NOT LISTED FOR SALE

1006 Formal Place Apex, NC 27502

Estimated Value: $737,000 - $795,000

4 Beds
3 Baths
2,700 Sq Ft
$282/Sq Ft Est. Value

About This Home

This home is located at 1006 Formal Place, Apex, NC 27502 and is currently estimated at $761,702, approximately $282 per square foot. 1006 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
Oct 1, 2010
Sold by
Reynders Sam and Reynders Karen
Bought by
Woolstenhulme Wesley and Woolstenhulme Katie
Current Estimated Value
$761,702

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,600
Interest Rate
4.44%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 23, 2006
Sold by
Brg Builders Llc
Bought by
Reynders Sam and Reynders Karen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,642
Interest Rate
6.22%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Nov 29, 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
$61,642
Interest Rate
6.22%
Mortgage Type
Credit Line Revolving
Source: Public Records

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
Woolstenhulme Wesley $348,000 None Available
Reynders Sam $308,500 None Available
Brg Builders Llc $45,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Woolstenhulme Wesley $244,200
Closed Woolstenhulme Wesley $322,000
Closed Woolstenhulme Wesley $330,600
Previous Owner Reynders Samuel $68,000
Previous Owner Reynders Samuel $272,000
Previous Owner Reynders Samuel $33,950
Previous Owner Reynders Sam $61,642
Previous Owner Reynders Sam $246,568
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 $5,623 $656,440 $190,000 $466,440
2023 $4,813 $436,879 $60,000 $376,879
2022 $4,518 $436,879 $60,000 $376,879
2021 $4,345 $436,879 $60,000 $376,879
2020 $4,301 $436,879 $60,000 $376,879
2019 $4,243 $371,843 $60,000 $311,843
2018 $3,996 $371,843 $60,000 $311,843
2017 $3,720 $371,843 $60,000 $311,843
2016 $3,666 $371,843 $60,000 $311,843
2015 $3,548 $351,215 $52,000 $299,215
2014 $3,420 $351,215 $52,000 $299,215
Source: Public Records

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