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
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
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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 |
---|---|---|---|
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
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
Map
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