1511 Cherokee Dr Raleigh, NC 27608
Five Points NeighborhoodEstimated Value: $656,000 - $763,780
3
Beds
2
Baths
1,026
Sq Ft
$684/Sq Ft
Est. Value
About This Home
This home is located at 1511 Cherokee Dr, Raleigh, NC 27608 and is currently estimated at $702,195, approximately $684 per square foot. 1511 Cherokee Dr is a home located in Wake County with nearby schools including Underwood Magnet Elementary School, Oberlin Middle School, and Broughton Magnet High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Feb 22, 2021
Sold by
Mehr Ian S and Mehr Donna C
Bought by
Williams Laurel
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$472,500
Outstanding Balance
$422,599
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$279,596
Purchase Details
Closed on
Nov 12, 1999
Sold by
Ochman Ewa M
Bought by
Mehr Ian J and Mehr Donna C
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Williams Laurel | $525,000 | None Available | |
| Mehr Ian J | $180,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Williams Laurel | $472,500 |
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 | $5,713 | $652,758 | $503,500 | $149,258 |
| 2024 | $5,689 | $652,758 | $503,500 | $149,258 |
| 2023 | $5,431 | $496,396 | $320,000 | $176,396 |
| 2022 | $5,046 | $496,396 | $320,000 | $176,396 |
| 2021 | $4,850 | $496,396 | $320,000 | $176,396 |
| 2020 | $4,762 | $496,396 | $320,000 | $176,396 |
| 2019 | $4,479 | $384,799 | $210,000 | $174,799 |
| 2018 | $4,224 | $384,799 | $210,000 | $174,799 |
| 2017 | $4,023 | $384,799 | $210,000 | $174,799 |
| 2016 | $3,940 | $384,799 | $210,000 | $174,799 |
| 2015 | $4,033 | $387,579 | $229,140 | $158,439 |
| 2014 | $3,825 | $387,579 | $229,140 | $158,439 |
Source: Public Records
Map
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