Large Location Icon

506 Madison Ave; Cary, NC Property Details

506 Madison Ave, Cary, NC is a Single Family that was built in 1959. This property is currently Financed and is not for sale. Our records show that 506 Madison Ave has 3 bedrooms, and 1.5 bathrooms, and a total of 1,134 square feet. The lot size of 506 Madison Ave is 12,197 square feet.

Off market
506 Madison Ave Cary, NC 27513
$140,000 Listing Price
3 Beds
1.5 Baths
1,134 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Trust
  • Owner Status: Trust
  • Year Built: 1959
  • Purchase Price: $140,000
  • Open Loans / Balance: 1 / $85,384
  • Est. Equity / %: $254,616 / 74.89%
  • Gross Yield: 5.915%
  • APN: 0764.17-12-6121-000
  • Situs County: Wake
  • Length Of Ownership: 15 years, 8 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 1.5
  • Full Bathrooms: 1
  • Total Rooms: 6
  • Partial Bathrooms: 1

Structure

  • Stories: 1
  • Exterior Wall Type: Siding (Alum/Vinyl)
  • Building Condition: Good
  • Building Quality: C
  • Roof Type: Gable
  • Sewer Type: Yes
  • Water Source: Yes
  • Deck: true

Measurements

  • Total: 1,134/SqFt
  • Lot: 12,197/SqFt
  • Gross: 1,134/SqFt
  • Living: 1,134/SqFt
  • Building: 1,134/SqFt
  • Ground: 1,134/SqFt
  • Price Per Square Foot: $123.46

Legal Description

  • Description: LO2 SUNSET HILLS SUB BLB
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: 35.788914 / -78.79222
  • Subdivision: Sunset Hills Sub
  • Property Class: Residential
  • Zoning: R12
  • County Use Code: 01

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 4403
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Carport
  • Heating: Forced air unit

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

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

Taxes

506 Madison Ave has 10 associated Taxes items

506 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 $323,539. The APN we've located for 506 Madison Ave is 0764.17-12-6121-000.

Unlock the full report
Taxes
  • Assessed Value:  $323,539
  • Assessed Year:  2025
  • Assessed County:  Wake
  • APN:  0764.17-12-6121-000
  • Assessed Land Value:  205000
  • Market Land Value:  205000
  • Tax Amount:  2793.05
  • Tax Year:  2025
  • Market Value:  323539
  • Market Year:  2025

Tax History

506 Madison Ave has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $323,539 Land Value $205,000 Improvement Value $118,539 Tax Amount $2,793.05 Change Rate +0.022021% Assessed CR Tax Rate +0.008633%
Year 2024 Assessed Value $323,539 Land Value $205,000 Improvement Value $118,539 Tax Amount $2,732.87 Change Rate +0.41521% Assessed CR Tax Rate +0.008447%
Year 2023 Assessed Value $190,726 Land Value $100,000 Improvement Value $90,726 Tax Amount $1,931.07 Change Rate +0.038461% Assessed CR Tax Rate +0.010125%
Year 2022 Assessed Value $190,726 Land Value $100,000 Improvement Value $90,726 Tax Amount $1,859.55 Change Rate +0.020408% Assessed CR Tax Rate +0.00975%
Year 2021 Assessed Value $190,726 Land Value $100,000 Improvement Value $90,726 Tax Amount $1,822.36 Change Rate -0.005208% Assessed CR Tax Rate +0.009555%
Year 2020 Assessed Value $190,726 Land Value $100,000 Improvement Value $90,726 Tax Amount $1,831.9 Change Rate +0.200301% Assessed CR Tax Rate +0.009605%
Year 2019 Assessed Value $140,675 Land Value $70,000 Improvement Value $70,675 Tax Amount $1,526.2 Change Rate +0.065083% Assessed CR Tax Rate +0.010849%
Year 2018 Assessed Value $140,675 Land Value $70,000 Improvement Value $70,675 Tax Amount $1,432.94 Change Rate +0.040239% Assessed CR Tax Rate +0.010186%
Year 2017 Assessed Value $140,675 Land Value $70,000 Improvement Value $70,675 Tax Amount $1,377.51 Change Rate +0.015032% Assessed CR Tax Rate +0.009792%
Year 2016 Assessed Value $140,675 Land Value $70,000 Improvement Value $70,675 Tax Amount $1,357.11 Change Rate +0.087855% Assessed CR Tax Rate +0.009647%
Year 2015 Assessed Value $124,684 Land Value $54,000 Improvement Value $70,684 Tax Amount $1,247.51 Change Rate Assessed CR Tax Rate +0.010005%
Year 2014 Assessed Value $124,684 Land Value $54,000 Improvement Value $70,684 Tax Amount Change Rate Assessed CR Tax Rate