NOT LISTED FOR SALE

1601 Banks View Dr Raleigh, NC 27603

Estimated Value: $848,000 - $890,000

-- Bed
1 Bath
4,081 Sq Ft
$213/Sq Ft Est. Value

About This Home

This home is located at 1601 Banks View Dr, Raleigh, NC 27603 and is currently estimated at $867,527, approximately $212 per square foot. 1601 Banks View Dr is a home with nearby schools including Banks Road Elementary School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 31, 2022
Sold by
Hhhunt Homes Raleigh-Durham Llc
Bought by
Babbitt Alex and Babbitt Sara Fitzhenry
Current Estimated Value
$867,527

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Outstanding Balance
$622,414
Interest Rate
5.54%
Mortgage Type
New Conventional
Estimated Equity
$245,113

Purchase Details

Closed on
Feb 25, 2022
Sold by
Hhhunt Banks Pointe Llc
Bought by
Hhhunt Homes Raleigh-Durham Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000,000
Interest Rate
3.55%
Mortgage Type
Credit Line Revolving
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
Babbitt Alex $794,500 --
Hhhunt Homes Raleigh-Durham Llc $504,000 Nexsen Pruet Pllc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Babbitt Alex $650,000
Previous Owner Hhhunt Homes Raleigh-Durham Llc $30,000,000
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
2025 $5,300 $825,443 $161,000 $664,443
2024 $5,146 $825,443 $161,000 $664,443
2023 $4,199 $535,980 $90,000 $445,980
2022 $650 $90,000 $90,000 $0
2021 $0 $90,000 $90,000 $0
Source: Public Records

Map

North Carolina Wake County Raleigh 27603

1601 Banks View Dr, Raleigh, NC

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