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8829 Chapel Hill Road

8829 Chapel Hill Road, Cary, NC 27513
Property in Wake
Sold Jan 05, 2015
$220,000
$165,000 by North State Bank
Mortgage Due Feb 01, 2045
8829 Chapel Hill Road in Cary, NC was first built in 1986 and is 38 years old. 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. 8829 Chapel Hill Road has 3,933 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 13,939 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 average. 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. 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, 8829 Chapel Hill Road sold most recently in Jan 5, 2015 for a total of $220,000. If you work out the math, that's approximately a cost of $55.94 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 $3,600 in taxes each year. 8829 Chapel Hill Road was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $367,071. If we break it down further, the land itself was valued at $98,000. Improvements to the property, however, were assessed at a total of $269,071. 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: 1986
  • Effective Year Built: 1986
  • Total Rooms: 6
  • Bedroom Count: 0
  • Bathroom Plumbing Fixtures: 22
  • Building Condition: Average
  • Construction Type: Frame
  • Building Style: Conventional
  • 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: 13,939
  • Total Building Area: 3,933
  • Building Area: 3,933
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 3,933
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: PROPERTY DOUGLAS & LAWRENCE WA
  • Land Acres: 0.32
  • Standard Land Use Code: Triplex (3 units, any combination)
  • Legal Description 1: LO3 DOUGLAS & LAWRENCE WARD BM1986-160

Ownership

  • Current Owner : LI XING
  • Current Owner 2: FANG SHIJING
  • Previous Owner : BURKE STEPHEN F
  • Previous Owner 2: BURKE ANNE T

Neighborhood

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

Zoning

  • Zoning: TR

Geography

  • Account Number: 0156741
  • District: 04
  • Parcel: 0764.13-23-2668 0156741
  • Lot: 3
  • Municipality: CARY
  • Latitude: 35.7932
  • Longitude: -78.7901

    Address

  • Full Address: 8829 Chapel Hill Rd
  • Address - House Number: 8829
  • Address - Street Name: Chapel Hill
  • Address - Suffix Type: Rd
  • State: NC
  • City Name: Cary
  • Carrier Code: C003
  • 4-Digit Zip Code: 3742
  • Zip Code: 27513

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,600

    Appraisal Valuation

  • Standard Deviation: 0.0968
  • Valuation Date: Aug 31, 2022
  • Confidence Score: 91
  • Final Value: 631,487
  • High Value: 692,672
  • Low Value: 570,301

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $165,000
  • First Open Lien Mortgage Lender: NORTH STATE BANK
  • First Open Lien Mortgage Recording Date: Jan 05, 2015
  • First Open Lien Mortgage Loan Amount: $165,000
  • 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, 2045

    Market Valuation

  • Market Total Value: $367,071
  • Market Land Value: $98,000
  • Market Improvement Value: $269,071

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $367,071
  • Assessed Land Value: $98,000
  • Assessed Improvements Value: $269,071

    Sales

  • Current Sale Contract Date: Jan 05, 2015
  • Current Sale Recording Date: Jan 05, 2015
  • Current Sale Transaction ID: 1132465581
  • Current Sale Price: $220,000
  • Current Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: NORTH STATE BANK
  • First Mortgage Transaction Date: Jan 05, 2015
  • First Mortgage Loan Amount: $165,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 01, 2045

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Frequently Asked Questions

What neighborhood is 8829 Chapel Hill Road located in?
The 8829 Chapel Hill Road is a located in the neighborhood of Wake in Cary, Cary.
What is the average sales price for listings in 8829 Chapel Hill Road?
The average sales price for units in 8829 Chapel Hill Road is $0 currently.

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