NOT LISTED FOR SALE

5917 Farm Gate Rd Raleigh, NC 27606

Cary Towne Center Neighborhood

Estimated Value: $246,000 - $259,693

3 Beds
2 Baths
1,309 Sq Ft
$194/Sq Ft Est. Value

About This Home

This home is located at 5917 Farm Gate Rd, Raleigh, NC 27606 and is currently estimated at $254,423, approximately $194 per square foot. 5917 Farm Gate 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
Feb 21, 2018
Sold by
Irving Deane Ernest
Bought by
Velez Michael Thomas
Current Estimated Value
$254,423

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,000
Outstanding Balance
$53,849
Interest Rate
4.22%
Mortgage Type
New Conventional
Estimated Equity
$200,574

Purchase Details

Closed on
May 17, 2013
Sold by
Brandt Melissa and Nelson Kenneth
Bought by
Irving Deane Ernest

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
3.56%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 19, 2009
Sold by
Draper Edward Lee and Draper Mary Mcelwee
Bought by
Brandt Melissa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,279
Interest Rate
4.77%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 28, 2005
Sold by
Powell Michael W and Powell Kathy B
Bought by
Draper Edward Lee and Draper Mary Mcelwee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,912
Interest Rate
5.88%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 15, 2003
Sold by
Federal National Mortgage Association
Bought by
Powell Michael W and Powell Kathy B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,000
Interest Rate
5.62%

Purchase Details

Closed on
Mar 11, 2003
Sold by
Lowe Melanie J
Bought by
Federal National Mortgage Association

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,000
Interest Rate
5.62%

Purchase Details

Closed on
Apr 12, 1999
Sold by
Dark Harry B
Bought by
Lowe Melanie J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
6.85%
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
Velez Michael Thomas $127,000 None Available
Irving Deane Ernest $91,000 None Available
Brandt Melissa $95,000 None Available
Draper Edward Lee $77,000 --
Powell Michael W -- --
Federal National Mortgage Association $84,642 --
Lowe Melanie J $85,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Velez Michael Thomas $94,000
Previous Owner Irving Deane Ernest $80,000
Previous Owner Brandt Melissa $93,279
Previous Owner Draper Edward Lee $72,912
Previous Owner Powell Michael W $62,000
Previous Owner Lowe Melanie J $80,000
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 $2,110 $239,603 $70,000 $169,603
2024 $2,101 $239,603 $70,000 $169,603
2023 $1,515 $137,122 $35,000 $102,122
2022 $1,408 $137,122 $35,000 $102,122
2021 $1,354 $137,122 $35,000 $102,122
2020 $1,330 $137,122 $35,000 $102,122
2019 $1,147 $97,231 $26,000 $71,231
2018 $1,082 $97,231 $26,000 $71,231
2017 $1,031 $97,231 $26,000 $71,231
2016 $1,011 $97,231 $26,000 $71,231
2015 $962 $90,974 $22,000 $68,974
2014 $913 $90,974 $22,000 $68,974
Source: Public Records

Map

North Carolina Wake County Raleigh 27606 Cary Towne Center

5917 Farm Gate Rd, Raleigh, NC

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