NOT LISTED FOR SALE

5501 Balsam Place Raleigh, NC 27603

Estimated Value: $313,000 - $370,000

3 Beds
2 Baths
1,671 Sq Ft
$204/Sq Ft Est. Value

About This Home

This home is located at 5501 Balsam Place, Raleigh, NC 27603 and is currently estimated at $340,506, approximately $203 per square foot. 5501 Balsam Place is a home located in Wake County with nearby schools including Smith Elementary, North Garner Middle, and Garner High.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 17, 2016
Sold by
Jlo Property Group Llc
Bought by
Traylor Laura L
Current Estimated Value
$340,506

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,000
Outstanding Balance
$124,429
Interest Rate
3.71%
Mortgage Type
New Conventional
Estimated Equity
$226,135

Purchase Details

Closed on
Feb 1, 2000
Sold by
Weyant Carl H
Bought by
Smith Melvin James and Smith Linda Latrece

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,300
Interest Rate
8.21%
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Traylor Laura L $178,000 None Available
Smith Melvin James $110,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Traylor Laura L $154,000
Previous Owner Weyant Caroline M $114,000
Previous Owner Smith Melvin James $113,300
Previous Owner Weyant Caroline M $50,000
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
2024 $2,093 $333,870 $100,000 $233,870
2023 $1,552 $196,431 $55,000 $141,431
2022 $1,439 $196,431 $55,000 $141,431
2021 $1,400 $196,431 $55,000 $141,431
2020 $1,377 $196,431 $55,000 $141,431
2019 $1,324 $159,697 $36,000 $123,697
2018 $1,218 $159,697 $36,000 $123,697
2017 $1,155 $125,322 $36,000 $89,322
2016 $893 $125,322 $36,000 $89,322
2015 $985 $139,016 $40,000 $99,016
2014 $935 $139,016 $40,000 $99,016
Source: Public Records

Map

North Carolina Wake County Raleigh 27603

5501 Balsam Place, Raleigh, NC

This home is located at 5501 Balsam Place, Raleigh, NC 27603 and is currently estimated at $340,506, approximately $203 per square foot. 5501 Balsam Place is a home located in Wake County with nearby schools including Smith Elementary, North Garner Middle, and Garner High.

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