NOT LISTED FOR SALE

5511 Wallace Martin Way Raleigh, NC 27616

Forestville Neighborhood

Estimated Value: $387,000 - $418,000

-- Bed
1 Bath
2,076 Sq Ft
$195/Sq Ft Est. Value

About This Home

This home is located at 5511 Wallace Martin Way, Raleigh, NC 27616 and is currently estimated at $403,867, approximately $194 per square foot. 5511 Wallace Martin Way is a home with nearby schools including River Bend Elementary, River Bend Middle, and Rolesville High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 1, 2025
Sold by
Retzlaff Thomas L and Retzlaff Karen T
Bought by
Retzlaff Thomas L and Retzlaff Karen T
Current Estimated Value
$417,561

Purchase Details

Closed on
Sep 27, 2019
Sold by
Chesapeake Homes Of North Carolina Inc
Bought by
Retzlaff Thomas L and Retzlaff Karen T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,675
Interest Rate
3.6%
Mortgage Type
New Conventional
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
Retzlaff Thomas L -- None Listed On Document
Retzlaff Thomas L -- None Listed On Document
Retzlaff Thomas L $319,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Retzlaff Thomas L $300,675
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 $3,543 $405,692 $75,000 $330,692
2023 $3,216 $293,194 $60,000 $233,194
2022 $2,989 $293,194 $60,000 $233,194
2021 $2,873 $293,194 $60,000 $233,194
2020 $2,821 $293,194 $60,000 $233,194
2019 $649 $56,000 $56,000 $0
2018 $612 $56,000 $56,000 $0
Source: Public Records

Map

North Carolina Wake County Raleigh 27616 Forestville

5511 Wallace Martin Way, Raleigh, NC

This home is located at 5511 Wallace Martin Way, Raleigh, NC 27616 and is currently estimated at $403,867, approximately $194 per square foot. 5511 Wallace Martin Way is a home with nearby schools including River Bend Elementary, River Bend Middle, and Rolesville High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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