Sales comparison approach using 3 comparable sales within 0.5 miles sold in last 6 months. Adjusted for size, condition, and features. Assessed value of $732,450 aligns with market estimate.
Updated 3-Bed Traditional Home with Detached Garage in Carpenter Village
This Carpenter Village residence makes its case immediately: a two-story traditional home offering 2,580 square feet of thoughtfully updated living space and a rare rear-alley, 2-car detached garage that preserves curb appeal. Hardwood runs through the main level, guiding you from the entry into a comfortably scaled living room with a fireplace—an ideal setting for conversation or a quiet evening.
The heart of the home is an updated kitchen appointed for everyday life: recent improvements reduce short-term maintenance needs and create a clean, contemporary backdrop for meals and gatherings. Fresh paint throughout and new carpeting upstairs deliver a crisp, move-in ready feel. Upstairs, three bedrooms and two full baths provide private quarters with a layout that works for families or a work-from-home arrangement. The upstairs carpet replacement modernizes the sleeping areas while preserving original character in public rooms.
Outside, the 0.13-acre lot is low-maintenance and benefits from a level yard and mature landscaping typical of Carpenter Village. Rear alley access keeps the front facade tidy and brings easy utility to the detached garage—useful for storage, projects, or parking. Community amenities are an extension of the property: the Carpenter Village clubhouse, pool, tennis courts and walking trails are within a short stroll, making outdoor recreation and social life effortless.
Location is a core asset: this home sits roughly 5 miles from Research Triangle Park and about 6 miles from Downtown Cary, a commute-friendly spot for professionals. Families will appreciate proximity to Carpenter Elementary (8/10), Alston Ridge Middle (7/10), and Panther Creek High (9/10). With recent updates and a solid maintenance profile, this home offers both immediate livability and long-term appeal in one of Cary’s most in-demand neighborhoods.
See the properties helping shape the valuation.
Comparable sales
- 383 SF larger
- 1 additional bedroom
- Similar lot size
- 4 years newer
- 123 SF larger
- 1 additional bedroom
- 872 SF larger lot
- Same year built
- 399 SF smaller
- 870 SF smaller lot
- Same year built
A 1998 traditional on 0.13 acres.
Building
Site & utilities
Carpenter Village
Researched nearby locations
Location
104 Ivy Tree Pl, Cary, NC 27519
Carpenter Village blends garden-style streets, community amenities and strong schools—an appealing setting for young families and professionals. Residents enjoy a clubhouse, pool, tennis courts, and walking trails that create neighborhood activity year-round. Parkside Town Commons and other shopping/dining options are an easy drive, while Research Triangle Park and Downtown Cary keep commuting practical. The community’s well-regarded schools and steady appreciation have made Carpenter Village a consistently desirable address in Cary.
Very good recreational access with a neighborhood pool, tennis courts and walking trails within a short stroll; Carpenter Park is 0.5 miles away and broader park/shopping options are within a short drive.
A factual market snapshot around 104 Ivy Tree Pl.
Carpenter Village currently behaves like a seller’s market: inventory sits around 2.5 months with average days on market near 30. Recent area data show median sale prices close to $700,000 and neighborhood appreciation of roughly 25% over five years with modest 1-year growth (about 5%). Comparable closed sales in the immediate area have ranged $700K–$750K, supporting a midpoint valuation near $725,000 ($281/SF). Single-family homes in this pocket move quickly—limited inventory and strong school ratings drive competition, and homes frequently receive multiple offers when presented attractively.
For buyers, that means preparedness is crucial: pre-approval, timely inspections, and a clear understanding of HOA rules will strengthen offers. For investors, rental comparables and a market rent estimate near $2,500/month (≈$0.97/SF) point to steady leasing demand—particularly from RTP professionals—though gross rental yield is modest (≈4.1%). Overall, this is a market that rewards homes presenting turnkey condition and proximity to neighborhood amenities; current conditions favor sellers but provide buyers access to high-quality schools and durable appreciation drivers.
Residential 12
Zoning
Research-indicated uses
- Single Family
- Accessory Dwelling Unit
- Home Occupation
Assessment data and recorded transactions.
Assessed value is kept visually separate from the CompCasa market-value estimate.
Tax assessment
Sale history
Rental references from the research record.
Context only—not an investment recommendation or guarantee of achievable rent.
Supporting lease references
- 140 SF smaller
- 120 SF larger
- 1 additional bedroom
What the research supports — and what is still worth verifying.
Key findings
- Assessed value $732,450 (land $213,750, improvements $518,700) — annual taxes $6,200
- Zoned R-12 — single-family residential with potential for accessory dwelling units
- 3 comparable sales within 0.5 miles in last 6 months range $700K–$750K
- Average days on market in Carpenter Village: 30 days (seller's market)
Still worth verifying
Routine buyer due diligence items; these are not known defects.
- Confirm lot dimensions and boundaries
- Verify age and condition of major systems (HVAC, roof, plumbing)
- Review HOA regulations and fees
- Professional home inspection
What stands out about this property.
Interior Features
- 3 bedrooms, 2.5 bathrooms
- 2,580 square feet of finished living space
- Hardwood floors on main level
- Updated kitchen with recent improvements
- Fresh interior paint
- New carpeting upstairs
- Fireplace in living room
- Central AC and forced-air heating
Exterior & Lot
- 0.13-acre, level lot
- 2-car detached garage accessed via rear alley
- Asphalt shingle roof
- Mature landscaping
- Front pedestrian access from Ivy Tree Pl
- Low-maintenance yard
Location & Neighborhood
- Carpenter Village neighborhood
- Carpenter Village Clubhouse 0.1 mi
- Carpenter Park 0.5 mi
- Parkside Town Commons ~2 mi
- Approximately 5 miles to RTP and 6 miles to Downtown Cary
- Wake County Public School System
Walkability & Recreation
- Walkability Rating: 60/100 — Some walkable amenities
- Community pool, tennis courts, and walking trails within easy walking distance
- Carpenter Park nearby for green space and play areas
- Parks and shopping within a short drive (Parkside Town Commons)
- Neighborhood paths suitable for daily walks and family outings
- Recreation options attractive to families and active professionals
Sources & research confidence.
See where the property research came from and how confidence varies by field.