NOT LISTED FOR SALE

Estimated Value: $998,022 - $1,108,000

5 Beds
4 Baths
3,325 Sq Ft
$318/Sq Ft Est. Value

About This Home

This home is located at 705 Magalloway Dr, Cary, NC 27519 and is currently estimated at $1,057,506, approximately $318 per square foot. 705 Magalloway Dr is a home located in Wake County with nearby schools including Carpenter Elementary, Alston Ridge Middle School, and Panther Creek High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 14, 2015
Sold by
Cockerham Joseph Brian and Cockerham Shawn Nicole
Bought by
Mathew Vinu Zacharia and Maya Malini Panikkar
Current Estimated Value
$1,057,506

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,000
Interest Rate
3.88%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 18, 2010
Sold by
Cockerham Joseph Brian and Cockerham Shawn Nicole
Bought by
Cockerham Joseph Brian and Cockerham Shawn Nicole

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$407,650
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 13, 2007
Sold by
Amward Homes Inc
Bought by
Cockerham Joseph Brian and Carrico Shawn Nicole

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,500
Interest Rate
6.17%
Mortgage Type
Credit Line Revolving
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
Mathew Vinu Zacharia $538,500 Attorney
Cockerham Joseph Brian -- None Available
Cockerham Joseph Brian $530,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zacharia Vinu $150,000
Closed Zacharia Mathew Vinu $249,872
Closed Mathew Vinu Zacharia $271,000
Closed Mathew Vinu Zacharia $100,000
Closed Mathew Vinu Zacharia $54,000
Closed Mathew Vinu Zacharia $401,250
Previous Owner Cockerham Joseph Brian $407,650
Previous Owner Cockerham Joseph Brian $86,500
Previous Owner Cockerham Joseph Brian $417,000
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 $7,617 $906,070 $250,000 $656,070
2023 $5,244 $521,329 $145,000 $376,329
2022 $5,048 $521,329 $145,000 $376,329
2021 $4,947 $521,329 $145,000 $376,329
2020 $4,973 $521,329 $145,000 $376,329
2019 $5,854 $544,854 $148,000 $396,854
2018 $5,493 $544,854 $148,000 $396,854
2017 $5,278 $544,854 $148,000 $396,854
2016 $5,199 $544,854 $148,000 $396,854
2015 $4,632 $468,480 $129,000 $339,480
2014 $4,367 $468,480 $129,000 $339,480
Source: Public Records

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