NOT LISTED FOR SALE

38 Old Grove Ln Apex, NC 27502

Estimated Value: $590,000 - $666,000

3 Beds
3 Baths
2,641 Sq Ft
$238/Sq Ft Est. Value

About This Home

This home is located at 38 Old Grove Ln, Apex, NC 27502 and is currently estimated at $627,739, approximately $237 per square foot. 38 Old Grove Ln is a home located in Wake County with nearby schools including Apex Elementary, Apex Middle, and Apex High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 9, 2020
Sold by
Nichols Susan B
Bought by
Sumerel Stephen E and Sumerel Marie B
Current Estimated Value
$627,739

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Outstanding Balance
$287,984
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$339,755

Purchase Details

Closed on
Nov 4, 2014
Sold by
Ioannone Joseph V and Ioannone Renee Griffith
Bought by
Nichols Susan B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$291,920
Interest Rate
4.26%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 29, 2012
Sold by
Jvi Construction Inc
Bought by
Iannone Joseph

Purchase Details

Closed on
Apr 6, 2011
Sold by
Jvi Development Ii Inc
Bought by
Jvi Construction Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$471,420
Interest Rate
4.92%
Mortgage Type
Future Advance Clause Open End Mortgage
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
Sumerel Stephen E $420,000 None Available
Nichols Susan B $365,000 None Available
Iannone Joseph -- None Available
Jvi Construction Inc $150,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sumerel Stephen E $320,000
Previous Owner Nichols Susan B $291,920
Previous Owner Jvi Construction Inc $471,420
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 $4,995 $582,867 $115,000 $467,867
2023 $4,438 $402,741 $65,000 $337,741
2022 $4,166 $402,741 $65,000 $337,741
2021 $4,007 $402,741 $65,000 $337,741
2020 $3,967 $402,741 $65,000 $337,741
2019 $4,196 $367,684 $75,000 $292,684
2018 $3,952 $367,684 $75,000 $292,684
2017 $3,678 $367,684 $75,000 $292,684
2016 $3,625 $365,645 $75,000 $290,645
2015 $3,915 $387,769 $75,000 $312,769
2014 -- $387,769 $75,000 $312,769
Source: Public Records

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