Estimated Value: $473,000 - $493,000
3
Beds
3
Baths
1,692
Sq Ft
$286/Sq Ft
Est. Value
About This Home
This home is located at 701 Midsummer Ln, Apex, NC 27502 and is currently estimated at $484,243, approximately $286 per square foot. 701 Midsummer Ln is a home located in Wake County with nearby schools including Baucom Elementary School, Apex Middle, and Apex High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 7, 2018
Sold by
Mcfadden Sara E
Bought by
Hikes Lindsey Rose and Hikes Maurice Aaron
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
$271,600
Outstanding Balance
$236,363
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$247,880
Purchase Details
Closed on
Nov 20, 2009
Sold by
Babb Michael C and Babb Naomi M
Bought by
Mcfadden Sara E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
4.92%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 21, 2004
Sold by
Babb Michael C and Babb Naomi M
Bought by
Babb Michael C and Babb Naomi M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,779
Interest Rate
5.49%
Mortgage Type
FHA
Purchase Details
Closed on
Dec 29, 2000
Sold by
Blankenship Scott W
Bought by
Babb Michael C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,818
Interest Rate
7.72%
Mortgage Type
FHA
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 |
|---|---|---|---|
| Hikes Lindsey Rose | $280,000 | None Available | |
| Mcfadden Sara E | $210,000 | None Available | |
| Babb Michael C | -- | Transcontinental Title Co | |
| Babb Michael C | $160,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Hikes Lindsey Rose | $271,600 | |
| Previous Owner | Mcfadden Sara E | $195,000 | |
| Previous Owner | Babb Michael C | $159,779 | |
| Previous Owner | Babb Michael C | $159,818 |
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 |
|---|---|---|---|---|
| 2025 | $3,782 | $430,877 | $200,000 | $230,877 |
| 2024 | $3,698 | $430,877 | $200,000 | $230,877 |
| 2023 | $3,003 | $271,910 | $80,000 | $191,910 |
| 2022 | $2,819 | $271,910 | $80,000 | $191,910 |
| 2021 | $2,712 | $271,910 | $80,000 | $191,910 |
| 2020 | $2,685 | $271,910 | $80,000 | $191,910 |
| 2019 | $2,552 | $222,979 | $75,000 | $147,979 |
| 2018 | $0 | $222,979 | $75,000 | $147,979 |
| 2017 | $2,239 | $222,979 | $75,000 | $147,979 |
| 2016 | $2,206 | $222,979 | $75,000 | $147,979 |
| 2015 | $2,149 | $211,927 | $64,000 | $147,927 |
| 2014 | $2,071 | $211,927 | $64,000 | $147,927 |
Source: Public Records
Map
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