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325 Glen Echo Lane

325 Glen Echo Lane, Cary, NC 27518
325 Glen Echo Lane 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 1990 and is 34 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, 325 Glen Echo Lane has 1,394 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Fans of architecture and design would be interested in knowing that the building on the property was built in a condo 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. 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, 325 Glen Echo Lane sold most recently in May 31, 2018 for a total of $230,000. If you work out the math, that's approximately a cost of $164.99 per sqft. Before that, the property was also sold for $141,000 in Oct 31, 1997. 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 $2,234 in taxes each year. 325 Glen Echo Lane was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $229,582. Improvements to the property, however, were assessed at a total of $229,582. The property's total market value has been marked the same as the total assessed value which is pretty typical. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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.

Building Features

Parking

Parking Lot
Assigned Parking
This property description is generated based on publicly available data.

3 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20211007 Unit L
10/07/2021
L
3 Bed
2 Bath
1428 ft²
$350,000
bedrooms
3 Bed
bathrooms
2 Bath
square feet
1428 ft²
-
-
-
Jason Rummel
Keller Williams Realty Cary
20210811 Unit C
08/11/2021
C
3 Bed
2 Bath
1415 ft²
$350,000
bedrooms
3 Bed
bathrooms
2 Bath
square feet
1415 ft²
$365,000 +4.29%
09/15/2021
Jason Rummel
Keller Williams Realty Cary
20210804 Unit F
08/04/2021
F
2 Bed
2 Bath
1217 ft²
$285,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1217 ft²
$315,000 +10.53%
09/10/2021
Jason Rummel
Keller Williams Realty Cary

Building Info

Overview

    General

  • Year Built: 1990
  • Effective Year Built: 1990
  • Total Rooms: 6
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Construction Type: Frame
  • Building Style: Condo
  • Roof Shape Type: Gable
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 0
  • Total Building Area: 1,394
  • Building Area: 1,394
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,394
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: LOCHRIDGE LAKESIDE CONDOMINIUM
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: L24 BLD LAKESIDE CONDP2 BLDLOCHRI UNN

Ownership

  • Current Owner : POTEAT THOMAS P
  • Previous Owner : PAGE AMANDA JACKSON
  • Owner Before Previous Owner: WILLIAMS DORIS E
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 053004

Zoning

  • Zoning: RMFP

Geography

  • Account Number: 0183284
  • District: 18
  • Parcel: 0762.19-61-6338 0183284
  • Municipality: SWIFT CREEK
  • Latitude: 35.7316
  • Longitude: -78.7757

    Address

  • Full Address: 325 Glen Echo Ln
  • Address - House Number: 325
  • Address - Street Name: Glen Echo
  • Address - Suffix Type: Ln
  • State: NC
  • City Name: Cary
  • Carrier Code: R026
  • 4-Digit Zip Code: 9633
  • Zip Code: 27518

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,234

    Appraisal Valuation

  • Standard Deviation: 0.0687
  • Valuation Date: Aug 31, 2022
  • Confidence Score: 96
  • Final Value: 347,896
  • High Value: 371,798
  • Low Value: 323,994

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $184,000
  • First Open Lien Mortgage Lender: STATE EMPLOYEES CU
  • First Open Lien Mortgage Recording Date: May 31, 2018
  • First Open Lien Mortgage Loan Amount: $184,000
  • 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: Jun 01, 2033

    Market Valuation

  • Market Total Value: $229,582
  • Market Improvement Value: $229,582

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $229,582
  • Assessed Improvements Value: $229,582

    Sales

  • Current Sale Contract Date: May 31, 2018
  • Current Sale Recording Date: May 31, 2018
  • Current Sale Transaction ID: 11471435334
  • Current Sale Price: $230,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Oct 31, 1997
  • Previous Sale Contract Date: Oct 31, 1997
  • Previous Sale Amount: $141,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: STATE EMPLOYEES CU
  • First Mortgage Transaction Date: May 31, 2018
  • First Mortgage Loan Amount: $184,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2033

About Lochmere



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$1,700 /mo

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Frequently Asked Questions

What neighborhood is 325 Glen Echo Lane located in?
The 325 Glen Echo Lane is a located in the neighborhood of Lochridge Lakeside Condominiums in Lochmere, Cary.
What is the average sales price for listings in 325 Glen Echo Lane?
The average sales price for units in 325 Glen Echo Lane is $317,500 , or $241/sqft. currently.

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