NOT LISTED FOR SALE

504 Otway Rd Wake Forest, NC 27587

Estimated Value: $543,556 - $622,000

3 Beds
3 Baths
2,222 Sq Ft
$262/Sq Ft Est. Value

About This Home

This home is located at 504 Otway Rd, Wake Forest, NC 27587 and is currently estimated at $581,389, approximately $261 per square foot. 504 Otway Rd is a home located in Wake County with nearby schools including Heritage Elementary School, Heritage Middle School, and Heritage High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 8, 2009
Sold by
Biltmore Homes Llc
Bought by
Cone Joseph R and Cone Laura B
Current Estimated Value
$581,389

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$271,062
Interest Rate
5.01%
Mortgage Type
FHA
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
Cone Joseph R $296,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cone Joseph Randall $271,757
Closed Cone Joseph R $271,062
Previous Owner Adams Melvinna R $8,700
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 $4,930 $501,237 $130,000 $371,237
2023 $3,982 $340,939 $65,000 $275,939
2022 $3,820 $340,939 $65,000 $275,939
2021 $3,753 $340,939 $65,000 $275,939
2020 $3,753 $340,939 $65,000 $275,939
2019 $4,074 $326,717 $60,000 $266,717
2018 $3,857 $326,717 $60,000 $266,717
2017 $3,728 $326,717 $60,000 $266,717
2016 $3,681 $326,717 $60,000 $266,717
2015 $3,378 $295,975 $70,000 $225,975
2014 $3,270 $295,975 $70,000 $225,975
Source: Public Records

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