NOT LISTED FOR SALE

5408 Merritt St Raleigh, NC 27606

Estimated Value: $325,000 - $404,000

2 Beds
1 Bath
854 Sq Ft
$416/Sq Ft Est. Value

About This Home

This home is located at 5408 Merritt St, Raleigh, NC 27606 and is currently estimated at $355,060, approximately $415 per square foot. 5408 Merritt St is a home located in Wake County with nearby schools including Kingswood Elementary, Reedy Creek Magnet Middle School, and Cardinal Charter Academy.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 29, 2020
Sold by
Aldi Thomas J
Bought by
Lynch Thomas P
Current Estimated Value
$355,060

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,240
Outstanding Balance
$161,898
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$193,162

Purchase Details

Closed on
Sep 14, 2006
Sold by
Pendergraph Donald and Pendergraph Frankie
Bought by
Aldi Thomas J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,200
Interest Rate
6.58%
Mortgage Type
Purchase Money Mortgage
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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

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.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

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.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Lynch Thomas P $197,000 None Available
Aldi Thomas J $115,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lynch Thomas P $182,240
Previous Owner Aldi Thomas J $80,900
Previous Owner Aldi Thomas J $86,200
Previous Owner Pendergraph Frankie W $450,000
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 $2,438 $277,216 $200,000 $77,216
2024 $2,428 $277,216 $200,000 $77,216
2023 $1,966 $178,532 $110,000 $68,532
2022 $1,828 $178,532 $110,000 $68,532
2021 $1,670 $169,593 $110,000 $59,593
2020 $1,640 $169,593 $110,000 $59,593
2019 $1,645 $140,185 $98,000 $42,185
2018 $1,552 $140,185 $98,000 $42,185
2017 $1,478 $140,185 $98,000 $42,185
2016 $1,448 $140,185 $98,000 $42,185
2015 $1,217 $115,590 $76,000 $39,590
2014 -- $115,590 $76,000 $39,590
Source: Public Records

Map

North Carolina Wake County Raleigh 27606

5408 Merritt St, Raleigh, NC

This home is located at 5408 Merritt St, Raleigh, NC 27606 and is currently estimated at $355,060, approximately $415 per square foot. 5408 Merritt St is a home located in Wake County with nearby schools including Kingswood Elementary, Reedy Creek Magnet Middle School, and Cardinal Charter Academy.

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.

Nearby Homes