NOT LISTED FOR SALE

Estimated Value: $1,374,000 - $1,660,000

4 Beds
3 Baths
3,606 Sq Ft
$417/Sq Ft Est. Value

About This Home

This home is located at 2416 E Lake Dr, Raleigh, NC 27609 and is currently estimated at $1,504,031, approximately $417 per square foot. 2416 E 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
Feb 11, 2013
Sold by
Griffin Sarah Grainger and Chavez Sarah Grainger
Bought by
Linden Mathias G and Linden Sarah W
Current Estimated Value
$1,504,031

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,000
Interest Rate
3.4%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 20, 2009
Sold by
Archie Joseph P and Archie Sarah Ellen White
Bought by
Archie Joseph Patrick and Joseph Patrick Archie Jr Revocable Trust

Purchase Details

Closed on
May 30, 2003
Sold by
Crockett Kenneth R and Crockett Melanie M
Bought by
Chavez Sarah Grainger and Archie Joseph P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$306,250
Interest Rate
5.79%
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
Linden Mathias G $60,000 None Available
Archie Joseph Patrick -- None Available
Chavez Sarah Grainger $612,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Linden Mathias Gordon $364,000
Closed Linden Mathias G $93,000
Closed Linden Mathias G $417,000
Previous Owner Chavez Sarah Grainger $306,250
Previous Owner Crockett Kenneth R $536,000
Previous Owner Crockett Kenneth R $100,000
Previous Owner Crockett Kenneth R $227,150
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 $10,020 $1,146,705 $617,500 $529,205
2024 $9,979 $1,146,705 $617,500 $529,205
2023 $9,425 $862,801 $460,000 $402,801
2022 $8,756 $862,801 $460,000 $402,801
2021 $8,415 $862,801 $460,000 $402,801
2020 $8,261 $862,801 $460,000 $402,801
2019 $8,578 $738,501 $350,000 $388,501
2018 $8,089 $670,674 $350,000 $320,674
2017 $6,997 $670,674 $350,000 $320,674
2016 $6,853 $670,674 $350,000 $320,674
2015 $7,478 $720,260 $348,840 $371,420
2014 $7,092 $720,260 $348,840 $371,420
Source: Public Records

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