Estimated Value: $610,000 - $653,000
3
Beds
3
Baths
2,641
Sq Ft
$240/Sq Ft
Est. Value
About This Home
This home is located at 38 Old Grove Ln, Apex, NC 27502 and is currently estimated at $633,182, approximately $239 per square foot. 38 Old Grove Ln is a home located in Wake County with nearby schools including Apex Elementary School, 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
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
$284,755
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$348,427
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
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
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
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 | -- | $582,867 | $115,000 | $467,867 |
| 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
Map
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