NOT LISTED FOR SALE

2420 Stephens Rd Cary, NC 27518

Estimated Value: $353,000 - $717,000

1 Acre
$449,804 Price per Acre
43,560 Sq Ft Lot

Last Sold September 09, 2024

Last sale price $350,000 $134 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $2,555/month

52 Days on Market

Highlights

  • Horses Allowed On Property
  • Partially Wooded Lot
  • No HOA

About This Lot

As of September 2024

'Amazing opportunity to build your dream home. Bring your own builder. NO HOA. Great residential opportunity to own land within the the Town of Cary city limits. Build One Acre. 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. 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 5 remaining parcels available. Totaling +/-11.7 acres. The buildings on the property will be removed. 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: 05/08/2024

Coldwell Banker Advantage

Last Buyer's Agent

Monte Maney

Coldwell Banker Advantage License #263020 Listed on: 05/08/2024

Coldwell Banker Advantage

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,811

Lot Details

  • 1 Acre Lot
  • Lot Dimensions are 209x208
  • Property fronts a private road
  • Cleared Lot
  • Partially Wooded 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

  • Septic Tank
  • Septic Needed
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 0772184517

Property Details

Property Type

Land

Est. Annual Taxes

$2,811

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Horses: Yes
  • Road Frontage Type: Private Road
  • Road Surface Type: Gravel
  • Subdivision Name: Not in a Subdivision
  • General Property Information Lot Size Dimensions: 209x208
  • Water Source Public: Yes
  • Utilities Cable Available: Yes
  • General Property Information Senior Community YN: No
  • General Property Information Horse YN2: Yes
  • Sewer Septic Needed: Yes
  • Utilities Electricity Available: Yes
  • Utilities Phone Available: Yes
  • Utilities Water Available: Yes
  • Vegetation Cleared2: Yes
  • Road Surface Type Gravel2: Yes
  • Vegetation Partially Wooded: Yes
  • Disclosures Lead Based Paint: Yes
  • General Property Information Lot Size Square Feet2: 43560.0
  • General Property Information Lot Size Acres: 1.0
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Residential, Single Family

Exterior Features

  • Fencing: None
  • Acres: 1.0
  • Disclosures: Lead Based Paint, Seller Disclosure

Utilities

  • Utilities: Cable Available, Electricity Available, Phone Available, Water Available
  • Water Source: Public
  • 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: 209x208
  • Lot Size Sq Ft: 43560.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 0772184517

Tax Info

  • Tax Annual Amount: 2810.84
  • Tax Year: 2023

MLS Schools

  • Elementary School: Wake County Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2024
Closed on
Aug 29, 2024
Sold by
Kornegay Rentals Llc
Bought by
S1dawi Bassam
Seller's Agent
Monte Maney
Coldwell Banker Advantage
Buyer's Agent
Monte Maney
Coldwell Banker Advantage
List Price
$450,000
Sold Price
$350,000
Premium/Discount to List
-$100,000
-22.22%
Views
29
Current Estimated Value
$449,804

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$99,804
Avg. Annual Appreciation
27.58%
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
S1dawi Bassam $350,000 None Listed On Document
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/09/2024 09/09/24 Sold $350,000 -22.2% $134 / Sq Ft
06/30/2024 06/30/24 Pending -- -- --
05/08/2024 05/08/24 For Sale $450,000 -- $173 / 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 $2,160 $252,000 $252,000 --
2024 $4,032 $473,695 $252,000 $221,695
2023 $2,811 $274,538 $126,000 $148,538
2022 $2,708 $274,538 $126,000 $148,538
2021 $2,654 $274,538 $126,000 $148,538
2020 $2,668 $274,538 $126,000 $148,538
2019 $2,419 $220,367 $90,000 $130,367
2018 $2,273 $220,367 $90,000 $130,367
2017 $2,187 $220,367 $90,000 $130,367
2016 $0 $220,367 $90,000 $130,367
2015 -- $233,141 $108,000 $125,141
2014 $2,224 $233,141 $108,000 $125,141
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 10028045

Doorify MLS

APN: 0772.05-18-4517-000