2024 Rapid Falls Rd Cary, NC 27519
Twin Lakes NeighborhoodEstimated Value: $388,702 - $400,000
            
                2
                Beds
            
            
            
                3
                Baths
            
            
            
                1,772
                Sq Ft
            
            
                
                    $222/Sq Ft
                    Est. Value
                
                
        
    
    
About This Home
This home is located at 2024 Rapid Falls Rd, Cary, NC 27519 and is currently estimated at $394,176, approximately $222 per square foot. 2024 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
            
            
                Feb 24, 2009
            
        
                Sold by
            
            
                Kb Home Raleigh Durham Inc
            
        
                Bought by
            
            
                Belle Isle Marc
            
        
                            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
            
            
                $169,947
            
        
                Outstanding Balance
            
            
                $107,489
            
        
                Interest Rate
            
            
                5.03%
            
        
                Mortgage Type
            
            
                FHA
            
        
                Estimated Equity
            
            
                $286,687
            
        
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        Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company | 
|---|---|---|---|
| Belle Isle Marc | $172,500 | None Available | 
                Source: Public Records
            
        Mortgage History
| Date | Status | Borrower | Loan Amount | 
|---|---|---|---|
| Open | Belle Isle Marc | $169,947 | 
                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 | $3,358 | $389,428 | $90,000 | $299,428 | 
| 2024 | $3,285 | $389,428 | $90,000 | $299,428 | 
| 2023 | $2,577 | $255,201 | $63,000 | $192,201 | 
| 2022 | $2,481 | $255,201 | $63,000 | $192,201 | 
| 2021 | $2,432 | $255,201 | $63,000 | $192,201 | 
| 2020 | $2,444 | $255,201 | $63,000 | $192,201 | 
| 2019 | $2,130 | $197,044 | $50,000 | $147,044 | 
| 2018 | $1,999 | $197,044 | $50,000 | $147,044 | 
| 2017 | $1,921 | $197,044 | $50,000 | $147,044 | 
| 2016 | $1,893 | $197,044 | $50,000 | $147,044 | 
| 2015 | $2,004 | $201,562 | $38,000 | $163,562 | 
| 2014 | -- | $201,562 | $38,000 | $163,562 | 
                Source: Public Records
                    
            
        Map
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