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406 Lantern Ridge Ln; Cary, NC Property Details

406 Lantern Ridge Ln, Cary, NC is a Single Family that was built in 2006. This property is currently Cash Purchase,New Construction and is not for sale. Our records show that 406 Lantern Ridge Ln has 4 bedrooms, and 3.5 bathrooms, and a total of 4,812 square feet. The lot size of 406 Lantern Ridge Ln is 13,939 square feet.

For Rent
406 Lantern Ridge Ln Cary, NC 27519
$3,150 Listing Price
4 Beds
3.5 Baths
4,812 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 2006
  • Purchase Price: $714,000
  • Open Loans / Balance: 1 / $550,333
  • Est. Equity / %: $811,667 / 59.59%
  • Gross Yield: 4.803%
  • APN: 0724.02-69-4364-000
  • Situs County: Wake
  • Length Of Ownership: 19 years, 6 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 3.5
  • Full Bathrooms: 3
  • Partial Bathrooms: 1

Structure

  • Building Style: Brick
  • Stories: 1.75
  • Exterior Wall Type: Brick
  • Building Quality: B
  • Porch Type: Open
  • Sewer Type: Yes
  • Water Source: Yes
  • Patio Type: Patio

Measurements

  • Total: 4,812/SqFt
  • Lot: 13,939/SqFt
  • Gross: 4,812/SqFt
  • Garage: 644/SqFt
  • Living: 4,812/SqFt
  • Building: 4,812/SqFt
  • Garage Unfinished: 644/SqFt
  • Price Per Square Foot: $148.38

Legal Description

  • Description: LO53 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: 35.8089 / -78.91073
  • Subdivision: Southbridge Ph2b
  • Property Class: Residential
  • Zoning: R8P
  • County Use Code: 01

Amenities

  • Plus Four: 8850
  • 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

406 Lantern Ridge Ln has no associated ownership info
406 Lantern Ridge Ln has no associated ownership info.

Taxes

406 Lantern Ridge Ln has 10 associated Taxes items

406 Lantern Ridge 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 $1,177,725. The APN we've located for 406 Lantern Ridge Ln is 0724.02-69-4364-000.

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Taxes
  • Assessed Value:  $1,177,725
  • Assessed Year:  2025
  • Assessed County:  Wake
  • APN:  0724.02-69-4364-000
  • Assessed Land Value:  240000
  • Market Land Value:  240000
  • Tax Amount:  10114.29
  • Tax Year:  2025
  • Market Value:  1177725
  • Market Year:  2025

Tax History

406 Lantern Ridge Ln has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $1,177,725 Land Value $240,000 Improvement Value $937,725 Tax Amount $10,114.29 Change Rate +0.022138% Assessed CR Tax Rate +0.008588%
Year 2024 Assessed Value $1,177,725 Land Value $240,000 Improvement Value $937,725 Tax Amount $9,895.23 Change Rate +0.300278% Assessed CR Tax Rate +0.008402%
Year 2023 Assessed Value $757,494 Land Value $180,000 Improvement Value $577,494 Tax Amount $7,610.09 Change Rate +0.038774% Assessed CR Tax Rate +0.010046%
Year 2022 Assessed Value $757,494 Land Value $180,000 Improvement Value $577,494 Tax Amount $7,326.03 Change Rate +0.020579% Assessed CR Tax Rate +0.009671%
Year 2021 Assessed Value $757,494 Land Value $180,000 Improvement Value $577,494 Tax Amount $7,178.31 Change Rate -0.005249% Assessed CR Tax Rate +0.009476%
Year 2020 Assessed Value $757,494 Land Value $180,000 Improvement Value $577,494 Tax Amount $7,216.19 Change Rate -0.030818% Assessed CR Tax Rate +0.009526%
Year 2019 Assessed Value $693,532 Land Value $160,000 Improvement Value $533,532 Tax Amount $7,445.65 Change Rate +0.065822% Assessed CR Tax Rate +0.010736%
Year 2018 Assessed Value $693,532 Land Value $160,000 Improvement Value $533,532 Tax Amount $6,985.83 Change Rate +0.040707% Assessed CR Tax Rate +0.010073%
Year 2017 Assessed Value $693,532 Land Value $160,000 Improvement Value $533,532 Tax Amount $6,712.58 Change Rate +0.015209% Assessed CR Tax Rate +0.009679%
Year 2016 Assessed Value $693,532 Land Value $160,000 Improvement Value $533,532 Tax Amount $6,612.02 Change Rate Assessed CR Tax Rate +0.009534%
Year 2015 Assessed Value $680,926 Land Value $150,000 Improvement Value $530,926 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $680,926 Land Value $150,000 Improvement Value $530,926 Tax Amount $6,338.99 Change Rate Assessed CR Tax Rate +0.009309%