NOT LISTED FOR SALE

Estimated Value: $281,000 - $304,000

3 Beds
2 Baths
1,196 Sq Ft
$244/Sq Ft Est. Value

About This Home

This home is located at 5508 Drum Inlet Place, Raleigh, NC 27610 and is currently estimated at $291,325, approximately $243 per square foot. 5508 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
Oct 21, 2004
Sold by
Va
Bought by
Amaya Hector A Torres and Sorto Marleny G
Current Estimated Value
$290,273

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,716
Interest Rate
5.67%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 23, 2004
Sold by
Mitchell Candice S
Bought by
Va

Purchase Details

Closed on
Mar 31, 1998
Sold by
Jerry Gower Construction Co Inc
Bought by
Mitchell Candice S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,050
Interest Rate
6.95%
Mortgage Type
VA

Purchase Details

Closed on
Nov 3, 1997
Sold by
Mga Properties Inc
Bought by
Jerry Gower Construction Co Inc
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
Amaya Hector A Torres -- --
Va $105,756 --
Mitchell Candice S $111,000 --
Jerry Gower Construction Co Inc $23,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Amaya Hector A Torres $111,716
Previous Owner Mitchell Candice S $23,500
Previous Owner Mitchell Candice S $114,050
Closed Amaya Hector A Torres $4,370
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 $2,416 $275,886 $80,000 $195,886
2023 $1,684 $152,682 $35,000 $117,682
2022 $1,566 $152,682 $35,000 $117,682
2021 $1,506 $152,682 $35,000 $117,682
2020 $1,478 $152,682 $35,000 $117,682
2019 $1,424 $121,138 $25,000 $96,138
2018 $1,344 $121,138 $25,000 $96,138
2017 $1,280 $121,138 $25,000 $96,138
2016 $1,254 $121,138 $25,000 $96,138
2015 $1,374 $130,747 $27,000 $103,747
2014 $1,304 $130,747 $27,000 $103,747
Source: Public Records

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