2305 Ridge Rd Raleigh, NC 27612
Inner Beltline West NeighborhoodEstimated Value: $1,494,000 - $1,685,513
5
Beds
5
Baths
3,981
Sq Ft
$397/Sq Ft
Est. Value
About This Home
This home is located at 2305 Ridge Rd, Raleigh, NC 27612 and is currently estimated at $1,578,878, approximately $396 per square foot. 2305 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
Jun 30, 2021
Sold by
Iyer Purushothaman and Iyer Chitra
Bought by
Roberts Graham L and Roberts Rachel V
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$548,250
Outstanding Balance
$495,290
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$1,083,588
Purchase Details
Closed on
Sep 12, 2003
Sold by
Mendenhall Walter Guy and Mendenhall Mary Esther
Bought by
Iyer Purushothaman and Iyer Chitra
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$294,500
Interest Rate
3.5%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jul 18, 2003
Sold by
Smith Martha Mendenhall and Mendenhall Walter Guy
Bought by
Smith Martha Mendenhall and Mendenhall Walter Guy
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$294,500
Interest Rate
3.5%
Mortgage Type
Purchase Money Mortgage
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Roberts Graham L | $1,140,000 | None Available | |
| Iyer Purushothaman | $310,000 | -- | |
| Smith Martha Mendenhall | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Roberts Graham L | $548,250 | |
| Closed | Roberts Graham L | $250,000 | |
| Previous Owner | Iyer Purushothaman | $294,500 |
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 | $12,987 | $1,486,899 | $617,500 | $869,399 |
| 2024 | $12,934 | $1,486,899 | $617,500 | $869,399 |
| 2023 | $14,505 | $1,346,702 | $380,000 | $966,702 |
| 2022 | $13,412 | $1,322,621 | $380,000 | $942,621 |
| 2021 | $12,889 | $1,322,621 | $380,000 | $942,621 |
| 2020 | $5,972 | $1,322,621 | $380,000 | $942,621 |
| 2019 | $10,265 | $884,062 | $225,000 | $659,062 |
| 2018 | $9,679 | $884,062 | $225,000 | $659,062 |
| 2017 | $9,217 | $884,062 | $225,000 | $659,062 |
| 2016 | $9,027 | $884,062 | $225,000 | $659,062 |
| 2015 | $9,020 | $869,102 | $356,310 | $512,792 |
| 2014 | $8,553 | $869,102 | $356,310 | $512,792 |
Source: Public Records
Map
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