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118 Banyon Tree Ln; Cary, NC Property Details

118 Banyon Tree Ln, Cary, NC is a Single Family that was built in 1999. This property is currently Financed,New Construction and is not for sale. Our records show that 118 Banyon Tree Ln has 2.5 bathrooms, and a total of 2,530 square feet. The lot size of 118 Banyon Tree Ln is 10,454 square feet.

Off market
118 Banyon Tree Ln Cary, NC 27513
$588,126 Estimated Value
2.5 Baths
2,530 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1999
  • Purchase Price: $232,500
  • Est. Equity / %: $612,000 / 100%
  • Gross Yield: 6.153%
  • APN: 0764.05-09-4282-000
  • Situs County: Wake
  • Length Of Ownership: 26 years, 8 months

Rooms

  • Bathrooms: 2.5
  • Full Bathrooms: 2
  • Partial Bathrooms: 1

Structure

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

Measurements

  • Total: 2,530/SqFt
  • Lot: 10,454/SqFt
  • Gross: 2,530/SqFt
  • Garage: 210/SqFt
  • Living: 2,530/SqFt
  • Building: 2,530/SqFt
  • Garage Unfinished: 210/SqFt
  • Price Per Square Foot: $91.90

Legal Description

  • Description: LO103 SILVERCREEK SUB PH7 BM1998-00616
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: 35.808453 / -78.796005
  • Subdivision: Silvercreek Sub Ph7
  • Property Class: Residential
  • Zoning: R8CU
  • County Use Code: 01

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 8802
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Garage
  • Heating: Forced air unit

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

118 Banyon Tree Ln has no associated ownership info
118 Banyon Tree Ln has no associated ownership info.

Taxes

118 Banyon Tree Ln has 10 associated Taxes items

118 Banyon Tree Ln, 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 $588,126. The APN we've located for 118 Banyon Tree Ln is 0764.05-09-4282-000.

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Taxes
  • Assessed Value:  $588,126
  • Assessed Year:  2025
  • Assessed County:  Wake
  • APN:  0764.05-09-4282-000
  • Assessed Land Value:  190000
  • Market Land Value:  190000
  • Tax Amount:  5060.83
  • Tax Year:  2025
  • Market Value:  588126
  • Market Year:  2025

Tax History

118 Banyon Tree Ln has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $588,126 Land Value $190,000 Improvement Value $398,126 Tax Amount $5,060.83 Change Rate +0.022093% Assessed CR Tax Rate +0.008605%
Year 2024 Assessed Value $588,126 Land Value $190,000 Improvement Value $398,126 Tax Amount $4,951.44 Change Rate +0.240481% Assessed CR Tax Rate +0.008419%
Year 2023 Assessed Value $396,362 Land Value $117,000 Improvement Value $279,362 Tax Amount $3,991.55 Change Rate +0.038679% Assessed CR Tax Rate +0.01007%
Year 2022 Assessed Value $396,362 Land Value $117,000 Improvement Value $279,362 Tax Amount $3,842.91 Change Rate +0.020525% Assessed CR Tax Rate +0.009695%
Year 2021 Assessed Value $396,362 Land Value $117,000 Improvement Value $279,362 Tax Amount $3,765.62 Change Rate -0.005236% Assessed CR Tax Rate +0.0095%
Year 2020 Assessed Value $396,362 Land Value $117,000 Improvement Value $279,362 Tax Amount $3,785.44 Change Rate +0.050085% Assessed CR Tax Rate +0.00955%
Year 2019 Assessed Value $334,818 Land Value $90,000 Improvement Value $244,818 Tax Amount $3,604.89 Change Rate +0.065618% Assessed CR Tax Rate +0.010767%
Year 2018 Assessed Value $334,818 Land Value $90,000 Improvement Value $244,818 Tax Amount $3,382.91 Change Rate +0.040578% Assessed CR Tax Rate +0.010104%
Year 2017 Assessed Value $334,818 Land Value $90,000 Improvement Value $244,818 Tax Amount $3,250.99 Change Rate +0.01516% Assessed CR Tax Rate +0.00971%
Year 2016 Assessed Value $334,818 Land Value $90,000 Improvement Value $244,818 Tax Amount $3,202.44 Change Rate -0.021472% Assessed CR Tax Rate +0.009565%
Year 2015 Assessed Value $330,393 Land Value $86,000 Improvement Value $244,393 Tax Amount $3,272.71 Change Rate +0.060485% Assessed CR Tax Rate +0.009906%
Year 2014 Assessed Value $330,393 Land Value $86,000 Improvement Value $244,393 Tax Amount $3,086.05 Change Rate Assessed CR Tax Rate +0.009341%