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509 Madison Ave; Cary, NC Property Details

509 Madison Ave, Cary, NC is a Single Family that was built in 1958. This property is not for sale. Our records show that 509 Madison Ave has 3 bedrooms, and 1 bathroom, and a total of 864 square feet. The lot size of 509 Madison Ave is 12,197 square feet.

For Rent
509 Madison Ave Cary, NC 27513
$750 Listing Price
3 Beds
1 Baths
864 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1958
  • Purchase Price: $65,000
  • Open Loans / Balance: 1 / $62,934
  • Est. Equity / %: $249,066 / 79.83%
  • Gross Yield: 5.923%
  • APN: 0764.17-11-5972-000
  • Situs County: Wake
  • Length Of Ownership: 35 years, 2 months

Rooms

  • Bedrooms: 3
  • 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: 864/SqFt
  • Lot: 12,197/SqFt
  • Gross: 864/SqFt
  • Living: 864/SqFt
  • Building: 864/SqFt
  • Ground: 864/SqFt
  • Price Per Square Foot: $75.23

Legal Description

  • Description: LO3 SUNSET HILLS SUB BLA BM1959-118
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: 35.78833 / -78.792366
  • Subdivision: Sunset Hills Sub
  • 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

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

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

Taxes

509 Madison Ave has 10 associated Taxes items

509 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 $297,175. The APN we've located for 509 Madison Ave is 0764.17-11-5972-000.

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Taxes
  • Assessed Value:  $297,175
  • Assessed Year:  2025
  • Assessed County:  Wake
  • APN:  0764.17-11-5972-000
  • Assessed Land Value:  205000
  • Market Land Value:  205000
  • Tax Amount:  2567.09
  • Tax Year:  2025
  • Market Value:  297175
  • Market Year:  2025

Tax History

509 Madison Ave has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $297,175 Land Value $205,000 Improvement Value $92,175 Tax Amount $2,567.09 Change Rate +0.022008% Assessed CR Tax Rate +0.008638%
Year 2024 Assessed Value $297,175 Land Value $205,000 Improvement Value $92,175 Tax Amount $2,511.81 Change Rate +0.422034% Assessed CR Tax Rate +0.008452%
Year 2023 Assessed Value $174,286 Land Value $100,000 Improvement Value $74,286 Tax Amount $1,766.35 Change Rate +0.038425% Assessed CR Tax Rate +0.010135%
Year 2022 Assessed Value $174,286 Land Value $100,000 Improvement Value $74,286 Tax Amount $1,700.99 Change Rate +0.020384% Assessed CR Tax Rate +0.00976%
Year 2021 Assessed Value $174,286 Land Value $100,000 Improvement Value $74,286 Tax Amount $1,667.01 Change Rate -0.005198% Assessed CR Tax Rate +0.009565%
Year 2020 Assessed Value $174,286 Land Value $100,000 Improvement Value $74,286 Tax Amount $1,675.72 Change Rate +0.209251% Assessed CR Tax Rate +0.009615%
Year 2019 Assessed Value $127,556 Land Value $70,000 Improvement Value $57,556 Tax Amount $1,385.75 Change Rate +0.064995% Assessed CR Tax Rate +0.010864%
Year 2018 Assessed Value $127,556 Land Value $70,000 Improvement Value $57,556 Tax Amount $1,301.18 Change Rate +0.040178% Assessed CR Tax Rate +0.010201%
Year 2017 Assessed Value $127,556 Land Value $70,000 Improvement Value $57,556 Tax Amount $1,250.92 Change Rate +0.015011% Assessed CR Tax Rate +0.009807%
Year 2016 Assessed Value $127,556 Land Value $70,000 Improvement Value $57,556 Tax Amount $1,232.42 Change Rate +0.100051% Assessed CR Tax Rate +0.009662%
Year 2015 Assessed Value $111,766 Land Value $54,000 Improvement Value $57,766 Tax Amount $1,120.33 Change Rate +0.059724% Assessed CR Tax Rate +0.010024%
Year 2014 Assessed Value $111,766 Land Value $54,000 Improvement Value $57,766 Tax Amount $1,057.19 Change Rate Assessed CR Tax Rate +0.009459%