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118 Thornewood Dr; Cary, NC Property Details

118 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 118 Thornewood Dr has 4 bedrooms, and 2 bathrooms, and a total of 2,409 square feet. The lot size of 118 Thornewood Dr is 24,829 square feet.

Off market
118 Thornewood Dr Cary, NC 27518
$300,000 Listing Price
4 Beds
2 Baths
2,409 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1985
  • Purchase Price: $297,500
  • Open Loans / Balance: 1 / $360,870
  • Est. Equity / %: $254,130 / 41.32%
  • Gross Yield: 5.696%
  • APN: 0762.11-65-8803-000
  • Situs County: Wake
  • Length Of Ownership: 19 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: 2,409/SqFt
  • Lot: 24,829/SqFt
  • Gross: 2,409/SqFt
  • Garage: 644/SqFt
  • Living: 2,409/SqFt
  • Building: 2,409/SqFt
  • Garage Unfinished: 644/SqFt
  • Price Per Square Foot: $123.50

Legal Description

  • Description: LO14 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: 35.74413 / -78.77492
  • Subdivision: Thornewood Sub
  • Property Class: Residential
  • Zoning: R12
  • County Use Code: 01

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 9733
  • Bathroom Fixtures: 7
  • 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

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

Taxes

118 Thornewood Dr has 10 associated Taxes items

118 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 $581,059. The APN we've located for 118 Thornewood Dr is 0762.11-65-8803-000.

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Taxes
  • Assessed Value:  $581,059
  • Assessed Year:  2025
  • Assessed County:  Wake
  • APN:  0762.11-65-8803-000
  • Assessed Land Value:  191250
  • Market Land Value:  191250
  • Tax Amount:  5000.26
  • Tax Year:  2025
  • Market Value:  581059
  • Market Year:  2025

Tax History

118 Thornewood Dr has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $581,059 Land Value $191,250 Improvement Value $389,809 Tax Amount $5,000.26 Change Rate +0.022092% Assessed CR Tax Rate +0.008605%
Year 2024 Assessed Value $581,059 Land Value $191,250 Improvement Value $389,809 Tax Amount $4,892.18 Change Rate +0.242162% Assessed CR Tax Rate +0.008419%
Year 2023 Assessed Value $391,062 Land Value $113,050 Improvement Value $278,012 Tax Amount $3,938.44 Change Rate +0.038676% Assessed CR Tax Rate +0.010071%
Year 2022 Assessed Value $391,062 Land Value $113,050 Improvement Value $278,012 Tax Amount $3,791.79 Change Rate +0.020525% Assessed CR Tax Rate +0.009696%
Year 2021 Assessed Value $391,062 Land Value $113,050 Improvement Value $278,012 Tax Amount $3,715.53 Change Rate -0.005237% Assessed CR Tax Rate +0.009501%
Year 2020 Assessed Value $391,062 Land Value $113,050 Improvement Value $278,012 Tax Amount $3,735.09 Change Rate +0.039399% Assessed CR Tax Rate +0.009551%
Year 2019 Assessed Value $333,755 Land Value $117,300 Improvement Value $216,455 Tax Amount $3,593.51 Change Rate +0.065618% Assessed CR Tax Rate +0.010767%
Year 2018 Assessed Value $331,015 Land Value $117,300 Improvement Value $213,715 Tax Amount $3,372.23 Change Rate +0.049137% Assessed CR Tax Rate +0.010188%
Year 2017 Assessed Value $331,015 Land Value $117,300 Improvement Value $213,715 Tax Amount $3,214.29 Change Rate +0.015156% Assessed CR Tax Rate +0.00971%
Year 2016 Assessed Value $331,015 Land Value $117,300 Improvement Value $213,715 Tax Amount $3,166.3 Change Rate +0.037787% Assessed CR Tax Rate +0.009565%
Year 2015 Assessed Value $307,873 Land Value $93,500 Improvement Value $214,373 Tax Amount $3,051.01 Change Rate +0.060457% Assessed CR Tax Rate +0.00991%
Year 2014 Assessed Value $307,873 Land Value $93,500 Improvement Value $214,373 Tax Amount $2,877.07 Change Rate Assessed CR Tax Rate +0.009345%