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1016 Phar Lap Pl; Cary, NC Property Details

1016 Phar Lap Pl, Cary, NC is a Single Family that was built in 2018. This property is currently Financed,New Construction and is not for sale. Our records show that 1016 Phar Lap Pl has 3.5 bathrooms, and a total of 4,624 square feet. The lot size of 1016 Phar Lap Pl is 13,504 square feet.

Off market
1016 Phar Lap Pl Cary, NC 27519
$1,195,942 Estimated Value
3.5 Baths
4,624 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 2018
  • Purchase Price: $782,500
  • Open Loans / Balance: 4 / $959,726
  • Est. Equity / %: $336,274 / 25.95%
  • Gross Yield: 4.835%
  • APN: 0735.01-07-1123-000
  • Situs County: Wake
  • Length Of Ownership: 7 years, 7 months

Rooms

  • Bathrooms: 3.5
  • Full Bathrooms: 3
  • Partial Bathrooms: 1

Structure

  • Building Style: Frame
  • Stories: 1.75
  • Building Quality: B

Measurements

  • Total: 4,624/SqFt
  • Lot: 13,504/SqFt
  • Gross: 4,624/SqFt
  • Garage: 518/SqFt
  • Living: 4,624/SqFt
  • Building: 4,624/SqFt
  • Garage Unfinished: 518/SqFt
  • Price Per Square Foot: $169.23

Legal Description

  • Description: LO15 RIDGEFIELD FARMS PH1 BM2017-02615
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Wake County Schools
  • Lat / Lon: 35.830296 / -78.89836
  • Subdivision: Ridgefield Farms Ph1
  • Property Class: Residential
  • Zoning: R8CU
  • County Use Code: 01

Amenities

  • Plus Four: 6741
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Garage
  • Heating: Forced air unit

HOA

  • H O A One: $182
  • H O A Amount: $182
  • H O A One Frequency: Quarterly
  • H O A One Name: Ridgefield Farms Homeowners Associa
  • H O A One Type: Home Owner Association

Ownership Info

1016 Phar Lap Pl has no associated ownership info
1016 Phar Lap Pl has no associated ownership info.

Taxes

1016 Phar Lap Pl has 10 associated Taxes items

1016 Phar Lap Pl, Cary, NC pays taxes in Wake County, NC. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $1,195,942. The APN we've located for 1016 Phar Lap Pl is 0735.01-07-1123-000.

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Taxes
  • Assessed Value:  $1,195,942
  • Assessed Year:  2025
  • Assessed County:  Wake
  • APN:  0735.01-07-1123-000
  • Assessed Land Value:  260000
  • Market Land Value:  260000
  • Tax Amount:  10270.42
  • Tax Year:  2025
  • Market Value:  1195942
  • Market Year:  2025

Tax History

1016 Phar Lap Pl has 7 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $1,195,942 Land Value $260,000 Improvement Value $935,942 Tax Amount $10,270.42 Change Rate +0.022139% Assessed CR Tax Rate +0.008588%
Year 2024 Assessed Value $1,195,942 Land Value $260,000 Improvement Value $935,942 Tax Amount $10,047.97 Change Rate +0.326598% Assessed CR Tax Rate +0.008402%
Year 2023 Assessed Value $753,917 Land Value $250,000 Improvement Value $503,917 Tax Amount $7,574.24 Change Rate +0.038772% Assessed CR Tax Rate +0.010047%
Year 2022 Assessed Value $753,917 Land Value $250,000 Improvement Value $503,917 Tax Amount $7,291.53 Change Rate +0.020578% Assessed CR Tax Rate +0.009672%
Year 2021 Assessed Value $753,917 Land Value $250,000 Improvement Value $503,917 Tax Amount $7,144.51 Change Rate -0.005249% Assessed CR Tax Rate +0.009477%
Year 2020 Assessed Value $753,917 Land Value $250,000 Improvement Value $503,917 Tax Amount $7,182.21 Change Rate +0.094524% Assessed CR Tax Rate +0.009527%
Year 2019 Assessed Value $610,998 Land Value $125,000 Improvement Value $485,998 Tax Amount $6,561.95 Change Rate Assessed CR Tax Rate +0.01074%