
408 Madison Ave Cary, NC 27513
South Cary NeighborhoodEstimated payment $6,957/month
Highlights
- Wood Flooring
- No HOA
- Cooling System Powered By Gas
- Weatherstone Elementary School Rated A
- 1 Car Attached Garage
- 3-minute walk to Lexie Lane Park
About This Home
Location! Location! Location! 0.37 Acres next to Downtown Cary! Minutes to Cary Downtown park, library, shoppings and restaurants. This property can be subdivided and has a lot of potential. Great opportunity for investors and builders. Don't miss your chance to secure a rare lot in one of Cary's most sought-after locations!
Listing Agent
Valerie-real-est Trustable-in Raleigh-Cary
Costello Real Estate & Investm License #347206

Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,105
Year Built
- Built in 1971
Lot Details
- 0.37 Acre Lot
Parking
- 1 Car Attached Garage
- 3 Open Parking Spaces
Home Design
- Raised Foundation
- Blown-In Insulation
- Batts Insulation
- Fiberglass Roof
- Asphalt Roof
- Shake Siding
- HardiePlank Type
- Lead Paint Disclosure
Interior Spaces
- 1,174 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- Wood Flooring
Schools
- Weatherstone Elementary School
- East Cary Middle School
- Cary High School
Utilities
- Cooling System Powered By Gas
- Heating System Uses Natural Gas
- Hot Water Heating System
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 0764.17-22-3054.000
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 | $3,105 | $367,915 | $205,000 | $162,915 |
2023 | $2,249 | $222,495 | $100,000 | $122,495 |
2022 | $2,166 | $222,495 | $100,000 | $122,495 |
2021 | $2,123 | $222,495 | $100,000 | $122,495 |
2020 | $2,134 | $222,495 | $100,000 | $122,495 |
2019 | $1,704 | $157,261 | $70,000 | $87,261 |
2018 | $1,600 | $157,261 | $70,000 | $87,261 |
2017 | $1,538 | $157,261 | $70,000 | $87,261 |
2016 | $1,515 | $157,261 | $70,000 | $87,261 |
2015 | $1,449 | $145,137 | $54,000 | $91,137 |
2014 | -- | $145,137 | $54,000 | $91,137 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
04/17/2025 04/17/25 | For Sale | $1,200,000 | -- | $1,022 / Sq Ft |
Deed History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Interfamily Deed Transfer | -- | -- | |
Interfamily Deed Transfer | -- | -- | |
Deed | $89,000 | -- |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Open | $130,000 | New Conventional | |
Closed | $50,000 | Credit Line Revolving | |
Closed | $107,201 | New Conventional | |
Closed | $110,890 | Unknown | |
Closed | $85,000 | Unknown | |
Closed | $30,000 | Credit Line Revolving | |
Closed | $83,845 | FHA | |
Closed | $25,000 | Credit Line Revolving |
Similar Home in Cary, NC
Source: Doorify MLS
MLS Number: 10089900

APN: 0764.17-22-3054-000
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