503-519 Sorrell St Cary, NC 27513
North Cary NeighborhoodEstimated payment $18,083/month
Total Views
307,506
2.17
Acres
$1,428,571
Price per Acre
94,525
Sq Ft Lot
Highlights
- 2.17 Acre Lot
- Wooded Lot
- No HOA
- Reedy Creek Magnet Middle School Rated A
About This Lot
Discover a unique opportunity to shape the future of downtown Cary with this rare urban infill development! Strategically positioned just steps away from the vibrant heart of downtown Cary and its stunning new park, this prime location offers easy access to major thoroughfares, including I-40, NC-54, Maynard Loop, and Harrison Ave, as well as RDU Airport. Zoned within the Medium Density Town Center Subdistrict, this listing encompasses parcels 503, 505, 507, 511, 517, and 519 Sorrell, totaling an impressive 2.17 acres. For those seeking even more potential, two additional neighboring parcels are available, bringing the total assemblage to 3.07 acres. With the possibility of developing approximately 22 single-family homes, 26+ townhomes, or a 60+ unit condominium building, this is your chance to make a significant impact in one of the most sought-after areas in the country. Don't miss out on this exceptional opportunity to leave your mark in downtown Cary! For more details on the additional parcels, please refer to MLS Listing #10049160 509 Sorrell St & #10049154 521 Sorrell St.
Property Details
Property Type
- Land
Est. Annual Taxes
- $9,374
Lot Details
- 2.17 Acre Lot
- Wooded Lot
- Landscaped with Trees
- Property is zoned TC-MDR
Schools
- Kingswood Elementary School
- Reedy Creek Middle School
- Cary High School
Utilities
- Phone Available
- Cable TV Available
Community Details
- No Home Owners Association
Map
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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 | $329 | $39,200 | $39,200 | $0 |
| 2023 | $196 | $19,600 | $19,600 | $0 |
| 2022 | $189 | $19,600 | $19,600 | $0 |
| 2021 | $185 | $19,600 | $19,600 | $0 |
| 2020 | $186 | $19,600 | $19,600 | $0 |
| 2019 | $150 | $14,000 | $14,000 | $0 |
| 2018 | $141 | $14,000 | $14,000 | $0 |
| 2017 | $135 | $14,000 | $14,000 | $0 |
| 2016 | $190 | $20,000 | $20,000 | $0 |
| 2015 | $236 | $24,000 | $24,000 | $0 |
| 2014 | $223 | $24,000 | $24,000 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/10/2024 09/10/24 | For Sale | $3,100,000 | -- | -- |
Source: Doorify MLS
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | Surety Land Title |
Source: Public Records
About the Listing Agent
Leslie is a Trusted Advisor who can identify problems and quickly find a solution that will work for her clients to help them navigate some of the most crucial financial decisions. Her diverse background in Statistics and years of marketing experience in the advertising world, plus the knowledge of having lived in the Triangle for over 30+ years, allows her to bring a unique blend of abilities to the table for her clients.
Leslie's Other Listings
-
$1,495,000 Sold Dec 30, 2024
- 3 Beds
- 3.5 Baths
- 2,747 Sq Ft
- 2121 Oberlin Village Dr
- Unit 103
- Raleigh, NC
Source: Doorify MLS
MLS Number: 10051669
APN: 0764.16-74-5280-000
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