NOT LISTED FOR SALE

1236 Torchlight Way Raleigh, NC 27603

Estimated Value: $462,000 - $506,000

3 Beds
3 Baths
2,106 Sq Ft
$231/Sq Ft Est. Value

Last Sold November 02, 2022

Last sale price $465,000 $221 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $2,838/month

About This Home

As of November 2022

OH cancelled 9/24.Come on in and take a deep breath! The theme of this house is: space. From the vaulted ceilings in the two story living room, to the first floor primary suite and separate upstairs bedrooms + bonus room, to the sprawling screen porch and *brand new* deck, to the nearly ONE ACRE lot, this home has plenty of space to spread out. Lovingly maintained with new carpet, quartz counters, modern backsplash, updated bathrooms and fresh paint, this home is move-in ready for you. Newer HVACs = low energy costs and low maintenance living. Situated on a quiet cul-de-sac surrounded by blooming crepe myrtles, this home feels quiet and rural, while only 15 minutes from downtown Raleigh. You'll only pay county taxes and have access to fiber internet!

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 15, 2022
Closed on
Oct 28, 2022
Sold by
Newberry Michael and Newberry Rachael Elizabeth
Bought by
Ryan Peter and Ryan Elaine Peter
Seller's Agent
Margaret Rubin
Nest Realty of the Triangle
Buyer's Agent
Samuel Poindexter
Raleigh Realty Inc.
List Price
$485,000
Sold Price
$465,000
Premium/Discount to List
-$20,000
-4.12%
Views
1
Current Estimated Value
$486,026

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,026
Avg. Annual Appreciation
1.52%
Original Mortgage
$449,038
Outstanding Balance
$434,465
Interest Rate
6.7%
Mortgage Type
VA
Estimated Equity
$51,561

Purchase Details

Closed on
Aug 23, 2019
Sold by
Duong Quy V and My-Ha Thi
Bought by
Newberry Michael and Meleney Rachael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,530
Interest Rate
3.7%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 3, 2019
Sold by
Duong Quy V and Hoang My Ha Thi
Bought by
Newberry Michael and Newberry Rachael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,530
Interest Rate
3.7%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 20, 2001
Sold by
Sierra Builders Inc
Bought by
Duong Quy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,920
Interest Rate
6.49%

Purchase Details

Closed on
May 4, 1998
Sold by
Peele Glenda J
Bought by
Stone Home Partners Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$34,000
Interest Rate
7.03%
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
Ryan Peter $465,000 --
Newberry Michael $302,000 None Listed On Document
Newberry Michael $302,000 None Available
Duong Quy $200,000 --
Stone Home Partners Inc -- --
Peele Glenda J $38,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ryan Peter $449,038
Previous Owner Newberry Michael $296,530
Previous Owner Newberry Michael $296,530
Previous Owner Duong Quy $159,920
Previous Owner Peele Glenda J $34,000
Closed Duong Quy $19,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/15/2023 12/15/23 Off Market $465,000 -- --
11/02/2022 11/02/22 Sold $465,000 -4.1% $221 / Sq Ft View Prior Sale
09/27/2022 09/27/22 Pending -- -- --
09/15/2022 09/15/22 For Sale $485,000 -- $230 / Sq Ft

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 $3,008 $467,090 $90,000 $377,090
2024 $2,921 $467,090 $90,000 $377,090
2023 $2,193 $278,657 $50,000 $228,657
2022 $2,032 $278,657 $50,000 $228,657
2021 $1,978 $278,657 $50,000 $228,657
2020 $1,946 $278,657 $50,000 $228,657
2019 $1,909 $231,309 $50,000 $181,309
2018 $1,756 $231,309 $50,000 $181,309
2017 $1,665 $231,309 $50,000 $181,309
2016 $1,631 $231,309 $50,000 $181,309
2015 $1,804 $256,832 $50,000 $206,832
2014 -- $256,832 $50,000 $206,832
Source: Public Records

Agents Affiliated with this Home

  • Margaret Rubin

    Seller's Agent in 2022

    Margaret Rubin

    Nest Realty of the Triangle

    (919) 289-9516

    1 in this area

    56 Total Sales

    Margaret Rubin
    Section Image
  • Samuel Poindexter

    Buyer's Agent in 2022

    Samuel Poindexter

    Raleigh Realty Inc.

    (919) 443-0967

    5 in this area

    40 Total Sales

    Samuel Poindexter
    Section Image
See All Agents

Map

North Carolina Wake County Raleigh 27603

1236 Torchlight Way, Raleigh, NC

This home is located at 1236 Torchlight Way, Raleigh, NC 27603 and is currently estimated at $486,026, approximately $230 per square foot. 1236 Torchlight Way is a home located in Wake County with nearby schools including Vance Elementary School, North Garner Middle, and South Garner High.

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