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702 Chesapeake Ln; Cary, NC Property Details

702 Chesapeake Ln, Cary, NC is a Single Family that was built in 1974. This property is currently Financed and is not for sale. Our records show that 702 Chesapeake Ln has 3 bedrooms, and 2.5 bathrooms, and a total of 1,851 square feet. The lot size of 702 Chesapeake Ln is 12,197 square feet.

Off market
702 Chesapeake Ln Cary, NC 27511
$228,000 Listing Price
3 Beds
2.5 Baths
1,851 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Multiple
  • Owner Status: Multiple
  • Year Built: 1974
  • Purchase Price: $228,000
  • Open Loans / Balance: 1 / $212,757
  • Est. Equity / %: $291,243 / 57.79%
  • Gross Yield: 5.831%
  • APN: 0773.13-04-0085-000
  • Situs County: Wake
  • Length Of Ownership: 18 years, 1 months

Rooms

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

Structure

  • Building Style: Frame
  • Stories: 2
  • Exterior Wall Type: Brick
  • Building Condition: Average
  • Building Quality: C
  • Roof Type: Gable
  • Sewer Type: Yes
  • Water Source: Yes
  • Deck: true

Measurements

  • Total: 1,851/SqFt
  • Lot: 12,197/SqFt
  • Gross: 1,851/SqFt
  • Garage: 336/SqFt
  • Living: 1,851/SqFt
  • Building: 1,851/SqFt
  • Garage Unfinished: 336/SqFt
  • Price Per Square Foot: $123.18

Legal Description

  • Description: LO23 GRT PT PIRATES COVE SE2
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: 35.766685 / -78.76374
  • Subdivision: Pirates Cove Se2
  • Property Class: Residential
  • Zoning: R12
  • County Use Code: 01

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 5810
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Garage
  • Heating: Forced air unit

Ownership Info

702 Chesapeake Ln has no associated ownership info
702 Chesapeake Ln has no associated ownership info.

Taxes

702 Chesapeake Ln has 10 associated Taxes items

702 Chesapeake Ln, 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 $463,014. The APN we've located for 702 Chesapeake Ln is 0773.13-04-0085-000.

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Taxes
  • Assessed Value:  $463,014
  • Assessed Year:  2025
  • Assessed County:  Wake
  • APN:  0773.13-04-0085-000
  • Assessed Land Value:  230000
  • Market Land Value:  230000
  • Tax Amount:  3988.5
  • Tax Year:  2025
  • Market Value:  463014
  • Market Year:  2025

Tax History

702 Chesapeake Ln has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $463,014 Land Value $230,000 Improvement Value $233,014 Tax Amount $3,988.5 Change Rate +0.022069% Assessed CR Tax Rate +0.008614%
Year 2024 Assessed Value $463,014 Land Value $230,000 Improvement Value $233,014 Tax Amount $3,902.38 Change Rate +0.2912% Assessed CR Tax Rate +0.008428%
Year 2023 Assessed Value $299,630 Land Value $135,000 Improvement Value $164,630 Tax Amount $3,022.29 Change Rate +0.038613% Assessed CR Tax Rate +0.010087%
Year 2022 Assessed Value $299,630 Land Value $135,000 Improvement Value $164,630 Tax Amount $2,909.93 Change Rate +0.020491% Assessed CR Tax Rate +0.009712%
Year 2021 Assessed Value $299,630 Land Value $135,000 Improvement Value $164,630 Tax Amount $2,851.5 Change Rate -0.005229% Assessed CR Tax Rate +0.009517%
Year 2020 Assessed Value $299,630 Land Value $135,000 Improvement Value $164,630 Tax Amount $2,866.49 Change Rate +0.106992% Assessed CR Tax Rate +0.009567%
Year 2019 Assessed Value $239,978 Land Value $100,000 Improvement Value $139,978 Tax Amount $2,589.44 Change Rate +0.065464% Assessed CR Tax Rate +0.01079%
Year 2018 Assessed Value $239,978 Land Value $100,000 Improvement Value $139,978 Tax Amount $2,430.34 Change Rate +0.040483% Assessed CR Tax Rate +0.010127%
Year 2017 Assessed Value $239,978 Land Value $100,000 Improvement Value $139,978 Tax Amount $2,335.78 Change Rate +0.01512% Assessed CR Tax Rate +0.009733%
Year 2016 Assessed Value $239,978 Land Value $100,000 Improvement Value $139,978 Tax Amount $2,300.99 Change Rate +0.11393% Assessed CR Tax Rate +0.009588%
Year 2015 Assessed Value $207,786 Land Value $80,000 Improvement Value $127,786 Tax Amount $2,065.65 Change Rate +0.060259% Assessed CR Tax Rate +0.009941%
Year 2014 Assessed Value $207,786 Land Value $80,000 Improvement Value $127,786 Tax Amount $1,948.25 Change Rate Assessed CR Tax Rate +0.009376%