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501 Devonhall Lane

501 Devonhall Lane, Cary, NC 27518
Sold Jul 29, 2014
$650,000
$487,500 by Wells Fargo Bank Na
Mortgage Due Aug 01, 2044
Sold Jul 30, 2013
$787,500
501 Devonhall Lane in Cary, NC was first built in 2001 and is 23 years old. 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 3 full bathrooms. There are 3 partial bathrooms. 501 Devonhall Lane has 4,765 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 24,394 square feet.

Learn more about the property and building on this page. The home has a hip 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 775 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. 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. The property was last sold in Jul 29, 2014 for $650,000. That's $136.41 per sqft. Prior to that sales transaction, the property was also sold in Nov 16, 2012 for $787,500. 501 Devonhall Lane was last assessed in 2022. The total value of the property was assessed at $797,931. Specifically, the land the property is located on was valued at $120,000. While improvements on the property were assessed at a total of $677,931. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $7,716. 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. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2001
  • Effective Year Built: 2001
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Construction Type: Frame
  • Building Style: Conventional
  • Roof Shape Type: Hip
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 775
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 24,394
  • Total Building Area: 4,765
  • Building Area: 4,765
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 4,765
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: KENSINGTON REGENCY
  • Land Acres: 0.56
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LO78 KENSINGTON @ REGENCY PH1 BM1999-169

Ownership

  • Current Owner : HOLLAND TYLER R
  • Current Owner 2: HOLLAND LESLIE M
  • Previous Owner : AMERICAN ESCROW & CLOSING CO
  • Owner Before Previous Owner: MCDOWELL HARVEY RAY
  • Owner Before Previous Owner 2: MCDOWELL KAY TAYLOR
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 053405

Zoning

  • Zoning: R8

Geography

  • Account Number: 0254491
  • District: 20
  • Subdivision Phase Number: 1
  • Parcel: 0751.04-94-1226 0254491
  • Lot: 78
  • Municipality: WHITE OAK
  • Latitude: 35.7123
  • Longitude: -78.8008

    Address

  • Full Address: 501 Devonhall Ln
  • Address - House Number: 501
  • Address - Street Name: Devonhall
  • Address - Suffix Type: Ln
  • State: NC
  • City Name: Cary
  • Carrier Code: R044
  • 4-Digit Zip Code: 2659
  • Zip Code: 27518

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $7,716

    Appraisal Valuation

  • Standard Deviation: 0.1167
  • Valuation Date: Aug 31, 2022
  • Confidence Score: 87
  • Final Value: 1,213,720
  • High Value: 1,355,395
  • Low Value: 1,072,045

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $916,100
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Jul 29, 2014
  • First Open Lien Mortgage Loan Amount: $487,500
  • 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: LADERA LENDING INC
  • Second Open Lien Mortgage Recording Date: Aug 26, 2021
  • Second Open Lien Mortgage Loan Amount: $428,600
  • 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: Sep 01, 2051

    Market Valuation

  • Market Total Value: $797,931
  • Market Land Value: $120,000
  • Market Improvement Value: $677,931

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $797,931
  • Assessed Land Value: $120,000
  • Assessed Improvements Value: $677,931

    Sales

  • Current Sale Contract Date: Jul 29, 2014
  • Current Sale Recording Date: Jul 29, 2014
  • Current Sale Transaction ID: 1132094319
  • Current Sale Price: $650,000
  • Current Sale Document Type: Special Warranty Deed
  • Previous Sale Recording Date: Jul 30, 2013
  • Previous Sale Contract Date: Nov 16, 2012
  • Previous Sale Amount: $787,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Jul 29, 2014
  • First Mortgage Loan Amount: $487,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2044

About Kensington at Regency



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Frequently Asked Questions

What neighborhood is 501 Devonhall Lane located in?
The 501 Devonhall Lane is a located in the neighborhood of Kensington at Regency in Kensington at Regency, Cary.
What is the average sales price for listings in 501 Devonhall Lane?
The average sales price for units in 501 Devonhall Lane is $0 currently.

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