Large Location Icon

109 Rainbow Ct; Cary, NC Property Details

109 Rainbow Ct, Cary, NC is a Duplex 2 Units that was built in 1973. This property is currently Financed and is not for sale. Our records show that 109 Rainbow Ct has 3 bathrooms, and a total of 2,456 square feet. The lot size of 109 Rainbow Ct is 12,197 square feet.

Off market
109 Rainbow Ct Cary, NC 27511
$594,321 Estimated Value
3 Baths
2,456 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1973
  • Purchase Price: $615,000
  • Open Loans / Balance: 1 / $615,000
  • Est. Equity / %: $-4,000 / -0.65%
  • APN: 0764.20-82-6307-000
  • Situs County: Wake
  • Length Of Ownership: 2 months

Rooms

  • Bathrooms: 3
  • Full Bathrooms: 3
  • Total Rooms: 12

Structure

  • Building Style: Frame
  • Stories: 2
  • Exterior Wall Type: Brick
  • Building Condition: Good
  • Building Quality: C
  • Roof Type: Gable
  • Sewer Type: Yes
  • Water Source: Yes

Measurements

  • Total: 2,456/SqFt
  • Lot: 12,197/SqFt
  • Gross: 2,456/SqFt
  • Living: 2,456/SqFt
  • Building: 2,456/SqFt
  • Price Per Square Foot: $250.41

Legal Description

  • Description: LO8 RAINBOW ESTATES BM1972-00137
Building Insights

Land Information

  • Property Type: Duplex 2 Units
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Wake County Schools
  • Lat / Lon: 35.78957 / -78.76864
  • Subdivision: Rainbow Estates
  • Property Class: Residential
  • Zoning: TRP
  • County Use Code: 02

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 3526
  • Bathroom Fixtures: 11
  • Cooling: Central
  • Heating: Forced air unit

Ownership Info

109 Rainbow Ct has no associated ownership info
109 Rainbow Ct has no associated ownership info.

Taxes

109 Rainbow Ct has 10 associated Taxes items

109 Rainbow Ct, 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 $594,321. The APN we've located for 109 Rainbow Ct is 0764.20-82-6307-000.

Unlock the full report
Taxes
  • Assessed Value:  $594,321
  • Assessed Year:  2025
  • Assessed County:  Wake
  • APN:  0764.20-82-6307-000
  • Assessed Land Value:  350000
  • Market Land Value:  350000
  • Tax Amount:  5133.92
  • Tax Year:  2025
  • Market Value:  594321
  • Market Year:  2025

Tax History

109 Rainbow Ct has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $594,321 Land Value $350,000 Improvement Value $244,321 Tax Amount $5,133.92 Change Rate +0.022005% Assessed CR Tax Rate +0.008638%
Year 2024 Assessed Value $594,321 Land Value $350,000 Improvement Value $244,321 Tax Amount $5,023.38 Change Rate +1.159739% Assessed CR Tax Rate +0.008452%
Year 2023 Assessed Value $228,136 Land Value $75,000 Improvement Value $153,136 Tax Amount $2,325.92 Change Rate +0.038186% Assessed CR Tax Rate +0.010195%
Year 2022 Assessed Value $228,136 Land Value $75,000 Improvement Value $153,136 Tax Amount $2,240.37 Change Rate +0.020256% Assessed CR Tax Rate +0.00982%
Year 2021 Assessed Value $228,136 Land Value $75,000 Improvement Value $153,136 Tax Amount $2,195.89 Change Rate -0.005169% Assessed CR Tax Rate +0.009625%
Year 2020 Assessed Value $228,136 Land Value $75,000 Improvement Value $153,136 Tax Amount $2,207.3 Change Rate +0.221014% Assessed CR Tax Rate +0.009675%
Year 2019 Assessed Value $165,104 Land Value $50,000 Improvement Value $115,104 Tax Amount $1,807.76 Change Rate +0.064453% Assessed CR Tax Rate +0.010949%
Year 2018 Assessed Value $165,104 Land Value $50,000 Improvement Value $115,104 Tax Amount $1,698.3 Change Rate +0.039829% Assessed CR Tax Rate +0.010286%
Year 2017 Assessed Value $165,104 Land Value $50,000 Improvement Value $115,104 Tax Amount $1,633.25 Change Rate +0.014876% Assessed CR Tax Rate +0.009892%
Year 2016 Assessed Value $165,104 Land Value $50,000 Improvement Value $115,104 Tax Amount $1,609.31 Change Rate -0.043722% Assessed CR Tax Rate +0.009747%
Year 2015 Assessed Value $166,875 Land Value $38,000 Improvement Value $128,875 Tax Amount $1,682.89 Change Rate +0.059354% Assessed CR Tax Rate +0.010085%
Year 2014 Assessed Value $166,875 Land Value $38,000 Improvement Value $128,875 Tax Amount $1,588.6 Change Rate Assessed CR Tax Rate +0.00952%