NOT LISTED FOR SALE

1307 Formal Garden Way Raleigh, NC 27603

Renaissance Park Neighborhood

Estimated Value: $507,000 - $630,000

3 Beds
3 Baths
2,399 Sq Ft
$238/Sq Ft Est. Value

About This Home

This home is located at 1307 Formal Garden Way, Raleigh, NC 27603 and is currently estimated at $572,111, approximately $238 per square foot. 1307 Formal Garden Way is a home located in Wake County with nearby schools including Smith Elementary, North Garner Middle, and Garner High.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 4, 2020
Sold by
Johnson Kimberly Dawn
Bought by
Nida Christopher A and Bridges Cara D
Current Estimated Value
$572,111

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$329,000
Outstanding Balance
$295,107
Interest Rate
3.74%
Mortgage Type
New Conventional
Estimated Equity
$285,341

Purchase Details

Closed on
Feb 12, 2014
Sold by
Amelia Park Llc
Bought by
Johnson Kimberly Dawn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$251,456
Interest Rate
4.56%
Mortgage Type
New Conventional
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
Nida Christopher A $349,000 None Available
Johnson Kimberly Dawn $270,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nida Christopher A $329,000
Previous Owner Johnson Kimberly Dawn $251,456
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
2024 $4,851 $556,298 $110,000 $446,298
2023 $4,024 $367,342 $65,000 $302,342
2022 $3,739 $367,342 $65,000 $302,342
2021 $3,594 $367,342 $65,000 $302,342
2020 $3,529 $367,342 $65,000 $302,342
2019 $3,394 $291,159 $60,000 $231,159
2018 $3,201 $291,159 $60,000 $231,159
2017 $3,049 $291,159 $60,000 $231,159
2016 $2,986 $291,159 $60,000 $231,159
2015 $3,123 $299,645 $60,000 $239,645
2014 $2,962 $303,027 $60,000 $243,027
Source: Public Records

Map

North Carolina Wake County Raleigh 27603 Renaissance Park

1307 Formal Garden Way, Raleigh, NC

This home is located at 1307 Formal Garden Way, Raleigh, NC 27603 and is currently estimated at $572,111, approximately $238 per square foot. 1307 Formal Garden Way is a home located in Wake County with nearby schools including Smith Elementary, North Garner Middle, and Garner High.

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