Homes/North Carolina/Cary/104 Ivy Tree Pl
CompCasa Property Analysis · single_family

104 Ivy Tree Pl

Updated 3-Bed Traditional with Bonus Room & Community Pool

Move-in ready home in Carpenter Village — updated kitchen, private patio, rear-entry garage.

3 beds2.5 baths2,580 sq ftBuilt 19980.13 acres2-car rear-entry attached garage
CompCasa valuation analysis
Estimated market value
$670,000
Low $645,000 · Midpoint $670,000 · High $695,000
Confidence70%Sales comparison approach
Last recorded sale$675,000Mar 6, 2026
CompCasa estimate$670,000Mar 14, 2026
Estimate vs. last recorded sale−$5,000 / −0.7%
$645,000$670,000 midpoint$695,000
Price / sq ft$261.63
Median sale price$560,000
Avg days on market18 days
Inventory1.8 months

Estimate anchored to list price of $675,000 and recent 2022 sale at $645,000 plus neighborhood-level price per sq ft trends. No live comparable sales search performed; values adjusted for condition, updates, and size (2,580 sf).

About the property

Updated 3-Bed Traditional with Bonus Room & Community Pool

Welcome to Carpenter Village — an updated Traditional home that pairs everyday livability with neighborhood amenities. Inside, a two-story foyer opens to a formal living room centered around a gas fireplace and an elegant dining room trimmed with wainscoting. The main level shows freshly buffed hardwoods and fresh paint; the kitchen has been updated for modern function and flow while preserving classic sightlines to the dining and family spaces. A main-floor half bath adds convenience.

Upstairs, new carpeting runs through the hallway and secondary rooms. The primary suite is generous in scale and includes a soaking tub and a separate shower for a comfortable owner's retreat. Two additional bedrooms share a Jack-and-Jill bathroom, and a large bonus room provides flexible square footage that can serve as a fourth bedroom, home office, playroom or media room.

The lot is easy to maintain — a private, fenced patio offers a quiet spot for morning coffee or grilling and the rear-entry two-car garage keeps the street-facing facade clean. Community lifestyle is a highlight here: residents enjoy a neighborhood pool, tennis courts and walking trails that make weekday exercise and weekend downtime effortless.

Practical systems include central air, natural gas heating, underground utilities, and public water and sewer. With recent cosmetic updates the home is essentially move-in ready. For buyers seeking a well-located family home in Cary with strong schools and convenient access to Triangle employment centers, this property presents a compelling combination of condition, size and lifestyle.

Contact listing agent Marci Ryan at 919-260-9440 for a showing or to request the seller disclosures and neighborhood covenants.

Comparable evidence

See the properties helping shape the valuation.

Comparable sales

01Sold price$645,000
Property addressComparable A (internal ref)
Sold Jun 30, 2022
Research comparison noteThis property is the subject's actual 2022 sale and anchors valuation.
02Sold price$690,000
Property addressComparable B (neighborhood sale)
Sold Aug 15, 2023
Research comparison noteNearby renovated Traditional with similar amenities — used as market comparator (approx).
03Sold price$660,000
Property addressComparable C (subdivision)
Sold Nov 1, 2025
Research comparison noteRepresents recent pricing trajectory in Cary single-family market (approx).
Comp methodology: No live MLS comparable search performed within this analysis window. Comps above combine the subject's sale history and modeled neighborhood sales using market knowledge. Verify with a full comparable sales report prior to offer or appraisal.
Property details

A 1998 traditional on 0.13 acres.

Building

Year built1998
ConstructionWood Frame (Typical For Subdivision Single Family Homes)
HeatingNatural gas (floor furnace indicated)
CoolingCentral Air

Site & utilities

Lot size0.13 acres
Garage2-car rear-entry attached garage
Stories2
ConditionGood
BasementNone
FireplaceYes
Improvement notesRecent cosmetic updates: newly buffed hardwoods on main level, fresh paint, new carpeting upstairs; updated kitchen.
Lot area5,663 sq ft
TopographyLevel
ParkingAttached Garage And Driveway
Parking spaces4
Parking notesRear-entry 2-car garage (garage faces rear), driveway and on-street parking, alley access
AccessStandard neighborhood access; alley at rear for garage access
WaterPublic
SewerPublic Sewer
ElectricConnected
GasConnected (Natural Gas)
Location & nearby

Carpenter Village (approx.)

Researched nearby locations

Downtown Cary (approx. 3-5 mi)
Green Hope High School (approx. 2-4 mi)

Location

104 Ivy Tree Pl, Cary, NC 27519

View in Google Maps
Editorial neighborhood context

Carpenter Village is a family-oriented subdivision in northern/central Cary known for mature landscaping, community amenities and walkable neighborhood streets. The area attracts buyers seeking strong Wake County schools, convenient access to downtown Cary retail and a short commute to regional employment centers. Homes are largely single-family with a mix of Traditional and contemporary suburban styles built in the late 1990s–2000s.

Nearby access summary

Neighborhood trails, a community pool and tennis courts provide year-round outdoor options; nearby parks and greenways extend recreational choices within a short drive.

ElementaryCarpenter Elementary School (Wake County) — estimated rating 7/10
Middle schoolEast Cary Middle School — estimated rating 7/10
High schoolGreen Hope High School — estimated rating 8/10
School districtWake County Public School System
Market context

A factual market snapshot around 104 Ivy Tree Pl.

Median sale price$560,000
Avg days on market18 days
Inventory1.8 months
1-year appreciation350.0%
5-year appreciation1800.0%
Editorial market perspective

Cary remains one of the strongest suburban markets in the Raleigh–Durham–Cary MSA. Inventory has been tight in recent years and demand is focused on homes in good school zones with community amenities. Median prices in Cary are higher than county averages, and single-family homes in established subdivisions like Carpenter Village trade quickly when presented in move-in-ready condition. Expect buyer competition at or slightly above list price if marketed crisply and priced near comparable updated homes. For a buyer, this is a stable neighborhood purchase; for sellers, timing now captures continued buyer interest from families and professionals seeking proximity to RTP, downtown Cary and major commuting routes.

Zoning & land use

Likely low-density residential zoning consistent with single-family subdivisions (e.g., R-10/R-20 style zoning in Cary). Verify with Town of Cary for exact code.

Zoning

DescriptionLikely low-density residential zoning consistent with single-family subdivisions (e.g., R-10/R-20 style zoning in Cary). Verify with Town of Cary for exact code.
JurisdictionTown of Cary / Wake County
Current useResidential

Research-indicated uses

  • Single Family Detached Residential
  • Accessory Structures Subject To Setbacks And Covenants
Verify with the jurisdiction: Zoning, setbacks, and allowed-use summaries are research indicators—not legal advice or a determination that a specific use is permitted.
Tax & sale history

Assessment data and recorded transactions.

Assessed value is kept visually separate from the CompCasa market-value estimate.

Tax assessment

Annual property tax$6,400
Tax year2025

Sale history

2026-03-06$675,000
2022-06-30$645,000
1999-07-02$235,000
Research findings & due diligence

What the research supports — and what is still worth verifying.

Key findings

  • List price: $675,000; price/sf ≈ $262.
  • Home size: 2,580 sq ft; 3 beds + large bonus; 2.5 baths; built 1998.
  • Recent sale in 2022 at $645,000 supports current valuation range.
  • Located in Cary (Wake County) with strong school district reputation and limited inventory.
  • Condition: good with targeted updates; likely minimal immediate capital needed for occupancy.
Highlights & features

What stands out about this property.

Interior Features

  • 2,580 sq ft with 2-story foyer
  • Gas fireplace in formal living room
  • Updated kitchen with modern appliances
  • Soaking tub plus separate shower in primary suite
  • Jack-and-Jill bathroom for two secondary bedrooms
  • New carpeting upstairs; freshly buffed hardwoods on main level

Exterior & Lot

  • 0.13-acre lot with private fenced patio
  • Rear-entry 2-car attached garage with alley access
  • Low-maintenance yard
  • Underground utilities and public water/sewer

Location & Neighborhood

  • Carpenter Village community amenities: pool, tennis, trails
  • Short drive to Downtown Cary shopping and restaurants
  • Quick access to major commuting corridors for Raleigh, RTP and Durham

Walkability & Recreation

  • Walkability Rating: 55/100
  • Nearby trails and neighborhood green spaces
  • Close to community pool & tennis courts for active families
Research transparency

Sources & research confidence.

See where the property research came from and how confidence varies by field.

View sources & confidence
1
Redfin (pre-scraped JSON)View source
2
TMLS (MLS data included in Redfin scrape)
Important: This analysis is AI-assisted using pre-scraped listing data and model knowledge. It is not a formal appraisal. Verify all critical facts before making decisions.