NOT LISTED FOR SALE

5509 Gateway Place Raleigh, NC 27617

Umstead Neighborhood

Estimated Value: $404,000 - $427,000

3 Beds
2 Baths
1,520 Sq Ft
$273/Sq Ft Est. Value

About This Home

This home is located at 5509 Gateway Place, Raleigh, NC 27617 and is currently estimated at $414,983, approximately $273 per square foot. 5509 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
Oct 30, 2014
Sold by
Lawrence John Patrick and Lawrence Guadalupe Jasso
Bought by
Democker Heidi J
Current Estimated Value
$414,983

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,677
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 19, 2008
Sold by
Jacobs Building Co Inc
Bought by
Lawrence John Patrick

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,500
Interest Rate
6.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 27, 2008
Sold by
Sorrell Grove Associates Llc
Bought by
Jacobs Building Co Inc
Source: Public Records

Range of Values:

Collateral Analytics

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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
Democker Heidi J $170,000 None Available
Lawrence John Patrick $165,000 None Available
Jacobs Building Co Inc $100,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Democker Heidi J $155,677
Previous Owner Lawrence John Patrick $148,500
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 $3,492 $398,075 $170,000 $228,075
2024 $3,477 $398,075 $170,000 $228,075
2023 $2,712 $247,014 $60,000 $187,014
2022 $2,521 $247,014 $60,000 $187,014
2021 $2,423 $247,014 $60,000 $187,014
2020 $2,379 $247,014 $60,000 $187,014
2019 $2,270 $194,148 $63,000 $131,148
2018 $2,141 $194,148 $63,000 $131,148
2017 $2,040 $194,148 $63,000 $131,148
2016 $1,998 $194,148 $63,000 $131,148
2015 $1,951 $186,484 $56,000 $130,484
2014 $1,851 $186,484 $56,000 $130,484
Source: Public Records

Map

North Carolina Wake County Raleigh 27613 Umstead

5509 Gateway Place, Raleigh, NC

This home is located at 5509 Gateway Place, Raleigh, NC 27617 and is currently estimated at $414,983, approximately $273 per square foot. 5509 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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