5500 Banwell Place Raleigh, NC 27613
Umstead NeighborhoodEstimated Value: $484,000 - $513,000
3
Beds
3
Baths
1,965
Sq Ft
$253/Sq Ft
Est. Value
About This Home
This home is located at 5500 Banwell Place, Raleigh, NC 27613 and is currently estimated at $496,193, approximately $252 per square foot. 5500 Banwell Place is a home located in Wake County with nearby schools including Sycamore Creek Elementary School, Pine Hollow Middle School, and Leesville Road High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 16, 2005
Sold by
Riley James C and Riley Alma
Bought by
Hernandez Ramon A
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
$174,000
Outstanding Balance
$93,192
Interest Rate
5.77%
Mortgage Type
Fannie Mae Freddie Mac
Estimated Equity
$403,001
Purchase Details
Closed on
Oct 9, 2001
Sold by
Patel Rajesh R and Patel Sadhana R
Bought by
Riley James C and Riley Alma
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,902
Interest Rate
6.89%
Mortgage Type
VA
Purchase Details
Closed on
Jul 29, 1998
Sold by
Phillips Shawn Javette
Bought by
Patel Rajesh R and Patel Sadhana R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,100
Interest Rate
6.96%
Purchase Details
Closed on
Feb 16, 1998
Sold by
Norman Helen W and Norman Schinkel Helen
Bought by
Phillips Shawn Javette
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,200
Interest Rate
6.37%
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
Average Home Value in this Area
Purchase History
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
Hernandez Ramon A | $189,000 | None Available | |
Riley James C | $172,000 | -- | |
Patel Rajesh R | $157,500 | -- | |
Phillips Shawn Javette | $158,000 | -- |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Hernandez Ramon A | $174,000 | |
Previous Owner | Riley James C | $176,667 | |
Previous Owner | Riley James | $176,609 | |
Previous Owner | Riley James C | $176,902 | |
Previous Owner | Patel Rajesh R | $118,100 | |
Previous Owner | Phillips Shawn Javette | $142,200 | |
Closed | Patel Rajesh R | $23,450 |
Source: Public Records
Tax History Compared to Growth
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 | $4,317 | $492,714 | $150,000 | $342,714 |
2024 | $4,299 | $492,714 | $150,000 | $342,714 |
2023 | $3,249 | $296,255 | $85,000 | $211,255 |
2022 | $3,020 | $296,255 | $85,000 | $211,255 |
2021 | $2,903 | $296,255 | $85,000 | $211,255 |
2020 | $2,850 | $296,255 | $85,000 | $211,255 |
2019 | $2,884 | $247,160 | $85,000 | $162,160 |
2018 | $2,720 | $247,160 | $85,000 | $162,160 |
2017 | $2,591 | $247,160 | $85,000 | $162,160 |
2016 | $2,538 | $247,160 | $85,000 | $162,160 |
2015 | $2,384 | $228,329 | $66,000 | $162,329 |
2014 | -- | $228,329 | $66,000 | $162,329 |
Source: Public Records
Map
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