NOT LISTED FOR SALE

5516 Grand Traverse Dr Raleigh, NC 27604

Hedingham Neighborhood

Estimated Value: $320,000 - $349,000

3 Beds
3 Baths
1,600 Sq Ft
$209/Sq Ft Est. Value

About This Home

This home is located at 5516 Grand Traverse Dr, Raleigh, NC 27604 and is currently estimated at $334,206, approximately $208 per square foot. 5516 Grand Traverse Dr is a home located in Wake County with nearby schools including Beaverdam Elementary School, River Bend Middle, and Knightdale High.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 17, 2018
Sold by
Higgins David J and Higgins Donna M
Bought by
Moore Leshana T
Current Estimated Value
$334,206

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Outstanding Balance
$1,782,427
Interest Rate
4.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
-$1,448,494

Purchase Details

Closed on
Jan 24, 2017
Sold by
Higgins David J
Bought by
Higgins David J and Higgins Donna M

Purchase Details

Closed on
Jun 17, 2009
Sold by
Higgins Monica Anne
Bought by
Higgins David J and Higgins Donna M

Purchase Details

Closed on
May 31, 2007
Sold by
Hong Young Bog and Park Hey Won
Bought by
Higgins David J and Higgins Donna M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,050
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 30, 2000
Sold by
Shadow Glen Llc
Bought by
Hong Young Bog

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,606
Interest Rate
8.63%
Mortgage Type
Stand Alone First
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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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

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Moore Leshana T $168,000 None Available
Higgins David J -- None Available
Higgins David J -- None Available
Higgins David J $159,000 None Available
Hong Young Bog $144,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moore Leshana T $122,000
Open Moore Leshana T $2,000,000
Closed Moore Leshana T $123,400
Closed Moore Leshana T $30,000
Previous Owner Higgins David J $151,050
Previous Owner Hong Young Bog $125,606
Previous Owner Shadow Glen Llc $70,000
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 $2,738 $312,911 $81,250 $231,661
2023 $2,108 $191,584 $50,600 $140,984
2022 $1,960 $191,584 $50,600 $140,984
2021 $1,884 $191,584 $50,600 $140,984
2020 $1,850 $191,584 $50,600 $140,984
2019 $1,854 $158,261 $41,800 $116,461
2018 $1,749 $158,261 $41,800 $116,461
2017 $1,666 $158,261 $41,800 $116,461
2016 $1,632 $158,261 $41,800 $116,461
2015 $1,586 $151,229 $40,800 $110,429
2014 $1,505 $151,229 $40,800 $110,429
Source: Public Records

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