NOT LISTED FOR SALE

505 Locust Ln Raleigh, NC 27603

Estimated Value: $270,000 - $310,000

3 Beds
1 Bath
1,184 Sq Ft
$243/Sq Ft Est. Value

About This Home

This home is located at 505 Locust Ln, Raleigh, NC 27603 and is currently estimated at $287,937, approximately $243 per square foot. 505 Locust Ln is a home located in Wake County with nearby schools including Smith Elementary, North Garner Middle, and Garner High.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 3, 2021
Sold by
Hoeppner William Kevin
Bought by
Taylor Jeffrey
Current Estimated Value
$284,157

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,750
Outstanding Balance
$140,609
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$143,548

Purchase Details

Closed on
Aug 18, 2015
Sold by
Coley Christopher Jason
Bought by
Hoeppner William Kevin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,000
Interest Rate
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 15, 1995
Bought by
Coley Shirley S Heirs
Source: Public Records

Range of Values:

Collateral Analytics

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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

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Quantarium

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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
Taylor Jeffrey $205,000 None Available
Hoeppner William Kevin $72,000 Attorney
Coley Shirley S Heirs $82,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Taylor Jeffrey $153,750
Previous Owner Hoeppner William Kevin $74,000
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
2024 $1,686 $268,326 $100,000 $168,326
2023 $1,303 $164,489 $55,000 $109,489
2022 $1,208 $164,489 $55,000 $109,489
2021 $1,176 $164,489 $55,000 $109,489
2020 $1,157 $164,489 $55,000 $109,489
2019 $1,011 $121,402 $36,000 $85,402
2018 $931 $121,402 $36,000 $85,402
2017 $883 $121,402 $36,000 $85,402
2016 $866 $121,402 $36,000 $85,402
2015 $898 $126,427 $40,000 $86,427
2014 $852 $126,427 $40,000 $86,427
Source: Public Records

Map

North Carolina Wake County Raleigh 27603

505 Locust Ln, Raleigh, NC

This home is located at 505 Locust Ln, Raleigh, NC 27603 and is currently estimated at $287,937, approximately $243 per square foot. 505 Locust Ln is a home located in Wake County with nearby schools including Smith Elementary, North Garner Middle, and Garner High.

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