NOT LISTED FOR SALE

2705 Lochmore Dr Raleigh, NC 27608

Fallon Park Neighborhood

Estimated Value: $1,098,000 - $1,596,939

3 Beds
2 Baths
1,626 Sq Ft
$885/Sq Ft Est. Value

About This Home

This home is located at 2705 Lochmore Dr, Raleigh, NC 27608 and is currently estimated at $1,439,485, approximately $885 per square foot. 2705 Lochmore Dr is a home located in Wake County with nearby schools including Joyner Elementary School, Oberlin Middle School, and Broughton Magnet High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 22, 2002
Sold by
Wolfe Bryan D
Bought by
Merriman John Milton and Merriman Amy Tomlin
Current Estimated Value
$1,439,485

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Outstanding Balance
$117,376
Interest Rate
5.5%
Estimated Equity
$1,322,109
Source: Public Records

Range of Values:

Collateral Analytics

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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
Merriman John Milton $340,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Merriman John Milton $300,000
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
2025 $11,699 $1,339,195 $630,000 $709,195
2024 $11,651 $1,339,195 $630,000 $709,195
2023 $9,716 $889,511 $346,500 $543,011
2022 $9,026 $889,511 $346,500 $543,011
2021 $8,675 $889,511 $346,500 $543,011
2020 $8,517 $889,511 $346,500 $543,011
2019 $9,895 $852,058 $283,500 $568,558
2018 $9,330 $852,058 $283,500 $568,558
2017 $8,884 $852,058 $283,500 $568,558
2016 $8,701 $821,971 $283,500 $538,471
2015 $8,452 $814,281 $380,800 $433,481
2014 $8,015 $814,281 $380,800 $433,481
Source: Public Records

Map

North Carolina Wake County Raleigh 27608 Fallon Park

2705 Lochmore Dr, Raleigh, NC

This home is located at 2705 Lochmore Dr, Raleigh, NC 27608 and is currently estimated at $1,439,485, approximately $885 per square foot. 2705 Lochmore Dr is a home located in Wake County with nearby schools including Joyner Elementary School, Oberlin Middle School, and Broughton Magnet High School.

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