NOT LISTED FOR SALE

Estimated Value: $2,011,134 - $2,622,000

4 Beds
6 Baths
5,280 Sq Ft
$440/Sq Ft Est. Value

About This Home

This home is located at 2400 Lake Dr, Raleigh, NC 27609 and is currently estimated at $2,323,711, approximately $440 per square foot. 2400 Lake Dr is a home located in Wake County with nearby schools including Root Elementary School, Oberlin Middle School, and Broughton Magnet High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 8, 2020
Sold by
Hodge Joe L and Hodge Anna Ball
Bought by
Hodge Joseph Lawrence and Hodge Anna Ball
Current Estimated Value
$2,323,711

Purchase Details

Closed on
Nov 14, 2006
Sold by
Raleigh Land Co Llc
Bought by
Hodge Joe L and Hodge Anna Ball

Purchase Details

Closed on
Aug 2, 2005
Sold by
Hicks Nancy Worrell and Hicks Isham Faison
Bought by
Raleigh Land Co Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$960,000
Interest Rate
5.51%
Mortgage Type
Purchase Money Mortgage
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
Hodge Joseph Lawrence -- None Available
Hodge Joe L $1,555,500 None Available
Raleigh Land Co Llc $320,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hodge Joe L $1,074,000
Closed Hodge Joe L $100,000
Closed Hodge Joe L $1,200,000
Previous Owner Raleigh Land Co Llc $960,000
Previous Owner Hicks Nancy Worrell $127,500
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 $14,929 $1,709,545 $658,750 $1,050,795
2024 $14,867 $1,709,545 $658,750 $1,050,795
2023 $14,428 $1,321,812 $475,000 $846,812
2022 $13,403 $1,321,812 $475,000 $846,812
2021 $12,881 $1,321,812 $475,000 $846,812
2020 $12,646 $1,321,812 $475,000 $846,812
2019 $17,080 $1,472,102 $380,000 $1,092,102
2018 $16,104 $1,472,102 $380,000 $1,092,102
2017 $15,334 $1,472,102 $380,000 $1,092,102
2016 $15,018 $1,472,102 $380,000 $1,092,102
2015 $15,371 $1,482,430 $368,000 $1,114,430
2014 $14,575 $1,482,430 $368,000 $1,114,430
Source: Public Records

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