NOT LISTED FOR SALE

127 Madison Square Ln Cary, NC 27513

South Cary Neighborhood

Estimated Value: $449,000 - $463,633

3 Beds
3.5 Baths
2,088 Sq Ft
$217/Sq Ft Est. Value

Last Sold December 30, 2024

Last sale price $446,000 $214 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $3,027/month

22 Days on Market

Highlights

  • Two Primary Bedrooms
  • Open Floorplan
  • Traditional Architecture
  • Weatherstone Elementary School Rated A
  • Deck
  • 5-minute walk to Lexie Lane Park

About This Home

As of December 2024

Charming End Unit Townhome in Townes of Madison - Freshly Painted, Investor-Friendly, and Prime Location with Ample Storage! Welcome to this beautifully updated 3-story end-unit townhome in the highly desirable Townes of Madison community in Cary. Offering 2,088 sq ft of well-designed living space, this home features 3 bedrooms and 3.5 bathrooms, ideal for comfortable and flexible living. Built in 2006 and recently professionally painted, the home feels fresh and modern throughout.The main level boasts a spacious living area that flows seamlessly into a well-appointed kitchen, featuring ample cabinetry, a generous pantry, and direct access to a private deck—perfect for outdoor dining or relaxing. The lower level includes a versatile bedroom with a full bathroom, perfect for guests or a home office, along with additional storage space.Upstairs on the third level, you'll find two large primary suites, each complete with spacious, custom closets designed for maximum storage, providing plenty of hanging space and shelving to keep everything organized and tidy. Storage is a theme throughout this home, from large closets to a thoughtfully designed kitchen pantry.This meticulously cared-for townhome also includes a new HVAC system installed in 2017, a new hot water heater in 2022, and a one-car garage with extra storage capacity. Residents enjoy a welcoming community with well-kept common areas.Investors take note—there is currently no rental cap in this community, making this a prime opportunity for those looking to invest in a rental property.Enjoy the unbeatable location within walking distance of downtown Cary, where you can explore a wide variety of restaurants, shops, and the newly developed Downtown Cary Park. Whether you're dining out, relaxing in the park, or attending local events, everything is just a short stroll away, offering the perfect blend of suburban charm and urban convenience. This home's abundant storage and ideal location make it an exceptional choice for investors and homeowners alike!

Last Listed By

Cecelia Saylor

Choice Residential Real Estate License #327206 Listed on: 10/25/2024

Choice Residential Real Estate

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,672

Year Built

  • Built in 2006

Lot Details

  • 1,742 Sq Ft Lot
  • End Unit
  • No Units Located Below
  • No Unit Above or Below
  • 1 Common Wall

HOA Fees

  • $189 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Additional Parking
  • 1 Open Parking Space

Home Design

  • Traditional Architecture
  • Brick Veneer
  • Slab Foundation
  • Architectural Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,088 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Crown Molding
  • Smooth Ceilings
  • High Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Screen For Fireplace
  • Fireplace Features Blower Fan
  • Gas Log Fireplace
  • Entrance Foyer
  • Family Room with Fireplace
  • Combination Kitchen and Dining Room
  • Storage
  • Scuttle Attic Hole
  • Security System Owned

Kitchen

  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Free-Standing Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Double Master Bedroom
  • Walk-In Closet
  • Double Vanity
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on lower level
  • Sink Near Laundry
  • Washer and Electric Dryer Hookup

Outdoor Features

  • Deck

Schools

  • Wake County Schools Elementary And Middle School
  • Wake County Schools High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Electric Water Heater
  • Community Sewer or Septic
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 0764213688

Community Details

Overview

  • Association fees include insurance, ground maintenance
  • Ppm Townes Of Madison Association, Phone Number (919) 848-4911
  • Townes Of Madison Subdivision
  • Maintained Community

Security

  • Resident Manager or Management On Site

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,672

Year Built

Built in 2006

Lot Details

0

HOA Fees

$189 per month

Parking

1

Listing Details

  • Year Built: 2006
  • Prop. Type: Residential
  • Road Surface Type: Asphalt
  • Reso Association Fee Includes: Insurance, Maintenance Grounds
  • Subdivision Name: Townes of Madison
  • Above Grade Finished Sq Ft: 2088.0
  • Architectural Style: Traditional
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • New Construction: No
  • Contract Information Ownership Type: Townhouse
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: Yes
  • Appliances Microwave: Yes
  • Cooling Central Air: Yes
  • Flooring Luxury Vinyl: Yes
  • Foundation Details Slab: Yes
  • Interior Features BathtubShower Combination: Yes
  • Interior Features KitchenDining Room Combination: Yes
  • Flooring Carpet: Yes
  • Flooring Hardwood: Yes
  • Interior Features Smooth Ceilings: Yes
  • Room Types Bedroom 2 Level: Upper
  • Room Types Bedroom 3 Level: Lower
  • Room Types Dining Room2: Yes
  • Room Types Family Room2: Yes
  • Architectural Style Traditional: Yes
  • Room Types Primary Bedroom Level: Upper
  • Laundry Features Electric Dryer Hookup: Yes
  • Appliances Refrigerators: Yes
  • Utilities Cable Available: Yes
  • General Property Information Association Phone: 919-848-4911
  • General Property Information Senior Community YN: No
  • Attic Features Scuttle: Yes
  • Fireplace Features Fireplace Screen: Yes
  • Common Walls End Unit: Yes
  • Levels Three Or More: Yes
  • Water Source Community Water: Yes
  • General Property Information Enhanced Accessible2: No
  • Interior Features Second Primary Bedroom: Yes
  • Sewer Community Sewer: Yes
  • Utilities Electricity Available: Yes
  • Utilities Natural Gas Available: Yes
  • Utilities Water Available: Yes
  • General Property Information Monthly Association Fees2: 189.0
  • Utilities Water Connected: Yes
  • General Property Information Spa YN: No
  • Common Walls No One Above: Yes
  • Common Walls No One Below: Yes
  • General Property Information Above Grade Finished Area: 2088.0
  • General Property Information Carport YN: No
  • Room Types Primary Bathroom Level: Upper
  • Cooling Ceiling Fan(s): Yes
  • Laundry Features Washer Hookup: Yes
  • Utilities Electricity Connected: Yes
  • Utilities Sewer Available: Yes
  • Utilities Sewer Connected: Yes
  • Room Types Laundry2: Yes
  • Structure Type Townhouse: Yes
  • Roof Architectural Shingle: Yes
  • Utilities Natural Gas Connected: Yes
  • Laundry Features Lower Level: Yes
  • Laundry Features Sink: Yes
  • General Property Information Lot Size Square Feet2: 1742.0
  • General Property Information Lot Size Acres: 0.04
  • Security Features Security System Owned: Yes
  • General Property Information Stories2: 2
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2

Interior Features

  • Flooring: Carpet, Hardwood, Luxury Vinyl
  • Interior Amenities: Bathtub/Shower Combination, Ceiling Fan(s), Crown Molding, Double Vanity, Eat-in Kitchen, Entrance Foyer, Granite Counters, High Ceilings, High Speed Internet, Kitchen Island, Kitchen/Dining Room Combination, Open Floorplan, Pantry, Recessed Lighting, Second Primary Bedroom, Smooth Ceilings, Storage, Walk-In Closet(s), Walk-In Shower
  • Private Spa: No
  • Appliances: Dishwasher, Disposal, Electric Water Heater, Exhaust Fan, Free-Standing Electric Range, Ice Maker, Microwave, Refrigerator, Self Cleaning Oven, Stainless Steel Appliance(s)
  • Basement YN: No
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Blower Fan, Family Room, Fireplace Screen, Gas, Gas Log
  • Fireplaces: 1
  • Main Level Bathrooms: 1
  • Total Bedrooms: 11
  • Stories: 2
  • Appliances Dishwasher: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Interior Features:Double Vanity: Yes
  • Interior Features:Entrance Foyer: Yes
  • Interior Features:Granite Counters: Yes
  • Interior Features:High Ceilings: Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Walk-In Shower: Yes
  • Community Features:Street Lights: Yes
  • Fireplace Features:Family Room: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Interior Features:Storage3: Yes
  • Appliances:Electric Water Heater: Yes
  • Fireplace Features:Gas Log: Yes
  • Appliances:Self Cleaning Oven: Yes
  • Fireplace Features:Gas4: Yes
  • Interior Features:High Speed Internet: Yes
  • Appliances:Stainless Steel Appliance(s): Yes
  • Community Features:Sidewalks: Yes
  • Fireplace Features:Fireplaces Total: 1
  • Fireplace Features:Blower Fan: Yes
  • Appliances:Free-Standing Electric Range: Yes
  • Appliances:Ice Maker: Yes
  • Interior Features:Crown Molding: Yes
  • Interior Features:Kitchen Island: Yes
  • Interior Features:Open Floorplan: Yes
  • Appliances:Exhaust Fan: Yes
  • Interior Features:Recessed Lighting: Yes

Exterior Features

  • Roof: Architectural Shingle
  • Acres: 0.04
  • Waterfront: No
  • Disclosures: Seller Disclosure
  • Home Warranty: No
  • Common Walls: 1 Common Wall, End Unit, No One Above, No One Below
  • Construction Type: Brick Veneer, Vinyl Siding
  • Foundation Details: Slab
  • Patio And Porch Features: Deck
  • Construction Materials:Vinyl Siding: Yes
  • Patio And Porch Features:Deck2: Yes
  • Construction Materials:Brick Veneer: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Open Parking Spaces: 1.0
  • Open Parking: Yes
  • Parking Features: Additional Parking
  • Total Parking Spaces: 2.0
  • General Property Information:Garage Spaces: 1.0
  • Parking Features:Additional Parking: Yes
  • General Property Information:Attached Garage YN: Yes
  • General Property Information:Parking Total: 2.0
  • General Property Information:Open Parking YN2: Yes
  • General Property Information:Open Parking Spaces2: 1.0

Utilities

  • Utilities: Cable Available, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Available, Sewer Connected, Water Available, Water Connected
  • Heating: Central, Forced Air, Natural Gas
  • Cooling: Ceiling Fan(s), Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Community Water
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes
  • Heating:Central: Yes

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights
  • Senior Community: No
  • Association Fee: 189.0
  • Association Fee Frequency: Monthly
  • Association Name: PPM - Townes of Madison
  • Phone: 919-848-4911
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: PPM - Townes of Madison
  • Association Fee Includes:Maintenance Grounds2: Yes
  • Association Fee Includes:Insurance2: Yes
  • Association Amenities:Maintenance Grounds: Yes
  • Association Amenities:Insurance: Yes
  • Association Amenities:Landscaping: Yes
  • Association Amenities:Management: Yes
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 189.0
  • General Property Information:Association Fee Frequency: Monthly

Schools

  • Ninth Grade High School: Wake County Schools
  • Middle Or Junior School: Wake County Schools

Lot Info

  • Lot Size Sq Ft: 1742.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 0764213688
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3671.67
  • Tax Year: 2024
  • Tax Map Number: 20

MLS Schools

  • Elementary School: Wake County Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 25, 2024
Closed on
Dec 20, 2024
Sold by
Vicky Hill Brown Living Trust and Brown Vicky Hill
Bought by
Denning Leah Nicole
Seller's Agent
Cecelia Saylor
Choice Residential Real Estate
Buyer's Agent
Crystal Blanton
Keller Williams Legacy
List Price
$461,900
Sold Price
$446,000
Premium/Discount to List
-$15,900
-3.44%
Total Days on Market
22
Views
99
Current Estimated Value
$453,658

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,658
Avg. Annual Appreciation
5.46%
Original Mortgage
$356,800
Outstanding Balance
$356,495
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$97,163

Purchase Details

Closed on
Jun 16, 2022
Sold by
Hill Brown Vicky
Bought by
Vicky Hill Brown Living Trust

Purchase Details

Closed on
Jan 31, 2006
Sold by
The Drees Co
Bought by
Wallace Van J and Wallace Peggy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,470
Interest Rate
6.25%
Mortgage Type
Fannie Mae Freddie Mac

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Denning Leah Nicole $446,000 None Listed On Document
Vicky Hill Brown Living Trust -- None Listed On Document
Wallace Van J $199,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Denning Leah Nicole $356,800
Previous Owner Wallace Van J $144,392
Previous Owner Wallace Van J $159,470
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/30/2024 12/30/24 Sold $446,000 -2.9% $214 / Sq Ft
11/16/2024 11/16/24 Pending -- -- --
10/31/2024 10/31/24 Price Changed $459,500 -0.5% $220 / Sq Ft
10/25/2024 10/25/24 For Sale $461,900 -- $221 / Sq Ft
Source: Doorify MLS

Tax History Compared to Growth

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 $3,672 $435,593 $125,000 $310,593
2023 $2,659 $263,366 $60,000 $203,366
2022 $2,560 $263,366 $60,000 $203,366
2021 $2,509 $263,366 $60,000 $203,366
2020 $2,522 $263,366 $60,000 $203,366
2019 $2,101 $194,368 $38,000 $156,368
2018 $1,972 $194,368 $38,000 $156,368
2017 $1,896 $194,368 $38,000 $156,368
2016 $1,867 $194,368 $38,000 $156,368
2015 $1,976 $198,696 $36,000 $162,696
2014 -- $198,696 $36,000 $162,696
Source: Public Records

Agents Affiliated with this Home

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Source: Doorify MLS

MLS Number: 10060255

Doorify MLS

APN: 0764.17-21-3688-000