NOT LISTED FOR SALE

1514 Lutz Ave Raleigh, NC 27607

Glenwood Neighborhood

Estimated Value: $1,020,000 - $1,328,000

-- Bed
3 Baths
2,337 Sq Ft
$485/Sq Ft Est. Value

About This Home

This home is located at 1514 Lutz Ave, Raleigh, NC 27607 and is currently estimated at $1,132,792, approximately $484 per square foot. 1514 Lutz Ave is a home located in Wake County with nearby schools including Lacy Elementary, Leroy Martin Magnet, and Broughton Magnet High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 3, 2021
Sold by
Powers Frank P and Powers Nancy B
Bought by
Powers Nancy B
Current Estimated Value
$1,136,774

Purchase Details

Closed on
Oct 29, 2001
Sold by
Sca North Carolina Ltd Partnership
Bought by
Bes Crabtree Fund I Llc and Bes Crabtree Fund Ii Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$12,600,000
Interest Rate
6.74%

Purchase Details

Closed on
Feb 9, 1998
Sold by
Heck Henry Darcy
Bought by
Powers Frank P and Powers Nancy B
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
Powers Nancy B -- None Available
Bes Crabtree Fund I Llc $160,000 --
Powers Frank P $350,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Powers Frank $150,000
Closed Powers Frank P $25,000
Closed Powers Frank $100,000
Closed Bes Crabtree Fund I Llc $12,600,000
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 $8,834 $1,014,835 $828,000 $186,835
2023 $7,393 $676,441 $491,625 $184,816
2022 $6,869 $676,441 $491,625 $184,816
2021 $6,602 $676,441 $491,625 $184,816
2020 $6,481 $676,441 $491,625 $184,816
2019 $7,030 $604,862 $362,250 $242,612
2018 $6,629 $604,862 $362,250 $242,612
2017 $6,312 $604,862 $362,250 $242,612
2016 $6,182 $604,862 $362,250 $242,612
2015 $6,333 $609,633 $368,550 $241,083
2014 $6,005 $609,633 $368,550 $241,083
Source: Public Records

Map

North Carolina Wake County Raleigh 27607 Glenwood

1514 Lutz Ave, Raleigh, NC

This home is located at 1514 Lutz Ave, Raleigh, NC 27607 and is currently estimated at $1,132,792, approximately $484 per square foot. 1514 Lutz Ave is a home located in Wake County with nearby schools including Lacy Elementary, Leroy Martin Magnet, and Broughton Magnet High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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