NOT LISTED FOR SALE

5513 Somerford Ln Raleigh, NC 27614

Falls Lake Neighborhood

Estimated Value: $1,569,562 - $1,671,000

4 Beds
5 Baths
5,000 Sq Ft
$320/Sq Ft Est. Value

About This Home

This home is located at 5513 Somerford Ln, Raleigh, NC 27614 and is currently estimated at $1,599,891, approximately $319 per square foot. 5513 Somerford 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
May 26, 2017
Sold by
Mcdevitt Robert M and Mcdevitt Judith M
Bought by
Barnes Allison D and Barnes Dennis K
Current Estimated Value
$1,599,891

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$709,665
Outstanding Balance
$589,483
Interest Rate
3.97%
Mortgage Type
New Conventional
Estimated Equity
$1,010,408

Purchase Details

Closed on
Oct 31, 2002
Sold by
Skywater Inc
Bought by
Mcdevitt Robert M and Mcdevitt Judith M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
5.87%

Purchase Details

Closed on
Jul 7, 2000
Sold by
Honeycutt Properties Llc
Bought by
Skywater Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,500
Interest Rate
7.25%
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
Barnes Allison D $83,500 None Available
Mcdevitt Robert M $814,500 --
Skywater Inc $95,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barnes Allison D $709,665
Previous Owner Mcdevitt Robert M $650,000
Previous Owner Skywater Inc $85,500
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 $9,036 $1,409,573 $240,000 $1,169,573
2024 $8,773 $1,409,573 $240,000 $1,169,573
2023 $7,963 $1,018,741 $168,000 $850,741
2022 $7,377 $1,018,741 $168,000 $850,741
2021 $7,179 $1,018,741 $168,000 $850,741
2020 $7,060 $1,018,741 $168,000 $850,741
2019 $7,634 $932,311 $168,000 $764,311
2018 $7,016 $932,311 $168,000 $764,311
2017 $6,649 $932,311 $168,000 $764,311
2016 $6,514 $932,311 $168,000 $764,311
2015 $6,380 $915,718 $154,000 $761,718
2014 $6,045 $915,718 $154,000 $761,718
Source: Public Records

Map

North Carolina Wake County Raleigh 27614 Falls Lake

5513 Somerford Ln, Raleigh, NC

This home is located at 5513 Somerford Ln, Raleigh, NC 27614 and is currently estimated at $1,599,891, approximately $319 per square foot. 5513 Somerford 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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