NOT LISTED FOR SALE

506 Madison Ave Cary, NC 27513

South Cary Neighborhood

Estimated Value: $330,000 - $647,000

3 Beds
2 Baths
1,390 Sq Ft
$327/Sq Ft Est. Value

About This Home

This home is located at 506 Madison Ave, Cary, NC 27513 and is currently estimated at $454,442, approximately $326 per square foot. 506 Madison Ave is a home located in Wake County with nearby schools including Weatherstone Elementary School, East Cary Middle School, and Cary High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 16, 2023
Sold by
Miller Ronald M and Miller Kathy J
Bought by
Miller Residence Trust and Miller
Current Estimated Value
$454,442

Purchase Details

Closed on
Nov 23, 2010
Sold by
Forehand Hersey C and Forehand Lisa M
Bought by
Miller Ronald M and Miller Kathy J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,350
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 22, 2005
Sold by
Proffit Spencer and Proffit Kirsten
Bought by
Forehand Hersey C and Forehand Lisa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,650
Interest Rate
5.68%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Aug 22, 2002
Sold by
Salomon Brothers Realty Corp Little Loan
Bought by
Proffit Spencer and Profit Kirsten

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,020
Interest Rate
6.27%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 28, 2001
Sold by
Wills Kenneth S and Wills Orange E
Bought by
Salomon Brothers Realty Corp
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Miller Residence Trust -- None Listed On Document
Miller Residence Trust -- None Listed On Document
Miller Ronald M $140,000 None Available
Forehand Hersey C $127,000 --
Proffit Spencer $90,000 --
Salomon Brothers Realty Corp $89,760 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Miller Ronald $33,400
Previous Owner Miller Ronald M $136,350
Previous Owner Forehand Hersey C $120,650
Previous Owner Proffit Spencer $33,700
Previous Owner Proffit Spencer $30,000
Previous Owner Proffit Spencer $81,020
Previous Owner Proffit Spencer $71,920
Closed Proffit Spencer $17,980
Source: Public Records

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 $2,793 $323,539 $205,000 $118,539
2024 $2,733 $323,539 $205,000 $118,539
2023 $1,931 $190,726 $100,000 $90,726
2022 $1,860 $190,726 $100,000 $90,726
2021 $1,822 $190,726 $100,000 $90,726
2020 $1,832 $190,726 $100,000 $90,726
2019 $1,526 $140,675 $70,000 $70,675
2018 $1,433 $140,675 $70,000 $70,675
2017 $1,378 $140,675 $70,000 $70,675
2016 $1,357 $140,675 $70,000 $70,675
2015 $1,248 $124,684 $54,000 $70,684
2014 -- $124,684 $54,000 $70,684
Source: Public Records

Map

North Carolina Wake County Cary 27513 South Cary

506 Madison Ave, Cary, NC

This home is located at 506 Madison Ave, Cary, NC 27513 and is currently estimated at $454,442, approximately $326 per square foot. 506 Madison Ave is a home located in Wake County with nearby schools including Weatherstone Elementary School, East Cary Middle School, and Cary High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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