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240 Michigan Ave, Cary, NC, 27519

3beds
4baths
1,792sqft
$344,500
$192price/sqft
$2,264/moest. monthly cost
$90,560/yrincome needed

About This Home

New paint and Carpet! End-unit townhome located in the Cary Park area of West Cary. The entry level includes a flexible bedroom or office space on the main floor. The main living area features hardwood floors, ceiling fans, and an open kitchen with granite countertops, stainless steel appliances, newer hot water heater and a center island that provides additional workspace and storage. The upper level includes the primary suite with a walk-in closet and tub/shower combination. A rear-entry garage with new epoxy floor and driveway provide additional parking. Community amenities include a pool and clubhouse, with convenient access to nearby shopping, dining, new McCrimmon Parkway parks, pickleball courts and commuter routes.

Getting Around

29
WalkingCar-Dependent
0
TransitNo Nearby Transit
16
BikeSomewhat Bikeable

Schools

9/10
Green Hope ElementaryGrades PK-52.6 mi
10/10
Davis Drive MiddleGrades 6-84.3 mi
10/10
Panther Creek HighGrades 9-120.4 mi

Construction

Condition

  • Year built: 2011

Materials

  • Foundation: Slab
  • Roof: Shingle
  • Construction materials: Brick,Fiber Cement

Type & Style

  • Home type: Townhouse
  • Architectural style: Transitional
  • Property subType: Townhouse,Residential

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Range,Refrigerator
  • Laundry features: In Unit

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 4
  • Full bathrooms: 3
  • 1/2 bathrooms: 1

Features

  • Bathtub/Shower Combination,Ceiling Fan(s),Entrance Foyer,Granite Counters,Pantry
  • Flooring: Carpet,Wood
  • Finished area below ground: 0
  • Finished area above ground: 1,792
  • Common walls with other units/homes: End Unit

Heating & Cooling

  • Heating features: Forced Air,Natural Gas
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,792
  • Total interior livable area: 1,792 sqft

Property

Details

  • Parcel number: 0735068161
  • Attached to another structure: Yes
  • Zoning: TRP
  • Special condition: Standard

Features

  • Levels: Three Or More
  • Stories: 3
  • Pool features: Community
  • Patio & porch: Deck
  • Has view: Yes

Lot

  • Lot size: 1,306 sqft
  • Features: Landscaped

Parking

  • Total spaces: 4
  • Parking features: Garage,Garage Door Opener,Garage Faces Rear
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1
  • Has uncovered spaces: Yes
  • Uncovered spaces: 3

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Inland Flooding
    Inland FloodingRelatively High
  • Hail
    HailModerate
  • Heat Wave
    Heat WaveModerate
  • Lightning
    LightningModerate
  • Tornado
    TornadoModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Inland Flooding
Hail
Heat Wave
Lightning
Tornado
Winter Weather

FEMA Declared Disasters in Wake County and North Carolina

Flood
Hurricane
Mud Landslide
Severe Storm
Tropical Depression
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,741$20,892
Home Insurance *$78$936
Property Taxes $245$2,940
Electricity $200$2,405
Total$2,264$27,168
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$77,622/yr
40% on housing$67,920/yr
45% on housing$60,373/yr

North Carolina FAIR Plan Programs

North Carolina Joint Underwriting Association - FAIR Plan

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →

NCIUA - Coastal Property Insurance Pool (CPIP)

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 235,990Commercial: 10,165
Total Premiums$278.20M
Total Exposure$57.33B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 9.2%
9.2%
0%30.0%
Electricity Growth Rate10-year average: 4.0%
4.0%
0%15.0%
Property Taxes Growth Rate2-year average: 4.6%
4.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$192This listing

vs Other Active Listings

Avg $/sqft

ZIP 27519$258
Wake County$220

vs Homes Sold Last Month

Median $/sqft

ZIP 27519$275
Wake County$224

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-24Price change$344,500
2026-04-24Price change$2,175
2026-03-09Listed for sale$359,000
2026-03-05Listed for rent$1,895
2024-02-25Listing removed--
2024-01-03Listed for rent$1,850
2022-11-30Listing removed--
2022-11-05Listed for rent$1,895
2019-08-26Listing removed$1,450
2019-08-05Listed for rent$1,450
2016-03-22Listing removed$1,395
2016-01-30Listed for rent$1,395
2016-01-27Sold$206,000
2015-11-21Pending sale$205,500
2015-11-19Listed for sale$205,500
2012-03-08Sold$163,500

For Sale by Agent

AgentBrian Brenner
BrokerageKeller Williams Elite Realty

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