3 months on rocket

509 Sorrell St, Cary, NC, 27511

$800,000

0.55 Acres
Land

Location

Image provided by Mapbox

Property Highlights

Home TypeUnimproved Land
MLS #10049160
Lot Size0.55 Acres
StatusActive

About 509 Sorrell St

TOWN CENTER ZONING - MEDIUM DENSITY RESIDENTIAL DEVELOPMENT OPPORTUNITY! INVEST IN THIS PARCEL & WORK WITHLOCAL DESIGN/BUILD & CONSTRUCTION TEAMS WITH PROVEN RESULTS IN THE DOWNTOWN CARY MARKET. CONTACT THE LISTING AGENTFOR DETAILS! ADJACENT LOTS AVAILABLE FOR LARGER ASSEMBLAGE. CONCEPTS AND DETAILS OF UP TO 22 SFH LOTS AVAILABLE UPONREQUEST AND SIGNED NDA.

Property Details

Property Features

Listing Office:

  • Office Name: LPT Realty, LLC
  • Office Phone: (919) 467-0707
  • Listing Agent: Keith Bliss, Gioia Bliss

Lot Features

Lot Information:

  • Lot Size: 0.55 Acres

Other

Directions Information:

  • Directions: I-40 TO HIGHWAY 54/CHAPEL HILL RD EXIT. W TOWARD DOWNTOWN CARY. CROSS MAYNARD RD. RIGHT ON SORRELL STREET.

Price Information

Listing Price Info

Price Summary:

  • List Price: $800,000

Tax Information:

  • Annual Amount: $926
  • Tax Year: 2021
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Housing Market Comparison

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

Med. Sold Price

$615.1K

Med. Price/SqFt

$263

Avg. Days On Market

26

# of Sold Homes

111

509 Sorrell St vs Cary

112 DAYS ON ROCKET

+86 Days

$800,000

+$184.9K More

KEY TAKEAWAY

This property is $184.9K more than the Median Sold Price in Cary, NC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Triangle MLS
  • MLS Number: #10049160

Listing Office:

  • Office Name: LPT Realty, LLC
  • Office Phone: (919) 467-0707
  • Listing Agent: Keith Bliss, Gioia Bliss

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: 12/18/2024, 9:21:09 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$926$98,000
2020$931$98,000
2019$703$70,000
2018$676$70,000

History based on county public records data.

Payment Calculator

$4,060

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,465

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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-4467972
5
/10
  • Kingswood Magnet Elementary School

  • 200 E Johnson St

  • 0.38 miles

  • Public Magnet Grades PK-5

school-card-donut-4467973
8
/10
  • Cary Elementary School

  • 400 Kildaire Farm Rd

  • 1.01 miles

  • Public District Grades PK-5

school-card-donut-4467974
4
/10
  • Northwoods Elementary School

  • 8850 Chapel Hill Rd

  • 1.02 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $63,431. Residents of Cary, NC typically earn between $35k-100k each year. The majority of families are single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Living In Cary, NC

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

Types of housing in Cary, NC.

Cary's housing market is diverse, offering a range of options from spacious single-family homes to modern apartments and cozy townhouses. The architectural styles vary, with a prevalence of contemporary and colonial homes. A significant portion of the housing development occurred in the late 20th century, reflecting the town's growth during that period. The homeownership rate in Cary is high, with a substantial majority of residents owning their homes.

What is it like to live in Cary, NC?

Cary is celebrated for its family-friendly atmosphere and well-maintained community spaces. The town prides itself on a blend of urban and suburban elements, providing a quiet, yet vibrant lifestyle for its residents. Annual events and festivals highlight the community's engagement and cultural diversity, contributing to Cary's unique character.

Is it easy to get around Cary, NC without a car?

The community is served by a robust educational system, including numerous public and private schools that cater to a range of educational needs. Healthcare facilities in Cary are comprehensive, offering a variety of services to meet the medical needs of its residents. The town also features a network of public libraries and a vibrant array of retail and dining options that reflect the local culture. City initiatives are in place to continually improve these services in line with demographic trends.

Transportation in Cary, NC.

Cary's transportation infrastructure supports both private and public transit options, with a focus on convenience and accessibility. The town is known for its walkable downtown area and has made efforts to enhance bikeability throughout the community. A network of major roads and highways facilitates easy commuting to nearby cities, and public transportation is available, with schedules designed to accommodate the majority of residents. Ride-sharing services are also an option for those seeking alternative transportation methods.

Frequently Asked Questions About 509 Sorrell St

What is the listing price of this property?

The listing price of 509 Sorrell St property is $800,000.

What type of property is this?

The property 509 Sorrell St is land located in Cary, North Carolina, 27511.

Is this property for sale now?

Active Listing: 509 Sorrell St 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 $926 (source: MLS/based on county public records data).

How much acreage is this property?

The property 509 Sorrell St is 0.55 acres.
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Rocket HomesNorth CarolinaWake CountyCary27511509 Sorrell St

This home is located at 509 Sorrell St in Cary, NC and zip code 27511. This home sits on a 0.55 acre lot. It has been listed on Rocket Homes since August 27, 2024 and is currently priced at $800,000.

In November 2024 more than 32 listings in Cary, NC were sold above the asking price. During the same period more than 21 listings were sold at asking price, while more than 58 were sold below. In November 2024 in Cary, NC there were 15.2% less homes for sale than in October 2024. Listings spent 26 days on the market in November 2024, and had a median list price of $615,100 during the same period.

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

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