NOT LISTED FOR SALE

5305 Grand Gate Dr Raleigh, NC 27613

Falls Lake Neighborhood

Estimated Value: $1,139,599 - $1,373,000

4 Beds
4 Baths
4,280 Sq Ft
$296/Sq Ft Est. Value

About This Home

This home is located at 5305 Grand Gate Dr, Raleigh, NC 27613 and is currently estimated at $1,266,650, approximately $295 per square foot. 5305 Grand Gate Dr is a home located in Wake County with nearby schools including West Millbrook Middle School, Leesville Road High School, and Quest Academy.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 26, 2018
Sold by
Zomorodi Ali and Zomorodi Margaret
Bought by
Ferguson Glen Allen and Ferguson Jessica Lynn
Current Estimated Value
$1,266,650

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$666,000
Outstanding Balance
$579,657
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$686,993

Purchase Details

Closed on
Jul 16, 2008
Sold by
Houston John and Houston Janna
Bought by
Zomorodi Ali Reza and Zomorodi Margaret Gambrell

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$768,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 30, 2003
Sold by
Legend Homes Inc
Bought by
Houston John and Houston Janna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,720
Interest Rate
6.03%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 25, 2001
Sold by
Pinnacle Construction Group Llc
Bought by
Legend Homes Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,925
Interest Rate
6.98%
Mortgage Type
Construction
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
Ferguson Glen Allen $740,000 None Available
Zomorodi Ali Reza $768,000 None Available
Houston John $121,000 --
Legend Homes Inc $116,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ferguson Glen Allen $666,000
Previous Owner Zomorodi Ali Reza $768,000
Previous Owner Houston John $96,720
Previous Owner Legend Homes Inc $86,925
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 $6,692 $1,043,192 $200,000 $843,192
2024 $6,498 $1,043,192 $200,000 $843,192
2023 $5,799 $741,243 $190,000 $551,243
2022 $5,373 $741,243 $190,000 $551,243
2021 $5,229 $741,243 $190,000 $551,243
2020 $5,142 $741,243 $190,000 $551,243
2019 $4,936 $601,921 $190,000 $411,921
2018 $218 $553,220 $190,000 $363,220
2017 $0 $553,220 $190,000 $363,220
2016 $0 $553,220 $190,000 $363,220
2015 -- $696,708 $176,000 $520,708
2014 -- $696,708 $176,000 $520,708
Source: Public Records

Map

North Carolina Wake County Raleigh 27613 Falls Lake

5305 Grand Gate Dr, Raleigh, NC

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