NOT LISTED FOR SALE

5504 Cahaba Way Raleigh, NC 27616

Forestville Neighborhood

Estimated Value: $385,000 - $424,000

4 Beds
3 Baths
2,050 Sq Ft
$196/Sq Ft Est. Value

About This Home

This home is located at 5504 Cahaba Way, Raleigh, NC 27616 and is currently estimated at $401,723, approximately $195 per square foot. 5504 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
Aug 7, 2025
Sold by
Perry Tracy and Perry Wardell
Bought by
Tracy And Wardell Perry Living Trust and Perry
Current Estimated Value
$401,723

Purchase Details

Closed on
Sep 13, 2006
Sold by
Mercurio Samuel
Bought by
Perry Tracy T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,430
Interest Rate
6.58%
Mortgage Type
VA

Purchase Details

Closed on
Aug 30, 2000
Sold by
Centex Homes
Bought by
Mercurio Samuel and Mercurio Mary Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$33,800
Interest Rate
7.91%
Mortgage Type
Credit Line Revolving
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
Tracy And Wardell Perry Living Trust -- None Listed On Document
Perry Tracy T $198,000 None Available
Mercurio Samuel $167,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Perry Tracy T $204,430
Previous Owner Mercurio Samuel $117,475
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 $3,051 $392,555 $85,000 $307,555
2024 $3,039 $392,555 $85,000 $307,555
2023 $2,195 $244,527 $40,000 $204,527
2022 $2,040 $244,527 $40,000 $204,527
2021 $1,961 $244,527 $40,000 $204,527
2020 $1,926 $244,527 $40,000 $204,527
2019 $2,283 $195,285 $40,000 $155,285
2018 $2,154 $195,285 $40,000 $155,285
2017 $2,052 $195,285 $40,000 $155,285
2016 $2,010 $209,402 $40,000 $169,402
2015 $2,131 $203,827 $40,000 $163,827
2014 $2,021 $203,827 $40,000 $163,827
Source: Public Records

Map

North Carolina Wake County Raleigh 27616 Forestville

5504 Cahaba Way, Raleigh, NC

This home is located at 5504 Cahaba Way, Raleigh, NC 27616 and is currently estimated at $401,723, approximately $195 per square foot. 5504 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.

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