NOT LISTED FOR SALE

1406 Varsity Dr Raleigh, NC 27606

Estimated Value: $622,000 - $963,425

-- Bed
17 Baths
37,201 Sq Ft
$20/Sq Ft Est. Value

About This Home

This home is located at 1406 Varsity Dr, Raleigh, NC 27606 and is currently estimated at $753,808, approximately $20 per square foot. 1406 Varsity Dr is a home located in Wake County with nearby schools including Weatherstone Elementary School, Davis Drive Middle, and Atlas International School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 28, 2025
Sold by
Signature Varsity Raleigh Borrower Llc
Bought by
Signature Varsity Raleigh Borrower Llc
Current Estimated Value
$753,808

Purchase Details

Closed on
Jan 22, 2025
Sold by
Stosic Robert F and Stosic Patricia W
Bought by
Signature Varsity Raleigh Borrower Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,192,830
Interest Rate
6.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 28, 2022
Sold by
Svanes and Susanne
Bought by
Stosic Robert F and Stosic Patricia W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$517,500
Interest Rate
4.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 15, 2017
Sold by
J R M J Llc
Bought by
Svanes Torkel and Svanes Susanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$201,000
Interest Rate
4.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 3, 2012
Sold by
Robinson Corre and Green Melissa A
Bought by
J R M J Llc

Purchase Details

Closed on
Feb 3, 2006
Sold by
King Timothy O and King Mariam C
Bought by
Robinson Corre and Green Melissa A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,900
Interest Rate
6.5%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Apr 30, 2002
Sold by
Mccallum Robert Bruce and Mccallum Helen P
Bought by
King Timothy O and King Mariam C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,500
Interest Rate
7.07%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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
Signature Varsity Raleigh Borrower Llc -- None Listed On Document
Signature Varsity Raleigh Borrower Llc -- None Listed On Document
Signature Varsity Raleigh Borrower Llc $775,000 None Listed On Document
Signature Varsity Raleigh Borrower Llc $775,000 None Listed On Document
Signature Varsity Raleigh Borrower Llc $775,000 None Listed On Document
Stosic Robert F $690,000 None Listed On Document
Svanes Torkel $268,000 None Available
J R M J Llc $208,000 None Available
Robinson Corre $200,000 None Available
King Timothy O $190,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Signature Varsity Raleigh Borrower Llc $64,192,830
Previous Owner Stosic Robert F $517,500
Previous Owner Svanes Torkel $201,000
Previous Owner Robinson Corre $159,900
Previous Owner King Timothy O $161,500
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 $30,123 $10,923,753 $10,620,000 $303,753
2024 $5,920 $674,768 $330,000 $344,768
2023 $3,419 $308,183 $100,000 $208,183
2022 $3,180 $308,183 $100,000 $208,183
2021 $3,059 $308,183 $100,000 $208,183
2020 $3,004 $308,183 $100,000 $208,183
2019 $2,367 $199,050 $75,000 $124,050
2018 $2,235 $199,050 $75,000 $124,050
2017 $2,131 $199,050 $75,000 $124,050
2016 $2,088 $199,050 $75,000 $124,050
2015 -- $198,758 $75,000 $123,758
2014 -- $198,758 $75,000 $123,758
Source: Public Records

Map

North Carolina Wake County Raleigh 27606

1406 Varsity Dr, Raleigh, NC

Not Listed for Sale

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