NOT LISTED FOR SALE

Estimated Value: $386,000 - $406,387

3 Beds
3 Baths
1,850 Sq Ft
$215/Sq Ft Est. Value

About This Home

This home is located at 5401 Echo Ridge Rd, Raleigh, NC 27612 and is currently estimated at $397,347, approximately $214 per square foot. 5401 Echo Ridge Rd is a home located in Wake County with nearby schools including Oberlin Middle School, Broughton Magnet High School, and Iron Academy.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 18, 2020
Sold by
Shelly Elizabeth A and Shelly Herbert H
Bought by
Shelly Elizabeth A and Shelly Herbert H
Current Estimated Value
$399,276

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$233,200
Outstanding Balance
$210,336
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$189,833

Purchase Details

Closed on
Jul 6, 2018
Sold by
Stelten Jake and Stelten Christine
Bought by
Shelly Elizabeth A and Shelly Herbert H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$237,025
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 22, 2009
Sold by
Gunsch Lawrence J
Bought by
Lala Nicholas and Mccarson Tina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,500
Interest Rate
4.25%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 27, 2004
Sold by
Comstock Delta Ridge Ii Llc
Bought by
Gunsch Lawrence J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,994
Interest Rate
5.73%
Mortgage Type
VA
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
Shelly Elizabeth A -- None Available
Shelly Elizabeth A $249,500 None Available
Lala Nicholas $180,500 None Available
Gunsch Lawrence J $166,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shelly Elizabeth A $233,200
Closed Shelly Elizabeth A $237,025
Previous Owner Lala Nicholas $180,500
Previous Owner Gunsch Lawrence J $35,000
Previous Owner Fulk Payton Allen $217,500
Previous Owner Gunsch Lawrence J $171,994
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
2024 $3,300 $377,716 $100,000 $277,716
2023 $2,758 $251,158 $52,000 $199,158
2022 $2,563 $251,158 $52,000 $199,158
2021 $2,464 $251,158 $52,000 $199,158
2020 $2,419 $251,158 $52,000 $199,158
2019 $2,185 $186,800 $27,000 $159,800
2018 $2,061 $186,800 $27,000 $159,800
2017 $1,963 $186,800 $27,000 $159,800
2016 $1,923 $186,800 $27,000 $159,800
2015 $1,948 $186,238 $27,000 $159,238
2014 $1,848 $186,238 $27,000 $159,238
Source: Public Records

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