NOT LISTED FOR SALE

1516 1/2 Joe Louis Ave Unit 1/2 Raleigh, NC 27610

Estimated Value: $524,000 - $570,000

3 Beds
3 Baths
1,663 Sq Ft
$325/Sq Ft Est. Value

About This Home

This home is located at 1516 1/2 Joe Louis Ave Unit 1/2, Raleigh, NC 27610 and is currently estimated at $541,108, approximately $325 per square foot. 1516 1/2 Joe Louis Ave Unit 1/2 is a home located in Wake County with nearby schools including Southeast Raleigh Elementary School, Centennial Campus Magnet Middle School, and Southeast Raleigh Magnet High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 24, 2025
Sold by
Johnson Cameron T
Bought by
Essig Jeremy George and Essig Richard Henry
Current Estimated Value
$541,108

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$428,000
Outstanding Balance
$425,881
Interest Rate
7.04%
Mortgage Type
New Conventional
Estimated Equity
$115,227

Purchase Details

Closed on
Nov 10, 2022
Sold by
Isabel Moss Renovation And Design Inc
Bought by
Johnson Cameron T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$514,221
Interest Rate
6.92%
Mortgage Type
Balloon
Source: Public Records

Range of Values:

Collateral Analytics

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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

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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
Essig Jeremy George $535,000 Longleaf Title Insurance
Johnson Cameron T $532,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Essig Jeremy George $428,000
Previous Owner Johnson Cameron T $514,221
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 $4,767 $544,318 $100,000 $444,318
2024 $4,747 $544,318 $100,000 $444,318
2023 $3,878 $353,968 $80,000 $273,968
2022 $865 $85,400 $80,000 $5,400
2021 $0 $80,000 $80,000 $0
Source: Public Records

Map

North Carolina Wake County Raleigh 27610

1516 1/2 Joe Louis Ave Unit 1/2, Raleigh, NC

This home is located at 1516 1/2 Joe Louis Ave Unit 1/2, Raleigh, NC 27610 and is currently estimated at $541,108, approximately $325 per square foot. 1516 1/2 Joe Louis Ave Unit 1/2 is a home located in Wake County with nearby schools including Southeast Raleigh Elementary School, Centennial Campus Magnet Middle School, and Southeast Raleigh 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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