NOT LISTED FOR SALE

5505 Drum Inlet Place Raleigh, NC 27610

Southeast Raleigh Neighborhood

Estimated Value: $262,000 - $300,000

3 Beds
2 Baths
1,125 Sq Ft
$247/Sq Ft Est. Value

About This Home

This home is located at 5505 Drum Inlet Place, Raleigh, NC 27610 and is currently estimated at $277,340, approximately $246 per square foot. 5505 Drum Inlet Place is a home located in Wake County with nearby schools including Barwell Road Elementary School, Carnage Magnet Middle School, and South Garner High.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 9, 2011
Sold by
Citimortgage Inc
Bought by
Davis Jayson C
Current Estimated Value
$278,032

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,380
Outstanding Balance
$40,608
Interest Rate
4.06%
Mortgage Type
New Conventional
Estimated Equity
$241,759

Purchase Details

Closed on
Oct 18, 2011
Sold by
Chavez Maricsa A and Hernandez Carlos A
Bought by
Citimortgage Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,380
Outstanding Balance
$40,608
Interest Rate
4.06%
Mortgage Type
New Conventional
Estimated Equity
$241,759

Purchase Details

Closed on
Oct 22, 2007
Sold by
Wilbanks Ted
Bought by
Chavez Maricsa A and Hernandez Carlos A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,500
Interest Rate
6.44%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 25, 2007
Sold by
Novastar Mortgage Inc
Bought by
Wilbanks Ted and Drum Land Trust

Purchase Details

Closed on
Nov 28, 2006
Sold by
Williams Johnetha B
Bought by
Novastar Mortgage Inc

Purchase Details

Closed on
Aug 5, 2004
Sold by
Conley Diane B
Bought by
Williams Johnetha B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,800
Interest Rate
9.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 28, 1998
Sold by
Jerry Gower Construction Co Inc
Bought by
Conley Diane B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,978
Interest Rate
6.92%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 5, 1997
Sold by
Mga Properties Inc
Bought by
Jerry Gower Construction Co Inc
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
Davis Jayson C $73,000 None Available
Citimortgage Inc $56,481 None Available
Chavez Maricsa A $122,500 None Available
Wilbanks Ted $94,500 None Available
Novastar Mortgage Inc $81,435 None Available
Williams Johnetha B $102,000 --
Conley Diane B $102,000 --
Jerry Gower Construction Co Inc $69,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Davis Jayson C $58,380
Previous Owner Chavez Maricsa A $122,500
Previous Owner Williams Johnetha B $91,800
Previous Owner Conley Diane Boyd $96,900
Previous Owner Conley Diane B $98,978
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 $2,204 $251,415 $80,000 $171,415
2023 $1,524 $137,947 $35,000 $102,947
2022 $1,417 $137,947 $35,000 $102,947
2021 $1,362 $137,947 $35,000 $102,947
2020 $1,338 $137,947 $35,000 $102,947
2019 $1,284 $109,080 $25,000 $84,080
2018 $1,212 $109,080 $25,000 $84,080
2017 $1,155 $109,080 $25,000 $84,080
2016 $1,131 $109,080 $25,000 $84,080
2015 $1,238 $117,663 $27,000 $90,663
2014 -- $117,663 $27,000 $90,663
Source: Public Records

Map

North Carolina Wake County Raleigh 27610 Southeast Raleigh

5505 Drum Inlet Place, Raleigh, NC

This home is located at 5505 Drum Inlet Place, Raleigh, NC 27610 and is currently estimated at $277,340, approximately $246 per square foot. 5505 Drum Inlet Place is a home located in Wake County with nearby schools including Barwell Road Elementary School, Carnage Magnet Middle School, and South Garner High.

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.

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