3904 Covington Trace Apex, NC 27502
West Apex NeighborhoodEstimated Value: $735,000 - $795,016
5
Beds
4
Baths
3,131
Sq Ft
$245/Sq Ft
Est. Value
About This Home
This home is located at 3904 Covington Trace, Apex, NC 27502 and is currently estimated at $767,504, approximately $245 per square foot. 3904 Covington Trace is a home located in Wake County with nearby schools including Olive Chapel Elementary School, Lufkin Road Middle School, and Apex Friendship High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
May 23, 2014
Sold by
Beazer Homes Corp
Bought by
Machineni Srinivasu and Kanakamedala Srilatha
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
$282,312
Outstanding Balance
$199,504
Interest Rate
2.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$568,000
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 |
|---|---|---|---|
| Machineni Srinivasu | $376,500 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Machineni Srinivasu | $282,312 |
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 | $6,768 | $772,846 | $185,000 | $587,846 |
| 2024 | $6,616 | $772,846 | $185,000 | $587,846 |
| 2023 | $4,700 | $426,657 | $75,000 | $351,657 |
| 2022 | $4,412 | $426,657 | $75,000 | $351,657 |
| 2021 | $4,244 | $426,657 | $75,000 | $351,657 |
| 2020 | $4,201 | $426,657 | $75,000 | $351,657 |
| 2019 | $4,469 | $391,739 | $85,000 | $306,739 |
| 2018 | $4,209 | $391,739 | $85,000 | $306,739 |
| 2017 | $3,918 | $391,739 | $85,000 | $306,739 |
| 2016 | $3,861 | $391,739 | $85,000 | $306,739 |
| 2015 | $3,610 | $357,400 | $65,000 | $292,400 |
| 2014 | -- | $65,000 | $65,000 | $0 |
Source: Public Records
Map
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