NOT LISTED FOR SALE

524 Emerald Downs Rd Cary, NC 27519

Cary Park Neighborhood

Estimated Value: $721,000 - $780,738

4 Beds
3 Baths
3,250 Sq Ft
$227/Sq Ft Est. Value

About This Home

This home is located at 524 Emerald Downs Rd, Cary, NC 27519 and is currently estimated at $737,185, approximately $226 per square foot. 524 Emerald Downs Rd is a home located in Wake County with nearby schools including Hortons Creek Elementary, Mills Park Middle School, and Panther Creek High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 28, 2014
Sold by
Wei Sung Jen and Chang Fang Mei
Bought by
Muthukutty Mahesh and Sasikumar Swapna
Current Estimated Value
$737,185

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$289,250
Interest Rate
3.5%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 21, 2006
Sold by
Kb Home Raleigh Durham Inc
Bought by
Wei Sung Jen and Cheng Fang Mei

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$219,748
Interest Rate
6.33%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 3, 2006
Sold by
Scc Canyon Ii Llc
Bought by
Kb Home Raleigh Durham Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$219,748
Interest Rate
6.33%
Mortgage Type
Purchase Money Mortgage
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
Muthukutty Mahesh $325,000 None Available
Wei Sung Jen $314,000 None Available
Kb Home Raleigh Durham Llc $701,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Krishnamurthy Gowthaman $332,500
Closed Krishnamurthy Gowthaman $334,500
Closed Muthukutty Mahesh $269,500
Closed Muthukutty Mahesh $289,250
Previous Owner Wei Sung Jen $219,748
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 $5,690 $676,205 $200,000 $476,205
2023 $4,015 $398,687 $86,000 $312,687
2022 $3,865 $398,687 $86,000 $312,687
2021 $3,788 $398,687 $86,000 $312,687
2020 $3,808 $398,687 $86,000 $312,687
2019 $3,634 $337,508 $86,000 $251,508
2018 $3,410 $337,508 $86,000 $251,508
2017 $3,277 $337,508 $86,000 $251,508
2016 $3,228 $337,508 $86,000 $251,508
2015 $3,272 $330,303 $80,000 $250,303
2014 $3,085 $330,303 $80,000 $250,303
Source: Public Records

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