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116 Palace Grn; Cary, NC Property Details

116 Palace Grn, Cary, NC is a Single Family that was built in 1988. This property is currently Financed and is not for sale. Our records show that 116 Palace Grn has 3 bedrooms, and 2.5 bathrooms, and a total of 2,109 square feet. The lot size of 116 Palace Grn is 7,405 square feet.

Off market
116 Palace Grn Cary, NC 27518
$350,000 Listing Price
3 Beds
2.5 Baths
2,109 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1988
  • Purchase Price: $350,000
  • Open Loans / Balance: 2 / $495,224
  • Est. Equity / %: $104,776 / 17.46%
  • Gross Yield: 5.442%
  • APN: 0761.07-59-4356-000
  • Situs County: Wake
  • Length Of Ownership: 9 years, 9 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 2.5
  • Full Bathrooms: 2
  • Total Rooms: 6
  • Partial Bathrooms: 1

Structure

  • Building Style: Frame
  • Stories: 1.5
  • Building Condition: Average
  • Roof Type: Gable
  • Sewer Type: Yes
  • Water Source: Yes
  • Deck: true

Measurements

  • Total: 2,109/SqFt
  • Lot: 7,405/SqFt
  • Gross: 2,109/SqFt
  • Garage: 552/SqFt
  • Living: 2,109/SqFt
  • Building: 2,109/SqFt
  • Garage Unfinished: 552/SqFt
  • Price Per Square Foot: $165.96

Legal Description

  • Description: LO36 WILLIAMSBURGH COMNS PH1 SE2 BM1987
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: AE / High Risk
  • School District: Wake County Schools
  • Lat / Lon: 35.726364 / -78.77948
  • Subdivision: Williamsburgh Comns Ph 1 Se2
  • Property Class: Residential
  • Zoning: TRP
  • County Use Code: 01

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 9749
  • Bathroom Fixtures: 9
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Garage
  • Heating: Forced air unit
  • Parking: 2

HOA

  • H O A One: $123
  • H O A Amount: $123
  • H O A One Frequency: Monthly
  • H O A One Type: Planned Unit Development

Ownership Info

116 Palace Grn has no associated ownership info
116 Palace Grn has no associated ownership info.

Taxes

116 Palace Grn has 10 associated Taxes items

116 Palace Grn, 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 $562,590. The APN we've located for 116 Palace Grn is 0761.07-59-4356-000.

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Taxes
  • Assessed Value:  $562,590
  • Assessed Year:  2025
  • Assessed County:  Wake
  • APN:  0761.07-59-4356-000
  • Assessed Land Value:  180000
  • Market Land Value:  180000
  • Tax Amount:  4841.96
  • Tax Year:  2025
  • Market Value:  562590
  • Market Year:  2025

Tax History

116 Palace Grn has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $562,590 Land Value $180,000 Improvement Value $382,590 Tax Amount $4,841.96 Change Rate +0.022088% Assessed CR Tax Rate +0.008607%
Year 2024 Assessed Value $562,590 Land Value $180,000 Improvement Value $382,590 Tax Amount $4,737.32 Change Rate +0.335103% Assessed CR Tax Rate +0.008421%
Year 2023 Assessed Value $352,124 Land Value $76,000 Improvement Value $276,124 Tax Amount $3,548.28 Change Rate +0.038651% Assessed CR Tax Rate +0.010077%
Year 2022 Assessed Value $352,124 Land Value $76,000 Improvement Value $276,124 Tax Amount $3,416.24 Change Rate +0.020513% Assessed CR Tax Rate +0.009702%
Year 2021 Assessed Value $352,124 Land Value $76,000 Improvement Value $276,124 Tax Amount $3,347.57 Change Rate -0.00523% Assessed CR Tax Rate +0.009507%
Year 2020 Assessed Value $352,124 Land Value $76,000 Improvement Value $276,124 Tax Amount $3,365.17 Change Rate +0.01691% Assessed CR Tax Rate +0.009557%
Year 2019 Assessed Value $307,202 Land Value $76,000 Improvement Value $231,202 Tax Amount $3,309.21 Change Rate +0.065583% Assessed CR Tax Rate +0.010772%
Year 2018 Assessed Value $307,202 Land Value $76,000 Improvement Value $231,202 Tax Amount $3,105.54 Change Rate +0.040556% Assessed CR Tax Rate +0.010109%
Year 2017 Assessed Value $307,202 Land Value $76,000 Improvement Value $231,202 Tax Amount $2,984.5 Change Rate +0.01515% Assessed CR Tax Rate +0.009715%
Year 2016 Assessed Value $307,202 Land Value $76,000 Improvement Value $231,202 Tax Amount $2,939.96 Change Rate +0.096157% Assessed CR Tax Rate +0.00957%
Year 2015 Assessed Value $270,397 Land Value $56,000 Improvement Value $214,397 Tax Amount $2,682.06 Change Rate +0.060405% Assessed CR Tax Rate +0.009919%
Year 2014 Assessed Value $270,397 Land Value $56,000 Improvement Value $214,397 Tax Amount $2,529.28 Change Rate Assessed CR Tax Rate +0.009354%