NOT LISTED FOR SALE

5500 Cahaba Way Raleigh, NC 27616

Forestville Neighborhood

Estimated Value: $385,000 - $421,000

4 Beds
3 Baths
2,006 Sq Ft
$199/Sq Ft Est. Value

About This Home

This home is located at 5500 Cahaba Way, Raleigh, NC 27616 and is currently estimated at $400,091, approximately $199 per square foot. 5500 Cahaba Way is a home located in Wake County with nearby schools including Wildwood Forest Elementary, Wake Forest-Rolesville Middle School, and Wakefield High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 6, 2021
Sold by
Schmidt Ronald Harry
Bought by
Schmidt Richard Armstrong and Childs-Schmidt Lisa Ann
Current Estimated Value
$400,091

Purchase Details

Closed on
Jan 24, 2003
Sold by
Schmidt Richard A and Childs Schmidt Lisa A
Bought by
Schmidt Richard A and Childs Schmidt Lisa A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,500
Interest Rate
8.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 17, 2000
Sold by
Centex Homes
Bought by
Schmidt Richard A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,297
Interest Rate
7.9%
Mortgage Type
Balloon
Source: Public Records

Range of Values:

Collateral Analytics

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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

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Quantarium

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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
Schmidt Richard Armstrong -- None Listed On Document
Schmidt Richard A -- --
Schmidt Richard A $158,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Schmidt Richard A $161,500
Previous Owner Schmidt Richard A $118,297
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 $3,456 $393,941 $85,000 $308,941
2024 $3,441 $393,941 $85,000 $308,941
2023 $2,696 $245,484 $40,000 $205,484
2022 $2,506 $245,484 $40,000 $205,484
2021 $2,409 $245,484 $40,000 $205,484
2020 $2,365 $245,484 $40,000 $205,484
2019 $2,292 $196,030 $40,000 $156,030
2018 $2,162 $196,030 $40,000 $156,030
2017 $2,059 $196,030 $40,000 $156,030
2016 $2,017 $210,215 $40,000 $170,215
2015 $2,139 $204,620 $40,000 $164,620
2014 $1,029 $204,620 $40,000 $164,620
Source: Public Records

Map

North Carolina Wake County Raleigh 27616 Forestville

5500 Cahaba Way, Raleigh, NC

This home is located at 5500 Cahaba Way, Raleigh, NC 27616 and is currently estimated at $400,091, approximately $199 per square foot. 5500 Cahaba Way is a home located in Wake County with nearby schools including Wildwood Forest Elementary, Wake Forest-Rolesville Middle School, and Wakefield High School.

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