A solid, improving-district home with real upside — but a recent addition and an unconfirmed HOA both need paperwork before you offer.
123 Maple St is a well-located, 1998-built home in a Cary neighborhood with genuinely strong momentum — rising home values, an improving school district, and minimal flood risk. The 11 permits on record suggest active upkeep, but a recent addition needs its final inspection confirmed, and HOA details remain entirely unverified. The single most important thing to investigate before making an offer is getting paperwork on both the addition and the HOA directly from the seller.
Positives
Zone X flood risk with no federal insurance requirement for a government-backed mortgage
School district per-pupil spending up 28% since 2019, well above the metro average
Neighborhood home values up 22% over 5 years with rising income and low unemployment
Risks & Unknowns
11 permits on record including what appears to be a recent addition — final inspection status is unconfirmed
Records indicate a possible HOA, but this is a data-provider signal, not verification — fees and rules are unknown
Walk Score of 41 means daily errands require a car, which can narrow the resale buyer pool
Resale Outlook
Strong resale fundamentals — rising neighborhood values, an improving school district, and low flood risk all support long-term appreciation, though car-dependency is a modest headwind versus more walkable Cary neighborhoods.
/10
Action items
Confirm the recent addition received a final inspection and certificate of occupancy
Confirm HOA existence, dues, and financial health — currently unverified
Budget for roof/HVAC replacement — both systems are approximately 27–28 years old
Facts across different data layers, read together
Permit records show 11 filings including what appears to be a recent addition, with final inspection status unconfirmed (property layer)
Records indicate a possible HOA in a Cary community, but fees and rules are entirely unverified (HOA layer)
Both open questions point the same direction: get the seller to produce paperwork — the addition's certificate of occupancy and the HOA's disclosure package — before you write an offer, not after.
Questions to send the agent
Can you confirm the addition shown in Wake County permit records received a final inspection and certificate of occupancy?
to verify the added square footage was legally completed
Is there an active HOA for this property, and if so, can you provide current dues, the reserve fund study, and any pending special assessments?
to confirm HOA existence and assess financial health before committing to ongoing fees
Documents to request
Flood Zone
X
Insurance Required
No — Not Required
Zone Description
Minimal flood hazard — less than 0.2% annual chance of flooding.
Median Income
$118K
Income Growth (5yr)
+18.0%
Home Value Growth (5yr)
+22.0%
Price / Sq Ft
$227
Price Growth (5yr)
+14.5%
Walk Score
Car-Dependent
Transit Score
Bike Score
⚠ Verify your assigned schools before making an offer
Two homes on the same street can be in different attendance zones. School assignment is address-specific — the district name alone isn't enough. Use the links below to confirm exactly which schools serve this address.
School District
Wake County Public School System
Per-Pupil Spending
$11,200
Spending Growth (5yr)
+28.0%
Students per Teacher
14.8:1
Year Built
1998
Property Type
Single Family
Living Area
2,340 sqft
Lot Size
0.22 acres (9,583 sqft)
Bedrooms
4
Bathrooms
3
Floors
2
Price / sqft
$262
Property Condition Risk
28 yr old homeRoof Risk
MediumHVAC Risk
MediumBuilt in 1998, the home is roughly 27–28 years old. Roofs typically last 20–25 years and HVAC systems 15–20 — both are at or past typical replacement age unless permit records confirm recent upgrades.
Estimated Value
Est. Equity
$245,000
Loan-to-Value
62%
Mortgage Balance
$367,000
Annual Property Tax
$4,890 / yr
Monthly Tax Cost
$408 / mo
Tax Status
✓ Current
Current Ownership
7 years
Permit & Features
High permit count — pull the full permit history to confirm all work was properly permitted and closed.
Sales History
49% total appreciation over 8 years (6.2%/yr avg)
5 items specific to this property
Must Verify
Recommended
Negotiation Leverage
If the addition permit is unclosed, use the cost of a compliance inspection as leverage for a price reduction or seller credit.
UnveilHome aggregates publicly available data for informational purposes only. This is not legal, financial, or real estate advice. Always consult qualified professionals before making property decisions.