In this Cary Spotlight Issue…

💭Spotlight Hook Trivia

🏡 Cary Real Estate: Properties Sold in Cary Last Week

💡 Wake County to Lower Property Tax Rate in New $2 Billion Budget Proposal, Seeks Public Feedback

This is the Real Estate Edition: local news and events will be back on Tuesday.

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They don’t have to be an expert in all of these areas. More importantly, they have to be focused on serving the community and can play nice with others.

Chris Coetzer
Founder/Publisher
Cary Spotlight

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Question: Who is the first woman Olympic gold medalist?

(Answer at the bottom of the newsletter.)

Properties Sold in Cary, NC for Week of 19 May 2024 (Data source: Redfin)

Property Type: Single Family Residential.

There were 32 properties sold in Cary, NC during the past week. Please note that we exclude land sales and townhouses. Here are a few statistics based on the sales from this past week:

The average price for all properties sold is $756,504

The average size in square feet for houses sold is 2,690

The average price per square foot for houses that sold is $290

The number of homes sold by Postal Code:

• 27511: 1 homes

• 27513: 6 homes

• 27518: 9 homes

• 27519: 14 homes

• 27539: 2 homes

The properties are listed from highest SOLD PRICE to lowest:

Top 25 Homes Sold Click on the address to view listing.

100 Jessfield Pl, Cary, NC 27519
Sold Price: $1,700,000, Beds: 6, Baths: 5.5, Size: 4,600 sq ft,

121 Westongate Way, Cary, NC 27513
Sold Price: $1,395,000, Beds: 6, Baths: 6.5, Size: 6,112 sq ft,

452 Nickel Creek Cir, Cary, NC 27519
Sold Price: $1,200,000, Beds: 4, Baths: 3.5, Size: 3,423 sq ft,

4324 Chandler Cove Way, Cary, NC 27539
Sold Price: $1,150,000, Beds: 5, Baths: 4.5, Size: 3,718 sq ft,

4517 Chandler Creek Pl, Cary, NC 27539
Sold Price: $1,100,000, Beds: 4, Baths: 3.5, Size: 3,371 sq ft,

824 Blackmar St, Cary, NC 27519
Sold Price: $988,888, Beds: 6, Baths: 4.0, Size: 3,563 sq ft,

303 Breckenwood Dr, Cary, NC 27513
Sold Price: $865,000, Beds: 5, Baths: 3.5, Size: 3,788 sq ft,

706 Angelica Cir, Cary, NC 27518
Sold Price: $820,000, Beds: 3, Baths: 3.5, Size: 2,785 sq ft,

109 Tealight Ln, Cary, NC 27513
Sold Price: $810,000, Beds: 5, Baths: 3.5, Size: 3,604 sq ft,

106 Highlands Lake Dr, Cary, NC 27518
Sold Price: $805,106, Beds: 4, Baths: 2.5, Size: 3,222 sq ft,

550 Front Ridge Dr, Cary, NC 27519
Sold Price: $775,000, Beds: 4, Baths: 2.5, Size: 3,538 sq ft,

636 Crooked Pine Dr, Cary, NC 27519
Sold Price: $765,230, Beds: 2, Baths: 2.0, Size: 2,261 sq ft,

111 Jersey Ridge Rd, Cary, NC 27518
Sold Price: $750,000, Beds: 5, Baths: 3.5, Size: 3,350 sq ft,

106 Musgrove Cir, Cary, NC 27518
Sold Price: $725,000, Beds: 4, Baths: 2.5, Size: 2,707 sq ft,

407 Jaslie Dr, Cary, NC 27518
Sold Price: $720,000, Beds: 4, Baths: 3.0, Size: 3,291 sq ft,

559 Angelica Cir, Cary, NC 27518
Sold Price: $715,000, Beds: 3, Baths: 2.5, Size: 2,459 sq ft,

728 Blackfriars Loop, Cary, NC 27519
Sold Price: $675,000, Beds: 2, Baths: 2.0, Size: 1,894 sq ft,

514 Garendon Dr, Cary, NC 27519
Sold Price: $665,000, Beds: 3, Baths: 2.0, Size: 2,083 sq ft,

201 Windy Peak Loop, Cary, NC 27519
Sold Price: $653,000, Beds: 3, Baths: 2.5, Size: 2,389 sq ft,

3012 Remington Oaks Cir, Cary, NC 27519
Sold Price: $625,000, Beds: 3, Baths: 2.5, Size: 2,151 sq ft,

402 Indian Elm Ln, Cary, NC 27519
Sold Price: $620,000, Beds: 3, Baths: 2.0, Size: 2,425 sq ft,

119 Palace Grn, Cary, NC 27518
Sold Price: $615,000, Beds: 3, Baths: 2.5, Size: 2,542 sq ft,

104 Parkmist Cir, Cary, NC 27519
Sold Price: $600,000, Beds: 3, Baths: 2.5, Size: 1,770 sq ft,

9704 Kingsford Dr, Cary, NC 27518
Sold Price: $590,000, Beds: 3, Baths: 2.5, Size: 2,639 sq ft,

102 Kaladar Ct, Cary, NC 27513
Sold Price: $575,000, Beds: 3, Baths: 2.5, Size: 1,784 sq ft,

Click Here For the Full List of All Properties Sold Last Week

Wake County to Lower Property Tax Rate in Budget Proposal, Seeks Public Feedback

Wake County has unveiled a $2 billion budget for fiscal year 2025, reflecting an increase of $200 million from the previous fiscal period to address the needs of its rapidly expanding population. The growth, driven by an influx of approximately 51 new residents daily, has escalated demand for services and infrastructure, necessitating higher operational expenses despite a boost in revenue.

The budget proposal includes a reduction in the property tax rate to 51.05 cents per $100 of assessed value. However, in January, more than half of Wake County's residents experienced a rise in property valuations, with increases reaching up to 80 percent for some properties. Consequently, these homeowners are facing higher property taxes.

Public input is encouraged, with residents invited to attend hearings or provide feedback online until May 22. The County Commissioners will review public comments and deliberate on possible budget adjustments during a session on May 23, with a final decision scheduled for June 3.

Read Full Story

For those who don't want to wait, you can weigh in online now. The public comment period will remain open until May 22.

Public Hearings
Monday, May 20 – Regular Meeting (Budget Public Hearing), 2 p.m. | 2nd floor, Justice Center, Room 2700 Directions

Tuesday, May 21 – Budget Public Hearing, 7 p.m. | Wake County Commons Building Directions

Livestream Public Hearings

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