NOT LISTED FOR SALE

5501 Cahaba Way Raleigh, NC 27616

Forestville Neighborhood

Estimated Value: $380,000 - $410,000

4 Beds
3 Baths
1,944 Sq Ft
$203/Sq Ft Est. Value

About This Home

This home is located at 5501 Cahaba Way, Raleigh, NC 27616 and is currently estimated at $394,619, approximately $202 per square foot. 5501 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
May 26, 2020
Sold by
Offerpad Spvborrower1 Llc
Bought by
Smith Darian R and Feury Danielle M
Current Estimated Value
$394,619

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,320
Outstanding Balance
$220,527
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$174,092

Purchase Details

Closed on
Feb 14, 2020
Sold by
Upperman Ollie N
Bought by
Offerpad Spvborrower1 Llc

Purchase Details

Closed on
Jan 9, 2020
Sold by
Upperman Dwaine and Upperman Ollie
Bought by
Upperman Ollie

Purchase Details

Closed on
Oct 25, 2018
Sold by
Upperman Dwaine L
Bought by
Upperman Ollie N

Purchase Details

Closed on
Mar 25, 2005
Sold by
Hud
Bought by
Upperman Dwaine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,400
Interest Rate
8%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Oct 26, 2004
Sold by
Mortgage Electronic Registration Systems
Bought by
Hud

Purchase Details

Closed on
Sep 1, 2000
Sold by
Centex Homes
Bought by
Morgan Brenda Powell

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,213
Interest Rate
8.24%
Mortgage Type
FHA
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
Smith Darian R $256,000 None Available
Offerpad Spvborrower1 Llc $243,000 None Available
Upperman Ollie -- None Available
Upperman Ollie -- None Listed On Document
Upperman Ollie N -- None Available
Upperman Dwaine -- --
Hud -- --
Morgan Brenda Powell $164,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Darian R $248,320
Previous Owner Upperman Dwaine $163,400
Previous Owner Morgan Brenda Powell $164,213
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 $3,365 $383,533 $85,000 $298,533
2024 $3,351 $383,533 $85,000 $298,533
2023 $2,620 $238,545 $40,000 $198,545
2022 $2,435 $238,545 $40,000 $198,545
2021 $2,341 $238,545 $40,000 $198,545
2020 $2,299 $238,545 $40,000 $198,545
2019 $2,231 $190,784 $40,000 $150,784
2018 $2,105 $190,784 $40,000 $150,784
2017 $2,005 $190,784 $40,000 $150,784
2016 $1,964 $204,492 $40,000 $164,492
2015 $2,082 $199,106 $40,000 $159,106
2014 $1,975 $199,106 $40,000 $159,106
Source: Public Records

Map

North Carolina Wake County Raleigh 27616 Forestville

5501 Cahaba Way, Raleigh, NC

This home is located at 5501 Cahaba Way, Raleigh, NC 27616 and is currently estimated at $394,619, approximately $202 per square foot. 5501 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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