NOT LISTED FOR SALE

705 Newstead Way Cary, NC 27519

Twin Lakes Neighborhood

Estimated Value: $592,000 - $633,000

3 Beds
3 Baths
2,120 Sq Ft
$288/Sq Ft Est. Value

About This Home

This home is located at 705 Newstead Way, Cary, NC 27519 and is currently estimated at $609,545, approximately $287 per square foot. 705 Newstead Way is a home located in Wake County with nearby schools including Cedar Fork Elementary, West Cary Middle School, and Panther Creek High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 21, 2014
Sold by
Shahid Umer and Hussain Beenish
Bought by
Warrich Suhail and Asmat Atia
Current Estimated Value
$609,545

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,800
Outstanding Balance
$156,579
Interest Rate
4.26%
Mortgage Type
New Conventional
Estimated Equity
$452,966

Purchase Details

Closed on
Oct 31, 2008
Sold by
Kb Home Raleigh Durham Inc
Bought by
Shahid Umer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,210
Interest Rate
5.78%
Mortgage Type
FHA
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

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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
Warrich Suhail $257,000 None Available
Shahid Umer $233,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Warrich Suhail $204,800
Previous Owner Shahid Umer $230,210
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 $4,888 $567,931 $180,000 $387,931
2024 $4,782 $567,931 $180,000 $387,931
2023 $3,754 $372,678 $95,000 $277,678
2022 $3,614 $372,678 $95,000 $277,678
2021 $3,542 $372,678 $95,000 $277,678
2020 $3,560 $372,678 $95,000 $277,678
2019 $3,235 $300,264 $70,000 $230,264
2018 $3,036 $300,264 $70,000 $230,264
2017 $2,918 $300,264 $70,000 $230,264
2016 $2,874 $300,264 $70,000 $230,264
2015 $2,568 $258,782 $52,000 $206,782
2014 -- $258,782 $52,000 $206,782
Source: Public Records

Map

North Carolina Wake County Cary 27519 Twin Lakes

705 Newstead Way, Cary, NC

This home is located at 705 Newstead Way, Cary, NC 27519 and is currently estimated at $609,545, approximately $287 per square foot. 705 Newstead Way is a home located in Wake County with nearby schools including Cedar Fork Elementary, West Cary Middle School, and Panther Creek High School.

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