NOT LISTED FOR SALE

1244 Torchlight Way Raleigh, NC 27603

Estimated Value: $598,000 - $638,000

4 Beds
3 Baths
2,993 Sq Ft
$204/Sq Ft Est. Value

About This Home

This home is located at 1244 Torchlight Way, Raleigh, NC 27603 and is currently estimated at $611,288, approximately $204 per square foot. 1244 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
Mar 30, 2020
Sold by
Gay Kendrick and Gay Jane
Bought by
Trommater Matthew Adam and Trommater Valerie A
Current Estimated Value
$611,288

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$345,800
Outstanding Balance
$273,969
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$337,319

Purchase Details

Closed on
Aug 31, 2017
Sold by
Contaldi Francis James
Bought by
Gay Kendrick and Gay Jane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$258,400
Interest Rate
3.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 21, 2013
Sold by
Contaldi Francis James and Contaldi Tara Suzanne
Bought by
Contaldi Francis James

Purchase Details

Closed on
May 31, 2012
Sold by
Amig Mark and Amig Laurie
Bought by
Contaldi Francis James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 14, 2010
Sold by
Us Bank National Association
Bought by
Amig Mark and Amig Laurie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,000
Interest Rate
4.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 22, 2010
Sold by
Loehr William and Loehr Julie
Bought by
Us Bank National Association

Purchase Details

Closed on
Aug 3, 2006
Sold by
Degroff Diane G and Degroff Fredrick J
Bought by
Lochr William and Lochr Julie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$279,000
Interest Rate
7.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 24, 2003
Sold by
Tcif Llc
Bought by
Degroff Fredrick and Degroff Diane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,000
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 9, 2003
Sold by
Union Planters Bank Na
Bought by
Tcif Llc

Purchase Details

Closed on
May 17, 2002
Sold by
Chisholm Allen W and Chisholm Frances B
Bought by
Union Planters Bank Na

Purchase Details

Closed on
Jun 29, 2000
Sold by
Mega Group Inc
Bought by
Chisholm Allen W and Chisholm Frances B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,750
Interest Rate
8.75%

Purchase Details

Closed on
Apr 19, 1999
Sold by
Cureton Terry
Bought by
Cureton Terry and Jaeger Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,000
Interest Rate
7.13%

Purchase Details

Closed on
Oct 12, 1998
Sold by
Stone Home Partners
Bought by
Cureton Terry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
6.65%
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Trommater Matthew Adam $364,000 None Available
Gay Kendrick $323,000 None Available
Contaldi Francis James -- None Available
Contaldi Francis James $260,000 Chicago Title Insurance Co
Amig Mark $235,500 None Available
Us Bank National Association $292,540 None Available
Lochr William $310,000 None Available
Degroff Fredrick $252,500 --
Tcif Llc -- --
Union Planters Bank Na $230,000 --
Chisholm Allen W $325,000 --
Mega Group Inc $235,000 --
Cureton Terry -- Fidelity National Title Ins
Cureton Terry $38,000 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Trommater Matthew Adam $345,800
Previous Owner Gay Kendrick $258,400
Previous Owner Contaldi Francis James $208,000
Previous Owner Amig Mark $185,000
Previous Owner Lochr William $279,000
Previous Owner Degroff Fredrick $202,000
Previous Owner Mega Group Inc $308,750
Previous Owner Cureton Terry $205,000
Previous Owner Cureton Terry $170,000
Closed Cureton Terry $8,000
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 $3,639 $565,833 $90,000 $475,833
2024 $3,534 $565,833 $90,000 $475,833
2023 $2,823 $359,521 $50,000 $309,521
2022 $2,616 $359,521 $50,000 $309,521
2021 $2,546 $359,521 $50,000 $309,521
2020 $2,504 $359,521 $50,000 $309,521
2019 $2,487 $302,027 $50,000 $252,027
2018 $2,286 $302,027 $50,000 $252,027
2017 $0 $302,027 $50,000 $252,027
2016 $2,124 $302,027 $50,000 $252,027
2015 $2,529 $361,323 $50,000 $311,323
2014 -- $361,323 $50,000 $311,323
Source: Public Records

Map

North Carolina Wake County Raleigh 27603

1244 Torchlight Way, Raleigh, NC

This home is located at 1244 Torchlight Way, Raleigh, NC 27603 and is currently estimated at $611,288, approximately $204 per square foot. 1244 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.

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