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205 Great Lake Dr

Cary, NC 27519

4 bd 3 ba 2,456 sqft Built 1996 Lot 5,227 sqft townhomes
Most recent sale
$495,000
Oct 3, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 20, 2026 Sold $745,000 DoorifyMLS
Mar 12, 2026 Listed $745,000 DoorifyMLS
Oct 3, 2022 Sold $495,000 Public Record
Aug 25, 2022 Price changed $525,000 MLS #2467702
Aug 10, 2022 Listed $549,000 MLS #2467702
Jun 24, 1996 Sold $210,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $451,188 $130,000 $581,188 $5,001
2024 $451,188 $130,000 $581,188 $4,893
2023 $281,412 $75,000 $356,412 $3,591
2022 $281,412 $75,000 $356,412 $3,457
2021 $281,412 $75,000 $356,412 $3,388
2020 $281,412 $75,000 $356,412 $3,406
2019 $231,816 $54,000 $285,816 $3,080
2018 $231,816 $54,000 $285,816 $2,891
2017 $231,816 $54,000 $285,816 $2,778
2016 $231,816 $54,000 $285,816 $2,737
2015 $243,568 $42,000 $285,568 $2,831
2014 $243,568 $42,000 $285,568 $2,670
2013 $243,568 $42,000 $285,568 $2,544
2012 $243,568 $42,000 $285,568 $2,487
2011 $243,568 $42,000 $285,568 $2,487
2010 $243,568 $42,000 $285,568 $2,487
2009 $243,568 $42,000 $285,568 $2,487
2007 $243,568 $42,000 $285,568 $2,542

Property facts

Year built
1996
Property type
townhomes
Stories
2
Beds
4
Baths
3
Living area
2,456 sqft
Lot size
5,227 sqft
ZIP code
27519
City
Cary
Street
Great Lake Dr
Coordinates
35.81476, -78.86030

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,316
Gross rental yield
8.04%
Implied cap rate
5.23%
Trend-extrapolated value

Frequently asked questions

When did 205 Great Lake Dr last sell?
205 Great Lake Dr most recently sold on Oct 3, 2022 for $495,000.
What is the current tax assessment for 205 Great Lake Dr?
The most recent total assessment for 205 Great Lake Dr (year 2025) is $581,188 with $5,001 in property tax.
How does 205 Great Lake Dr's assessment compare to its last sale price?
The current assessment is 17.4% above the last sale price of $495,000.
When was 205 Great Lake Dr built?
205 Great Lake Dr was built in 1996.
How does 205 Great Lake Dr compare to others on Great Lake Dr?
We track 5 other properties on Great Lake Dr. Browse the list under "Other properties on Great Lake Dr" to compare beds, baths, and sale history.
What are the property facts for 205 Great Lake Dr?
205 Great Lake Dr is a 4 bed, 3 bath, 2,456 sqft, 5,227 sqft lot townhomes.
Is 205 Great Lake Dr a flip candidate?
No — 205 Great Lake Dr does not appear in our flips dataset.
Is 205 Great Lake Dr a tax-appeal candidate?
No — 205 Great Lake Dr is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+6.4%
Implied 1-yr
+25.6%
2026 Q3
$1.38M
2026 Q4
$1.44M
ZIP 27519 — Median Price History + Forecast

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