NOT LISTED FOR SALE

12509 Village Springs Rd Raleigh, NC 27614

Falls Lake Neighborhood

Estimated Value: $842,000 - $1,055,000

4 Beds
4 Baths
4,509 Sq Ft
$215/Sq Ft Est. Value

About This Home

This home is located at 12509 Village Springs Rd, Raleigh, NC 27614 and is currently estimated at $971,567, approximately $215 per square foot. 12509 Village Springs Rd is a home located in Wake County with nearby schools including Wakefield Elementary School, Wakefield Middle, and Wakefield High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 25, 2021
Sold by
Marrett Daniel and Marrett Glenda
Bought by
Shafer Mark and Shafer Amber
Current Estimated Value
$971,567

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,000
Outstanding Balance
$484,318
Interest Rate
2.73%
Mortgage Type
New Conventional
Estimated Equity
$487,249

Purchase Details

Closed on
Jun 29, 2016
Sold by
Oliva Carlos S and Oliva Mary K
Bought by
Marrett Daniel and Marrett Glenda

Purchase Details

Closed on
Aug 29, 2003
Sold by
Gardner Michael S and Gardner Cynthia D
Bought by
Oliva Carlos S and Oliva Mary K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$496,000
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 25, 2001
Sold by
Buildmaster Inc
Bought by
Gardner Michael S and Gardner Cynthia D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$484,500
Interest Rate
6.5%
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
Shafer Mark $600,000 None Available
Marrett Daniel $555,000 None Available
Oliva Carlos S $620,000 --
Gardner Michael S $570,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shafer Mark $540,000
Previous Owner Oliva Carlos S $496,000
Previous Owner Gardner Michael S $484,500
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 $8,636 $987,919 $180,000 $807,919
2024 $8,600 $987,919 $180,000 $807,919
2023 $7,643 $699,398 $100,000 $599,398
2022 $7,101 $699,398 $100,000 $599,398
2021 $6,825 $699,398 $100,000 $599,398
2020 $6,701 $699,398 $100,000 $599,398
2019 $8,106 $697,767 $180,000 $517,767
2018 $7,644 $697,767 $180,000 $517,767
2017 $7,279 $697,767 $180,000 $517,767
2016 $7,129 $697,767 $180,000 $517,767
2015 $7,870 $758,088 $170,000 $588,088
2014 $7,463 $758,088 $170,000 $588,088
Source: Public Records

Map

North Carolina Wake County Raleigh 27614 Falls Lake

12509 Village Springs Rd, Raleigh, NC

This home is located at 12509 Village Springs Rd, Raleigh, NC 27614 and is currently estimated at $971,567, approximately $215 per square foot. 12509 Village Springs Rd is a home located in Wake County with nearby schools including Wakefield Elementary School, Wakefield Middle, and Wakefield 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