2016 Rapid Falls Rd Cary, NC 27519
Twin Lakes NeighborhoodEstimated Value: $386,000 - $397,000
3
Beds
3
Baths
1,843
Sq Ft
$213/Sq Ft
Est. Value
About This Home
This home is located at 2016 Rapid Falls Rd, Cary, NC 27519 and is currently estimated at $392,463, approximately $212 per square foot. 2016 Rapid Falls Rd is a home located in Wake County with nearby schools including Cedar Fork Elementary, West Cary Middle School, and Panther Creek High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Apr 27, 2018
Sold by
Phatakp Upender and Phatak Upendra Milind
Bought by
Nilekar Ritesh Digambarro and Ade Dipti
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
$207,400
Outstanding Balance
$122,881
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$269,582
Purchase Details
Closed on
Jul 2, 2013
Sold by
Gregory Arlen W and Gregory Barbara A
Bought by
Phatak Upendra and Phatak Sayali U
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,125
Interest Rate
3.59%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 24, 2008
Sold by
Kb Home Raleigh Durham Inc
Bought by
Gregory Arlen W and Gregory Barbara A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
5.89%
Mortgage Type
Unknown
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Nilekar Ritesh Digambarro | $259,500 | None Available | |
| Phatak Upendra | $187,500 | None Available | |
| Gregory Arlen W | $186,500 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Nilekar Ritesh Digambarro | $207,400 | |
| Previous Owner | Phatak Upendra | $178,125 | |
| Previous Owner | Gregory Arlen W | $45,000 |
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 |
|---|---|---|---|---|
| 2025 | $3,323 | $385,422 | $90,000 | $295,422 |
| 2024 | $3,252 | $385,422 | $90,000 | $295,422 |
Source: Public Records
Map
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