NOT LISTED FOR SALE

2409 Farlow Gap Ln Raleigh, NC 27603

South Raleigh Neighborhood

Estimated Value: $398,230 - $425,000

-- Bed
3 Baths
1,566 Sq Ft
$265/Sq Ft Est. Value

About This Home

This home is located at 2409 Farlow Gap Ln, Raleigh, NC 27603 and is currently estimated at $415,308, approximately $265 per square foot. 2409 Farlow Gap Ln is a home located in Wake County with nearby schools including Dillard Drive Magnet Elementary School, Dillard Drive Magnet Middle School, and Longleaf School Of The Arts.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 22, 2021
Sold by
Lamba Manish Kumar and Lamba Kimeerley Shannon
Bought by
Lamba Manish Kumar and Lamba Kimberley Shannon
Current Estimated Value
$413,552

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Outstanding Balance
$156,875
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$258,433

Purchase Details

Closed on
Sep 30, 2013
Sold by
Scott Randall C and Scott Heather
Bought by
Lamba Manish Kumar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,950
Interest Rate
4.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 2, 2002
Sold by
Philips Fredric R and Philips Brenda B
Bought by
Scott Randall C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,400
Interest Rate
6.27%

Purchase Details

Closed on
Sep 30, 1999
Sold by
Horizon Homes Inc
Bought by
Philips Fredric R and Philips Brenda B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,000
Interest Rate
6.5%
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Lamba Manish Kumar -- None Available
Lamba Manish Kumar $185,000 None Available
Scott Randall C $153,000 --
Philips Fredric R $147,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lamba Manish Kumar $175,000
Closed Lamba Manish Kumar $147,950
Previous Owner Scott Randall C $124,400
Previous Owner Philips Fredric R $116,000
Closed Scott Randall C $31,100
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 $3,619 $412,710 $160,000 $252,710
2024 $3,604 $412,710 $160,000 $252,710
2023 $2,912 $265,283 $60,000 $205,283
2022 $2,706 $265,283 $60,000 $205,283
2021 $2,601 $265,283 $60,000 $205,283
2020 $2,554 $265,283 $60,000 $205,283
2019 $2,255 $192,816 $54,000 $138,816
2018 $2,127 $192,816 $54,000 $138,816
2017 $2,026 $192,816 $54,000 $138,816
2016 $1,984 $192,816 $54,000 $138,816
2015 $1,952 $186,554 $48,000 $138,554
2014 $1,852 $186,554 $48,000 $138,554
Source: Public Records

Map

North Carolina Wake County Raleigh 27603 South Raleigh

2409 Farlow Gap Ln, Raleigh, NC

This home is located at 2409 Farlow Gap Ln, Raleigh, NC 27603 and is currently estimated at $415,308, approximately $265 per square foot. 2409 Farlow Gap Ln is a home located in Wake County with nearby schools including Dillard Drive Magnet Elementary School, Dillard Drive Magnet Middle School, and Longleaf School Of The Arts.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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