NOT LISTED FOR SALE

505 E Franklin St Raleigh, NC 27604

Mordecai Neighborhood

Estimated Value: $675,000 - $777,000

2 Beds
2 Baths
1,425 Sq Ft
$492/Sq Ft Est. Value

About This Home

This home is located at 505 E Franklin St, Raleigh, NC 27604 and is currently estimated at $701,635, approximately $492 per square foot. 505 E Franklin St is a home located in Wake County with nearby schools including Conn Elementary, Oberlin Middle School, and Broughton Magnet High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 31, 2005
Sold by
Lauck Jerome H and Millar Leah C
Bought by
Wilburn Robert J and Wilburn Lucy B
Current Estimated Value
$701,635

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$218,800
Outstanding Balance
$115,509
Interest Rate
5.64%
Mortgage Type
Fannie Mae Freddie Mac
Estimated Equity
$586,126

Purchase Details

Closed on
Jan 31, 2002
Sold by
Lauck Jerome H and Millar Leah C
Bought by
Lauck Jerome H and Millar Leah C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
5.5%

Purchase Details

Closed on
Jan 30, 1998
Sold by
Stickney N Carter and Churchill Angela C
Bought by
Patterson Tyler H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,200
Interest Rate
7.07%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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
Wilburn Robert J $274,000 None Available
Lauck Jerome H -- --
Lauck Jerome $194,000 --
Patterson Tyler H $159,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wilburn Robert J $218,800
Previous Owner Lauck Jerome $150,000
Previous Owner Patterson Tyler H $127,200
Closed Patterson Tyler H $15,900
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 $5,835 $666,748 $500,000 $166,748
2024 $5,811 $666,748 $500,000 $166,748
Source: Public Records

Map

North Carolina Wake County Raleigh 27604 Mordecai

505 E Franklin St, Raleigh, NC

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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