NOT LISTED FOR SALE

118 Summerview Ln Cary, NC 27518

Lochmere Neighborhood

Estimated Value: $1,075,000 - $1,183,000

4 Beds
4 Baths
3,537 Sq Ft
$319/Sq Ft Est. Value

About This Home

This home is located at 118 Summerview Ln, Cary, NC 27518 and is currently estimated at $1,127,388, approximately $318 per square foot. 118 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
Dec 18, 2002
Sold by
Moore & Barker Custom Homes Inc
Bought by
Makam Rajendraprasad and Makam Rekha R
Current Estimated Value
$1,127,388

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Outstanding Balance
$165,750
Interest Rate
5.75%
Estimated Equity
$961,638

Purchase Details

Closed on
Feb 14, 2000
Sold by
Clark Gilbert D
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
$89,864
Interest Rate
8.17%
Mortgage Type
Construction
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Makam Rajendraprasad $250,000 --
Moore & Barker Custom Homes Inc $80,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Makam Rajendraprasad $400,000
Previous Owner Moore & Barker Custom Homes Inc $89,864
Closed Makam Rajendraprasad $100,000
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 $10,069 $1,172,387 $250,000 $922,387
2024 $9,850 $1,172,387 $250,000 $922,387
2023 $6,968 $693,457 $125,000 $568,457
2022 $6,708 $693,457 $125,000 $568,457
2021 $6,573 $693,457 $125,000 $568,457
2020 $6,537 $693,457 $125,000 $568,457
2019 $6,286 $585,254 $125,000 $460,254
2018 $5,898 $585,254 $125,000 $460,254
2017 $5,668 $585,254 $125,000 $460,254
2016 $5,583 $585,254 $125,000 $460,254
2015 $6,819 $690,648 $170,000 $520,648
2014 $6,429 $690,648 $170,000 $520,648
Source: Public Records

Map

North Carolina Wake County Cary 27518 Lochmere

118 Summerview Ln, Cary, NC

This home is located at 118 Summerview Ln, Cary, NC 27518 and is currently estimated at $1,127,388, approximately $318 per square foot. 118 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.

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