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505 Middleton Avenue

505 Middleton Avenue, Cary, NC 27513
Townhouse in Taylor's Pond
Sold Dec 20, 2018
$161,500
$100,000 by Towne Mortgage Of The Carolina
Mortgage Due Jan 01, 2049
Sold Mar 13, 2007
$110,500
$110,500 by Quicken Loans Inc
Mortgage Due Apr 01, 2037
505 Middleton Avenue 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 1984 and is 40 years old. However, we must point out that the home was most recently renovated and altered in 1989. Residents will have access to one full bathroom. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 505 Middleton Avenue has 1,166 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 2,178 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a townhouse 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 good. The building has a gable style roof. The exterior walls of the building are made of alum/vinyl siding. 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, 505 Middleton Avenue sold most recently in Dec 18, 2018 for a total of $161,500. If you work out the math, that's approximately a cost of $138.51 per sqft. Before that, the property was also sold for $110,500 in Mar 2, 2007. 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 $1,812 in taxes each year. The initial year of tax delinquency occurred in 2022. 505 Middleton Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $178,878. If we break it down further, the land itself was valued at $58,000. Improvements to the property, however, were assessed at a total of $120,878. The property's total market value has been marked the same as the total assessed value which is pretty typical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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: 1984
  • Effective Year Built: 1989
  • Total Rooms: 5
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Good
  • Building Style: Townhouse
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Gable
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 2,178
  • Total Building Area: 1,166
  • Building Area: 1,166
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,166
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: TAYLORS POND
  • Land Acres: 0.05
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: LO29 TAYLORS POND PH1 BM1983-1351

Ownership

  • Current Owner : MILLER JAMES ELLIOTT
  • Previous Owner : NAPIER MATALABA R
  • Owner Before Previous Owner: CRATER WILBURN Z
  • Owner Before Previous Owner 2: CRATER SUZANNE W
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 053513

Zoning

  • Zoning: TR

Geography

  • Account Number: 0136426
  • District: 04
  • Subdivision Phase Number: 1
  • Parcel: 0764.13-13-9338 0136426
  • Lot: 29
  • Municipality: CARY
  • Latitude: 35.7924
  • Longitude: -78.7911

    Address

  • Full Address: 505 Middleton Ave
  • Address - House Number: 505
  • Address - Street Name: Middleton
  • Address - Suffix Type: Ave
  • State: NC
  • City Name: Cary
  • Carrier Code: C003
  • 4-Digit Zip Code: 4418
  • Zip Code: 27513

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,812
  • Intital Tax Deliquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.14
  • Valuation Date: Oct 11, 2023
  • Confidence Score: 83
  • Final Value: 303,186
  • High Value: 345,637
  • Low Value: 260,735

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $100,000
  • First Open Lien Mortgage Lender: TOWNE MORTGAGE OF THE CAROLINA
  • First Open Lien Mortgage Recording Date: Dec 20, 2018
  • 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: Jan 01, 2049

    Market Valuation

  • Market Total Value: $178,878
  • Market Land Value: $58,000
  • Market Improvement Value: $120,878

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $178,878
  • Assessed Land Value: $58,000
  • Assessed Improvements Value: $120,878

    Sales

  • Current Sale Contract Date: Dec 18, 2018
  • Current Sale Recording Date: Dec 20, 2018
  • Current Sale Transaction ID: 11543946447
  • Current Sale Price: $161,500
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Mar 13, 2007
  • Previous Sale Contract Date: Mar 02, 2007
  • Previous Sale Amount: $110,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: TOWNE MORTGAGE OF THE CAROLINA
  • First Mortgage Transaction Date: Dec 20, 2018
  • First Mortgage Loan Amount: $100,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2049

    Previous Mortgages

  • Previous Mortgage Lender: QUICKEN LOANS INC
  • Previous Mortgage Transaction Date: Mar 13, 2007
  • Previous Mortgage Loan Amount: $110,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Unknown (DEFAULT)
  • Previous Mortgage Loan Due Date: Apr 01, 2037

About Taylor's Pond



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Nearby Rentals

Unit for rent at

$1,595 /mo

  • 2 Beds
  • 2.5 Baths
  • 1,675 ft²
Listing by Jean Fletcher
Unit for rent at

$1,695 /mo

  • 3 Beds
  • 2.5 Baths
  • 1,650 ft²
Listing by Brian Schambs
Unit for rent at

$1,495 /mo

  • 3 Beds
  • 2.5 Baths
  • 1,332 ft²
Listing by Mike Trainer
Unit for rent at

$1,675 /mo

  • 3 Beds
  • 1.5 Baths
  • 1,250 ft²
Listing by Manager
Unit for rent at

$1,625 /mo

  • 3 Beds
  • 1.5 Baths
  • 1,300 ft²
Listing by Manager

Frequently Asked Questions

What neighborhood is 505 Middleton Avenue located in?
The 505 Middleton Avenue is a townhouse located in the neighborhood of Taylor's Pond in Taylor's Pond, Cary.
What is the average sales price for listings in 505 Middleton Avenue?
The average sales price for units in 505 Middleton Avenue is $165,000 , or $142/sqft. currently.

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