5004 Somerset Mill Ln Raleigh, NC 27616
Triangle Town Center NeighborhoodEstimated Value: $308,000 - $319,000
3
Beds
3
Baths
1,269
Sq Ft
$246/Sq Ft
Est. Value
About This Home
This home is located at 5004 Somerset Mill Ln, Raleigh, NC 27616 and is currently estimated at $311,887, approximately $245 per square foot. 5004 Somerset Mill Ln is a home located in Wake County with nearby schools including River Bend Elementary, River Bend Middle, and Rolesville High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jun 20, 2023
Sold by
Kauffman Wendy M
Bought by
Kauffman Andrew S
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
$214,000
Outstanding Balance
$208,236
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$103,651
Purchase Details
Closed on
Jan 30, 2002
Sold by
South Atlantic Residential Properties Ll
Bought by
Kauffman Andrew S and Kauffman Wendy M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,403
Interest Rate
7.14%
Mortgage Type
FHA
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 |
---|---|---|---|
Kauffman Andrew S | -- | None Listed On Document | |
Kauffman Andrew S | $126,500 | -- |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Kauffman Andrew S | $214,000 | |
Previous Owner | Kauffman Andrew S | $125,403 |
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 | $2,633 | $299,638 | $90,000 | $209,638 |
2024 | $2,622 | $299,638 | $90,000 | $209,638 |
2023 | $1,900 | $172,496 | $42,000 | $130,496 |
2022 | $1,767 | $172,496 | $42,000 | $130,496 |
2021 | $1,698 | $172,496 | $42,000 | $130,496 |
2020 | $1,668 | $172,496 | $42,000 | $130,496 |
2019 | $1,574 | $134,130 | $36,000 | $98,130 |
2018 | $1,486 | $134,130 | $36,000 | $98,130 |
2017 | $1,415 | $134,130 | $36,000 | $98,130 |
2016 | $1,387 | $134,130 | $36,000 | $98,130 |
2015 | $1,417 | $134,955 | $36,000 | $98,955 |
2014 | -- | $134,955 | $36,000 | $98,955 |
Source: Public Records
Map
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