NOT LISTED FOR SALE

9028 Cobalt Ridge Way Cary, NC 27513

Green Level Neighborhood

Estimated Value: $1,031,000 - $1,158,014

6 Beds
5.5 Baths
4,125 Sq Ft
$270/Sq Ft Est. Value

Last Sold November 04, 2022

Last sale price $900,000 $218 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $7,007/month

10 Days on Market

Highlights

  • Deck
  • Transitional Architecture
  • Main Floor Bedroom
  • Mills Park Elementary School Rated A
  • Wood Flooring
  • Bonus Room

About This Home

As of November 2022

Well maintained west Cary home with covered front porch! New Paint! 6 bedrooms includes private 1st floor guest suite with full bath. Spectacular 1st floorshowcases 10’ ceilings, coffered ceiling at great room & gas fireplace. Large gourmet kitchen w/ level 4 granite countertops, large center island plus pantry. Spacious owner’s suite includes deluxe bath w/ granite countertops. Screened porch & deck! Very private cul-de-sac lot. Finished 3rd floor! Mills Park schools!

Last Agent to Sell the Property

Tony Yao

CHK Realty License #219218 Listed on: 09/02/2022

Last Buyer's Agent

Bhaskar Koukuntla

Sunay Realty License #302288

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,790

Year Built

  • Built in 2016

Lot Details

  • 10,019

HOA Fees

  • $64 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Transitional Architecture
  • Traditional Architecture
  • Brick or Stone Mason
  • Stone

Interior Spaces

  • 4,125 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Family Room with Fireplace
  • Breakfast Room
  • Dining Room
  • Bonus Room
  • Screened Porch
  • Crawl Space
  • Fire and Smoke Detector
  • Laundry on upper level

Kitchen

  • Butlers Pantry
  • Double Oven
  • Gas Cooktop
  • Range Hood
  • Plumbed For Ice Maker
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet

Schools

  • Mills Park Elementary And Middle School
  • Green Level High School

Utilities

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

Additional Features

  • Deck
  • 10,019 Sq Ft Lot

Community Details

  • Association fees include storm water maintenance
  • Omega Management Association
  • Built by M/I Homes
  • Holland Farm Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,790

Year Built

Built in 2016

Lot Details

0

HOA Fees

$64 per month

Parking

2

Listing Details

  • Builder Name: M/I Homes
  • Year Built: 2016
  • Prop. Type: Residential
  • Reso Association Fee Includes: Storm Water Maintenance
  • Subdivision Name: Holland Farm
  • Above Grade Finished Sq Ft: 4125.0
  • Architectural Style: Traditional, Transitional
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Contract Information Ownership Type: Other
  • General Property Information Lot Size Dimensions: see survey
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: Yes
  • Architectural Style Transitional: Yes
  • Flooring Tile: Yes
  • Security Features Smoke Detector(s): Yes
  • Sewer:Public Sewer: Yes
  • Structure Type Site Built: Yes
  • Water Source Public: Yes
  • Cooling Zoned: Yes
  • Flooring Carpet: Yes
  • Flooring Hardwood: Yes
  • Levels Two: Yes
  • Room Types Bedroom 2 Level: 2
  • Room Types Bedroom 3 Level: 2
  • Room Types Bedroom 4 Level: 2
  • Room Types Bonus Room: Yes
  • Room Types Dining Room2: Yes
  • Room Types Family Room2: Yes
  • Architectural Style Traditional: Yes
  • Room Types Primary Bedroom Level: 2
  • Laundry Features Upper Level: Yes
  • Room Types Bedroom 5 Level: M
  • Room Types Breakfast Room: Yes
  • Utilities Cable Available: Yes
  • General Property Information Above Grade Finished Area: 4125.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 10018.8
  • General Property Information Lot Size Acres: 0.23
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Hardwood, Tile
  • Interior Amenities: Butler's Pantry, Ceiling Fan(s), Granite Counters, High Ceilings, Pantry, Walk-In Closet(s)
  • Basement: Crawl Space
  • Appliances: Dishwasher, Double Oven, Gas Cooktop, Gas Water Heater, Plumbed For Ice Maker, Range Hood
  • Basement YN: No
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Fireplace Features: Family Room, Gas Log
  • Fireplaces: 1
  • Total Bedrooms: 12
  • Appliances Dishwasher: Yes
  • Appliances:Gas Cooktop: Yes
  • Appliances:Plumbed For Ice Maker: Yes
  • Appliances:Range Hood: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Interior Features:Granite Counters: Yes
  • Interior Features:High Ceilings: Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Basement:Crawl Space: Yes
  • Fireplace Features:Family Room: Yes
  • Fireplace Features:Gas Log: Yes
  • Appliances:Gas Water Heater: Yes
  • Appliances:Double Oven: Yes
  • Interior Features:Butler_squote_s Pantry: Yes
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Acres: 0.23
  • Construction Type: Fiber Cement, Stone
  • Patio And Porch Features: Deck, Porch, Screened
  • Construction Materials:Fiber Cement: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Screened: Yes
  • Construction Materials:Stone: Yes
  • Patio And Porch Features:Deck2: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Garage
  • Parking Features:Garage: Yes
  • General Property Information:Garage Spaces: 2.0

Utilities

  • Utilities: Cable Available
  • Heating: Natural Gas, Zoned
  • Cooling: Zoned
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Zoned2: Yes

Condo/Co-op/Association

  • Association Fee: 64.0
  • Association Fee Frequency: Monthly
  • Association Name: Omega Management
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: Omega Management
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 64.0
  • General Property Information:Association Fee Frequency: Monthly

Schools

  • Ninth Grade High School: Wake - Green Level
  • Middle Or Junior School: Wake - Mills Park

Lot Info

  • Lot Dimensions: see survey
  • Lot Size Sq Ft: 10018.8
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 5790.0
  • Tax Year: 2021

MLS Schools

  • Elementary School: Wake - Mills Park

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 2, 2022
Closed on
Oct 17, 2022
Sold by
Zeng Kang
Bought by
Gogineni Venkata Durga Prathy and Sabbineni Sudhakar Babu
Seller's Agent
Tony Yao
CHK Realty
Buyer's Agent
Bhaskar Koukuntla
Sunay Realty
List Price
$950,000
Sold Price
$900,000
Premium/Discount to List
-$50,000
-5.26%
Total Days on Market
10
Views
2
Current Estimated Value
$1,113,004

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$213,004
Avg. Annual Appreciation
9.56%
Original Mortgage
$720,000
Outstanding Balance
$688,469
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$449,672

Purchase Details

Closed on
Dec 22, 2016
Sold by
M I Homes Of Raleigh Llc
Bought by
Zeng Kang and Lu Ping

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
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 Buyer Sale Price Title Company
Gogineni Venkata Durga Prathy $900,000 --
Zeng Kang $583,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gogineni Venkata Durga Prathy $720,000
Previous Owner Zeng Kang $396,000
Previous Owner Zeng Kang $398,700
Previous Owner Zeng Kang $417,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2023 12/15/23 Off Market $900,000 -- --
11/04/2022 11/04/22 Sold $900,000 -5.3% $218 / Sq Ft
09/12/2022 09/12/22 Pending -- -- --
09/02/2022 09/02/22 For Sale $950,000 -- $230 / 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 $8,560 $1,018,497 $270,000 $748,497
2023 $6,182 $614,959 $140,000 $474,959
2022 $5,790 $598,186 $140,000 $458,186
2021 $5,673 $598,186 $140,000 $458,186
2020 $5,703 $598,186 $140,000 $458,186
2019 $6,292 $585,765 $140,000 $445,765
2018 $5,903 $585,765 $140,000 $445,765
2017 $5,673 $585,765 $140,000 $445,765
2016 $1,331 $140,000 $140,000 $0
2015 $1,181 $120,000 $120,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2472172

Doorify MLS

APN: 0724.02-66-8580-000