NOT LISTED FOR SALE

Estimated Value: $458,000 - $592,000

3 Beds
2 Baths
1,851 Sq Ft
$279/Sq Ft Est. Value

About This Home

This home is located at 605 Chatham Ln, Raleigh, NC 27610 and is currently estimated at $516,240, approximately $278 per square foot. 605 Chatham Ln is a home located in Wake County with nearby schools including Douglas Elementary, Leroy Martin Magnet, and Enloe High.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 23, 2020
Sold by
Mcmahon Patrick R and Mcmahon Angela
Bought by
Marshall Adrian Elizabeth
Current Estimated Value
$516,240

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$407,500
Outstanding Balance
$363,871
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$152,369

Purchase Details

Closed on
Sep 10, 2015
Sold by
Mcmahon Shirley B and Mcmahon Richard A
Bought by
Mcmahon Patrick R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,750
Interest Rate
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 3, 2015
Sold by
Farmer Barbara and Farmer Ronnie Oneal
Bought by
Mcmahon Patrick R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,750
Interest Rate
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Marshall Adrian Elizabeth $437,500 None Available
Mcmahon Patrick R $125,000 Attorney
Mcmahon Patrick R -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marshall Adrian Elizabeth $407,500
Previous Owner Mcmahon Patrick R $310,000
Previous Owner Mcmahon Patrick $210,000
Previous Owner Mcmahon Patrick $260,000
Previous Owner Mcmahon Patrick R $118,750
Previous Owner Mcmahon Patrick R $118,750
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 $3,939 $451,270 $200,000 $251,270
2023 $3,463 $315,881 $115,000 $200,881
2022 $3,218 $315,881 $115,000 $200,881
2021 $3,094 $315,881 $115,000 $200,881
2020 $3,037 $315,881 $115,000 $200,881
2019 $2,346 $200,679 $48,000 $152,679
2018 $1,675 $151,493 $48,000 $103,493
2017 $1,464 $138,793 $48,000 $90,793
2016 $1,434 $124,722 $48,000 $76,722
2015 -- $87,269 $28,000 $59,269
2014 $877 $87,269 $28,000 $59,269
Source: Public Records

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