NOT LISTED FOR SALE

2348 Rainy Lake St Wake Forest, NC 27587

Estimated Value: $471,000 - $502,000

5 Beds
3 Baths
2,378 Sq Ft
$203/Sq Ft Est. Value

About This Home

This home is located at 2348 Rainy Lake St, Wake Forest, NC 27587 and is currently estimated at $481,781, approximately $202 per square foot. 2348 Rainy Lake St is a home located in Wake County with nearby schools including Harris Creek Elementary School, Rolesville Middle School, and Heritage High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 18, 2017
Sold by
Arkin Scott and Arkin Cristina
Bought by
Ostipow Steven John and Ostipow Jacqueline Elaine
Current Estimated Value
$481,781

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,685
Outstanding Balance
$162,054
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$319,727

Purchase Details

Closed on
Jun 24, 2015
Sold by
Danese Donna M
Bought by
Arkin Scott and Arkin Cristina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,950
Interest Rate
3.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 17, 2007
Sold by
Mccar Homes Raleigh Llc
Bought by
Danese Donna M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$257,035
Interest Rate
6.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 11, 2007
Sold by
Stonegate Partners Llc
Bought by
Mccar Homes Raleigh Llc
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
Ostipow Steven John $295,000 None Available
Arkin Scott $250,000 North American Title Ins Co
Danese Donna M $257,500 None Available
Mccar Homes Raleigh Llc $448,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ostipow Steven John $191,685
Previous Owner Arkin Scott $199,950
Previous Owner Danese Donna M $257,035
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 $3,991 $412,431 $105,000 $307,431
2023 $3,749 $320,901 $69,000 $251,901
2022 $3,596 $320,901 $69,000 $251,901
2021 $3,534 $320,901 $69,000 $251,901
2020 $3,534 $320,901 $69,000 $251,901
2019 $3,084 $246,984 $56,000 $190,984
2018 $2,921 $246,984 $56,000 $190,984
2017 $2,823 $246,984 $56,000 $190,984
2016 $2,787 $237,547 $56,000 $181,547
2015 $2,809 $245,865 $55,000 $190,865
2014 $2,720 $245,865 $55,000 $190,865
Source: Public Records

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