$650,000
SOLD AUG 11, 2023

8835 Chapel Hill Rd Cary, NC 27513

North Cary Neighborhood
-- Bed
-- Bath
3,520 Sq Ft
0.32 Acres

Recently Sold

$185 Per Sq Ft

5% Above List Price

2 Days on Market

Highlights

  • Fireplace
  • Tile Flooring
  • Forced Air Heating and Cooling System
  • Northwoods Elementary School Rated A

About This Home

As of July 2025

Rare Cary Triplex in a central location! 2 units are tenant occupied on a month to month lease. 3rd unit is vacant and available for showings. Roof is 4 years old. HVACs are over 6 years old and get serviced twice a year. Each unit has a storage shed and a patio. There is an owner's shed on the property also. Off street parking. This triplex has an amazing rental history, don't miss out on this rare opportunity. Tesla Charger and video cameras and smart door locks belong to the tenant (8835) and will be removed if/when tenant vacates the property. Agent related to seller.

Last Agent to Sell the Property

Elizabeth Guertin

Thomas Guertin Real Estate Inc License #270431 Listed on: 06/29/2023

Last Buyer's Agent

David Fresquez

POWELL REALTY License #292004

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,472

Year Built

  • Built in 1988

Parking

  • Off-Street Parking

Home Design

  • Slab Foundation
  • Vinyl Siding

Flooring

  • Carpet
  • Tile
  • Luxury Vinyl Tile

Schools

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

Additional Features

  • Fireplace
  • 0.32 Acre Lot
  • Forced Air Heating and Cooling System

Community Details

  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,472

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Year Built: 1988
  • Prop. Type: Residential Income
  • Subdivision Name: Not in a Subdivision
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • General Property Information Fireplace YN: Yes
  • Cooling Central Air: Yes
  • Flooring Luxury Vinyl: Yes
  • Flooring Tile: Yes
  • Foundation Details Slab: Yes
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • Cooling:Electric: Yes
  • Flooring Carpet: Yes
  • General Property Information Carport YN: No
  • General Property Information Number Of Units Total3: 3.0
  • General Property Information Lot Size Square Feet2: 13939.0
  • General Property Information Lot Size Acres: 0.32
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Luxury Vinyl, Tile

Exterior Features

  • Acres: 0.32
  • Construction Type: Vinyl Siding
  • Foundation Details: Slab
  • Construction Materials:Vinyl Siding: Yes

Garage/Parking

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

Utilities

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

Schools

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

Lot Info

  • Zoning: TR
  • Lot Size Sq Ft: 13939.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: None

Tax Info

  • Tax Annual Amount: 3472.0
  • Tax Year: 2022

Multi Family

  • Number Of Units Total: 3

MLS Schools

  • Elementary School: Wake - Northwoods

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
76.20%
Original Mortgage
$563,250
Outstanding Balance
$563,250
Interest Rate
5.5%
Mortgage Type
New Conventional
Estimated Equity
$209,324

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
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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

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 $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

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Map

Source: Doorify MLS

MLS Number: 2519039

Doorify MLS

APN: 0764.13-23-2804-000