NOT LISTED FOR SALE

1407 Traherne Dr Unit K42 Raleigh, NC 27612

Estimated Value: $342,070 - $388,000

3 Beds
3 Baths
1,698 Sq Ft
$217/Sq Ft Est. Value

About This Home

This home is located at 1407 Traherne Dr Unit K42, Raleigh, NC 27612 and is currently estimated at $369,018, approximately $217 per square foot. 1407 Traherne Dr Unit K42 is a home located in Wake County with nearby schools including Lynn Road Elementary School, Carroll Middle, and Sanderson High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 27, 2020
Sold by
Laura Philip
Bought by
Thompson Richard Wittich and Thompson Jean Simmons
Current Estimated Value
$369,018

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Outstanding Balance
$174,544
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$194,474

Purchase Details

Closed on
Jul 25, 2008
Sold by
Rhyne Joseph B
Bought by
Laura Philip

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Interest Rate
6.27%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 11, 2005
Sold by
Wilson Tammy Sue
Bought by
Rhyne Joseph B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,230
Interest Rate
5.48%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jul 24, 2002
Sold by
Wilson Paul W and Wilson Norma C
Bought by
Wilson Tammy Sue

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,500
Interest Rate
6.62%
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.

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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.

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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.

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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.

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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
Thompson Richard Wittich $260,000 None Available
Laura Philip $185,000 None Available
Rhyne Joseph B $164,000 None Available
Wilson Tammy Sue -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thompson Richard Wittich $195,000
Previous Owner Laura Philip $35,000
Previous Owner Rhyne Joseph B $130,230
Previous Owner Wilson Tammy Sue $94,500
Closed Wilson Tammy Sue $21,500
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 $2,951 $336,048 $85,000 $251,048
2024 $2,939 $336,048 $85,000 $251,048
2023 $2,513 $228,739 $50,000 $178,739
2022 $2,336 $228,739 $50,000 $178,739
2021 $2,246 $228,739 $50,000 $178,739
2020 $2,205 $228,739 $50,000 $178,739
2019 $1,859 $158,689 $38,000 $120,689
2018 $1,754 $158,689 $38,000 $120,689
2017 $0 $158,689 $38,000 $120,689
2016 $1,637 $158,689 $38,000 $120,689
2015 -- $164,530 $38,000 $126,530
2014 -- $164,530 $38,000 $126,530
Source: Public Records

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