NOT LISTED FOR SALE

Estimated Value: $887,000 - $1,025,000

4 Beds
3 Baths
3,235 Sq Ft
$293/Sq Ft Est. Value

About This Home

This home is located at 5504 Shimer Farm Ln, Raleigh, NC 27614 and is currently estimated at $946,899, approximately $292 per square foot. 5504 Shimer Farm Ln is a home located in Wake County with nearby schools including Brassfield Elementary School, West Millbrook Middle School, and Millbrook High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 4, 2013
Sold by
Carroll Nancy T
Bought by
Nolte David
Current Estimated Value
$946,899

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
4.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 27, 2002
Sold by
Taylor Martha J M
Bought by
Carroll Jack R and Carroll Nancy T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$244,000
Interest Rate
5.92%

Purchase Details

Closed on
Apr 18, 2001
Sold by
Gradus Beckwith Shimmer and Gradus Paul A
Bought by
Taylor John L and Taylor Martha J M
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.

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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

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.

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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.

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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
Nolte David $425,000 None Available
Carroll Jack R $305,000 --
Taylor John L $308,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nolte David Chesley $291,584
Closed Nolte David $333,500
Closed Nolte David $340,000
Previous Owner Carroll Jack R $92,000
Previous Owner Carroll Nancy T $322,000
Previous Owner Carroll Nancy T $30,000
Previous Owner Carroll Jack R $244,000
Previous Owner Gradus Paul A $150,000
Closed Carroll Jack R $45,700
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 $4,867 $757,776 $333,750 $424,026
2024 $4,726 $757,776 $333,750 $424,026
2023 $4,072 $519,694 $235,000 $284,694
2022 $3,773 $519,694 $235,000 $284,694
2021 $3,672 $519,694 $235,000 $284,694
2020 $3,611 $519,694 $235,000 $284,694
2019 $3,570 $434,704 $216,250 $218,454
2018 $3,282 $434,704 $216,250 $218,454
2017 $3,111 $434,704 $216,250 $218,454
2016 $3,048 $434,704 $216,250 $218,454
2015 $2,971 $424,843 $208,450 $216,393
2014 $2,815 $424,843 $208,450 $216,393
Source: Public Records

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