NOT LISTED FOR SALE

216 Royal Tower Way Cary, NC 27513

West Cary Neighborhood

Estimated Value: $591,000 - $634,000

3 Beds
3 Baths
2,772 Sq Ft
$220/Sq Ft Est. Value

About This Home

This home is located at 216 Royal Tower Way, Cary, NC 27513 and is currently estimated at $610,531, approximately $220 per square foot. 216 Royal Tower 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
Nov 30, 2017
Sold by
Ulma Jeffery G and Siviski Ulma Paula
Bought by
Koppolu Bhanu Prasanth and Wang Weiwei
Current Estimated Value
$610,531

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$337,155
Outstanding Balance
$287,152
Interest Rate
3.94%
Mortgage Type
New Conventional
Estimated Equity
$323,379

Purchase Details

Closed on
May 7, 2009
Sold by
Jolly Kenneth C and Jolly Sabrenna M
Bought by
Ulma Jeffery G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$258,750
Interest Rate
4.86%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 17, 2005
Sold by
Centex Homes
Bought by
Jolly Kenneth C and Jolly Sabrenna M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,950
Interest Rate
5%
Mortgage Type
Fannie Mae Freddie Mac
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
Koppolu Bhanu Prasanth $355,000 None Available
Ulma Jeffery G $287,500 None Available
Jolly Kenneth C $301,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Koppolu Bhanu Prasanth $32,000
Open Koppolu Bhanu Prasanth $337,155
Previous Owner Ulma Jeffery G $247,000
Previous Owner Ulma Jeffery G $258,750
Previous Owner Jolly Kenneth C $240,950
Closed Jolly Kenneth C $30,100
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 $4,641 $551,110 $95,000 $456,110
2023 $3,878 $385,065 $65,000 $320,065
2022 $3,734 $385,065 $65,000 $320,065
2021 $3,659 $385,065 $65,000 $320,065
2020 $3,678 $385,065 $65,000 $320,065
2019 $3,228 $299,649 $58,000 $241,649
2018 $3,030 $299,649 $58,000 $241,649
2017 $2,912 $299,649 $58,000 $241,649
2016 $2,868 $299,649 $58,000 $241,649
2015 $2,985 $301,203 $58,000 $243,203
2014 $2,815 $301,203 $58,000 $243,203
Source: Public Records

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