NOT LISTED FOR SALE

1608 Barony Lake Way Raleigh, NC 27614

Falls Lake Neighborhood

Estimated Value: $2,350,212 - $2,537,000

5 Beds
9 Baths
9,545 Sq Ft
$258/Sq Ft Est. Value

About This Home

This home is located at 1608 Barony Lake Way, Raleigh, NC 27614 and is currently estimated at $2,461,737, approximately $257 per square foot. 1608 Barony Lake Way is a home located in Wake County with nearby schools including Pleasant Union Elementary School, West Millbrook Middle School, and Millbrook High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 4, 2021
Sold by
Synx Properties Llc
Bought by
Green City Realty Investment Group Llc
Current Estimated Value
$2,461,737

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$7,820,000
Outstanding Balance
$7,121,404
Interest Rate
3%
Mortgage Type
Construction
Estimated Equity
-$4,659,667

Purchase Details

Closed on
Apr 27, 2021
Sold by
Miller Philip C and Miller Thelma G
Bought by
Li Shengjing

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$955,250
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 9, 2020
Sold by
Miller Philip C and Miller Thelma
Bought by
Miller Philip C

Purchase Details

Closed on
Jun 28, 2005
Sold by
Creedmoor Land Llc
Bought by
Phil Miller Construction Co
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

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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
Green City Realty Investment Group Llc $12,500,000 None Available
Li Shengjing $1,685,000 None Available
Li Shengjing $1,685,000 Mu Yuanyue
Miller Philip C -- None Available
Miller Philip C -- None Available
Miller Philip C -- None Listed On Document
Phil Miller Construction Co $325,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Green City Realty Investment Group Llc $7,820,000
Previous Owner Li Shengjing $955,250
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 $11,854 $1,850,227 $594,500 $1,255,727
2024 $11,498 $1,850,227 $594,500 $1,255,727
2023 $12,526 $1,603,975 $370,000 $1,233,975
2022 $11,604 $1,603,975 $370,000 $1,233,975
2021 $11,291 $1,603,975 $370,000 $1,233,975
2020 $11,103 $1,603,975 $370,000 $1,233,975
2019 $15,679 $1,917,306 $528,000 $1,389,306
2018 $14,407 $1,917,306 $528,000 $1,389,306
2017 $13,652 $1,917,306 $528,000 $1,389,306
2016 $13,374 $1,917,306 $528,000 $1,389,306
2015 $15,536 $2,234,070 $370,440 $1,863,630
2014 $14,720 $2,234,070 $370,440 $1,863,630
Source: Public Records

Map

North Carolina Wake County Raleigh 27614 Falls Lake

1608 Barony Lake Way, Raleigh, NC

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