516 Otway Rd Wake Forest, NC 27587
Estimated Value: $671,687 - $763,000
4
Beds
3
Baths
2,952
Sq Ft
$241/Sq Ft
Est. Value
About This Home
This home is located at 516 Otway Rd, Wake Forest, NC 27587 and is currently estimated at $710,422, approximately $240 per square foot. 516 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
Feb 23, 2012
Sold by
Cambridge Homes Of Raleigh Llc
Bought by
Curtis Andi Danielle Warker and Curtis Jeffrey Warner
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
$330,125
Outstanding Balance
$231,046
Interest Rate
3.89%
Mortgage Type
New Conventional
Estimated Equity
$474,871
Purchase Details
Closed on
Jun 2, 2011
Sold by
Heritage Wake Forest Inc
Bought by
Cambridge Homes Of Raleigh Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
4.71%
Mortgage Type
Future Advance Clause Open End Mortgage
Purchase Details
Closed on
Jan 19, 2011
Sold by
Biltmore Homes Llc
Bought by
Heritage Wake Forest Inc
Purchase Details
Closed on
May 6, 2008
Sold by
Heritage Wake Forest Inc
Bought by
Biltmore Homes Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,750
Interest Rate
5.86%
Mortgage Type
Purchase Money 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 |
---|---|---|---|
Curtis Andi Danielle Warker | $347,500 | None Available | |
Cambridge Homes Of Raleigh Llc | $55,000 | None Available | |
Heritage Wake Forest Inc | $440,000 | None Available | |
Biltmore Homes Llc | $220,500 | None Available |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Curtis Andi Danielle Walker | $41,000 | |
Open | Curtis Andi Danielle Warker | $330,125 | |
Previous Owner | Cambridge Homes Of Raleigh Llc | $250,000 | |
Previous Owner | Biltmore Homes Llc | $159,750 | |
Previous Owner | Wesendunk Richard T | $25,000 |
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 | $5,893 | $616,157 | $130,000 | $486,157 |
2023 | $4,765 | $408,366 | $65,000 | $343,366 |
2022 | $4,571 | $408,366 | $65,000 | $343,366 |
2021 | $4,492 | $408,366 | $65,000 | $343,366 |
2020 | $4,492 | $408,366 | $65,000 | $343,366 |
2019 | $4,850 | $389,266 | $60,000 | $329,266 |
2018 | $4,592 | $389,266 | $60,000 | $329,266 |
2017 | $4,438 | $389,266 | $60,000 | $329,266 |
2016 | $4,382 | $389,266 | $60,000 | $329,266 |
2015 | $4,246 | $372,496 | $70,000 | $302,496 |
2014 | $4,110 | $372,496 | $70,000 | $302,496 |
Source: Public Records
Map
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