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508 Gravel Brook Court

508 Gravel Brook Court, Cary, NC 27519
Property in Stonecrest
Sold Jul 27, 2017
$490,000
$424,100 by Bank Of America Na
Mortgage Due Aug 01, 2047
Sold Mar 03, 2006
$370,000
$307,850 by National Mortgage Access Inc
Mortgage Due Mar 01, 2036
508 Gravel Brook Court in Cary, NC was first built in 2006 and is 18 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. 508 Gravel Brook Court has 3,559 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 11,326 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 226 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. 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, 508 Gravel Brook Court sold most recently in Jul 27, 2017 for a total of $490,000. If you work out the math, that's approximately a cost of $137.68 per sqft. Before that, the property was also sold for $370,000 in Feb 28, 2006. 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 $5,078 in taxes each year. 508 Gravel Brook Court was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $524,388. If we break it down further, the land itself was valued at $83,000. Improvements to the property, however, were assessed at a total of $441,388. The property's total market value has been marked the same as the total assessed value which is pretty typical. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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: 2006
  • Effective Year Built: 2006
  • 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: 226
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 11,326
  • Total Building Area: 3,559
  • Building Area: 3,559
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 3,559
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: STONECREST SUB
  • Land Acres: 0.26
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LO52 STONECREST SUB PH2 BM2004-01104

Ownership

  • Current Owner : HABARADAS ROMEO
  • Current Owner 2: SOLINAP MARIA
  • Previous Owner : TAYLOR DANIEL JAMES
  • Previous Owner 2: TAYLOR ELAINE
  • Owner Before Previous Owner: 1ST AMERICAN BUILDERS LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 053409

Zoning

  • Zoning: R8CU

Geography

  • Account Number: 0327256
  • District: 20
  • Subdivision Phase Number: 2
  • Parcel: 0743.02-65-0013 0327256
  • Lot: 52
  • Municipality: WHITE OAK
  • Latitude: 35.7695
  • Longitude: -78.8449

    Address

  • Full Address: 508 Gravel Brook Ct
  • Address - House Number: 508
  • Address - Street Name: Gravel Brook
  • Address - Suffix Type: Ct
  • State: NC
  • City Name: Cary
  • Carrier Code: R050
  • 4-Digit Zip Code: 6002
  • Zip Code: 27519

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,078

    Appraisal Valuation

  • Standard Deviation: 0.1283
  • Valuation Date: Aug 31, 2022
  • Confidence Score: 85
  • Final Value: 848,918
  • High Value: 957,845
  • Low Value: 739,990

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $424,100
  • First Open Lien Mortgage Lender: BANK OF AMERICA NA
  • First Open Lien Mortgage Recording Date: Jul 27, 2017
  • First Open Lien Mortgage Loan Amount: $424,100
  • 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, 2047

    Market Valuation

  • Market Total Value: $524,388
  • Market Land Value: $83,000
  • Market Improvement Value: $441,388

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $524,388
  • Assessed Land Value: $83,000
  • Assessed Improvements Value: $441,388

    Sales

  • Current Sale Contract Date: Jul 27, 2017
  • Current Sale Recording Date: Jul 27, 2017
  • Current Sale Transaction ID: 1731650164
  • Current Sale Price: $490,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Mar 03, 2006
  • Previous Sale Contract Date: Feb 28, 2006
  • Previous Sale Amount: $370,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF AMERICA NA
  • First Mortgage Transaction Date: Jul 27, 2017
  • First Mortgage Loan Amount: $424,100
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2047

    Previous Mortgages

  • Previous Mortgage Lender: NATIONAL MORTGAGE ACCESS INC
  • Previous Mortgage Transaction Date: Mar 03, 2006
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $307,850
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • Previous Mortgage Loan Due Date: Mar 01, 2036

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Frequently Asked Questions

What neighborhood is 508 Gravel Brook Court located in?
The 508 Gravel Brook Court is a located in the neighborhood of Stonecrest in Stonecrest, Cary.
What is the average sales price for listings in 508 Gravel Brook Court?
The average sales price for units in 508 Gravel Brook Court is $0 currently.

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