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740 Magalloway Dr; Cary, NC Property Details

740 Magalloway Dr, Cary, NC is a Single Family that was built in 2013. This property is currently Financed and is not for sale. Our records show that 740 Magalloway Dr has 4 bedrooms, and 3.5 bathrooms, and a total of 5,432 square feet. The lot size of 740 Magalloway Dr is 21,780 square feet.

Off market
740 Magalloway Dr Cary, NC 27519
$391,429 Listing Price
4 Beds
3.5 Baths
5,432 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 2013
  • Purchase Price: $1,125,000
  • Open Loans / Balance: 1 / $735,759
  • Est. Equity / %: $429,241 / 36.84%
  • Gross Yield: 5.48%
  • APN: 0735.03-21-3848-000
  • Situs County: Wake
  • Length Of Ownership: 4 years, 2 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 3.5
  • Full Bathrooms: 3
  • Partial Bathrooms: 1

Structure

  • Building Style: Frame
  • Stories: 2
  • Building Quality: B
  • Sewer Type: Yes
  • Water Source: Yes
  • Deck: true

Measurements

  • Total: 5,432/SqFt
  • Lot: 21,780/SqFt
  • Gross: 5,432/SqFt
  • Garage: 189/SqFt
  • Living: 5,432/SqFt
  • Basement: 1,372/SqFt
  • Building: 5,432/SqFt
  • Garage Unfinished: 189/SqFt
  • Price Per Square Foot: $207.11

Legal Description

  • Description: LO506 CAMERON POND PH3 BM2007-02122
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: AE / High Risk
  • School District: Wake County Schools
  • Lat / Lon: 35.815845 / -78.890915
  • Subdivision: Cameron Pond Ph3
  • Property Class: Residential
  • Zoning: R12CU
  • County Use Code: 01

Amenities

  • Plus Four: 8780
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Garage
  • Heating: Forced air unit

HOA

  • H O A One: $790
  • H O A Amount: $790
  • H O A One Frequency: Annual
  • H O A One Name: Cameron Pond Community Assn Inc
  • H O A One Type: Home Owner Association

Ownership Info

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

Taxes

740 Magalloway Dr has 10 associated Taxes items

740 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 $1,177,836. The APN we've located for 740 Magalloway Dr is 0735.03-21-3848-000.

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Taxes
  • Assessed Value:  $1,177,836
  • Assessed Year:  2025
  • Assessed County:  Wake
  • APN:  0735.03-21-3848-000
  • Assessed Land Value:  275000
  • Market Land Value:  275000
  • Tax Amount:  10115.23
  • Tax Year:  2025
  • Market Value:  1177836
  • Market Year:  2025

Tax History

740 Magalloway Dr has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $1,177,836 Land Value $275,000 Improvement Value $902,836 Tax Amount $10,115.23 Change Rate +0.022137% Assessed CR Tax Rate +0.008588%
Year 2024 Assessed Value $1,177,836 Land Value $275,000 Improvement Value $902,836 Tax Amount $9,896.16 Change Rate +0.320497% Assessed CR Tax Rate +0.008402%
Year 2023 Assessed Value $745,935 Land Value $133,400 Improvement Value $612,535 Tax Amount $7,494.27 Change Rate +0.038772% Assessed CR Tax Rate +0.010047%
Year 2022 Assessed Value $745,935 Land Value $133,400 Improvement Value $612,535 Tax Amount $7,214.55 Change Rate +0.020577% Assessed CR Tax Rate +0.009672%
Year 2021 Assessed Value $745,935 Land Value $133,400 Improvement Value $612,535 Tax Amount $7,069.09 Change Rate -0.005247% Assessed CR Tax Rate +0.009477%
Year 2020 Assessed Value $745,935 Land Value $133,400 Improvement Value $612,535 Tax Amount $7,106.38 Change Rate +0.052702% Assessed CR Tax Rate +0.009527%
Year 2019 Assessed Value $628,618 Land Value $110,400 Improvement Value $518,218 Tax Amount $6,750.61 Change Rate +0.065801% Assessed CR Tax Rate +0.010739%
Year 2018 Assessed Value $628,618 Land Value $110,400 Improvement Value $518,218 Tax Amount $6,333.84 Change Rate +0.040696% Assessed CR Tax Rate +0.010076%
Year 2017 Assessed Value $628,618 Land Value $110,400 Improvement Value $518,218 Tax Amount $6,086.16 Change Rate +0.015204% Assessed CR Tax Rate +0.009682%
Year 2016 Assessed Value $628,618 Land Value $110,400 Improvement Value $518,218 Tax Amount $5,995.01 Change Rate -0.069049% Assessed CR Tax Rate +0.009537%
Year 2015 Assessed Value $652,074 Land Value $156,200 Improvement Value $495,874 Tax Amount $6,439.66 Change Rate +0.060681% Assessed CR Tax Rate +0.009876%
Year 2014 Assessed Value $652,074 Land Value $156,200 Improvement Value $495,874 Tax Amount $6,071.25 Change Rate Assessed CR Tax Rate +0.009311%