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8725 Macedonia Lake Drive

8725 Macedonia Lake Drive, Cary, NC 27518
Property in Wake
Sold Oct 22, 2021
$435,000
$217,500 by Wells Fargo Bank Na
Mortgage Due Nov 01, 2036
Sold Feb 01, 2016
$287,000
$188,550 by Allen Tate Mortgage Services I
Mortgage Due Mar 01, 2046
Local assessors in Cary, NC have categorized 8725 Macedonia Lake Drive as a residential type of property. The home was built in 2010 and is 14 years old. The property's lot size has been calculated to be 2,614 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a townhouse 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 8725 Macedonia Lake Drive has a total of 2,280 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a full basement that is 432 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

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. 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, 8725 Macedonia Lake Drive sold most recently in Oct 21, 2021 for a total of $435,000. If you work out the math, that's approximately a cost of $190.79 per sqft. Before that, the property was also sold for $287,000 in Jan 21, 2016. 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 $3,060 in taxes each year. 8725 Macedonia Lake Drive was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $315,222. If we break it down further, the land itself was valued at $64,000. Improvements to the property, however, were assessed at a total of $251,222. The property's total market value has been marked the same as the total assessed value which is pretty typical. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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: 2010
  • Effective Year Built: 2010
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Style: Townhouse
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 432
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 2,614
  • Total Building Area: 2,280
  • Building Area: 2,280
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,280
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: CREEKSIDE AT TRYON VILLAGE
  • Land Acres: 0.06
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: LO10 CREEKSIDE AT TRYON VILLAGE BM2009-00047

Ownership

  • Current Owner : WANG ZHOU
  • Current Owner 2: WU YE
  • Previous Owner : HARPHAM BRENTON G
  • Previous Owner 2: BROOK JENNIFER L
  • Owner Before Previous Owner: MEDWAR ALBERT J
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 053003

Zoning

  • Zoning: RMFM

Geography

  • Account Number: 0376286
  • District: 18
  • Parcel: 0772.07-67-2794 0376286
  • Lot: 10
  • Municipality: SWIFT CREEK
  • Latitude: 35.7493
  • Longitude: -78.7429

    Address

  • Full Address: 8725 Macedonia Lake Dr
  • Address - House Number: 8725
  • Address - Street Name: Macedonia Lake
  • Address - Suffix Type: Dr
  • State: NC
  • City Name: Cary
  • Carrier Code: C033
  • 4-Digit Zip Code: 7191
  • Zip Code: 27518

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,060

    Appraisal Valuation

  • Standard Deviation: 0.1237
  • Valuation Date: Aug 31, 2022
  • Confidence Score: 86
  • Final Value: 530,185
  • High Value: 595,812
  • Low Value: 464,559

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $217,500
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Oct 22, 2021
  • First Open Lien Mortgage Loan Amount: $217,500
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2036

    Market Valuation

  • Market Total Value: $315,222
  • Market Land Value: $64,000
  • Market Improvement Value: $251,222

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $315,222
  • Assessed Land Value: $64,000
  • Assessed Improvements Value: $251,222

    Sales

  • Current Sale Contract Date: Oct 21, 2021
  • Current Sale Recording Date: Oct 22, 2021
  • Current Sale Transaction ID: 11864716912
  • Current Sale Price: $435,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Feb 01, 2016
  • Previous Sale Contract Date: Jan 21, 2016
  • Previous Sale Amount: $287,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Oct 22, 2021
  • First Mortgage Loan Amount: $217,500
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2036

    Previous Mortgages

  • Previous Mortgage Lender: ALLEN TATE MORTGAGE SERVICES I
  • Previous Mortgage Transaction Date: Feb 01, 2016
  • Previous Mortgage Loan Amount: $188,550
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Mar 01, 2046

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Frequently Asked Questions

What neighborhood is 8725 Macedonia Lake Drive located in?
The 8725 Macedonia Lake Drive is a located in the neighborhood of Wake in Cary, Cary.
What is the average sales price for listings in 8725 Macedonia Lake Drive?
The average sales price for units in 8725 Macedonia Lake Drive is $0 currently.

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