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3148 Rapid Falls Rd; Cary, NC Property Details

3148 Rapid Falls Rd, 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 3148 Rapid Falls Rd has 2 bedrooms, and 2.5 bathrooms, and a total of 1,700 square feet. The lot size of 3148 Rapid Falls Rd is 1,742 square feet.

For Rent
3148 Rapid Falls Rd Cary, NC 27519
$1,995 Listing Price
2 Beds
2.5 Baths
1,700 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Trust
  • Owner Status: Trust
  • Year Built: 2007
  • Purchase Price: $260,000
  • Open Loans / Balance: 1 / $191,875
  • Est. Equity / %: $189,125 / 49.64%
  • Gross Yield: 6.233%
  • APN: 0745.01-48-2481-000
  • Situs County: Wake
  • Length Of Ownership: 6 years, 7 months

Rooms

  • Bedrooms: 2
  • Bathrooms: 2.5
  • Full Bathrooms: 2
  • Partial Bathrooms: 1

Structure

  • Building Style: Frame
  • Stories: 2

Measurements

  • Total: 1,700/SqFt
  • Lot: 1,742/SqFt
  • Gross: 1,700/SqFt
  • Living: 1,700/SqFt
  • Building: 1,700/SqFt
  • Price Per Square Foot: $152.94

Legal Description

  • Description: LO869 WESTPORT @ TWIN LAKES PH2 BM2006-0
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: 35.83374 / -78.8506
  • Subdivision: Westport @ Twin Lakes Ph2
  • Property Class: Residential
  • Zoning: RMFP
  • County Use Code: 01

Amenities

  • Plus Four: 6476
  • Cooling: Central
  • Heating: Forced air unit

HOA

  • H O A One: $240
  • H O A Amount: $240
  • H O A One Frequency: Quarterly
  • H O A One Type: Planned Unit Development

Ownership Info

3148 Rapid Falls Rd has no associated ownership info
3148 Rapid Falls Rd has no associated ownership info.

Taxes

3148 Rapid Falls Rd has 10 associated Taxes items

3148 Rapid Falls Rd, 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 $373,649. The APN we've located for 3148 Rapid Falls Rd is 0745.01-48-2481-000.

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Taxes
  • Assessed Value:  $373,649
  • Assessed Year:  2025
  • Assessed County:  Wake
  • APN:  0745.01-48-2481-000
  • Assessed Land Value:  90000
  • Market Land Value:  90000
  • Tax Amount:  3222.55
  • Tax Year:  2025
  • Market Value:  373649
  • Market Year:  2025

Tax History

3148 Rapid Falls Rd has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $373,649 Land Value $90,000 Improvement Value $283,649 Tax Amount $3,222.55 Change Rate +0.022042% Assessed CR Tax Rate +0.008625%
Year 2024 Assessed Value $373,649 Land Value $90,000 Improvement Value $283,649 Tax Amount $3,153.05 Change Rate +0.263864% Assessed CR Tax Rate +0.008439%
Year 2023 Assessed Value $246,984 Land Value $63,000 Improvement Value $183,984 Tax Amount $2,494.77 Change Rate +0.038553% Assessed CR Tax Rate +0.010101%
Year 2022 Assessed Value $246,984 Land Value $63,000 Improvement Value $183,984 Tax Amount $2,402.16 Change Rate +0.020463% Assessed CR Tax Rate +0.009726%
Year 2021 Assessed Value $246,984 Land Value $63,000 Improvement Value $183,984 Tax Amount $2,353.99 Change Rate -0.005219% Assessed CR Tax Rate +0.009531%
Year 2020 Assessed Value $246,984 Land Value $63,000 Improvement Value $183,984 Tax Amount $2,366.34 Change Rate +0.175424% Assessed CR Tax Rate +0.009581%
Year 2019 Assessed Value $186,157 Land Value $50,000 Improvement Value $136,157 Tax Amount $2,013.18 Change Rate +0.06531% Assessed CR Tax Rate +0.010814%
Year 2018 Assessed Value $186,157 Land Value $50,000 Improvement Value $136,157 Tax Amount $1,889.76 Change Rate +0.040376% Assessed CR Tax Rate +0.010151%
Year 2017 Assessed Value $186,157 Land Value $50,000 Improvement Value $136,157 Tax Amount $1,816.42 Change Rate +0.015089% Assessed CR Tax Rate +0.009757%
Year 2016 Assessed Value $186,157 Land Value $50,000 Improvement Value $136,157 Tax Amount $1,789.42 Change Rate -0.081289% Assessed CR Tax Rate +0.009612%
Year 2015 Assessed Value $195,810 Land Value $58,900 Improvement Value $136,910 Tax Amount $1,947.75 Change Rate +0.060219% Assessed CR Tax Rate +0.009947%
Year 2014 Assessed Value $195,810 Land Value $58,900 Improvement Value $136,910 Tax Amount $1,837.12 Change Rate Assessed CR Tax Rate +0.009382%