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116 Spring Cove Dr; Cary, NC Property Details

116 Spring Cove Dr, Cary, NC is a Single Family that was built in 1987. This property is not for sale. Our records show that 116 Spring Cove Dr has 2 bedrooms, and 2 bathrooms, and a total of 1,377 square feet. The lot size of 116 Spring Cove Dr is 1,742 square feet.

Off market
116 Spring Cove Dr Cary, NC 27511
$124,900 Listing Price
2 Beds
2 Baths
1,377 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1987
  • Purchase Price: $83,500
  • Open Loans / Balance: 1 / $64,267
  • Est. Equity / %: $267,733 / 80.64%
  • Gross Yield: 6.745%
  • APN: 0763.13-03-3230-000
  • Situs County: Wake
  • Length Of Ownership: 37 years, 6 months

Rooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Total Rooms: 4

Structure

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

Measurements

  • Total: 1,377/SqFt
  • Lot: 1,742/SqFt
  • Gross: 1,377/SqFt
  • Living: 1,377/SqFt
  • Building: 1,377/SqFt
  • Price Per Square Foot: $60.64

Legal Description

  • Description: LO94 LAKEPOINT VILLAGE P2 86-561 BL18
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: 35.764473 / -78.796616
  • Subdivision: Lakepoint Village
  • Property Class: Residential
  • Zoning: RMFP
  • County Use Code: 01

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 7231
  • Cooling: Central
  • Fireplaces: 1
  • Heating: Forced air unit

HOA

  • H O A One: $271
  • H O A Amount: $271
  • H O A One Frequency: Monthly
  • H O A One Name: Lakepoint Village Townhomes Associa
  • H O A One Type: Home Owner Association

Ownership Info

116 Spring Cove Dr has no associated ownership info
116 Spring Cove Dr has no associated ownership info.

Taxes

116 Spring Cove Dr has 10 associated Taxes items

116 Spring Cove Dr, 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 $337,803. The APN we've located for 116 Spring Cove Dr is 0763.13-03-3230-000.

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Taxes
  • Assessed Value:  $337,803
  • Assessed Year:  2025
  • Assessed County:  Wake
  • APN:  0763.13-03-3230-000
  • Assessed Land Value:  135000
  • Market Land Value:  135000
  • Tax Amount:  2915.31
  • Tax Year:  2025
  • Market Value:  337803
  • Market Year:  2025

Tax History

116 Spring Cove Dr has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $337,803 Land Value $135,000 Improvement Value $202,803 Tax Amount $2,915.31 Change Rate +0.022026% Assessed CR Tax Rate +0.00863%
Year 2024 Assessed Value $337,803 Land Value $135,000 Improvement Value $202,803 Tax Amount $2,852.48 Change Rate +0.380945% Assessed CR Tax Rate +0.008444%
Year 2023 Assessed Value $204,152 Land Value $65,000 Improvement Value $139,152 Tax Amount $2,065.6 Change Rate +0.038491% Assessed CR Tax Rate +0.010118%
Year 2022 Assessed Value $204,152 Land Value $65,000 Improvement Value $139,152 Tax Amount $1,989.04 Change Rate +0.020423% Assessed CR Tax Rate +0.009743%
Year 2021 Assessed Value $204,152 Land Value $65,000 Improvement Value $139,152 Tax Amount $1,949.23 Change Rate -0.005211% Assessed CR Tax Rate +0.009548%
Year 2020 Assessed Value $204,152 Land Value $65,000 Improvement Value $139,152 Tax Amount $1,959.44 Change Rate +0.030866% Assessed CR Tax Rate +0.009598%
Year 2019 Assessed Value $175,658 Land Value $65,000 Improvement Value $110,658 Tax Amount $1,900.77 Change Rate +0.065269% Assessed CR Tax Rate +0.010821%
Year 2018 Assessed Value $175,658 Land Value $65,000 Improvement Value $110,658 Tax Amount $1,784.31 Change Rate +0.040353% Assessed CR Tax Rate +0.010158%
Year 2017 Assessed Value $175,658 Land Value $65,000 Improvement Value $110,658 Tax Amount $1,715.1 Change Rate +0.015074% Assessed CR Tax Rate +0.009764%
Year 2016 Assessed Value $175,658 Land Value $65,000 Improvement Value $110,658 Tax Amount $1,689.63 Change Rate +0.114252% Assessed CR Tax Rate +0.009619%
Year 2015 Assessed Value $151,994 Land Value $42,000 Improvement Value $109,994 Tax Amount $1,516.38 Change Rate +0.060028% Assessed CR Tax Rate +0.009977%
Year 2014 Assessed Value $151,994 Land Value $42,000 Improvement Value $109,994 Tax Amount $1,430.51 Change Rate Assessed CR Tax Rate +0.009412%