NOT LISTED FOR SALE

12240 Peed Rd Raleigh, NC 27614

Falls Lake Neighborhood

Estimated Value: $893,000 - $1,083,000

4 Beds
4 Baths
3,862 Sq Ft
$251/Sq Ft Est. Value

About This Home

This home is located at 12240 Peed Rd, Raleigh, NC 27614 and is currently estimated at $967,871, approximately $250 per square foot. 12240 Peed Rd is a home located in Wake County with nearby schools including Pleasant Union Elementary School, Wakefield Middle, and Wakefield High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 3, 2025
Sold by
Kent Werner Richard and Kidwell Deborah
Bought by
Olive Tree Development Llc
Current Estimated Value
$967,871

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Outstanding Balance
$498,704
Interest Rate
6.76%
Mortgage Type
Credit Line Revolving
Estimated Equity
$469,167

Purchase Details

Closed on
May 30, 2013
Sold by
Dibenedetti Paole and Dibenedetti Dana Britt
Bought by
Werner Richard Kent and Werner Debrorah Kidwell

Purchase Details

Closed on
Jun 30, 2005
Sold by
John Hayes Building Inc
Bought by
Dibenedetti Paolo and Dibenedetti Dana Britt

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$445,139
Interest Rate
5.62%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 20, 2004
Sold by
Contentnea Creek Development Company Inc
Bought by
John Hayes Building Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,500
Interest Rate
5.77%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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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
Olive Tree Development Llc $850,000 None Listed On Document
Olive Tree Development Llc $850,000 None Listed On Document
Werner Richard Kent $527,000 None Available
Dibenedetti Paolo $557,500 --
John Hayes Building Inc $85,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Olive Tree Development Llc $500,000
Closed Olive Tree Development Llc $500,000
Previous Owner Dibenedetti Paolo $445,139
Previous Owner John Hayes Building Inc $85,500
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 $5,604 $873,041 $175,000 $698,041
2024 $5,442 $873,041 $175,000 $698,041
2023 $4,421 $564,464 $85,000 $479,464
2022 $4,097 $564,464 $85,000 $479,464
2021 $3,986 $564,464 $85,000 $479,464
2020 $3,920 $564,464 $85,000 $479,464
2019 $4,553 $554,981 $85,000 $469,981
2018 $4,185 $554,981 $85,000 $469,981
2017 $3,966 $554,981 $85,000 $469,981
2016 $0 $554,981 $85,000 $469,981
2015 -- $634,706 $125,000 $509,706
2014 -- $634,706 $125,000 $509,706
Source: Public Records

Map

North Carolina Wake County Raleigh 27614 Falls Lake

12240 Peed Rd, Raleigh, NC

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