517 Sorrell St Cary, NC 27513
North Cary NeighborhoodEstimated payment $2,875/month
Highlights
- Wooded Lot
- No HOA
- Brush Vegetation
- Reedy Creek Magnet Middle School Rated A
About This Lot
Discover a prime investment opportunity at 517 Sorrell St, a beautiful 0.39-acre plot of land situated within the Maynard Loop in Cary, NC. This fantastic location offers unparalleled convenience to downtown Cary, I-40, Amtrak and RDU Airport, making it an ideal spot for both residential development and future growth.The lot features a generous depth, allowing for a spacious backyard oasis while maintaining proximity to the vibrant downtown area and its amenities. The current zoning allows for the potential construction of single-family homes or a duplex, making it a versatile option for builders and investors alike. Additionally, there are two adjacent properties currently for sale: 511 Sorrell St at $550K and 519 Sorrell St at $600K, providing an excellent opportunity for collective development or larger investment projects. Don't miss out on this promising parcel of land in one of Cary's most sought-after locations! Whether you're looking to invest in your future or develop a dream property, 517 Sorrell St is the perfect canvas for your vision!
Property Details
Property Type
- Land
Est. Annual Taxes
- $2,472
Lot Details
- 16,988 Sq Ft Lot
- Lot Dimensions are 45x349x51x364
- Brush Vegetation
- Wooded Lot
Schools
- Kingswood Elementary School
- Reedy Creek Middle School
- Cary High School
Utilities
- Natural Gas Connected
- Cable TV Available
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 0764748251
Map
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 |
|---|---|---|---|---|
| 2025 | $2,526 | $292,400 | $196,000 | $96,400 |
| 2024 | $2,472 | $292,400 | $196,000 | $96,400 |
| 2023 | $1,645 | $162,174 | $98,000 | $64,174 |
| 2022 | $802 | $162,174 | $98,000 | $64,174 |
| 2021 | $786 | $162,174 | $98,000 | $64,174 |
| 2020 | $790 | $162,174 | $98,000 | $64,174 |
| 2019 | $658 | $119,249 | $70,000 | $49,249 |
| 2018 | $619 | $119,249 | $70,000 | $49,249 |
| 2017 | $595 | $119,249 | $70,000 | $49,249 |
| 2016 | $587 | $119,249 | $70,000 | $49,249 |
| 2015 | $606 | $119,058 | $84,000 | $35,058 |
| 2014 | $572 | $119,058 | $84,000 | $35,058 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/17/2025 08/17/25 | Price Changed | $500,000 | -9.1% | -- |
| 05/17/2025 05/17/25 | For Sale | $550,000 | -- | -- |
About the Listing Agent
Leslie is a Trusted Advisor who can identify problems and quickly find a solution that will work for her clients to help them navigate some of the most crucial financial decisions. Her diverse background in Statistics and years of marketing experience in the advertising world, plus the knowledge of having lived in the Triangle for over 30+ years, allows her to bring a unique blend of abilities to the table for her clients.
Leslie's Other Listings
Source: Doorify MLS
MLS Number: 10097028
APN: 0764.16-74-8251-000
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Ask me questions while you tour the home.