NOT LISTED FOR SALE

409 Jones Franklin Rd Raleigh, NC 27606

Estimated Value: $520,000 - $800,000

-- Bed
3 Baths
2,610 Sq Ft
$249/Sq Ft Est. Value

About This Home

This apartment is located on a large property with an expansive back yard. The property is centrally located - 5 min drive to the famous and gorgeous Lake Johnson, 5 min drive from shopping center containing major shops, coffee shops, movie theater; less than 10 min drive to NC State; less than 15 min drive from Downtown Raleigh, and less than 10 min drive to Downtown Cary. Bathroom and kitchen have been recently updated (granite countertops, new bathroom vanity, fresh paint) and a new firepit area has been added to the backyard for your enjoyment!

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 3, 2023
Sold by
Thompson Doug and Thompson Charlotte
Bought by
Castro Michelle Marie Pena
Current Estimated Value
$619,999

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$544,947
Outstanding Balance
$534,217
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$67,839

Purchase Details

Closed on
May 9, 2019
Sold by
Coleman Ronald A and Coleman Robin H
Bought by
Thompson Doug and Thompson Charlotte

Purchase Details

Closed on
Feb 20, 2014
Sold by
Coleman Ronald A and Coleman Robin H
Bought by
Coleman Ronald A and Coleman Robin H

Purchase Details

Closed on
Aug 27, 2012
Sold by
Rrc Investment Properties Llc
Bought by
The Revocable Living Trust Of Ronald & R

Purchase Details

Closed on
Oct 21, 2010
Sold by
Coleman Ronald A and Coleman Robin H
Bought by
Rrc Investment Properties Llc

Purchase Details

Closed on
Mar 22, 2005
Sold by
Promer Donald N and Promer Rachel A
Bought by
Coleman Ronald A and Coleman Robin H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$181,600
Interest Rate
1.37%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

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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
Castro Michelle Marie Pena $555,000 --
Thompson Doug $450,000 None Available
Coleman Ronald A -- None Available
The Revocable Living Trust Of Ronald & R -- None Available
Rrc Investment Properties Llc -- None Available
Coleman Ronald A $192,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Castro Michelle Marie Pena $544,947
Previous Owner Coleman Robin $181,600
Previous Owner Coleman Ronald A $153,600
Closed Coleman Ronald A $28,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/10/2025 02/10/25 Off Market $1,650 -- --
02/03/2025 02/03/25 For Rent -- -- --
10/08/2024 10/08/24 Off Market $1,650 -- --
10/06/2024 10/06/24 For Rent $1,650 0.0% --
10/06/2024 10/06/24 Price Changed $1,650 -2.9% $2 / Sq Ft
08/19/2024 08/19/24 For Rent $1,700 -- --

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
2024 $4,649 $528,334 $143,550 $384,784
2023 $4,857 $440,075 $99,000 $341,075
2022 $4,516 $440,075 $99,000 $341,075
2021 $4,430 $449,075 $108,000 $341,075
2020 $4,350 $449,075 $108,000 $341,075
2019 $3,409 $288,996 $68,425 $220,571
2018 $3,218 $288,996 $68,425 $220,571
2017 $3,066 $288,996 $68,425 $220,571
2016 $3,004 $288,996 $68,425 $220,571
2015 $3,086 $292,211 $74,400 $217,811
2014 $2,929 $292,211 $74,400 $217,811
Source: Public Records

Map

North Carolina Wake County Raleigh 27606

409 Jones Franklin Rd, Raleigh, NC

This home is located at 409 Jones Franklin Rd, Raleigh, NC 27606 and is currently estimated at $649,338, approximately $248 per square foot. 409 Jones Franklin Rd is a home located in Wake County with nearby schools including Adams Elementary, Lufkin Road Middle School, and Learn With The Best School.

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