NOT LISTED FOR SALE

5600 Somerset Springs Dr Raleigh, NC 27616

Triangle Town Center Neighborhood

Estimated Value: $309,000 - $324,000

3 Beds
3 Baths
1,200 Sq Ft
$266/Sq Ft Est. Value

About This Home

This home is located at 5600 Somerset Springs Dr, Raleigh, NC 27616 and is currently estimated at $318,842, approximately $265 per square foot. 5600 Somerset Springs Dr is a home located in Wake County with nearby schools including River Bend Elementary, River Bend Middle, and Rolesville High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 5, 2003
Sold by
Bank One Na
Bought by
Reid Joy D
Current Estimated Value
$318,842

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,400
Outstanding Balance
$43,551
Interest Rate
5.93%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$275,291

Purchase Details

Closed on
Mar 19, 2003
Sold by
Hinton Julia A
Bought by
Bank One Na and The First National Bank Of Chicago

Purchase Details

Closed on
Aug 30, 1999
Sold by
Miller Jeffrey A and Miller Ruthie P
Bought by
Hinton Julia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,150
Interest Rate
10.5%
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Reid Joy D $118,000 --
Bank One Na $103,600 --
Hinton Julia A $119,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reid Joy D $94,400
Previous Owner Hinton Julia A $101,150
Previous Owner Miller Jeffrey Alan $15,000
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
2025 $2,752 $313,315 $90,000 $223,315
2024 $2,741 $313,315 $90,000 $223,315
2023 $2,234 $203,075 $56,000 $147,075
2022 $2,076 $203,075 $56,000 $147,075
2021 $1,996 $203,075 $56,000 $147,075
2020 $1,960 $203,075 $56,000 $147,075
2019 $1,705 $145,415 $33,000 $112,415
2018 $1,609 $145,415 $33,000 $112,415
2017 $1,533 $145,415 $33,000 $112,415
2016 $1,501 $145,415 $33,000 $112,415
2015 $1,615 $154,029 $36,000 $118,029
2014 -- $154,029 $36,000 $118,029
Source: Public Records

Map

North Carolina Wake County Raleigh 27616 Triangle Town Center

5600 Somerset Springs Dr, Raleigh, NC

This home is located at 5600 Somerset Springs Dr, Raleigh, NC 27616 and is currently estimated at $318,842, approximately $265 per square foot. 5600 Somerset Springs Dr is a home located in Wake County with nearby schools including River Bend Elementary, River Bend Middle, and Rolesville High School.

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