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505 Cole Stream Court

505 Cole Stream Court, Cary, NC 27513
Property in Weatherstone
Sold Aug 04, 2022
$835,000
$668,000 by Movement Mortgage Llc
Mortgage Due Sep 01, 2052
Sold Mar 10, 2015
$535,000
$416,000 by Wells Fargo Bank Na
Mortgage Due Apr 01, 2045
505 Cole Stream Court in Cary, NC was first built in 2011 and is 13 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. 505 Cole Stream Court has 3,609 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 9,148 square feet.

Learn more about the property and building on this page. 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 504 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. 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, 505 Cole Stream Court sold most recently in Aug 3, 2022 for a total of $835,000. If you work out the math, that's approximately a cost of $231.37 per sqft. Before that, the property was also sold for $535,000 in Feb 19, 2015. 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 $6,030 in taxes each year. 505 Cole Stream Court was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $623,151. If we break it down further, the land itself was valued at $135,000. Improvements to the property, however, were assessed at a total of $488,151. The property's total market value has been marked the same as the total assessed value which is pretty typical. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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

Attached Garage
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2011
  • Effective Year Built: 2011
  • 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 Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 504
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 9,148
  • Total Building Area: 3,609
  • Building Area: 3,609
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 3,609
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: RCMB COLES CREEK
  • Land Acres: 0.21
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LO38 RCMB COLES CREEK AT WEATHERSTONE BM2010-01074

Ownership

  • Current Owner : NEWELL LAURA ADELIA
  • Current Owner 2: NEWELL JAMES RICHARD
  • Previous Owner : BHATTI MUHAMMAD A
  • Previous Owner 2: BHATTI ALIYA A
  • Owner Before Previous Owner: BRADLEY DEBORAH A
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 053524

Zoning

  • Zoning: RMFP

Geography

  • Account Number: 0359694
  • District: 04
  • Parcel: 0754.19-72-0414 0359694
  • Lot: 38
  • Municipality: CARY
  • Latitude: 35.7898
  • Longitude: -78.8077

    Address

  • Full Address: 505 Cole Stream Ct
  • Address - House Number: 505
  • Address - Street Name: Cole Stream
  • Address - Suffix Type: Ct
  • State: NC
  • City Name: Cary
  • Carrier Code: R035
  • 4-Digit Zip Code: 8375
  • Zip Code: 27513

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $6,030

    Appraisal Valuation

  • Standard Deviation: 0.0688
  • Valuation Date: Sep 21, 2022
  • Confidence Score: 96
  • Final Value: 832,537
  • High Value: 889,865
  • Low Value: 775,209

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $668,000
  • First Open Lien Mortgage Lender: MOVEMENT MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Aug 04, 2022
  • First Open Lien Mortgage Loan Amount: $668,000
  • 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: Sep 01, 2052

    Market Valuation

  • Market Total Value: $623,151
  • Market Land Value: $135,000
  • Market Improvement Value: $488,151

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $623,151
  • Assessed Land Value: $135,000
  • Assessed Improvements Value: $488,151

    Sales

  • Current Sale Contract Date: Aug 03, 2022
  • Current Sale Recording Date: Aug 04, 2022
  • Current Sale Transaction ID: 11894017855
  • Current Sale Price: $835,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Mar 10, 2015
  • Previous Sale Contract Date: Feb 19, 2015
  • Previous Sale Amount: $535,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MOVEMENT MORTGAGE LLC
  • First Mortgage Transaction Date: Aug 04, 2022
  • First Mortgage Loan Amount: $668,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BANK NA
  • Previous Mortgage Transaction Date: Mar 10, 2015
  • Previous Mortgage Loan Amount: $416,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Apr 01, 2045

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Frequently Asked Questions

What neighborhood is 505 Cole Stream Court located in?
The 505 Cole Stream Court is a located in the neighborhood of Weatherstone in Weatherstone, Cary.
What is the average sales price for listings in 505 Cole Stream Court?
The average sales price for units in 505 Cole Stream Court is $0 currently.

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