NOT LISTED FOR SALE

240 Royal Tower Way Cary, NC 27513

West Cary Neighborhood

Estimated Value: $451,786 - $498,000

3 Beds
3 Baths
1,819 Sq Ft
$265/Sq Ft Est. Value

About This Home

This home is located at 240 Royal Tower Way, Cary, NC 27513 and is currently estimated at $481,697, approximately $264 per square foot. 240 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
Dec 3, 2018
Sold by
The Morello Trust
Bought by
Morello Michael Vincent and Morello Ashley
Current Estimated Value
$481,697

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,509
Outstanding Balance
$238,324
Interest Rate
4.8%
Mortgage Type
FHA
Estimated Equity
$243,373

Purchase Details

Closed on
Sep 24, 2004
Sold by
Centex Homes
Bought by
Morello Mary and The Morello Survivors Trust
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
Morello Michael Vincent $275,500 None Available
Morello Mary $234,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morello Michael Vincent $270,509
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 $3,244 $376,204 $95,000 $281,204
2024 $3,174 $376,204 $95,000 $281,204
2023 $2,719 $269,387 $65,000 $204,387
2022 $2,618 $269,387 $65,000 $204,387
2021 $2,566 $269,387 $65,000 $204,387
2020 $2,579 $269,387 $65,000 $204,387
2019 $2,474 $229,231 $58,000 $171,231
2018 $2,322 $229,231 $58,000 $171,231
2017 $0 $229,231 $58,000 $171,231
2016 $0 $229,231 $58,000 $171,231
2015 -- $230,391 $58,000 $172,391
2014 -- $230,391 $58,000 $172,391
Source: Public Records

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