See Home Value
Wake 27519
524 Lapis Lane
$1,421,517*
House - Off Market

524 Lapis Lane

Cary, NC 27519
bedrooms
4 Beds
bathrooms
5 Baths, 1 Half Bath
square feet
4773 Sqft
$1,215,000 - $1,485,000
Reference Base Price*
5.30%
Since Mar 1, 2022
National-US
Primary Model
Sold Jan 26, 2022
$1,450,000
$1,147,500 by Corporate Investors Mortgage G
Mortgage Due Feb 01, 2052
Sold Feb 15, 2008
$620,000
$492,000 by Wachovia Mortgage Fsb
Mortgage Due Feb 24, 2038

About This Property

Great opportunity to acquire acreage in Cary with this move-in ready 6.3ac mini farm. No HOA/Deed restrictions. 4773 sq ft brick features 4 BR, 4.5 Ba, HUGE family rm, 1st fl master w/ 3/4 bath and 2nd floor Spacious Owners suite. Kitchen w/quartz counters & SS appliances. Updates include new paint inside & out, LVP flooring, new carpet, new tubs with tile surround, new vanities in powder & 3rd floor bath, granite tops in all baths, new door hardware, and many new fixtures. 2 stall stable and riding rink.

The manager has listed the unit size as 4773 square feet.
Unit Size
4,773Ft²
Days on Market
-
Land Size
6.31 acres
Price per sqft
$283
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1991

Price History

Date / Event Date Event Price
Feb 2, 2022 No longer available -
No longer available
Jan 26, 2022 Sold to Amarpreet Kaur, Michael P C... $1,450,000
Sold to Amarpreet Kaur, Michael P C...
Dec 15, 2021 In contract -
In contract
Dec 2, 2021 Listed $1,350,000
Listed
Sep 29, 2021 No longer available -
No longer available
Show More

Property Highlights

Fireplace
Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 1991
  • Effective Year Built: 1991
  • Total Rooms: 10
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Construction Type: Brick
  • Building Style: Conventional
  • Exterior Walls Type: Brick
  • Roof Shape Type: Gable
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 828
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 274,864
  • Total Building Area: 4,417
  • Building Area: 4,417
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 4,417
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SUBDIVISION PLAT OF GLOVER ACRES
  • Land Acres: 6.31
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOD GLOVER ACRES TRACT C BM1990-1282

Ownership

  • Current Owner : COWHERD MICHAEL P
  • Current Owner 2: KAUR AMARPREET
  • Previous Owner : POWELL DAVID R
  • Previous Owner 2: POWELL DIANE E
  • Owner Before Previous Owner: MORGAN MARLON D
  • Owner Before Previous Owner 2: MORGAN KATHRINE
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Wake County Schools
  • School Tax School District: 23
  • Census Tract: 053412

Zoning

  • Zoning: R-40W

Geography

  • Account Number: 0186516
  • District: 20
  • Subdivision Tract Number: C
  • Parcel: 0733.03-44-7118 0186516
  • Lot: D
  • Municipality: WHITE OAK
  • Latitude: 35.7671
  • Longitude: -78.8827

    Address

  • Full Address: 524 Lapis Ln
  • Address - House Number: 524
  • Address - Street Name: Lapis
  • Address - Suffix Type: Ln
  • State: NC
  • City Name: Cary
  • Carrier Code: R076
  • 4-Digit Zip Code: 8576
  • Zip Code: 27519

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,243

    Appraisal Valuation

  • Standard Deviation: 0.0687
  • Valuation Date: Aug 31, 2022
  • Confidence Score: 96
  • Final Value: 1,285,460
  • High Value: 1,373,777
  • Low Value: 1,197,143

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,147,500
  • First Open Lien Mortgage Lender: CORPORATE INVESTORS MORTGAGE G
  • First Open Lien Mortgage Recording Date: Jan 26, 2022
  • First Open Lien Mortgage Loan Amount: $1,147,500
  • 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: Feb 01, 2052

    Market Valuation

  • Market Total Value: $723,207
  • Market Land Value: $297,792
  • Market Improvement Value: $425,415

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $723,207
  • Assessed Land Value: $297,792
  • Assessed Improvements Value: $425,415

    Sales

  • Current Sale Contract Date: Jan 24, 2022
  • Current Sale Recording Date: Jan 26, 2022
  • Current Sale Transaction ID: 11879302254
  • Current Sale Price: $1,450,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Feb 15, 2008
  • Previous Sale Contract Date: Feb 13, 2008
  • Previous Sale Amount: $620,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CORPORATE INVESTORS MORTGAGE G
  • First Mortgage Transaction Date: Jan 26, 2022
  • First Mortgage Loan Amount: $1,147,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: WACHOVIA MORTGAGE FSB
  • Previous Mortgage Transaction Date: Feb 15, 2008
  • Previous Mortgage Loan Amount: $492,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Negative Amortization
  • Previous Mortgage Loan Due Date: Feb 24, 2038



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Wake


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Frequently Asked Questions

When was property at 524 Lapis Lane built and last sold?
The property at 524 Lapis Lane was built in 1991 and last sold on Jan 24, 2022 for $1,450,000.
How much is this home worth?
The estimated value of the home located at 524 Lapis Lane is $1,352,932.
What are some comparable homes to 524 Lapis Lane?
There are currently no comparable homes to 524 Lapis Lane.

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