Taxes
- Assessed Value: $321,981
- Assessed Year: 2025
- Assessed County: Wake
- APN: 0763.13-03-3203-000
- Assessed Land Value: 135000
- Market Land Value: 135000
- Tax Amount: 2779.7
- Tax Year: 2025
- Market Value: 321981
- Market Year: 2025
118 Spring Cove Dr; Cary, NC Property Details
Off market
118 Spring Cove Dr Cary, NC 27511
$200,000 Listing Price
2 Beds
2 Baths
1,222 SqFt
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Financed
- Owners / Type: 1 / Individual
- Owner Status: Individual
- Year Built: 1987
- Purchase Price: $200,000
- Open Loans / Balance: 2 / $280,876
- Est. Equity / %: $89,124 / 24.09%
- Gross Yield: 5.766%
- APN: 0763.13-03-3203-000
- Situs County: Wake
- Length Of Ownership: 7 years, 5 months
Rooms
- Bedrooms: 2
- Bathrooms: 2
- Full Bathrooms: 2
- Total Rooms: 4
Structure
- Building Style: Frame
- Stories: 1
- Building Condition: Average
- Roof Type: Gable
- Sewer Type: Yes
- Water Source: Yes
Measurements
- Total: 1,222/SqFt
- Lot: 3,049/SqFt
- Gross: 1,222/SqFt
- Living: 1,222/SqFt
- Building: 1,222/SqFt
- Ground: 1,222/SqFt
- Price Per Square Foot: $163.67
Legal Description
- Description: LO93 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: 35.764446 / -78.79671
- 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
118 Spring Cove Dr has no associated ownership info
118 Spring Cove Dr has no associated ownership info.
Taxes
118 Spring Cove Dr has 10 associated Taxes items
118 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 $321,981. The APN we've located for 118 Spring Cove Dr is 0763.13-03-3203-000.
Unlock the full reportTax History
118 Spring Cove 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 $321,981 | Land Value $135,000 | Improvement Value $186,981 | Tax Amount $2,779.7 | Change Rate +0.02202% | Assessed CR | Tax Rate +0.008633% |
| Year 2024 | Assessed Value $321,981 | Land Value $135,000 | Improvement Value $186,981 | Tax Amount $2,719.81 | Change Rate +0.337719% | Assessed CR | Tax Rate +0.008447% |
| Year 2023 | Assessed Value $200,915 | Land Value $65,000 | Improvement Value $135,915 | Tax Amount $2,033.17 | Change Rate +0.038481% | Assessed CR | Tax Rate +0.01012% |
| Year 2022 | Assessed Value $200,915 | Land Value $65,000 | Improvement Value $135,915 | Tax Amount $1,957.83 | Change Rate +0.020421% | Assessed CR | Tax Rate +0.009745% |
| Year 2021 | Assessed Value $200,915 | Land Value $65,000 | Improvement Value $135,915 | Tax Amount $1,918.65 | Change Rate -0.005206% | Assessed CR | Tax Rate +0.00955% |
| Year 2020 | Assessed Value $200,915 | Land Value $65,000 | Improvement Value $135,915 | Tax Amount $1,928.69 | Change Rate +0.028646% | Assessed CR | Tax Rate +0.0096% |
| Year 2019 | Assessed Value $173,249 | Land Value $65,000 | Improvement Value $108,249 | Tax Amount $1,874.98 | Change Rate +0.065263% | Assessed CR | Tax Rate +0.010822% |
| Year 2018 | Assessed Value $173,249 | Land Value $65,000 | Improvement Value $108,249 | Tax Amount $1,760.11 | Change Rate | Assessed CR | Tax Rate +0.010159% |
| Year 2017 | Assessed Value $173,249 | Land Value $65,000 | Improvement Value $108,249 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2016 | Assessed Value $173,249 | Land Value $65,000 | Improvement Value $108,249 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2015 | Assessed Value $149,924 | Land Value $42,000 | Improvement Value $107,924 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2014 | Assessed Value $149,924 | Land Value $42,000 | Improvement Value $107,924 | Tax Amount | Change Rate | Assessed CR | Tax Rate |