NOT LISTED FOR SALE

603 Royal Tower Way Cary, NC 27513

West Cary Neighborhood

Estimated Value: $875,958 - $976,000

5 Beds
4 Baths
3,670 Sq Ft
$255/Sq Ft Est. Value

About This Home

This home is located at 603 Royal Tower Way, Cary, NC 27513 and is currently estimated at $935,490, approximately $254 per square foot. 603 Royal Tower Way is a home located in Wake County with nearby schools including Laurel Park Elementary, Salem Middle, and Green Hope High.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 16, 2012
Sold by
Hines Michael D and Hines Tracy
Bought by
Khatri Alpen R and Lakdawala Mayuri
Current Estimated Value
$935,490

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$370,760
Outstanding Balance
$256,323
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$679,167

Purchase Details

Closed on
May 26, 2006
Sold by
Kotamraju Srinivas and Kotamraju Madhuri
Bought by
Hines Michael D and Hines Tracy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$415,400
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 27, 2006
Sold by
Centex Homes
Bought by
Kotamraju Srinivas and Kotamraju Madhuri

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$373,688
Interest Rate
5.12%
Mortgage Type
Fannie Mae Freddie Mac
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
Khatri Alpen R $463,500 None Available
Hines Michael D $519,500 None Available
Kotamraju Srinivas $467,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Khatri Alpen R $370,760
Previous Owner Hines Michael D $415,400
Previous Owner Hines Michael D $77,800
Previous Owner Kotamraju Srinivas $373,688
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 $7,237 $841,976 $215,000 $626,976
2024 $7,080 $841,976 $215,000 $626,976
2023 $5,220 $518,947 $107,000 $411,947
2022 $5,025 $518,947 $107,000 $411,947
2021 $4,924 $518,947 $107,000 $411,947
2020 $4,950 $518,947 $107,000 $411,947
2019 $5,459 $507,940 $115,000 $392,940
2018 $4,946 $490,482 $115,000 $375,482
2017 $4,753 $490,482 $115,000 $375,482
2016 $4,682 $490,482 $115,000 $375,482
2015 $4,960 $501,757 $92,000 $409,757
2014 $4,676 $501,757 $92,000 $409,757
Source: Public Records

Map

North Carolina Wake County Cary 27513 West Cary

603 Royal Tower Way, Cary, NC

This home is located at 603 Royal Tower Way, Cary, NC 27513 and is currently estimated at $935,490, approximately $254 per square foot. 603 Royal Tower Way is a home located in Wake County with nearby schools including Laurel Park Elementary, Salem Middle, and Green Hope High.

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