5518 Marthonna Way Raleigh, NC 27616
Northeast Raleigh NeighborhoodEstimated Value: $285,000 - $321,000
3
Beds
2
Baths
1,121
Sq Ft
$274/Sq Ft
Est. Value
About This Home
This home is located at 5518 Marthonna Way, Raleigh, NC 27616 and is currently estimated at $307,085, approximately $273 per square foot. 5518 Marthonna Way is a home located in Wake County with nearby schools including Sanford Creek Elementary School, River Bend Middle, and Rolesville High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jan 7, 2002
Sold by
Marshall Aaron M
Bought by
Smith Elliott
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
$104,405
Outstanding Balance
$43,029
Interest Rate
7.16%
Estimated Equity
$264,056
Purchase Details
Closed on
Jul 28, 1998
Sold by
Beazer Homes Corp
Bought by
Marshall Aaron M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,600
Interest Rate
6.94%
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Smith Elliott | $110,000 | -- | |
| Marshall Aaron M | $109,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Smith Elliott | $104,405 | |
| Previous Owner | Marshall Aaron M | $105,600 |
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 | $2,762 | $314,435 | $110,000 | $204,435 |
| 2024 | $2,751 | $314,435 | $110,000 | $204,435 |
| 2023 | $1,978 | $179,662 | $50,000 | $129,662 |
| 2022 | $1,839 | $179,662 | $50,000 | $129,662 |
| 2021 | $1,768 | $179,662 | $50,000 | $129,662 |
| 2020 | $1,736 | $179,662 | $50,000 | $129,662 |
| 2019 | $1,632 | $139,068 | $40,000 | $99,068 |
| 2018 | $1,539 | $139,068 | $40,000 | $99,068 |
| 2017 | $1,467 | $139,068 | $40,000 | $99,068 |
| 2016 | $1,437 | $139,068 | $40,000 | $99,068 |
| 2015 | $1,484 | $141,333 | $36,000 | $105,333 |
| 2014 | $1,408 | $141,333 | $36,000 | $105,333 |
Source: Public Records
Map
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