NOT LISTED FOR SALE

1245 Brown Velvet Ln Apex, NC 27523

West Apex Neighborhood

Estimated Value: $599,000 - $663,000

5 Beds
4 Baths
2,447 Sq Ft
$259/Sq Ft Est. Value

About This Home

This home is located at 1245 Brown Velvet Ln, Apex, NC 27523 and is currently estimated at $632,651, approximately $258 per square foot. 1245 Brown Velvet Ln is a home located in Wake County with nearby schools including Olive Chapel Elementary School, Lufkin Road Middle School, and Apex Friendship High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 29, 2018
Sold by
Experience One Homes Llc
Bought by
Castaneda Tito A and Castaneda Karen M
Current Estimated Value
$634,268

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$279,872
Outstanding Balance
$166,469
Interest Rate
3.93%
Mortgage Type
New Conventional
Estimated Equity
$467,799
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
Castaneda Tito A $350,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Castaneda Tito A $279,872
Previous Owner Experienceone Homes Llc $268,640
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 $5,320 $620,955 $150,000 $470,955
2023 $4,203 $381,272 $75,000 $306,272
2022 $3,945 $381,272 $75,000 $306,272
2021 $3,795 $381,272 $75,000 $306,272
2020 $3,756 $381,272 $75,000 $306,272
2019 $3,964 $347,306 $60,000 $287,306
2018 $2,485 $60,000 $60,000 $0
2017 $0 $60,000 $60,000 $0
Source: Public Records

Map

North Carolina Wake County Apex 27523 West Apex

1245 Brown Velvet Ln, Apex, NC

This home is located at 1245 Brown Velvet Ln, Apex, NC 27523 and is currently estimated at $632,651, approximately $258 per square foot. 1245 Brown Velvet Ln is a home located in Wake County with nearby schools including Olive Chapel Elementary School, Lufkin Road Middle School, and Apex Friendship High School.

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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