NOT LISTED FOR SALE

5304 Arete Way Raleigh, NC 27607

Estimated Value: $366,000 - $414,000

3 Beds
3 Baths
1,640 Sq Ft
$242/Sq Ft Est. Value

About This Home

This home is located at 5304 Arete Way, Raleigh, NC 27607 and is currently estimated at $397,248, approximately $242 per square foot. 5304 Arete Way is a home located in Wake County with nearby schools including Kingswood Elementary, Reedy Creek Magnet Middle School, and The Raleigh School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 24, 2022
Sold by
Lee Fisher Linda
Bought by
Young Cassidy Elizabeth
Current Estimated Value
$402,866

Purchase Details

Closed on
Feb 8, 2013
Sold by
Fisher Linda Lee
Bought by
Fisher Linda Lee and Young Cassidy Elizabeth

Purchase Details

Closed on
Feb 17, 2011
Sold by
Young Jason Lynn
Bought by
Fisher Linda Lee and Estate Of Michelle Marie Fisher Young

Purchase Details

Closed on
Dec 12, 2003
Sold by
Schaad Ryan
Bought by
Young Jason and Young Michelle M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,040
Interest Rate
5.97%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 11, 2002
Sold by
Darling Patrick D
Bought by
Schaad Ryan and Young Jason

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,200
Interest Rate
6.08%

Purchase Details

Closed on
May 25, 1999
Sold by
Westminster Homes Inc
Bought by
Darling Patrick D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,900
Interest Rate
6.62%
Source: Public Records

Range of Values:

Collateral Analytics

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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

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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
Young Cassidy Elizabeth -- None Listed On Document
Fisher Linda Lee -- None Available
Fisher Linda Lee $1,000 None Available
Young Jason -- --
Schaad Ryan $159,000 --
Darling Patrick D $141,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Young Jason $131,040
Previous Owner Schaad Ryan $127,200
Previous Owner Darling Patrick D $15,000
Previous Owner Darling Patrick D $133,900
Closed Schaad Ryan $15,900
Closed Young Jason $15,500
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 -- $360,068 $80,000 $280,068
2024 $3,147 $360,068 $80,000 $280,068
2023 $2,535 $230,746 $47,000 $183,746
2022 $2,356 $230,746 $47,000 $183,746
2021 $2,265 $230,746 $47,000 $183,746
2020 $2,224 $230,746 $47,000 $183,746
2019 $2,174 $185,887 $44,000 $141,887
2018 $0 $185,887 $44,000 $141,887
2017 $1,954 $185,887 $44,000 $141,887
2016 $0 $185,887 $44,000 $141,887
2015 -- $179,647 $38,000 $141,647
2014 -- $179,647 $38,000 $141,647
Source: Public Records

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