NOT LISTED FOR SALE

1502 Yellow Rainbow Ct Apex, NC 27502

Estimated Value: $581,000 - $597,000

3 Beds
3 Baths
2,104 Sq Ft
$280/Sq Ft Est. Value

About This Home

This home is located at 1502 Yellow Rainbow Ct, Apex, NC 27502 and is currently estimated at $589,144, approximately $280 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
$589,144

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
Interest Rate
5.86%
Mortgage Type
Purchase Money Mortgage

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

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
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 $250,050
Closed Davies Christopher L $261,250
Previous Owner Ratcliffe Robert W $228,400
Previous Owner Ratcliffe Robert N $218,152
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

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 $4,557 $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

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