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308 Down East Place

308 Down East Place, Cary, NC 27519
Property in Twin Lakes
Sold Jul 31, 2014
$345,000
$100,000 by Corporate Investors Mortgage G
Mortgage Due Aug 01, 2044
Sold Feb 07, 2008
$351,000
$280,747 by Countrywide Kb Home Loans
Mortgage Due Mar 01, 2023
Local assessors in Cary, NC have categorized 308 Down East Place as a residential type of property. The home was built in 2007 and is 17 years old. The property's lot size has been calculated to be 7,405 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a conventional style. As for the restroom situation, there are 3 full bathrooms. There are also 3 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 308 Down East Place has a total of 3,044 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. The garage on the property is 462 sqft. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 308 Down East Place was last sold in Jul 30, 2014 for $345,000. According to our calculations, that's $113.34 per sqft. Prior to that sales transaction, the property was sold for $351,000 in Feb 6, 2008. Current property owners are expected to pay $4,156 in taxes per year. The property on 308 Down East Place was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $428,838. To break that down further, the land itself was valued at $90,000. While improvements to the property were assessed at a total of $338,838. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. 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.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2007
  • Effective Year Built: 2007
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Construction Type: Frame
  • Building Style: Conventional
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 462
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,405
  • Total Building Area: 3,044
  • Building Area: 3,044
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 3,044
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SEAL HARBOR & EAST HAMPTON TWI
  • Land Acres: 0.17
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LO423 SEAL HARBOR & EAST HAMPTON @ TWIN LAKES PH2B BM2007-00902

Ownership

  • Current Owner : MATSUURA GREG T
  • Current Owner 2: METCALFE SHARI A
  • Previous Owner : YE WEI
  • Previous Owner 2: TANG CHUNYING
  • Owner Before Previous Owner: KB HOME RALEIGH DURHAM INC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 053607

Zoning

  • Zoning: TRP

Geography

  • Account Number: 0364344
  • District: 05
  • Parcel: 0745.11-66-2497 0364344
  • Lot: 423
  • Municipality: CEDAR FORK
  • Latitude: 35.8284
  • Longitude: -78.8438

    Address

  • Full Address: 308 Down East Pl
  • Address - House Number: 308
  • Address - Street Name: Down East
  • Address - Suffix Type: Pl
  • State: NC
  • City Name: Cary
  • Carrier Code: R059
  • 4-Digit Zip Code: 6463
  • Zip Code: 27519

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,156

    Appraisal Valuation

  • Standard Deviation: 0.1283
  • Valuation Date: Aug 31, 2022
  • Confidence Score: 85
  • Final Value: 694,272
  • High Value: 783,357
  • Low Value: 605,188

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $220,320
  • First Open Lien Mortgage Lender: CORPORATE INVESTORS MORTGAGE G
  • First Open Lien Mortgage Recording Date: Jul 31, 2014
  • First Open Lien Mortgage Loan Amount: $100,000
  • 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: Aug 01, 2044
  • Second Open Lien Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • Second Open Lien Mortgage Recording Date: Jun 24, 2020
  • Second Open Lien Mortgage Loan Amount: $120,320
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Jul 01, 2050

    Market Valuation

  • Market Total Value: $428,838
  • Market Land Value: $90,000
  • Market Improvement Value: $338,838

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $428,838
  • Assessed Land Value: $90,000
  • Assessed Improvements Value: $338,838

    Sales

  • Current Sale Contract Date: Jul 30, 2014
  • Current Sale Recording Date: Jul 31, 2014
  • Current Sale Transaction ID: 1131973500
  • Current Sale Price: $345,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Feb 07, 2008
  • Previous Sale Contract Date: Feb 06, 2008
  • Previous Sale Amount: $351,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CORPORATE INVESTORS MORTGAGE G
  • First Mortgage Transaction Date: Jul 31, 2014
  • First Mortgage Loan Amount: $100,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2044

    Previous Mortgages

  • Previous Mortgage Lender: COUNTRYWIDE KB HOME LOANS
  • Previous Mortgage Transaction Date: Feb 07, 2008
  • Previous Mortgage Loan Amount: $280,747
  • Previous Mortgage Term: 180
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Mar 01, 2023

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Frequently Asked Questions

What neighborhood is 308 Down East Place located in?
The 308 Down East Place is a located in the neighborhood of Twin Lakes in Twin Lakes, Cary.
What is the average sales price for listings in 308 Down East Place?
The average sales price for units in 308 Down East Place is $0 currently.

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