NOT LISTED FOR SALE

2616 Alder Ridge Ln Raleigh, NC 27603

Trailwood Hills Neighborhood

Estimated Value: $418,000 - $490,918

4 Beds
3 Baths
2,089 Sq Ft
$222/Sq Ft Est. Value

About This Home

This home is located at 2616 Alder Ridge Ln, Raleigh, NC 27603 and is currently estimated at $463,230, approximately $221 per square foot. 2616 Alder Ridge 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
Apr 27, 2017
Sold by
Elshafi Motaz and Morales Maria A
Bought by
Salahat Alaa A and Salahat Reem M
Current Estimated Value
$463,230

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Outstanding Balance
$190,306
Interest Rate
4.3%
Mortgage Type
New Conventional
Estimated Equity
$295,441

Purchase Details

Closed on
Aug 31, 2006
Sold by
Devon Bank
Bought by
El Shafi Motaz and Morales Maria A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$258,719
Interest Rate
6.32%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 12, 2006
Sold by
Yu Hongwu and Shen Honglue
Bought by
Devon Bank

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$258,719
Interest Rate
6.32%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 30, 2002
Sold by
Horizon Homes Inc
Bought by
Yu Hongwu and Shen Honghie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,000
Interest Rate
5.25%

Purchase Details

Closed on
Jan 11, 2002
Sold by
Lineberry Associates Lp
Bought by
Horizon Homes Inc
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
Salahat Alaa A $250,000 None Available
El Shafi Motaz -- None Available
Devon Bank $207,500 None Available
Yu Hongwu $169,000 --
Horizon Homes Inc $103,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Salahat Alaa A $225,000
Previous Owner El Shafi Motaz $258,719
Previous Owner Yu Hongwu $110,000
Previous Owner Yu Hongwu $118,000
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 $4,111 $470,986 $160,000 $310,986
2023 $3,389 $309,105 $60,000 $249,105
2022 $3,150 $309,105 $60,000 $249,105
2021 $3,028 $309,105 $60,000 $249,105
2020 $2,973 $309,105 $60,000 $249,105
2019 $2,578 $220,684 $54,000 $166,684
2018 $2,431 $220,684 $54,000 $166,684
2017 $2,316 $220,684 $54,000 $166,684
2016 $2,268 $220,684 $54,000 $166,684
2015 -- $214,199 $48,000 $166,199
2014 $2,123 $214,199 $48,000 $166,199
Source: Public Records

Map

North Carolina Wake County Raleigh 27603 Trailwood Hills

2616 Alder Ridge Ln, Raleigh, NC

This home is located at 2616 Alder Ridge Ln, Raleigh, NC 27603 and is currently estimated at $463,230, approximately $221 per square foot. 2616 Alder Ridge 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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