318 Ridgecrest Road, Unit 2

Closed 1/15/25
Closed 1/15/25
Duplex
Drone view
Downtown Cary
Cary Park
Cary Park
Cary Park
Cary Park
Living room
Kitchen
Bedroom
Bathroom
Living Room 2
Living Room
Bedroom
Bedroom
Sold
Last Sold Price
$650,000
4 beds1,833 sqft

318 Ridgecrest Rd, Unit 2, Cary, NC 27511

Multi FamilyProperty Type
0.25 acresLot Size
1984Year Built
$355/sq ftPrice per sq ft
6 carsParking Spaces

Description

This well-maintained property is in a prime location, making it an ideal investment opportunity! This duplex offers two bedrooms and one bath in each unit. Both units are currently rented. Additionally, the surrounding area offers a plethora of amenities, including dining options, shopping, breweries, a dog park, and convenient access to public transportation. Don't miss out on this amazing investment opportunity in close proximity to Downtown Cary.This well-maintained property is in a prime location, making it an ideal investment opportunity! This duplex offers two bedrooms and one bath in each unit. Both units are currently rented. Additionally, the surrounding area offers a plethora of amenities, including dining options, shopping, breweries, a dog park, and convenient access to public transportation. Don't miss out on this amazing investment opportunity in close proximity to Downtown Cary.
  • Listed by: Cristal R Lavoie 401.487.5333 clavoie@fmrealty.com Brokerage DRE #C6190 • Long & Foster Real Estate INC/Cary
Listing closed: 01/15/2025 12:00 AM • Source: Doorify MLS (fka Triangle MLS), MLS#: 10067099
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Recent comparable sales

Median sold price

$580,000

Avg days on market

43

Sale-to-list ratio

98.5%

Cary, NC

9 comparable properties found

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Location

Listing Courtesy of Long & Foster Real Estate INC/Cary

Sold By Keller Williams Elite Realty

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$3,881 per month

30 year fixed, 7.03% Interest

Principal and Interest

$3,470

Property Taxes

$411

HOA Dues

$0

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Property Information for 318 Ridgecrest Road, Unit 2

Property Details

  • Taxes: $4,935 / year
  • MLS Type: Residential Income / Duplex
  • County: Wake County
  • Subdivision: Montclair

Building Information

  • Year Built: 1984
  • Lot Size: 0.25 AC / 10,890 SF

Summary

Location and General Information
  • Subdivision Name: Montclair
  • Latitude: 35.784635
  • Longitude: -78.786862
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
Taxes and HOA Information
  • Tax Annual Amount: $4,935.16
  • City Limits Of: Cary
  • Has City Limits: Yes
  • Lot Number: 69
  • Has Restrictive Covenants: No
Contract Information
  • Has Comp Sale: No
  • Lease Expiration Date: 2025-06-30
  • Original MLS: Triangle MLS Inc
  • Has Property Leased: Yes
  • Due Diligence Expiration Date: 2024-12-31
School Information
  • Elementary School: Wake - Cary Elementary
  • Middle Or Junior School: Wake - East Cary Middle
  • High School: Wake - Cary High
Parking
  • Open Parking Spaces: 6.0
  • Open Parking: Yes
  • Parking Features: Asphalt, Off Street, Paved
  • Carport: No
  • Garage: No

Property

Lot Information
  • Building Area Total: 1833.0
  • Lot Features: Back Yard, Few Trees, Front Yard, Landscaped
  • Total Other Area Sq Ft: 0.0
  • Parcel Number: 0764.18-30-2517.000
  • Structure Type: Duplex
  • Sold PriceList Price: 1.03
Property and Assessments
  • New Construction: No
  • Senior Community: No
Utilities
  • Sewer: Public Sewer
  • Water Source: Public

Interior and Exterior Features

Exterior Features
  • Association Amenities: None
  • Construction Materials: Brick Veneer
  • Exterior Features: Rain Gutters, Storage, Fenced Yard
  • Fencing: Back Yard
  • Foundation Details: Brick/Mortar
  • Patio And Porch Features: Covered, Deck
  • Roof: Shingle
  • New Construction Type: Duplex, Brick Veneer
Interior Features
  • Levels: One
  • Basement Description: Crawl Space
  • Has Fireplace: No
  • Flooring: Carpet, Linoleum
  • Door Features: Sliding Doors
  • Cooling: Central Air, Ceiling Fan(s)
  • Has Cooling: Yes
  • Heating: Natural Gas
  • Has Heating: Yes
  • Appliances: Disposal, Dishwasher, Electric Range, Free-Standing Refrigerator
  • Laundry Features: Laundry Closet
  • Interior Features: Ceiling Fan(s), High Speed Internet, Laminate Counters, Bathtub/Shower Combination
  • Spa: No

Unit Information

Unit 1
  • Baths Total: 1.0
  • Beds Total: 2.0
  • Levels: One
  • Has Garage Attached: No
  • Features: Deck, Dishwasher, Disposal, Kitchen, Living Room, Porch, Range, Refrigerator, Storage, Washer/Dryer Hookups
Unit 2
  • Baths Total: 1.0
  • Beds Total: 2.0
  • Levels: One
  • Has Garage Attached: No
Unit 3
  • Units Total: 2
Unit 4
  • Units Total: 2

Rental

Rental Information
  • Lease Term: 12 Months
  • TenantPays: All Utilities

Property History for 318 Ridgecrest Road, Unit 2

DateEvent & SourcePriceAppreciation
Jan 15, 2025

Sold

Doorify MLS (fka Triangle MLS) #10067099

$650,000—
Dec 18, 2024

Pending

Doorify MLS (fka Triangle MLS) #10067099

—
Dec 13, 2024

Listed (Active)

Doorify MLS (fka Triangle MLS) #10067099

$629,000—
DateEvent & SourcePrice
01/15/2025

Sold

Doorify MLS (fka Triangle MLS) #10067099

$650,000
12/18/2024

Pending

Doorify MLS (fka Triangle MLS) #10067099

—
12/13/2024

Listed (Active)

Doorify MLS (fka Triangle MLS) #10067099

$629,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Schools near 318 Ridgecrest Road, Unit 2

This home is within Wake County School District.
Rating
School
Type
Grades
Distance
Cary Elementary
Public - PK to 5
East Cary Middle School
Public - 6 to 8
Cary High
Public - 9 to 12
Connections Academy
Public - 6 to 8
Rating
School
Distance
Cary Elementary
PublicPK to 5

East Cary Middle School
Public6 to 8

Cary High
Public9 to 12

Connections Academy
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 318 Ridgecrest Road, Unit 2, Cary, NC 27511
$650,000
4
1,833
10,890
318 Ridgecrest Road, Cary, NC 27511
$650,000
–
3
1,850
10,890
324 Willow Street, Cary, NC 27511
$108,000
–
1
784
9,148
311 West Park Street, Cary, NC 27511
$134,000
–
1
1,151
18,731
313 Ridgecrest Road, Cary, NC 27511
$550,000
4
2,379
5,662
315 West Park Street, Cary, NC 27511
–
–
1
1,080
9,583

Explore Nearby Homes

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Listing Courtesy of Long & Foster Real Estate INC/Cary

Listings marked with a Doorify MLS icon are provided courtesy of the Doorify MLS, of North Carolina, Internet Data Exchange Database. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers' personal, non-commercial use. Copyright 2024 Doorify MLS of North Carolina. All rights reserved.