3404 Cherry Ln Raleigh, NC 27607
University Park NeighborhoodEstimated Value: $626,000 - $701,000
3
Beds
2
Baths
1,596
Sq Ft
$415/Sq Ft
Est. Value
About This Home
This home is located at 3404 Cherry Ln, Raleigh, NC 27607 and is currently estimated at $662,015, approximately $414 per square foot. 3404 Cherry Ln 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
Nov 14, 2016
Sold by
Edwards Ralph L and Edwards Audrey Yacabucci
Bought by
Archer Mary Hendrika
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Outstanding Balance
$160,565
Interest Rate
3.42%
Mortgage Type
New Conventional
Estimated Equity
$501,450
Purchase Details
Closed on
May 17, 2013
Sold by
Edwards Ralph L and Edwards Audrey Yacabucci
Bought by
Edwards Ralph L and Edwards Audrey Yacabucci
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,000
Interest Rate
3.42%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 22, 2003
Sold by
Webster Johnson L
Bought by
Edwards Ralph L and Yacabucci Audrey
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
5.6%
Purchase Details
Closed on
Jul 31, 2001
Sold by
Gazaleh Nicholas
Bought by
Edwards Ralph L and Webster Johnson L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,500
Interest Rate
7.08%
Purchase Details
Closed on
Jan 23, 1998
Sold by
Lee David F and Lee Doria B
Bought by
Gazaleh Nicholas E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
7.19%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Archer Mary Hendrika | $341,000 | None Available | |
| Edwards Ralph L | -- | None Available | |
| Edwards Ralph L | -- | -- | |
| Edwards Ralph L | $215,000 | -- | |
| Gazaleh Nicholas E | $180,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Archer Mary Hendrika | $200,000 | |
| Previous Owner | Edwards Ralph L | $174,000 | |
| Previous Owner | Edwards Ralph L | $192,000 | |
| Previous Owner | Edwards Ralph L | $193,500 | |
| Previous Owner | Gazaleh Nicholas E | $144,000 |
Source: Public Records
Tax History Compared to Growth
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 | $5,536 | $632,463 | $500,000 | $132,463 |
| 2024 | $5,513 | $632,463 | $500,000 | $132,463 |
Source: Public Records
Map
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