NOT LISTED FOR SALE

5109 Old Timber Rd Raleigh, NC 27613

Estimated Value: $1,084,000 - $1,483,000

-- Bed
4 Baths
5,717 Sq Ft
$233/Sq Ft Est. Value

About This Home

This home is located at 5109 Old Timber Rd, Raleigh, NC 27613 and is currently estimated at $1,329,945, approximately $232 per square foot. 5109 Old Timber Rd is a home located in Wake County with nearby schools including West Millbrook Middle School, Leesville Road High School, and The Franciscan School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 29, 2024
Sold by
Balogun Mojisola and Balogun Soremekun
Bought by
Balogun Living Trust
Current Estimated Value
$1,329,945

Purchase Details

Closed on
Mar 4, 2021
Sold by
Soremekun Mojisola and Balogun Adebayo
Bought by
Soremekun Mojisola

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$503,000
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 12, 2006
Sold by
Duzs John Paul and Duzs Coleen
Bought by
Balogun Adebayo and Balogun Mojisila

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,100
Interest Rate
7.87%
Mortgage Type
Construction

Purchase Details

Closed on
Mar 1, 2001
Sold by
Millard Ray J and Millard Carolyn
Bought by
Duzs John Paul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,100
Interest Rate
7.06%
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
Balogun Living Trust -- None Listed On Document
Soremekun Mojisola -- None Available
Balogun Adebayo $108,000 None Available
Duzs John Paul $102,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Soremekun Mojisola $503,000
Previous Owner Balogun Adebayo O $549,500
Previous Owner Balogun Adebayo $540,100
Previous Owner Duzs John Paul $91,100
Previous Owner Steed Danny Ray $63,649
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 $7,531 $1,209,489 $178,400 $1,031,089
2023 $5,999 $766,849 $111,900 $654,949
2022 $5,558 $766,849 $111,900 $654,949
2021 $5,409 $766,849 $111,900 $654,949
2020 $5,319 $766,849 $111,900 $654,949
2019 $4,939 $602,330 $95,400 $506,930
2018 $4,540 $602,330 $95,400 $506,930
2017 $4,303 $602,330 $95,400 $506,930
2016 $4,215 $602,330 $95,400 $506,930
2015 $3,975 $569,544 $59,850 $509,694
2014 $3,768 $569,544 $59,850 $509,694
Source: Public Records

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