NOT LISTED FOR SALE

311 Melvin Jackson Dr Cary, NC 27519

Carpenter Neighborhood

Estimated Value: $1,165,000 - $1,326,000

6 Beds
5 Baths
5,020 Sq Ft
$243/Sq Ft Est. Value

About This Home

This home is located at 311 Melvin Jackson Dr, Cary, NC 27519 and is currently estimated at $1,222,048, approximately $243 per square foot. 311 Melvin Jackson Dr is a home located in Wake County with nearby schools including Carpenter Elementary, Alston Ridge Middle School, and Green Hope High.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 11, 2016
Sold by
Parekh Selene and Parekh Zankhna
Bought by
Chellappa Badhri and Krishnaswamy Chithrabala
Current Estimated Value
$1,222,048

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$551,200
Outstanding Balance
$427,872
Interest Rate
2.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$794,176

Purchase Details

Closed on
Jan 26, 2011
Sold by
Rice Builders Inc
Bought by
Parekh Selene and Parekh Zankhna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$504,000
Interest Rate
4.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 27, 2010
Sold by
Olde Carpenter Llc
Bought by
Rice Builders Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$457,500
Interest Rate
4.61%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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

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First American

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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
Chellappa Badhri $689,000 None Available
Parekh Selene $630,000 None Available
Rice Builders Inc $128,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chellappa Badhri $551,200
Previous Owner Parekh Selene $504,000
Previous Owner Rice Builders Inc $457,500
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 $8,787 $1,022,836 $250,000 $772,836
2024 $8,596 $1,022,836 $250,000 $772,836
Source: Public Records

Map

North Carolina Wake County Cary 27519 Carpenter

311 Melvin Jackson Dr, Cary, NC

Not Listed for Sale

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