$500,000
SOLD APR 22, 2025
3 Beds
2 Baths
1,332 Sq Ft
0.3 Acres

Recently Sold

$375 Per Sq Ft

17% Below List Price

Highlights

  • Ranch Style House
  • 3-minute walk to Cary Station
  • Forced Air Heating and Cooling System
  • Weatherstone Elementary School Rated A
  • No HOA
  • 4-minute walk to Lexie Lane Park

About This Home

As of April 2025

Situated on a highly desirable .30-acre lot, this 3-bedroom, 2-bath brick ranch home presents a unique investment opportunity in the heart of downtown Cary. Combined asking is $1,200,000. With its prime location and the added bonus of an adjacent .30-acre lot—offering a total of .60 acres of land—this property is perfect for investors seeking to capitalize on Cary's ongoing growth and revitalization. There is potential to acquire an additional .84 acres across the street.-see flyer in documents. Located just a short walk from downtown Cary, this property offers easy access to the town's vibrant retail, dining, and entertainment districts, making it ideal for businesses or mixed-use development. Additionally, the opportunity exists to acquire an additional .84 acres directly across the street, further increasing the development potential of this prime downtown parcel. Whether you're looking to build retail, office space, or a combination of uses, this property provides an exceptional canvas for commercial growth in one of the fastest-growing and most desirable areas in the Triangle. See Cary Multi-Modal Transit Facility Plan in the Documents. Please ensure that lights are off, blinds are closed, and doors are securely closed and locked. Walkable to downtown Cary and 8 minutes drive from I-40. There is potential to assemble an additional .84 acres across the street. Being sold in conjunction with 316 Holloway St MLS # - 10071903. Don't miss your chance to secure a high-visibility location with immense development potential in a thriving, sought-after market. This is a rare opportunity to invest in the future of Cary.

Last Agent to Sell the Property

Jane Davis

DASH Carolina License #335631

DASH Carolina

Last Buyer's Agent

Anne Mason

Insight Real Estate License #299249

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,241

Year Built

  • Built in 1958

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • 1,332 Sq Ft Home
  • Laminate Flooring
  • Basement
  • Crawl Space

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • 4 Parking Spaces
  • 2 Carport Spaces
  • 2 Open Parking Spaces

Schools

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

Additional Features

  • 0.3 Acre Lot
  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 0764.18-21-9978.000

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,241

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Year Built: 1958
  • Prop. Type: Residential
  • Subdivision Name: Not in a Subdivision
  • Above Grade Finished Sq Ft: 1332.0
  • Architectural Style: Ranch
  • Carport Y N: Yes
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • General Property Information Basement YN: Yes
  • Architectural Style Ranch: Yes
  • Cooling Central Air: Yes
  • Levels One: Yes
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • Room Types Primary Bedroom Level: Main
  • Flooring Laminate: Yes
  • General Property Information Enhanced Accessible2: No
  • Roof:Shingle: Yes
  • General Property Information Above Grade Finished Area: 1332.0
  • General Property Information Carport YN: Yes
  • General Property Information Carport Spaces2: 2.0
  • General Property Information Lot Size Square Feet2: 13068.0
  • General Property Information Lot Size Acres: 0.3
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Flooring: Laminate
  • Basement: Crawl Space
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Total Bedrooms: 1
  • Basement:Crawl Space: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.3
  • Waterfront: No
  • Construction Type: Brick
  • Foundation Details: Other
  • Construction Materials:Brick: Yes

Garage/Parking

  • Open Parking Spaces: 2.0
  • Open Parking: Yes
  • Total Parking Spaces: 4.0
  • General Property Information:Parking Total: 4.0
  • General Property Information:Open Parking YN2: Yes
  • General Property Information:Open Parking Spaces2: 2.0

Utilities

  • Heating: Forced Air
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

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

Lot Info

  • Lot Size Sq Ft: 13068.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 0764.18-21-9978.000
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4241.0
  • Tax Year: 2024

MLS Schools

  • Elementary School: Wake - Weatherstone

Map

Range of Values:

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Average Value
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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

Property History

Date Event Price Change Sq Ft Price
04/22/2025 04/22/25 Sold $500,000 -16.7% $375 / Sq Ft
01/21/2025 01/21/25 Pending -- -- --
01/21/2025 01/21/25 For Sale $600,000 -- $450 / Sq Ft
Source: Doorify MLS

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 $3,577 $424,179 $325,000 $99,179
2023 $2,345 $232,083 $115,000 $117,083
2022 $2,258 $232,083 $115,000 $117,083
2021 $2,213 $232,083 $115,000 $117,083
2020 $2,225 $232,083 $115,000 $117,083
2019 $1,377 $126,711 $44,000 $82,711
2018 $1,293 $126,711 $44,000 $82,711
2017 $0 $126,711 $44,000 $82,711
2016 $1,224 $126,711 $44,000 $82,711
2015 -- $136,856 $54,000 $82,856
2014 -- $136,856 $54,000 $82,856
Source: Public Records

Deed History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Source: Public Records

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Source: Doorify MLS

MLS Number: 10071902

Doorify MLS

APN: 0764.18-21-9978-000