$1,500,000

111 Forest Green Dr Cary, NC 27511

South Cary Neighborhood

Estimated payment $8,615/month

Total Views 3,943
0.93 Acre
$1,612,903 Price per Acre
40,511 Sq Ft Lot

About This Lot

WELCOME TO YOUR OPPORTUNITY FOR A DOWNTOWN CARY LIFESTYLE - CUSTOM HOME LOT(S)!* TWO ADJOINING .5ACRE HOMESITES ENTITLED & READYING FOR REDEVELOPMENT THAT ARE JUST A FIVE MIN WALK TO CARY DOWNTOWN PARK! THIS SITE OFFERS AN OPPORTUNITY TO HAVE ONE (OR TWO) BUYERS ENGAGE WITH THE SELLER IN THIS PRE-DEVELOPMENT PHASE TO PURCHASE THE LOT(S) AND ASSUME NEXT STEPS.

WORK TO BE COMPLETED IN THE COMING WEEKS INCLUDES DEMO, GRADING, CLEARING & RELOCATION OF STORM WATER SYSTEM PIPE TO CREATE TWO BUILD SITES & SPLIT THE LOT INTO TWO SEPARATE LOTS. ONCE THIS WORK IS COMPLETE, EACH LOT WILL BE LISTED SEPARATELY IN MLS.

CUSTOM BUILDER PARTNER IS AVAILABLE TO SCHEDULE A CONFIDENTIAL CONVERSATION UPON REQUEST! LISTING AGENT & SELLER ARE WORKING THROUGH THE DEVELOPMENT STEPS NOW, SO THIS IS A LIMITED OPPORTUNITY BEFORE EACH LOT IS OFFERED SEPARATELY.

Listing Agent

Keith Bliss

LPT Realty, LLC License #206741

LPT Realty, LLC

Co-Listing Agent

Gioia Bliss

LPT Realty, LLC License #207532

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,105

Year Built

  • 1986

Lot Details

  • 0.93 Acre Lot
  • Cleared Lot
  • Building or Site Plan Approved
  • Property is zoned TCLDR

Schools

  • Cary Elementary School
  • East Cary Middle School
  • Cary High School

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 0763684937

Property Details

Property Type

Land

Est. Annual Taxes

$3,105

Year Built

1986

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Road Frontage Type: 2 Lane Road, Public Road
  • Road Surface Type: Gravel, Unimproved
  • Co List Office Mls Id: 81698
  • Co List Office Phone: 919-467-0707
  • Subdivision Name: Not in a Subdivision
  • General Property Information Lot Size Dimensions: SEE SUBDIVISION PLAT
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • Utilities Water Connected: Yes
  • Vegetation Cleared2: Yes
  • Utilities Sewer Connected: Yes
  • Road Surface Type Gravel2: Yes
  • General Property Information Lot Size Square Feet2: 40510.8
  • General Property Information Lot Size Acres: 0.93
  • Development Status Site Plan Approved: Yes
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built: 1986

Exterior Features

  • Acres: 0.93

Utilities

  • Utilities: Sewer Connected, Water Connected
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Association Amenities:None: Yes
  • General Property Information:Association YN: No

Schools

  • Ninth Grade High School: Wake - Cary
  • Middle Or Junior School: Wake - East Cary

Lot Info

  • Zoning: TCLDR
  • Current Use: Vacant
  • Development Status: Site Plan Approved, Under Construction
  • Lot Dimensions: SEE SUBDIVISION PLAT
  • Lot Size Sq Ft: 40510.8
  • ResoLotSizeUnits: Acres
  • Parcel #: 0763684937
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3105.0
  • Tax Year: 2024

MLS Schools

  • Elementary School: Wake - Cary

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,997 $355,007 $224,000 $131,007
2023 $2,028 $200,397 $112,000 $88,397
2022 $1,953 $200,397 $112,000 $88,397
2021 $1,914 $200,397 $112,000 $88,397
2020 $1,924 $200,397 $112,000 $88,397
2019 $1,815 $167,671 $90,000 $77,671
2018 $1,704 $167,671 $90,000 $77,671
2017 $1,638 $167,671 $90,000 $77,671
2016 $1,614 $167,671 $90,000 $77,671
2015 $1,746 $175,281 $96,000 $79,281
2014 $1,647 $175,281 $96,000 $79,281
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/21/2025 03/21/25 For Sale $1,500,000 -- --
Source: Doorify MLS

Deed History

Date Type Sale Price Title Company
Warranty Deed $285,000 None Listed On Document
Interfamily Deed Transfer -- None Available
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Deed $1,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $306,000 Credit Line Revolving
Previous Owner $0 Negative Amortization
Previous Owner $27,269 FHA
Previous Owner $112,942 FHA
Previous Owner $92,500 Balloon
Previous Owner $79,500 Unknown
Previous Owner $51,000 Unknown
Source: Public Records

Similar Property in Cary, NC

  • 315 Holloway St, Cary, NC 27513

    $1,200,000

    • Land
    • 0.84 Acre
    • $1,428,571 per Acre
    • 315 Holloway St
    • Cary, NC

    Rare townhome/condo development opportunity in downtown Cary.This is an Entry Only listing. Please contact Harrison Benson at (919)605-9420 for information concerning this listing.

    Julie Bowling Falls Real Estate Ventures Inc

    Section Image

Source: Doorify MLS

MLS Number: 10083785

Doorify MLS

APN: 0763.07-68-4937-000