NOT LISTED FOR SALE

2521 Farlow Gap Ln Raleigh, NC 27603

South Raleigh Neighborhood

Estimated Value: $401,000 - $417,000

3 Beds
3 Baths
1,504 Sq Ft
$271/Sq Ft Est. Value

About This Home

This home is located at 2521 Farlow Gap Ln, Raleigh, NC 27603 and is currently estimated at $407,657, approximately $271 per square foot. 2521 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
Jun 22, 2023
Sold by
Matthews Joseph N and Matthews Margaret
Bought by
Matthews Joseph N
Current Estimated Value
$408,751

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Outstanding Balance
$221,859
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$185,798

Purchase Details

Closed on
May 30, 2006
Sold by
Vick John C and Vick Virginia E
Bought by
Matthews Joseph N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$26,240
Interest Rate
6.12%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 6, 1999
Sold by
Murdock & Gannon Construction Inc
Bought by
Vick John U and Vick John Christopher

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,050
Interest Rate
6.75%
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
Matthews Joseph N -- None Listed On Document
Matthews Joseph N $175,000 None Available
Vick John U $139,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Matthews Joseph N $228,000
Previous Owner Matthews Joseph N $26,240
Previous Owner Matthews Joseph N $139,960
Previous Owner Vick John U $111,050
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 $3,475 $396,225 $160,000 $236,225
2024 $3,461 $396,225 $160,000 $236,225
2023 $2,817 $256,564 $60,000 $196,564
2022 $2,618 $256,564 $60,000 $196,564
2021 $2,516 $256,564 $60,000 $196,564
2020 $2,471 $256,564 $60,000 $196,564
2019 $2,185 $186,807 $54,000 $132,807
2018 $2,061 $186,807 $54,000 $132,807
2017 $1,963 $186,807 $54,000 $132,807
2016 $1,923 $186,807 $54,000 $132,807
2015 $1,890 $180,593 $48,000 $132,593
2014 $1,793 $180,593 $48,000 $132,593
Source: Public Records

Map

North Carolina Wake County Raleigh 27603 South Raleigh

2521 Farlow Gap Ln, Raleigh, NC

This home is located at 2521 Farlow Gap Ln, Raleigh, NC 27603 and is currently estimated at $407,657, approximately $271 per square foot. 2521 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.

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