NOT LISTED FOR SALE

122 Prestonian Place Morrisville, NC 27560

Preston Neighborhood

Estimated Value: $636,000 - $642,000

3 Beds
3 Baths
2,745 Sq Ft
$233/Sq Ft Est. Value

About This Home

This home is located at 122 Prestonian Place, Morrisville, NC 27560 and is currently estimated at $638,690, approximately $232 per square foot. 122 Prestonian Place is a home located in Wake County with nearby schools including Weatherstone Elementary School, West Cary Middle School, and Green Hope High.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 25, 2023
Sold by
Harrell Living Trust
Bought by
Moghadam Hanieh Mohamadi and Ali Memariani
Current Estimated Value
$638,690

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$562,500
Outstanding Balance
$552,163
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
$78,412

Purchase Details

Closed on
Apr 27, 2017
Sold by
Lacey Robert G and Lacey Lorene K
Bought by
Harrell Elizabeth Cowles and Harrell Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$335,000
Interest Rate
3.94%
Mortgage Type
VA

Purchase Details

Closed on
Sep 30, 2014
Sold by
Armistead Gary K and Armistead Mimsie J
Bought by
Lacey Robert G and Lacey Lorene K

Purchase Details

Closed on
Aug 9, 2011
Sold by
Yarborough Joseph Sheldon
Bought by
Armistead Gary K and Armistead Mimsie J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,500
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 27, 2006
Sold by
Gannon Stephen A
Bought by
Yarborough Joseph Sheldon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
6.19%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Feb 20, 2004
Sold by
Kirkland Gerry P and Kirkland Carol G
Bought by
Gannon Stephen A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,200
Interest Rate
5.63%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 7, 1999
Sold by
Preston Grande Homes Inc
Bought by
Kirkland Gerry P and Kirkland Carol G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
7.7%
Mortgage Type
Credit Line Revolving
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
Moghadam Hanieh Mohamadi $650,000 None Listed On Document
Harrell Elizabeth Cowles $385,000 None Available
Lacey Robert G $343,000 None Available
Armistead Gary K $310,000 None Available
Yarborough Joseph Sheldon $325,000 None Available
Gannon Stephen A $304,000 --
Kirkland Gerry P $284,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moghadam Hanieh Mohamadi $562,500
Previous Owner Harrell Elizabeth Cowles $316,813
Previous Owner Harrell Elizabeth Cowles $335,000
Previous Owner Armistead Gary K $220,000
Previous Owner Armistead Gary K $232,500
Previous Owner Yarborough Joseph Sheldon $260,000
Previous Owner Yarborough Joseph Sheldon $65,000
Previous Owner Gannon Stephen A $243,200
Previous Owner Kirkland Gerry P $222,000
Previous Owner Kirkland Gerry P $50,000
Previous Owner Kirkland Gerry P $227,470
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 $4,842 $555,503 $130,000 $425,503
2023 $4,153 $394,722 $72,000 $322,722
2022 $4,005 $394,722 $72,000 $322,722
2021 $3,822 $394,722 $72,000 $322,722
2020 $3,809 $394,722 $72,000 $322,722
2019 $3,893 $347,538 $68,000 $279,538
2018 $3,662 $347,538 $68,000 $279,538
2017 $0 $347,538 $68,000 $279,538
2016 $3,462 $347,538 $68,000 $279,538
2015 $3,262 $316,442 $62,000 $254,442
2014 -- $316,442 $62,000 $254,442
Source: Public Records

Map

North Carolina Wake County Morrisville 27560 Preston

122 Prestonian Place, Morrisville, NC

This home is located at 122 Prestonian Place, Morrisville, NC 27560 and is currently estimated at $638,690, approximately $232 per square foot. 122 Prestonian Place is a home located in Wake County with nearby schools including Weatherstone Elementary School, West Cary Middle School, and Green Hope High.

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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