NOT LISTED FOR SALE

2600 Chelmsford Dr Cary, NC 27518

Lochmere Neighborhood

Estimated Value: $1,754,000 - $2,284,193

5 Beds
7 Baths
5,558 Sq Ft
$367/Sq Ft Est. Value

About This Home

This home is located at 2600 Chelmsford Dr, Cary, NC 27518 and is currently estimated at $2,038,064, approximately $366 per square foot. 2600 Chelmsford Dr is a home located in Wake County with nearby schools including Swift Creek Elementary School, Dillard Drive Magnet Middle School, and Resurrection Lutheran School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 30, 2021
Sold by
Otway Christopher R
Bought by
Otway Christopher R and Henderson Denise Anne
Current Estimated Value
$2,038,064

Purchase Details

Closed on
Aug 7, 2020
Sold by
Babu Ashvin and Patil Chandrika Annarao
Bought by
Otway Christopher R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Outstanding Balance
$808,653
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$1,168,374

Purchase Details

Closed on
May 16, 2012
Sold by
Hill Franklin Neal and Hill Michaeline M
Bought by
Babu Ashvin and Patil Chandrika Annarao

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$760,000
Interest Rate
4.01%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 19, 2006
Sold by
Hurst Built Inc
Bought by
Hill Franklin Neal and Hill Michaeline M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 26, 2006
Sold by
Hurst Phillip and Hurst Mitzi
Bought by
Hurst Built Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 5, 2006
Sold by
Hurst Built Inc
Bought by
Hurst Phillip and Hurst Mitzi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Otway Christopher R -- None Available
Otway Christopher R $1,200,000 Bridgetrust Title Group
Babu Ashvin $950,000 None Available
Hill Franklin Neal $1,455,000 None Available
Hurst Built Inc -- None Available
Hurst Phillip -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Otway Christopher R $900,000
Previous Owner Babu Ashvin $760,000
Previous Owner Hill Franklin Neal $1,000,000
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
2024 $14,303 $2,299,960 $425,000 $1,874,960
2023 $10,956 $1,402,533 $325,000 $1,077,533
2022 $10,032 $1,402,533 $325,000 $1,077,533
2021 $9,648 $1,370,163 $325,000 $1,045,163
2020 $9,488 $1,370,163 $325,000 $1,045,163
2019 $10,622 $1,298,095 $325,000 $973,095
2018 $9,761 $1,298,095 $325,000 $973,095
2017 $9,249 $1,298,095 $325,000 $973,095
2016 $9,061 $1,298,095 $325,000 $973,095
2015 $10,239 $1,471,374 $400,000 $1,071,374
2014 $9,702 $1,471,374 $400,000 $1,071,374
Source: Public Records

Map

North Carolina Wake County Cary 27518 Lochmere

2600 Chelmsford Dr, Cary, NC

This home is located at 2600 Chelmsford Dr, Cary, NC 27518 and is currently estimated at $2,038,064, approximately $366 per square foot. 2600 Chelmsford Dr is a home located in Wake County with nearby schools including Swift Creek Elementary School, Dillard Drive Magnet Middle School, and Resurrection Lutheran School.

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