NOT LISTED FOR SALE

Estimated Value: $899,000 - $955,000

5 Beds
4 Baths
3,550 Sq Ft
$259/Sq Ft Est. Value

About This Home

This home is located at 520 Powers Ferry Rd, Cary, NC 27519 and is currently estimated at $919,973, approximately $259 per square foot. 520 Powers Ferry Rd is a home located in Wake County with nearby schools including Mills Park Elementary School, Mills Park Middle School, and Green Level High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 9, 2021
Sold by
Saranathan Ramkumar and Parthasarathy A
Bought by
Saranathan Ramkumar and Parthasarathy A
Current Estimated Value
$919,973

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,500
Outstanding Balance
$37,179
Interest Rate
3%
Mortgage Type
Credit Line Revolving
Estimated Equity
$873,716

Purchase Details

Closed on
Jan 19, 2021
Sold by
Saranathan-Parthasarathy Living Trust and Saranathan Ramkumar
Bought by
Saranathan Ramkumar and Saranathan Aarathy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$365,460
Outstanding Balance
$341,106
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$569,789

Purchase Details

Closed on
Oct 13, 2020
Sold by
Saranathan Ramkumar and Parthasarathy A
Bought by
Saranathan Ramkumar and Parthasarathy A

Purchase Details

Closed on
Nov 20, 2014
Sold by
Keskar Prasad and Patange Prajakta T
Bought by
Saranathan Ramkumar and Parthasarathy Aarathy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$41,000
Interest Rate
4%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 27, 2012
Sold by
M/I Homes Of Raleigh Llc
Bought by
Keskar Prasad and Patange Prajakta T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$297,600
Interest Rate
3.55%
Mortgage Type
New Conventional
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

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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
Saranathan Ramkumar -- None Available
Saranathan Ramkumar -- None Listed On Document
Saranathan Ramkumar -- None Available
Saranathan Ramkumar -- None Available
Saranathan Ramkumar $415,000 None Available
Keskar Prasad $372,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Saranathan Rain Kumar $58,500
Open Saranathan Ramkumar $365,460
Previous Owner Saranathan Ramkumar $91,400
Previous Owner Saranathan Ramkuar $367,500
Previous Owner Saranthan Ramkumar $115,000
Previous Owner Saranathan Ramkumar $323,000
Previous Owner Saranathan Ramkumar $41,000
Previous Owner Saranathan Ramkumar $332,000
Previous Owner Keskar Prasad $297,600
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 $6,435 $765,036 $160,000 $605,036
2023 $4,695 $466,539 $63,000 $403,539
2022 $4,520 $466,539 $63,000 $403,539
2021 $4,429 $466,539 $63,000 $403,539
2020 $4,452 $466,539 $63,000 $403,539
2019 $4,491 $417,561 $84,000 $333,561
2018 $4,214 $417,561 $84,000 $333,561
2017 $4,049 $417,561 $84,000 $333,561
2016 $3,989 $417,561 $84,000 $333,561
2015 $4,164 $420,952 $112,000 $308,952
2014 -- $420,952 $112,000 $308,952
Source: Public Records

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