Taxes
- Assessed Value: $1,172,387
- Assessed Year: 2025
- Assessed County: Wake
- APN: 0762.15-73-1325-000
- Assessed Land Value: 250000
- Market Land Value: 250000
- Tax Amount: 10068.53
- Tax Year: 2025
- Market Value: 1172387
- Market Year: 2025
118 Summerview Ln; Cary, NC Property Details
Off market
118 Summerview Ln Cary, NC 27518
$500,000 Listing Price
4 Beds
3.5 Baths
3,735 SqFt
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Financed
- Owners / Type: 2 / Related
- Owner Status: Related
- Year Built: 2001
- Purchase Price: $250,000
- Open Loans / Balance: 3 / $478,038
- Est. Equity / %: $709,962 / 59.76%
- Gross Yield: 5.835%
- APN: 0762.15-73-1325-000
- Situs County: Wake
- Length Of Ownership: 23 years, 6 months
Rooms
- Bedrooms: 4
- Bathrooms: 3.5
- Full Bathrooms: 3
- Partial Bathrooms: 1
Structure
- Building Style: Brick
- Stories: 1.5
- Exterior Wall Type: Brick
- Building Quality: A
- Roof Type: Hip
- Sewer Type: Yes
- Water Source: Yes
- Deck: true
Measurements
- Total: 3,735/SqFt
- Lot: 25,700/SqFt
- Gross: 3,735/SqFt
- Garage: 582/SqFt
- Living: 3,735/SqFt
- Building: 3,735/SqFt
- Garage Unfinished: 582/SqFt
- Price Per Square Foot: $66.93
Legal Description
- Description: LO10 SUMMER POINTE SUB BM1998-2366
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: 35.737274 / -78.77379
- Subdivision: Summer Pointe Sub
- Property Class: Residential
- Zoning: R12
- County Use Code: 01
Amenities
- Heating Fuel Type: Gas
- Plus Four: 8422
- Cooling: Central
- Fireplaces: 1
- Garage: Garage
- Heating: Forced air unit
HOA
- H O A One: $125
- H O A Amount: $125
- H O A One Frequency: Annual
- H O A One Type: Planned Unit Development
Ownership Info
118 Summerview Ln has no associated ownership info
118 Summerview Ln has no associated ownership info.
Taxes
118 Summerview Ln has 10 associated Taxes items
118 Summerview 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 $1,172,387. The APN we've located for 118 Summerview Ln is 0762.15-73-1325-000.
Unlock the full reportTax History
118 Summerview Ln 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 $1,172,387 | Land Value $250,000 | Improvement Value $922,387 | Tax Amount $10,068.53 | Change Rate +0.022137% | Assessed CR | Tax Rate +0.008588% |
| Year 2024 | Assessed Value $1,172,387 | Land Value $250,000 | Improvement Value $922,387 | Tax Amount $9,850.47 | Change Rate +0.413583% | Assessed CR | Tax Rate +0.008402% |
| Year 2023 | Assessed Value $693,457 | Land Value $125,000 | Improvement Value $568,457 | Tax Amount $6,968.44 | Change Rate +0.038763% | Assessed CR | Tax Rate +0.010049% |
| Year 2022 | Assessed Value $693,457 | Land Value $125,000 | Improvement Value $568,457 | Tax Amount $6,708.4 | Change Rate +0.020573% | Assessed CR | Tax Rate +0.009674% |
| Year 2021 | Assessed Value $693,457 | Land Value $125,000 | Improvement Value $568,457 | Tax Amount $6,573.17 | Change Rate +0.005462% | Assessed CR | Tax Rate +0.009479% |
| Year 2020 | Assessed Value $693,457 | Land Value $125,000 | Improvement Value $568,457 | Tax Amount $6,537.46 | Change Rate +0.03995% | Assessed CR | Tax Rate +0.009427% |
| Year 2019 | Assessed Value $585,254 | Land Value $125,000 | Improvement Value $460,254 | Tax Amount $6,286.32 | Change Rate +0.065787% | Assessed CR | Tax Rate +0.010741% |
| Year 2018 | Assessed Value $585,254 | Land Value $125,000 | Improvement Value $460,254 | Tax Amount $5,898.29 | Change Rate +0.040685% | Assessed CR | Tax Rate +0.010078% |
| Year 2017 | Assessed Value $585,254 | Land Value $125,000 | Improvement Value $460,254 | Tax Amount $5,667.7 | Change Rate +0.0152% | Assessed CR | Tax Rate +0.009684% |
| Year 2016 | Assessed Value $585,254 | Land Value $125,000 | Improvement Value $460,254 | Tax Amount $5,582.84 | Change Rate -0.181333% | Assessed CR | Tax Rate +0.009539% |
| Year 2015 | Assessed Value $690,648 | Land Value $170,000 | Improvement Value $520,648 | Tax Amount $6,819.43 | Change Rate +0.060693% | Assessed CR | Tax Rate +0.009874% |
| Year 2014 | Assessed Value $690,648 | Land Value $170,000 | Improvement Value $520,648 | Tax Amount $6,429.22 | Change Rate | Assessed CR | Tax Rate +0.009309% |