409 Fallen Elm Ave
Cary, NC 27513
5 bd 4 ba 3,404 sqft Built 2014 Lot 12,197 sqft single_family
Most recent sale
$491,000
Oct 30, 2023
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Apr 20, 2024 | Price changed | $989,900 | TriangleAreaNC |
| Mar 22, 2024 | Listed | $1,001,700 | TriangleAreaNC |
| Oct 30, 2023 | Sold | $491,000 | Public Record |
| Feb 1, 2013 | Sold | $1,160,000 | Public Record |
| Nov 7, 2009 | Listing removed | $389,900 | TriangleAreaNC |
| Jun 17, 2009 | Listed | $389,900 | TriangleAreaNC |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $594,342 | $170,000 | $764,342 | $6,571 |
| 2024 | $594,342 | $170,000 | $764,342 | $6,429 |
| 2023 | $411,369 | $120,000 | $531,369 | $5,344 |
| 2022 | $411,369 | $120,000 | $531,369 | $5,145 |
| 2021 | $411,369 | $120,000 | $531,369 | $5,041 |
| 2020 | $411,369 | $120,000 | $531,369 | $5,068 |
| 2019 | $339,810 | $120,000 | $459,810 | $4,943 |
| 2018 | $339,810 | $120,000 | $459,810 | $4,638 |
| 2017 | $339,810 | $120,000 | $459,810 | $4,457 |
| 2016 | $339,810 | $120,000 | $459,810 | $4,390 |
| 2015 | $362,458 | $140,000 | $502,458 | $4,966 |
| 2014 | $5,700 | $140,000 | $145,700 | $1,352 |
| 2013 | — | $140,000 | $140,000 | $1,237 |
| 2012 | — | $140,000 | $140,000 | $1,209 |
Property facts
Year built
2014
Property type
single_family
Stories
2
Beds
5
Baths
4
Living area
3,404 sqft
Lot size
12,197 sqft
ZIP code
27513
City
Cary
Street
Fallen Elm Ave
Coordinates
35.80593, -78.76800
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$4,595
Gross rental yield
11.23%
Implied cap rate
7.30%
Trend-extrapolated value
—
Frequently asked questions
When did 409 Fallen Elm Ave last sell?
409 Fallen Elm Ave most recently sold on Oct 30, 2023 for $491,000.
What is the current tax assessment for 409 Fallen Elm Ave?
The most recent total assessment for 409 Fallen Elm Ave (year 2025) is $764,342 with $6,571 in property tax.
How does 409 Fallen Elm Ave's assessment compare to its last sale price?
The current assessment is 55.7% above the last sale price of $491,000.
When was 409 Fallen Elm Ave built?
409 Fallen Elm Ave was built in 2014.
How does 409 Fallen Elm Ave compare to others on Fallen Elm Ave?
We do not currently track other properties on Fallen Elm Ave.
What are the property facts for 409 Fallen Elm Ave?
409 Fallen Elm Ave is a 5 bed, 4 bath, 3,404 sqft, 12,197 sqft lot single_family.
Is 409 Fallen Elm Ave a flip candidate?
No — 409 Fallen Elm Ave does not appear in our flips dataset.
Is 409 Fallen Elm Ave a tax-appeal candidate?
Yes — 409 Fallen Elm Ave appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+0.3%
Implied 1-yr
+1.3%
2026 Q2
$688.6K
2026 Q3
$690.8K
ZIP 27513 — Median Price History + Forecast
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Geography