8835 Chapel Hill Rd Cary, NC 27513
North Cary Neighborhood
6
Beds
9
Baths
3,498
Sq Ft
0.32
Acres
Highlights
- Two Primary Bedrooms
- Transitional Architecture
- Stainless Steel Appliances
- Northwoods Elementary School Rated A
- Whirlpool Bathtub
- Patio
About This Home
As of July 2025Add to your portfolio with this cash-flowing triplex in the heart of Cary. 2units leased and boasting at-market rents. See documents for long list of upgrades and cash-flow info. Leases are available on request. Each unit includes dual primary bedroom/bath on second floor with kitchen,
living room, dining room and half bath below. Granite countertops in unit 8839 only. Private patio with storage room on each unit. Parking for 8 cars affords 2 spaces per unit, plus 2 visitor spaces.Walking distance to downtown Cary shopping and restaurants for your tenants' convenience. House hack by living in one unit and renting the other two. Don't miss out on this
rare opportunity to own 3 units in the heart of Cary!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,131
Year Built
- Built in 1988
Lot Details
- 0.32 Acre Lot
- 1 Common Wall
- Two or More Common Walls
- Landscaped
Home Design
- Triplex
- Transitional Architecture
- Slab Foundation
- Architectural Shingle Roof
- Vinyl Siding
Interior Spaces
- 3,498 Sq Ft Home
- 2-Story Property
- Entrance Foyer
- Living Room with Fireplace
- Pull Down Stairs to Attic
- Laundry in Bathroom
Kitchen
- Electric Range
- Dishwasher
- Stainless Steel Appliances
Flooring
- Carpet
- Tile
- Luxury Vinyl Tile
Bedrooms and Bathrooms
- 6 Bedrooms
- Double Master Bedroom
- Whirlpool Bathtub
- Shower Only
Parking
- Paved Parking
- 8 Open Parking Spaces
- Off-Street Parking
Outdoor Features
- Patio
- Outdoor Storage
- Rain Gutters
Utilities
- Forced Air Heating and Cooling System
- Heat Pump System
- Vented Exhaust Fan
- Electric Water Heater
Listing and Financial Details
- Tenant pays for all utilities
- The owner pays for grounds care, HVAC maintenance, insurance, management, pest control, repairs, roof maintenance, taxes
- Assessor Parcel Number 0764232804
Community Details
Overview
- 3 Units
Building Details
- 2 Leased Units
- 1 Vacant Unit
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 19, 2025
Closed on
Jul 8, 2025
Sold by
Merit Capital Llc and Alpine Equity Partnership Llc
Bought by
Salamati Katayoun and Shahriari Ramin
Seller's Agent
David Fresquez
POWELL REALTY
Buyer's Agent
Fara Pourshariati
Compass -- Raleigh
List Price
$830,000
Sold Price
$751,000
Premium/Discount to List
-$79,000
-9.52%
Views
263
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
32.99%
Original Mortgage
$563,250
Outstanding Balance
$563,250
Interest Rate
5.5%
Mortgage Type
New Conventional
Estimated Equity
$216,105
Purchase Details
Closed on
Jul 26, 2006
Sold by
Guertin Wallace G and Fleming Judy Catherine
Bought by
Guertin Wallace G and Fleming Judy Catherine
Purchase Details
Closed on
Mar 4, 1991
Bought by
Guertin Wallace G and Fleming Judy Catherine
Similar Homes in Cary, NC
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $751,000 | Navigate Title | |
| Warranty Deed | $751,000 | Navigate Title | |
| Interfamily Deed Transfer | -- | None Available | |
| Deed | $137,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $563,250 | New Conventional | |
| Closed | $563,250 | New Conventional | |
| Previous Owner | $400,000 | Construction |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/14/2025 07/14/25 | Sold | $751,000 | -3.1% | $215 / Sq Ft |
| 06/01/2025 06/01/25 | Pending | -- | -- | -- |
| 05/29/2025 05/29/25 | Price Changed | $775,000 | -1.3% | $222 / Sq Ft |
| 05/08/2025 05/08/25 | Price Changed | $785,000 | -1.3% | $224 / Sq Ft |
| 04/23/2025 04/23/25 | Price Changed | $795,000 | -1.9% | $227 / Sq Ft |
| 03/30/2025 03/30/25 | Price Changed | $810,000 | -2.4% | $232 / Sq Ft |
| 03/19/2025 03/19/25 | For Sale | $830,000 | +27.7% | $237 / Sq Ft |
| 08/11/2023 08/11/23 | Sold | $650,000 | +4.8% | $185 / Sq Ft |
| 07/03/2023 07/03/23 | Pending | -- | -- | -- |
| 07/01/2023 07/01/23 | For Sale | $620,000 | -- | $176 / Sq Ft |
Source: Doorify MLS
Tax History Compared to Growth
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 | $5,131 | $604,757 | $252,000 | $352,757 |
| 2023 | $3,605 | $353,804 | $98,000 | $255,804 |
| 2022 | $3,472 | $353,804 | $98,000 | $255,804 |
| 2021 | $3,403 | $353,804 | $98,000 | $255,804 |
| 2020 | $3,421 | $353,804 | $98,000 | $255,804 |
| 2019 | $2,858 | $261,278 | $70,000 | $191,278 |
| 2018 | $2,684 | $261,278 | $70,000 | $191,278 |
| 2017 | $2,581 | $261,278 | $70,000 | $191,278 |
| 2016 | $2,543 | $261,278 | $70,000 | $191,278 |
| 2015 | -- | $268,923 | $84,000 | $184,923 |
| 2014 | $2,556 | $268,923 | $84,000 | $184,923 |
Source: Public Records
Agents Affiliated with this Home
-
David Fresquez
Seller's Agent in 2025
David Fresquez
POWELL REALTY
(919) 819-4239
2 in this area
16 Total Sales
-
Fara Pourshariati
Buyer's Agent in 2025
Fara Pourshariati
Compass -- Raleigh
(919) 214-0859
2 in this area
40 Total Sales
-
Elizabeth Guertin
Seller's Agent in 2023
Elizabeth Guertin
Thomas Guertin Real Estate Inc
(919) 524-0810
2 in this area
52 Total Sales
Map
Source: Doorify MLS
MLS Number: 10083264
APN: 0764.13-23-2804-000
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Some IDX listings have been excluded from this IDX display. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. Listings marked with an icon are provided courtesy of the Doorify MLS, Inc. of North Carolina, Internet Data Exchange Database. Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property. Copyright 2025 Doorify MLS, Inc. of North Carolina. All rights reserved.
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