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512 Powers Ferry Road

512 Powers Ferry Road, Cary, NC 27519
Property in Gabel Farms
Sold Apr 18, 2013
$396,000
$316,550 by M I Financial Corp
Mortgage Due May 01, 2043
512 Powers Ferry Road 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 2013 and is 11 years old. Residents will have access to 3 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 512 Powers Ferry Road has 3,470 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 7,405 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a conventional 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. For the features and amenities located on the property. There is a garage for those who require parking. The garage measured 484 sqft. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. 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. 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. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 512 Powers Ferry Road was last sold in Apr 18, 2013 for $396,000. According to our calculations, that's $114.12 per sqft. Current property owners are expected to pay $4,502 in taxes per year. The property on 512 Powers Ferry Road was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $464,730. To break that down further, the land itself was valued at $63,000. While improvements to the property were assessed at a total of $401,730. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. 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. This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2013
  • Effective Year Built: 2013
  • 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: 484
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,405
  • Total Building Area: 3,470
  • Building Area: 3,470
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 3,470
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: GREYSTONE PDD PRCL SF
  • Land Acres: 0.17
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LO316 GREYSTONE PDD BM2010-00497

Ownership

  • Current Owner : SONG QI
  • Current Owner 2: WANG JINGYAN
  • Previous Owner : M I HOMES OF RALEIGH LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 053410

Zoning

  • Zoning: TRP

Geography

  • Account Number: 0379785
  • District: 20
  • Parcel: 0724.02-77-5528 0379785
  • Lot: 316
  • Municipality: WHITE OAK
  • Latitude: 35.804
  • Longitude: -78.9072

    Address

  • Full Address: 512 Powers Ferry Rd
  • Address - House Number: 512
  • Address - Street Name: Powers Ferry
  • Address - Suffix Type: Rd
  • State: NC
  • City Name: Cary
  • Carrier Code: R047
  • 4-Digit Zip Code: 2525
  • Zip Code: 27519

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,502

    Appraisal Valuation

  • Standard Deviation: 0.1237
  • Valuation Date: Aug 31, 2022
  • Confidence Score: 86
  • Final Value: 816,940
  • High Value: 918,061
  • Low Value: 715,819

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $586,550
  • First Open Lien Mortgage Lender: M I FINANCIAL CORP
  • First Open Lien Mortgage Recording Date: Apr 18, 2013
  • First Open Lien Mortgage Loan Amount: $316,550
  • 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: May 01, 2043
  • Second Open Lien Mortgage Lender: PROVIDENT FUNDING ASSOCIATES L
  • Second Open Lien Mortgage Recording Date: Aug 14, 2020
  • Second Open Lien Mortgage Loan Amount: $270,000
  • 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, 2050

    Market Valuation

  • Market Total Value: $464,730
  • Market Land Value: $63,000
  • Market Improvement Value: $401,730

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $464,730
  • Assessed Land Value: $63,000
  • Assessed Improvements Value: $401,730

    Sales

  • Current Sale Contract Date: Apr 18, 2013
  • Current Sale Recording Date: Apr 18, 2013
  • Current Sale Transaction ID: 1131456389
  • Current Sale Price: $396,000
  • Current Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: M I FINANCIAL CORP
  • First Mortgage Transaction Date: Apr 18, 2013
  • First Mortgage Loan Amount: $316,550
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2043

About Gabel Farms



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Nearby Rentals

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Frequently Asked Questions

What neighborhood is 512 Powers Ferry Road located in?
The 512 Powers Ferry Road is a located in the neighborhood of Gabel Farms in Gabel Farms, Cary.
What is the average sales price for listings in 512 Powers Ferry Road?
The average sales price for units in 512 Powers Ferry Road is $0 currently.

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