NOT LISTED FOR SALE

6809 Franklin Heights Rd Cary, NC 27518

Lochmere Neighborhood

Estimated Value: $449,000 - $496,000

3 Beds
2 Baths
1,529 Sq Ft
$309/Sq Ft Est. Value

About This Home

This home is located at 6809 Franklin Heights Rd, Cary, NC 27518 and is currently estimated at $471,838, approximately $308 per square foot. 6809 Franklin Heights Rd is a home located in Wake County with nearby schools including Swift Creek Elementary School, Dillard Drive Magnet Middle School, and Thales Academy Cary Pre-K-6.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 11, 2016
Sold by
Rouse Zabulon W and Rouse Jessica
Bought by
Farag Michael and Farag Bethany
Current Estimated Value
$471,838

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Outstanding Balance
$39,975
Interest Rate
4.04%
Mortgage Type
New Conventional
Estimated Equity
$431,863

Purchase Details

Closed on
Nov 15, 2011
Sold by
The Imber Family Limited Partnership #1
Bought by
Rouse Zebulon W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,592
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 24, 1998
Sold by
Imber Craig Francis and Imber Mary Lou
Bought by
The Imber Family Ltd Partnership #1
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
Farag Michael $202,000 None Available
Rouse Zebulon W $170,000 None Available
The Imber Family Ltd Partnership #1 -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Farag Michael $50,000
Previous Owner Rouse Zebulon W $165,592
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 -- $474,771 $230,000 $244,771
2024 $4,001 $474,771 $230,000 $244,771
2023 $2,512 $248,722 $86,000 $162,722
2022 $2,419 $248,722 $86,000 $162,722
2021 $2,089 $218,890 $86,000 $132,890
2020 $2,099 $218,890 $86,000 $132,890
2019 $1,898 $175,384 $76,000 $99,384
2018 $1,782 $175,384 $76,000 $99,384
2017 $1,712 $175,384 $76,000 $99,384
2016 $1,687 $175,384 $76,000 $99,384
2015 $1,543 $154,679 $70,000 $84,679
2014 $1,455 $154,679 $70,000 $84,679
Source: Public Records

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