NOT LISTED FOR SALE

516 Lochness Ln Cary, NC 27511

South Cary Neighborhood

Estimated Value: $524,000 - $569,000

3 Beds
4 Baths
2,453 Sq Ft
$225/Sq Ft Est. Value

About This Home

This home is located at 516 Lochness Ln, Cary, NC 27511 and is currently estimated at $551,711, approximately $224 per square foot. 516 Lochness Ln is a home located in Wake County with nearby schools including Briarcliff Elementary School, East Cary Middle School, and Cary High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 20, 2021
Sold by
Hutcheson Harry James and Hutcheson Iris C
Bought by
Ranish Timothy and Ranish Margaret Leigh
Current Estimated Value
$551,711

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$323,584
Outstanding Balance
$288,800
Interest Rate
2.71%
Mortgage Type
New Conventional
Estimated Equity
$262,911

Purchase Details

Closed on
Dec 28, 2017
Sold by
Hutcheson Harry James and Hutcheson Iris
Bought by
Hutcheson Properties Llc

Purchase Details

Closed on
Sep 2, 1986
Bought by
Hutcheson Hutcheson H and Hutcheson Iris C
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Ranish Timothy $360,000 None Available
Hutcheson Properties Llc -- None Available
Hutcheson Hutcheson H $121,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ranish Timothy $323,584
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
2025 $4,185 $485,977 $175,000 $310,977
2024 $4,095 $485,977 $175,000 $310,977
2023 $3,391 $336,467 $110,000 $226,467
2022 $3,265 $336,467 $110,000 $226,467
2021 $3,200 $336,467 $110,000 $226,467
2020 $3,216 $336,467 $110,000 $226,467
2019 $2,615 $242,408 $76,000 $166,408
2018 $2,455 $242,408 $76,000 $166,408
2017 $2,359 $242,408 $76,000 $166,408
2016 $2,264 $236,088 $76,000 $160,088
2015 $2,156 $216,972 $60,000 $156,972
2014 $2,034 $216,972 $60,000 $156,972
Source: Public Records

Map

North Carolina Wake County Cary 27511 South Cary

516 Lochness Ln, Cary, NC

This home is located at 516 Lochness Ln, Cary, NC 27511 and is currently estimated at $551,711, approximately $224 per square foot. 516 Lochness Ln is a home located in Wake County with nearby schools including Briarcliff Elementary School, East Cary Middle School, and Cary High School.

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