NOT LISTED FOR SALE

Estimated Value: $2,333,418 - $2,632,000

6 Beds
9 Baths
7,196 Sq Ft
$343/Sq Ft Est. Value

About This Home

This home is located at 1908 Ridge Rd, Raleigh, NC 27607 and is currently estimated at $2,467,855, approximately $342 per square foot. 1908 Ridge Rd 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
Jan 13, 2021
Sold by
Shearin Nikki
Bought by
Hobbs Thomas Carroll
Current Estimated Value
$2,467,855

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Outstanding Balance
$901,360
Interest Rate
2.62%
Mortgage Type
New Conventional
Estimated Equity
$1,598,443

Purchase Details

Closed on
Jun 15, 2010
Sold by
Chhabra Shahn and Chhabra Nikki S
Bought by
Chhabra Shahn S and Chhabra Nikki S

Purchase Details

Closed on
Aug 19, 2005
Sold by
Albright Builders Inc
Bought by
Chhabra Shahn and Chhabra Gurbachan

Purchase Details

Closed on
Feb 27, 2003
Sold by
Duncan Sarah Stevens and Duncan Virgil D
Bought by
Albright Builders Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$295,000
Interest Rate
5.95%
Mortgage Type
Construction

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
Hobbs Thomas Carroll $1,504,000 None Available
Chhabra Shahn S -- None Available
Chhabra Shahn $360,000 None Available
Albright Builders Inc $335,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hobbs Thomas Carroll $1,000,000
Previous Owner Chhabra Shahn S $1,000,000
Previous Owner Chhabra Shahn S $1,588,000
Previous Owner Albright Builders Inc $295,000
Previous Owner Duncan Virgil D $17,000
Previous Owner Duncan Virgil D $255,000
Previous Owner Duncan Virgil D $195,000
Previous Owner Duncan Virgil D $125,000
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 $20,265 $2,331,079 $658,750 $1,672,329
2023 $15,076 $1,381,302 $340,000 $1,041,302
2022 $14,006 $1,381,302 $340,000 $1,041,302
2021 $13,460 $1,381,302 $340,000 $1,041,302
2020 $13,214 $1,381,302 $340,000 $1,041,302
2019 $16,827 $1,450,244 $297,500 $1,152,744
2018 $15,865 $1,450,244 $297,500 $1,152,744
2017 $15,107 $1,450,244 $297,500 $1,152,744
2016 $14,795 $1,450,244 $297,500 $1,152,744
2015 $14,841 $1,431,254 $413,100 $1,018,154
2014 $14,072 $1,431,254 $413,100 $1,018,154
Source: Public Records

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