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5537 Teversham Way

5537 Teversham Way, Cary, NC 27519
Property in Wake
Sold Dec 12, 2014
$358,000
$286,120 by Universal American Mortgage Co
Mortgage Due Jan 01, 2045
Local assessors in Cary, NC have categorized 5537 Teversham Way as a residential type of property. The home was built in 2014 and is 10 years old. The property's lot size has been calculated to be 6,534 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a conventional style. As for the restroom situation, there are 3 full bathrooms. There are also 3 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 5537 Teversham Way has a total of 2,977 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a water system. The home is connected to a sewer system. Which is great for homeowners who want a more hands-off approach to handling their wastewater disposal. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. The garage on the property is 374 sqft. Lots of alum/vinyl siding were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 5537 Teversham Way sold most recently in Dec 5, 2014 for a total of $358,000. If you work out the math, that's approximately a cost of $120.26 per sqft. 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 $4,604 in taxes each year. 5537 Teversham Way was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $475,220. If we break it down further, the land itself was valued at $100,000. Improvements to the property, however, were assessed at a total of $375,220. The property's total market value has been marked the same as the total assessed value which is pretty typical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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: 2014
  • Effective Year Built: 2014
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Style: Conventional
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 374
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,534
  • Total Building Area: 2,977
  • Building Area: 2,977
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,977
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: FRYARS GATE
  • Land Acres: 0.15
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LO77 FRYARS GATE PH2 BM2014-00739

Ownership

  • Current Owner : SRIDHARAN MANIKANDAN
  • Current Owner 2: SRINIVASAN SUPRIYA
  • Previous Owner : LENNAR CAROLINAS LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 053411

Zoning

  • Zoning: TRP

Geography

  • Assessors Map Reference: BK 2014 PG 739
  • Account Number: 0422415
  • District: 20
  • Subdivision Phase Number: 2
  • Parcel: 0734.01-49-4379 0422415
  • Lot: 77
  • Municipality: WHITE OAK
  • Latitude: 35.809
  • Longitude: -78.8837

    Address

  • Full Address: 5537 Teversham Way
  • Address - House Number: 5537
  • Address - Street Name: Teversham
  • Address - Suffix Type: Way
  • State: NC
  • City Name: Cary
  • Carrier Code: R071
  • 4-Digit Zip Code: 5231
  • Zip Code: 27519

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,604

    Appraisal Valuation

  • Standard Deviation: 0.1237
  • Valuation Date: Aug 31, 2022
  • Confidence Score: 86
  • Final Value: 787,185
  • High Value: 884,623
  • Low Value: 689,747

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $386,120
  • First Open Lien Mortgage Lender: UNIVERSAL AMERICAN MORTGAGE CO
  • First Open Lien Mortgage Recording Date: Dec 12, 2014
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $286,120
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2045
  • Second Open Lien Mortgage Lender: BANK OF AMERICA NA
  • Second Open Lien Mortgage Recording Date: Jun 14, 2022
  • Second Open Lien Mortgage Loan Amount: $100,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Mar 18, 2052

    Market Valuation

  • Market Total Value: $475,220
  • Market Land Value: $100,000
  • Market Improvement Value: $375,220

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $475,220
  • Assessed Land Value: $100,000
  • Assessed Improvements Value: $375,220

    Sales

  • Current Sale Contract Date: Dec 05, 2014
  • Current Sale Recording Date: Dec 12, 2014
  • Current Sale Transaction ID: 11472467465
  • Current Sale Price: $358,000
  • Current Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNIVERSAL AMERICAN MORTGAGE CO
  • First Mortgage Transaction Date: Dec 12, 2014
  • First Mortgage Loan Amount: $286,120
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Mortgage Loan Due Date: Jan 01, 2045

    Financing

  • First Mortgage Financing Type: Adjustable Rate

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Frequently Asked Questions

What neighborhood is 5537 Teversham Way located in?
The 5537 Teversham Way is a located in the neighborhood of Wake in Cary, Cary.
What is the average sales price for listings in 5537 Teversham Way?
The average sales price for units in 5537 Teversham Way is $0 currently.

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