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204 Parkgate Drive

204 Parkgate Drive, Cary, NC 27519
Property in Parkgate
Sold Apr 29, 2014
$395,000
$270,000 by Gateway Bank Mortgage Inc
Mortgage Due May 01, 2044
204 Parkgate Drive in Cary, NC was first built in 1994 and is 30 years old. Although, the building on the property was most recently renovated and altered in 2000. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a conventional style. There are a total of 2 floors. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 204 Parkgate Drive has 2,964 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 14,810 square feet.

Learn more about the property and building on this page. The home has a gable style roof. Water for the property is sourced from a water system. The property is connected to a sewer system. For those who need parking, there is a garage. The garage is 506 sqft. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The condition of the building has been evaluated as average. The exterior walls of the home are made of brick. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system and being fueled with gas. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. 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, 204 Parkgate Drive sold most recently in Apr 23, 2014 for a total of $395,000. If you work out the math, that's approximately a cost of $133.27 per sqft. 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 $4,588 in taxes each year. 204 Parkgate Drive was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $473,613. If we break it down further, the land itself was valued at $80,000. Improvements to the property, however, were assessed at a total of $393,613. The property's total market value has been marked the same as the total assessed value which is pretty typical. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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: 1994
  • Effective Year Built: 2000
  • Total Rooms: 9
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: Average
  • Construction Type: Frame
  • Building Style: Conventional
  • Exterior Walls Type: Brick
  • Roof Shape Type: Gable
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 506
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 14,810
  • Total Building Area: 2,964
  • Building Area: 2,964
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,964
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: PARKGATE SUB
  • Land Acres: 0.34
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LO201 PARKGATE SUB PH2 SC2 BM1993-1225

Ownership

  • Current Owner : NAM CHANG
  • Current Owner 2: KIM JIN K
  • Previous Owner : BARR STEVE H
  • Previous Owner 2: BARR JANICE L
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 053408

Zoning

  • Zoning: R8P

Geography

  • Account Number: 0202332
  • District: 20
  • Subdivision Phase Number: 2
  • Parcel: 0733.02-98-7665 0202332
  • Lot: 201
  • Municipality: WHITE OAK
  • Latitude: 35.7794
  • Longitude: -78.866

    Address

  • Full Address: 204 Parkgate Dr
  • Address - House Number: 204
  • Address - Street Name: Parkgate
  • Address - Suffix Type: Dr
  • State: NC
  • City Name: Cary
  • Carrier Code: R053
  • 4-Digit Zip Code: 5903
  • Zip Code: 27519

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,588

    Appraisal Valuation

  • Standard Deviation: 0.1283
  • Valuation Date: Aug 31, 2022
  • Confidence Score: 85
  • Final Value: 773,148
  • High Value: 872,353
  • Low Value: 673,943

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $476,800
  • First Open Lien Mortgage Lender: GATEWAY BANK MORTGAGE INC
  • First Open Lien Mortgage Recording Date: Apr 29, 2014
  • First Open Lien Mortgage Loan Amount: $270,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: May 01, 2044
  • Second Open Lien Mortgage Lender: ARK-LA-TEX FINANCIAL SERVICES
  • Second Open Lien Mortgage Recording Date: Jul 15, 2020
  • Second Open Lien Mortgage Loan Amount: $206,800
  • Second Open Lien Mortgage Term: 180
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Aug 01, 2035

    Market Valuation

  • Market Total Value: $473,613
  • Market Land Value: $80,000
  • Market Improvement Value: $393,613

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $473,613
  • Assessed Land Value: $80,000
  • Assessed Improvements Value: $393,613

    Sales

  • Current Sale Contract Date: Apr 23, 2014
  • Current Sale Recording Date: Apr 29, 2014
  • Current Sale Transaction ID: 1131637673
  • Current Sale Price: $395,000
  • Current Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: GATEWAY BANK MORTGAGE INC
  • First Mortgage Transaction Date: Apr 29, 2014
  • First Mortgage Loan Amount: $270,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2044

About Parkgate



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Frequently Asked Questions

What neighborhood is 204 Parkgate Drive located in?
The 204 Parkgate Drive is a located in the neighborhood of Parkgate in Parkgate, Cary.
What is the average sales price for listings in 204 Parkgate Drive?
The average sales price for units in 204 Parkgate Drive is $0 currently.

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