13 days on rocket

501 Sorrell St, Cary, NC, 27513

$385,000

Home List Price

$4,572*

Closing Credit

2 Bedrooms
2 Full Baths
1,008 SqFt
$382/SqFt
House
Schools Nearby

Location

Image provided by Mapbox

Get An Agent. Get A Mortgage.

Save BIG.

Rocket Homes logo

501 Sorrell St, Cary$385,000

Buyer Closing Credits

$4,572*

1.25% Loan Amount

Rocket Homes logo

Still Have Questions? Contact Us.

Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence
Year Built1987
HeatingNatural Gas
CoolingHeat Pump
MLS #10024279
Lot Size0.27 Acres
StatusActive

About 501 Sorrell St

Original 2Br 2Ba home on the edge of Cary's growing downtown! Wooded lot provides a serene setting. Has been a long term rental and would be a great investment opportunity or ideal for first time home buyers. Home is being sold as-is. Home has a lease in place thru July 2025.

Property Details

Property Features

Property Information:

  • Architectural Style: Craftsman
  • Year Built: 1987
  • Living Area: 1,008 SqFt

Listing Office:

  • Office Name: Walk to State, LLC
  • Office Phone: (919) 825-1776
  • Listing Agent: Matt Strickland Zaytoun, Katsiaryna Popa

Interior Features

Interior Information:

  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Exhaust Fan, Refrigerator
  • Flooring Type: Carpet, Linoleum
  • Interior: Breakfast Bar, Ceiling Fan(s), Living/Dining Room Combination

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Exterior: None, Deck, Gutters, Storage

Lot Features

Lot Information:

  • Lot: Rectangular Lot, Wooded
  • Lot Size: 0.27 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas
  • Cooling: Heat Pump

School Info

Assigned Schools Information:

  • Cary High School, Public District Grades 9-12
  • Wake Early College of Health and Science, Public District Grades 9-12
  • Reedy Creek Middle School, Public District Grades 6-8
  • Kingswood Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: From I-40 take Chapel Hill Rd. exit towards Cary. After crossing over Maynard Rd and passing Reedy Creed Rd, look for Sorrell St. on the right and turn right on to Sorrell St. Home is on righthand side across from Storm Ct.

Price Information

Listing Price Info

Price Summary:

  • List Price: $385,000
  • Price Per SqFt: $382/SqFt

Tax Information:

  • Annual Amount: $2,015
  • Tax Year: 2021
House and calculator

What can I afford?

Understand what home price range makes sense for your budget.

Housing Market Comparison

See how this home compares to others in Cary, NC.

Map thumbnail provided by MapBox

Cary, NC

City

Med. Sold Price

$595.7K

Med. Price/SqFt

$257

Avg. Days On Market

12

# of Sold Homes

167

501 Sorrell St vs Cary

13 DAYS ON ROCKET

+1 Day

$385,000

-$210.7K Less

$382/SqFt

+$124 More

KEY TAKEAWAY

This property is $210.7K less than the Median Sold Price and $124/SqFt more than other homes in Cary, NC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Triangle MLS
  • MLS Number: #10024279

Listing Office:

  • Office Name: Walk to State, LLC
  • Office Phone: (919) 825-1776
  • Listing Agent: Matt Strickland Zaytoun, Katsiaryna Popa

IDX Copyright © 2024 Triangle MLS, Inc. of North Carolina. All rights reserved.

Listings marked with an icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database.

The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental.

Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/3/2024, 10:20:43 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$2,015$211,136
2020$2,025$211,136
2019$1,592$156,545
2018$1,531$156,545

History based on county public records data.

Payment Calculator

$1,989

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,221

Powered By

Rocket Mortgage

Advertisement

NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-5259558
5
/10

  • Kingswood Elementary School

  • 200 E Johnson St

  • 0.36 miles

  • Public District Grades KG-5

Middle School

school-card-donut-5259559
6
/10

  • Reedy Creek Middle School

  • 930 Reedy Creek Rd

  • 1.27 miles

  • Public District Grades 6-8

High School

school-card-donut-5259560
5
/10

  • Cary High School

  • 638 Walnut St

  • 1.61 miles

  • Public District Grades 9-12

school-card-donut-5259561
10
/10

  • Wake Early College of Health and Science

  • 2901 Holston Ln

  • 10.53 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $63,431. Typical income of Cary, NC residents is between $35k-100k annually. Typical family type is single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 501 Sorrell St

What is the listing price of this property?

The listing price of 501 Sorrell St property is $385,000.

What type of property is this?

The property 501 Sorrell St is a house located in Cary, North Carolina, 27513.

Is this property for sale now?

Active Listing: 501 Sorrell St is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 501 Sorrell St are:
Kingswood Elementary School: GreatSchools Rating 5/10
Reedy Creek Middle School: GreatSchools Rating 6/10
Cary High School: GreatSchools Rating 5/10
Wake Early College of Health and Science: GreatSchools Rating 10/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $2,015 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 501 Sorrell St has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 501 Sorrell St is 1,008 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 501 Sorrell St is 1987.

Rocket Homes›North Carolina›Wake County›Cary›27513›501 Sorrell St

This home is located at 501 Sorrell St in Cary, NC and zip code 27513. This 1,008 square foot home, which was built in 1987, sits on a 0.27 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 19, 2024 and is currently priced at $385,000.

In April 2024 more than 88 listings in Cary, NC were sold above the asking price. During the same period more than 26 listings were sold at asking price, while more than 53 were sold below. The number of listings in Cary, NC increased by 1.8% between March 2024 and April 2024. The median list price of listings available in April 2024 was $595,750, while the average time on the real estate market was 12 days.

From Rocket Homes Real Estate and based on county public records data.

More Resources