NOT LISTED FOR SALE

7024 Racine Way Raleigh, NC 27615

Estimated Value: $303,000 - $313,000

3 Beds
3 Baths
1,558 Sq Ft
$198/Sq Ft Est. Value

About This Home

This home is located at 7024 Racine Way, Raleigh, NC 27615 and is currently estimated at $308,676, approximately $198 per square foot. 7024 Racine 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
Mar 28, 2025
Sold by
Manla Bonnie
Bought by
Manla Daniel James
Current Estimated Value
$308,676

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Outstanding Balance
$225,000
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$86,868

Purchase Details

Closed on
Sep 5, 2014
Sold by
Malek Kaz Ghazaleh and Malek Mohammad
Bought by
Manla Bonnie

Purchase Details

Closed on
Apr 2, 2008
Sold by
Pulte Home Corp
Bought by
Malek Kaz Ghazaleh and Malek Mohammad

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,437
Interest Rate
5.97%
Mortgage Type
FHA
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
Manla Daniel James $300,000 None Listed On Document
Manla Bonnie $165,000 None Available
Malek Kaz Ghazaleh $155,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Manla Daniel James $225,000
Previous Owner Malek Kaz Ghazaleh $153,437
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 $2,730 $311,989 $70,000 $241,989
2023 $2,379 $216,396 $50,000 $166,396
2022 $2,211 $216,396 $50,000 $166,396
2021 $2,126 $216,396 $50,000 $166,396
2020 $2,087 $216,396 $50,000 $166,396
2019 $1,954 $166,922 $40,000 $126,922
2018 $1,844 $166,922 $40,000 $126,922
2017 $1,756 $166,922 $40,000 $126,922
2016 $1,721 $166,922 $40,000 $126,922
2015 -- $187,872 $42,000 $145,872
2014 -- $187,872 $42,000 $145,872
Source: Public Records

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