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205 New Rail Dr; Cary, NC Property Details

205 New Rail Dr, Cary, NC is a Single Family that was built in 1993. This property is currently Financed and is not for sale. Our records show that 205 New Rail Dr has 4 bedrooms, and 2.5 bathrooms, and a total of 2,662 square feet. The lot size of 205 New Rail Dr is 12,197 square feet.

Off market
205 New Rail Dr Cary, NC 27513
$320,000 Listing Price
4 Beds
2.5 Baths
2,662 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1993
  • Purchase Price: $320,000
  • Open Loans / Balance: 1 / $194,019
  • Est. Equity / %: $429,981 / 68.91%
  • Gross Yield: 5.946%
  • APN: 0755.04-90-8284-000
  • Situs County: Wake
  • Length Of Ownership: 11 years, 8 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 2.5
  • Full Bathrooms: 2
  • Total Rooms: 8
  • Partial Bathrooms: 1

Structure

  • Building Style: Frame
  • Stories: 2
  • Building Condition: Average
  • Roof Type: Gable
  • Sewer Type: Yes
  • Water Source: Yes
  • Deck: true

Measurements

  • Total: 2,662/SqFt
  • Lot: 12,197/SqFt
  • Gross: 2,662/SqFt
  • Garage: 506/SqFt
  • Living: 2,662/SqFt
  • Building: 2,662/SqFt
  • Garage Unfinished: 506/SqFt
  • Price Per Square Foot: $120.21

Legal Description

  • Description: LO52 SILVER OAKS SUB PH1 SC2 BM1992-541
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: 35.811172 / -78.798065
  • Subdivision: Silver Oaks Sub Ph1
  • Property Class: Residential
  • Zoning: R8P
  • County Use Code: 01

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 2723
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Garage
  • Heating: Forced air unit

HOA

  • H O A One: $180
  • H O A Amount: $180
  • H O A One Frequency: Annual
  • H O A One Type: Planned Unit Development

Ownership Info

205 New Rail Dr has no associated ownership info
205 New Rail Dr has no associated ownership info.

Taxes

205 New Rail Dr has 10 associated Taxes items

205 New Rail 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 $579,474. The APN we've located for 205 New Rail Dr is 0755.04-90-8284-000.

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Taxes
  • Assessed Value:  $579,474
  • Assessed Year:  2025
  • Assessed County:  Wake
  • APN:  0755.04-90-8284-000
  • Assessed Land Value:  175000
  • Market Land Value:  175000
  • Tax Amount:  4986.67
  • Tax Year:  2025
  • Market Value:  579474
  • Market Year:  2025

Tax History

205 New Rail Dr has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $579,474 Land Value $175,000 Improvement Value $404,474 Tax Amount $4,986.67 Change Rate +0.022091% Assessed CR Tax Rate +0.008606%
Year 2024 Assessed Value $579,474 Land Value $175,000 Improvement Value $404,474 Tax Amount $4,878.89 Change Rate +0.286173% Assessed CR Tax Rate +0.00842%
Year 2023 Assessed Value $376,581 Land Value $113,000 Improvement Value $263,581 Tax Amount $3,793.34 Change Rate +0.09623% Assessed CR Tax Rate +0.010073%
Year 2022 Assessed Value $356,698 Land Value $113,000 Improvement Value $243,698 Tax Amount $3,460.35 Change Rate +0.020511% Assessed CR Tax Rate +0.009701%
Year 2021 Assessed Value $356,698 Land Value $113,000 Improvement Value $243,698 Tax Amount $3,390.8 Change Rate -0.005231% Assessed CR Tax Rate +0.009506%
Year 2020 Assessed Value $356,698 Land Value $113,000 Improvement Value $243,698 Tax Amount $3,408.63 Change Rate -0.027034% Assessed CR Tax Rate +0.009556%
Year 2019 Assessed Value $325,333 Land Value $124,000 Improvement Value $201,333 Tax Amount $3,503.34 Change Rate +0.065606% Assessed CR Tax Rate +0.010768%
Year 2018 Assessed Value $325,333 Land Value $124,000 Improvement Value $201,333 Tax Amount $3,287.65 Change Rate +0.060023% Assessed CR Tax Rate +0.010105%
Year 2017 Assessed Value $319,326 Land Value $124,000 Improvement Value $195,326 Tax Amount $3,101.49 Change Rate +0.015155% Assessed CR Tax Rate +0.009713%
Year 2016 Assessed Value $319,326 Land Value $124,000 Improvement Value $195,326 Tax Amount $3,055.19 Change Rate +0.103805% Assessed CR Tax Rate +0.009568%
Year 2015 Assessed Value $279,113 Land Value $100,000 Improvement Value $179,113 Tax Amount $2,767.87 Change Rate +0.060418% Assessed CR Tax Rate +0.009917%
Year 2014 Assessed Value $279,113 Land Value $100,000 Improvement Value $179,113 Tax Amount $2,610.17 Change Rate Assessed CR Tax Rate +0.009352%