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116 Thornewood Dr; Cary, NC Property Details

116 Thornewood Dr, Cary, NC is a Single Family that was built in 1985. This property is currently Financed and is not for sale. Our records show that 116 Thornewood Dr has 4 bedrooms, and 2 bathrooms, and a total of 2,804 square feet. The lot size of 116 Thornewood Dr is 20,473 square feet.

Off market
116 Thornewood Dr Cary, NC 27518
$350,000 Listing Price
4 Beds
2 Baths
2,804 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1985
  • Purchase Price: $350,000
  • Open Loans / Balance: 4 / $644,327
  • Est. Equity / %: $72,673 / 10.14%
  • Gross Yield: 4.716%
  • APN: 0762.11-65-9817-000
  • Situs County: Wake
  • Length Of Ownership: 10 years, 8 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Total Rooms: 8

Structure

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

Measurements

  • Total: 2,804/SqFt
  • Lot: 20,473/SqFt
  • Gross: 2,804/SqFt
  • Garage: 563/SqFt
  • Living: 2,804/SqFt
  • Building: 2,804/SqFt
  • Garage Unfinished: 563/SqFt
  • Price Per Square Foot: $124.82

Legal Description

  • Description: LO15 THORNEWOOD SUB BM1984-1420
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: 35.744232 / -78.774445
  • Subdivision: Thornewood Sub
  • Property Class: Residential
  • Zoning: R12
  • County Use Code: 01

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 9733
  • Bathroom Fixtures: 6
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Garage
  • Heating: Forced air unit

HOA

  • H O A One: $100
  • H O A Amount: $100
  • H O A One Frequency: Annual
  • H O A One Name: Thornewood Subdivision
  • H O A One Type: Home Owner Association

Ownership Info

116 Thornewood Dr has no associated ownership info
116 Thornewood Dr has no associated ownership info.

Taxes

116 Thornewood Dr has 10 associated Taxes items

116 Thornewood 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 $598,193. The APN we've located for 116 Thornewood Dr is 0762.11-65-9817-000.

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Taxes
  • Assessed Value:  $598,193
  • Assessed Year:  2025
  • Assessed County:  Wake
  • APN:  0762.11-65-9817-000
  • Assessed Land Value:  191250
  • Market Land Value:  191250
  • Tax Amount:  5147.12
  • Tax Year:  2025
  • Market Value:  598193
  • Market Year:  2025

Tax History

116 Thornewood Dr has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $598,193 Land Value $191,250 Improvement Value $406,943 Tax Amount $5,147.12 Change Rate +0.022096% Assessed CR Tax Rate +0.008604%
Year 2024 Assessed Value $598,193 Land Value $191,250 Improvement Value $406,943 Tax Amount $5,035.85 Change Rate +0.280175% Assessed CR Tax Rate +0.008418%
Year 2023 Assessed Value $390,591 Land Value $113,050 Improvement Value $277,541 Tax Amount $3,933.72 Change Rate +0.038674% Assessed CR Tax Rate +0.010071%
Year 2022 Assessed Value $390,591 Land Value $113,050 Improvement Value $277,541 Tax Amount $3,787.25 Change Rate +0.020522% Assessed CR Tax Rate +0.009696%
Year 2021 Assessed Value $390,591 Land Value $113,050 Improvement Value $277,541 Tax Amount $3,711.09 Change Rate -0.005235% Assessed CR Tax Rate +0.009501%
Year 2020 Assessed Value $390,591 Land Value $113,050 Improvement Value $277,541 Tax Amount $3,730.62 Change Rate +0.048336% Assessed CR Tax Rate +0.009551%
Year 2019 Assessed Value $330,495 Land Value $117,300 Improvement Value $213,195 Tax Amount $3,558.61 Change Rate +0.065615% Assessed CR Tax Rate +0.010768%
Year 2018 Assessed Value $330,495 Land Value $117,300 Improvement Value $213,195 Tax Amount $3,339.49 Change Rate +0.040576% Assessed CR Tax Rate +0.010105%
Year 2017 Assessed Value $330,495 Land Value $117,300 Improvement Value $213,195 Tax Amount $3,209.27 Change Rate +0.015158% Assessed CR Tax Rate +0.00971%
Year 2016 Assessed Value $330,495 Land Value $117,300 Improvement Value $213,195 Tax Amount $3,161.35 Change Rate +0.040404% Assessed CR Tax Rate +0.009566%
Year 2015 Assessed Value $306,610 Land Value $93,500 Improvement Value $213,110 Tax Amount $3,038.58 Change Rate +0.060457% Assessed CR Tax Rate +0.00991%
Year 2014 Assessed Value $306,610 Land Value $93,500 Improvement Value $213,110 Tax Amount $2,865.35 Change Rate Assessed CR Tax Rate +0.009345%