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8715 Chapel Hill Road

8715 Chapel Hill Road, Cary, NC 27513
Property in Wake
Sold Mar 21, 2018
$420,000
Sold Apr 02, 2003
$195,000
$156,000 by Paragon Commercial Bank
Mortgage Due Apr 05, 2008
8715 Chapel Hill Road in Cary, NC was first built in 1980 and is 44 years old. Although, the building on the property was most recently renovated and altered in 1985. 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. 8715 Chapel Hill Road has 3,132 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 17,860 square feet.

Learn more about the property and building on this page. The home has a gable 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 frame control joints. The condition of the building has been evaluated as good. 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. 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, 8715 Chapel Hill Road was last sold in Mar 12, 2018 for $420,000. According to our calculations, that's $134.10 per sqft. Prior to that sales transaction, the property was sold for $195,000 in Apr 1, 2003. Current property owners are expected to pay $3,458 in taxes per year. The property on 8715 Chapel Hill Road was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $339,141. To break that down further, the land itself was valued at $97,750. While improvements to the property were assessed at a total of $241,391. 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. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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: 1980
  • Effective Year Built: 1985
  • Total Rooms: 11
  • Bedroom Count: 0
  • Bathroom Plumbing Fixtures: 16
  • Building Condition: Good
  • Construction Type: Frame
  • Building Style: Conventional
  • Exterior Walls Type: Brick
  • Roof Shape Type: Gable
  • Floor Count: 2
  • Living Units: 3
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 17,860
  • Total Building Area: 3,132
  • Building Area: 3,132
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 3,132
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: HOWARD WHITE PROPERTY CARY
  • Land Acres: 0.41
  • Standard Land Use Code: Triplex (3 units, any combination)
  • Legal Description 1: LO1 DURHAM HWY LTS 66 BLD67 UN68

Ownership

  • Current Owner : HENEGHAN MARC
  • Current Owner 2: KELAITA SARAH
  • Previous Owner : LUKRI INVESTMENTS LLC
  • Owner Before Previous Owner: ABERNATHY BILLY R
  • Owner Before Previous Owner 2: ABERNATHY CAROLYN M
  • Vacant Flag: Address Standardization Based
  • Vacant Flag Date: Feb 10, 2024

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 053513

Zoning

  • Zoning: RMFP

Geography

  • Account Number: 0018592
  • District: 04
  • Parcel: 0764.14-23-7379 0018592
  • Lot: 1,66
  • Municipality: CARY
  • Latitude: 35.7924
  • Longitude: -78.7882

    Address

  • Full Address: 8715 Chapel Hill Rd
  • Legal Unit: 68
  • Address - House Number: 8715
  • Address - Street Name: Chapel Hill
  • Address - Suffix Type: Rd
  • State: NC
  • City Name: Cary
  • Carrier Code: C003
  • 4-Digit Zip Code: 3721
  • Zip Code: 27513

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,458

    Appraisal Valuation

  • Standard Deviation: 0.1137
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 88
  • Final Value: 635,559
  • High Value: 707,829
  • Low Value: 563,288

    Market Valuation

  • Market Total Value: $339,141
  • Market Land Value: $97,750
  • Market Improvement Value: $241,391

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $339,141
  • Assessed Land Value: $97,750
  • Assessed Improvements Value: $241,391

    Sales

  • Current Sale Contract Date: Mar 12, 2018
  • Current Sale Recording Date: Mar 21, 2018
  • Current Sale Transaction ID: 11437052622
  • Current Sale Price: $420,000
  • Current Sale Document Type: Special Warranty Deed
  • Previous Sale Recording Date: Apr 02, 2003
  • Previous Sale Contract Date: Apr 01, 2003
  • Previous Sale Amount: $195,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FINANCE OF AMERICA MORTGAGE LL
  • First Mortgage Transaction Date: Mar 21, 2018
  • First Mortgage Loan Amount: $315,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2048

    Previous Mortgages

  • Previous Mortgage Lender: PARAGON COMMERCIAL BANK
  • Previous Mortgage Transaction Date: Apr 02, 2003
  • Previous Mortgage Loan Amount: $156,000
  • Previous Mortgage Term: 60
  • Previous Mortgage Loan Due Date: Apr 05, 2008

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Frequently Asked Questions

What neighborhood is 8715 Chapel Hill Road located in?
The 8715 Chapel Hill Road is a located in the neighborhood of Wake in Cary, Cary.
What is the average sales price for listings in 8715 Chapel Hill Road?
The average sales price for units in 8715 Chapel Hill Road is $0 currently.

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