NOT LISTED FOR SALE

5601 Somerset Springs Dr Raleigh, NC 27616

Triangle Town Center Neighborhood

Estimated Value: $294,000 - $309,456

3 Beds
2 Baths
1,133 Sq Ft
$264/Sq Ft Est. Value

About This Home

This home is located at 5601 Somerset Springs Dr, Raleigh, NC 27616 and is currently estimated at $299,364, approximately $264 per square foot. 5601 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
Feb 1, 2012
Sold by
Garcia Montoya Cirilo and Durazno Gutierrez Francisca
Bought by
Sears Ii Robert Edward
Current Estimated Value
$299,364

Purchase Details

Closed on
Feb 23, 2008
Sold by
Martinez Jesus A and Martinez Virginia
Bought by
Garcia Montoya Cirilo and Durazno Gutierrez Francisca

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,700
Interest Rate
6.22%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 30, 1999
Sold by
Reaugh David W
Bought by
Martinez Jesus A and Martinez Virginia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,887
Interest Rate
7.89%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 30, 1997
Sold by
South Atlantic Residential Prop Llc
Bought by
Reaugh David W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,122
Interest Rate
7.46%
Mortgage Type
FHA
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
Sears Ii Robert Edward $107,000 None Available
Garcia Montoya Cirilo $136,000 None Available
Martinez Jesus A $113,500 --
Reaugh David W $113,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sears Robert Edward $100,000
Closed Sears Ii Robert Edward $50,000
Previous Owner Garcia Montoya Cirilo $5,700
Previous Owner Garcia Montoya Cirilo $129,100
Previous Owner Martinez Jesus A $113,324
Previous Owner Martinez Jesus A $111,650
Previous Owner Martinez Jesus A $112,887
Previous Owner Reaugh David W $113,122
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 $2,550 $291,272 $90,000 $201,272
2023 $2,097 $190,527 $56,000 $134,527
2022 $1,949 $190,527 $56,000 $134,527
2021 $1,874 $190,527 $56,000 $134,527
2020 $1,840 $190,527 $56,000 $134,527
2019 $1,594 $135,827 $33,000 $102,827
2018 $1,504 $135,827 $33,000 $102,827
2017 $1,433 $135,827 $33,000 $102,827
2016 $1,404 $135,827 $33,000 $102,827
2015 $1,523 $145,158 $36,000 $109,158
2014 -- $145,158 $36,000 $109,158
Source: Public Records

Map

North Carolina Wake County Raleigh 27616 Triangle Town Center

5601 Somerset Springs Dr, Raleigh, NC

This home is located at 5601 Somerset Springs Dr, Raleigh, NC 27616 and is currently estimated at $299,364, approximately $264 per square foot. 5601 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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