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740 Magalloway Dr

Cary, NC 27519

6 bd 6 ba 5,441 sqft Built 2013 Lot 21,780 sqft single_family
Most recent sale
$1,125,000
May 16, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 16, 2022 Sold $1,125,000 Public Record
Apr 6, 2022 Listed $965,000 MLS #2440383
Sep 30, 2013 Sold $632,000 Public Record
Jun 13, 2012 Sold $440,000 Public Record
Apr 27, 2011 Sold $989,500 Public Record
Mar 4, 2011 Listing removed $391,429 DoorifyMLS
Dec 11, 2010 Price changed $391,429 MLS #1742764
Aug 21, 2010 Price changed $449,900 MLS #1742764
Aug 16, 2010 Listed $391,429 MLS #1742764

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $902,836 $275,000 $1,177,836 $10,115
2024 $902,836 $275,000 $1,177,836 $9,896
2023 $612,535 $133,400 $745,935 $7,494
2022 $612,535 $133,400 $745,935 $7,214
2021 $612,535 $133,400 $745,935 $7,069
2020 $612,535 $133,400 $745,935 $7,106
2019 $518,218 $110,400 $628,618 $6,751
2018 $518,218 $110,400 $628,618 $6,334
2017 $518,218 $110,400 $628,618 $6,086
2016 $518,218 $110,400 $628,618 $5,995
2015 $495,874 $156,200 $652,074 $6,440
2014 $495,874 $156,200 $652,074 $6,071
2013 $156,200 $156,200 $1,381
2012 $156,200 $156,200 $1,350
2011 $156,200 $156,200 $1,350
2010 $156,200 $156,200 $1,350
2009 $156,200 $156,200 $1,350

Property facts

Year built
2013
Property type
single_family
Stories
2
Beds
6
Baths
6
Living area
5,441 sqft
Lot size
21,780 sqft
ZIP code
27519
City
Cary
Street
Magalloway Dr
Coordinates
35.81589, -78.89090

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$7,345
Gross rental yield
7.83%
Implied cap rate
5.09%
Trend-extrapolated value

Frequently asked questions

When did 740 Magalloway Dr last sell?
740 Magalloway Dr most recently sold on May 16, 2022 for $1,125,000.
What is the current tax assessment for 740 Magalloway Dr?
The most recent total assessment for 740 Magalloway Dr (year 2025) is $1,177,836 with $10,115 in property tax.
How does 740 Magalloway Dr's assessment compare to its last sale price?
The current assessment is 4.7% above the last sale price of $1,125,000.
When was 740 Magalloway Dr built?
740 Magalloway Dr was built in 2013.
How does 740 Magalloway Dr compare to others on Magalloway Dr?
We track 2 other properties on Magalloway Dr. Browse the list under "Other properties on Magalloway Dr" to compare beds, baths, and sale history.
What are the property facts for 740 Magalloway Dr?
740 Magalloway Dr is a 6 bed, 6 bath, 5,441 sqft, 21,780 sqft lot single_family.
Is 740 Magalloway Dr a flip candidate?
No — 740 Magalloway Dr does not appear in our flips dataset.
Is 740 Magalloway Dr a tax-appeal candidate?
No — 740 Magalloway 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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