Cary, this triplex offers convenient access to multiple retail, dining and employment centers. The two end units are three-bedroom town homes and the middle unit is a two-bedroom. With long-term tenants paying below-market rents, the property offers a great opportunity to add value with strategic improvements.

Last Agent to Sell the Property

Thomas Furlow

Deaton Investment Real Estate License #222598 Listed on: 08/09/2021

Last Buyer's Agent

Thomas Furlow

Deaton Investment Real Estate License #222598 Listed on: 08/09/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,699

Year Built

  • Built in 1984

Lot Details

  • 0.4

Parking

  • Off-Street Parking

Home Design

  • Wood Siding

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Basement

  • Crawl Space

Schools

  • Wake County Schools Elementary And Middle School
  • Wake County Schools High School

Utilities

  • Central Air
  • Heat Pump System

Community Details

  • 3 Units
  • Gross Income $2,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,699

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Year Built: 1984
  • Prop. Type: Residential Income
  • Subdivision Name: Not in a Subdivision
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • Flooring Carpet: Yes
  • Flooring Hardwood: Yes
  • Flooring Vinyl: Yes
  • General Property Information Carport YN: No
  • General Property Information Number Of Units Total3: 3.0
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Hardwood, Tile, Vinyl
  • Basement: Crawl Space
  • Basement:Crawl Space: Yes

Exterior Features

  • Construction Type: Wood Siding
  • Construction Materials:Wood Siding: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Off Street
  • Parking Features:Off Street: Yes

Utilities

  • Heating: Electric, Heat Pump
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Electric4: Yes
  • Heating:Heat Pump2: Yes

Schools

  • Ninth Grade High School: Wake County Schools
  • Middle Or Junior School: Wake County Schools

Rental Info

  • Owner Pays: None

Tax Info

  • Tax Annual Amount: 3699.0
  • Tax Year: 2020

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 2800.0

MLS Schools

  • Elementary School: Wake County Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 14, 2007
Sold by
Tavana Saeed E and Tavana Tiersa N
Bought by
Chatham Property Investments Llc
Current Estimated Value
$630,885

Purchase Details

Closed on
Sep 17, 1990
Bought by
Chatham Property Investments Llc
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
Chatham Property Investments Llc -- None Available
Chatham Property Investments Llc $132,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/14/2023 12/14/23 Off Market $475,000 -- --
08/10/2021 08/10/21 Sold $475,000 0.0% $139 / Sq Ft
08/09/2021 08/09/21 Pending -- -- --
08/09/2021 08/09/21 For Sale $475,000 -- $139 / 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 $5,064 $583,866 $225,000 $358,866
2024 $4,956 $583,866 $225,000 $358,866
2023 $3,799 $373,199 $140,000 $233,199
2022 $3,660 $373,199 $140,000 $233,199
2021 $3,587 $373,199 $140,000 $233,199
2020 $3,605 $373,199 $140,000 $233,199
2019 $3,135 $287,185 $100,000 $187,185
2018 $2,944 $287,185 $100,000 $187,185
2017 $2,831 $287,185 $100,000 $187,185
2016 $2,790 $287,185 $100,000 $187,185
2015 $2,815 $279,861 $84,000 $195,861
2014 $2,657 $279,861 $84,000 $195,861
Source: Public Records

Agents Affiliated with this Home

  • Thomas Furlow

    Seller's Agent in 2021

    Thomas Furlow

    Deaton Investment Real Estate

    (919) 847-1117

    2 in this area

    75 Total Sales

    Thomas Furlow
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Map

Source: Doorify MLS

MLS Number: 2400818

Doorify MLS

APN: 0763.05-09-2240-000

North Carolina Wake County Cary 27511 South Cary

840 W Chatham St, Cary, NC

This home is located at 840 W Chatham St, Cary, NC 27511 since 09 August 2021 and is currently estimated at $630,885, approximately $184 per square foot. This property was built in 1984. 840 W Chatham St is a home located in Wake County with nearby schools including Turner Creek Elementary School, Salem Middle, and Cary 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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