2400 Finley Ridge Ln Raleigh, NC 27615
Durant NeighborhoodEstimated Value: $580,000 - $606,000
4
Beds
3
Baths
2,601
Sq Ft
$228/Sq Ft
Est. Value
About This Home
This home is located at 2400 Finley Ridge Ln, Raleigh, NC 27615 and is currently estimated at $592,817, approximately $227 per square foot. 2400 Finley Ridge Ln is a home located in Wake County with nearby schools including Durant Road Elementary, Durant Road Middle, and Millbrook High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jan 20, 2020
Sold by
Mormann Mark E
Bought by
Mormann Ravonda R
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
$139,000
Outstanding Balance
$123,048
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$469,769
Purchase Details
Closed on
May 14, 1999
Sold by
Doolan Edward F
Bought by
Mormann Mark E and Mormann Ravonda R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$173,600
Interest Rate
6.5%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Mormann Ravonda R | -- | None Available | |
| Mormann Mark E | $217,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Mormann Ravonda R | $139,000 | |
| Closed | Mormann Mark E | $173,600 |
Source: Public Records
Tax History Compared to Growth
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 | $4,930 | $562,974 | $120,000 | $442,974 |
| 2024 | $4,909 | $562,974 | $120,000 | $442,974 |
| 2023 | $3,914 | $357,249 | $73,000 | $284,249 |
| 2022 | $3,637 | $357,249 | $73,000 | $284,249 |
| 2021 | $3,496 | $357,249 | $73,000 | $284,249 |
| 2020 | $3,432 | $357,249 | $73,000 | $284,249 |
| 2019 | $3,248 | $278,506 | $73,000 | $205,506 |
| 2018 | $3,063 | $278,506 | $73,000 | $205,506 |
| 2017 | $2,917 | $278,506 | $73,000 | $205,506 |
| 2016 | $2,857 | $278,506 | $73,000 | $205,506 |
| 2015 | $2,877 | $275,873 | $68,000 | $207,873 |
| 2014 | $2,729 | $275,873 | $68,000 | $207,873 |
Source: Public Records
Map
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