1219 Walnut St Cary, NC 27511
Cary Towne Center NeighborhoodEstimated payment $9,352/month
Highlights
- Partially Wooded Lot
- Adams Elementary Rated A-
- No HOA
About This Lot
A great opportunity to develop a 1.30-acre lot in the heart of Cary, NC. Two lots combined. Centrally located on Walnut Street, this prime property offers excellent visibility and accessibility. Ideal for office buildings, up to 5,000 Sqft or a 10 to 12 unit townhome development. Currently conversion zoning within corridor transition district. Possible to rezone to infill or redevelopment zoning to allow for multiple family residential use based on communication with Town of Cary Planning Department.
Key Highlights:
• Zoning & Potential: commercial or residential development.
• Location: High-traffic area, close to Fenton, Crossroads and Downtown Cary shopping, dining; major highways
• Desirable Area: Central location, great access to all Triangle Area. Very desirable for commercial tenants or home buyers.
• Accessibility: Easy commute to all Triangle via I-40, US-1.
Property Details
Property Type
- Land
Est. Annual Taxes
- $5,266
Year Built
- 1959
Lot Details
- 1.3 Acre Lot
- Partially Wooded Lot
Schools
- Adams Elementary School
- East Cary Middle School
- Cary High School
Utilities
- Natural Gas Connected
- Cable TV Available
Community Details
- No Home Owners Association
Map
Home Values in the Area
Average Home Value in this Area
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 | $5,266 | $627,998 | $446,398 | $181,600 |
| 2023 | $4,984 | $497,423 | $357,118 | $140,305 |
| 2022 | $4,798 | $497,423 | $357,118 | $140,305 |
| 2021 | $4,701 | $497,423 | $357,118 | $140,305 |
| 2020 | $4,726 | $497,423 | $357,118 | $140,305 |
| 2019 | $2,800 | $424,688 | $312,479 | $112,209 |
| 2018 | $4,266 | $424,688 | $312,479 | $112,209 |
| 2017 | $4,098 | $424,688 | $312,479 | $112,209 |
| 2016 | $4,037 | $424,688 | $312,479 | $112,209 |
| 2015 | $4,217 | $428,289 | $311,015 | $117,274 |
| 2014 | $3,975 | $428,289 | $311,015 | $117,274 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/27/2025 03/27/25 | Price Changed | $1,600,000 | +23.1% | -- |
| 03/06/2025 03/06/25 | For Sale | $1,300,000 | -- | -- |
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $675,000 | Bagwell Holt Smith Pa | |
| Warranty Deed | $360,000 | None Available | |
| Warranty Deed | $219,000 | -- | |
| Warranty Deed | $166,500 | -- | |
| Warranty Deed | $175,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $676,000 | Credit Line Revolving | |
| Previous Owner | $350,000 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $405,000 | Unknown | |
| Previous Owner | $175,200 | Commercial | |
| Previous Owner | $190,500 | Commercial | |
| Previous Owner | $140,000 | Commercial | |
| Closed | $14,000 | No Value Available |
Source: Doorify MLS
MLS Number: 10080509
APN: 0773.13-14-7564-000
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