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203 Cherry Grove Drive

203 Cherry Grove Drive, Cary, NC 27519
Property in Park Village
Sold Aug 20, 2014
$257,000
$205,600 by Provident Funding Associates L
Mortgage Due Sep 01, 2029
Sold Jan 31, 2001
$180,000
$143,600 by Ctx Mtg
Mortgage Due Feb 01, 2031
203 Cherry Grove Drive has been categorized by the local assessors in Cary, NC as a residential type of property. The building on the property was first built in 1997 and is 27 years old. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 203 Cherry Grove Drive has 1,741 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 8,276 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a conventional style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. The garage measured 456 sqft. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. The building has a gable style roof. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system and being fueled with gas. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a water system. The building on the property is connected to a sewer system. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 203 Cherry Grove Drive sold most recently in Aug 20, 2014 for a total of $257,000. If you work out the math, that's approximately a cost of $147.62 per sqft. Before that, the property was also sold for $180,000 in Nov 14, 2000. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $3,307 in taxes each year. 203 Cherry Grove Drive was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $340,750. If we break it down further, the land itself was valued at $100,000. Improvements to the property, however, were assessed at a total of $240,750. The property's total market value has been marked the same as the total assessed value which is pretty typical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1997
  • Effective Year Built: 1997
  • Total Rooms: 6
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Construction Type: Frame
  • Building Style: Conventional
  • Roof Shape Type: Gable
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 456
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 8,276
  • Total Building Area: 1,741
  • Building Area: 1,741
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,741
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: PARK VILLAGE
  • Land Acres: 0.19
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LO242 PARK VILLAGE PUD PH2B BM1995-00643

Ownership

  • Current Owner : KANG NING
  • Previous Owner : WOOLLARD PAMELA L
  • Owner Before Previous Owner: BEDDOWS CHARLES R
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 053409

Zoning

  • Zoning: TRP

Geography

  • Account Number: 0215359
  • District: 20
  • Parcel: 0743.01-36-7202 0215359
  • Lot: 242
  • Municipality: WHITE OAK
  • Latitude: 35.7728
  • Longitude: -78.8527

    Address

  • Full Address: 203 Cherry Grove Dr
  • Address - House Number: 203
  • Address - Street Name: Cherry Grove
  • Address - Suffix Type: Dr
  • State: NC
  • City Name: Cary
  • Carrier Code: R050
  • 4-Digit Zip Code: 5852
  • Zip Code: 27519

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,307

    Appraisal Valuation

  • Standard Deviation: 0.1582
  • Valuation Date: Sep 21, 2022
  • Confidence Score: 80
  • Final Value: 509,706
  • High Value: 590,381
  • Low Value: 429,031

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $205,600
  • First Open Lien Mortgage Lender: PROVIDENT FUNDING ASSOCIATES L
  • First Open Lien Mortgage Recording Date: Aug 20, 2014
  • First Open Lien Mortgage Loan Amount: $205,600
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2029

    Market Valuation

  • Market Total Value: $340,750
  • Market Land Value: $100,000
  • Market Improvement Value: $240,750

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $340,750
  • Assessed Land Value: $100,000
  • Assessed Improvements Value: $240,750

    Sales

  • Current Sale Contract Date: Aug 20, 2014
  • Current Sale Recording Date: Aug 20, 2014
  • Current Sale Transaction ID: 1131810580
  • Current Sale Price: $257,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Jan 31, 2001
  • Previous Sale Contract Date: Nov 14, 2000
  • Previous Sale Amount: $180,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PROVIDENT FUNDING ASSOCIATES L
  • First Mortgage Transaction Date: Aug 20, 2014
  • First Mortgage Loan Amount: $205,600
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2029

    Previous Mortgages

  • Previous Mortgage Lender: CTX MTG
  • Previous Mortgage Transaction Date: Jan 31, 2001
  • Previous Mortgage Loan Amount: $143,600
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Feb 01, 2031

About Park Village



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Frequently Asked Questions

What neighborhood is 203 Cherry Grove Drive located in?
The 203 Cherry Grove Drive is a located in the neighborhood of Park Village in Park Village, Cary.
What is the average sales price for listings in 203 Cherry Grove Drive?
The average sales price for units in 203 Cherry Grove Drive is $0 currently.

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