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402 Palace Grn; Cary, NC Property Details

402 Palace Grn, 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 402 Palace Grn has 4 bedrooms, and 2 bathrooms, and a total of 2,138 square feet. The lot size of 402 Palace Grn is 10,890 square feet.

Off market
402 Palace Grn Cary, NC 27518
$550,000 Listing Price
4 Beds
2 Baths
2,138 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1993
  • Purchase Price: $550,000
  • Open Loans / Balance: 2 / $405,160
  • Est. Equity / %: $189,840 / 31.91%
  • Gross Yield: 5.492%
  • APN: 0762.19-50-7114-000
  • Situs County: Wake
  • Length Of Ownership: 4 years

Rooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Total Rooms: 8

Structure

  • Building Style: Frame
  • Stories: 1.75
  • Building Condition: Average
  • Roof Type: Gable
  • Sewer Type: Yes
  • Water Source: Yes
  • Deck: true

Measurements

  • Total: 2,138/SqFt
  • Lot: 10,890/SqFt
  • Gross: 2,138/SqFt
  • Garage: 366/SqFt
  • Living: 2,138/SqFt
  • Building: 2,138/SqFt
  • Garage Unfinished: 366/SqFt
  • Price Per Square Foot: $257.25

Legal Description

  • Description: LO43 LOCHBAIN SUB PH2 BM1992-1112
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: 35.7285 / -78.77857
  • Subdivision: Lochbain Sub Ph2
  • Property Class: Residential
  • Zoning: TRP
  • County Use Code: 01

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 8410
  • Bathroom Fixtures: 7
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Garage
  • Heating: Forced air unit

HOA

  • H O A One: $656
  • H O A Amount: $656
  • H O A One Frequency: Annual
  • H O A One Name: Lochmere
  • H O A One Type: Home Owner Association

Ownership Info

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

Taxes

402 Palace Grn has 10 associated Taxes items

402 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 $562,921. The APN we've located for 402 Palace Grn is 0762.19-50-7114-000.

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Taxes
  • Assessed Value:  $562,921
  • Assessed Year:  2025
  • Assessed County:  Wake
  • APN:  0762.19-50-7114-000
  • Assessed Land Value:  180000
  • Market Land Value:  180000
  • Tax Amount:  4844.79
  • Tax Year:  2025
  • Market Value:  562921
  • Market Year:  2025

Tax History

402 Palace Grn has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $562,921 Land Value $180,000 Improvement Value $382,921 Tax Amount $4,844.79 Change Rate +0.022088% Assessed CR Tax Rate +0.008607%
Year 2024 Assessed Value $562,921 Land Value $180,000 Improvement Value $382,921 Tax Amount $4,740.09 Change Rate +0.279221% Assessed CR Tax Rate +0.008421%
Year 2023 Assessed Value $367,809 Land Value $76,000 Improvement Value $291,809 Tax Amount $3,705.45 Change Rate +0.038663% Assessed CR Tax Rate +0.010074%
Year 2022 Assessed Value $367,809 Land Value $76,000 Improvement Value $291,809 Tax Amount $3,567.52 Change Rate +0.020519% Assessed CR Tax Rate +0.009699%
Year 2021 Assessed Value $367,809 Land Value $76,000 Improvement Value $291,809 Tax Amount $3,495.79 Change Rate -0.005233% Assessed CR Tax Rate +0.009504%
Year 2020 Assessed Value $367,809 Land Value $76,000 Improvement Value $291,809 Tax Amount $3,514.18 Change Rate +0.054227% Assessed CR Tax Rate +0.009554%
Year 2019 Assessed Value $309,463 Land Value $90,000 Improvement Value $219,463 Tax Amount $3,333.42 Change Rate +0.065586% Assessed CR Tax Rate +0.010772%
Year 2018 Assessed Value $309,463 Land Value $90,000 Improvement Value $219,463 Tax Amount $3,128.25 Change Rate +0.040558% Assessed CR Tax Rate +0.010109%
Year 2017 Assessed Value $309,463 Land Value $90,000 Improvement Value $219,463 Tax Amount $3,006.32 Change Rate +0.015151% Assessed CR Tax Rate +0.009715%
Year 2016 Assessed Value $309,463 Land Value $90,000 Improvement Value $219,463 Tax Amount $2,961.45 Change Rate +0.017268% Assessed CR Tax Rate +0.00957%
Year 2015 Assessed Value $293,670 Land Value $74,000 Improvement Value $219,670 Tax Amount $2,911.18 Change Rate +0.060439% Assessed CR Tax Rate +0.009913%
Year 2014 Assessed Value $293,670 Land Value $74,000 Improvement Value $219,670 Tax Amount $2,745.26 Change Rate Assessed CR Tax Rate +0.009348%