NOT LISTED FOR SALE

2864 Orchard Trace Way Raleigh, NC 27610

Estimated Value: $383,000 - $405,000

4 Beds
3 Baths
3,010 Sq Ft
$131/Sq Ft Est. Value

About This Home

This home is located at 2864 Orchard Trace Way, Raleigh, NC 27610 and is currently estimated at $394,967, approximately $131 per square foot. 2864 Orchard Trace Way is a home located in Wake County with nearby schools including Walnut Creek Elementary School, West Lake Middle, and Southeast Raleigh Magnet High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 19, 2018
Sold by
Shearin Temekia Sherrell and Cyrus Robert Antonio
Bought by
Wei Shaw John and Ravinchander Aparna
Current Estimated Value
$394,967

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,625
Outstanding Balance
$147,872
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$247,095

Purchase Details

Closed on
Jan 8, 2018
Sold by
Shearin Temekia Sherrell and Jones Temekia Shearin
Bought by
Shearin Temekia Sherrell and Cyrus Robert Antonio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,000
Interest Rate
4.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 17, 2014
Sold by
Us Bank Na
Bought by
Jones Temekia Shearin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,600
Interest Rate
4.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Feb 3, 2014
Sold by
Gray Quantella D
Bought by
U S Bank Na

Purchase Details

Closed on
Sep 19, 2012
Sold by
Dutchman Creek Homeowners Association In
Bought by
Gray Quantella D

Purchase Details

Closed on
Apr 4, 2012
Sold by
Gray Quantella D
Bought by
Dutchman Creek Homeowners Association In

Purchase Details

Closed on
Dec 27, 2005
Sold by
Beazer Homes Corp
Bought by
Gray Quantella D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,750
Interest Rate
5.62%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jul 8, 2005
Sold by
Dutchman Subdivision Inc
Bought by
Beazer Homes Corp
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
Wei Shaw John $228,000 None Available
Shearin Temekia Sherrell -- None Available
Jones Temekia Shearin $168,000 None Available
U S Bank Na $201,070 None Available
Gray Quantella D -- None Available
Dutchman Creek Homeowners Association In $1,950 None Available
Gray Quantella D $183,500 None Available
Beazer Homes Corp $240,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wei Shaw John $170,625
Previous Owner Shearin Temekia Sherrell $198,000
Previous Owner Jones Temekia Shearin $159,600
Previous Owner Gray Quantella D $146,750
Previous Owner Gray Quantella D $27,500
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 $3,667 $418,184 $65,000 $353,184
2024 $3,652 $418,184 $65,000 $353,184
2023 $2,618 $238,345 $34,000 $204,345
2022 $2,433 $238,345 $34,000 $204,345
2021 $2,339 $238,345 $34,000 $204,345
2020 $2,297 $238,345 $34,000 $204,345
2019 $2,274 $194,511 $28,000 $166,511
2018 $0 $194,511 $28,000 $166,511
2017 $2,044 $194,511 $28,000 $166,511
2016 $2,002 $194,511 $28,000 $166,511
2015 $2,193 $209,853 $33,000 $176,853
2014 $2,080 $209,853 $33,000 $176,853
Source: Public Records

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