NOT LISTED FOR SALE

5229 Covington Bend Dr Raleigh, NC 27613

Umstead Neighborhood

Estimated Value: $485,046 - $523,000

3 Beds
3 Baths
2,069 Sq Ft
$245/Sq Ft Est. Value

About This Home

This home is located at 5229 Covington Bend Dr, Raleigh, NC 27613 and is currently estimated at $506,762, approximately $244 per square foot. 5229 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
Mar 13, 2020
Sold by
Ruane Sabrina A
Bought by
Burkhart John Andrew and Burkhart Joanna K
Current Estimated Value
$506,762

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Outstanding Balance
$185,630
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$321,132

Purchase Details

Closed on
Mar 20, 2008
Sold by
Watkins Michael L and Watkins Stephanie Elaine
Bought by
Gage Shawn and Gage Toni

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,900
Interest Rate
5.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 31, 2003
Sold by
Mueller Kraig E and Mueller Anne
Bought by
Watkins Michael L and Watkins Stephanie Elaine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,600
Interest Rate
5.17%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Burkhart John Andrew $316,500 None Available
Gage Shawn $250,000 None Available
Watkins Michael L $189,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Burkhart John Andrew $210,000
Previous Owner Gage Shawn $199,900
Previous Owner Watkins Michael L $151,600
Closed Watkins Michael L $28,425
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 $3,875 $442,057 $160,000 $282,057
2024 $3,859 $442,057 $160,000 $282,057
2023 $3,509 $320,114 $85,000 $235,114
2022 $3,261 $320,114 $85,000 $235,114
2021 $3,135 $320,114 $85,000 $235,114
2020 $3,078 $320,114 $85,000 $235,114
2019 $3,041 $260,641 $90,000 $170,641
2018 $2,868 $260,641 $90,000 $170,641
2017 $2,731 $260,641 $90,000 $170,641
2016 $2,675 $260,641 $90,000 $170,641
2015 $2,552 $244,502 $72,000 $172,502
2014 $2,421 $244,502 $72,000 $172,502
Source: Public Records

Map

North Carolina Wake County Raleigh 27613 Umstead

5229 Covington Bend Dr, Raleigh, NC

This home is located at 5229 Covington Bend Dr, Raleigh, NC 27613 and is currently estimated at $506,762, approximately $244 per square foot. 5229 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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