416 Morrison Ave Raleigh, NC 27608
Five Points NeighborhoodEstimated Value: $744,724 - $813,000
3
Beds
3
Baths
1,363
Sq Ft
$565/Sq Ft
Est. Value
About This Home
This home is located at 416 Morrison Ave, Raleigh, NC 27608 and is currently estimated at $769,931, approximately $564 per square foot. 416 Morrison Ave is a home located in Wake County with nearby schools including Underwood Magnet Elementary School, Oberlin Middle School, and Broughton Magnet High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Apr 29, 2015
Sold by
Mann Clyde S and Lee Clyde M
Bought by
Scarborough Randall C and Jones Lillian E
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
$264,000
Outstanding Balance
$200,155
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$569,776
Purchase Details
Closed on
Jan 1, 1976
Bought by
Mann Clyde S
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Scarborough Randall C | $370,000 | None Available | |
| Mann Clyde S | $25,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Scarborough Randall C | $264,000 |
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 | $5,854 | $668,993 | $490,000 | $178,993 |
| 2024 | $5,830 | $668,993 | $490,000 | $178,993 |
| 2023 | $5,316 | $485,904 | $320,000 | $165,904 |
| 2022 | $4,940 | $485,904 | $320,000 | $165,904 |
| 2021 | $4,748 | $485,904 | $320,000 | $165,904 |
| 2020 | $4,661 | $485,904 | $320,000 | $165,904 |
| 2019 | $4,452 | $382,414 | $225,000 | $157,414 |
| 2018 | $4,198 | $382,414 | $225,000 | $157,414 |
| 2017 | $3,798 | $363,169 | $225,000 | $138,169 |
| 2016 | $3,720 | $363,169 | $225,000 | $138,169 |
| 2015 | $3,355 | $322,038 | $160,000 | $162,038 |
| 2014 | $3,182 | $322,038 | $160,000 | $162,038 |
Source: Public Records
Map
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