Estimated Value: $537,000 - $614,000
3
Beds
3
Baths
2,104
Sq Ft
$273/Sq Ft
Est. Value
About This Home
This home is located at 1502 Yellow Rainbow Ct, Apex, NC 27502 and is currently estimated at $573,875, approximately $272 per square foot. 1502 Yellow Rainbow Ct is a home located in Wake County with nearby schools including Scotts Ridge Elementary School, Apex Middle, and Apex High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jun 2, 2008
Sold by
Ratcliffe Robert W and Ratcliffe Allison B
Bought by
Davies Christopher L and Davies Mary Christine
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
$261,250
Outstanding Balance
$166,007
Interest Rate
5.86%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$407,868
Purchase Details
Closed on
Apr 30, 2004
Sold by
Clarkson Palmer and Clarkson Sheri L
Bought by
Ratcliffe Robert W and Ratcliffe Allison B
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
4.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Aug 6, 2001
Sold by
Zolper Carl and Zolper Kelly Jo
Bought by
Clarkson Palmer
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,800
Interest Rate
7.09%
Purchase Details
Closed on
May 24, 1999
Sold by
Heritage Custom Homes Llc
Bought by
Zolper Carl and Zolper Kelly Jo
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,200
Interest Rate
6.87%
Purchase Details
Closed on
Sep 30, 1998
Sold by
Mjk Developments Llc
Bought by
Heritage Custom Homes Llc
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 |
|---|---|---|---|
| Davies Christopher L | $275,000 | None Available | |
| Ratcliffe Robert W | $218,000 | None Available | |
| Clarkson Palmer | $195,000 | -- | |
| Zolper Carl | $170,000 | -- | |
| Heritage Custom Homes Llc | $80,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Davies Christopher L | $261,250 | |
| Previous Owner | Ratcliffe Robert W | $195,000 | |
| Previous Owner | Clarkson Palmer | $155,800 | |
| Previous Owner | Zolper Carl | $161,200 | |
| Closed | Clarkson Palmer | $19,500 |
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 | $4,662 | $531,613 | $190,000 | $341,613 |
| 2024 | $4,557 | $531,613 | $190,000 | $341,613 |
| 2023 | $3,594 | $325,797 | $68,000 | $257,797 |
| 2022 | $3,374 | $325,797 | $68,000 | $257,797 |
| 2021 | $3,245 | $325,797 | $68,000 | $257,797 |
| 2020 | $3,213 | $325,797 | $68,000 | $257,797 |
| 2019 | $3,269 | $286,059 | $68,000 | $218,059 |
| 2018 | $3,079 | $286,059 | $68,000 | $218,059 |
| 2017 | $2,866 | $286,059 | $68,000 | $218,059 |
| 2016 | $2,825 | $276,304 | $68,000 | $208,304 |
| 2015 | $2,606 | $257,406 | $68,000 | $189,406 |
| 2014 | -- | $257,406 | $68,000 | $189,406 |
Source: Public Records
Map
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