5221 Covington Bend Dr Raleigh, NC 27613
Northwest Raleigh NeighborhoodEstimated Value: $459,000 - $486,000
4
Beds
3
Baths
1,905
Sq Ft
$248/Sq Ft
Est. Value
About This Home
This home is located at 5221 Covington Bend Dr, Raleigh, NC 27613 and is currently estimated at $472,422, approximately $247 per square foot. 5221 Covington Bend Dr is a home located in Wake County with nearby schools including Sycamore Creek Elementary School, Pine Hollow Middle School, and Leesville Road High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jun 27, 2016
Sold by
Riggins Walter G
Bought by
Burks Nicholas F and Burks Rebekah M
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,590
Outstanding Balance
$210,856
Interest Rate
3.66%
Mortgage Type
VA
Estimated Equity
$261,566
Purchase Details
Closed on
Feb 15, 2006
Sold by
Pore J Franklin
Bought by
Medlin Rebecca H
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$401,000
Interest Rate
6.14%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Sep 6, 2002
Sold by
Riggins Walter G and Riggins Patricia M
Bought by
Riggins Walter G
Purchase Details
Closed on
Feb 22, 1995
Bought by
Riggins Walter G
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Burks Nicholas F | $260,000 | None Available | |
| Medlin Rebecca H | $531,000 | None Available | |
| Riggins Walter G | -- | -- | |
| Riggins Walter G | $142,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Burks Nicholas F | $265,590 | |
| Previous Owner | Medlin Rebecca H | $401,000 |
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 | $3,829 | $436,770 | $160,000 | $276,770 |
| 2024 | $3,813 | $436,770 | $160,000 | $276,770 |
| 2023 | $3,371 | $307,411 | $85,000 | $222,411 |
| 2022 | $3,133 | $307,411 | $85,000 | $222,411 |
| 2021 | $3,011 | $307,411 | $85,000 | $222,411 |
| 2020 | $2,956 | $307,411 | $85,000 | $222,411 |
| 2019 | $2,937 | $251,677 | $90,000 | $161,677 |
| 2018 | $2,770 | $251,677 | $90,000 | $161,677 |
| 2017 | $2,638 | $251,677 | $90,000 | $161,677 |
| 2016 | $2,584 | $251,677 | $90,000 | $161,677 |
| 2015 | $2,459 | $235,557 | $72,000 | $163,557 |
| 2014 | -- | $235,557 | $72,000 | $163,557 |
Source: Public Records
Map
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