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406 Palace Grn; Cary, NC Property Details

406 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 406 Palace Grn has 3 bedrooms, and 2.5 bathrooms, and a total of 2,161 square feet. The lot size of 406 Palace Grn is 10,454 square feet.

Off market
406 Palace Grn Cary, NC 27518
$220,000 Listing Price
3 Beds
2.5 Baths
2,161 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1993
  • Purchase Price: $220,000
  • Est. Equity / %: $576,000 / 100%
  • Gross Yield: 5.65%
  • APN: 0762.19-50-8181-000
  • Situs County: Wake
  • Length Of Ownership: 23 years, 3 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 2.5
  • Full Bathrooms: 2
  • Total Rooms: 6
  • Partial Bathrooms: 1

Structure

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

Measurements

  • Total: 2,161/SqFt
  • Lot: 10,454/SqFt
  • Gross: 2,161/SqFt
  • Garage: 484/SqFt
  • Living: 2,161/SqFt
  • Building: 2,161/SqFt
  • Garage Unfinished: 484/SqFt
  • Price Per Square Foot: $101.80

Legal Description

  • Description: LO45 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: 35.72845 / -78.77795
  • Subdivision: Lochbain Sub Ph2
  • Property Class: Residential
  • Zoning: TRP
  • County Use Code: 01

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 8410
  • 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

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

Taxes

406 Palace Grn has 8 associated Taxes items

406 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 $560,620. The APN we've located for 406 Palace Grn is 0762.19-50-8181-000.

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Taxes
  • Assessed Value:  $560,620
  • Assessed Year:  2025
  • Assessed County:  Wake
  • APN:  0762.19-50-8181-000
  • Assessed Land Value:  180000
  • Market Land Value:  180000
  • Market Value:  560620
  • Market Year:  2025

Tax History

406 Palace Grn has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $560,620 Land Value $180,000 Improvement Value $380,620 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $560,620 Land Value $180,000 Improvement Value $380,620 Tax Amount $4,720.8 Change Rate +0.232405% Assessed CR Tax Rate +0.008421%
Year 2023 Assessed Value $380,296 Land Value $76,000 Improvement Value $304,296 Tax Amount $3,830.56 Change Rate +0.038669% Assessed CR Tax Rate +0.010073%
Year 2022 Assessed Value $380,296 Land Value $76,000 Improvement Value $304,296 Tax Amount $3,687.95 Change Rate +0.020519% Assessed CR Tax Rate +0.009698%
Year 2021 Assessed Value $380,296 Land Value $76,000 Improvement Value $304,296 Tax Amount $3,613.8 Change Rate -0.005236% Assessed CR Tax Rate +0.009503%
Year 2020 Assessed Value $380,296 Land Value $76,000 Improvement Value $304,296 Tax Amount $3,632.82 Change Rate +0.049909% Assessed CR Tax Rate +0.009553%
Year 2019 Assessed Value $321,297 Land Value $90,000 Improvement Value $231,297 Tax Amount $3,460.13 Change Rate +0.125176% Assessed CR Tax Rate +0.010769%
Year 2018 Assessed Value $304,181 Land Value $90,000 Improvement Value $214,181 Tax Amount $3,075.19 Change Rate +0.040554% Assessed CR Tax Rate +0.01011%
Year 2017 Assessed Value $304,181 Land Value $90,000 Improvement Value $214,181 Tax Amount $2,955.34 Change Rate +0.015148% Assessed CR Tax Rate +0.009716%
Year 2016 Assessed Value $304,181 Land Value $90,000 Improvement Value $214,181 Tax Amount $2,911.24 Change Rate +0.018269% Assessed CR Tax Rate +0.009571%
Year 2015 Assessed Value $288,371 Land Value $74,000 Improvement Value $214,371 Tax Amount $2,859.01 Change Rate Assessed CR Tax Rate +0.009914%
Year 2014 Assessed Value $288,371 Land Value $74,000 Improvement Value $214,371 Tax Amount Change Rate Assessed CR Tax Rate