1025 Phar Lap Pl, Cary, NC 27519 Property Records

Wake County property record for 1025 Phar Lap Pl, Cary, NC 27519

Property Summary

Property TypeSingle Family Home
Details3.5 ba · 4,338 sqft · built 2018
Lot Size0.3 acres (13,068 sqft)
Owner2 Company Names on Record
Last Sale$769,500 (Oct 2018)
Tax Bill$10,112 (2025)
Deeds & MortgagesMar 2023 Mortgage
Oct 2018 Sale & Mortgage
Flood ZoneZone X (minimal risk)
APN0735.01-07-2259-000

Property Details

APN / Parcel Number

Primary APN0735.01-07-2259-000
Alternative APNs
  • 0735.01-07-2259 0456185
  • 0735072259
  • 0456185

Interior

Full Baths3.5 Baths
Half Baths1 Half Bath
Stories1 Story
Building Area4,338 sqft Living Area
Fireplaces1 Fireplace
FireplaceFireplace

Exterior

Year BuiltBuilt 2018
Effective Year BuiltEffective 2018
Architectural StyleConventional
Construction TypeFrame
Foundation TypeNo Foundation
Lot Area13,068 sqft (0.3 acres)
Garage Area575 sqft

Utilities, Heating & Cooling

Cooling SystemCentral
Heating SystemForced Air with A/C

Location & Zoning

Account Number0456185
Street Address1025 PHAR LAP PL
CityCARY
StateNC
Zip27519-6741
Property CategoryResidential
Property TypeResidential > Single Family > Home
Local Zoning CodeR8CU
Legal DescriptionLO21 RIDGEFIELD FARMS PH1 BM2017-02615
Legal SubdivisionRIDGEFIELD FARMS PH1
Legal Phase1
Legal Lot Number21
JurisdictionWAKE NC
Township / Civil DivisionWHITE OAK
Census Block Group2
Census Block2014
Census Tract53617

Owner

Source: Wake County records, as of September 9, 2025

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of Record2 Company Names on Record
Mailing Address1025 PHAR LAP PL, CARY, NC 27519-6741
OccupancyOwner Occupied
Owner TypeCompany
VestingTrust, Family Trust

Deeds, Mortgages & Sale History

DateDocument
Mar 13, 2023Deed of Trust, Mortgage · Conventional Mortgage
THIRD FSLA OF CLEVELAND
Oct 1, 2018Warranty Deed, Subdivision Related Transfer · Conventional Mortgage
TAYLOR MORRISON HOME FUNDING

Assessor's Deed Record

Deed Names2 Names on Deed
Last SaleOct 1, 2018 · Amount on Record
Deed SaleOct 1, 2018 · Amount on Record
Deed Book / Page17256 / 2054
Last Transfer DateMay 14, 2024
Transfer Doc19609/1678
Record UpdatedJun 8, 2026

March 2023: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionWAKE NC
Property Address1025 PHAR LAP PL, CARY, NC 27519-6741
Transaction TypeMortgage
Record UpdatedMar 23, 2023
Title CompanySERVICELINK

Transferred To (Grantee/Buyer)

NameVerified Name
Address1025 PHAR LAP PL, CARY, NC 27519-6741

Mortgage

Document Number019282/702
DateMar 13, 2023
Book Page19282/702
Lender
NameTHIRD FSLA OF CLEVELAND
TypeBank
AddressCLEVELAND, OH 44105
Agreement
TypeConventional Mortgage
AmountAmount Recorded
Term361 Months
DueApr 1, 2053
Interest
Rate TypeAdjustable Rate
Rate5.29%
Type Change DateApr 1, 2028
Change FrequencyAnnually
Min Rate At Change3.29%
Max Rate At Change7.29%
Index1-Year T-Bill
Max Rate11.2%

October 2018: Warranty Deed, Subdivision Related Transfer

Document TypeWarranty Deed
JurisdictionWAKE NC
Recording DateOct 1, 2018
Property Address1025 PHAR LAP PL, CARY, NC 27519-6741
Document Number172562054
Book / Page017256 / 002054
Instrument DateSep 28, 2018
Transaction TypeSubdivision Related Transfer
Record UpdatedJan 16, 2019
Title CompanyATTORNEY ONLY

Transaction

AmountAmount Recorded
DownpaymentDownpayment on Record
Loan-to-Value (LTV)LTV on Record
Tax$1,539.00
Additional
  • Arm's Length

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipHusband and Wife
Address1025 PHAR LAP PL CARY NC 275196741, CARY, NC 27519-6741

Mortgage

Document Number172562056
DateOct 1, 2018
Book Page017256/002056
Lender
NameTAYLOR MORRISON HOME FUNDING
TypeFunding / Finance Company
AddressMAITLAND, FL 32751
Agreement
TypeConventional Mortgage
AmountAmount Recorded
Term360 Months
DueSep 30, 2048

Tax Assessment & Valuation

Source: Wake County assessment roll, as of September 9, 2025

Property Jurisdictions

TypeName
StateNorth Carolina
MunicipalityCary Town
CountyWake County
Unified School DistrictWake County Schools (PK - 12)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2025$10,112.00 (+33.95%)$1,177,551 (+56.71%) Land $260,000 Building $917,551$1,177,551 (+56.71%) Land $260,000 Building $917,551
2023$7,549.00$751,422 Land $250,000 Building $501,422$751,422 Land $250,000 Building $501,422

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

Flood

Source: FEMA National Flood Hazard Layer, effective September 7, 2026 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood ZoneZone X
minimal risk
Flood Insurance RequirementNot required
lenders may require it
Community Rating SystemClass 7 (15% premium discount)
Nearby Flood Policies4 in force

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Wildfire

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire RiskLow
lower than 95% of the US · lower than 97.4% of North Carolina
Wildfire LikelihoodUnder 0.01% annual chance
ExposureDirect
burnable vegetation

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Internet Providers

Source: FCC Broadband Data Collection, based on 197 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
Google Fiber
Fiber
8,000 / 8,000
AT&T
Fiber
5,000 / 5,000
Spectrum
Cable · Fiber in parts of the area
1,000 / 1,000
Verizon
Fixed Wireless
300 / 20

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