418 Madison Ave Cary, NC 27513
South Cary NeighborhoodEstimated payment $4,612/month
Total Views
11,754
--
Bed
--
Bath
--
Sq Ft
--
Price per Sq Ft
Highlights
- Ranch Style House
- No HOA
- Heating System Uses Natural Gas
- Weatherstone Elementary School Rated A
- Cooling Available
- 1-minute walk to Lexie Lane Park
About This Home
End piece of a 1.12-Acre combined lot next to Downtown Cary--you can NOT miss it! 0.25 Acres of 4 adjacent parcels totaling of 100% buildable 1.12 prime acres of Land in the heart of Downtown Cary! This 1.12-acre continuous land has the potential to be subdivided and built into high-end townhomes, condos, or apartments. With public water, sewer, power already available, this is a developer's dream in one of the Triangle's most desirable and fast-growing areas! Right next to the Business Development District of Town of Cary, just a short walk to bus stops, Cary Station, shopping, restaurants, coffee shops, banks, Cary Downtown Park, museums, and the new library, these 4 adjacent parcels offer unbeatable location, walkability, and long-term value. Whether you are a builder, investor, or developer, this is your chance to secure a large footprint in downtown Cary-an opportunity that rarely comes along! The combined listings are 10089900, 10093410, 10094396. Lot limits in pictures are just for illustration. Accurate lot lines will be decided by survey. Buyer are responsible for verifying the development details.
Listing Agent
Valerie-real-est Trustable-in Raleigh-Cary
NC CARY REALTY LLC License #347206 Listed on: 05/09/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,879
Year Built
- Built in 1962
Lot Details
- 0.25 Acre Lot
Home Design
- Ranch Style House
Parking
- 3 Parking Spaces
- 3 Open Parking Spaces
Schools
- Weatherstone Elementary School
- East Cary Middle School
- Cary High School
Utilities
- Cooling Available
- Heating System Uses Natural Gas
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 0764.17-22-1023.000
Map
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Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2024 | $2,879 | $340,918 | $205,000 | $135,918 |
| 2023 | $2,060 | $203,561 | $100,000 | $103,561 |
| 2022 | $1,983 | $203,561 | $100,000 | $103,561 |
| 2021 | $1,944 | $203,561 | $100,000 | $103,561 |
| 2020 | $1,954 | $203,561 | $100,000 | $103,561 |
| 2019 | $1,629 | $150,317 | $70,000 | $80,317 |
| 2018 | $1,530 | $150,317 | $70,000 | $80,317 |
| 2017 | $1,471 | $150,317 | $70,000 | $80,317 |
| 2016 | $1,449 | $150,317 | $70,000 | $80,317 |
| 2015 | $1,343 | $134,425 | $54,000 | $80,425 |
| 2014 | $1,267 | $134,425 | $54,000 | $80,425 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/07/2025 08/07/25 | Price Changed | $804,000 | -0.9% | -- |
| 05/09/2025 05/09/25 | For Sale | $811,000 | -- | -- |
Source: Doorify MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $135,000 | None Available | |
| Warranty Deed | $120,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $145,000 | New Conventional | |
| Closed | $144,772 | FHA | |
| Closed | $148,506 | FHA | |
| Closed | $146,312 | FHA | |
| Closed | $33,750 | Unknown | |
| Previous Owner | $101,250 | Purchase Money Mortgage | |
| Previous Owner | $119,059 | FHA | |
| Previous Owner | $12,000 | Unknown |
Source: Public Records
Similar Homes in Cary, NC
Source: Doorify MLS
MLS Number: 10095144
APN: 0764.17-22-1023-000
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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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