NOT LISTED FOR SALE

301 Brooks Ave Raleigh, NC 27607

University Park Neighborhood

Estimated Value: $1,047,000 - $1,305,000

4 Beds
4 Baths
3,984 Sq Ft
$302/Sq Ft Est. Value

About This Home

This home is located at 301 Brooks Ave, Raleigh, NC 27607 and is currently estimated at $1,201,912, approximately $301 per square foot. 301 Brooks Ave is a home located in Wake County with nearby schools including Olds Elementary School, Leroy Martin Magnet, and Broughton Magnet High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 11, 2025
Sold by
Mkb Trust and Ekb Trust
Bought by
Thompson Margrette and Nix Horace E
Current Estimated Value
$1,201,912

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,036,000
Outstanding Balance
$1,030,779
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$171,133

Purchase Details

Closed on
Jun 15, 2016
Sold by
Fox Creek Investments Llc
Bought by
Mkb Trust

Purchase Details

Closed on
Mar 16, 2015
Sold by
Shimp Stephen M and Shimp Elizabeth M
Bought by
Fox Creek Investments Llc

Purchase Details

Closed on
Aug 22, 2003
Sold by
Johanson Louise J
Bought by
Shimp Stephen M and Shimp Elizabeth M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$268,700
Interest Rate
3.75%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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

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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
Thompson Margrette $1,295,000 None Listed On Document
Thompson Margrette $1,295,000 None Listed On Document
Mkb Trust $690,000 None Available
Fox Creek Investments Llc $400,000 None Available
Shimp Stephen M $336,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thompson Margrette $1,036,000
Closed Thompson Margrette $1,036,000
Previous Owner Shimp Stephen M $268,700
Closed Shimp Stephen M $33,550
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 $8,295 $948,840 $472,500 $476,340
2024 $8,261 $948,840 $472,500 $476,340
2023 $9,688 $886,938 $325,500 $561,438
2022 $9,000 $886,938 $325,500 $561,438
2021 $8,650 $886,938 $325,500 $561,438
2020 $8,492 $886,938 $325,500 $561,438
2019 $9,314 $802,004 $168,300 $633,704
2018 $8,783 $802,004 $168,300 $633,704
2017 $8,363 $802,004 $168,300 $633,704
2016 $8,191 $410,736 $168,300 $242,436
2015 $4,540 $436,460 $198,900 $237,560
2014 $4,305 $436,460 $198,900 $237,560
Source: Public Records

Map

North Carolina Wake County Raleigh 27607 University Park

301 Brooks Ave, Raleigh, NC

Not Listed for Sale

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