NOT LISTED FOR SALE

2409 Stephens Rd Cary, NC 27518

Estimated Value: $364,000 - $412,000

1.08 Acres
$359,637 Price per Acre
47,045 Sq Ft Lot

Last Sold June 11, 2024

Last sale price $370,000 $428 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $2,290/month

8 Days on Market

About This Lot

As of June 2024

Bring your own builder. NO HOA. Amazing residential opportunity to own over 1 acre within the the Town of Cary city limits. Build your own dream home. This large tract features mostly cleared land with endless possibilities. This land has a very private feel but is close to everything and everything is just a few minutes away. Shopping, dining, movies. Easy access to US 64/1 and I-40. NO HOA!!!! Zoned R-40. Well and septic on site. City water available. Just a few steps from the future Cary Greenway. Seller is asking to close in 60 days with no contingencies or entitlement approvals. This is one of 6 remaining parcels available. Totaling +/-12.8 acres. The old existing house on property is structurally unsound. Do not enter! Please call listing agent with any questions. 919-264-8006

Last Agent to Sell the Property

Monte Maney

Coldwell Banker Advantage License #263020 Listed on: 04/20/2024

Coldwell Banker Advantage

Last Buyer's Agent

Hisham Heda

Heda, Hisham Kamel License #270023

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,808

Lot Details

  • 1.08 Acre Lot
  • Lot Dimensions are 142x302x298x135
  • Cleared Lot
  • Property is zoned R-40

Home Design

  • Lead Paint Disclosure

Schools

  • Wake County Schools Elementary And Middle School
  • Wake County Schools High School

Horse Facilities and Amenities

  • Horses Allowed On Property

Utilities

  • Well
  • Septic Tank
  • Septic System
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 07721897411

Property Details

Property Type

Land

Est. Annual Taxes

$1,808

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Horses: Yes
  • Road Frontage Type: Public Road
  • Road Surface Type: Asphalt
  • Subdivision Name: Not in a Subdivision
  • General Property Information Lot Size Dimensions: 142X302X298X135
  • Water Source Well: Yes
  • Utilities Cable Available: Yes
  • General Property Information Senior Community YN: No
  • General Property Information Horse YN2: Yes
  • Utilities Phone Available: Yes
  • Utilities Water Available: Yes
  • Vegetation Cleared2: Yes
  • Utilities Electricity Connected: Yes
  • Utilities Septic Connected: Yes
  • Disclosures Lead Based Paint: Yes
  • General Property Information Lot Size Square Feet2: 47045.0
  • General Property Information Lot Size Acres: 1.08
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Residential, Single Family

Exterior Features

  • Fencing: None
  • Acres: 1.08
  • Disclosures: Lead Based Paint, Seller Disclosure

Utilities

  • Utilities: Cable Available, Electricity Connected, Phone Available, Septic Connected, Water Available
  • Water Source: Well
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Ninth Grade High School: Wake County Schools
  • Middle Or Junior School: Wake County Schools

Lot Info

  • Zoning: R-40
  • Current Use: Residential, Single Family, Vacant
  • Lot Dimensions: 142X302X298X135
  • Lot Size Sq Ft: 47045.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 07721897411

Tax Info

  • Tax Annual Amount: 1808.49
  • Tax Year: 2023

MLS Schools

  • Elementary School: Wake County Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 20, 2024
Closed on
Jun 4, 2024
Sold by
Kornegay Rentals Llc
Bought by
Mossa-Basha Maiimud and Abrahim Zeinab Emad
Seller's Agent
Monte Maney
Coldwell Banker Advantage
Buyer's Agent
Hisham Heda
Heda, Hisham Kamel
List Price
$425,000
Sold Price
$370,000
Premium/Discount to List
-$55,000
-12.94%
Views
29
Current Estimated Value
$388,408

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,408
Avg. Annual Appreciation
1.20%

Purchase Details

Closed on
Nov 5, 1998
Sold by
Stephens Ira Lee and Stephens Garline B
Bought by
Kornegay Alton A and Kornegay Enza A
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Mossa-Basha Maiimud $370,000 None Listed On Document
Kornegay Alton A $50,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/11/2024 06/11/24 Sold $370,000 -12.9% $428 / Sq Ft
04/29/2024 04/29/24 Pending -- -- --
04/20/2024 04/20/24 For Sale $425,000 -- $492 / Sq Ft
Source: Doorify MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 -- $280,000 $280,000 --
2024 $2,871 $340,049 $294,400 $45,649
2023 $1,808 $178,492 $148,000 $30,492
2022 $1,742 $178,492 $148,000 $30,492
2021 $1,707 $178,492 $148,000 $30,492
2020 $1,716 $178,492 $148,000 $30,492
2019 $1,563 $144,114 $106,800 $37,314
2018 $1,467 $144,114 $106,800 $37,314
2017 $1,411 $144,114 $106,800 $37,314
2016 $0 $144,114 $106,800 $37,314
2015 -- $166,487 $129,600 $36,887
2014 $1,585 $166,487 $129,600 $36,887
Source: Public Records

Agents Affiliated with this Home

  • Monte Maney

    Seller's Agent in 2024

    Monte Maney

    Coldwell Banker Advantage

    (919) 264-8006

    15 Total Sales

    Monte Maney
    Section Image

  • H

    Buyer's Agent in 2024

    Hisham Heda

    Heda, Hisham Kamel

    (919) 602-5658

    28 Total Sales

    Hisham Heda
    Section Image
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Map

Source: Doorify MLS

MLS Number: 10024388

Doorify MLS

APN: 0772.05-18-7411-000

North Carolina Wake County Cary 27518

2409 Stephens Rd, Cary, NC

This home is located at 2409 Stephens Rd, Cary, NC 27518 since 20 April 2024 and is currently estimated at $388,408, approximately $449 per square foot. 2409 Stephens Rd is a home located in Wake County with nearby schools including Dillard Drive Magnet Elementary School, Dillard Drive Magnet Middle School, and Thales Academy Cary Pre-K-6.

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Doorify MLS Some IDX listings have been excluded from this IDX display. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. Listings marked with an icon are provided courtesy of the Doorify MLS, Inc. of North Carolina, Internet Data Exchange Database. Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property. Copyright 2025 Doorify MLS, Inc. of North Carolina. All rights reserved.

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