NOT LISTED FOR SALE

Estimated Value: $1,125,780 - $1,165,000

5 Beds
4 Baths
4,108 Sq Ft
$281/Sq Ft Est. Value

About This Home

This home is located at 3223 Rain Forest Way, Raleigh, NC 27614 and is currently estimated at $1,152,695, approximately $280 per square foot. 3223 Rain Forest Way is a home located in Wake County with nearby schools including Abbotts Creek Elementary School, Wakefield Middle, and Wakefield High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 7, 2023
Sold by
Troutman Leon L and Troutman Linda R
Bought by
Gabriel Beau and Gabriel Sherri
Current Estimated Value
$1,152,695

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Outstanding Balance
$487,894
Interest Rate
6.71%
Mortgage Type
New Conventional
Estimated Equity
$664,801

Purchase Details

Closed on
Dec 19, 2012
Sold by
Troutman Leon L and Troutman Linda R
Bought by
Troutman Leon L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$938,250
Interest Rate
3.35%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Closed on
Feb 25, 2008
Sold by
Wardson Construction Inc
Bought by
Troutman Leon L and Troutman Linda R

Purchase Details

Closed on
Nov 1, 2006
Sold by
Brandywine Llc
Bought by
Wardson Construction Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$585,000
Interest Rate
6.31%
Mortgage Type
Purchase Money Mortgage
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

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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
Gabriel Beau $1,050,000 None Listed On Document
Troutman Leon L -- None Available
Troutman Leon L $740,000 None Available
Wardson Construction Inc $176,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gabriel Beau $500,000
Previous Owner Troutman Leon L $938,250
Previous Owner Wardson Construction Inc $585,000
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 -- $1,028,597 $175,000 $853,597
2024 $8,953 $1,028,597 $175,000 $853,597
2023 $6,846 $626,259 $140,000 $486,259
2022 $6,361 $626,259 $140,000 $486,259
2021 $6,114 $626,259 $140,000 $486,259
2020 $6,002 $626,259 $140,000 $486,259
2019 $8,034 $691,508 $140,000 $551,508
2018 $7,575 $691,508 $140,000 $551,508
2017 $7,214 $691,508 $140,000 $551,508
2016 $7,065 $691,508 $140,000 $551,508
2015 $8,916 $859,139 $186,000 $673,139
2014 $8,455 $859,139 $186,000 $673,139
Source: Public Records

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