NOT LISTED FOR SALE

5505 Gateway Place Raleigh, NC 27617

Umstead Neighborhood

Estimated Value: $384,000 - $418,000

3 Beds
3 Baths
1,356 Sq Ft
$295/Sq Ft Est. Value

About This Home

This home is located at 5505 Gateway Place, Raleigh, NC 27617 and is currently estimated at $400,138, approximately $295 per square foot. 5505 Gateway Place is a home located in Wake County with nearby schools including Leesville Road Elementary School, Leesville Road Middle School, and Leesville Road High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 20, 2013
Sold by
Funderburk Builders Inc
Bought by
Rasch Jonathan Asahel and Rasch Moriah Michelle
Current Estimated Value
$400,138

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,385
Interest Rate
3.44%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 27, 2007
Sold by
Sorrell Grove Associates Llc
Bought by
Funderburk Builders Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Interest Rate
6.1%
Mortgage Type
Construction
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

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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
Rasch Jonathan Asahel $164,000 None Available
Funderburk Builders Inc $150,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rasch Jonathan Asahel $149,385
Previous Owner Funderburk Builders Inc $152,000
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
2025 $3,400 $387,536 $170,000 $217,536
2024 $3,386 $387,536 $170,000 $217,536
2023 $2,536 $230,845 $60,000 $170,845
2022 $2,357 $230,845 $60,000 $170,845
2021 $2,266 $230,845 $60,000 $170,845
2020 $2,225 $230,845 $60,000 $170,845
2019 $2,131 $182,161 $63,000 $119,161
2018 $2,010 $182,161 $63,000 $119,161
2017 $1,915 $182,161 $63,000 $119,161
2016 $1,876 $182,161 $63,000 $119,161
2015 $1,958 $187,116 $56,000 $131,116
2014 $1,857 $187,116 $56,000 $131,116
Source: Public Records

Map

North Carolina Wake County Raleigh 27613 Umstead

5505 Gateway Place, Raleigh, NC

This home is located at 5505 Gateway Place, Raleigh, NC 27617 and is currently estimated at $400,138, approximately $295 per square foot. 5505 Gateway Place is a home located in Wake County with nearby schools including Leesville Road Elementary School, Leesville Road Middle School, and Leesville Road High School.

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