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408 Madison Ave; Cary, NC Property Details

408 Madison Ave, Cary, NC is a Single Family that was built in 1971. This property is not for sale. Our records show that 408 Madison Ave has 3 bedrooms, and 2 bathrooms, and a total of 1,174 square feet. The lot size of 408 Madison Ave is 16,117 square feet.

Off market
408 Madison Ave Cary, NC 27513
$1,190,000 Listing Price
3 Beds
2 Baths
1,174 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1971
  • Purchase Price: $89,000
  • Open Loans / Balance: 1 / $85,313
  • Est. Equity / %: $320,687 / 78.99%
  • Gross Yield: 5.545%
  • APN: 0764.17-22-3054-000
  • Situs County: Wake
  • Length Of Ownership: 32 years, 1 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Total Rooms: 5

Structure

  • Building Style: Brick
  • Stories: 1
  • Exterior Wall Type: Brick
  • Building Condition: Good
  • Building Quality: C
  • Roof Type: Gable
  • Sewer Type: Yes
  • Water Source: Yes
  • Deck: true

Measurements

  • Total: 1,174/SqFt
  • Lot: 16,117/SqFt
  • Gross: 1,174/SqFt
  • Garage: 330/SqFt
  • Living: 1,174/SqFt
  • Building: 1,174/SqFt
  • Ground: 1,174/SqFt
  • Garage Unfinished: 330/SqFt
  • Price Per Square Foot: $75.81

Legal Description

  • Description: LO2 N DIXON AVE (G D CLAYTON LD)
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: 35.7887 / -78.78975
  • Subdivision: Eric L Cole & Raina M Cole
  • Property Class: Residential
  • Zoning: R12
  • County Use Code: 01

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 4401
  • Cooling: Central
  • Garage: Garage
  • Heating: Forced air unit

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

408 Madison Ave has no associated ownership info
408 Madison Ave has no associated ownership info.

Taxes

408 Madison Ave has 8 associated Taxes items

408 Madison Ave, 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 $367,915. The APN we've located for 408 Madison Ave is 0764.17-22-3054-000.

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Taxes
  • Assessed Value:  $367,915
  • Assessed Year:  2025
  • Assessed County:  Wake
  • APN:  0764.17-22-3054-000
  • Assessed Land Value:  205000
  • Market Land Value:  205000
  • Market Value:  367915
  • Market Year:  2025

Tax History

408 Madison Ave has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $367,915 Land Value $205,000 Improvement Value $162,915 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $367,915 Land Value $205,000 Improvement Value $162,915 Tax Amount $3,104.96 Change Rate +0.38035% Assessed CR Tax Rate +0.008439%
Year 2023 Assessed Value $222,495 Land Value $100,000 Improvement Value $122,495 Tax Amount $2,249.4 Change Rate +0.038519% Assessed CR Tax Rate +0.01011%
Year 2022 Assessed Value $222,495 Land Value $100,000 Improvement Value $122,495 Tax Amount $2,165.97 Change Rate +0.020442% Assessed CR Tax Rate +0.009735%
Year 2021 Assessed Value $222,495 Land Value $100,000 Improvement Value $122,495 Tax Amount $2,122.58 Change Rate -0.005212% Assessed CR Tax Rate +0.00954%
Year 2020 Assessed Value $222,495 Land Value $100,000 Improvement Value $122,495 Tax Amount $2,133.7 Change Rate +0.252326% Assessed CR Tax Rate +0.00959%
Year 2019 Assessed Value $157,261 Land Value $70,000 Improvement Value $87,261 Tax Amount $1,703.79 Change Rate +0.065182% Assessed CR Tax Rate +0.010834%
Year 2018 Assessed Value $157,261 Land Value $70,000 Improvement Value $87,261 Tax Amount $1,599.53 Change Rate +0.040297% Assessed CR Tax Rate +0.010171%
Year 2017 Assessed Value $157,261 Land Value $70,000 Improvement Value $87,261 Tax Amount $1,537.57 Change Rate +0.015058% Assessed CR Tax Rate +0.009777%
Year 2016 Assessed Value $157,261 Land Value $70,000 Improvement Value $87,261 Tax Amount $1,514.76 Change Rate +0.04547% Assessed CR Tax Rate +0.009632%
Year 2015 Assessed Value $145,137 Land Value $54,000 Improvement Value $91,137 Tax Amount $1,448.88 Change Rate Assessed CR Tax Rate +0.009983%
Year 2014 Assessed Value $145,137 Land Value $54,000 Improvement Value $91,137 Tax Amount Change Rate Assessed CR Tax Rate