5405 Millrace Trail Raleigh, NC 27606
South Raleigh NeighborhoodEstimated Value: $398,848 - $496,000
3
Beds
3
Baths
1,680
Sq Ft
$262/Sq Ft
Est. Value
About This Home
This home is located at 5405 Millrace Trail, Raleigh, NC 27606 and is currently estimated at $440,712, approximately $262 per square foot. 5405 Millrace Trail is a home located in Wake County with nearby schools including Yates Mill Elementary School, Dillard Drive Magnet Middle School, and Adventist Christian Academy of Raleigh.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 27, 2012
Sold by
Caldwell Carl E and Caldwell Laura S
Bought by
Smith Mary L
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
$142,650
Outstanding Balance
$98,615
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$342,097
Purchase Details
Closed on
Aug 27, 2001
Sold by
Sheats Roger Lewis and Sheats Cynthia Thornton
Bought by
Caldwell Carl E and Caldwell Laura S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,400
Interest Rate
7.18%
Purchase Details
Closed on
Jan 19, 1999
Sold by
Mitchell William D
Bought by
Sheats Roger Lewis and Sheats Cynthia Thornton
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,250
Interest Rate
10.7%
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Smith Mary L | $158,500 | None Available | |
| Caldwell Carl E | $155,000 | -- | |
| Sheats Roger Lewis | $135,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Smith Mary L | $142,650 | |
| Previous Owner | Caldwell Carl E | $139,400 | |
| Previous Owner | Sheats Roger Lewis | $101,250 |
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 | $2,366 | $366,786 | $150,000 | $216,786 |
| 2024 | $2,298 | $366,786 | $150,000 | $216,786 |
Source: Public Records
Map
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