NOT LISTED FOR SALE

8721 Chapel Hill Rd Cary, NC 27513

North Cary Neighborhood

Estimated Value: $503,000 - $573,000

3 Beds
2 Baths
1,626 Sq Ft
$335/Sq Ft Est. Value

Last Sold October 31, 2024

Last sale price $566,000 $348 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $3,196/month

4 Days on Market

Highlights

  • Deck
  • Traditional Architecture
  • Main Floor Bedroom
  • Northwoods Elementary School Rated A
  • Wood Flooring
  • No HOA

About This Home

As of October 2024

Come explore the possibilities and charm of this 100 YEAR OLD home in a PRIME downtown Cary location! You are sure to appreciate the original wood floors, windows and trim, or visualize your personal updates with a modern mix of both! You will be impressed with the fenced in, serene backyard oasis, which is a rare find in this location! Take advantage of the MANY OPTIONS available with this home. It lives wonderfully just as it is, along with an income producing APARTMENT upstairs! Or, if you have visions of adding on and building up, this home offers lots of options! For the investor minded this could be a very nice duplex as well. Please note the upstairs apartment IS NOT included in the listed square footage and bed/bathroom count. It is separate from the main floor living space and only accessible via a staircase on the outside of the house. The upstairs apartment is an additional ~650 SF and has 2 bedrooms, 1 bathroom, as well as it's own kitchen and washer/dryer hookups. Perfect for passive income as a rental, mother-in-law suite, a separate space for hobbies, or if you simply needed a get away place for a member of the family! This home in the heart of Cary, with the mature landscaping, and wonderful classic bones is certainly special. Come take a look!

Last Agent to Sell the Property

Bo Burgwyn

Relevate Real Estate Inc. License #229534 Listed on: 09/26/2024

Relevate Real Estate Inc.

Co-Listed By

Mitchell Jostes

Relevate Real Estate Inc. License #347066

Last Buyer's Agent

Laura Johnson

Smart Partners Realty, LLC License #236405

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,397

Year Built

  • Built in 1925

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 77' x 152' x 76' x 153'
  • Fenced Yard
  • Property is Fully Fenced
  • Garden

Home Design

  • Traditional Architecture
  • Shingle Roof
  • Wood Siding
  • Lead Paint Disclosure

Interior Spaces

  • 1,626 Sq Ft Home
  • 1.5-Story Property
  • Smooth Ceilings
  • Ceiling Fan
  • Living Room
  • Breakfast Room
  • Dining Room
  • Wood Flooring
  • Laundry on main level

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • 2 Full Bathrooms
  • Primary bathroom on main floor

Basement

  • Interior Basement Entry
  • Crawl Space

Parking

  • 2 Parking Spaces
  • Parking Pad
  • 2 Open Parking Spaces

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Outdoor Storage

Schools

  • Northwoods Elementary School
  • West Cary Middle School
  • Cary High School

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 0764237415

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,397

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Year Built: 1925
  • Prop. Type: Residential
  • Co List Office Phone: 919-395-0735
  • Subdivision Name: Not in a Subdivision
  • Above Grade Finished Sq Ft: 1626.0
  • Architectural Style: Traditional
  • Garage Yn: No
  • Unit Levels: One, One and One Half
  • New Construction: No
  • General Property Information Lot Size Dimensions: 77' x 152' x 76' x 153'
  • General Property Information Basement YN: Yes
  • Appliances Microwave: Yes
  • Cooling Central Air: Yes
  • Laundry Features Main Level: Yes
  • Levels One: Yes
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • Basement Walk-In Crawl Space: Yes
  • Flooring Hardwood: Yes
  • Interior Features Smooth Ceilings: Yes
  • Room Types Bedroom 2 Level: Main
  • Room Types Bedroom 3 Level: Main
  • Room Types Dining Room2: Yes
  • Architectural Style Traditional: Yes
  • Appliances Refrigerators: Yes
  • Room Types Living Room2: Yes
  • Room Types Breakfast Room: Yes
  • Levels One and One Half: Yes
  • General Property Information Enhanced Accessible2: No
  • Roof:Shingle: Yes
  • General Property Information Above Grade Finished Area: 1626.0
  • Room Types Primary Bathroom Level: Main
  • Disclosures Lead Based Paint: Yes
  • Fencing Full2: Yes
  • General Property Information Lot Size Square Feet2: 11761.0
  • General Property Information Lot Size Acres: 0.27
  • General Property Information:Living Area3: 1626.0
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Hardwood
  • Interior Amenities: Ceiling Fan(s), Smooth Ceilings
  • Basement: Interior Entry, Walk-In Crawl Space
  • Appliances: Dishwasher, Gas Range, Microwave, Refrigerator
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Appliances Dishwasher: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Basement:Interior Entry: Yes
  • Appliances:Gas Range: Yes
  • Community Features:None3: Yes

Exterior Features

  • Roof: Shingle
  • Exterior Features: Fenced Yard, Garden, Storage
  • Fencing: Full
  • Acres: 0.27
  • Disclosures: Lead Based Paint, Seller Disclosure
  • Construction Type: Wood Siding
  • Foundation Details: Other
  • Patio And Porch Features: Covered, Deck, Front Porch
  • Patio And Porch Features:Covered2: Yes
  • Patio And Porch Features:Deck2: Yes
  • Exterior Features:Fenced - Yard: Yes
  • Lot Features:Garden2: Yes
  • Construction Materials:Wood Siding: Yes
  • Exterior Features:Storage2: Yes
  • Patio And Porch Features:Front Porch: Yes
  • Exterior Features:Garden: Yes

Garage/Parking

  • Attached Garage: No
  • Open Parking Spaces: 2.0
  • Open Parking: Yes
  • Parking Features: Parking Pad
  • Total Parking Spaces: 2.0
  • Parking Features:Parking Pad: Yes
  • General Property Information:Parking Total: 2.0
  • General Property Information:Open Parking YN2: Yes
  • General Property Information:Open Parking Spaces2: 2.0

Utilities

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

Condo/Co-op/Association

  • Community Features: None
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

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

Lot Info

  • Lot Dimensions: 77' x 152' x 76' x 153'
  • Lot Size Sq Ft: 11761.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 0764237415
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3396.66
  • Tax Year: 2024

MLS Schools

  • Elementary School: Wake - Northwoods

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 26, 2024
Closed on
Oct 21, 2024
Sold by
Locklin Catherine I
Bought by
Smith Benjamin and Smith Katherine
Seller's Agent
Bo Burgwyn
Relevate Real Estate Inc.
Buyer's Agent
Laura Johnson
Smart Partners Realty, LLC
List Price
$565,000
Sold Price
$566,000
Premium/Discount to List
$1,000
0.18%
Views
61
Current Estimated Value
$543,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$22,100
Avg. Annual Appreciation
-3.32%
Original Mortgage
$424,500
Outstanding Balance
$419,813
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
$124,087

Purchase Details

Closed on
Mar 30, 1987
Bought by
Locklin Catherine I
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Smith Benjamin $566,000 None Listed On Document
Locklin Catherine I $50,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Benjamin $424,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/31/2024 10/31/24 Sold $566,000 +0.2% $348 / Sq Ft
09/30/2024 09/30/24 Pending -- -- --
09/26/2024 09/26/24 For Sale $565,000 -- $347 / 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 $4,265 $492,908 $260,000 $232,908
2024 $3,397 $400,318 $260,000 $140,318
2023 $2,491 $244,649 $97,750 $146,899
2022 $2,400 $244,649 $97,750 $146,899
2021 $2,352 $244,649 $97,750 $146,899
2020 $2,364 $244,649 $97,750 $146,899
2019 $1,889 $172,706 $70,550 $102,156
2018 $1,775 $172,706 $70,550 $102,156
2017 $1,707 $172,706 $70,550 $102,156
2016 $1,682 $172,706 $70,550 $102,156
2015 $1,558 $154,150 $57,800 $96,350
2014 -- $154,150 $57,800 $96,350
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Doorify MLS

MLS Number: 10054878

Doorify MLS

APN: 0764.14-23-7415-000