Large Location Icon

117 Summer Lakes Dr; Cary, NC Property Details

117 Summer Lakes Dr, Cary, NC is a Single Family that was built in 1989. This property is not for sale. Our records show that 117 Summer Lakes Dr has 3 bathrooms, and a total of 3,642 square feet. The lot size of 117 Summer Lakes Dr is 19,166 square feet.

Off market
117 Summer Lakes Dr Cary, NC 27513
$1,220,463 Estimated Value
3 Baths
3,642 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1989
  • Purchase Price: $387,500
  • Est. Equity / %: $1,425,000 / 100%
  • Gross Yield: 5.345%
  • APN: 0754.13-03-3524-000
  • Situs County: Wake
  • Length Of Ownership: 29 years, 1 months

Rooms

  • Bathrooms: 3
  • Full Bathrooms: 3
  • Total Rooms: 10

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

Measurements

  • Total: 3,642/SqFt
  • Lot: 19,166/SqFt
  • Gross: 3,642/SqFt
  • Garage: 648/SqFt
  • Living: 3,642/SqFt
  • Building: 3,642/SqFt
  • Garage Unfinished: 648/SqFt
  • Price Per Square Foot: $106.40

Legal Description

  • Description: LO12 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: 35.792843 / -78.830315
  • Subdivision: Preston Fairways Ph1
  • Property Class: Residential
  • Zoning: R12P
  • County Use Code: 01

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 3419
  • Bathroom Fixtures: 11
  • 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

117 Summer Lakes Dr has no associated ownership info
117 Summer Lakes Dr has no associated ownership info.

Taxes

117 Summer Lakes Dr has 10 associated Taxes items

117 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 $1,220,463. The APN we've located for 117 Summer Lakes Dr is 0754.13-03-3524-000.

Unlock the full report
Taxes
  • Assessed Value:  $1,220,463
  • Assessed Year:  2025
  • Assessed County:  Wake
  • APN:  0754.13-03-3524-000
  • Assessed Land Value:  425000
  • Market Land Value:  425000
  • Tax Amount:  10480.58
  • Tax Year:  2025
  • Market Value:  1220463
  • Market Year:  2025

Tax History

117 Summer Lakes Dr has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $1,220,463 Land Value $425,000 Improvement Value $795,463 Tax Amount $10,480.58 Change Rate +0.022139% Assessed CR Tax Rate +0.008587%
Year 2024 Assessed Value $1,220,463 Land Value $425,000 Improvement Value $795,463 Tax Amount $10,253.58 Change Rate +0.135766% Assessed CR Tax Rate +0.008401%
Year 2023 Assessed Value $898,992 Land Value $223,000 Improvement Value $675,992 Tax Amount $9,027.9 Change Rate +0.038791% Assessed CR Tax Rate +0.010042%
Year 2022 Assessed Value $898,992 Land Value $223,000 Improvement Value $675,992 Tax Amount $8,690.78 Change Rate +0.020587% Assessed CR Tax Rate +0.009667%
Year 2021 Assessed Value $898,992 Land Value $223,000 Improvement Value $675,992 Tax Amount $8,515.47 Change Rate -0.005251% Assessed CR Tax Rate +0.009472%
Year 2020 Assessed Value $898,992 Land Value $223,000 Improvement Value $675,992 Tax Amount $8,560.42 Change Rate +0.025507% Assessed CR Tax Rate +0.009522%
Year 2019 Assessed Value $777,762 Land Value $210,000 Improvement Value $567,762 Tax Amount $8,347.5 Change Rate +0.065841% Assessed CR Tax Rate +0.010733%
Year 2018 Assessed Value $777,762 Land Value $210,000 Improvement Value $567,762 Tax Amount $7,831.84 Change Rate +0.040719% Assessed CR Tax Rate +0.01007%
Year 2017 Assessed Value $777,762 Land Value $210,000 Improvement Value $567,762 Tax Amount $7,525.41 Change Rate +0.015215% Assessed CR Tax Rate +0.009676%
Year 2016 Assessed Value $777,762 Land Value $210,000 Improvement Value $567,762 Tax Amount $7,412.63 Change Rate -0.010446% Assessed CR Tax Rate +0.009531%
Year 2015 Assessed Value $758,850 Land Value $198,000 Improvement Value $560,850 Tax Amount $7,490.88 Change Rate +0.060711% Assessed CR Tax Rate +0.009871%
Year 2014 Assessed Value $758,850 Land Value $198,000 Improvement Value $560,850 Tax Amount $7,062.13 Change Rate Assessed CR Tax Rate +0.009306%