NOT LISTED FOR SALE

5708 Rail Fence Rd Raleigh, NC 27606

Cary Towne Center Neighborhood

Estimated Value: $395,000 - $460,000

3 Beds
2 Baths
1,450 Sq Ft
$298/Sq Ft Est. Value

About This Home

This home is located at 5708 Rail Fence Rd, Raleigh, NC 27606 and is currently estimated at $431,884, approximately $297 per square foot. 5708 Rail Fence Rd is a home located in Wake County with nearby schools including Reedy Creek Elementary School, Reedy Creek Magnet Middle School, and GRACE Christian School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 28, 2019
Sold by
Cespedes Merquiades and Cespedes Natalie
Bought by
Spence Talmage T
Current Estimated Value
$431,884

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,225
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 13, 2018
Sold by
Norris Deborah and Norris Terry
Bought by
Cespedes Merquiades and Cespedes Natalie

Purchase Details

Closed on
Jan 30, 1992
Bought by
Asbill Deborah A
Source: Public Records

Range of Values:

Collateral Analytics

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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

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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
Spence Talmage T $265,500 None Available
Cespedes Merquiades $138,000 None Available
Asbill Deborah A $86,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Spence Talmage T $244,000
Closed Spence Talmage T $252,225
Previous Owner Asbill Deborah A $119,000
Previous Owner Asbill Deborah A $76,881
Previous Owner Asbill Deborah Adams $81,500
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 $3,051 $348,996 $155,000 $193,996
2023 $2,818 $256,697 $85,000 $171,697
2022 $2,619 $256,697 $85,000 $171,697
2021 $2,518 $256,697 $85,000 $171,697
2020 $2,472 $256,697 $85,000 $171,697
2019 $1,963 $167,686 $80,000 $87,686
2018 $1,852 $167,686 $80,000 $87,686
2017 $1,764 $167,686 $80,000 $87,686
2016 $1,728 $167,686 $80,000 $87,686
2015 $1,672 $159,523 $72,000 $87,523
2014 $1,586 $159,523 $72,000 $87,523
Source: Public Records

Map

North Carolina Wake County Raleigh 27606 Cary Towne Center

5708 Rail Fence Rd, Raleigh, NC

This home is located at 5708 Rail Fence Rd, Raleigh, NC 27606 and is currently estimated at $431,884, approximately $297 per square foot. 5708 Rail Fence Rd is a home located in Wake County with nearby schools including Reedy Creek Elementary School, Reedy Creek Magnet Middle School, and GRACE Christian School.

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