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402 New Rail Dr; Cary, NC Property Details

402 New Rail Dr, Cary, NC is a Single Family that was built in 1993. This property is not for sale. Our records show that 402 New Rail Dr has 2.5 bathrooms, and a total of 2,154 square feet. The lot size of 402 New Rail Dr is 15,682 square feet.

Off market
402 New Rail Dr Cary, NC 27513
$518,695 Estimated Value
2.5 Baths
2,154 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1993
  • Purchase Price: $178,500
  • Open Loans / Balance: 2 / $114,448
  • Est. Equity / %: $468,552 / 80.37%
  • Gross Yield: 5.697%
  • APN: 0754.08-99-0849-000
  • Situs County: Wake
  • Length Of Ownership: 32 years, 3 months

Rooms

  • Bathrooms: 2.5
  • Full Bathrooms: 2
  • Total Rooms: 7
  • Partial Bathrooms: 1

Structure

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

Measurements

  • Total: 2,154/SqFt
  • Lot: 15,682/SqFt
  • Gross: 2,154/SqFt
  • Garage: 462/SqFt
  • Living: 2,154/SqFt
  • Building: 2,154/SqFt
  • Garage Unfinished: 462/SqFt
  • Price Per Square Foot: $82.87

Legal Description

  • Description: LO83 SILVER OAKS PHII SEA BM1993-477
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: 35.81027 / -78.800835
  • Subdivision: Silver Oaks Phii
  • Property Class: Residential
  • Zoning: R8P
  • County Use Code: 01

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 2730
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Garage
  • Heating: Forced air unit

HOA

  • H O A One: $105
  • H O A Amount: $105
  • H O A One Frequency: Semi-Annual
  • H O A One Type: Planned Unit Development

Ownership Info

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

Taxes

402 New Rail Dr has 10 associated Taxes items

402 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 $518,695. The APN we've located for 402 New Rail Dr is 0754.08-99-0849-000.

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Taxes
  • Assessed Value:  $518,695
  • Assessed Year:  2025
  • Assessed County:  Wake
  • APN:  0754.08-99-0849-000
  • Assessed Land Value:  175000
  • Market Land Value:  175000
  • Tax Amount:  4465.73
  • Tax Year:  2025
  • Market Value:  518695
  • Market Year:  2025

Tax History

402 New Rail Dr has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $518,695 Land Value $175,000 Improvement Value $343,695 Tax Amount $4,465.73 Change Rate +0.022079% Assessed CR Tax Rate +0.00861%
Year 2024 Assessed Value $518,695 Land Value $175,000 Improvement Value $343,695 Tax Amount $4,369.26 Change Rate +0.29129% Assessed CR Tax Rate +0.008424%
Year 2023 Assessed Value $335,693 Land Value $113,000 Improvement Value $222,693 Tax Amount $3,383.64 Change Rate +0.03864% Assessed CR Tax Rate +0.01008%
Year 2022 Assessed Value $335,693 Land Value $113,000 Improvement Value $222,693 Tax Amount $3,257.76 Change Rate +0.020506% Assessed CR Tax Rate +0.009705%
Year 2021 Assessed Value $335,693 Land Value $113,000 Improvement Value $222,693 Tax Amount $3,192.3 Change Rate -0.005232% Assessed CR Tax Rate +0.00951%
Year 2020 Assessed Value $335,693 Land Value $113,000 Improvement Value $222,693 Tax Amount $3,209.09 Change Rate -0.032264% Assessed CR Tax Rate +0.00956%
Year 2019 Assessed Value $307,844 Land Value $124,000 Improvement Value $183,844 Tax Amount $3,316.08 Change Rate +0.065585% Assessed CR Tax Rate +0.010772%
Year 2018 Assessed Value $307,844 Land Value $124,000 Improvement Value $183,844 Tax Amount $3,111.98 Change Rate +0.040556% Assessed CR Tax Rate +0.010109%
Year 2017 Assessed Value $307,844 Land Value $124,000 Improvement Value $183,844 Tax Amount $2,990.69 Change Rate +0.015152% Assessed CR Tax Rate +0.009715%
Year 2016 Assessed Value $307,844 Land Value $124,000 Improvement Value $183,844 Tax Amount $2,946.05 Change Rate +0.100644% Assessed CR Tax Rate +0.00957%
Year 2015 Assessed Value $269,849 Land Value $100,000 Improvement Value $169,849 Tax Amount $2,676.66 Change Rate Assessed CR Tax Rate +0.009919%
Year 2014 Assessed Value $269,849 Land Value $100,000 Improvement Value $169,849 Tax Amount Change Rate Assessed CR Tax Rate