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116 Inverness Ct; Cary, NC Property Details

116 Inverness Ct, Cary, NC is a Single Family that was built in 1984. This property is currently a cash purchase and is not for sale. Our records show that 116 Inverness Ct has 3 bedrooms, and 2.5 bathrooms, and a total of 1,488 square feet. The lot size of 116 Inverness Ct is 1,307 square feet.

Off market
116 Inverness Ct Cary, NC 27511
$315,000 Listing Price
3 Beds
2.5 Baths
1,488 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1984
  • Purchase Price: $315,000
  • Est. Equity / %: $301,000 / 100%
  • Gross Yield: 6.514%
  • APN: 0753.19-50-5530-000
  • Situs County: Wake
  • Length Of Ownership: 5 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 2.5
  • Full Bathrooms: 2
  • Total Rooms: 4
  • Partial Bathrooms: 1

Structure

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

Measurements

  • Total: 1,488/SqFt
  • Lot: 1,307/SqFt
  • Gross: 1,488/SqFt
  • Living: 1,488/SqFt
  • Building: 1,488/SqFt
  • Price Per Square Foot: $211.69

Legal Description

  • Description: LO20 APPLECROSS TWNHMES S4 PTA BM1984-00
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: 35.757015 / -78.81279
  • Subdivision: Applecross Twnhm
  • Property Class: Residential
  • Zoning: RMF
  • County Use Code: 01

Amenities

  • Heating Fuel Type: Wood
  • Plus Four: 5061
  • Cooling: Central
  • Fireplaces: 1
  • Heating: Forced air unit

HOA

  • H O A One: $245
  • H O A Amount: $245
  • H O A One Frequency: Monthly
  • H O A One Name: Applecross Th
  • H O A One Type: Home Owner Association

Ownership Info

116 Inverness Ct has no associated ownership info
116 Inverness Ct has no associated ownership info.

Taxes

116 Inverness Ct has 10 associated Taxes items

116 Inverness 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 $314,446. The APN we've located for 116 Inverness Ct is 0753.19-50-5530-000.

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Taxes
  • Assessed Value:  $314,446
  • Assessed Year:  2025
  • Assessed County:  Wake
  • APN:  0753.19-50-5530-000
  • Assessed Land Value:  115000
  • Market Land Value:  115000
  • Tax Amount:  2715.12
  • Tax Year:  2025
  • Market Value:  314446
  • Market Year:  2025

Tax History

116 Inverness Ct has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $314,446 Land Value $115,000 Improvement Value $199,446 Tax Amount $2,715.12 Change Rate +0.022017% Assessed CR Tax Rate +0.008635%
Year 2024 Assessed Value $314,446 Land Value $115,000 Improvement Value $199,446 Tax Amount $2,656.63 Change Rate +0.399936% Assessed CR Tax Rate +0.008449%
Year 2023 Assessed Value $187,393 Land Value $50,000 Improvement Value $137,393 Tax Amount $1,897.68 Change Rate +0.038453% Assessed CR Tax Rate +0.010127%
Year 2022 Assessed Value $187,393 Land Value $50,000 Improvement Value $137,393 Tax Amount $1,827.41 Change Rate +0.020403% Assessed CR Tax Rate +0.009752%
Year 2021 Assessed Value $187,393 Land Value $50,000 Improvement Value $137,393 Tax Amount $1,790.87 Change Rate -0.005205% Assessed CR Tax Rate +0.009557%
Year 2020 Assessed Value $187,393 Land Value $50,000 Improvement Value $137,393 Tax Amount $1,800.24 Change Rate Assessed CR Tax Rate +0.009607%
Year 2019 Assessed Value $131,917 Land Value $32,000 Improvement Value $99,917 Tax Amount Change Rate Assessed CR Tax Rate
Year 2018 Assessed Value $131,917 Land Value $32,000 Improvement Value $99,917 Tax Amount Change Rate Assessed CR Tax Rate
Year 2017 Assessed Value $131,917 Land Value $32,000 Improvement Value $99,917 Tax Amount Change Rate Assessed CR Tax Rate
Year 2016 Assessed Value $131,917 Land Value $32,000 Improvement Value $99,917 Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $121,614 Land Value $26,000 Improvement Value $95,614 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $121,614 Land Value $26,000 Improvement Value $95,614 Tax Amount Change Rate Assessed CR Tax Rate