5531 Laurel Grove Ln Raleigh, NC 27616
Northeast Raleigh NeighborhoodEstimated Value: $375,000 - $382,733
            
                3
                Beds
            
            
            
                3
                Baths
            
            
            
                1,977
                Sq Ft
            
            
                
                    $192/Sq Ft
                    Est. Value
                
                
        
    
    
About This Home
This home is located at 5531 Laurel Grove Ln, Raleigh, NC 27616 and is currently estimated at $379,433, approximately $191 per square foot. 5531 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
            
            
                May 15, 2019
            
        
                Sold by
            
            
                Kovacs Steven A and Kovacs Ashley H
            
        
                Bought by
            
            
                Trejo Mary Rodriguez and Trejo Carlos Jeronimo
            
        
                            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
            
            
                $240,562
            
        
                Outstanding Balance
            
            
                $211,159
            
        
                Interest Rate
            
            
                4.12%
            
        
                Mortgage Type
            
            
                FHA
            
        
                Estimated Equity
            
            
                $168,274
            
        Purchase Details
                Closed on
            
            
                Nov 27, 2013
            
        
                Sold by
            
            
                Murrell Javier and Murrell Andrea
            
        
                Bought by
            
            
                Kovacs Steven A and Kovacs Ashley H
            
        Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
                Original Mortgage
            
            
                $170,000
            
        
                Interest Rate
            
            
                4.31%
            
        
                Mortgage Type
            
            
                New Conventional
            
        Purchase Details
                Closed on
            
            
                Jul 30, 2004
            
        
                Sold by
            
            
                Bushel Robert Pierre and Bushel Geraldine H
            
        
                Bought by
            
            
                Murrell Javier and Murrell Andrea
            
        Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
                Original Mortgage
            
            
                $163,606
            
        
                Interest Rate
            
            
                6.24%
            
        
                Mortgage Type
            
            
                FHA
            
        
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        Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company | 
|---|---|---|---|
| Trejo Mary Rodriguez | $245,000 | None Available | |
| Kovacs Steven A | $170,000 | None Available | |
| Murrell Javier | $165,000 | -- | 
                Source: Public Records
            
        Mortgage History
| Date | Status | Borrower | Loan Amount | 
|---|---|---|---|
| Open | Trejo Mary Rodriguez | $240,562 | |
| Previous Owner | Kovacs Steven A | $170,000 | |
| Previous Owner | Murrell Javier | $163,606 | 
                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 | $3,259 | $371,457 | $110,000 | $261,457 | 
| 2024 | $3,246 | $371,457 | $110,000 | $261,457 | 
| 2023 | $2,677 | $243,802 | $52,000 | $191,802 | 
| 2022 | $2,488 | $243,802 | $52,000 | $191,802 | 
| 2021 | $2,392 | $243,802 | $52,000 | $191,802 | 
| 2020 | $2,349 | $243,802 | $52,000 | $191,802 | 
| 2019 | $2,053 | $175,392 | $36,000 | $139,392 | 
| 2018 | $1,936 | $175,392 | $36,000 | $139,392 | 
| 2017 | $1,845 | $175,392 | $36,000 | $139,392 | 
| 2016 | $1,807 | $175,392 | $36,000 | $139,392 | 
| 2015 | $1,852 | $176,904 | $36,000 | $140,904 | 
| 2014 | $1,757 | $176,904 | $36,000 | $140,904 | 
                Source: Public Records
                    
            
        Map
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