NOT LISTED FOR SALE

3114 Rapid Falls Rd Cary, NC 27519

Twin Lakes Neighborhood

Estimated 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
$405,353

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
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
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

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 $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

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