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507 Madison Ave; Cary, NC Property Details

507 Madison Ave, Cary, NC is a Single Family that was built in 1956. This property is not for sale. Our records show that 507 Madison Ave has 1 bathroom, and a total of 890 square feet. The lot size of 507 Madison Ave is 11,761 square feet.

Off market
507 Madison Ave Cary, NC 27513
$302,794 Estimated Value
1 Baths
890 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1956
  • Purchase Price: $58,000
  • Est. Equity / %: $348,000 / 100%
  • Gross Yield: 5.41%
  • APN: 0764.17-11-6961-000
  • Situs County: Wake
  • Length Of Ownership: 35 years, 3 months

Rooms

  • Bathrooms: 1
  • Full Bathrooms: 1
  • Total Rooms: 5

Structure

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

Measurements

  • Total: 890/SqFt
  • Lot: 11,761/SqFt
  • Gross: 890/SqFt
  • Living: 890/SqFt
  • Building: 890/SqFt
  • Ground: 890/SqFt
  • Price Per Square Foot: $65.17

Legal Description

  • Description: LO2 SUNSET HILLS SUBD BLA BM1959-00118
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: 35.788345 / -78.79209
  • Subdivision: Sunset Hills Subd
  • Property Class: Residential
  • Zoning: R12
  • County Use Code: 01

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 4404
  • Cooling: None
  • Fireplaces: 1
  • Heating: Forced air unit

Ownership Info

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

Taxes

507 Madison Ave has 10 associated Taxes items

507 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 $302,794. The APN we've located for 507 Madison Ave is 0764.17-11-6961-000.

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Taxes
  • Assessed Value:  $302,794
  • Assessed Year:  2025
  • Assessed County:  Wake
  • APN:  0764.17-11-6961-000
  • Assessed Land Value:  205000
  • Market Land Value:  205000
  • Tax Amount:  2615.25
  • Tax Year:  2025
  • Market Value:  302794
  • Market Year:  2025

Tax History

507 Madison Ave has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $302,794 Land Value $205,000 Improvement Value $97,794 Tax Amount $2,615.25 Change Rate +0.022009% Assessed CR Tax Rate +0.008637%
Year 2024 Assessed Value $302,794 Land Value $205,000 Improvement Value $97,794 Tax Amount $2,558.93 Change Rate +0.467697% Assessed CR Tax Rate +0.008451%
Year 2023 Assessed Value $172,006 Land Value $100,000 Improvement Value $72,006 Tax Amount $1,743.5 Change Rate +0.038416% Assessed CR Tax Rate +0.010136%
Year 2022 Assessed Value $172,006 Land Value $100,000 Improvement Value $72,006 Tax Amount $1,679 Change Rate +0.020383% Assessed CR Tax Rate +0.009761%
Year 2021 Assessed Value $172,006 Land Value $100,000 Improvement Value $72,006 Tax Amount $1,645.46 Change Rate -0.005199% Assessed CR Tax Rate +0.009566%
Year 2020 Assessed Value $172,006 Land Value $100,000 Improvement Value $72,006 Tax Amount $1,654.06 Change Rate +0.219098% Assessed CR Tax Rate +0.009616%
Year 2019 Assessed Value $124,852 Land Value $70,000 Improvement Value $54,852 Tax Amount $1,356.79 Change Rate +0.064976% Assessed CR Tax Rate +0.010867%
Year 2018 Assessed Value $124,852 Land Value $70,000 Improvement Value $54,852 Tax Amount $1,274.01 Change Rate +0.040161% Assessed CR Tax Rate +0.010204%
Year 2017 Assessed Value $124,852 Land Value $70,000 Improvement Value $54,852 Tax Amount $1,224.82 Change Rate +0.014999% Assessed CR Tax Rate +0.00981%
Year 2016 Assessed Value $124,852 Land Value $70,000 Improvement Value $54,852 Tax Amount $1,206.72 Change Rate +0.07616% Assessed CR Tax Rate +0.009665%
Year 2015 Assessed Value $111,866 Land Value $54,000 Improvement Value $57,866 Tax Amount $1,121.32 Change Rate +0.059729% Assessed CR Tax Rate +0.010024%
Year 2014 Assessed Value $111,866 Land Value $54,000 Improvement Value $57,866 Tax Amount $1,058.12 Change Rate Assessed CR Tax Rate +0.009459%