1603 Old London Way Apex, NC 27523
West Cary NeighborhoodEstimated Value: $543,000 - $596,000
4
Beds
3
Baths
1,992
Sq Ft
$287/Sq Ft
Est. Value
About This Home
This home is located at 1603 Old London Way, Apex, NC 27523 and is currently estimated at $572,520, approximately $287 per square foot. 1603 Old London Way is a home located in Wake County with nearby schools including Laurel Park Elementary, Salem Middle, and Green Hope High.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Apr 9, 2021
Sold by
Peruri Padmakar and Paidimarri Sarala
Bought by
Derizans Cedar Phillip
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
$308,000
Outstanding Balance
$280,671
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$291,849
Purchase Details
Closed on
Jan 31, 2005
Sold by
Davis William R and Davis Julie C
Bought by
Peruri Padmakar and Paidimarri Sarala
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,400
Interest Rate
4.62%
Mortgage Type
Fannie Mae Freddie Mac
Purchase Details
Closed on
Apr 23, 1999
Sold by
The Drees Company
Bought by
Davis William R and Davis Julie C
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Derizans Cedar Phillip | $400,000 | None Available | |
| Peruri Padmakar | $198,000 | -- | |
| Davis William R | $175,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Davis William R | $99,000 | |
| Open | Derizans Cedar Phillip | $308,000 | |
| Previous Owner | Peruri Padmakar | $178,000 | |
| Previous Owner | Peruri Padmakar | $188,000 | |
| Previous Owner | Peruri Padmakar | $158,400 | |
| Previous Owner | Davis William R | $35,000 |
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 |
|---|---|---|---|---|
| 2024 | $4,774 | $556,949 | $165,000 | $391,949 |
| 2023 | $3,809 | $345,400 | $87,000 | $258,400 |
| 2022 | $3,576 | $345,400 | $87,000 | $258,400 |
| 2021 | $3,240 | $325,302 | $87,000 | $238,302 |
| 2020 | $3,208 | $325,302 | $87,000 | $238,302 |
| 2019 | $2,959 | $258,816 | $72,000 | $186,816 |
| 2018 | $193 | $258,816 | $72,000 | $186,816 |
| 2017 | $2,595 | $258,816 | $72,000 | $186,816 |
| 2016 | $2,558 | $258,816 | $72,000 | $186,816 |
| 2015 | $2,439 | $240,769 | $60,000 | $180,769 |
| 2014 | $2,351 | $240,769 | $60,000 | $180,769 |
Source: Public Records
Map
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