Large Location Icon

505 Potomac Grove Pl; Cary, NC Property Details

505 Potomac Grove Pl, Cary, NC is a Single Family that was built in 2000. This property is currently Financed and is not for sale. Our records show that 505 Potomac Grove Pl has 5 bedrooms, and 3.5 bathrooms, and a total of 3,954 square feet. The lot size of 505 Potomac Grove Pl is 13,068 square feet.

Off market
505 Potomac Grove Pl Cary, NC 27519
$585,000 Listing Price
5 Beds
3.5 Baths
3,954 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 2000
  • Purchase Price: $585,000
  • Open Loans / Balance: 3 / $516,444
  • Est. Equity / %: $465,556 / 47.41%
  • Gross Yield: 6.957%
  • APN: 0745.03-22-6862-000
  • Situs County: Wake
  • Length Of Ownership: 14 years, 3 months

Rooms

  • Bedrooms: 5
  • Bathrooms: 3.5
  • Full Bathrooms: 3
  • Partial Bathrooms: 1

Structure

  • Building Style: Frame
  • Stories: 1.5
  • Building Quality: B
  • Roof Type: Gable
  • Sewer Type: Yes
  • Water Source: Yes
  • Deck: true

Measurements

  • Total: 3,954/SqFt
  • Lot: 13,068/SqFt
  • Gross: 3,954/SqFt
  • Garage: 529/SqFt
  • Living: 3,954/SqFt
  • Building: 3,954/SqFt
  • Garage Unfinished: 529/SqFt
  • Price Per Square Foot: $147.95

Legal Description

  • Description: LO186 CARPENTER VILL & 5E 98-1894 PH4D
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: 35.81837 / -78.8561
  • Subdivision: Carpenter Vill
  • Property Class: Residential
  • Zoning: RMFP
  • County Use Code: 01

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 8190
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Garage
  • Heating: Forced air unit

HOA

  • H O A One: $82
  • H O A Amount: $82
  • H O A One Frequency: Monthly
  • H O A One Type: Home Owner Association

Ownership Info

505 Potomac Grove Pl has no associated ownership info
505 Potomac Grove Pl has no associated ownership info.

Taxes

505 Potomac Grove Pl has 10 associated Taxes items

505 Potomac Grove Pl, 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 $1,176,552. The APN we've located for 505 Potomac Grove Pl is 0745.03-22-6862-000.

Unlock the full report
Taxes
  • Assessed Value:  $1,176,552
  • Assessed Year:  2025
  • Assessed County:  Wake
  • APN:  0745.03-22-6862-000
  • Assessed Land Value:  450000
  • Market Land Value:  450000
  • Tax Amount:  10104.23
  • Tax Year:  2025
  • Market Value:  1176552
  • Market Year:  2025

Tax History

505 Potomac Grove Pl has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $1,176,552 Land Value $450,000 Improvement Value $726,552 Tax Amount $10,104.23 Change Rate +0.022139% Assessed CR Tax Rate +0.008588%
Year 2024 Assessed Value $1,176,552 Land Value $450,000 Improvement Value $726,552 Tax Amount $9,885.38 Change Rate +0.502207% Assessed CR Tax Rate +0.008402%
Year 2023 Assessed Value $654,747 Land Value $185,250 Improvement Value $469,497 Tax Amount $6,580.57 Change Rate +0.038757% Assessed CR Tax Rate +0.010051%
Year 2022 Assessed Value $654,747 Land Value $185,250 Improvement Value $469,497 Tax Amount $6,335.04 Change Rate +0.020569% Assessed CR Tax Rate +0.009676%
Year 2021 Assessed Value $654,747 Land Value $185,250 Improvement Value $469,497 Tax Amount $6,207.36 Change Rate -0.005245% Assessed CR Tax Rate +0.009481%
Year 2020 Assessed Value $654,747 Land Value $185,250 Improvement Value $469,497 Tax Amount $6,240.09 Change Rate -0.006122% Assessed CR Tax Rate +0.009531%
Year 2019 Assessed Value $584,527 Land Value $185,250 Improvement Value $399,277 Tax Amount $6,278.53 Change Rate +0.065787% Assessed CR Tax Rate +0.010741%
Year 2018 Assessed Value $584,527 Land Value $185,250 Improvement Value $399,277 Tax Amount $5,890.98 Change Rate +0.040684% Assessed CR Tax Rate +0.010078%
Year 2017 Assessed Value $584,527 Land Value $185,250 Improvement Value $399,277 Tax Amount $5,660.68 Change Rate +0.015201% Assessed CR Tax Rate +0.009684%
Year 2016 Assessed Value $584,527 Land Value $185,250 Improvement Value $399,277 Tax Amount $5,575.92 Change Rate -0.059491% Assessed CR Tax Rate +0.009539%
Year 2015 Assessed Value $600,164 Land Value $163,200 Improvement Value $436,964 Tax Amount $5,928.62 Change Rate Assessed CR Tax Rate +0.009878%
Year 2014 Assessed Value $600,164 Land Value $163,200 Improvement Value $436,964 Tax Amount Change Rate Assessed CR Tax Rate