NOT LISTED FOR SALE

12229 the Gates Dr Raleigh, NC 27614

Falls Lake Neighborhood

Estimated Value: $1,566,822 - $2,278,000

5 Beds
6 Baths
7,780 Sq Ft
$247/Sq Ft Est. Value

About This Home

This home is located at 12229 the Gates Dr, Raleigh, NC 27614 and is currently estimated at $1,918,956, approximately $246 per square foot. 12229 the Gates Dr is a home located in Wake County with nearby schools including Pleasant Union Elementary School, West Millbrook Middle School, and Millbrook High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 12, 2013
Sold by
Ugarte Alfonso and De Ugarte Maria Vertiz
Bought by
Kalashian Jason Blaine
Current Estimated Value
$1,918,956

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$535,000
Outstanding Balance
$401,904
Interest Rate
4.57%
Mortgage Type
New Conventional
Estimated Equity
$1,517,052

Purchase Details

Closed on
Sep 15, 2010
Sold by
Berman Adam and Berman Veronica R
Bought by
Ugarte Alfonso and Ugarte Maria Vertiz

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$625,000
Interest Rate
4.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 29, 2008
Sold by
Custom Living Inc
Bought by
Berman Adam and Berman Veronica R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
6.08%
Mortgage Type
Purchase Money Mortgage
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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

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.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

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.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Kalashian Jason Blaine $935,000 None Available
Ugarte Alfonso $1,100,000 None Available
Berman Adam $1,075,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kalashian Jason Blaine $535,000
Previous Owner Ugarte Alfonso $625,000
Previous Owner Berman Adam $700,000
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
2025 $7,059 $1,100,466 $200,000 $900,466
2024 $6,854 $1,100,466 $200,000 $900,466
2023 $7,236 $925,523 $170,000 $755,523
2022 $6,704 $925,523 $170,000 $755,523
2021 $6,524 $925,523 $170,000 $755,523
2020 $6,415 $925,523 $170,000 $755,523
2019 $8,001 $977,219 $160,000 $817,219
2018 $7,353 $977,219 $160,000 $817,219
2017 $6,968 $977,219 $160,000 $817,219
2016 $6,826 $977,219 $160,000 $817,219
2015 $7,472 $1,073,069 $160,000 $913,069
2014 $6,971 $1,056,449 $160,000 $896,449
Source: Public Records

Map

North Carolina Wake County Raleigh 27614 Falls Lake

12229 the Gates Dr, Raleigh, NC

This home is located at 12229 the Gates Dr, Raleigh, NC 27614 and is currently estimated at $1,918,956, approximately $246 per square foot. 12229 the Gates Dr is a home located in Wake County with nearby schools including Pleasant Union Elementary School, West Millbrook Middle School, and Millbrook High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Nearby Homes