405 E Franklin St Raleigh, NC 27604
Mordecai NeighborhoodEstimated Value: $1,128,000 - $1,504,053
4
Beds
2
Baths
2,079
Sq Ft
$615/Sq Ft
Est. Value
About This Home
This home is located at 405 E Franklin St, Raleigh, NC 27604 and is currently estimated at $1,278,263, approximately $614 per square foot. 405 E Franklin St is a home located in Wake County with nearby schools including Conn Elementary, Oberlin Middle School, and Broughton Magnet High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 29, 2018
Sold by
Morrison Carolyn S and Morrison Rudy Lee
Bought by
Bailey James and Bailey Rachel
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
$360,000
Outstanding Balance
$315,247
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$963,016
Purchase Details
Closed on
Jun 18, 2018
Sold by
Creech Kelly A and Creech Michael C
Bought by
Morrison Carolyn S
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Bailey James | $450,000 | None Available | |
| Morrison Carolyn S | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Bailey James | $360,000 |
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 | $12,082 | $1,383,126 | $575,000 | $808,126 |
| 2024 | $12,032 | $1,383,126 | $575,000 | $808,126 |
Source: Public Records
Map
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