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3002 Mill Gate Ln; Cary, NC Property Details

3002 Mill Gate Ln, Cary, NC is a Single Family that was built in 2007. This property is currently Financed and is not for sale. Our records show that 3002 Mill Gate Ln has 5 bedrooms, and 3.5 bathrooms, and a total of 5,006 square feet. The lot size of 3002 Mill Gate Ln is 16,117 square feet.

Off market
3002 Mill Gate Ln Cary, NC 27519
$740,000 Listing Price
5 Beds
3.5 Baths
5,006 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 2007
  • Purchase Price: $740,000
  • Open Loans / Balance: 1 / $586,800
  • Est. Equity / %: $618,200 / 51.3%
  • Gross Yield: 5.587%
  • APN: 0724.02-69-2164-000
  • Situs County: Wake
  • Length Of Ownership: 6 years

Rooms

  • Bedrooms: 5
  • Bathrooms: 3.5
  • Full Bathrooms: 3
  • Partial Bathrooms: 1

Structure

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

Measurements

  • Total: 5,006/SqFt
  • Lot: 16,117/SqFt
  • Gross: 5,006/SqFt
  • Garage: 484/SqFt
  • Living: 5,006/SqFt
  • Basement: 1,380/SqFt
  • Building: 5,006/SqFt
  • Garage Unfinished: 484/SqFt
  • Price Per Square Foot: $147.82

Legal Description

  • Description: LO69 SOUTHBRIDGE PH2B BM2005-00979
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: 35.808342 / -78.91144
  • Subdivision: Southbridge Ph2b
  • Property Class: Residential
  • Zoning: R8P
  • County Use Code: 01

Amenities

  • Plus Four: 9408
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Garage
  • Heating: Forced air unit

HOA

  • H O A One: $425
  • H O A Amount: $425
  • H O A One Frequency: Annual
  • H O A One Type: Planned Unit Development

Ownership Info

3002 Mill Gate Ln has no associated ownership info
3002 Mill Gate Ln has no associated ownership info.

Taxes

3002 Mill Gate Ln has 10 associated Taxes items

3002 Mill Gate 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 $1,211,933. The APN we've located for 3002 Mill Gate Ln is 0724.02-69-2164-000.

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Taxes
  • Assessed Value:  $1,211,933
  • Assessed Year:  2025
  • Assessed County:  Wake
  • APN:  0724.02-69-2164-000
  • Assessed Land Value:  240000
  • Market Land Value:  240000
  • Tax Amount:  10407.48
  • Tax Year:  2025
  • Market Value:  1211933
  • Market Year:  2025

Tax History

3002 Mill Gate Ln has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $1,211,933 Land Value $240,000 Improvement Value $971,933 Tax Amount $10,407.48 Change Rate +0.022139% Assessed CR Tax Rate +0.008588%
Year 2024 Assessed Value $1,211,933 Land Value $240,000 Improvement Value $971,933 Tax Amount $10,182.06 Change Rate +0.44657% Assessed CR Tax Rate +0.008402%
Year 2023 Assessed Value $700,475 Land Value $180,000 Improvement Value $520,475 Tax Amount $7,038.76 Change Rate +0.038766% Assessed CR Tax Rate +0.010049%
Year 2022 Assessed Value $700,475 Land Value $180,000 Improvement Value $520,475 Tax Amount $6,776.08 Change Rate +0.020572% Assessed CR Tax Rate +0.009674%
Year 2021 Assessed Value $700,475 Land Value $180,000 Improvement Value $520,475 Tax Amount $6,639.49 Change Rate -0.005247% Assessed CR Tax Rate +0.009479%
Year 2020 Assessed Value $700,475 Land Value $180,000 Improvement Value $520,475 Tax Amount $6,674.51 Change Rate -0.09144% Assessed CR Tax Rate +0.009529%
Year 2019 Assessed Value $684,249 Land Value $160,000 Improvement Value $524,249 Tax Amount $7,346.25 Change Rate +0.065817% Assessed CR Tax Rate +0.010736%
Year 2018 Assessed Value $684,249 Land Value $160,000 Improvement Value $524,249 Tax Amount $6,892.6 Change Rate +0.040707% Assessed CR Tax Rate +0.010073%
Year 2017 Assessed Value $684,249 Land Value $160,000 Improvement Value $524,249 Tax Amount $6,623 Change Rate +0.015207% Assessed CR Tax Rate +0.009679%
Year 2016 Assessed Value $684,249 Land Value $160,000 Improvement Value $524,249 Tax Amount $6,523.79 Change Rate -0.079885% Assessed CR Tax Rate +0.009534%
Year 2015 Assessed Value $718,150 Land Value $150,000 Improvement Value $568,150 Tax Amount $7,090.19 Change Rate +0.060701% Assessed CR Tax Rate +0.009873%
Year 2014 Assessed Value $677,119 Land Value $150,000 Improvement Value $527,119 Tax Amount $6,684.44 Change Rate Assessed CR Tax Rate +0.009872%