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    Property profile & analytics

    1101 Carrington Park Cir Morrisville, NC 27560-8378

    • Garden apartment buildings
    • 24,180 SF
    • 15.92 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    May 11, 2025
    $62,386,000
    Location Intelligence
    Property ID
    US53-0648794
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Garden apartment buildings

    Property Details for 1101 Carrington Park Cir

    Year built
    2007
    Construction
    FRAME
    Lot size
    15.92 lot acres
    Property size
    24,180 SF
    Zone code
    RAC
    Property type
    Garden apartment buildings
    APN
    0746.02-76-6684 0075076
    APU
    746027666840075076

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Morrisville
    County
    Wake
    State
    North Carolina
    Longitude
    -78.8391
    Latitude
    35.8564
    CBSA code
    39580
    CBSA name
    RALEIGH-CARY, NC METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $468,536
    $9,044,000
    $34,400,725
    $43,444,725
    -
    $9,044,000
    $34,400,725
    $43,444,725

    Comparable in this City

    • Value Estimation by Request
      18,862 SF

      1000 Sweet Spot Cir

      GARDEN APT, COURT APT (5+ UNITS) • 18,862 SF
      1000 Sweet Spot Cir, Morrisville, NC 27560
      View Details
    • Value Estimation by Request
      6,082 SF

      201 Treybrooke Dr

      GARDEN APT, COURT APT (5+ UNITS) • 6,082 SF
      201 Treybrooke Dr, Morrisville, NC 27560-9309
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    • Value Estimation by Request
      29,220 SF

      1000 Allison Shiloh Loop

      GARDEN APT, COURT APT (5+ UNITS) • 29,220 SF
      1000 Allison Shiloh Loop, Morrisville, NC 27560-5657
      View Details
    • Value Estimation by Request
      24,012 SF

      5311 Jessip St

      GARDEN APT, COURT APT (5+ UNITS) • 24,012 SF
      5311 Jessip St, Morrisville, NC 27560-7594
      View Details
    • Value Estimation by Request
      16,320 SF

      1100 China Dr

      GARDEN APT, COURT APT (5+ UNITS) • 16,320 SF
      1100 China Dr, Morrisville, NC 27560-5571
      View Details
    • Value Estimation by Request
      21,696 SF

      1100 Sterling Grn Dr

      GARDEN APT, COURT APT (5+ UNITS) • 21,696 SF
      1100 Sterling Grn Dr, Morrisville, NC 27560
      View Details

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    Morrisville, NC 27560-8378
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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