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116 Gray Mares Ln; Cary, NC Property Details

116 Gray Mares Ln, Cary, NC is a Single Family that was built in 1992. This property is currently Financed and is not for sale. Our records show that 116 Gray Mares Ln has 4 bedrooms, and 3 bathrooms, and a total of 2,900 square feet. The lot size of 116 Gray Mares Ln is 10,454 square feet.

Off market
116 Gray Mares Ln Cary, NC 27518
$678,000 Listing Price
4 Beds
3 Baths
2,900 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1992
  • Purchase Price: $678,000
  • Open Loans / Balance: 1 / $546,445
  • Est. Equity / %: $182,555 / 25.04%
  • Gross Yield: 5.812%
  • APN: 0761.11-77-5581-000
  • Situs County: Wake
  • Length Of Ownership: 4 years

Rooms

  • Bedrooms: 4
  • Bathrooms: 3
  • Full Bathrooms: 3
  • Total Rooms: 7

Structure

  • Building Style: Frame
  • Stories: 2
  • Building Condition: Average
  • Building Quality: B
  • Roof Type: Hip
  • Sewer Type: Yes
  • Water Source: Yes
  • Deck: true

Measurements

  • Total: 2,900/SqFt
  • Lot: 10,454/SqFt
  • Gross: 2,900/SqFt
  • Garage: 648/SqFt
  • Living: 2,900/SqFt
  • Building: 2,900/SqFt
  • Garage Unfinished: 648/SqFt
  • Price Per Square Foot: $233.79

Legal Description

  • Description: LO1040 HGHLNDS ON THE BLUFFS PH6B BM1992
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: 35.721283 / -78.77223
  • Subdivision: Hghlnds On The Bluffs Ph6b
  • Property Class: Residential
  • Zoning: R8P
  • County Use Code: 01

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 8987
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Garage
  • Heating: Forced air unit

HOA

  • H O A One: $711
  • H O A Amount: $711
  • H O A One Frequency: Annual
  • H O A One Type: Planned Unit Development

Ownership Info

116 Gray Mares Ln has no associated ownership info
116 Gray Mares Ln has no associated ownership info.

Taxes

116 Gray Mares Ln has 10 associated Taxes items

116 Gray Mares Ln, 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 $697,166. The APN we've located for 116 Gray Mares Ln is 0761.11-77-5581-000.

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Taxes
  • Assessed Value:  $697,166
  • Assessed Year:  2025
  • Assessed County:  Wake
  • APN:  0761.11-77-5581-000
  • Assessed Land Value:  260000
  • Market Land Value:  260000
  • Tax Amount:  5995.41
  • Tax Year:  2025
  • Market Value:  697166
  • Market Year:  2025

Tax History

116 Gray Mares Ln has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $697,166 Land Value $260,000 Improvement Value $437,166 Tax Amount $5,995.41 Change Rate +0.022106% Assessed CR Tax Rate +0.0086%
Year 2024 Assessed Value $697,166 Land Value $260,000 Improvement Value $437,166 Tax Amount $5,865.74 Change Rate +0.363548% Assessed CR Tax Rate +0.008414%
Year 2023 Assessed Value $427,327 Land Value $120,000 Improvement Value $307,327 Tax Amount $4,301.82 Change Rate +0.038693% Assessed CR Tax Rate +0.010067%
Year 2022 Assessed Value $427,327 Land Value $120,000 Improvement Value $307,327 Tax Amount $4,141.57 Change Rate +0.020534% Assessed CR Tax Rate +0.009692%
Year 2021 Assessed Value $427,327 Land Value $120,000 Improvement Value $307,327 Tax Amount $4,058.24 Change Rate -0.005236% Assessed CR Tax Rate +0.009497%
Year 2020 Assessed Value $427,327 Land Value $120,000 Improvement Value $307,327 Tax Amount $4,079.6 Change Rate -0.024276% Assessed CR Tax Rate +0.009547%
Year 2019 Assessed Value $388,633 Land Value $120,000 Improvement Value $268,633 Tax Amount $4,181.1 Change Rate +0.065675% Assessed CR Tax Rate +0.010758%
Year 2018 Assessed Value $388,633 Land Value $120,000 Improvement Value $268,633 Tax Amount $3,923.43 Change Rate +0.040612% Assessed CR Tax Rate +0.010095%
Year 2017 Assessed Value $388,633 Land Value $120,000 Improvement Value $268,633 Tax Amount $3,770.31 Change Rate +0.015172% Assessed CR Tax Rate +0.009701%
Year 2016 Assessed Value $388,633 Land Value $120,000 Improvement Value $268,633 Tax Amount $3,713.96 Change Rate +0.025616% Assessed CR Tax Rate +0.009556%
Year 2015 Assessed Value $365,790 Land Value $100,000 Improvement Value $265,790 Tax Amount $3,621.2 Change Rate +0.060524% Assessed CR Tax Rate +0.0099%
Year 2014 Assessed Value $365,790 Land Value $100,000 Improvement Value $265,790 Tax Amount $3,414.54 Change Rate Assessed CR Tax Rate +0.009335%