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4031 Mahal Avenue

4031 Mahal Avenue, Cary, NC 27519
Property in Wake
Sold Jul 15, 2020
$330,000
$264,000 by Loandepot.com Llc
Mortgage Due Aug 01, 2050
Local assessors in Cary, NC have categorized 4031 Mahal Avenue as a residential type of property. The home was built in 2020 and is 4 years old. The property's lot size has been calculated to be 1,742 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a townhouse 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 4031 Mahal Avenue has a total of 2,069 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a full basement that is 368 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

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. The home sources its water from a water system. The home is connected to a sewer system. Which is great for homeowners who want a more hands-off approach to handling their wastewater disposal. 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. 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, 4031 Mahal Avenue sold most recently in Jul 15, 2020 for a total of $330,000. If you work out the math, that's approximately a cost of $159.50 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 $3,188 in taxes each year. 4031 Mahal Avenue was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $328,452. If we break it down further, the land itself was valued at $65,000. Improvements to the property, however, were assessed at a total of $263,452. The property's total market value has been marked the same as the total assessed value which is pretty typical. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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: 2020
  • Effective Year Built: 2020
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Construction Type: Frame
  • Building Style: Townhouse
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 368
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 1,742
  • Total Building Area: 2,069
  • Building Area: 2,069
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,069
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: BRICKYARD
  • Land Acres: 0.04
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: LO11 BRICKYARD PH3A BM2018-02068

Ownership

  • Current Owner : KALYAN PENTAKOTA
  • Current Owner 2: SEKHAR VIJAY ANAND
  • Previous Owner : MERITAGE HOMES OF THE CAROLINAS INC

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 000053

Zoning

  • Zoning: OIM

Geography

  • Assessors Map Reference: BK 2018 PG 2068
  • Account Number: 0462098
  • District: 20
  • Subdivision Phase Number: 3A
  • Parcel: 0735.02-59-2245 0462098
  • Lot: 11
  • Municipality: WHITE OAK
  • Latitude: 35.836
  • Longitude: -78.881

    Address

  • Full Address: 4031 Mahal Ave
  • Address - House Number: 4031
  • Address - Street Name: Mahal
  • Address - Suffix Type: Ave
  • State: NC
  • City Name: Cary
  • Carrier Code: R077
  • 4-Digit Zip Code: 9648
  • Zip Code: 27519

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,188

    Appraisal Valuation

  • Standard Deviation: 0.1237
  • Valuation Date: Aug 31, 2022
  • Confidence Score: 86
  • Final Value: 561,706
  • High Value: 631,234
  • Low Value: 492,178

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $264,000
  • First Open Lien Mortgage Lender: LOANDEPOT.COM LLC
  • First Open Lien Mortgage Recording Date: Jul 15, 2020
  • First Open Lien Mortgage Loan Amount: $264,000
  • 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, 2050

    Market Valuation

  • Market Total Value: $328,452
  • Market Land Value: $65,000
  • Market Improvement Value: $263,452

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $328,452
  • Assessed Land Value: $65,000
  • Assessed Improvements Value: $263,452

    Sales

  • Current Sale Contract Date: Jul 15, 2020
  • Current Sale Recording Date: Jul 15, 2020
  • Current Sale Transaction ID: 11775254400
  • Current Sale Price: $330,000
  • Current Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: LOANDEPOT.COM LLC
  • First Mortgage Transaction Date: Jul 15, 2020
  • First Mortgage Loan Amount: $264,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2050

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Frequently Asked Questions

What neighborhood is 4031 Mahal Avenue located in?
The 4031 Mahal Avenue is a located in the neighborhood of Wake in Wake, Cary.
What is the average sales price for listings in 4031 Mahal Avenue?
The average sales price for units in 4031 Mahal Avenue is $0 currently.

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