NOT LISTED FOR SALE

Estimated Value: $1,170,000 - $1,335,000

4 Beds
4 Baths
3,396 Sq Ft
$373/Sq Ft Est. Value

About This Home

This home is located at 2408 Ridge Rd, Raleigh, NC 27612 and is currently estimated at $1,267,804, approximately $373 per square foot. 2408 Ridge Rd is a home located in Wake County with nearby schools including Lacy Elementary, Oberlin Middle School, and Broughton Magnet High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 18, 2018
Sold by
Berry Timothy B and Berry Linda B
Bought by
Patterson Kyle M and Patterson Kathryn O
Current Estimated Value
$1,267,804

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$656,900
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 2, 2003
Sold by
Hill James A and Hill Harriet T
Bought by
Berry Timothy B and Berry Linda B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$416,000
Interest Rate
3.12%
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
Patterson Kyle M $821,000 None Available
Berry Timothy B $520,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patterson Kyle M $510,400
Closed Patterson Kyle M $0
Closed Patterson Kyle M $656,900
Previous Owner Berry Timothy B $500,000
Previous Owner Berry Timothy B $200,000
Previous Owner Berry Timothy B $464,000
Previous Owner Berry Timothy B $50,000
Previous Owner Berry Timothy B $416,000
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 $10,157 $1,167,221 $693,000 $474,221
2023 $9,577 $876,800 $418,000 $458,800
2022 $8,898 $876,800 $418,000 $458,800
2021 $8,551 $876,800 $418,000 $458,800
2020 $8,395 $876,800 $418,000 $458,800
2019 $8,750 $753,286 $297,000 $456,286
2018 $8,250 $753,286 $297,000 $456,286
2017 $7,856 $753,286 $297,000 $456,286
2016 $7,694 $753,286 $297,000 $456,286
2015 $7,827 $753,936 $306,638 $447,298
2014 $7,422 $753,936 $306,638 $447,298
Source: Public Records

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