NOT LISTED FOR SALE

5017 Martin Farm Rd Raleigh, NC 27613

Falls Lake Neighborhood

Estimated Value: $723,707 - $877,000

5 Beds
3 Baths
3,543 Sq Ft
$228/Sq Ft Est. Value

About This Home

This home is located at 5017 Martin Farm Rd, Raleigh, NC 27613 and is currently estimated at $807,677, approximately $227 per square foot. 5017 Martin Farm Rd is a home located in Wake County with nearby schools including Pine Hollow Middle School, Leesville Road High School, and The Franciscan School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 1, 2021
Sold by
Nea Lawrence J and Nea Laura P
Bought by
Iyengar Vijayraghavan and Ranadive Sonal
Current Estimated Value
$807,677

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$432,000
Outstanding Balance
$386,176
Interest Rate
2.67%
Mortgage Type
New Conventional
Estimated Equity
$421,501

Purchase Details

Closed on
Jul 16, 2001
Sold by
Clearwater Group Ltd
Bought by
Nea Lawrence J and Nea Laura P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$295,375
Interest Rate
7.23%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Iyengar Vijayraghavan $540,000 None Available
Nea Lawrence J $347,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Iyengar Vijayraghavan $432,000
Previous Owner Nea Lawrence J $295,375
Source: Public Records

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
2025 $3,753 $583,582 $120,000 $463,582
2024 $3,644 $583,582 $120,000 $463,582
2023 $3,788 $483,220 $100,000 $383,220
2022 $3,510 $483,220 $100,000 $383,220
2021 $3,416 $483,220 $100,000 $383,220
2020 $3,359 $483,220 $100,000 $383,220
2019 $3,273 $398,318 $100,000 $298,318
2018 $3,009 $398,318 $100,000 $298,318
2017 $2,852 $398,318 $100,000 $298,318
2016 $2,794 $398,318 $100,000 $298,318
2015 $2,911 $416,288 $86,000 $330,288
2014 $2,759 $416,288 $86,000 $330,288
Source: Public Records

Map

North Carolina Wake County Raleigh 27613 Falls Lake

5017 Martin Farm Rd, Raleigh, NC

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