20 days on rocket

127 Madison Square Ln, Cary, NC, 27513

$459,500

Home List Price

$5,457*

Closing Credit

3 Bedrooms
3 Full Baths, 1 Partial
2,088 SqFt
$220/SqFt
Townhouse

Location

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127 Madison Square Ln, Cary$459,500

Buyer Closing Credits

$5,457*

1.25% Loan Amount

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Property Highlights

Home TypeTownhouse
ParkingAdditional Parking
Attached Garage1 space
Year Built2006
HeatingCentral, Forced Air, Natural Gas
CoolingCeiling Fan(s), Central Air
FireplaceBlower Fan, Family Room, Fireplace Screen, Gas, Gas Log
MLS #10060255
Lot Size0.04 Acres
StatusActive

About 127 Madison Square Ln

Charming End Unit Townhome in Townes of Madison - Freshly Painted, Investor-Friendly, and Prime Location with Ample Storage! Welcome to this beautifully updated 3-story end-unit townhome in the highly desirable Townes of Madison community in Cary. Offering 2,088 sq ft of well-designed living space, this home features 3 bedrooms and 3.5 bathrooms, ideal for comfortable and flexible living. Built in 2006 and recently professionally painted, the home feels fresh and modern throughout.The main level boasts a spacious living area that flows seamlessly into a well-appointed kitchen, featuring ample cabinetry, a generous pantry, and direct access to a private deck—perfect for outdoor dining or relaxing. The lower level includes a versatile bedroom with a full bathroom, perfect for guests or a home office, along with additional storage space.Upstairs on the third level, you'll find two large primary suites, each complete with spacious, custom closets designed for maximum storage, providing plenty of hanging space and shelving to keep everything organized and tidy. Storage is a theme throughout this home, from large closets to a thoughtfully designed kitchen pantry.This meticulously cared-for townhome also includes a new HVAC system installed in 2017, a new hot water heater in 2022, and a one-car garage with extra storage capacity. Residents enjoy a welcoming community with well-kept common areas.Investors take note—there is currently no rental cap in this community, making this a prime opportunity for those looking to invest in a rental property.Enjoy the unbeatable location within walking distance of downtown Cary, where you can explore a wide variety of restaurants, shops, and the newly developed Downtown Cary Park. Whether you're dining out, relaxing in the park, or attending local events, everything is just a short stroll away, offering the perfect blend of suburban charm and urban convenience. This home's abundant storage and ideal location make it an exceptional choice for investors and homeowners alike!

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 2006
  • Living Area: 2,088 SqFt

Listing Office:

  • Office Name: The Douglas Realty Group
  • Office Phone: (919) 377-8423
  • Listing Agent: Cecelia Saylor

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Electric Water Heater, Exhaust Fan, Electric Range, Ice Maker, Microwave, Refrigerator, Self Cleaning Oven, Stainless Steel Appliance(s)
  • Flooring Type: Carpet, Hardwood, Luxury Vinyl
  • Interior: Bathtub/Shower Combination, Ceiling Fan(s), Crown Molding, Double Vanity, Eat-in Kitchen, Entrance Foyer, Granite Counters, High Ceilings, High Speed Internet, Kitchen Island, Kitchen/Dining Room Combination, Open Floorplan, Pantry, Recessed Lighting, Second Primary Bedroom, Smooth Ceilings, Storage, Walk-In Closet(s), Walk-In Shower
  • Fireplace: Blower Fan, Family Room, Fireplace Screen, Gas, Gas Log

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 3
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Deck

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: Yes
  • Parking: Additional Parking

Lot Features

Lot Information:

  • Lot Size: 0.04 Acres

Utilities

Utilities Information:

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

Other

Directions Information:

  • Directions: Dixon to Madison Square Lane (left). Home is located on the left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $459,500
  • Price Per SqFt: $220/SqFt

HOA Fees:

  • Amount: $189
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $2,509
  • Tax Year: 2021
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Housing Market Comparison

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

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Cary, NC

City

Med. Sold Price

$611.1K

Med. Price/SqFt

$262

Avg. Days On Market

31

# of Sold Homes

121

127 Madison Square Ln vs Cary

20 DAYS ON ROCKET

-11 Days

$459,500

-$151.6K Less

$220/SqFt

-$43 Less

KEY TAKEAWAY

This property is $151.6K less than the Median Sold Price and $43/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: #10060255

Listing Office:

  • Office Name: The Douglas Realty Group
  • Office Phone: (919) 377-8423
  • Listing Agent: Cecelia Saylor

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: 11/15/2024, 8:20:56 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Mar 31, 2006Home Sold
$199,500

Tax History

YEARPROP. TAXASSESSMENT
2021$2,509$263,366
2020$2,521$263,366
2019$1,972$194,368
2018$1,896$194,368

History based on county public records data.

Payment Calculator

$2,550

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,444

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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-403602
4
/10

  • Northwoods Elementary School

  • 8850 Chapel Hill Rd

  • 0.53 miles

  • Public District Grades PK-5

school-card-donut-403603
8
/10

  • Cary Elementary School

  • 400 Kildaire Farm Rd

  • 0.62 miles

  • Public District Grades PK-5

school-card-donut-403604
5
/10

  • Kingswood Magnet Elementary School

  • 200 E Johnson St

  • 0.75 miles

  • Public Magnet Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $63,014. The most common annual income of people living in Cary, NC is between $35k-100k. The majority of families are single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 127 Madison Square Ln

What is the listing price of this property?

The listing price of 127 Madison Square Ln property is $459,500.

What type of property is this?

The property 127 Madison Square Ln is a townhouse located in Cary, North Carolina, 27513.

Is this property for sale now?

Active Listing: 127 Madison Square Ln 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 $2,509 (source: MLS/based on county public records data).

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

The last sale was on March 31, 2006 for $199,500. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 127 Madison Square Ln has 3 bedrooms and 3 full and 1 half bathrooms.

What is the square footage of this property?

The property 127 Madison Square Ln is 2,088 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 127 Madison Square Ln is 2006.

Rocket Homes›North Carolina›Wake County›Cary›27513›127 Madison Square Ln

This home is located at 127 Madison Square Ln in Cary, NC and zip code 27513 in the Towns of Madison neighborhood. This 2,088 square foot home, which was built in 2006, sits on a 0.04 acre lot. Features: 3 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since October 25, 2024 and is currently priced at $459,500.

In October 2024, from all listings sold in Cary, NC there were more than 39 sold above asking price, over 65 sold below and more than 17 were sold right at the asked price. In October 2024 in Cary, NC there were 11.5% more homes for sale than in September 2024. In October 2024 median list price was $611,144 and the average listing age was 31 days.

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

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