NOT LISTED FOR SALE

2016 Rapid Falls Rd Cary, NC 27519

Twin Lakes Neighborhood

Estimated Value: $393,000 - $410,000

3 Beds
3 Baths
1,843 Sq Ft
$217/Sq Ft Est. Value

About This Home

This home is located at 2016 Rapid Falls Rd, Cary, NC 27519 and is currently estimated at $400,571, approximately $217 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
$400,571

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
$277,690

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
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
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 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
2025 $3,323 $385,422 $90,000 $295,422
2024 $3,252 $385,422 $90,000 $295,422
2023 $2,552 $252,737 $63,000 $189,737
2022 $2,458 $252,737 $63,000 $189,737
2021 $2,408 $252,737 $63,000 $189,737
2020 $2,421 $252,737 $63,000 $189,737
2019 $2,110 $195,205 $50,000 $145,205
2018 $1,981 $195,205 $50,000 $145,205
2017 $1,904 $195,205 $50,000 $145,205
2016 $1,875 $195,205 $50,000 $145,205
2015 $2,002 $201,270 $38,000 $163,270
2014 $1,888 $201,270 $38,000 $163,270
Source: Public Records

Map

North Carolina Wake County Cary 27519 Twin Lakes

2016 Rapid Falls Rd, Cary, NC

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