Taxes
- Assessed Value: $1,298,261
- Assessed Year: 2025
- Assessed County: Wake
- APN: 0754.13-03-4466-000
- Assessed Land Value: 425000
- Market Land Value: 425000
- Market Value: 1298261
- Market Year: 2025
116 Summer Lakes Dr; Cary, NC Property Details
Off market
116 Summer Lakes Dr Cary, NC 27513
$685,000 Listing Price
4 Beds
3.5 Baths
4,151 SqFt
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Financed
- Owners / Type: 1 / Individual
- Owner Status: Individual
- Year Built: 1988
- Purchase Price: $685,000
- Open Loans / Balance: 1 / $467,019
- Est. Equity / %: $924,981 / 66.45%
- Gross Yield: 5.821%
- APN: 0754.13-03-4466-000
- Situs County: Wake
- Length Of Ownership: 13 years, 1 months
Rooms
- Bedrooms: 4
- Bathrooms: 3.5
- Full Bathrooms: 3
- Total Rooms: 9
- Partial Bathrooms: 1
Structure
- Building Style: Brick
- Stories: 2
- Exterior Wall Type: Brick
- Building Condition: Excellent
- Building Quality: B
- Roof Type: Hip
- Sewer Type: Yes
- Water Source: Yes
- Deck: true
Measurements
- Total: 4,151/SqFt
- Lot: 20,473/SqFt
- Gross: 4,151/SqFt
- Garage: 625/SqFt
- Living: 4,151/SqFt
- Building: 4,151/SqFt
- Garage Unfinished: 625/SqFt
- Price Per Square Foot: $165.02
Legal Description
- Description: LO76 PRESTON FAIRWAYS PH1 BM1987-1489
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: 35.792645 / -78.829796
- Subdivision: Preston Fairways Ph1
- Property Class: Residential
- Zoning: R12P
- County Use Code: 01
Amenities
- Heating Fuel Type: Gas
- Plus Four: 3416
- Cooling: Central
- Fireplaces: 1
- Garage: Garage
- Heating: Forced air unit
HOA
- H O A One: $632
- H O A Amount: $632
- H O A One Frequency: Annual
- H O A One Type: Planned Unit Development
Ownership Info
116 Summer Lakes Dr has no associated ownership info
116 Summer Lakes Dr has no associated ownership info.
Taxes
116 Summer Lakes Dr has 8 associated Taxes items
116 Summer Lakes 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 $1,298,261. The APN we've located for 116 Summer Lakes Dr is 0754.13-03-4466-000.
Unlock the full reportTax History
116 Summer Lakes Dr has 12 associated Tax History items
| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2025 | Assessed Value $1,298,261 | Land Value $425,000 | Improvement Value $873,261 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2024 | Assessed Value $1,298,261 | Land Value $425,000 | Improvement Value $873,261 | Tax Amount $10,905.92 | Change Rate +0.382882% | Assessed CR | Tax Rate +0.0084% |
| Year 2023 | Assessed Value $785,067 | Land Value $223,000 | Improvement Value $562,067 | Tax Amount $7,886.37 | Change Rate +0.038778% | Assessed CR | Tax Rate +0.010045% |
| Year 2022 | Assessed Value $785,067 | Land Value $223,000 | Improvement Value $562,067 | Tax Amount $7,591.97 | Change Rate +0.02058% | Assessed CR | Tax Rate +0.00967% |
| Year 2021 | Assessed Value $785,067 | Land Value $223,000 | Improvement Value $562,067 | Tax Amount $7,438.88 | Change Rate -0.005249% | Assessed CR | Tax Rate +0.009475% |
| Year 2020 | Assessed Value $785,067 | Land Value $223,000 | Improvement Value $562,067 | Tax Amount $7,478.13 | Change Rate -0.058255% | Assessed CR | Tax Rate +0.009525% |
| Year 2019 | Assessed Value $739,770 | Land Value $210,000 | Improvement Value $529,770 | Tax Amount $7,940.72 | Change Rate +0.065833% | Assessed CR | Tax Rate +0.010734% |
| Year 2018 | Assessed Value $739,770 | Land Value $210,000 | Improvement Value $529,770 | Tax Amount $7,450.25 | Change Rate +0.040714% | Assessed CR | Tax Rate +0.010071% |
| Year 2017 | Assessed Value $739,770 | Land Value $210,000 | Improvement Value $529,770 | Tax Amount $7,158.79 | Change Rate +0.015212% | Assessed CR | Tax Rate +0.009677% |
| Year 2016 | Assessed Value $739,770 | Land Value $210,000 | Improvement Value $529,770 | Tax Amount $7,051.52 | Change Rate +0.059837% | Assessed CR | Tax Rate +0.009532% |
| Year 2015 | Assessed Value $673,784 | Land Value $180,000 | Improvement Value $493,784 | Tax Amount $6,653.4 | Change Rate +0.06069% | Assessed CR | Tax Rate +0.009875% |
| Year 2014 | Assessed Value $673,784 | Land Value $180,000 | Improvement Value $493,784 | Tax Amount $6,272.71 | Change Rate | Assessed CR | Tax Rate +0.00931% |