NOT LISTED FOR SALE

505 Royal St Raleigh, NC 27607

Estimated Value: $422,000 - $462,042

3 Beds
3 Baths
1,358 Sq Ft
$324/Sq Ft Est. Value

About This Home

This home is located at 505 Royal St, Raleigh, NC 27607 and is currently estimated at $440,511, approximately $324 per square foot. 505 Royal St is a home located in Wake County with nearby schools including Olds Elementary School, Leroy Martin Magnet, and Al-Iman School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 14, 2009
Sold by
Jacobs Building Co Inc
Bought by
Bunn Nelson O and Bunn Barbara H
Current Estimated Value
$429,238

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,980
Outstanding Balance
$100,675
Interest Rate
5.26%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$328,563

Purchase Details

Closed on
Oct 31, 2008
Sold by
Bunn Nelson O and Bunn Barbara H
Bought by
Bunn Nelson O and Bunn Barbara H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Interest Rate
5.78%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Sep 29, 2008
Sold by
Fairport Llc
Bought by
Bunn Nelson O and Bunn Barbara H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Interest Rate
5.78%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Mar 29, 2006
Sold by
Ellington C Whyte and Ellington Caroline K
Bought by
Fairport Llc
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
Bunn Nelson O -- None Available
Bunn Nelson O -- None Available
Bunn Nelson O $52,500 None Available
Fairport Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bunn Nelson O $150,980
Previous Owner Bunn Nelson O $148,000
Previous Owner Hammon Susan S $261,900
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 $3,574 $409,242 $200,000 $209,242
2023 $2,222 $202,025 $60,000 $142,025
2022 $2,066 $202,025 $60,000 $142,025
2021 $1,986 $202,025 $60,000 $142,025
2020 $1,950 $202,025 $60,000 $142,025
2019 $1,713 $146,059 $40,000 $106,059
2018 $1,616 $146,059 $40,000 $106,059
2017 $1,539 $146,059 $40,000 $106,059
2016 $1,508 $146,059 $40,000 $106,059
2015 -- $124,343 $20,000 $104,343
2014 $1,241 $124,343 $20,000 $104,343
Source: Public Records

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