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125 Summer Lakes Dr; Cary, NC Property Details

125 Summer Lakes Dr, Cary, NC is a Single Family that was built in 1992. This property is currently Financed and is for sale. Our records show that 125 Summer Lakes Dr has 5 bedrooms, and 3.5 bathrooms, and a total of 3,519 square feet. The lot size of 125 Summer Lakes Dr is 19,166 square feet.

On Market for 30 days
125 Summer Lakes Dr Cary, NC 27513
$1,249,900 Listing Price
5 Beds
3.5 Baths
3,519 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Multiple
  • Owner Status: Multiple
  • Year Built: 1992
  • Purchase Price: $423,000
  • Est. Equity / %: $1,248,000 / 100%
  • Gross Yield: 5.952%
  • APN: 0754.13-03-5998-000
  • Situs County: Wake
  • Length Of Ownership: 25 years, 8 months

Rooms

  • Bedrooms: 5
  • Bathrooms: 3.5
  • Full Bathrooms: 3
  • Total Rooms: 9
  • Partial Bathrooms: 1

Structure

  • Building Style: Frame
  • Stories: 1.75
  • Building Condition: Excellent
  • Building Quality: B
  • Roof Type: Gable
  • Sewer Type: Yes
  • Water Source: Yes
  • Deck: true

Measurements

  • Total: 3,519/SqFt
  • Lot: 19,166/SqFt
  • Gross: 3,519/SqFt
  • Garage: 567/SqFt
  • Living: 3,519/SqFt
  • Building: 3,519/SqFt
  • Garage Unfinished: 567/SqFt
  • Price Per Square Foot: $120.20

Legal Description

  • Description: LO16 PRESTON FAIRWAYS PH1 BM1987-01489
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: 35.794052 / -78.82938
  • Subdivision: Preston Fairways Ph1
  • Property Class: Residential
  • Zoning: R12P
  • County Use Code: 01

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 3419
  • Bathroom Fixtures: 10
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Garage
  • Heating: Forced air unit

HOA

  • H O A One: $450
  • H O A Amount: $450
  • H O A One Type: Planned Unit Development

Ownership Info

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

Taxes

125 Summer Lakes Dr has 10 associated Taxes items

125 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 $1,191,948. The APN we've located for 125 Summer Lakes Dr is 0754.13-03-5998-000.

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Taxes
  • Assessed Value:  $1,191,948
  • Assessed Year:  2025
  • Assessed County:  Wake
  • APN:  0754.13-03-5998-000
  • Assessed Land Value:  425000
  • Market Land Value:  425000
  • Tax Amount:  10236.18
  • Tax Year:  2025
  • Market Value:  1191948
  • Market Year:  2025

Tax History

125 Summer Lakes Dr has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $1,191,948 Land Value $425,000 Improvement Value $766,948 Tax Amount $10,236.18 Change Rate +0.022138% Assessed CR Tax Rate +0.008588%
Year 2024 Assessed Value $1,191,948 Land Value $425,000 Improvement Value $766,948 Tax Amount $10,014.48 Change Rate +0.43506% Assessed CR Tax Rate +0.008402%
Year 2023 Assessed Value $694,455 Land Value $223,000 Improvement Value $471,455 Tax Amount $6,978.44 Change Rate +0.038764% Assessed CR Tax Rate +0.010049%
Year 2022 Assessed Value $694,455 Land Value $223,000 Improvement Value $471,455 Tax Amount $6,718.02 Change Rate +0.020572% Assessed CR Tax Rate +0.009674%
Year 2021 Assessed Value $694,455 Land Value $223,000 Improvement Value $471,455 Tax Amount $6,582.6 Change Rate -0.005247% Assessed CR Tax Rate +0.009479%
Year 2020 Assessed Value $694,455 Land Value $223,000 Improvement Value $471,455 Tax Amount $6,617.32 Change Rate -0.073629% Assessed CR Tax Rate +0.009529%
Year 2019 Assessed Value $665,290 Land Value $210,000 Improvement Value $455,290 Tax Amount $7,143.27 Change Rate +0.065813% Assessed CR Tax Rate +0.010737%
Year 2018 Assessed Value $665,290 Land Value $210,000 Improvement Value $455,290 Tax Amount $6,702.18 Change Rate +0.040703% Assessed CR Tax Rate +0.010074%
Year 2017 Assessed Value $665,290 Land Value $210,000 Improvement Value $455,290 Tax Amount $6,440.05 Change Rate +0.015206% Assessed CR Tax Rate +0.00968%
Year 2016 Assessed Value $665,290 Land Value $210,000 Improvement Value $455,290 Tax Amount $6,343.59 Change Rate +0.057789% Assessed CR Tax Rate +0.009535%
Year 2015 Assessed Value $630,467 Land Value $180,000 Improvement Value $450,467 Tax Amount $5,997.03 Change Rate +0.021514% Assessed CR Tax Rate +0.009512%
Year 2014 Assessed Value $630,467 Land Value $180,000 Improvement Value $450,467 Tax Amount $5,870.73 Change Rate Assessed CR Tax Rate +0.009312%