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Sold for $482,500
  • $482,500

    407 Palmer Pl, Cary, NC 27511

    4beds
    1,297sqft
    Single Family Residence, Residential
    Built in 1972
    0.35 Acres Lot
    $509,500 Zestimate®
    $372/sqft
    $2,105 Estimated rent

    Home value

    $509,500

    $484,000 - $540,000

    $2,105/mo

    Zestimate® history
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    $2,864/mo

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    What's special

    Fantastic Fixer-Upper Opportunity on Cul-de-Sac, Walkable to Downtown Cary! This ranch-style home presents an ideal opportunity for renovation enthusiasts seeking a prime location in Cary. Situated on a quiet cul-de-sac, just a stroll away from downtown Cary, this property offers convenience and potential. Property Details: 4 bedrooms, 2 bathrooms, enclosed back porch, perfect for relaxing or entertaining, approximately 0.35 acres, providing ample outdoor space, single-level design for easy accessibility and comfort, carport with off street parking. Tenants in place on a month-to-month lease, generating $2500 per month rental income. A 90-day notice period for tenants, providing flexibility for new owners. This property represents a rare opportunity to create a personalized home in a sought-after location. Whether you envision updating the kitchen, expanding living spaces, or enhancing outdoor amenities, this fixer-upper is primed for transformation. Don't miss out on making this property your own in the heart of Cary's vibrant community.

    Zillow last checked:

    Listing updated:

    Listed by:

    Ann-Cabell Baum 919-828-0077,

    Glenwood Agency, LLC,

    Lisa Rose 919-828-0077,

    Glenwood Agency, LLC

    Bought with:

    Jeanne Chiang, 280425

    CHK Realty

    Source: Doorify MLS,MLS#: 10039312MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Electric, Forced Air
    Cooling
    • Electric
    Features
    • Flooring: Carpet, Wood
    Interior area
    • Total structure area: 1,297
    • Total interior livable area: 1,297 sqft
    • Finished area above ground: 1,297
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 4
    • Parking features: Carport, Open
    • Carport spaces: 1
    • Uncovered spaces: 4
    Features
    • Levels: One
    • Stories: 1
    • Has view: Yes
    Lot
    • Size: 0.35 Acres
    • Features: Cul-De-Sac, Hardwood Trees, Wooded
    Details
    • Parcel number: Real Estate ID 0069579 PIN # 0763198906
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Ranch
    • Property subtype: Single Family Residence, Residential
    Materials
    • Brick Veneer, See Remarks
    • Foundation: Combination
    • Roof: Shingle
    Condition
    • New construction: No
    • Year built: 1972

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Subdivision: Carr Hills
    HOA
    • Has HOA: No
    Location
    • Region: Cary

    Financial & listing details

    • Price per square foot: $372/sqft
    • Tax assessed value: $482,180
    • Annual tax amount: $4,063
    • Date on market: 7/3/2024
    • Lease term: Month To Month
    • Road surface type: Paved

    Price history

    DateEventPrice
    8/14/2024Sold$482,500-3.5%$372/sqft
    Source: Doorify MLS #10039312 Report a problem
    7/6/2024Pending sale$500,000$386/sqft
    Source: Doorify MLS #10039312 Report a problem
    7/3/2024Listed for sale$500,000+700%$386/sqft
    Source: Doorify MLS #10039312 Report a problem
    5/14/2021Sold$62,500$48/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,153 +2.2%$482,180
    2024$4,063 +54.6%$482,180 +85.2%
    2023$2,628 +3.9%$260,318
    2022$2,531 +2%$260,318
    2021$2,480 -0.5%$260,318
    2020$2,493 +26.1%$260,318 +42.4%
    2019$1,977 $182,816
    2018$1,977 +10.8%$182,816
    2017$1,784 +1.5%$182,816
    2016$1,758 +9.4%$182,816 +13.4%
    2015$1,606 +6%$161,144
    2014$1,515 $161,144
    2013-- $161,144
    2012-- $161,144
    2011-- $161,144
    2010-- $161,144
    2009-- $161,144
    2008-- --
    2007-- --
    2006-- --
    2005-- --
    2004-- --
    2003-- --
    2002-- --
    2001-- --
    Find assessor info on the county website

    Neighborhood: 27511

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Wake - Cary
    • Middle: Wake - East Cary
    • High: Wake - Cary

    Source: Doorify MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $509,500
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $509,500