5516 Laurel Grove Ln Raleigh, NC 27616
Northeast Raleigh NeighborhoodEstimated Value: $349,605 - $384,000
            
                3
                Beds
            
            
            
                3
                Baths
            
            
            
                1,856
                Sq Ft
            
            
                
                    $200/Sq Ft
                    Est. Value
                
                
        
    
    
About This Home
This home is located at 5516 Laurel Grove Ln, Raleigh, NC 27616 and is currently estimated at $371,901, approximately $200 per square foot. 5516 Laurel Grove Ln is a home located in Wake County with nearby schools including Harris Creek Elementary School, River Bend Middle, and Rolesville High School.
Ownership History
                Date
                Name
                Owned For
                Owner Type
            
                    Purchase Details
                Closed on
            
            
                Oct 4, 2002
            
        
                Sold by
            
            
                Hud
            
        
                Bought by
            
            
                Gomes Mark S and Gomes Sworna J
            
        
                            Current Estimated Value
                        
                        
                    Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
                Original Mortgage
            
            
                $102,400
            
        
                Outstanding Balance
            
            
                $43,996
            
        
                Interest Rate
            
            
                6.5%
            
        
                Estimated Equity
            
            
                $327,905
            
        Purchase Details
                Closed on
            
            
                Apr 24, 2002
            
        
                Sold by
            
            
                Worthington Hugh L
            
        
                Bought by
            
            
                Hud
            
        Purchase Details
                Closed on
            
            
                May 23, 1997
            
        
                Bought by
            
            
                Gomes Mark S and Gomes Sworna J
            
        
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        Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company | 
|---|---|---|---|
| Gomes Mark S | -- | -- | |
| Hud | $139,995 | -- | |
| Gomes Mark S | $137,500 | -- | 
                Source: Public Records
            
        Mortgage History
| Date | Status | Borrower | Loan Amount | 
|---|---|---|---|
| Open | Gomes Mark S | $102,400 | |
| Closed | Gomes Mark S | $25,600 | 
                Source: Public Records
            
        Tax History Compared to Growth
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 | $3,224 | $367,374 | $110,000 | $257,374 | 
| 2024 | $3,211 | $367,374 | $110,000 | $257,374 | 
| 2023 | $2,657 | $241,902 | $52,000 | $189,902 | 
| 2022 | $2,469 | $241,902 | $52,000 | $189,902 | 
| 2021 | $2,374 | $241,902 | $52,000 | $189,902 | 
| 2020 | $2,331 | $241,902 | $52,000 | $189,902 | 
| 2019 | $2,045 | $174,710 | $36,000 | $138,710 | 
| 2018 | $1,929 | $174,710 | $36,000 | $138,710 | 
| 2017 | $1,838 | $174,710 | $36,000 | $138,710 | 
| 2016 | $1,800 | $174,710 | $36,000 | $138,710 | 
| 2015 | $1,845 | $176,201 | $36,000 | $140,201 | 
| 2014 | $1,750 | $176,201 | $36,000 | $140,201 | 
                Source: Public Records
                    
            
        Map
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