559 New Bern Ave Raleigh, NC 27601
Oakwood NeighborhoodEstimated Value: $521,315 - $696,000
3
Beds
2
Baths
1,290
Sq Ft
$449/Sq Ft
Est. Value
About This Home
This home is located at 559 New Bern Ave, Raleigh, NC 27601 and is currently estimated at $579,329, approximately $449 per square foot. 559 New Bern Ave is a home located in Wake County with nearby schools including Powell Elementary, Ligon Magnet Middle School, and Broughton Magnet High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
May 21, 2019
Sold by
Vorburger Michael
Bought by
Kreuser Peter Andrew and Schultz Sara Irene
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
$264,000
Outstanding Balance
$231,638
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$347,691
Purchase Details
Closed on
Aug 21, 2006
Sold by
Shadetree Service Inc
Bought by
Vorburger Michael
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$27,400
Interest Rate
6.4%
Mortgage Type
Stand Alone Second
Purchase Details
Closed on
Oct 6, 2005
Sold by
Burton Jeffrey R and Burton Schwetz R
Bought by
Shadetree Service Inc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
5.72%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Kreuser Peter Andrew | $330,000 | None Available | |
| Kreuser Peter Andrew | $330,000 | None Listed On Document | |
| Vorburger Michael | $185,000 | None Available | |
| Shadetree Service Inc | $76,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Kreuser Peter Andrew | $264,000 | |
| Closed | Kreuser Peter Andrew | $264,000 | |
| Previous Owner | Vorburger Michael | $27,400 | |
| Previous Owner | Vorburger Michael | $146,400 | |
| Previous Owner | Shadetree Service Inc | $65,000 |
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 | $4,148 | $473,295 | $313,757 | $159,538 |
| 2024 | $4,131 | $473,295 | $313,757 | $159,538 |
| 2023 | $3,733 | $340,671 | $235,318 | $105,353 |
| 2022 | $3,469 | $340,671 | $235,318 | $105,353 |
| 2021 | $3,335 | $340,671 | $235,318 | $105,353 |
| 2020 | $3,274 | $340,671 | $235,318 | $105,353 |
| 2019 | $1,592 | $135,657 | $51,038 | $84,619 |
| 2018 | $1,502 | $135,657 | $51,038 | $84,619 |
| 2017 | $1,431 | $135,657 | $51,038 | $84,619 |
| 2016 | $1,402 | $135,657 | $51,038 | $84,619 |
| 2015 | $1,391 | $132,371 | $47,040 | $85,331 |
| 2014 | $1,320 | $132,371 | $47,040 | $85,331 |
Source: Public Records
Map
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