1512 Faison Place Raleigh, NC 27608
Five Points NeighborhoodEstimated Value: $611,000 - $749,000
4
Beds
2
Baths
1,700
Sq Ft
$387/Sq Ft
Est. Value
About This Home
This home is located at 1512 Faison Place, Raleigh, NC 27608 and is currently estimated at $658,011, approximately $387 per square foot. 1512 Faison Place 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
May 2, 2025
Sold by
Thomas Steven M and Thomas Laine E
Bought by
Carrara Deborah A
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
$420,000
Outstanding Balance
$418,143
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
$239,868
Purchase Details
Closed on
Apr 30, 2018
Sold by
Lennon Kenneth R and Kramer Mark A
Bought by
Thomas Steven M and Thomas Laine E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$305,600
Interest Rate
4.44%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 8, 2012
Sold by
Lennon Kenneth R and Kramer Mark A
Bought by
Lennon Kenneth R and Kramer Mark A
Purchase Details
Closed on
Feb 24, 2010
Sold by
Fisher Thomas G and Fisher Susan
Bought by
Larson Kenneth R and Kramer Mark A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
5%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 1, 2007
Sold by
The Estate Of Walter A Holt and Holt Richard Stockton
Bought by
Fisher Thomas G and Fisher Susan
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
6.1%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Oct 7, 2004
Sold by
Stalvey E Wray and Stalvey Signa J
Bought by
Holt Walter A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,000
Interest Rate
5.73%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Oct 28, 2002
Sold by
Stalvey E Wray and Stalvey Signa J
Bought by
Stalvey Signa J
Purchase Details
Closed on
Mar 17, 1999
Sold by
Fuller Patricia F and Fuller Walter C
Bought by
Stalvey E Wray and Stalvey Signa J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,550
Interest Rate
5.25%
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Carrara Deborah A | $600,000 | None Listed On Document | |
| Carrara Deborah A | $600,000 | None Listed On Document | |
| Thomas Steven M | $407,500 | None Available | |
| Lennon Kenneth R | -- | None Available | |
| Larson Kenneth R | $285,000 | None Available | |
| Fisher Thomas G | $285,000 | None Available | |
| Holt Walter A | $248,000 | -- | |
| Stalvey Signa J | -- | -- | |
| Stalvey E Wray | $176,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Carrara Deborah A | $420,000 | |
| Closed | Carrara Deborah A | $420,000 | |
| Previous Owner | Thomas Steven M | $305,600 | |
| Previous Owner | Larson Kenneth R | $140,000 | |
| Previous Owner | Fisher Thomas G | $240,000 | |
| Previous Owner | Holt Walter A | $20,000 | |
| Previous Owner | Stalvey E Wray | $140,550 |
Source: Public Records
Tax History Compared to Growth
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 | $5,488 | $624,686 | $585,000 | $39,686 |
| 2024 | $5,465 | $624,686 | $585,000 | $39,686 |
| 2023 | $4,772 | $434,158 | $332,500 | $101,658 |
| 2022 | $4,436 | $434,158 | $332,500 | $101,658 |
| 2021 | $4,264 | $434,158 | $332,500 | $101,658 |
| 2020 | $4,187 | $434,158 | $332,500 | $101,658 |
| 2019 | $3,600 | $307,157 | $218,500 | $88,657 |
| 2018 | $3,396 | $307,157 | $218,500 | $88,657 |
| 2017 | $3,235 | $307,157 | $218,500 | $88,657 |
| 2016 | $3,169 | $307,157 | $218,500 | $88,657 |
| 2015 | $3,157 | $301,002 | $170,100 | $130,902 |
| 2014 | $2,995 | $301,002 | $170,100 | $130,902 |
Source: Public Records
Map
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