NOT LISTED FOR SALE

6506 New Market Way Raleigh, NC 27615

North Ridge Neighborhood

Estimated Value: $1,838,490 - $2,118,000

4 Beds
5 Baths
4,380 Sq Ft
$460/Sq Ft Est. Value

About This Home

This home is located at 6506 New Market Way, Raleigh, NC 27615 and is currently estimated at $2,013,873, approximately $459 per square foot. 6506 New Market Way is a home located in Wake County with nearby schools including North Ridge Elementary School, West Millbrook Middle School, and Millbrook High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 19, 2020
Sold by
Mcgivern Lynn Suzanne and Kerwin Mcgivern Karry
Bought by
Cannady Jerry Todd and Cannady Tonya Futrelle
Current Estimated Value
$2,013,873

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$960,000
Outstanding Balance
$865,876
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$1,147,997

Purchase Details

Closed on
Sep 17, 2019
Sold by
Hamlett Michael Lynn and Hamlett Kim Oliver
Bought by
Mcgivern Lynn S and Kerwin Mcgivern Karry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$984,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 22, 2018
Sold by
Raleigh Custom Homes Inc
Bought by
Hamlett Kim Oliver and Hamlett Michael Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$960,000
Interest Rate
4.04%
Mortgage Type
New Conventional
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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

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.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

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.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Cannady Jerry Todd $1,280,000 None Available
Mcgivern Lynn S $1,230,000 None Available
Hamlett Kim Oliver $120,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cannady Jerry Todd $960,000
Previous Owner Mcgivern Lynn S $984,000
Previous Owner Hamlett Kim Oliver $960,000
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
2024 $15,557 $1,788,924 $540,000 $1,248,924
2023 $13,591 $1,245,064 $199,500 $1,045,564
2022 $12,626 $1,245,064 $199,500 $1,045,564
2021 $12,134 $1,245,064 $199,500 $1,045,564
2020 $11,913 $1,245,064 $199,500 $1,045,564
2019 $13,536 $1,166,241 $213,750 $952,491
2018 $12,762 $1,166,241 $213,750 $952,491
Source: Public Records

Map

North Carolina Wake County Raleigh 27615 North Ridge

6506 New Market Way, Raleigh, NC

This home is located at 6506 New Market Way, Raleigh, NC 27615 and is currently estimated at $2,013,873, approximately $459 per square foot. 6506 New Market Way is a home located in Wake County with nearby schools including North Ridge Elementary School, West Millbrook Middle School, and Millbrook High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Nearby Homes