NOT LISTED FOR SALE

Estimated Value: $613,056 - $652,000

3 Beds
3 Baths
2,362 Sq Ft
$268/Sq Ft Est. Value

About This Home

This home is located at 116 Fairfax Ln, Cary, NC 27513 and is currently estimated at $632,264, approximately $267 per square foot. 116 Fairfax Ln is a home located in Wake County with nearby schools including Weatherstone Elementary School, Davis Drive Middle, and Green Hope High.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 30, 2017
Sold by
Best Lawrence and Harris Ramon
Bought by
Knorr Luz A
Current Estimated Value
$632,264

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,000
Outstanding Balance
$219,326
Interest Rate
4.15%
Mortgage Type
New Conventional
Estimated Equity
$412,938

Purchase Details

Closed on
Apr 22, 2010
Sold by
Pinnacore Properties Llc
Bought by
Best Lawrence and Harris Ramona

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
4.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 7, 2007
Sold by
Lafauci Peter D and Lafauci Margherita
Bought by
Pinnacore Properties Llc

Purchase Details

Closed on
Sep 14, 2007
Sold by
Giesman George L and Giesman Pamela J
Bought by
Lafauci Peter D and Lafauci Margherita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,920
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 27, 2004
Sold by
Ketterer Derek and Ketterer Catherine
Bought by
Giesman George L and Giesman Pamela J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,000
Interest Rate
5.63%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 31, 1997
Sold by
Swope William J
Bought by
Ketterer Derek S and Ketterer Catherine H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
7.39%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

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.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

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.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Knorr Luz A $330,000 None Available
Best Lawrence $255,000 None Available
Pinnacore Properties Llc -- None Available
Lafauci Peter D $235,000 None Available
Giesman George L $215,000 --
Ketterer Derek S $165,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Knorr Luz A $264,000
Previous Owner Best Lawrence $250,000
Previous Owner Lafauci Peter D $187,920
Previous Owner Giesman George L $172,000
Previous Owner Ketterer Derek S $132,000
Closed Giesman George L $21,500
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
2025 $5,234 $608,349 $225,000 $383,349
2024 $5,121 $608,349 $225,000 $383,349
Source: Public Records

Map