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206 Palace Grn; Cary, NC Property Details

206 Palace Grn, Cary, NC is a Single Family that was built in 1991. This property is currently Financed and is not for sale. Our records show that 206 Palace Grn has 3 bedrooms, and 2 bathrooms, and a total of 2,042 square feet. The lot size of 206 Palace Grn is 7,841 square feet.

Off market
206 Palace Grn Cary, NC 27518
$590,000 Listing Price
3 Beds
2 Baths
2,042 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1991
  • Purchase Price: $590,000
  • Open Loans / Balance: 1 / $481,687
  • Est. Equity / %: $123,313 / 20.38%
  • Gross Yield: 4.996%
  • APN: 0761.07-59-3762-000
  • Situs County: Wake
  • Length Of Ownership: 2 years

Rooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Total Rooms: 8

Structure

  • Building Style: Frame
  • Stories: 2
  • Building Condition: Average
  • Roof Type: Gable
  • Porch Type: Open
  • Sewer Type: Yes
  • Water Source: Yes
  • Patio Type: Patio

Measurements

  • Total: 2,042/SqFt
  • Lot: 7,841/SqFt
  • Gross: 2,042/SqFt
  • Garage: 440/SqFt
  • Living: 2,042/SqFt
  • Building: 2,042/SqFt
  • Garage Unfinished: 440/SqFt
  • Price Per Square Foot: $288.93

Legal Description

  • Description: LO28 LOCHBAIN SUB PH1 BM1990-1384
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: AE / High Risk
  • School District: Wake County Schools
  • Lat / Lon: 35.727333 / -78.77977
  • Subdivision: Lochbain Sub Ph1
  • Property Class: Residential
  • Zoning: TRP
  • County Use Code: 01

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 9439
  • Bathroom Fixtures: 7
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Garage
  • Heating: Forced air unit

HOA

  • H O A One: $774
  • H O A Amount: $774
  • H O A One Frequency: Annual
  • H O A One Type: Planned Unit Development

Ownership Info

206 Palace Grn has no associated ownership info
206 Palace Grn has no associated ownership info.

Taxes

206 Palace Grn has 10 associated Taxes items

206 Palace Grn, 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 $520,656. The APN we've located for 206 Palace Grn is 0761.07-59-3762-000.

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Taxes
  • Assessed Value:  $520,656
  • Assessed Year:  2025
  • Assessed County:  Wake
  • APN:  0761.07-59-3762-000
  • Assessed Land Value:  180000
  • Market Land Value:  180000
  • Tax Amount:  4482.54
  • Tax Year:  2025
  • Market Value:  520656
  • Market Year:  2025

Tax History

206 Palace Grn has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $520,656 Land Value $180,000 Improvement Value $340,656 Tax Amount $4,482.54 Change Rate +0.022081% Assessed CR Tax Rate +0.008609%
Year 2024 Assessed Value $520,656 Land Value $180,000 Improvement Value $340,656 Tax Amount $4,385.7 Change Rate +0.203302% Assessed CR Tax Rate +0.008423%
Year 2023 Assessed Value $361,749 Land Value $76,000 Improvement Value $285,749 Tax Amount $3,644.72 Change Rate +0.038657% Assessed CR Tax Rate +0.010075%
Year 2022 Assessed Value $361,749 Land Value $76,000 Improvement Value $285,749 Tax Amount $3,509.07 Change Rate +0.020518% Assessed CR Tax Rate +0.0097%
Year 2021 Assessed Value $361,749 Land Value $76,000 Improvement Value $285,749 Tax Amount $3,438.52 Change Rate -0.005233% Assessed CR Tax Rate +0.009505%
Year 2020 Assessed Value $361,749 Land Value $76,000 Improvement Value $285,749 Tax Amount $3,456.61 Change Rate +0.052116% Assessed CR Tax Rate +0.009555%
Year 2019 Assessed Value $304,977 Land Value $90,000 Improvement Value $214,977 Tax Amount $3,285.39 Change Rate +0.065581% Assessed CR Tax Rate +0.010773%
Year 2018 Assessed Value $304,977 Land Value $90,000 Improvement Value $214,977 Tax Amount $3,083.19 Change Rate +0.040553% Assessed CR Tax Rate +0.01011%
Year 2017 Assessed Value $304,977 Land Value $90,000 Improvement Value $214,977 Tax Amount $2,963.03 Change Rate +0.01515% Assessed CR Tax Rate +0.009716%
Year 2016 Assessed Value $304,977 Land Value $90,000 Improvement Value $214,977 Tax Amount $2,918.81 Change Rate +0.017596% Assessed CR Tax Rate +0.009571%
Year 2015 Assessed Value $289,318 Land Value $74,000 Improvement Value $215,318 Tax Amount $2,868.34 Change Rate +0.060435% Assessed CR Tax Rate +0.009914%
Year 2014 Assessed Value $289,318 Land Value $74,000 Improvement Value $215,318 Tax Amount $2,704.87 Change Rate Assessed CR Tax Rate +0.009349%