Check Availability

508 Greenwood Drive

508 Greenwood Drive, Cary, NC 27511
Property in Greenwood Forest
Sold Oct 08, 2020
$365,000
$289,000 by Quicken Loans Llc
Mortgage Due Nov 01, 2050
Sold Apr 12, 1993
$140,000
508 Greenwood Drive in Cary, NC was first built in 1972 and is 52 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. It is a single story home. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 508 Greenwood Drive has 2,512 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 23,958 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. 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 brick control joints. The condition of the building has been evaluated as average. The exterior walls of the home are made of brick. 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 Greenwood Drive sold most recently in Oct 8, 2020 for a total of $365,000. If you work out the math, that's approximately a cost of $145.30 per sqft. Before that, the property was also sold for $140,000 in Apr 12, 1993. 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 $3,587 in taxes each year. 508 Greenwood Drive was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $369,821. If we break it down further, the land itself was valued at $145,000. Improvements to the property, however, were assessed at a total of $224,821. The property's total market value has been marked the same as the total assessed value which is pretty typical. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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: 1972
  • Effective Year Built: 1972
  • Total Rooms: 9
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Construction Type: Brick
  • Building Style: Conventional
  • Exterior Walls Type: Brick
  • Roof Shape Type: Hip
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 23,958
  • Total Building Area: 2,512
  • Building Area: 2,512
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,512
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: GREENWOOD FOREST
  • Land Acres: 0.55
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LO8 GRNWD FOR PT SE2 BLL BLDBM1962 BM1962-00117

Ownership

  • Current Owner : HENDERSON WILLIAM RUFUS
  • Current Owner 2: HENDERSON JENNIFER
  • Previous Owner : WEATHERS JAMES C
  • Previous Owner 2: WEATHER PAULA K
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 053506

Zoning

  • Zoning: R12

Geography

  • Account Number: 0009829
  • District: 04
  • Section: 2
  • Parcel: 0763.11-75-2490 0009829
  • Lot: 8
  • Municipality: CARY
  • Latitude: 35.7704
  • Longitude: -78.7731

    Address

  • Full Address: 508 Greenwood Dr
  • Address - House Number: 508
  • Address - Street Name: Greenwood
  • Address - Suffix Type: Dr
  • State: NC
  • City Name: Cary
  • Carrier Code: C032
  • 4-Digit Zip Code: 4650
  • Zip Code: 27511

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,587

    Appraisal Valuation

  • Standard Deviation: 0.0687
  • Valuation Date: Aug 31, 2022
  • Confidence Score: 96
  • Final Value: 370,129
  • High Value: 395,559
  • Low Value: 344,699

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $289,000
  • First Open Lien Mortgage Lender: QUICKEN LOANS LLC
  • First Open Lien Mortgage Recording Date: Oct 08, 2020
  • First Open Lien Mortgage Loan Amount: $289,000
  • 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: Nov 01, 2050

    Market Valuation

  • Market Total Value: $369,821
  • Market Land Value: $145,000
  • Market Improvement Value: $224,821

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $369,821
  • Assessed Land Value: $145,000
  • Assessed Improvements Value: $224,821

    Sales

  • Current Sale Contract Date: Oct 08, 2020
  • Current Sale Recording Date: Oct 08, 2020
  • Current Sale Transaction ID: 11823119466
  • Current Sale Price: $365,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Apr 12, 1993
  • Previous Sale Contract Date: Apr 12, 1993
  • Previous Sale Amount: $140,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: QUICKEN LOANS LLC
  • First Mortgage Transaction Date: Oct 08, 2020
  • First Mortgage Loan Amount: $289,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2050

About Greenwood Forest



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 824 Warren Avenue, Cary, NC, 27511

$1,950 /mo

  • Studio
  • 1 Bath
  • 500 ft²
824 Warren Avenue #A, Cary, NC, 27511 Listing by Lori Hill
Unit for rent at 224 Waldo Street, Cary, NC, 27511

$1,850 /mo

  • 2 Beds
  • 1.5 Baths
  • 2,109 ft²
224 Waldo Street, Cary, NC, 27511 Listing by Karen Coe
Unit for rent at 821 Hanbury Way, Raleigh, NC, 27607

$2,020 /mo

  • 2 Beds
  • 2 Baths
  • 1,089 ft²
821 Hanbury Way #201, Raleigh, NC, 27607 Listing by Ross Rebhan
Unit for rent at 704 Collington Drive, Cary, NC, 27511

$1,900 /mo

  • 4 Beds
  • 3.5 Baths
  • 1,800 ft²
704 Collington Drive, Cary, NC, 27511 Listing by Tim Devinney
Unit for rent at 126 Madison Square Lane, Cary, NC, 27513

$2,150 /mo

  • 3 Beds
  • 3.5 Baths
  • 2,098 ft²
126 Madison Square Lane, Cary, NC, 27513 Listing by Megan Wheeler
Unit for rent at 5943 Farm Gate Road, Raleigh, NC, 27606

$1,950 /mo

  • 4 Beds
  • 2.5 Baths
  • 1,872 ft²
5943 Farm Gate Road, Raleigh, NC, 27606 Listing by Harrison Qu

Frequently Asked Questions

What neighborhood is 508 Greenwood Drive located in?
The 508 Greenwood Drive is a located in the neighborhood of Greenwood Forest in Greenwood Forest, Cary.
What is the average sales price for listings in 508 Greenwood Drive?
The average sales price for units in 508 Greenwood Drive is $0 currently.

Quantcast