NOT LISTED FOR SALE

Estimated Value: $582,000 - $621,163

4 Beds
2 Baths
2,786 Sq Ft
$216/Sq Ft Est. Value

About This Home

This home is located at 5125 Melbourne Rd, Raleigh, NC 27606 and is currently estimated at $602,791, approximately $216 per square foot. 5125 Melbourne Rd is a home located in Wake County with nearby schools including Adams Elementary, Lufkin Road Middle School, and Atlas International School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 24, 2019
Sold by
Lorden Shawn and Lorden Sharon
Bought by
Wolk Thomas
Current Estimated Value
$602,791

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$383,400
Outstanding Balance
$341,604
Interest Rate
4.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$261,187

Purchase Details

Closed on
May 4, 2018
Sold by
Gallella John
Bought by
Lorden Shawn and Lorden Sharon

Purchase Details

Closed on
Nov 18, 2014
Sold by
Galletta Rosanne Lynn and Galletta Roseanne Lynn
Bought by
Galletta Nada M

Purchase Details

Closed on
Sep 30, 2002
Sold by
Busisou Nagi and Alhalabi Rawah M
Bought by
Galletta Nada M and Galletta Roseanne Lynn

Purchase Details

Closed on
Apr 4, 2000
Sold by
Alhalabi Rawah M
Bought by
Busisou Nagi

Purchase Details

Closed on
Oct 28, 1999
Sold by
Farhadi Abdul Shakoor and Farhadi Maliha A
Bought by
Busisou Naci and Alhalabi Rawah M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,440
Interest Rate
7.81%
Mortgage Type
Seller Take Back
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
Wolk Thomas $384,000 None Available
Lorden Shawn $230,000 None Available
Galletta Nada M -- None Available
Galletta Nada M $200,000 --
Busisou Nagi -- --
Busisou Naci $135,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wolk Thomas $383,400
Previous Owner Busisou Naci $142,440
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 $4,750 $542,416 $200,000 $342,416
2024 $4,731 $542,416 $200,000 $342,416
2023 $4,105 $374,782 $105,000 $269,782
2022 $3,815 $374,782 $105,000 $269,782
2021 $3,667 $374,782 $105,000 $269,782
2020 $3,600 $374,782 $105,000 $269,782
2019 $2,768 $237,129 $90,000 $147,129
2018 $2,611 $237,129 $90,000 $147,129
2017 $0 $237,129 $90,000 $147,129
2016 $2,436 $237,129 $90,000 $147,129
2015 $2,487 $238,290 $90,000 $148,290
2014 $2,360 $238,290 $90,000 $148,290
Source: Public Records

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