NOT LISTED FOR SALE

6116 Spice Ridge Ln Raleigh, NC 27606

Estimated Value: $590,000 - $715,390

-- Bed
3 Baths
3,434 Sq Ft
$192/Sq Ft Est. Value

About This Home

This home is located at 6116 Spice Ridge Ln, Raleigh, NC 27606 and is currently estimated at $658,848, approximately $191 per square foot. 6116 Spice Ridge Ln is a home located in Wake County with nearby schools including Reedy Creek Elementary School and Reedy Creek Magnet Middle School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 28, 2023
Sold by
Gaines Willis W and Gaines Alma M
Bought by
Ljdm Holdings Llc
Current Estimated Value
$658,848

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,575,000
Outstanding Balance
$1,537,428
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
-$878,580

Purchase Details

Closed on
Dec 18, 2008
Sold by
Reddick Marshall
Bought by
Ocean Partners Group Llc

Purchase Details

Closed on
Dec 29, 2005
Sold by
Womack David and Vien Enid
Bought by
Reddick Marshall

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
6.28%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Aug 27, 2003
Sold by
Burwell Ralph E and Burwell Virginia G
Bought by
Womack David and Vien Enid

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$254,250
Interest Rate
8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 17, 2002
Sold by
Rice Mark T and Rice Melinda B
Bought by
Burwell Ralph E and Burwell Virginia G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,400
Interest Rate
7.07%
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
Ljdm Holdings Llc $1,850,000 None Listed On Document
Ocean Partners Group Llc -- None Available
Reddick Marshall $279,000 None Available
Womack David $282,500 --
Burwell Ralph E $253,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ljdm Holdings Llc $1,575,000
Previous Owner Reddick Marshall $220,000
Previous Owner Womack David $254,250
Previous Owner Burwell Ralph E $202,400
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 $4,492 $505,872 $150,000 $355,872
2024 $4,474 $505,872 $150,000 $355,872
2023 $3,845 $345,455 $80,000 $265,455
2022 $3,578 $345,455 $80,000 $265,455
2021 $3,441 $345,455 $80,000 $265,455
2020 $3,380 $345,455 $80,000 $265,455
2019 $3,130 $263,173 $70,000 $193,173
2018 $2,955 $263,173 $70,000 $193,173
2017 $2,818 $263,173 $70,000 $193,173
2016 $2,761 $263,173 $70,000 $193,173
2015 $3,054 $287,207 $70,000 $217,207
2014 $2,900 $287,207 $70,000 $217,207
Source: Public Records

Map

North Carolina Wake County Raleigh 27606

6116 Spice Ridge Ln, Raleigh, NC

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