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116 N Drawbridge Ln; Cary, NC Property Details

116 N Drawbridge Ln, Cary, NC is a Single Family that was built in 1987. This property is currently a cash purchase and is not for sale. Our records show that 116 N Drawbridge Ln has 4 bedrooms, and 3.5 bathrooms, and a total of 3,454 square feet. The lot size of 116 N Drawbridge Ln is 14,810 square feet.

Off market
116 N Drawbridge Ln Cary, NC 27513
$500,000 Listing Price
4 Beds
3.5 Baths
3,454 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Trust
  • Owner Status: Trust
  • Year Built: 1987
  • Purchase Price: $500,000
  • Open Loans / Balance: 1 / $133,896
  • Est. Equity / %: $606,104 / 81.91%
  • Gross Yield: 5.976%
  • APN: 0753.10-35-8994-000
  • Situs County: Wake
  • Length Of Ownership: 5 years, 5 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 3.5
  • Full Bathrooms: 3
  • Total Rooms: 8
  • Partial Bathrooms: 1

Structure

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

Measurements

  • Total: 3,454/SqFt
  • Lot: 14,810/SqFt
  • Gross: 3,454/SqFt
  • Garage: 481/SqFt
  • Living: 3,454/SqFt
  • Building: 3,454/SqFt
  • Garage Unfinished: 481/SqFt
  • Price Per Square Foot: $144.76

Legal Description

  • Description: LO11 DRAWBRIDGE & 87-260 PH1 BM1986-0141
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: 35.771942 / -78.81832
  • Subdivision: Drawbridge
  • Property Class: Residential
  • Zoning: R12P
  • County Use Code: 01

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 5111
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Garage
  • Heating: Forced air unit

HOA

  • H O A One: $48
  • H O A Amount: $48
  • H O A One Frequency: Monthly
  • H O A One Type: Planned Unit Development

Ownership Info

116 N Drawbridge Ln has no associated ownership info
116 N Drawbridge Ln has no associated ownership info.

Taxes

116 N Drawbridge Ln has 8 associated Taxes items

116 N Drawbridge 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 $686,537. The APN we've located for 116 N Drawbridge Ln is 0753.10-35-8994-000.

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Taxes
  • Assessed Value:  $686,537
  • Assessed Year:  2025
  • Assessed County:  Wake
  • APN:  0753.10-35-8994-000
  • Assessed Land Value:  203500
  • Market Land Value:  203500
  • Market Value:  686537
  • Market Year:  2025

Tax History

116 N Drawbridge Ln has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $686,537 Land Value $203,500 Improvement Value $483,037 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $686,537 Land Value $203,500 Improvement Value $483,037 Tax Amount $5,776.62 Change Rate +0.241744% Assessed CR Tax Rate +0.008414%
Year 2023 Assessed Value $462,277 Land Value $160,000 Improvement Value $302,277 Tax Amount $4,652.02 Change Rate +0.094784% Assessed CR Tax Rate +0.010063%
Year 2022 Assessed Value $438,492 Land Value $160,000 Improvement Value $278,492 Tax Amount $4,249.26 Change Rate +0.020537% Assessed CR Tax Rate +0.009691%
Year 2021 Assessed Value $438,492 Land Value $160,000 Improvement Value $278,492 Tax Amount $4,163.75 Change Rate -0.005237% Assessed CR Tax Rate +0.009496%
Year 2020 Assessed Value $438,492 Land Value $160,000 Improvement Value $278,492 Tax Amount $4,185.67 Change Rate +0.041367% Assessed CR Tax Rate +0.009546%
Year 2019 Assessed Value $373,531 Land Value $152,500 Improvement Value $221,031 Tax Amount $4,019.4 Change Rate +0.065659% Assessed CR Tax Rate +0.010761%
Year 2018 Assessed Value $373,531 Land Value $152,500 Improvement Value $221,031 Tax Amount $3,771.75 Change Rate Assessed CR Tax Rate +0.010098%
Year 2017 Assessed Value $373,531 Land Value $152,500 Improvement Value $221,031 Tax Amount Change Rate Assessed CR Tax Rate
Year 2016 Assessed Value $373,531 Land Value $152,500 Improvement Value $221,031 Tax Amount $3,570.41 Change Rate +0.120723% Assessed CR Tax Rate +0.009559%
Year 2015 Assessed Value $321,566 Land Value $102,500 Improvement Value $219,066 Tax Amount $3,185.81 Change Rate +0.060477% Assessed CR Tax Rate +0.009907%
Year 2014 Assessed Value $321,566 Land Value $102,500 Improvement Value $219,066 Tax Amount $3,004.13 Change Rate Assessed CR Tax Rate +0.009342%