NOT LISTED FOR SALE

5041 Glenmorgan Ln Raleigh, NC 27616

Northeast Raleigh Neighborhood

Estimated Value: $653,000

-- Bed
1 Bath
2,933 Sq Ft
$223/Sq Ft Est. Value

About This Home

This home is located at 5041 Glenmorgan Ln, Raleigh, NC 27616 and is currently estimated at $653,000, approximately $222 per square foot. 5041 Glenmorgan Ln is a home with nearby schools including Beaverdam Elementary School, River Bend Middle, and Rolesville High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 7, 2023
Sold by
Drees Homes Company
Bought by
Zern Blaine and Thomas Brandie
Current Estimated Value
$653,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$644,758
Outstanding Balance
$630,471
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$22,529

Purchase Details

Closed on
Feb 2, 2023
Sold by
Buffaloe Partners 1 Llc
Bought by
Drees Company and Drees Homes Company
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
Zern Blaine $665,000 None Listed On Document
Drees Company $969,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zern Blaine $644,758
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 $5,391 $615,866 $110,000 $505,866
2024 $5,356 $614,347 $110,000 $504,347
2023 $763 $70,000 $70,000 $0
2022 $709 $70,000 $70,000 $0
Source: Public Records

Map

North Carolina Wake County Raleigh 27616 Northeast Raleigh

5041 Glenmorgan Ln, Raleigh, NC

This home is located at 5041 Glenmorgan Ln, Raleigh, NC 27616 and is currently estimated at $653,000, approximately $222 per square foot. 5041 Glenmorgan Ln is a home with nearby schools including Beaverdam Elementary School, River Bend Middle, and Rolesville High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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