Residential > House
Active
04/17/2025
List Price
$1,190,000$1,014/ft²
408 Madison Ave
Cary, NC 27513
- 3Beds
- 2Baths
- 1,174ft²Living Area
- 0.4acLot Size
- -Pool
- 3Car
- 1971Year Built
- 178DOM
- 2Permits
408 Madison Ave, Cary, NC 27513 is a 3 bed, 2 bath, 1,174 ft² house built in 1971 on a 0.370 acre lot with 2 construction permits. This house is currently on the market for $1,190,000. The latest TopHap estimate of the house's value is $375,135.
Property Valuations
Latest estimates for 408 Madison Ave based on TopHap automated valuation model (AVM).
TopHap Estimate
$375,135
$319/ft²
-$815K below List Price
Updated 7 months ago
408 Madison Ave is valued at $375,135 by TopHap AVM 7 months ago.
MLS Description
The listing agent's description. Original Listing
The largest piece of a 1.12-Acre combined lot next to Downtown Cary--you can NOT miss it! 0.37 Acres of 4 adjacent parcels totaling of 100% buildable 1.12 prime acres of Land in the heart of Downtown Cary! This 1.12-acre continuous land has the potential to be subdivided and built into high-end townhomes, condos, or apartments. With public water, sewer, and power already available, this is a developer's dream in one of the Triangle's most desirable and fast-growing areas! Right next to the Business Development District of Town of Cary, just a short walk to bus stops, Cary Station, shopping, restaurants, coffee shops, banks, Cary Downtown Park, museums, and the new library, These 4 adjacent parcels offer unbeatable location, walkability, and long-term value. Whether you are a builder, investor, or developer, This is your chance to secure a large footprint in downtown Cary-an opportunity that rarely comes along! The combined listings are 10093410, 10094396, 10095144. Lot limits are just for illustration. Accurate lot lines will be decided by survey. Buyers are responsible for verifying the details for development.
Listing Agents
The listing agent for 408 Madison Ave is Xueni Chang.
XC
Xueni Chang
Costello Real Estate & Investm
Phone: (919) 917-9583
Permits
408 Madison Ave has 2 permit records.
Permit History
2
Permits
Current Ownership
Information about the current owner(s).
Taxes Billed
Taxes billed in 2024$3,104.96From latest Total Assessed Value0.84%Total Assessed Value$367,915=Land+
Assessed Value$205,000Additions
Assessed Value$162,915
In 2024, taxes billed for 408 Madison Ave were $3,104.96, which is 0.84% from latest Total Assessed Value of $367,915.
Property History
408 Madison Ave has undefined property events records (listings, deeds, permits, tax, foreclosure, loan).
Property Events
Environment
Environmental factors around 408 Madison Ave
Hazard Risks
Hurricane207Weather139Carb Mono119Particulates104Nat'l Avg100Hail100Air Pollution93Ozone88Wind83Tornado70Lead47Earthquake44
12 hazards (Carbon Monoxide, Earthquake Risk, Hail Index, Tornado Index, Hurricane Index, Air Pollution Index, Ozone Index, Wind Index, Weather Risk, Lead Index, Particulate Matter, National Average) are above the national average around 408 Madison Ave.
Walkability Index
12 /20
Most Walkable
20-18
Very Walkable
17-15
Somewhat Walkable
14-10
Car Dependent
9-0
408 Madison Ave has a walkability score of 12 out of 20, which means that it is in a somewhat walkable area.
Temperature
Seasonal temperature sampled over multiple years
Winter
Average
Low
31°F
High
53°F
Summer
Average
Low
66°F
High
87°F
In the winter at 408 Madison Ave, temperatures range from 31.17°F to 52.63°F with an average of 41.9°F. In the summer, the temperature ranges from 66.19°F to 87.25°F with and average of 76.72°F.
School Information
Public/private schools serving 408 Madison Ave
Public Schools
Wake Early College of Health and Science
Grades: 9-12
11.53 mi
A+
Cary High School
Grades: 9-12
1.73 mi
C+
Reedy Creek Middle School
Grades: 6-8
2.06 mi
B-
Kingswood Elementary School
Grades: PK-5
0.72 mi
B-
Wake STEM Early College High School
Grades: 9-12
7.01 mi
A+
Wake Young Women's Leadership Academy
Grades: 6-12
7.32 mi
A
Wake Young Men's Leadership Academy
Grades: 6-12
9.03 mi
A-
* The school rating is based entirely on the test score performance of each school. It is based on a scale of A-F, A being best.
Nearby public schools serving 408 Madison Ave have ratings undefined, undefined, undefined, undefined, undefined, undefined, and undefined.
Neighborhood
This property is located in 27513.
Seasonal Housing units 27513
22%of housing is for seasonal rent.
Daytime Population for 27513
+21%of people during work hours.
Crime Index for 27513
65
65
The crime index in 27513 is 65, which is 0.7 times lower than national average.
Market Trends
Historical market data near 408 Madison Ave over selected time period.
Nearby Properties on Madison Ave
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- 425 Madison Ave, Cary, NC 27513 (Towns Of Madison) is a 2,076 square foot, 3 bathroom, 0.04 acre property. It was built in 2006 and has an estimate of $466,164 with a price per ft² of $225.
- 842 Madison Ave, Cary, NC 27513 (Madison Oaks) is a 1,445 square foot, 2 bathroom, 0.21 acre property. It was built in 1994 and has an estimate of $480,965 with a price per ft² of $333.
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- 411 Madison Ave, Cary, NC 27513 (Towns Of Madison) is a 2,052 square foot, 3 bathroom, 0.04 acre property. It was built in 2006 and has an estimate of $460,163 with a price per ft² of $224.
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- 917 Madison Ave, Cary, NC 27513 (Madison Oaks) is a 1,236 square foot, 2 bathroom, 0.34 acre property. It was built in 1993 and has an estimate of $432,507 with a price per ft² of $350.
- 405 Madison Ave, Cary, NC 27513 (Towns Of Madison) is a 2,076 square foot, 2 bathroom, 0.03 acre property. It was built in 2005 and has an estimate of $451,000 with a price per ft² of $217.
- 409 Madison Ave, Cary, NC 27513 (Towns Of Madison) is a 2,090 square foot, 2 bathroom, 0.04 acre property. It was built in 2005 and has an estimate of $454,826 with a price per ft² of $218.
- 422 Madison Ave, Cary, NC 27513 (Sunset Hills) is a 1,104 square foot, 3 bedroom, 2 bathroom, 0.34 acre property. It was built in 1959 and has an estimate of $245,000 with a price per ft² of $222.
- 825 Madison Ave, Cary, NC 27513 (Oakwood Heights) is a 1,839 square foot, 1 bathroom, 0.35 acre property. It was built in 1976 and has an estimate of $516,146 with a price per ft² of $281.
- 519 Madison Ave, Cary, NC 27513 (Sunset Hills) is a 1,256 square foot, 1 bathroom, 0.28 acre property. It was built in 1958 and has an estimate of $350,616 with a price per ft² of $279.
- 905 Madison Ave, Cary, NC 27513 (Madison Oaks) is a 1,294 square foot, 2 bathroom, 0.54 acre property. It was built in 1992 and has an estimate of $481,501 with a price per ft² of $372.
- 403 Madison Ave, Cary, NC 27513 (Towns Of Madison) is a 2,066 square foot, 2 bathroom, 0.04 acre property. It was built in 2005 and has an estimate of $448,894 with a price per ft² of $217.
- 901 Madison Ave, Cary, NC 27513 (Madison Oaks) is a 1,626 square foot, 2 bathroom, 0.26 acre property. It was built in 1996 and has an estimate of $430,301 with a price per ft² of $265.
- 915 Madison Ave, Cary, NC 27513 (Madison Oaks) is a 1,106 square foot, 2 bathroom, 0.32 acre property. It was built in 1991 and has an estimate of $416,388 with a price per ft² of $376.
- 921 Madison Ave, Cary, NC 27513 (Madison Oaks) is a 1,214 square foot, 2 bathroom, 0.39 acre property. It was built in 1993 and has an estimate of $429,555 with a price per ft² of $354.
- 929 Madison Ave, Cary, NC 27513 (Madison Oaks) is a 1,358 square foot, 2 bathroom, 0.32 acre property. It was built in 1992 and has an estimate of $438,449 with a price per ft² of $323.
- 841 Madison Ave, Cary, NC 27513 (Madison Oaks) is a 1,121 square foot, 2 bathroom, 0.26 acre property. It was built in 1990 and has an estimate of $459,946 with a price per ft² of $410.
- 523 Madison Ave, Cary, NC 27513 (Sunset Hills) is a 980 square foot, 1 bathroom, 0.3 acre property. It was built in 1961 and has an estimate of $354,645 with a price per ft² of $362.
- 932 Madison Ave, Cary, NC 27513 (Madison Oaks) is a 1,040 square foot, 2 bathroom, 0.46 acre property. It was built in 1992 and has an estimate of $418,447 with a price per ft² of $402.
- 811 Madison Ave, Cary, NC 27513 (Oakwood Heights) is a 1,414 square foot, 2 bathroom, 0.43 acre property. It was built in 1976 and has an estimate of $468,710 with a price per ft² of $331.
- 816 Madison Ave, Cary, NC 27513 (Oakwood Heights) is a 1,875 square foot, 2 bathroom, 0.27 acre property. It was built in 1976 and has an estimate of $520,291 with a price per ft² of $277.
- 840 Madison Ave, Cary, NC 27513 (Madison Oaks) is a 1,657 square foot, 2 bathroom, 0.22 acre property. It was built in 1990 and has an estimate of $547,835 with a price per ft² of $331.
- 709 Madison Ave, Cary, NC 27513 (Oakwood Heights) is a 2,014 square foot, 2 bathroom, 0.39 acre property. It was built in 1972 and has an estimate of $482,285 with a price per ft² of $239.
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