NOT LISTED FOR SALE

1240 Torchlight Way Raleigh, NC 27603

Estimated Value: $625,000 - $751,000

5 Beds
5 Baths
3,894 Sq Ft
$177/Sq Ft Est. Value

About This Home

This home is located at 1240 Torchlight Way, Raleigh, NC 27603 and is currently estimated at $690,636, approximately $177 per square foot. 1240 Torchlight Way is a home located in Wake County with nearby schools including Vance Elementary School, North Garner Middle, and South Garner High.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 2, 2025
Sold by
Beckstrand Jolee and Beckstrand Steven
Bought by
Nocarox Family Trust and Beckstrand
Current Estimated Value
$690,636

Purchase Details

Closed on
Aug 27, 2020
Sold by
Thompson Martin Ray and Thompson Pamela Maria
Bought by
Beckstrand Jolee and Beckstrand Steven

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$341,600
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 27, 2000
Sold by
Sierra Builders
Bought by
Thompson Martin Ray and Thompson Pamela Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$211,100
Interest Rate
7.92%

Purchase Details

Closed on
Dec 31, 1998
Sold by
Stone Home Partners Inc
Bought by
Sierra Builders

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,000
Interest Rate
6.87%
Source: Public Records

Range of Values:

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
Nocarox Family Trust -- None Listed On Document
Nocarox Family Trust -- None Listed On Document
Beckstrand Jolee $427,000 None Available
Thompson Martin Ray $264,000 Fidelity National Title Co
Sierra Builders $76,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Beckstrand Jolee $341,600
Previous Owner Thompson Martin Ray $211,100
Previous Owner Sierra Builders $57,000
Closed Sierra Builders $38,000
Closed Thompson Martin Ray $32,900
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 $4,306 $670,177 $90,000 $580,177
2024 $4,182 $670,177 $90,000 $580,177
2023 $3,211 $409,238 $50,000 $359,238
2022 $2,976 $409,238 $50,000 $359,238
2021 $2,896 $409,238 $50,000 $359,238
2020 $2,825 $409,238 $50,000 $359,238
2019 $2,710 $329,415 $50,000 $279,415
2018 $2,492 $329,415 $50,000 $279,415
2017 $2,362 $329,415 $50,000 $279,415
2016 $2,314 $329,415 $50,000 $279,415
2015 $2,820 $403,166 $50,000 $353,166
2014 $2,673 $403,166 $50,000 $353,166
Source: Public Records

Map

North Carolina Wake County Raleigh 27603

1240 Torchlight Way, Raleigh, NC

This home is located at 1240 Torchlight Way, Raleigh, NC 27603 and is currently estimated at $690,636, approximately $177 per square foot. 1240 Torchlight Way is a home located in Wake County with nearby schools including Vance Elementary School, North Garner Middle, and South Garner High.

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