NOT LISTED FOR SALE

7116 Racine Way Raleigh, NC 27615

Estimated Value: $306,494 - $330,000

3 Beds
3 Baths
1,565 Sq Ft
$204/Sq Ft Est. Value

About This Home

This home is located at 7116 Racine Way, Raleigh, NC 27615 and is currently estimated at $319,374, approximately $204 per square foot. 7116 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
Jun 11, 2018
Sold by
Colvin Andrew M and Colvin Suzanne Cerf
Bought by
Koneru Chakrapani and Yalamanchili Nonitha Jyothi
Current Estimated Value
$319,374

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Outstanding Balance
$80,959
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$238,415

Purchase Details

Closed on
Jan 30, 2014
Sold by
Colvin Andrew M and Colvin Suzanne C
Bought by
Colvin Revocable Trust

Purchase Details

Closed on
Jun 26, 2007
Sold by
Pulte Home Corp
Bought by
Colvin Andrew M and Colvin Suzanne C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,000
Interest Rate
6.1%
Mortgage Type
Unknown
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
Koneru Chakrapani $182,500 None Available
Colvin Revocable Trust -- None Available
Colvin Andrew M $185,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Koneru Chakrapani $135,000
Previous Owner Colvin Andrew M $113,000
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 $2,755 $313,662 $70,000 $243,662
2024 $2,744 $313,662 $70,000 $243,662
2023 $2,386 $217,106 $50,000 $167,106
2022 $2,218 $217,106 $50,000 $167,106
2021 $2,132 $217,106 $50,000 $167,106
2020 $2,094 $217,106 $50,000 $167,106
2019 $1,926 $164,441 $40,000 $124,441
2018 $1,817 $164,441 $40,000 $124,441
2017 $1,731 $164,441 $40,000 $124,441
2016 $1,695 $164,441 $40,000 $124,441
2015 $1,935 $184,969 $42,000 $142,969
2014 $1,836 $184,969 $42,000 $142,969
Source: Public Records

Map

North Carolina Wake County Raleigh 27615

7116 Racine Way, Raleigh, NC

This home is located at 7116 Racine Way, Raleigh, NC 27615 and is currently estimated at $319,374, approximately $204 per square foot. 7116 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.

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