NOT LISTED FOR SALE

305 Fairfax Ln Cary, NC 27513

West Cary Neighborhood

Estimated Value: $594,000 - $711,000

3 Beds
3 Baths
2,335 Sq Ft
$288/Sq Ft Est. Value

About This Home

This home is located at 305 Fairfax Ln, Cary, NC 27513 and is currently estimated at $672,047, approximately $287 per square foot. 305 Fairfax Ln is a home located in Wake County with nearby schools including Weatherstone Elementary School, Davis Drive Middle, and Green Hope High.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 22, 2023
Sold by
Salem Marwa and Salem Tarek Mohammed
Bought by
Salem Marwa
Current Estimated Value
$672,047

Purchase Details

Closed on
Mar 9, 2017
Sold by
Norrid Jennifer L
Bought by
Salem Marwa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,470
Interest Rate
4.19%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 30, 2005
Sold by
Cheng Yong and Cheng Zheng Bi
Bought by
Norrid Jennifer L
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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

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.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

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.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Salem Marwa -- None Listed On Document
Salem Marwa $351,000 None Available
Norrid Jennifer L $261,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Salem Marwa $125,000
Previous Owner Salem Marwa $359,538
Previous Owner Salem Marwa $340,470
Previous Owner Cheng Yong $111,750
Previous Owner Cheng Yong $100,000
Previous Owner Cheng Yong $63,000
Previous Owner Cheng Yong $137,300
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 $5,246 $623,216 $225,000 $398,216
2023 $4,001 $397,312 $118,000 $279,312
2022 $3,852 $397,312 $118,000 $279,312
2021 $3,775 $397,312 $118,000 $279,312
2020 $3,794 $397,312 $118,000 $279,312
2019 $3,538 $328,583 $114,000 $214,583
2018 $3,320 $328,583 $114,000 $214,583
2017 $3,191 $328,583 $114,000 $214,583
2016 $3,143 $328,583 $114,000 $214,583
2015 $2,816 $284,034 $76,000 $208,034
2014 $2,656 $284,034 $76,000 $208,034
Source: Public Records

Map

North Carolina Wake County Cary 27513 West Cary

305 Fairfax Ln, Cary, NC

This home is located at 305 Fairfax Ln, Cary, NC 27513 and is currently estimated at $672,047, approximately $287 per square foot. 305 Fairfax Ln is a home located in Wake County with nearby schools including Weatherstone Elementary School, Davis Drive Middle, and Green Hope High.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Nearby Homes