NOT LISTED FOR SALE

1005 Formal Place Apex, NC 27502

Estimated Value: $569,000 - $604,000

3 Beds
3 Baths
2,111 Sq Ft
$278/Sq Ft Est. Value

About This Home

This home is located at 1005 Formal Place, Apex, NC 27502 and is currently estimated at $586,793, approximately $277 per square foot. 1005 Formal Place is a home located in Wake County with nearby schools including Baucom Elementary School, Apex Middle, and Apex High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 10, 2005
Sold by
Brg Builders Llc
Bought by
Montoya Robert A and Montoya Lisa M
Current Estimated Value
$586,793

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,095
Interest Rate
5.48%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Aug 1, 2005
Sold by
Canapex Llc
Bought by
Brg Builders Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,095
Interest Rate
5.48%
Mortgage Type
Fannie Mae Freddie Mac

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Montoya Robert A $253,000 None Available
Brg Builders Llc $45,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Montoya Robert A $27,084
Closed Montoya Robert A $21,020
Closed Montoya Robert A $17,840
Open Montoya Robert A $259,706
Closed Montoya Robert A $202,095
Closed Montoya Robert A $50,523
Source: Public Records

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $4,633 $540,461 $190,000 $350,461
2023 $3,765 $341,358 $60,000 $281,358
2022 $3,534 $341,358 $60,000 $281,358
2021 $3,399 $341,358 $60,000 $281,358
2020 $3,365 $341,358 $60,000 $281,358
2019 $3,360 $294,121 $60,000 $234,121
2018 $3,165 $294,121 $60,000 $234,121
2017 $2,947 $294,121 $60,000 $234,121
2016 $2,904 $294,121 $60,000 $234,121
2015 $2,799 $276,680 $52,000 $224,680
2014 $2,698 $276,680 $52,000 $224,680
Source: Public Records

Map

North Carolina Wake County Apex 27502

1005 Formal Place, Apex, NC

Homes for Sale in Apex, NC

This home is located at 1005 Formal Place, Apex, NC 27502 and is currently estimated at $586,793, approximately $277 per square foot. 1005 Formal Place is a home located in Wake County with nearby schools including Baucom Elementary School, Apex Middle, and Apex High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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