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705 Magalloway Dr; Cary, NC Property Details

705 Magalloway Dr, Cary, NC is a Single Family that was built in 2006. This property is currently Financed and is not for sale. Our records show that 705 Magalloway Dr has 5 bedrooms, and 3.5 bathrooms, and a total of 3,094 square feet. The lot size of 705 Magalloway Dr is 10,454 square feet.

Off market
705 Magalloway Dr Cary, NC 27519
$538,500 Listing Price
5 Beds
3.5 Baths
3,094 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 2006
  • Purchase Price: $538,500
  • Open Loans / Balance: 2 / $328,922
  • Est. Equity / %: $763,078 / 69.88%
  • Gross Yield: 4.365%
  • APN: 0735.03-22-4794-000
  • Situs County: Wake
  • Length Of Ownership: 11 years, 3 months

Rooms

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

Structure

  • Building Style: Frame
  • Stories: 2
  • Building Quality: B
  • Porch Type: Screened
  • Sewer Type: Yes
  • Water Source: Yes
  • Patio Type: Patio

Measurements

  • Total: 3,094/SqFt
  • Lot: 10,454/SqFt
  • Gross: 3,094/SqFt
  • Garage: 704/SqFt
  • Living: 3,094/SqFt
  • Building: 3,094/SqFt
  • Garage Unfinished: 704/SqFt
  • Price Per Square Foot: $174.05

Legal Description

  • Description: LO55 CAMERON POND PH1E SESF-1 BM2005-012
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: 35.818195 / -78.89039
  • Subdivision: Cameron Pond Ph1e
  • Property Class: Residential
  • Zoning: R12P
  • County Use Code: 01

Amenities

  • Plus Four: 8781
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Garage
  • Heating: Forced air unit

HOA

  • H O A One: $870
  • H O A Amount: $870
  • H O A One Frequency: Annual
  • H O A One Type: Planned Unit Development

Ownership Info

705 Magalloway Dr has no associated ownership info
705 Magalloway Dr has no associated ownership info.

Taxes

705 Magalloway Dr has 10 associated Taxes items

705 Magalloway Dr, 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 $906,070. The APN we've located for 705 Magalloway Dr is 0735.03-22-4794-000.

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Taxes
  • Assessed Value:  $906,070
  • Assessed Year:  2025
  • Assessed County:  Wake
  • APN:  0735.03-22-4794-000
  • Assessed Land Value:  250000
  • Market Land Value:  250000
  • Tax Amount:  7785.93
  • Tax Year:  2025
  • Market Value:  906070
  • Market Year:  2025

Tax History

705 Magalloway Dr has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $906,070 Land Value $250,000 Improvement Value $656,070 Tax Amount $7,785.93 Change Rate +0.022124% Assessed CR Tax Rate +0.008593%
Year 2024 Assessed Value $906,070 Land Value $250,000 Improvement Value $656,070 Tax Amount $7,617.4 Change Rate +0.452671% Assessed CR Tax Rate +0.008407%
Year 2023 Assessed Value $521,329 Land Value $145,000 Improvement Value $376,329 Tax Amount $5,243.72 Change Rate +0.038727% Assessed CR Tax Rate +0.010058%
Year 2022 Assessed Value $521,329 Land Value $145,000 Improvement Value $376,329 Tax Amount $5,048.22 Change Rate +0.020552% Assessed CR Tax Rate +0.009683%
Year 2021 Assessed Value $521,329 Land Value $145,000 Improvement Value $376,329 Tax Amount $4,946.56 Change Rate -0.005241% Assessed CR Tax Rate +0.009488%
Year 2020 Assessed Value $521,329 Land Value $145,000 Improvement Value $376,329 Tax Amount $4,972.62 Change Rate -0.150524% Assessed CR Tax Rate +0.009538%
Year 2019 Assessed Value $544,854 Land Value $148,000 Improvement Value $396,854 Tax Amount $5,853.75 Change Rate +0.06577% Assessed CR Tax Rate +0.010744%
Year 2018 Assessed Value $544,854 Land Value $148,000 Improvement Value $396,854 Tax Amount $5,492.51 Change Rate +0.040674% Assessed CR Tax Rate +0.010081%
Year 2017 Assessed Value $544,854 Land Value $148,000 Improvement Value $396,854 Tax Amount $5,277.84 Change Rate +0.015196% Assessed CR Tax Rate +0.009687%
Year 2016 Assessed Value $544,854 Land Value $148,000 Improvement Value $396,854 Tax Amount $5,198.84 Change Rate +0.122329% Assessed CR Tax Rate +0.009542%
Year 2015 Assessed Value $468,480 Land Value $129,000 Improvement Value $339,480 Tax Amount $4,632.19 Change Rate +0.060607% Assessed CR Tax Rate +0.009888%
Year 2014 Assessed Value $468,480 Land Value $129,000 Improvement Value $339,480 Tax Amount $4,367.49 Change Rate Assessed CR Tax Rate +0.009323%