3122 Rapid Falls Rd Cary, NC 27519
Twin Lakes NeighborhoodEstimated Value: $386,966 - $405,000
2
Beds
3
Baths
1,855
Sq Ft
$213/Sq Ft
Est. Value
About This Home
This home is located at 3122 Rapid Falls Rd, Cary, NC 27519 and is currently estimated at $395,992, approximately $213 per square foot. 3122 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
Mar 28, 2016
Sold by
Karns Michaell and Karns Kathy R
Bought by
Sejpal Vasant and Sejpal Prabha
Current Estimated Value
Purchase Details
Closed on
Nov 12, 2010
Sold by
Phillips Jason and Phillips Holly
Bought by
Karns Michael L and Karns Kathy R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,600
Interest Rate
4.33%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 24, 2007
Sold by
Kb Home Raleigh Durham Inc
Bought by
Phillips Jason and Phillips Holly
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,272
Interest Rate
6.65%
Mortgage Type
New Conventional
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Sejpal Vasant | $220,000 | None Available | |
| Karns Michael L | $182,000 | None Available | |
| Phillips Jason | $207,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Karns Michael L | $145,600 | |
| Previous Owner | Phillips Jason | $165,272 |
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 | $3,409 | $395,447 | $90,000 | $305,447 |
| 2024 | $3,336 | $395,447 | $90,000 | $305,447 |
Source: Public Records
Map
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