NOT LISTED FOR SALE

5509 Shimer Farm Ln Raleigh, NC 27614

Falls Lake Neighborhood

Estimated Value: $802,000 - $1,014,000

-- Bed
3 Baths
2,902 Sq Ft
$312/Sq Ft Est. Value

About This Home

This home is located at 5509 Shimer Farm Ln, Raleigh, NC 27614 and is currently estimated at $906,446, approximately $312 per square foot. 5509 Shimer Farm Ln is a home located in Wake County with nearby schools including Brassfield Elementary School, West Millbrook Middle School, and Millbrook High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 12, 2002
Sold by
Reeves Edward C and Reeves Susan L
Bought by
Bowman Karl F and Bowman Gale G
Current Estimated Value
$906,446

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,700
Interest Rate
6.77%

Purchase Details

Closed on
Jul 8, 1998
Sold by
Reeves Susan L
Bought by
Reeves Edward C and Reeves Susan L

Purchase Details

Closed on
Mar 24, 1998
Sold by
Reeves Edward C
Bought by
Reeves Susan L
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
Bowman Karl F $411,500 --
Reeves Edward C -- --
Reeves Susan L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bowman Dvm Karl Frederick $139,540
Closed Bowman Dvm Karl Frederick $100,000
Closed Bowman Dvm Karl Frederick $30,000
Closed Bowman Karl F $15,000
Closed Reeves Edward C $306,750
Closed Bowman Karl F $300,700
Previous Owner Reeves Edward C $200,000
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
2024 $4,865 $780,253 $299,240 $481,013
2023 $4,293 $547,990 $210,640 $337,350
2022 $3,978 $547,990 $210,640 $337,350
2021 $3,871 $547,990 $210,640 $337,350
2020 $3,807 $547,990 $210,640 $337,350
2019 $3,716 $452,528 $193,920 $258,608
2018 $3,416 $452,528 $193,920 $258,608
2017 $3,237 $452,528 $193,920 $258,608
2016 $3,172 $452,528 $193,920 $258,608
2015 $3,352 $479,790 $224,144 $255,646
2014 $3,177 $479,790 $224,144 $255,646
Source: Public Records

Map

North Carolina Wake County Raleigh 27614 Falls Lake

5509 Shimer Farm Ln, Raleigh, NC

This home is located at 5509 Shimer Farm Ln, Raleigh, NC 27614 and is currently estimated at $906,446, approximately $312 per square foot. 5509 Shimer Farm Ln is a home located in Wake County with nearby schools including Brassfield Elementary School, West Millbrook Middle School, and Millbrook High School.

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