116 Summerview Ln Cary, NC 27518
Lochmere NeighborhoodEstimated Value: $945,000 - $1,144,000
4
Beds
4
Baths
4,247
Sq Ft
$252/Sq Ft
Est. Value
About This Home
This home is located at 116 Summerview Ln, Cary, NC 27518 and is currently estimated at $1,071,950, approximately $252 per square foot. 116 Summerview Ln is a home located in Wake County with nearby schools including Dillard Drive Magnet Elementary School, Dillard Drive Magnet Middle School, and TMSA Triangle - Triangle Math and Science Academy.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Apr 5, 2000
Sold by
Moore & Barker Custom Homes Inc
Bought by
Fair Geoffrey W and Fair Suzanne C
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Outstanding Balance
$136,806
Interest Rate
7.75%
Estimated Equity
$935,144
Purchase Details
Closed on
May 13, 1999
Sold by
Mooney Billy Rogers and Mooney Gail T
Bought by
Moore & Barker Custom Homes Inc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$404,800
Interest Rate
6.9%
Mortgage Type
Construction
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Fair Geoffrey W | $525,000 | -- | |
| Moore & Barker Custom Homes Inc | $80,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Fair Geoffrey W | $420,000 | |
| Previous Owner | Moore & Barker Custom Homes Inc | $404,800 |
Source: Public Records
Tax History Compared to Growth
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 | $9,689 | $1,128,147 | $250,000 | $878,147 |
| 2024 | $9,480 | $1,128,147 | $250,000 | $878,147 |
| 2023 | $6,611 | $657,825 | $125,000 | $532,825 |
| 2022 | $6,365 | $657,825 | $125,000 | $532,825 |
| 2021 | $6,236 | $657,825 | $125,000 | $532,825 |
| 2020 | $6,269 | $657,825 | $125,000 | $532,825 |
| 2019 | $5,961 | $554,838 | $125,000 | $429,838 |
| 2018 | $5,593 | $554,838 | $125,000 | $429,838 |
| 2017 | $5,374 | $554,838 | $125,000 | $429,838 |
| 2016 | $5,294 | $554,838 | $125,000 | $429,838 |
| 2015 | $6,433 | $651,392 | $170,000 | $481,392 |
| 2014 | $6,065 | $651,392 | $170,000 | $481,392 |
Source: Public Records
Map
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