NOT LISTED FOR SALE

5509 Drum Inlet Place Raleigh, NC 27610

Southeast Raleigh Neighborhood

Estimated Value: $263,000 - $302,000

3 Beds
2 Baths
1,240 Sq Ft
$230/Sq Ft Est. Value

About This Home

This home is located at 5509 Drum Inlet Place, Raleigh, NC 27610 and is currently estimated at $284,772, approximately $229 per square foot. 5509 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
Sep 27, 2022
Sold by
Lucus Ronald
Bought by
Ronald Lucas Living Trust
Current Estimated Value
$280,942

Purchase Details

Closed on
May 13, 2005
Sold by
Sfjv2003-1 Llc
Bought by
Lucus Ronald

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,950
Interest Rate
5.98%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Oct 15, 2004
Sold by
Ivy James A and Ivy Betty J
Bought by
Sfjv-2003-1 Llc

Purchase Details

Closed on
May 29, 1998
Sold by
Jerry Gower Construction Company Inc
Bought by
Ivy James A and Ivy Betty J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,800
Interest Rate
7.11%
Mortgage Type
FHA
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
Ronald Lucas Living Trust -- --
Lucus Ronald $101,000 --
Sfjv-2003-1 Llc $109,216 --
Ivy James A $108,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lucas Ronald $104,500
Previous Owner Lucas Ronald $92,500
Previous Owner Lucus Ronald $95,950
Previous Owner Matthews Charles Milton $100,000
Previous Owner Ivy James A $106,800
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 $2,258 $257,685 $80,000 $177,685
2023 $1,565 $141,760 $35,000 $106,760
2022 $1,455 $141,760 $35,000 $106,760
2021 $1,399 $141,760 $35,000 $106,760
2020 $1,374 $141,760 $35,000 $106,760
2019 $1,316 $111,870 $25,000 $86,870
2018 $1,242 $111,870 $25,000 $86,870
2017 $1,184 $111,870 $25,000 $86,870
2016 $1,160 $111,870 $25,000 $86,870
2015 $1,270 $120,733 $27,000 $93,733
2014 $1,205 $120,733 $27,000 $93,733
Source: Public Records

Map

North Carolina Wake County Raleigh 27610 Southeast Raleigh

5509 Drum Inlet Place, Raleigh, NC

This home is located at 5509 Drum Inlet Place, Raleigh, NC 27610 and is currently estimated at $284,772, approximately $229 per square foot. 5509 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.

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