4 months on rocket

122 Palace Grn, Cary, NC, 27518

$719,000

Home List Price

$8,538*

Closing Credit

4 Bedrooms
4 Full Baths, 1 Partial
2,940 SqFt
$245/SqFt
House

Location

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122 Palace Grn, Cary$719,000

Buyer Closing Credits

$8,538*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAlley Access, Deck, Garage, Garage Door Opener, Garage Faces Rear
Attached Garage2 spaces
Year Built1988
HeatingForced Air, Natural Gas
CoolingCentral Air, Ceiling Fan(s)
MLS #10043168
Lot Size0.13 Acres
StatusActive

About 122 Palace Grn

Williamsburg Commons- arguably the most charming boutique neighborhood in Cary, NC. Designed by William Poole- to mimic the beauty and authenticity of Colonial Williamsburg's Robert Carter House with cedar shake roofs, brick lined streets, mature trees, picket fences & colonial lantern posts. Conveniently located in the heart of Cary and walking distance to coffee shops, grocery stores, restaurants, Lochmere golf course, Hemlock Bluffs nature trails, Ritter Park and more. This home, one of the largest in the neighborhood, offers a first-floor primary suite, vaulted ceilings, heart of pine floors, and an updated gourmet kitchen with Thermador Pro gas range. The romantic courtyard garden is complete with brick pavers and picket fencing, perfect for alfresco dining and entertaining. The second floor provides an array of layout options for multiple bedrooms, an office, playroom, gym, or work studio. Additional features include an oversized 2 car garage, new windows and plantation shutters, water filtrations system, new carpet, private deck off primary bedroom, new fully encapsulated crawl space and more. Additionally, this home faces the dedicated neighborhood green space for unobstructed views of the nature preserve and ample grassy acreage for play. What's better, HOA handles all landscaping. That includes all community shared space AND individual homeowner yards.

Property Details

Property Features

Property Information:

  • Architectural Style: Colonial, Williamsburg
  • Year Built: 1988
  • Living Area: 2,940 SqFt

Listing Office:

  • Office Name: Marquis Realty
  • Office Phone: (919) 805-2664
  • Listing Agent: Phillip A Marquis

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Gas Range, Microwave
  • Flooring Type: Carpet, Hardwood, Slate, Tile
  • Interior: Bookcases, Cathedral Ceiling(s), Ceiling Fan(s), Double Vanity, Eat-in Kitchen, Kitchen Island, Recessed Lighting, Separate Shower, Walk-In Closet(s)

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 4
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Exterior: Fence, Front Fence, Gate, Wood Fence, Patio, Courtyard, Garden, Lighting, Gutters

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Alley Access, Deck, Garage, Garage Door Opener, Garage Faces Rear

Virtual/3D Tour

  • 3D Tour: 122 Palace Grn
3D Tour

Lot Features

Lot Information:

  • Lot: Garden, Landscaped, Near Golf Course
  • Lot Size: 0.13 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas
  • Cooling: Central Air, Ceiling Fan(s)

Other

Directions Information:

  • Directions: From Downtown Cary; Head South in Kildaire Farm Rd.; Turn right onto Palace Green; House is on the right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $719,000
  • Price Per SqFt: $245/SqFt

HOA Fees:

  • Amount: $418
  • Frequency: Quarterly

Tax Information:

  • Annual Amount: $4,115
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Cary, NC.

Med. Sold Price

$611.1K

Med. Price/SqFt

$262

Avg. Days On Market

31

# of Sold Homes

121

122 Palace Grn vs Cary

122 DAYS ON ROCKET

+91 Days

$719,000

+$107.8K More

$245/SqFt

-$18 Less

KEY TAKEAWAY

This property is $107.8K more than the Median Sold Price and $18/SqFt less than other homes in Cary, NC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Triangle MLS
  • MLS Number: #10043168

Listing Office:

  • Office Name: Marquis Realty
  • Office Phone: (919) 805-2664
  • Listing Agent: Phillip A Marquis

IDX Copyright © 2024 Doorify MLS of North Carolina. All rights reserved. Listings marked with a Doorify MLS icon are provided courtesy of the Doorify MLS, of North Carolina, Internet Data Exchange Database. 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.

Properties subject to prior sale, change, withdrawal or rental. 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.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/23/2024, 6:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Apr 05, 2012Home Sold
$345,000
Mar 29, 2006Home Sold
$345,000

Tax History

YEARPROP. TAXASSESSMENT
2021$4,115$433,314
2020$4,136$433,314
2019$3,786$375,040
2018$3,639$375,040

History based on county public records data.

Payment Calculator

$3,795

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,222

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-950941
4
/10
  • Oak Grove Elementary School

  • 10401 Penny Rd

  • 0.90 miles

  • Public District Grades PK-5

school-card-donut-950942
6
/10
  • Penny Road Elementary School

  • 10900 Penny Rd

  • 1.17 miles

  • Public District Grades PK-5

school-card-donut-950943
8
/10
  • Farmington Woods Elementary School

  • 1413 Hampton Valley Rd

  • 2.24 miles

  • Public Magnet Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $93,527. Residents of Cary, NC typically earn between $35k-100k each year. Residents typically live in single, no kids family. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 122 Palace Grn

What is the listing price of this property?

The listing price of 122 Palace Grn property is $719,000.

What type of property is this?

The property 122 Palace Grn is a house located in Cary, North Carolina, 27518.

Is this property for sale now?

Active Listing: 122 Palace Grn is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $4,115 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on April 5, 2012 for $345,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 122 Palace Grn has 4 bedrooms and 4 full and 1 half bathrooms.

What is the square footage of this property?

The property 122 Palace Grn is 2,940 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 122 Palace Grn is 1988.

Rocket Homes›North Carolina›Wake County›Cary›27518›122 Palace Grn

This home is located at 122 Palace Grn in Cary, NC and zip code 27518 in the Williamsburgh Commons neighborhood. This 2,940 square foot home, which was built in 1988, sits on a 0.13 acre lot. Features: 4 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since July 24, 2024 and is currently priced at $719,000.

Cary, NC housing market in October 2024 saw over 39 listings sold above listed price, more than 17 sold at listed price and over 65 sold below. In October 2024 in Cary, NC there were 11.5% more homes for sale than in September 2024. Listings spent 31 days on the market in October 2024, and had a median list price of $611,144 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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