NOT LISTED FOR SALE

1603 Sunrise Ave Raleigh, NC 27608

Five Points East Neighborhood

Estimated Value: $745,000 - $1,284,000

2 Beds
2 Baths
1,006 Sq Ft
$1,029/Sq Ft Est. Value

About This Home

This home is located at 1603 Sunrise Ave, Raleigh, NC 27608 and is currently estimated at $1,035,474, approximately $1,029 per square foot. 1603 Sunrise Ave 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 26, 2022
Sold by
Revolution Homes Llc
Bought by
Louis Michael W and Louis Kathleen S
Current Estimated Value
$1,035,474

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$796,560
Outstanding Balance
$756,120
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$279,354

Purchase Details

Closed on
Jun 8, 2020
Sold by
Preyer Marc Adam
Bought by
Revolution Homes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,000
Interest Rate
3.21%
Mortgage Type
FHA

Purchase Details

Closed on
May 14, 2007
Sold by
Johnson Kevin Warren
Bought by
Preyer Marc Adam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,300
Interest Rate
5.81%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Aug 24, 1999
Sold by
Pace John Alexander
Bought by
Austin Steven Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$47,000
Interest Rate
7.65%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 30, 1998
Sold by
Siller Sammie Teague and Sumner Kevin Randolph
Bought by
Pace John Alexander

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,906
Interest Rate
7.1%
Mortgage Type
FHA
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
Louis Michael W $1,908 Weathers W Samuel
Louis Michael W $1,908 None Listed On Document
Revolution Homes Llc $350,000 None Available
Preyer Marc Adam $267,000 None Available
Austin Steven Lee $155,000 --
Pace John Alexander $114,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Louis Michael W $796,560
Closed Louis Michael W $796,560
Previous Owner Revolution Homes Llc $10,000
Previous Owner Revolution Homes Llc $262,500
Previous Owner Preyer Marc Adam $53,300
Previous Owner Preyer Marc Adam $213,200
Previous Owner Austin Steven Lee $47,000
Previous Owner Pace John Alexander $113,906
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 $9,998 $1,144,084 $530,000 $614,084
2024 $9,956 $1,144,084 $530,000 $614,084
2023 $8,079 $739,358 $320,000 $419,358
2022 $5,342 $527,600 $320,000 $207,600
2021 $3,114 $320,000 $320,000 $0
2020 $3,537 $368,228 $320,000 $48,228
2019 $3,321 $284,857 $220,000 $64,857
2018 $3,132 $284,857 $220,000 $64,857
2017 $2,983 $284,857 $220,000 $64,857
2016 $2,922 $284,857 $220,000 $64,857
2015 $3,010 $288,754 $201,600 $87,154
2014 $2,855 $288,754 $201,600 $87,154
Source: Public Records

Map

North Carolina Wake County Raleigh 27608 Five Points East

1603 Sunrise Ave, Raleigh, NC

This home is located at 1603 Sunrise Ave, Raleigh, NC 27608 and is currently estimated at $1,035,474, approximately $1,029 per square foot. 1603 Sunrise Ave is a home located in Wake County with nearby schools including Underwood Magnet Elementary School, Oberlin Middle School, 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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