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408 Palace Grn; Cary, NC Property Details

408 Palace Grn, Cary, NC is a Single Family that was built in 1994. This property is currently Financed and is not for sale. Our records show that 408 Palace Grn has 3 bedrooms, and 2.5 bathrooms, and a total of 2,050 square feet. The lot size of 408 Palace Grn is 10,454 square feet.

Off market
408 Palace Grn Cary, NC 27518
$259,900 Listing Price
3 Beds
2.5 Baths
2,050 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1994
  • Purchase Price: $490,000
  • Open Loans / Balance: 1 / $356,059
  • Est. Equity / %: $209,941 / 37.09%
  • Gross Yield: 5.264%
  • APN: 0762.19-50-9241-000
  • Situs County: Wake
  • Length Of Ownership: 4 years, 7 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 2.5
  • Full Bathrooms: 2
  • Total Rooms: 8
  • Partial Bathrooms: 1

Structure

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

Measurements

  • Total: 2,050/SqFt
  • Lot: 10,454/SqFt
  • Gross: 2,050/SqFt
  • Garage: 440/SqFt
  • Living: 2,050/SqFt
  • Building: 2,050/SqFt
  • Garage Unfinished: 440/SqFt
  • Price Per Square Foot: $239.02

Legal Description

  • Description: LO46 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: 35.728657 / -78.77777
  • 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: $65
  • H O A Amount: $65
  • H O A One Frequency: Monthly
  • H O A One Name: Lochmere
  • H O A One Type: Home Owner Association

Ownership Info

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

Taxes

408 Palace Grn has 10 associated Taxes items

408 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 $513,218. The APN we've located for 408 Palace Grn is 0762.19-50-9241-000.

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Taxes
  • Assessed Value:  $513,218
  • Assessed Year:  2025
  • Assessed County:  Wake
  • APN:  0762.19-50-9241-000
  • Assessed Land Value:  180000
  • Market Land Value:  180000
  • Tax Amount:  4418.79
  • Tax Year:  2025
  • Market Value:  513218
  • Market Year:  2025

Tax History

408 Palace Grn has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $513,218 Land Value $180,000 Improvement Value $333,218 Tax Amount $4,418.79 Change Rate +0.02208% Assessed CR Tax Rate +0.00861%
Year 2024 Assessed Value $513,218 Land Value $180,000 Improvement Value $333,218 Tax Amount $4,323.33 Change Rate +0.222436% Assessed CR Tax Rate +0.008424%
Year 2023 Assessed Value $350,963 Land Value $76,000 Improvement Value $274,963 Tax Amount $3,536.65 Change Rate +0.038652% Assessed CR Tax Rate +0.010077%
Year 2022 Assessed Value $350,963 Land Value $76,000 Improvement Value $274,963 Tax Amount $3,405.04 Change Rate +0.020512% Assessed CR Tax Rate +0.009702%
Year 2021 Assessed Value $350,963 Land Value $76,000 Improvement Value $274,963 Tax Amount $3,336.6 Change Rate -0.005232% Assessed CR Tax Rate +0.009507%
Year 2020 Assessed Value $350,963 Land Value $76,000 Improvement Value $274,963 Tax Amount $3,354.15 Change Rate +0.02979% Assessed CR Tax Rate +0.009557%
Year 2019 Assessed Value $302,337 Land Value $90,000 Improvement Value $212,337 Tax Amount $3,257.12 Change Rate +0.065578% Assessed CR Tax Rate +0.010773%
Year 2018 Assessed Value $302,337 Land Value $90,000 Improvement Value $212,337 Tax Amount $3,056.67 Change Rate +0.040551% Assessed CR Tax Rate +0.01011%
Year 2017 Assessed Value $302,337 Land Value $90,000 Improvement Value $212,337 Tax Amount $2,937.55 Change Rate +0.01515% Assessed CR Tax Rate +0.009716%
Year 2016 Assessed Value $302,337 Land Value $90,000 Improvement Value $212,337 Tax Amount $2,893.71 Change Rate +0.01916% Assessed CR Tax Rate +0.009571%
Year 2015 Assessed Value $286,369 Land Value $74,000 Improvement Value $212,369 Tax Amount $2,839.31 Change Rate +0.060433% Assessed CR Tax Rate +0.009915%
Year 2014 Assessed Value $286,369 Land Value $74,000 Improvement Value $212,369 Tax Amount $2,677.5 Change Rate Assessed CR Tax Rate +0.00935%