3114 Rapid Falls Rd Cary, NC 27519
Twin Lakes NeighborhoodEstimated Value: $395,000 - $417,000
2
Beds
3
Baths
1,806
Sq Ft
$224/Sq Ft
Est. Value
About This Home
This home is located at 3114 Rapid Falls Rd, Cary, NC 27519 and is currently estimated at $405,353, approximately $224 per square foot. 3114 Rapid Falls Rd is a home located in Wake County with nearby schools including Cedar Fork Elementary, West Cary Middle School, and Panther Creek High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jun 14, 2011
Sold by
North Carolina Housing Finance Agency
Bought by
Maddi Ajay Reddy and Maddi Tulasi Reddy
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,600
Outstanding Balance
$9,417
Interest Rate
4.62%
Mortgage Type
New Conventional
Estimated Equity
$396,898
Purchase Details
Closed on
Feb 4, 2011
Sold by
Ricks Stephen L
Bought by
North Carolina Housing Finance Agency
Purchase Details
Closed on
Oct 15, 2007
Sold by
Kb Home Raleigh Durham Inc
Bought by
Ricks Stephen L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,778
Interest Rate
6.44%
Mortgage Type
Unknown
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Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
Maddi Ajay Reddy | -- | None Available | |
North Carolina Housing Finance Agency | $152,010 | None Available | |
Ricks Stephen L | $183,000 | None Available |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Maddi Ajay Reddy | $113,600 | |
Previous Owner | Ricks Stephen L | $182,778 |
Source: Public Records
Tax History Compared to Growth
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 | $3,286 | $389,463 | $90,000 | $299,463 |
2023 | $2,598 | $257,279 | $63,000 | $194,279 |
2022 | $2,501 | $257,279 | $63,000 | $194,279 |
2021 | $2,451 | $257,279 | $63,000 | $194,279 |
2020 | $2,464 | $257,279 | $63,000 | $194,279 |
2019 | $2,095 | $193,795 | $50,000 | $143,795 |
2018 | $1,966 | $193,795 | $50,000 | $143,795 |
2017 | $1,890 | $193,795 | $50,000 | $143,795 |
2016 | $1,862 | $193,795 | $50,000 | $143,795 |
2015 | $1,817 | $182,576 | $38,000 | $144,576 |
2014 | $1,714 | $182,576 | $38,000 | $144,576 |
Source: Public Records
Map
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