NOT LISTED FOR SALE

5601 Picnic Rock Ln Raleigh, NC 27613

Estimated Value: $346,696 - $367,000

3 Beds
3 Baths
1,600 Sq Ft
$224/Sq Ft Est. Value

About This Home

This home is located at 5601 Picnic Rock Ln, Raleigh, NC 27613 and is currently estimated at $358,674, approximately $224 per square foot. 5601 Picnic Rock Ln is a home located in Wake County with nearby schools including Leesville Road Elementary School, Leesville Road Middle School, and Leesville Road High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 29, 2010
Sold by
Mcelrath Rodney Dale and Mcelrath Michelle M
Bought by
Mcelrath Rodney Dale and Mcelrath Michelle M
Current Estimated Value
$358,674

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,500
Outstanding Balance
$85,022
Interest Rate
4.18%
Mortgage Type
New Conventional
Estimated Equity
$272,496

Purchase Details

Closed on
Feb 28, 2006
Sold by
Meegan Michelle M
Bought by
Meegan Michelle M and Mcelrath Rodney Dale

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,600
Interest Rate
6.05%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jan 28, 2000
Sold by
Crossmann Communities North Carolina Inc
Bought by
Meegan Michelle M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,810
Interest Rate
7.9%
Mortgage Type
FHA
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Mcelrath Rodney Dale -- None Available
Meegan Michelle M -- None Available
Meegan Michelle M $157,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcelrath Rodney Dale $126,500
Closed Meegan Michelle M $133,600
Closed Meegan Michelle M $30,000
Closed Meegan Michelle M $155,810
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
2024 $2,925 $334,537 $90,000 $244,537
2023 $2,437 $221,755 $48,000 $173,755
2022 $2,265 $221,755 $48,000 $173,755
2021 $2,178 $221,755 $48,000 $173,755
2020 $2,138 $221,755 $48,000 $173,755
2019 $1,916 $163,590 $30,000 $133,590
2018 $1,807 $163,590 $30,000 $133,590
2017 $1,722 $163,590 $30,000 $133,590
2016 $1,687 $163,590 $30,000 $133,590
2015 $1,712 $163,362 $30,000 $133,362
2014 $1,624 $163,362 $30,000 $133,362
Source: Public Records

Map

North Carolina Wake County Raleigh 27613

5601 Picnic Rock Ln, Raleigh, NC

This home is located at 5601 Picnic Rock Ln, Raleigh, NC 27613 and is currently estimated at $358,674, approximately $224 per square foot. 5601 Picnic Rock Ln is a home located in Wake County with nearby schools including Leesville Road Elementary School, Leesville Road Middle School, and Leesville Road High School.

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